कंपनी का अवलोकन
Core & Main, Inc. operates as a specialized industrial distributor focusing on the supply chain of water, wastewater, storm drainage, and fire protection products alongside related services within the United States. The company's extensive product portfolio encompasses pipes, valves, hydrants, fittings, and other essential items utilized for service, repair, and replacement operations across the infrastructure sector. It functions within the broader Industrials sector, specifically categorized under the Industrial Distribution industry, which implies a role in facilitating the flow of capital goods to downstream customers rather than manufacturing the goods themselves. As of the latest reporting period, the company demonstrates a substantial market capitalization of $10.02B and generates annual revenue of $7.65B while employing approximately 5,600 individuals. These financial figures and operational scale indicate that Core & Main, Inc. holds a significant position within its niche, managing a complex distribution network that serves critical municipal and commercial infrastructure needs.
वित्तीय स्वास्थ्य
The company reported total revenue of $7.65B over the trailing twelve months, generating net income of $441.00M and an EBITDA of $914.00M, highlighting a substantial operational leverage before interest and taxes. The difference between the $7.65B revenue and $441.00M net income reveals a cost structure where operating expenses, including cost of goods sold and administrative costs, consume a significant portion of top-line sales before reaching the bottom line. Free cash flow stands at $464.25M, which provides the enterprise with considerable financial flexibility to fund operations, service debt, or pursue strategic acquisitions without immediate reliance on external financing. Gross margin is reported at 26.9%, indicating the efficiency of the company in managing the direct costs of purchasing and distributing its product portfolio. Operating margin sits at 7.5%, reflecting the effectiveness of internal management in controlling overhead and administrative expenses relative to sales volume. Profit margin is 5.8%, which signifies the final percentage of revenue retained as net earnings after all expenses, taxes, and interest have been accounted for. The balance sheet shows $230.00M in cash against $2.46B in total debt, resulting in a debt-to-equity ratio of 118.47%, which suggests a leveraged capital structure typical for capital-intensive distribution businesses. Current ratio is 2.63, indicating that the company possesses more than double the current assets needed to cover its short-term liabilities, thus demonstrating robust short-term liquidity and the ability to meet obligations as they come due. Return on Equity is 24.0%, showing that management generates significant returns on shareholders' invested capital, while Return on Assets is 7.5%, indicating the efficiency with which the company utilizes its total asset base to generate profits.
मूल्यांकन आकलन
The trailing twelve-month P/E ratio is 22.18, while the forward P/E is projected at 17.17, implying that the market expects earnings growth that would justify a lower multiple in the future relative to current earnings levels. The price-to-book ratio stands at 4.84, indicating that the stock trades at a significant premium over its net book value, which often reflects intangible assets, brand value, or expected future earnings potential not captured on the balance sheet. Alternative valuation metrics show a price-to-sales ratio of 1.31 and an EV/EBITDA of 13.06, suggesting that the market values the company based on both revenue generation and earnings power relative to enterprise value. The stock has traded between a 52-week low of $43.50 and a high of $67.18, providing a clear range of historical volatility and liquidity for market participants. The beta value is 1.00, which indicates that the stock's price volatility moves in tandem with the broader market, neither amplifying nor dampening systemic risk compared to the index average.
Growth & Income
Revenue growth year-over-year is -6.9%, signaling a contraction in sales volume or pricing power over the past fiscal period. Conversely, earnings growth year-over-year is 9.1%, demonstrating that profitability is expanding even as revenue declines, likely due to margin expansion or cost control measures that outpace revenue drops. Since earnings are growing faster than revenue, this implies improved operational efficiency or a shift in the mix of products sold toward higher-margin items. The company does not pay dividends, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning that all earnings are retained within the business to fund reinvestment, debt reduction, or internal growth initiatives rather than being distributed to shareholders. This reinvestment strategy prioritizes long-term capital allocation over immediate income distribution for investors seeking capital appreciation. The overall growth and income profile reflects a mature industrial distributor facing temporary revenue headwinds while successfully leveraging operational improvements to drive earnings per share growth without relying on dividend payouts.