Core & Main, Inc. (CNM) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 1.91B | 1.58B | 2.06B | 2.09B | 1.91B | 1.7B | 2.04B | 1.96B | 1.74B | 1.44B | 1.83B | 1.86B | 1.57B | 1.37B | 1.82B | 1.86B | 1.6B | 1.25B | 1.4B | 1.3B |
| Revenue Growth % | -0.05% | -6.89% | 1.18% | 6.57% | 9.76% | 17.92% | 11.55% | 5.53% | 10.61% | 4.8% | 0.5% | 0% | -1.5% | 10.27% | 29.41% | 43.37% | 51.45% | 49.85% | - | - |
| Cost of Goods Sold | 1.39B | 1.15B | 1.5B | 1.53B | 1.4B | 1.25B | 1.5B | 1.45B | 1.27B | 1.06B | 1.33B | 1.36B | 1.14B | 1B | 1.32B | 1.36B | 1.18B | 919M | 1.03B | 973M |
| COGS % of Revenue | 72.77% | 72.93% | 72.79% | 73.24% | 73.31% | 73.44% | 73.36% | 73.63% | 73.12% | 73.33% | 72.96% | 73.08% | 72.11% | 72.85% | 72.5% | 73.08% | 73.65% | 73.76% | 73.62% | 74.96% |
| Gross Profit | 520M | 428M | 561M | 560M | 510M | 451M | 543M | 518M | 468M | 384M | 494M | 501M | 439M | 373M | 500M | 501M | 421M | 327M | 370.6M | 325M |
| Gross Margin % | 27.23% | 27.07% | 27.21% | 26.76% | 26.69% | 26.56% | 26.64% | 26.37% | 26.88% | 26.67% | 27.04% | 26.92% | 27.89% | 27.15% | 27.5% | 26.92% | 26.35% | 26.24% | 26.38% | 25.04% |
| Gross Profit Growth % | 1.96% | -5.1% | 3.31% | 8.11% | 8.97% | 17.45% | 9.92% | 3.39% | 6.61% | 2.95% | -1.2% | 0% | 4.28% | 14.07% | 34.92% | 54.15% | 63.94% | 60.45% | - | - |
| Operating Expenses | 343M | 310M | 341M | 347M | 339M | 327M | 320M | 314M | 300M | 268M | 277M | 275M | 258M | 249M | 266M | 264M | 241M | 218M | 223.1M | 225M |
| OpEx % of Revenue | 17.96% | 19.61% | 16.54% | 16.58% | 17.74% | 19.26% | 15.7% | 15.99% | 17.23% | 18.61% | 15.16% | 14.78% | 16.39% | 18.12% | 14.63% | 14.19% | 15.08% | 17.5% | 15.88% | 17.33% |
| Selling, General & Admin | 299M | 264M | 295M | 302M | 293M | 279M | 274M | 268M | 257M | 230M | 240M | 238M | 223M | 211M | 231M | 230M | 206M | 183M | 187.9M | 192M |
| SG&A % of Revenue | 15.65% | 16.7% | 14.31% | 14.43% | 15.33% | 16.43% | 13.44% | 13.65% | 14.76% | 15.97% | 13.14% | 12.79% | 14.17% | 15.36% | 12.71% | 12.36% | 12.89% | 14.69% | 13.38% | 14.79% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 177M | 118M | 220M | 213M | 171M | 124M | 223M | 204M | 168M | 116M | 217M | 226M | 181M | 124M | 234M | 237M | 180M | 108.6M | 147M | 100M |
| Operating Margin % | 9.27% | 7.46% | 10.67% | 10.18% | 8.95% | 7.3% | 10.94% | 10.39% | 9.65% | 8.06% | 11.88% | 12.14% | 11.5% | 9.02% | 12.87% | 12.74% | 11.26% | 8.72% | 10.46% | 7.7% |
| Operating Income Growth % | 3.51% | -4.84% | -1.35% | 4.41% | 1.79% | 6.9% | 2.77% | -9.73% | -7.18% | -6.45% | -7.27% | -4.64% | 0.56% | 14.18% | 59.18% | 137% | 160.87% | 238.32% | - | - |
| EBITDA | 224M | 164M | 268M | 261M | 219M | 174M | 272M | 253M | 214M | 156M | 255M | 264M | 218M | 162M | 271M | 274M | 216M | 146.3M | 184M | 137M |
| EBITDA Margin % | 11.73% | 10.37% | 13% | 12.47% | 11.46% | 10.25% | 13.35% | 12.88% | 12.29% | 10.83% | 13.96% | 14.19% | 13.85% | 11.79% | 14.91% | 14.72% | 13.52% | 11.74% | 13.1% | 10.55% |
| EBITDA Growth % | 2.28% | -5.75% | -1.47% | 3.16% | 2.34% | 11.54% | 6.67% | -4.17% | -1.83% | -3.7% | -5.9% | -3.65% | 0.93% | 10.73% | 47.28% | 100% | 101.87% | 106.64% | - | - |
| D&A (Non-Cash Add-back) | 47M | 46M | 48M | 48M | 48M | 50M | 49M | 49M | 46M | 40M | 38M | 38M | 37M | 38M | 37M | 37M | 36M | 37.7M | 37M | 37M |
| EBIT | 204M | 118M | 220M | 213M | 171M | 124M | 223M | 204M | 168M | 116M | 206M | 226M | 181M | 124M | 234M | 237M | 180M | 108.3M | 146M | 50M |
| Net Interest Income | -27M | -34M | -30M | -31M | -30M | -36M | -36M | -36M | -34M | -22M | -20M | -22M | -17M | -20M | -16M | -17M | -13M | -12.7M | -12M | -37M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 27M | 34M | 30M | 31M | 30M | 36M | 36M | 36M | 34M | 22M | 20M | 22M | 17M | 20M | 16M | 17M | 13M | 12.7M | 12M | 37M |
| Other Income/Expense | -27M | -24M | -30M | -31M | -30M | -36M | -36M | -36M | -34M | -22M | -20M | -22M | -17M | -20M | -16M | -17M | -13M | -13M | -13M | -87M |
| Pretax Income | 150M | 94M | 190M | 182M | 141M | 88M | 187M | 168M | 134M | 94M | 197M | 204M | 164M | 104M | 218M | 220M | 167M | 95.6M | 134M | 13M |
| Pretax Margin % | 7.85% | 5.95% | 9.21% | 8.7% | 7.38% | 5.18% | 9.18% | 8.55% | 7.7% | 6.53% | 10.78% | 10.96% | 10.42% | 7.57% | 11.99% | 11.82% | 10.45% | 7.67% | 9.54% | 1% |
| Income Tax | 37M | 21M | 47M | 41M | 36M | 21M | 47M | 42M | 33M | 18M | 39M | 40M | 31M | 20M | 40M | 38M | 30M | 16.8M | 25M | 3M |
| Effective Tax Rate % | 24.67% | 22.34% | 24.74% | 22.53% | 25.53% | 23.86% | 25.13% | 25% | 24.63% | 19.15% | 19.8% | 19.61% | 18.9% | 19.23% | 18.35% | 17.27% | 17.96% | 17.57% | 18.66% | 23.08% |
| Net Income | 108M | 70M | 137M | 134M | 100M | 64M | 133M | 119M | 95M | 63M | 112M | 110M | 86M | 54M | 111M | 115M | 86M | 47.7M | 64M | 27M |
| Net Margin % | 5.65% | 4.43% | 6.64% | 6.4% | 5.23% | 3.77% | 6.53% | 6.06% | 5.46% | 4.38% | 6.13% | 5.91% | 5.46% | 3.93% | 6.11% | 6.18% | 5.38% | 3.83% | 4.56% | 2.08% |
| Net Income Growth % | 8% | 9.38% | 3.01% | 12.61% | 5.26% | 1.59% | 18.75% | 8.18% | 10.47% | 16.67% | 0.9% | -4.35% | 0% | 13.21% | 73.44% | 325.93% | 218.52% | 2171.43% | - | - |
| Net Income (Continuing) | 113M | 73M | 143M | 141M | 105M | 67M | 140M | 126M | 101M | 76M | 158M | 164M | 133M | 84M | 178M | 182M | 137M | 78.8M | 109M | 10M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 74M | 77M | 78M | 76M | 77M | 76M | 79M | 76M | 74M | 73M | 446M | 518M | 564M | 663M | 648M | 615M | 570M | 506M | 535.4M | 476.1M |
| EPS (Diluted) | 0.57 | 0.36 | 0.72 | 0.70 | 0.52 | 0.34 | 0.69 | 0.59 | 0.49 | 0.33 | 0.65 | 0.48 | 0.50 | -0.34 | 0.65 | 0.67 | 0.50 | 0.19 | 0.39 | 0.11 |
| EPS Growth % | 9.62% | 5.88% | 4.35% | 18.64% | 6.12% | 3.03% | 6.15% | 22.92% | -2% | 197.06% | 0% | -28.36% | 0% | -278.95% | 66.67% | 509.09% | 354.55% | - | - | - |
| EPS (Basic) | 0.57 | 0.38 | 0.72 | 0.71 | 0.55 | 0.35 | 0.71 | 0.62 | 0.52 | 0.39 | 0.85 | 0.66 | 0.71 | -0.48 | 0.94 | 0.98 | 0.74 | 0.29 | 0.60 | 0.19 |
| Diluted Shares Outstanding | 195.68M | 197.91M | 197.91M | 198.3M | 198.7M | 199.47M | 201.17M | 202.67M | 202.62M | 213.85M | 224.69M | 228.98M | 243.72M | 246.28M | 246.26M | 246.18M | 246.15M | 245.78M | 244.58M | 242.73M |
| Basic Shares Outstanding | 188.38M | 190.21M | 190.21M | 191.17M | 189.8M | 190.06M | 193.88M | 192.8M | 192.19M | 181.33M | 171M | 167.31M | 171.6M | 172.48M | 170.03M | 167.88M | 167.7M | 161.77M | 158.99M | 138.98M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.47% | 31.11% |