Core & Main, Inc.

CNMNYSEIndustrials● Active

$52.21

+$0.24(+0.46%)

Market Cap$9.8B

P/E Ratio—

52W High$67.18

52W Low$43.96

Avg Volume2.5M

Open$52.07

Beta0.91

Free Cash Flow Financials Revenue

Core & Main, Inc. (CNM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CNM · free cash flow · updated Jun 8, 2026

Core FCF metrics

CNM · FCF · TTM · margin & CAGR

Free cash flow was $604.0M for FY2026 (fiscal year ending 2026-02-01), up 3.1% year-over-year The FCF margin was 7.9%. Five-year CAGR stands at +24.5%.

FY2026 Free Cash Flow$604.0M▲ +3.1% YoY

Trailing 12M (TTM)$604.0Mtrailing 4 quarters sum

FCF Margin7.9%$604.0M ÷ revenue

3-Year CAGR+17.1%FY2023 → FY2026

5-Year CAGR+24.5%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CNM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$650.0M(46M)$604.0M▲ +3.1%7.9%

FY2025$621.0M(35M)$586.0M▼ 43.1%7.9%

FY2024$1.07B(39M)$1.03B▲ +173.9%15.4%

FY2023$401.0M(25M)$376.0M▲ +837.3%5.7%

FY2022−$31.0M(20M)−$51.0M▼ 125.2%-1.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CNM · P/FCF · FCF yield · FCF per share

Core & Main, Inc. (CNM) trades at a FCF yield of 6.16% and a price-to-free-cash-flow ratio of 16.4x. FCF per share stands at $3.18, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.16%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.18

TTM FCF ÷ Shares Outstanding

Price / FCF

x16.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x19.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-02-01

Cash flow statement summary

CNM · cash flow statement · operating / investing / financing

For FY2026, Core & Main, Inc. generated $650.0M in operating cash flow and spent 46M in capital expenditures, yielding $604.0M in free cash flow.

Operating Activities

+$650.0M

Cash from core business operations

2026-02-01

Investing Activities

−$145.0M

CapEx, acquisitions & investments

2026-02-01

Financing Activities

−$293.0M

Buybacks, dividends & debt

2026-02-01

FCF FormulaOperating CF ($650.0M) − |CapEx| (46M) = FCF ($604.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

CNM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Core & Main, Inc.YOU

CNM

$604.0M+3.1%7.9%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Core & Main, Inc. (CNM) reported free cash flow of $604.0M for FY2026 (fiscal year ending 2026-02-01), up 3.1% year-over-year. The FCF margin was 7.9%.

Based on available data, Core & Main, Inc. has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $1.03B in FY2024. The 5-year CAGR stands at +24.5%.

Core & Main, Inc.'s FCF yield is 6.16% and price-to-FCF ratio is 16.4x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CNM free cash flow · 8 questions

Core & Main, Inc. free cash flow was $604.0M for FY2026, up 3.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $604.0M.

CNM free cash flowCNM FCFCNM FCF 2026CNM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Core & Main, Inc. · Core & Main, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026