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.
History In 2005, Home Depot acquired National Waterworks Holdings. It was merged with Hughes Supply and became HD Supply Waterworks.
In August 2017, Clayton, Dubilier & Rice acquired HD Supply Waterworks and changed its name to Core & Main.
In July 2021, the company became a public company via an initial public offering.
Acquisitions Date Company Ref May 2019 Long Island Pipe Supply February 2019 Maskell Pipe & Supply January 2019 DCL Fabrication & Supply August 2018 Finish Line Systems July 2018 DOT Sales Company June 2018 St. Louis Fabrication & Supply September 2017 Minnesota Pipe & Equipment
Financials FY Year (ending February 2) Revenue(billion $) Gross Profit(billion $) Net Income(billion $) 2018 3.20 0.71 0.037 2019 3.39 0.79 0.036 2020 3.36 0.87 0.037 2021 5.00 1.28 0.225 2022 6.65 1.79 0.581 2023 6.70 1.82 0.371 2024 7.44 1.98 0.411
References
External links