Core & Main, Inc. (CNM) Stock Price & Analysis
Core & Main, Inc. (CNM) closed at USD 42.33 on Thursday, October 22, 2026, up 2.17% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 41.43; the Oct 22, 2026 session ranged USD 40.41–42.56 on volume of 2,240,194 shares. Market capitalization is $7.81B, with a 52-week range of USD 39.42–59.66 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:01 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CNM.md
Key facts (CNM)
- Last four reported quarters (through Aug 2, 2026): revenue $7.70B, net income $459M (6.0% margin), free cash flow $628M (SEC filings).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $263K; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $195K; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y -22.3% vs S&P 500 +14.9%; 5Y +72.5% vs S&P 500 +80.3%.
- Next earnings: 2026-12-08, EPS estimate USD 0.94, revenue estimate $2.13B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CNM)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $5.00B | $6.65B | $6.70B | $7.44B | $7.65B | $7.70B |
| Gross profit | $1.28B | $1.79B | $1.82B | $1.98B | $2.06B | — |
| Operating income | $425M | $775M | $740M | $719M | $722M | $742M |
| Net income | $166M | $366M | $371M | $411M | $441M | $459M |
| EPS (diluted) | $0.55 | $2.13 | $2.15 | $2.13 | $2.31 | — |
| Free cash flow | -$51.0M | $376M | $1.03B | $586M | $604M | $628M |
| Gross margin | 25.6% | 27.0% | 27.1% | 26.6% | 26.9% | — |
| Operating margin | 8.5% | 11.7% | 11.0% | 9.7% | 9.4% | 9.6% |
| Net margin | 3.3% | 5.5% | 5.5% | 5.5% | 5.8% | 6.0% |
| Revenue growth | +37.4% | +32.9% | +0.8% | +11.0% | +2.8% | — |
| Cash + short-term investments | $1.0M | $177M | $1.0M | $8.0M | $220M | — |
| Total debt | $1.47B | $1.46B | $1.88B | $2.26B | $2.15B | — |
Fiscal years end Feb. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Aug 2, 2026) (CNM)
P/E at fiscal year-ends: Feb 2026 24.3x, Feb 2025 25.0x, Jan 2024 25.4x.
Insider sales (SEC Form 4, open-market, last ~7 months) (CNM)
1 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-04-17 | Bradbury Robyn L | Chief Financial Officer | 5,000 | $263K | 28.5% | Yes (adopted January 16, 2026) | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (CNM)
2 purchases, $195K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-07-06 | Hope James D | Director | 2,067 | $95K | 46.01 | Too little history (no open-market trades in 2023–2025) |
| 2026-04-07 | Hope James D | Director | 1,972 | $100K | 50.7 | Too little history (no open-market trades in 2023–2025) |
Analysts (CNM)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-07 | RBC Capital | Target lowered | Outperform | $60 → $57 |
| 2026-09-11 | Citigroup | Target lowered | Neutral | $53 → $46 |
| 2026-09-10 | Wells Fargo | Target lowered | Overweight | $65 → $48 |
| 2026-09-10 | Truist Securities | Target lowered | Hold | $50 → $45 |
| 2026-09-10 | RBC Capital | Target lowered | Outperform | $63 → $60 |
| 2026-09-10 | Barclays | Target lowered | Overweight | $62 → $61 |
| 2026-09-10 | Baird | Target lowered | Outperform | $66 → $57 |
| 2026-07-23 | William Blair | Initiated | Market Perform |
Total return (dividends reinvested) (CNM)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -22.3% | +72.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -22.4% | +11.5% |
| Volatility (annualized) | 32.3% | 40.4% |
| Max drawdown | -31.7% (Jan 2026→Oct 2026) | -39.8% (Sep 2025→Oct 2026) |
CNM revenue by product line (quarter ended Aug 2, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Pipes, valves & fittings products | $1.46B | 68.1% | +2.2% |
| Storm drainage products | $334.0M | 15.6% | -0.3% |
| Fire protection products | $176.0M | 8.2% | +13.5% |
| Smart utility products | $174.0M | 8.1% | +0.6% |
| Total revenue | $2.15B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CNM suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Amended and Restated | “•the limitations and restrictions in the agreements governing our indebtedness, the Amended and Restated Limited Partnership Agreement of Holdings, as amended, and the Tax Receivable Agreements (each as defined herein);” |
| Partner | CD&R Waterworks Holdings | “In addition, each of the Tax Receivable Agreements requires that any debt document that refinances or replaces our existing indebtedness be no more restrictive on our ability to make payments under each Tax Receivable Agreement than our current indebtedness, unless CD&R Waterworks Holdings, L.P., a Delaware limited partnership, and certain stockholders affiliated with CD&R that transferred all of their Partnership…” |
| Partner | Dubilier & Rice | “In addition, each of the Tax Receivable Agreements requires that any debt document that refinances or replaces our existing indebtedness be no more restrictive on our ability to make payments under each Tax Receivable Agreement than our current indebtedness, unless CD&R Waterworks Holdings, L.P., a Delaware limited partnership, and certain stockholders affiliated with CD&R that transferred all of their Partnership…” |
Quoted from the company's 10-K filed Mar 24, 2026.
Companies that name CNM in their SEC reports
| Relationship to CNM | Company | Filing | Sentence |
|---|---|---|---|
| supplier | ADVANCED DRAINAGE SYSTEMS, INC. (WMS) | 10-K May 21, 2026 | “Concentrations of Risk - The Company has a large, active customer base of approximately 16,000 customers with two customers, Ferguson and Core & Main, each representing more than 10% of annual net sales.” |
CNM analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Oct 2026) | $0.94 | $0.93 | +1.3% | $2.13B | 9 |
| Next quarter (ends Jan 2027) | $0.55 | $0.51 | +7.2% | $1.65B | 9 |
| Current fiscal year (ends Jan 2027) | $3.16 | $2.96 | +6.8% | $7.84B | 9 |
| Next fiscal year (ends Jan 2028) | $3.50 | $3.29 | +6.4% | $8.15B | 8 |
Key Statistics (as of October 23, 2026 at 10:01 UTC)
| Price | USD 42.33 |
|---|---|
| Change | ▲ 2.17% (up) |
| Previous Close | USD 41.43 |
| Open | USD 41.15 |
| Day Range | USD 40.41 – 42.56 |
| 52-Week Range | USD 39.42 – 59.66 |
| Volume | 2,240,194 shares |
| Market Cap | $7.81B |
| Exchange | NYQ |
Technical Analysis (CNM)
Nexqual's technical model rates CNM "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 10:01 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 51.9 (neutral) |
| vs SMA50 | Below (USD 42.6) |
| MACD | -0.23 (negative) |
Earnings (CNM)
| Next Earnings Date | 2026-12-08 |
|---|---|
| EPS Estimate | USD 0.94 |
| Revenue Estimate | $2.13B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-07-31 | USD 0.94 vs est 0.89 ▲ beat |
| 2026-04-30 | USD 0.56 vs est 0.64 ▼ miss |
| 2026-01-31 | USD 0.37 vs est 0.4 ▼ miss |
| 2025-10-31 | USD 0.72 vs est 0.71 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Financials & Fundamentals (CNM)
| Total Revenue | $7.70B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +2.50% |
| Gross Margin | +27.05% |
| Operating Margin | +10.58% |
| Profit Margin | +5.96% |
| ROE | +23.56% |
| Debt / Equity | 1.31 |
| Current Ratio | 2.47 |
| Total Cash | $312.00M |
| Total Debt | $2.75B |
| Free Cash Flow (last four quarters to Aug 2026, SEC 10-Q / 10-K) | $628.00M (8.2% of revenue) |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Financial Health Score (CNM)
Nexqual rates Core & Main, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 10:01 UTC.
| Growth | Mixed — Revenue +2.8% YoY (annual), slow |
|---|---|
| Profitability | Solid — Gross margin 27%, operating 11% (last 12 months) |
| Balance Sheet | Mixed — $312M cash and investments vs $2.45B debt (Aug 2026, SEC) |
| Cash Flow | Solid — FCF $628M (last 4 quarters to Aug 2026, SEC), 8% margin |
| Efficiency | Strong — ROE 24%, ROA 7.1% |
Ownership (CNM)
| Insider Ownership | +0.48% |
|---|---|
| Institutional Ownership | +113.06% |
| Shares Outstanding | 184.44M |
| Float | 183.78M |
| Short % of Float | +6.78% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Leadership (CNM)
Core & Main, Inc. is led by Mark R. Witkowski, CEO & Director, per Nexqual as of October 23, 2026 at 10:01 UTC.
| CEO & Director | Mark R. Witkowski |
|---|---|
| President | Bradford A. Cowles |
| President | Michael G. Huebert |
| Chief Financial Officer | Robyn L. Bradbury |
| Vice President of Investor Relations | Landon Althoff |
Major Backers & Investors (CNM)
Notable institutional backers of Core & Main, Inc. include Capital Group, FMR, LLC, First Trust Advisors LP, according to Nexqual as of October 23, 2026 at 10:01 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Capital Group | 6.23% |
| FMR, LLC | 4.86% |
| First Trust Advisors LP | 3.39% |
| Morgan Stanley | 3.28% |
| Select Equity Group LP | 3.17% |
| Royal London Asset Management Ltd | 2.98% |
| First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc | 2.97% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 9.97% |
| Vanguard Group | 9.1% |
| State Street | 3.21% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
From Core & Main, Inc.'s Latest SEC 10-K Filing (filed 2026-03-24)
Key Strengths & Strategy (as disclosed to the SEC)
- Our technical knowledge and experience are complemented by our proprietary technology tools, which enable us to work closely and efficiently with our customers in material management, timely inventory purchasing, quoting and coordinated jobsite delivery.
- An end-to-end review of our pricing strategies identified key margin enhancement opportunities, including continued optimization of system-wide pricing through technology enhancements, and data-driven customer and product analysis that enable us to identify price optimization opportunities and mitigate potential margin impacts from changes in product costs.
- Each branch sells approximately 4,500 products on average, with many of them on hand as inventory and the rest available for delivery.
- As of February 1, 2026, we had a network of over 370 branch locations across the United States ("U.S.") and Canada, which serve as a critical link between more than 5,000 suppliers and a diverse and long-standing base of over 60,000 customers.
Partnerships
- We believe this approach allows us to scale these product lines efficiently and pursue incremental growth opportunities with modest capital investment and low working capital requirements.
- Our integration philosophy centers on collaborative partnership with acquired company leadership, ensuring a thoughtful associate transition into our systems and processes, while safeguarding the local expertise, customer relationships and cultural strengths that underpin long‑term success.
Legal & Regulatory Risks (Item 1A, quoted)
- We could incur significant costs in complying with environmental, health and safety laws or permitting regimes or as a result of satisfying any liability or obligation imposed under such laws or permitting regimes.
- We are subject to regulation and regulatory change, and our costs of doing business could increase as a result of changes in federal, state or local regulations.
- Our Certificate of Incorporation designates the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain litigation that may be initiated by our shareholders, which could limit our shareholders' ability to obtain a favorable judicial forum for disputes with us or our directors, officers or shareholders.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| POOL | Pool Corporation | USD 197.21 | ▲ 14.36% |
| QXO | QXO, Inc. | USD 11.02 | ▲ 6.89% |
| XMTR | Xometry, Inc. | USD 89.16 | ▲ 0.25% |
| AIT | Applied Industrial Technologies | USD 319.4 | ▼ 5.75% |
| WSO | Watsco, Inc. | USD 327.04 | ▲ 7.22% |
| SITE | SiteOne Landscape Supply, Inc. | USD 103.17 | ▲ 5.87% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:01 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt