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CNM

Core & Main, Inc.

CNM

NYSE·Industrials·Industrial - Distribution·Mkt cap $8.5B

$44.96

-0.99%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$43.96 - $67.18

P/E

24.84

Fwd P/E

17.70

Beta

0.91

Div Yield

0.00%

Avg Vol

2.6M

Shares Out

188.1M

Mkt Cap

$8.5B

Price action

Price chart

Down 26.6% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Extensive distribution network with established relationships with municipalities and contractors
  • Comprehensive product portfolio spanning multiple critical infrastructure categories
  • 150-year operational history and brand recognition in the water infrastructure space
  • Integrated services including fabrication and installation creating customer stickiness

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Aging water infrastructure requiring replacement and upgrades across the United States

Value

Undervalued - trading well below Industrial Distribution peers

Momentum

Weak

-10.9% over 3m

Quality

Stable

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Sep 8, 2026

Q2 26 RECAP

JUN 10, 2026

Reported EPS of $0.57 vs $0.53 consensus (+6.7% surprise). Revenue of $1.9B vs $1.9B expected (+0.8%). Beat on both top and bottom lines.

EPS beat +6.7%
Rev beat +0.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+6.7%

Next: Sep 8, 2026

Revenue trend · last 8Q

+10%

+7%

+1%

-7%

-0%

Q2 24

Q3 24

Q4 25

Q1 25

Q2 25

Q3 25

Q4 26

Q1 26

$2.0B

$2.0B

$1.7B

$1.9B

$2.1B

$2.1B

$1.6B

$1.9B

Margins · last 8Q

Gross

Operating

Profit

5.7%

Wall Street consensus

3 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

67%

Hold

1

33%

Sell

0%

Median Price Target

Latest: Goldman Sachs · Jun 11, 2026

vs Industry

How CNM stacks vs Industrial - Distribution

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.