Stocks · Industrials · Industrial - Distribution
Core & Main, Inc. CNM
$41.35 -0.07% Close, Oct 2, 2026 · NYSE · Market cap $7.74B
Weak trendInexpensive vs sector
Next earnings report: Dec 8, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 17.1× trailing earnings, lower than 86% of the company's own readings over the past five years.
- Earnings beat analyst estimates in each of the last 5 quarters (average surprise over the last four: +6.8%).
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 19%
- EPS growth (TTM, YoY)Bottom 47%
- FCF growth (TTM, YoY)Top 48%
- Revenue growth, 3-year CAGRTop 50%
- Revenue growth accelerationBottom 23%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 25%
- Gross marginBottom 46%
- Operating marginTop 41%
- Cash conversion (OCF / net income)Bottom 49%
- Accruals (lower is better)Bottom 43%
- Net debt / EBITDA (lower is better)Bottom 41%
- Interest coverTop 37%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 12%
- Free-cash-flow yieldTop 15%
- EBITDA / enterprise valueTop 20%
- Sales / enterprise valueTop 32%
- P/E vs own 5-year history (lower is better)Top 18%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 24%
- 6-month returnBottom 21%
- 1-year return vs S&P 500Bottom 24%
- Distance from 52-week highBottom 39%
- Trend checklist (0–4)Bottom 15%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 45%
- Consecutive EPS beatsTop 24%
- Share of analysts rating BuyBottom 48%
- Upside to consensus price targetTop 49%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 19%
- Maximum drawdown, 3 yearsTop 31%
- Beta vs S&P 500 (lower is better)Top 37%
- Net debt / EBITDA (lower is better)Bottom 41%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 0.5% | -0.5% | ↓ |
| EPS growth (YoY) | 9.8% | 7.6% | ↓ |
| Gross margin | 26.7% | 27.0% | ↑ |
| Operating margin | 9.4% | 9.6% | ↑ |
| FCF margin | 7.3% | 8.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -0.5% | 0.5% | ↓ | Bottom 19% |
| EPS growth (TTM, YoY) | 7.6% | 9.8% | ↓ | Bottom 47% |
| Gross margin | 27.0% | 26.7% | ↑ | Bottom 46% |
| Operating margin | 9.6% | 9.4% | ↑ | Top 41% |
| Net margin | 6.0% | 5.6% | ↑ | — |
| Free-cash-flow margin | 8.2% | 7.3% | ↑ | — |
| Return on invested capital | 10.1% | — | Top 25% | |
| Revenue growth, 3-year CAGR | 4.8% | — | Top 50% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.49×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +6.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.55×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 5.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 4.72%
- Shareholder yield
- 4.72%
- Share count change, 1 year
- -2.5%
- Share count change, 3-year CAGR
- -5.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Aug 2, 2026 (filed Sep 9, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 5
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +6.8%
- Average 2-day reaction, last 8
- -2.2%
- Positive 20 days after report
- 5 of 7
Analysts
- Consensus price target
- $54.80
- Target vs current price
- +32.5%
- Analysts with a rating
- 14
- Share rating Buy or Strong Buy
- 57%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 9, 2026 | +3.4% | -5.6% | -6.8% | — | — |
| Jun 10, 2026 | +6.7% | -6.1% | -9.3% | -14.1% | -16.5% |
| Mar 24, 2026 | +14.2% | +4.5% | -1.4% | +2.7% | -4.1% |
| Dec 9, 2025 | +2.9% | +2.1% | +9.7% | +5.4% | -1.4% |
| Sep 9, 2025 | +12.1% | -25.4% | -25.3% | -22.5% | -26.4% |
| Jun 10, 2025 | -0.6% | -2.1% | -5.6% | +4.9% | +11.0% |
| Mar 25, 2025 | -9.2% | -0.2% | -2.7% | +0.1% | +13.1% |
| Dec 3, 2024 | +5.3% | +15.5% | +11.5% | +5.4% | +2.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 9, 2026 | $0.94 | $0.91 | +3.4% | $2.15B |
| Jun 10, 2026 | $0.57 | $0.53 | +6.7% | $1.91B |
| Mar 24, 2026 | $0.38 | $0.33 | +14.2% | $1.58B |
| Dec 9, 2025 | $0.72 | $0.70 | +2.9% | $2.06B |
| Sep 9, 2025 | $0.87 | $0.78 | +12.1% | $2.09B |
| Jun 10, 2025 | $0.52 | $0.52 | -0.6% | $1.91B |
| Mar 25, 2025 | $0.33 | $0.36 | -9.2% | $1.70B |
| Dec 3, 2024 | $0.69 | $0.66 | +5.3% | $2.04B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 17.1× | 22.6× | 14th | Top 12% |
| P/E (forward) | 13.3× | — | — | — |
| EV / EBITDA | 10.7× | — | — | Top 20% |
| EV / Sales | 1.32× | — | — | Top 32% |
| Free-cash-flow yield | 8.11% | — | — | Top 15% |
| Earnings yield | 5.85% | — | — | Top 12% |
P/E over the past five years
Range 10.4× – 84.8× since Aug 1, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -21.4%
- Earnings per share growth (TTM)
- +7.6%
- Change in P/E multiple
- -22.2%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.1%
- 200-day average slope (20 days)
- -1.4%
- Distance from 50-day average
- -5.3%
- Distance from 200-day average
- -16.0%
- RSI (14)
- 40.4
- Relative volume
- 0.48×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 28.8%
- Volatility vs own 5-year history
- 17th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.92
- Correlation with S&P 500
- 0.37
- Current drawdown from 1-year high
- -30.0%
- Maximum drawdown, 3 years
- -39.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 29, 2021 | Dec 28, 2022 | -40.0% | 251 days | 133 days (Jul 12, 2023) |
| Sep 5, 2025 | Sep 11, 2026 | -39.4% | 255 days | Not yet recovered |
| May 15, 2024 | Sep 5, 2024 | -38.7% | 77 days | 206 days (Jul 3, 2025) |
| Sep 2, 2021 | Oct 19, 2021 | -19.3% | 32 days | 19 days (Nov 15, 2021) |
| Nov 15, 2021 | Dec 20, 2021 | -16.2% | 24 days | 6 days (Dec 29, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $7.74B
- P/E (TTM)
- 17.1
- EPS, diluted (TTM)
- $2.42
- Revenue (TTM)
- $7.70B
- 52-week range
- $40.03 – $59.66
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $5.00B | $6.65B | $6.70B | $7.44B | $7.65B |
| Gross profit | $1.28B | $1.79B | $1.82B | $1.98B | $2.06B |
| Operating income | $425.0M | $775.0M | $740.0M | $719.0M | $728.0M |
| Net income | $166.0M | $366.0M | $371.0M | $411.0M | $441.0M |
| EPS (diluted) | $0.55 | $2.13 | $2.15 | $2.13 | $2.31 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.04B | $1.70B | $1.91B | $2.09B | $2.06B | $1.58B | $1.91B | $2.15B |
| Net income | $133.0M | $64.0M | $100.0M | $134.0M | $137.0M | $70.0M | $108.0M | $144.0M |
| EPS (diluted) | $0.69 | $0.34 | $0.52 | $0.70 | $0.72 | $0.36 | $0.57 | $0.77 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$31.0M | $401.0M | $1.07B | $621.0M | $650.0M |
| Capital expenditure | -$20.0M | -$25.0M | -$39.0M | -$35.0M | -$46.0M |
| Free cash flow | -$51.0M | $376.0M | $1.03B | $586.0M | $604.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $664.0M | $1.0M | -$1.34B | -$176.0M | -$155.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $312.0M
- Total assets
- $6.71B
- Total liabilities
- $4.61B
- Total debt
- $2.75B
- Net debt
- $2.44B
- Shareholders’ equity
- $2.03B
As of Aug 2, 2026 (filed Sep 9, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jun 3, 2005 | $0.01 | Jun 14, 2005 |
| May 4, 2005 | $0.08 | May 20, 2005 |
| Apr 5, 2005 | $0.08 | Apr 22, 2005 |
| Mar 3, 2005 | $0.08 | Mar 18, 2005 |
| Feb 3, 2005 | $0.08 | Feb 18, 2005 |
| Jan 5, 2005 | $0.08 | Jan 21, 2005 |
| Dec 3, 2004 | $0.02 | Dec 23, 2004 |
| Oct 5, 2004 | $0.08 | Oct 22, 2004 |
Short interest
- Shares sold short
- 10,170,572
- Days to cover
- 3.09
- Change vs previous report
- -9.6%
FINRA short interest, settlement date Sep 15, 2026.