Core & Main, Inc. (CNM) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 82M | 268M | 271M | 34M | 77M | 235M | 260M | 48M | 78M | 294M | 373M | 282M | 120M | 307M | 154M | -23M | -37M | 35.2M | 32.9M | -56.6M |
| Operating CF Margin % | 4.29% | 16.95% | 13.14% | 1.62% | 4.03% | 13.84% | 12.76% | 2.44% | 4.48% | 20.42% | 20.42% | 15.15% | 7.62% | 22.34% | 8.47% | -1.24% | -2.32% | 2.83% | 2.34% | -4.36% |
| Operating CF Growth % | 6.49% | 14.04% | 4.23% | -29.17% | -1.28% | -20.07% | -30.29% | -82.98% | -35% | -4.23% | 142.21% | 1326.09% | 424.32% | 772.16% | 368.09% | 59.36% | 12.94% | -41.14% | - | - |
| Net Income | 113M | 66M | 150M | 134M | 105M | 67M | 153M | 119M | 95M | 63M | 158M | 164M | 133M | 84M | 178M | 115M | 137M | 78.8M | 109.3M | 4.1M |
| Depreciation & Amortization | 47M | 48M | 48M | 48M | 48M | 50M | 49M | 47M | 46M | 38M | 39M | 38M | 37M | 38M | 37M | 37M | 36M | 37.7M | 37.1M | 37.5M |
| Stock-Based Compensation | 3M | 3M | 4M | 5M | 5M | 3M | 4M | 4M | 3M | 2M | 3M | 3M | 2M | 2M | 2M | 4M | 3M | 2.8M | 2.7M | 18.5M |
| Deferred Taxes | 6M | 8M | 13M | 4M | 3M | 4M | 4M | 3M | 2M | 105M | 0 | 155M | -123M | 0 | 0 | 0 | 0 | 900K | 800K | 50M |
| Other Non-Cash Items | -98M | -3M | -4M | 10M | 4M | -2M | -10M | 14M | 8M | -94M | 6M | -150M | 123M | 10M | -5M | 64M | -2M | -8.6M | -3.8M | -700K |
| Working Capital Changes | 11M | 146M | 60M | -167M | -88M | 113M | 60M | -139M | -76M | 180M | 167M | 72M | -52M | 173M | -58M | -243M | -211M | -76.4M | -113.2M | -166M |
| Change in Receivables | -213M | 303M | 23M | -43M | -257M | 314M | -53M | -93M | -170M | 257M | 17M | -118M | -135M | 322M | 3M | -149M | -227M | 61.8M | -97.3M | -117.3M |
| Change in Inventory | -119M | 36M | 46M | 11M | -163M | 41M | 28M | -1M | -104M | 72M | 71M | 150M | 35M | 106M | 43M | -91M | -207M | -135.3M | -96M | -84.1M |
| Change in Payables | 301M | -228M | -27M | -165M | 361M | -221M | 32M | -41M | 244M | -146M | 44M | 15M | 98M | -224M | -133M | -34M | 251M | -4.9M | 40.2M | 32.4M |
| Cash from Investing | -21M | -74M | -43M | -12M | -16M | -31M | -139M | -44M | -574M | -88M | -18M | -90M | -74M | -19M | -77M | -45M | -11M | -14.4M | -176M | -9M |
| Capital Expenditures | -14M | -15M | -8M | -10M | -13M | -11M | -8M | -9M | -7M | -5M | -19M | -5M | -10M | -5M | -5M | -9M | -6M | -8M | -3.9M | -4.1M |
| CapEx % of Revenue | 0.73% | 0.95% | 0.39% | 0.48% | 0.68% | 0.65% | 0.39% | 0.46% | 0.4% | 0.35% | 1.04% | 0.27% | 0.64% | 0.36% | 0.27% | 0.48% | 0.38% | 0.64% | 0.28% | 0.32% |
| Acquisitions | 0 | -29M | -32M | 0 | 0 | -19M | -126M | -32M | -564M | -80M | 1M | -87M | -64M | -14M | -72M | -36M | -6M | -6.8M | -172.2M | 300K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -7M | -30M | -3M | -2M | -3M | -1M | -5M | -3M | -3M | -3M | 0 | 2M | 0 | 0 | 0 | 0 | 1M | 200K | 100K | -5.2M |
| Cash from Financing | -131M | -63M | -164M | -5M | -61M | -206M | -124M | -21M | 525M | -306M | -274M | -173M | -222M | -111M | -77M | 67M | 48M | -24.8M | 81.1M | -188M |
| Debt Issued (Net) | -6M | -6M | -106M | -6M | 1M | -147M | -21M | 2M | 555M | 426M | -118M | -19M | 126M | -94M | -55M | 81M | 53M | -4.6M | -4M | -826M |
| Equity Issued (Net) | -88M | -58M | -50M | 39M | -39M | -55M | -100M | -21M | 0 | -726M | -147M | -141M | -332M | 1M | 0 | 0 | 0 | 600K | 96.8M | 658.3M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.5M | -8.4M |
| Share Repurchases | -88M | -58M | -50M | 39M | -39M | -55M | -100M | -21M | 0 | -726M | -145M | -141M | -332M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -37M | 1M | -8M | -38M | -23M | -4M | -3M | -2M | -30M | -6M | -9M | -13M | -16M | -18M | -22M | -14M | -5M | -20.8M | -31.2M | -11.9M |
| Net Change in Cash | -70M | 131M | 64M | 17M | 0 | -2M | -3M | -17M | 29M | -100M | 81M | 19M | -176M | 177M | 0 | -1M | 0 | -3.9M | -61.7M | -253.6M |
| Free Cash Flow | 68M | 253M | 263M | 24M | 64M | 224M | 252M | 39M | 71M | 289M | 354M | 277M | 110M | 302M | 149M | -32M | -43M | 27.2M | 29M | -60.7M |
| FCF Margin % | 3.56% | 16% | 12.75% | 1.15% | 3.35% | 13.19% | 12.37% | 1.99% | 4.08% | 20.07% | 19.38% | 14.88% | 6.99% | 21.98% | 8.2% | -1.72% | -2.69% | 2.18% | 2.06% | -4.68% |
| FCF Growth % | 6.25% | 12.95% | 4.37% | -38.46% | -9.86% | -22.49% | -28.81% | -85.92% | -35.45% | -4.3% | 137.58% | 965.63% | 355.81% | 1010.29% | 413.79% | 47.28% | 7.53% | -51.52% | - | - |
| FCF per Share | 0.35 | 1.28 | 1.33 | 0.12 | 0.32 | 1.12 | 1.25 | 0.19 | 0.35 | 1.35 | 1.58 | 1.21 | 0.45 | 1.23 | 0.61 | -0.13 | -0.17 | 0.11 | 0.12 | -0.25 |
| FCF Conversion (FCF/Net Income) | 0.76x | 3.83x | 1.98x | 0.25x | 0.77x | 3.67x | 1.95x | 0.40x | 0.82x | 4.67x | 3.33x | 2.56x | 1.40x | 5.69x | 1.39x | -0.20x | -0.43x | 0.74x | 0.51x | -2.10x |
| Interest Paid | 0 | 0 | 60M | 35M | 14M | 56M | 46M | 61M | 34M | 16M | 30M | 31M | 28M | 27M | 20M | 15M | 12M | 0 | 12M | 52M |
| Taxes Paid | 0 | 0 | 3M | 40M | 29M | -107M | 23M | 37M | 47M | 34M | 21M | 34M | 27M | 40M | 45M | 34M | 28M | 0 | 14M | 8M |