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Core & Main CNM Income Tax

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:IncomeTaxExpenseBenefit.

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

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Questions, answered.

What is Core & Main's income tax?
Core & Main (CNM) reported income tax of $37M in Q1 2026.
How has Core & Main's income tax changed year-over-year?
Core & Main's income tax increased by 2.8% year-over-year, from $36M to $37M.
What is the long-term trend for Core & Main's income tax?
Over 4 years (2021 to 2025), Core & Main's income tax has grown at a 29.9% compound annual growth rate (CAGR), from $51M to $145M.
What does income tax mean?
The total amount of tax the company owes on its earnings for the period.
How do you interpret income tax?
An increase may reflect higher pre-tax profits or changes in tax legislation, while a decrease could indicate lower profitability or tax planning efficiencies.
How does income tax compare across companies?
Varies significantly based on the company's geographic footprint and effective tax rate compared to industry peers.