Company Analysis

Core & Main, Inc. (CNM)

NYSE: CNM · Wholesale-Durable Goods, NEC · St. Louis, MO · filing with the SEC since 2021
Grade6.5
◀ Past 8.4● Present 6.2▶ Future 5.3

The grade of Core & Main, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.5/10
◀ Past8.425% of the headline
● Present6.245% of the headline
▶ Future5.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

8.4/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.8/10

Has it survived what it has been through?

No warning events in its filings since 2021.

weight 45% of this tense · 78th percentile among 51 sector filers · read for itself

From the record

Core & Main, Inc.'s filings since 2021 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.8/10

What has it actually done, year after year?

+14.5% a year over 7 filed years; profitable in 7 of 7.

weight 33% of this tense · 88th percentile among 50 sector filers · read for its customers

From the record

Core & Main, Inc.'s 7 filed years say what it did: revenue went from $3.4 billion in fiscal 2020 to $7.6 billion in fiscal 2026, up 14.5% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 7 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span14.5%top 15% of its family
  • the share of years revenue rosetop 8% of its family
  • the share of filed years with a profittop 19% of its family
  • the deepest fall from a revenue peak0.0%top 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
9.1/10

How has it treated the people who own it?

Share count shrank 7.0% a year. 72% of cash flow returned. Insiders: 2 sales, 2 purchases.

weight 22% of this tense · 91st percentile among 43 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-02-01, Core & Main, Inc.'s diluted share count shrank about 7.0% a year, and dividends and buybacks returned about 72% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales (2 under scheduled 10b5-1 plans) and 2 purchases of their own stock on the open market in the year to 2026-10-20, buying about $195 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 3% of its family
  • cash returned against operating cash flowtop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.2/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
6.1/10

Is it financially healthy right now?

ROE 22%: 22¢ of profit per shareholder dollar. Leverage 67%: owes 67¢ per asset dollar.

weight 33% of this tense · 61st percentile among 50 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-02-01, Core & Main, Inc. earned about 22 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 34 cents per dollar of everything the company owns. Leverage: it owed about 67 cents per dollar of assets, and net share issuance: its share count shrank 1.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 34% of its family
  • return on equitytop 20% of its family
  • gross profit against assetstop 41% of its family
  • the share count against the year beforetop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.2/10

How strong is its position in its industry?

top 28% of 51 in its family; net margin 5.8%.

weight 45% of this tense · 72nd percentile among 51 sector filers · read for its customers

From the record

Core & Main, Inc.'s standing among 51 graded names in its industry family: revenue of $7.6 billion in fiscal 2026 ranks in the top 23% by size; a net margin of 5.8% ranks in the top 28%; revenue growth of 4.7% a year over the last 3 filed years ranks in the top 32% (its annual reports).

What it rests on

  • revenue against the family$7.65Btop 23% of its family
  • net margin5.8%top 28% of its family
  • three-year revenue growth4.7%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.3/10

What are the people in charge doing?

bottom 43% of 35 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 43rd percentile among 35 sector filers · read for its shareholders

From the record

Core & Main, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Witkowski, Mark R (Chief Executive Officer, as filed), filing under that title since 2025-04-02, 1.6 years (bottom 31% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (bottom 33%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (top 34%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 19 peopletop 34% of its family
  • the median years the people in charge have filed5.3 yearsbottom 33% of its family
  • the chief executive's years on the record1.6 yearsbottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.9/10

How much room does it have to grow?

bottom 49% of 49 in its family for room to expand.

weight 33% of this tense · 49th percentile among 49 sector filers · read for itself

From the record

Core & Main, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $220 million against debt of $2.1 billion leaves -31.3% of its assets as net cash, bottom 9% of its family; cash from operations less capital spending is 7.9% of revenue (top 15%); a gross margin of 26.9% (top 48%) (its annual report).

What it rests on

  • cash less debt against assets-31.3%bottom 9% of its family
  • cash from operations less capital spending against revenue7.9%top 15% of its family
  • gross margin26.9%top 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.9/10

What could actually drive growth from here?

bottom 49% of 50 in its family for growth drivers.

weight 33% of this tense · 49th percentile among 50 sector filers · read for its customers

From the record

Core & Main, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 4.7% a year over the last three filed years against 14.5% over all 7, slowing (bottom 31% of its family); the newest year grew 2.8% (bottom 39%); capital spending grew 22.5% a year (top 23%) (its annual reports). Core & Main, Inc. reported 4 product lines in fiscal 2026: Pipes Valves and Fitting Products at $5.1 billion (67%), Storm Drainage Products at $1.2 billion (16%), Meter Products at $716 million (9%), and 1 more; 4 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-9.8 points a yearbottom 31% of its family
  • the newest year's revenue growth2.8%bottom 39% of its family
  • three-year growth of capital spending22.5%top 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.0/10

Did its newest year beat what its own record pointed to?

top 40% of 44 in its family for expectations against reality.

weight 33% of this tense · 60th percentile among 44 sector filers · read for its shareholders

From the record

Core & Main, Inc.'s newest year against its own record: revenue of $7.6 billion in fiscal 2026 came in 2.8% below the $7.9 billion its prior three years' pace pointed to (bottom 26% of its family); net income of $441 million against a prior three-year average of $383 million (top 22%); a net margin of 5.8% against 5.5% before (top 24%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-2.8%bottom 26% of its family
  • net income against the prior three years' average+15%top 22% of its family
  • net margin against its prior average+0.2 pointstop 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CNM · research, not advice