Skip to content

Core & Main CNM Smart utility products — Net Sales

Other product segments

Pipes, valves & fittings products
$1.27B-1.8%
Storm drainage products
$278M-5.8%
Fire protection products
$178M+17.1%

Similar metrics at other companies

Xylem logo
XYLSmart Metering & Other — Revenue from contracts with customers
$431.5M+13.6%
Xylem logo
XYLSmart Metering and Other — Revenue from contracts with customers
$417M+3.2%
Hubbell logo
HUBBUtility Communications and Controls — Net Sales
$218.6M+47.9%
CDW logo
CDWNetcomm Products — Net Sales
$675.3M+23.3%
Hubbell logo
HUBBUtility Solutions — TOTAL NET SALES
$948.9M+10.7%
A. O. Smith logo
AOSWater treatment products — Net Sales
$60.78M-2.1%

Other financials

Income statement

See full
Revenue$1.9B-0.1%
Gross profit$520.0M+2.0%
Operating income$177.0M+3.5%
Net income$108.0M+8.0%
EPS (diluted)$0.57+9.6%

Balance sheet

See full
Cash & equivalents$150.0M+1,775%
Total debt$2.4B-3.4%
Total equity$2.0B+17.0%
Total assets$6.3B+0.7%

Cash flow

See full
Operating cash flow$82.0M+6.5%
CapEx$14.0M+7.7%
Free cash flow$68.0M+6.3%

Valuation

See full
Market cap$9.09B-4.9%
Enterprise value$11.39B-5.7%
P/E20.3×-2.7×
P/S1.2×-0.1×

Profitability

See full
Gross margin27.1%+0.5pp
Operating margin9.5%0.0pp
Net margin5.9%+0.4pp
FCF margin8%+0.3pp

Returns & leverage

See full
Return on equity23.7%-1.4pp
Debt / equity1.2×-0.3×
Current ratio2.3×+0.4×

Where this comes from

Reported directly by Core & Main in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Core & Main’s 10-Q, filed June 10, 2026, on SEC EDGAR. View the filing →

Ask your AI about Core & Main's smart utility products — net sales.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Core & Main's smart utility products — net sales?
Core & Main (CNM) reported smart utility products — net sales of $180M in Q1 2026.
How has Core & Main's smart utility products — net sales changed year-over-year?
Core & Main's smart utility products — net sales increased by 7.8% year-over-year, from $167M to $180M.
What is the long-term trend for Core & Main's smart utility products — net sales?
Over 4 years (2021 to 2025), Core & Main's smart utility products — net sales has grown at a 16.3% compound annual growth rate (CAGR), from $391M to $716M.
What does smart utility products — net sales mean?
Total revenue earned from the sale of smart water meters and digital utility monitoring technology.
How do you interpret smart utility products — net sales?
An increase indicates successful adoption of smart water technology by utility providers and growth in high-margin digital product offerings. A decrease may signal market saturation, reduced municipal capital expenditure on technology upgrades, or increased competition in the smart infrastructure space.
How does smart utility products — net sales compare across companies?
Comparable to 'Smart Metering' or 'Digital Infrastructure' revenue segments reported by industrial distributors and water technology firms, often benchmarked against broader infrastructure technology adoption rates.