← Core & Main, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net income | $36.0m |
$37.0m
+2.78%
|
$225.0m
+508.11%
|
$581.0m
+158.22%
|
$531.0m
-8.61%
|
$434.0m
-18.27%
|
$462.0m
+6.45%
|
$470.0m
+1.73%
|
|
| Depreciation and amortization | $138.0m | $153.0m | $150.0m | $148.0m | $154.0m | $194.0m | $192.0m | $191.0m | |
| (Increase) decrease in receivables | $3.0m | ($28.0m) | ($312.0m) | ($51.0m) | $21.0m | ($2.0m) | $26.0m | $70.0m | |
| (Increase) decrease in inventories | ($2.0m) | ($27.0m) | ($440.0m) | ($149.0m) | $328.0m | ($36.0m) | ($70.0m) | ($26.0m) | |
| Increase (decrease) in accounts payable | $15.0m | $40.0m | $274.0m | ($140.0m) | $11.0m | $14.0m | ($59.0m) | ($119.0m) | |
| Increase (decrease) in accrued liabilities | $16.0m | $15.0m | $24.0m | $5.0m | $4.0m | ($5.0m) | $48.0m | $15.0m | |
| Other | ($2.0m) | ($2.0m) | ($17.0m) | $0 | $0 | ($4.0m) | $4.0m | — | |
| (Increase) decrease in other assets | ($15.0m) | $8.0m | ($7.0m) | ($4.0m) | $2.0m | ($13.0m) | $6.0m | — | |
| Net cash provided by operating activities | $194.0m |
$214.0m
+10.31%
|
($31.0m)
-114.49%
|
$401.0m
+1393.55%
|
$1.1b
+166.58%
|
$621.0m
-41.91%
|
$650.0m
+4.67%
|
$655.0m
+0.77%
|
|
| Capital expenditures | ($14.0m) | ($12.0m) | ($20.0m) | ($25.0m) | ($39.0m) | ($35.0m) | ($46.0m) | ($47.0m) | |
| Acquisitions of businesses, net of cash acquired | ($220.0m) | ($217.0m) | ($179.0m) | ($128.0m) | ($231.0m) | ($741.0m) | ($61.0m) | — | |
| Net cash used in investing activities | ($234.0m) | ($229.0m) | ($203.0m) | ($152.0m) | ($270.0m) | ($788.0m) | ($145.0m) | ($150.0m) | |
| Loss on debt modification and extinguishment | $0 | $0 | $49.0m | $0 | $0 | $13.0m | $28.0m | — | |
| Borrowings on asset-based revolving credit facility | $0 | $460.0m | $18.0m | $244.0m | $665.0m | $774.0m | $150.0m | — | |
| Issuance of long-term debt | $525.0m | $250.0m | $1.5b | $0 | $0 | $950.0m | $0 | — | |
| Repayments of long-term debt | ($12.0m) | ($13.0m) | ($2.3b) | ($15.0m) | ($15.0m) | ($223.0m) | ($24.0m) | ($174.0m) | |
| Debt issuance costs | ($18.0m) | ($8.0m) | ($13.0m) | ($2.0m) | $0 | ($15.0m) | $0 | — | |
| Net cash (used in) provided by financing activities | $184.0m |
$215.0m
+16.85%
|
($146.0m)
-167.91%
|
($73.0m)
+50.00%
|
($975.0m)
-1235.62%
|
$174.0m
+117.85%
|
($293.0m)
-268.39%
|
— | |
| Increase (decrease) in cash and cash equivalents | $144.0m | $200.0m | ($380.0m) | $176.0m | ($176.0m) | $7.0m | $212.0m | — | |
| Cash and cash equivalents at the beginning of the period | $181.0m | $381.0m | $1.0m | $177.0m | $1.0m | $8.0m | $220.0m | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Equity-based compensation expense | $4.0m | $4.0m | $25.0m | $11.0m | $10.0m | $14.0m | $17.0m | — | |
| Repurchase and retirement of equity interests | — | — | $0 | $0 | ($1.3b) | ($176.0m) | ($155.0m) | — | |
| Distributions to non-controlling interest holders | ($311.0m) | ($15.0m) | ($52.0m) | ($57.0m) | ($41.0m) | ($11.0m) | ($7.0m) | — | |
| Payments pursuant to Tax Receivable Agreements | — | — | $0 | $0 | ($5.0m) | ($11.0m) | ($18.0m) | — | |
| Repayments on asset-based revolving credit facility | $0 | ($460.0m) | ($18.0m) | ($244.0m) | ($235.0m) | ($1.1b) | ($243.0m) | — | |
| Cash paid for interest (excluding effects of interest rate swap) | $99.0m | $123.0m | $126.0m | $74.0m | $105.0m | $197.0m | $133.0m | — | |
| Cash paid for income taxes | $13.0m | $8.0m | $55.0m | $147.0m | $116.0m | $143.0m | $79.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.