Value202020212022TTMSelling/general/admin expenses931 M1.08 B1.15 B1.15 BResearch & development————Operating income740 M719 M722 M722 MNon-Operating Income, Total——5 M—Interest expense, net of interest capitalized81 M142 M120 M—Non-Operating Income, excl. Interest Expenses——-120 M—Unusual income/expense——5 M—Pretax income659 M577 M607 M607 MEquity in earnings————Taxes128 M143 M145 M145 MNon-controlling/minority interest160 M23 M21 M21 MAfter tax other income/expense-7 M-8 M00Net income before discontinued operations371 M411 M441 M441 MDiscontinued operations————Net income371 M411 M441 M441 MDilution adjustment————Preferred dividends————Diluted net income available to common stockholders489 M429 M457 M457 MBasic earnings per share (Basic EPS)2.152.142.322.32Diluted earnings per share (Diluted EPS)2.152.132.312.31Average basic shares outstanding172.84 M191.62 M189.72 M—Diluted shares outstanding227.82 M201.44 M197.86 M—EBITDA894 M913 M914 M914 MEBIT740 M719 M722 M722 MCost of revenue4.88 B5.46 B5.59 B5.59 BOther cost of goods sold————Depreciation & amortization (cash flow)154 M194 M192 M192 M
Core & Main, Inc. Class A Common Stock
Core & Main, headquartered in St. Louis, Missouri, distributes products used for water, wastewater, storm drainage, and fire protection in the United States. Customers include municipalities, private water companies, and professional contractors. The company has 370 branch locations in 49 U.S. states, 60,000 customers, and sells 225,000 products.
In fiscal 2024, 67% of the company's sales were pipes, valves, and piping and plumbing fittings, 16% of the company's sales were products for storm drainage, 8% of the company's sales were products for fire protection, and 9% of the company's sales were products for water metering. In fiscal 2024, 42% of sales were from the municipal construction sector, 38% of sales were from the non-residential construction sector, and 20% of sales were from the residential construction sector.
The company is ranked 497th on the Fortune 500.