FMP

FMP

Core & Main, Inc. (NYSE:CNM) Surpasses Earnings and Revenue Estimates

  • Earnings per share of $0.89, beating the estimated $0.73.
  • Revenue reached approximately $2.06 billion, slightly above the estimated $2.05 billion.
  • The company's price-to-earnings (P/E) ratio is around 22.57, indicating investor valuation of its earnings.

Core & Main, Inc. (NYSE:CNM) is a leading distributor of water, wastewater, storm drainage, and fire protection products in the United States. The company serves municipalities, private water companies, and professional contractors. CNM competes with other industry players like Ferguson and HD Supply. On December 9, 2025, CNM reported impressive financial results, with earnings per share of $0.89, surpassing the estimated $0.73.

CNM's revenue for the period reached approximately $2.06 billion, slightly exceeding the estimated $2.05 billion. This performance highlights the company's ability to generate sales above expectations. The company's price-to-earnings (P/E) ratio is around 22.57, indicating how the market values its earnings. A P/E ratio of this level suggests that investors are willing to pay $22.57 for every $1 of earnings.

The price-to-sales ratio of CNM stands at about 1.26, showing that investors are paying $1.26 for every dollar of sales. This ratio helps investors understand how much they are paying for a company's sales. Additionally, the enterprise value to sales ratio is around 1.57, reflecting the company's total valuation compared to its sales, which is a useful metric for assessing the company's overall value.

CNM's enterprise value to operating cash flow ratio is approximately 19.71, indicating the relationship between the company's valuation and its cash flow from operations. This ratio helps investors understand how well the company generates cash from its operations. The earnings yield of about 4.43% is the inverse of the P/E ratio and provides insight into the return on investment for shareholders.

The company's debt-to-equity ratio is approximately 1.23, highlighting its financial leverage. This ratio indicates that CNM uses a mix of debt and equity to finance its operations. Lastly, the current ratio of about 2.26 suggests that CNM has more than twice the current assets compared to its current liabilities, indicating good short-term financial health. This ratio is important for assessing the company's ability to meet its short-term obligations.