For the year ending 2026-02-01, CNM had $212M increase in cash & cash equivalents over the period. $604M in free cash flow.
| Cash Flow | 2026-02-01 | 2025-02-02 | 2024-01-28 | 2023-01-29 |
|---|---|---|---|---|
| Net income | 462 | 434 | 531 | 581 |
| Depreciation and amortization | 192 | 194 | 154 | 148 |
| Equity-based compensation expense | 17 | 14 | 10 | 11 |
| Loss on debt modification and extinguishment | -28 | -13 | 0 | 0 |
| Other | 0 | -8 | -7 | 0 |
| (increase) decrease in receivables | -26 | 2 | -21 | 51 |
| (increase) decrease in inventories | 70 | 36 | -328 | 149 |
| (increase) decrease in other assets | -6 | 13 | -2 | 4 |
| Increase (decrease) in accounts payable | -59 | 14 | 11 | -140 |
| Increase (decrease) in accrued liabilities | 48 | -5 | 4 | 5 |
| Increase (decrease) in other liabilities | - | - | 1 | 0 |
| Net cash provided by operating activities | 650 | 621 | 1,069 | 401 |
| Capital expenditures | 46 | 35 | 39 | 25 |
| Acquisitions of businesses, net of cash acquired | 61 | 741 | 231 | 128 |
| Settlement of interest rate swap | - | - | 0 | 0 |
| Proceeds from the sale of property and equipment | - | - | - | 1 |
| Other | 38 | 12 | 0 | - |
| Net cash used in investing activities | -145 | -788 | -270 | -152 |
| Ipo proceeds, net of underwriting discounts and commissions | - | - | 0 | 0 |
| Offering proceeds from underwriters option, net of underwriting discounts and commissions | - | - | 0 | 0 |
| Payments for offering costs | - | - | 0 | 0 |
| Proceeds from issuance of common stock from employee equity plans | - | - | - | 1 |
| Investments from non-controlling interest holders | - | - | - | 0 |
| Repurchase and retirement of equity interests | 155 | 176 | 1,344 | - |
| Distributions to non-controlling interest holders | 7 | 11 | 41 | 57 |
| Payments pursuant to tax receivable agreements | 18 | 11 | 5 | - |
| Borrowings on asset-based revolving credit facility | 150 | 774 | 665 | 244 |
| Repayments on asset-based revolving credit facility | 243 | 1,110 | 235 | 244 |
| Issuance of long-term debt | 0 | 950 | 0 | 0 |
| Repayments of long-term debt | 24 | 223 | 15 | 15 |
| Payment of debt redemption premiums | - | - | 0 | 0 |
| Debt issuance costs | 0 | 15 | 0 | 2 |
| Other | 4 | -4 | 0 | - |
| Net cash (used in) provided by financing activities | -293 | 174 | -975 | -73 |
| Increase (decrease) in cash and cash equivalents | 212 | 7 | -176 | 176 |
| Cash and cash equivalents at the beginning of the period | 8 | - | - | - |
| Cash and cash equivalents at the end of the period | 220 | - | - | - |
Core & Main, Inc. (CNM)
Core & Main, Inc. (CNM)