Core & Main Financial Statements
NYSE: CNMConsumer DiscretionaryDurable GoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Core & Main revenue and earnings
In fiscal 2025, Core & Main generated $7.65 billion in revenue, up 2.8% from fiscal 2024, its 6th consecutive year of revenue growth. Net income was $441.0 million (+7.3% year over year), for a net margin of 5.8% versus a median of 5.5% in the prior 5 years. Gross margin was 26.9% (up from 26.6%) and operating margin 9.4%.
Diluted earnings per share came in at $2.31, up from $2.13. Over the last 5 fiscal years, CNM's revenue has grown at a 16.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Core & Main income statement (annual)
| Fiscal year (USD) | FY 20252026-02-01 | FY 20242025-02-02 | FY 20232024-01-28 | FY 20222023-01-29 | FY 20212022-01-30 | FY 20202021-01-31 | FY 20192020-02-02 |
|---|---|---|---|---|---|---|---|
| Revenue | 7.65B | 7.44B | 6.70B | 6.65B | 5.00B | 3.64B | 3.39B |
| Revenue growth (YoY) | +2.77% | +11.03% | +0.77% | +32.91% | +37.40% | +7.47% | — |
| Cost of Revenue | 5.59B | 5.46B | 4.88B | 4.86B | 3.72B | 2.76B | 2.60B |
| Gross Profit | 2.06B | 1.98B | 1.82B | 1.79B | 1.28B | 878.00M | 789.00M |
| Operating Expenses | 1.34B | 1.26B | 1.08B | 1.02B | 855.00M | 693.00M | 634.00M |
| Selling, General & Admin | 1.15B | 1.08B | 931.00M | 880.00M | 717.00M | 556.00M | 509.00M |
| Operating Income | 722.00M | 719.00M | 740.00M | 775.00M | 425.00M | 185.00M | 155.00M |
| Interest Expense | 120.00M | 142.00M | 81.00M | 66.00M | 98.00M | 139.00M | 113.00M |
| Other Income (Expense) | 5.00M | 0 | 0 | — | — | — | — |
| Pretax Income | 607.00M | 577.00M | 659.00M | 709.00M | 276.00M | 46.00M | 42.00M |
| Income Tax | 145.00M | 143.00M | 128.00M | 128.00M | 51.00M | 9.00M | 6.00M |
| Net Income | 441.00M | 411.00M | 371.00M | 366.00M | 166.00M | 37.00M | 36.00M |
| Net Income growth (YoY) | +7.30% | +10.78% | +1.37% | +120.48% | +348.65% | +2.78% | — |
| EPS (Basic) | 2.32 | 2.14 | 2.15 | 2.16 | 0.57 | — | — |
| EPS (Diluted) | 2.31 | 2.13 | 2.15 | 2.13 | 0.55 | — | — |
| Shares Outstanding (Basic) | 189.72M | 191.62M | 172.84M | 169.48M | 159.19M | — | — |
| Shares Outstanding (Diluted) | 197.86M | 201.44M | 227.82M | 246.22M | 244.45M | — | — |
| EBITDA | 914.00M | 913.00M | 894.00M | 923.00M | 575.00M | 338.00M | 293.00M |
| Gross Margin | 26.93% | 26.61% | 27.13% | 26.99% | 25.58% | 24.11% | 23.28% |
| Operating Margin | 9.44% | 9.66% | 11.04% | 11.65% | 8.49% | 5.08% | 4.57% |
| Net Margin | 5.77% | 5.52% | 5.54% | 5.50% | 3.32% | 102.00% | 106.00% |
This table shows 7 annual periods of Core & Main's income statement, from FY 2025 back to FY 2019, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CNM's reporting calendar. What is a income statement?