For the quarter ending 2025-11-02, CNM had $64M increase in cash & cash equivalents over the period. $263M in free cash flow.
| Cash Flow | 2025-11-02 | 2025-08-03 | 2025-05-04 | 2025-02-02 |
|---|---|---|---|---|
| Net income | 143 | 141 | 105 | 67 |
| Depreciation and amortization | 48 | 48 | 48 | 50 |
| Equity-based compensation expense | 4 | 5 | 5 | 3 |
| Loss on debt modification and extinguishment | - | - | - | -13 |
| Deferred income tax expense | -13 | -4 | 6 | - |
| Other | -3 | -3 | -4 | 2 |
| (increase) decrease in receivables | -23 | 43 | 257 | -314 |
| (increase) decrease in inventories | -46 | -11 | 163 | -41 |
| (increase) decrease in other assets | -3 | 0 | 5 | 5 |
| Increase (decrease) in accounts payable | -27 | -165 | 361 | -221 |
| Increase (decrease) in accrued liabilities | 15 | 30 | -24 | -16 |
| Net cash provided by operating activities | 271 | 34 | 77 | 235 |
| Capital expenditures | 8 | 10 | 13 | 11 |
| Acquisitions of businesses, net of cash acquired | 32 | - | - | 19 |
| Other | 3 | 2 | 3 | 1 |
| Net cash used in investing activities | -43 | -12 | -16 | -31 |
| Repurchase and retirement of equity interests | 50 | 8 | 39 | 55 |
| Distributions to non-controlling interest holders | 1 | 2 | 2 | 2 |
| Payments pursuant to tax receivable agreements | 0 | 0 | 18 | 0 |
| Borrowings on asset-based revolving credit facility | 50 | 0 | 100 | 59 |
| Repayments on asset-based revolving credit facility | 150 | 0 | 93 | 200 |
| Issuance of long-term debt | 0 | 0 | 0 | 200 |
| Repayments of long-term debt | 6 | 6 | 6 | 206 |
| Payment of contingent consideration | 0 | 0 | 0 | 1 |
| Other | -7 | 11 | -3 | -1 |
| Net cash (used in) provided by financing activities | -164 | -5 | -61 | -206 |
| Increase in cash and cash equivalents | 64 | 17 | 0 | -2 |
| Cash and cash equivalents at beginning of period | 8 | - | - | - |
| Cash and cash equivalents at end of period | 89 | - | - | - |
Core & Main, Inc. (CNM)
Core & Main, Inc. (CNM)