Core & Main, Inc. (CNM) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Core & Main, Inc. Do?
Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, and other related products; fire protection products, including fire protection pipes, sprinkler heads and other devices, fire suppression systems, and related accessories, as well as fabrication services; and meter products, such as smart meter products, installation, software and other services. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water and fire protection infrastructure. Core & Main, Inc. was founded in 1874 and is headquartered in St. Louis, Missouri. Core & Main, Inc. (CNM) is classified as a mid-cap stock in the Consumer Staples sector, specifically within the Wholesale industry. The company is led by CEO Stephen O. LeClair and employs approximately 4,100 people. With a market capitalization of $9.6B, CNM is one of the notable companies in the Consumer Staples sector.
Core & Main, Inc. (CNM) Stock Rating — Hold (April 2026)
As of April 2026, Core & Main, Inc. receives a Hold rating with a composite score of 45.7/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.CNM ranks #1,894 out of 4,446 stocks in our coverage universe. Within the Consumer Staples sector, Core & Main, Inc. ranks #71 of 180 stocks, placing it in the upper half of its Consumer Staples peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
CNM Stock Price and 52-Week Range
Core & Main, Inc. (CNM) currently trades at $51.45. The stock gained $0.21 (0.4%) in the most recent trading session. The 52-week high for CNM is $67.18, which means the stock is currently trading -23.4% from its annual peak. The 52-week low is $43.17, putting the stock 19.2% above its annual trough. Recent trading volume was 1.6M shares, reflecting moderate market activity.
Is CNM Overvalued or Undervalued? — Valuation Analysis
Core & Main, Inc. (CNM) carries a value factor score of 67/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 18.52x, compared to the Consumer Staples sector average of 33.11x — a discount of 44%. The price-to-book ratio stands at 4.57x, versus the sector average of 1.74x. The price-to-sales ratio is 1.18x, compared to 0.35x for the average Consumer Staples stock. On an enterprise value basis, CNM trades at 9.54x EV/EBITDA, versus 6.93x for the sector.
Overall, CNM's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
Core & Main, Inc. Profitability — ROE, Margins, and Quality Score
Core & Main, Inc. (CNM) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 24.7%, compared to the Consumer Staples sector average of 7.7%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 8.4% versus the sector average of 3.1%.
On a margin basis, Core & Main, Inc. reports gross margins of 26.6%, compared to 26.2% for the sector. The operating margin is 10.1% (sector: 2.9%). Net profit margin stands at 6.4%, versus 1.6% for the average Consumer Staples stock. Revenue growth is running at 20.2% on a trailing basis, compared to 3.1% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
CNM Debt, Balance Sheet, and Financial Health
Core & Main, Inc. has a debt-to-equity ratio of 193.0%, compared to the Consumer Staples sector average of 72.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 2.63x, indicating strong short-term liquidity. Total debt on the balance sheet is $2.15B. Cash and equivalents stand at $89M.
CNM has a beta of 1.01, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Core & Main, Inc. is 59/100, reflecting average volatility within the normal range for its sector.
Core & Main, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Core & Main, Inc. reported revenue of $8.01B and earnings per share (EPS) of $2.32. Net income for the quarter was $512M. Gross margin was 26.6%. Operating income came in at $811M.
In FY 2026, Core & Main, Inc. reported revenue of $7.65B and earnings per share (EPS) of $2.32. Net income for the quarter was $462M. Gross margin was 26.9%. Revenue grew 2.8% year-over-year compared to FY 2025. Operating income came in at $722M.
In Q2 2026, Core & Main, Inc. reported revenue of $2.09B and earnings per share (EPS) of $0.71. Net income for the quarter was $141M. Gross margin was 26.8%. Revenue grew 6.6% year-over-year compared to Q2 2025. Operating income came in at $213M.
In Q1 2026, Core & Main, Inc. reported revenue of $1.91B and earnings per share (EPS) of $0.53. Net income for the quarter was $105M. Gross margin was 26.7%. Revenue grew 9.8% year-over-year compared to Q1 2025. Operating income came in at $171M.
Over the past 8 quarters, Core & Main, Inc. has demonstrated a growth trajectory, with revenue expanding from $1.74B to $8.01B. Investors analyzing CNM stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
CNM Dividend Yield and Income Analysis
Core & Main, Inc. (CNM) does not currently pay a dividend. This is common among smaller companies in the Wholesale industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Staples dividend stocks may want to explore other Consumer Staples stocks or use the stock screener to filter by dividend yield.
CNM Momentum and Technical Analysis Profile
Core & Main, Inc. (CNM) has a momentum factor score of 42/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 26/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 15/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
CNM vs Competitors — Consumer Staples Sector Ranking and Peer Comparison
Within the Consumer Staples sector, Core & Main, Inc. (CNM) ranks #71 out of 180 stocks based on the Blank Capital composite score. This places CNM in the upper half of all Consumer Staples stocks in our coverage universe. Key competitors and sector peers include Ituran Location & Control Ltd. (ITRN) with a score of 60.3/100, DARLING INGREDIENTS INC. (DAR) with a score of 52.9/100, Bunge Global SA (BG) with a score of 53.0/100, SANFILIPPO JOHN B & SON INC (JBSS) with a score of 54.1/100, and Archer-Daniels-Midland Co (ADM) with a score of 52.2/100.
Comparing CNM against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full CNM vs S&P 500 (SPY) comparison to assess how Core & Main, Inc. stacks up against the broader market across all factor dimensions.
CNM Next Earnings Date
No upcoming earnings date has been announced for Core & Main, Inc. (CNM) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy CNM? — Investment Thesis Summary
Core & Main, Inc. presents a balanced picture with arguments on both sides. The value score of 67/100 suggests attractive pricing relative to fundamentals.
In summary, Core & Main, Inc. (CNM) earns a Hold rating with a composite score of 45.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on CNM stock.
Related Resources for CNM Investors
Explore more research and tools: CNM vs S&P 500 comparison, top Consumer Staples stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare CNM head-to-head with peers: CNM vs ITRN, CNM vs DAR, CNM vs BG.