(CNM) Core & Main - Ratings and Ratios

Core & Main, Inc. (NYSE:CNM) is a leading distributor of water, wastewater, storm drainage, and fire protection products and services in the United States. Founded in 1874 and headquartered in Saint Louis, Missouri, the company serves municipalities, private water companies, and professional contractors across municipal, non-residential, and residential markets. Its extensive product portfolio includes pipes, valves, hydrants, and fittings, as well as storm drainage solutions like corrugated piping systems, retention basins, and erosion control products. Additionally, Core & Main offers fire protection products such as sprinkler systems and fabrication services, and metering solutions including smart meters, meter sets, and related software and installation services.

The companys products and services are critical for the maintenance, repair, replacement, and construction of water, wastewater, storm drainage, and fire protection infrastructure. With a market capitalization of approximately $10.8 billion, Core & Main operates in a sector that is both stable and essential, given the consistent demand for infrastructure upgrades and new construction. The companys financial metrics include a trailing P/E of 25.38 and a forward P/E of 24.04, with a price-to-book ratio of 6.15, reflecting its growth prospects and the premium investors place on its market position. Its price-to-sales ratio of 1.50 indicates a balance between revenue generation and valuation.