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Core & Main CNM Operating Income

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Other financials

Income statement

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Revenue$1.9B-0.1%
Gross profit$520.0M+2.0%
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:OperatingIncomeLoss.

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 operating income?
Core & Main (CNM) reported operating income of $177M in Q1 2026.
How has Core & Main's operating income changed year-over-year?
Core & Main's operating income increased by 3.5% year-over-year, from $171M to $177M.
What is the long-term trend for Core & Main's operating income?
Over 4 years (2021 to 2025), Core & Main's operating income has grown at a 14.2% compound annual growth rate (CAGR), from $425M to $722M.
What does operating income mean?
The profit generated from core business activities before interest and taxes.
How do you interpret operating income?
Higher values indicate strong operational performance and effective cost control.
How does operating income compare across companies?
The standard metric for comparing operational efficiency across peer companies.