Value2020202120222023TTMSelling/general/admin expenses717 M880 M1.15 B1.08 B1.15 BResearch & development—————Operating income425 M775 M722 M719 M722 MNon-Operating Income, Total——5 M——Interest expense, net of interest capitalized98 M66 M120 M142 M—Non-Operating Income, excl. Interest Expenses——-120 M——Unusual income/expense——5 M——Pretax income276 M709 M607 M577 M607 MEquity in earnings—————Taxes51 M128 M145 M143 M145 MNon-controlling/minority interest59 M215 M21 M23 M21 MAfter tax other income/expense17 M00-8 M0Net income before discontinued operations166 M366 M441 M411 M441 MDiscontinued operations—————Net income166 M366 M441 M411 M441 MDilution adjustment—————Preferred dividends—————Diluted net income available to common stockholders166 M525 M457 M429 M457 MBasic earnings per share (Basic EPS)0.572.162.322.142.32Diluted earnings per share (Diluted EPS)0.552.132.312.132.31Average basic shares outstanding159.19 M169.48 M189.72 M191.62 M759.64 MDiluted shares outstanding244.45 M246.22 M197.86 M201.44 M792.77 MEBITDA575 M923 M914 M913 M914 MEBIT425 M775 M722 M719 M722 MCost of revenue3.72 B4.86 B5.59 B5.46 B5.59 BOther cost of goods sold1 M————Depreciation & amortization (cash flow)150 M148 M192 M194 M192 M
Core & Main Inc Class A
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.