Core & Main, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.65B | $7.44B | $6.70B | $6.65B | $5.00B | $3.64B | $3.39B |
| 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 | $1.80B | $1.28B | $878.0M | $789.0M |
| Gross Margin | 26.9% | 26.6% | 27.1% | 27.0% | 25.6% | 24.1% | 23.3% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $1.15B | $1.08B | $931.0M | $880.0M | $717.0M | $556.0M | $509.0M |
| Operating Income | $722.0M | $719.0M | $740.0M | $775.0M | $425.0M | $185.0M | $155.0M |
| Operating Margin | 9.4% | 9.7% | 11.0% | 11.7% | 8.5% | 5.1% | 4.6% |
| Interest Expense | — | — | $81.0M | $66.0M | $98.0M | $139.0M | $113.0M |
| Pretax Income | $607.0M | $577.0M | $659.0M | $709.0M | $276.0M | $46.0M | $42.0M |
| Income Tax Expense | $145.0M | $143.0M | $128.0M | $128.0M | $51.0M | $9.0M | $6.0M |
| Net Income | $441.0M | $411.0M | $371.0M | $366.0M | $166.0M | $37.0M | $36.0M |
| Net Margin | 5.8% | 5.5% | 5.5% | 5.5% | 3.3% | 1.0% | 1.1% |
| 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) | 189.7M | 191.6M | 172.8M | 169.5M | 159.2M | — | — |
| Shares Outstanding (Diluted) | 197.9M | 201.4M | 227.8M | 246.2M | 244.5M | — | — |
| Dividends Per Share | — | — | — | — | — | — | — |