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Core & Main CNM Stock-Based Comp

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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$8.67B-27.7%
Enterprise value$10.96B-24.4%
P/E19.3×-8.5×
P/S1.1×-0.4×

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:ShareBasedCompensation.

The source filing: Core & Main’s 10-Q, filed June 10, 2026.

Filed
Jun 10, 2026, 7:28 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001856525-26-000054
Line itemThree Months Ended / May 3, 2026Three Months Ended / May 4, 2025
Net income$113$105
Adjustments to reconcile net cash from operating activities:
Depreciation and amortization4748
Equity-based compensation expense35
Deferred income tax expense63
Other24
Changes in assets and liabilities:
(Increase) decrease in receivables(213)(257)

Item 1. Financial Statements (unaudited)

FAQ

What is Core & Main's stock-based comp?
Core & Main (CNM) reported stock-based comp of $3M in Q1 2026.
How has Core & Main's stock-based comp changed year-over-year?
Core & Main's stock-based comp decreased by 40.0% year-over-year, from $5M to $3M.
What is the long-term trend for Core & Main's stock-based comp?
Over 4 years (2021 to 2025), Core & Main's stock-based comp has grown at a -9.2% compound annual growth rate (CAGR), from $25M to $17M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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