Core & Main, Inc.(CNM)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #898 of 2,961 stocksTOP 50%
View Consumer Discretionary peers →
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
CNM Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for Core & Main, Inc. (CNM), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores CNM at 59.9/100 on a 32-signal composite quality model, placing it at rank #898 of 2,961 stocks — the top half of the AI-ranked universe. CNM scores in the top quartile across revenue scale (83.6), balance sheet strength (77.6). Based on the latest XBRL financial filings (Q1 2026), Core & Main, Inc. reports quarterly revenue of $1.9B, net income of $108.0M, an operating margin of 9.3%. Top institutional holders of CNM by reported 13-F value include BlackRock, Capital World Investors, FMR, based on the most recent SEC filings. CNM trades on the NYSE exchange and files with the SEC under CIK 1856525. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CNM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Core & Main, Inc. directly from SEC EDGAR. Core & Main, Inc.'s 13F Pro composite quality score has ranged between 54 and 71 since 2022, currently 59.9 — an improving long-term trajectory across 63 quarterly and live scoring snapshots.
Revenue
Q1 2026
$1.9B
Net Income
Q1 2026
$108.0M
Free Cash Flow
Q1 2026
$68.0M
Operating Margin
Q1 2026
9.3%
ROIC
Q1 2026
16.9%
D/E Ratio
Q1 2026
1.05
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+2.8% YoYNet Income
+7.3% YoYOperating Income
+0.4% YoYEPS (Diluted)
+8.5% YoYTotal Assets
+3.7% YoYTotal Debt
-5.0% YoYOp. Cash Flow
+4.7% YoYFree Cash Flow
+3.1% YoY| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $7.65B +2.8% | $7.44B +11.0% | $6.70B +0.8% | $6.65B +32.9% | $5.00B +37.4% | $3.64B |
| Net Income | $441.0M +7.3% | $411.0M +10.8% | $371.0M +1.4% | $366.0M +120.5% | $166.0M +348.6% | $37.0M |
| Operating Income | $722.0M +0.4% | $719.0M -2.8% | $740.0M -4.5% | $775.0M +82.4% | $425.0M +129.7% | $185.0M |
| EPS (Diluted) | $2.31 +8.5% | $2.13 -0.9% | $2.15 +0.9% | $2.13 +287.3% | $0.55 | — |
| Total Assets | $6.08B +3.7% | $5.87B +15.8% | $5.07B +3.3% | $4.91B +10.7% | $4.43B +13.0% | $3.92B |
| Total Debt | $2.15B -5.0% | $2.26B +20.4% | $1.88B +28.7% | $1.46B -0.8% | $1.47B -35.0% | $2.26B |
| Operating Cash Flow | $650.0M +4.7% | $621.0M -41.9% | $1.07B +166.6% | $401.0M +1393.5% | $-31.0M -114.5% | $214.0M |
| Free Cash Flow | $604.0M +3.1% | $586.0M -43.1% | $1.03B +173.9% | $376.0M +837.3% | $-51.0M -125.2% | $202.0M |
AI Insight: CNM Financial Trends
Revenue volatility and operating margin compression in Q1 2026 signal operational strain despite sustained debt reduction.
• Operating margin collapsed to 4.1% in Q1 2026 from 10.6% in Q4 2025, recovering only partially to 9.3% in Q2 2026.
• Total debt declined steadily from $2,424M (Q2 2024) to $2,144M (Q2 2026), reducing leverage ratio to 1.05x equity.
• Operating cash flow turned negative $125M in Q1 2026, the first deficit in the eight-quarter period.
⚠ Revenue peaked at $2,385M in Q1 2026 then contracted 20% to $1,910M in Q2 2026 — largest sequential drop on record.
⚠ Operating cash flow remains volatile and unpredictable; Q2 2026 recovery to $82M follows severe Q1 deficit.
AI Insight: CNM Ratio Trends
Operating margin collapsed to 4.1% in Q1 2026 before rebounding to 9.3% in Q2 2026, signaling a severe seasonal trough rather than structural deterioration.
• Leverage improved sharply: D/E fell from 1.54 in Q2 2024 to 1.05 in Q2 2026, a 31% reduction over two years.
• ROIC stabilized around 16.9–21.3% across quarters 2024–2025, but sank to 9.5% in Q1 2026 before recovering to 16.9% in Q2 2026.
⚠ Operating margin crashed 630 bps Q4 2025 to Q1 2026 (10.7% to 4.1%), the steepest quarterly decline in the dataset.
⚠ ROE declined from 31.8% (Q4 2024 peak) to 21.2% in Q2 2026, a 10.6pp erosion despite leverage improvement.
Get alerted when CNM's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for Core & Main, Inc. including:
Top Institutional Holders of CNM
BlackRock, Inc.
$885.8M18,357,688 shCapital World Investors
$553.6M11,473,053 shFMR LLC
$432.3M8,959,133 shVANGUARD CAPITAL MANAGEMENT LLC
$411.0M8,517,598 shVANGUARD PORTFOLIO MANAGEMENT LLC
$398.1M8,251,721 shFIRST TRUST ADVISORS LP
$301.5M6,248,855 shMORGAN STANLEY
$291.4M6,040,241 shSTATE STREET CORP
$285.1M5,908,053 shSelect Equity Group, L.P.
$281.8M5,840,259 shROYAL LONDON ASSET MANAGEMENT LTD
$264.8M5,488,673 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $885.8M | 18,357,688 |
| Capital World Investors | $553.6M | 11,473,053 |
| FMR LLC | $432.3M | 8,959,133 |
| VANGUARD CAPITAL MANAGEMENT LLC | $411.0M | 8,517,598 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $398.1M | 8,251,721 |
| FIRST TRUST ADVISORS LP | $301.5M | 6,248,855 |
| MORGAN STANLEY | $291.4M | 6,040,241 |
| STATE STREET CORP | $285.1M | 5,908,053 |
| Select Equity Group, L.P. | $281.8M | 5,840,259 |
| ROYAL LONDON ASSET MANAGEMENT LTD | $264.8M | 5,488,673 |
Companies Similar to CNM
Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.
APPLIED INDUSTRIAL TECHNOLOGIES INC
CDW Corp
WESCO INTERNATIONAL INC
BJ's Wholesale Club Holdings, Inc.
TRACTOR SUPPLY CO /DE/
Ulta Beauty, Inc.
DOLLAR TREE, INC.
Texas Roadhouse, Inc.
Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.
More Consumer Discretionary Companies
View all Consumer Discretionary →Put CNM on your watchlist
Track score changes the day Core & Main, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is CNM a good stock to buy?
13F Pro's AI-powered analysis of Core & Main, Inc. (CNM) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CNM are available on the CNM stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. CNM is classified as a mid company.
Which hedge funds own CNM?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CNM. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Core & Main, Inc.'s investment landscape.