Core & Main Valuation Multiples

Core & Main Overview

About Core & Main

Core & Main is a leading specialty distributor with a focus on water, wastewater, storm drainage, and fire protection products. The company provides solutions to municipalities, private water companies, and professional contractors across municipal, nonresidential, and residential end markets. The company’s specialty products and services are used in the maintenance, repair, replacement, and construction of water and fire protection infrastructure.

Founded

2017

HQ

Employees

5.7K

Website

coreandmain.com

Sectors

Wholesale Distribution

Financials (LTM)

Revenue: $8B

EBITDA: $936M

EV

$13B

Valuation Multiples

Multiples.vc

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Core & Main Financials

Core & Main reported last 12-month revenue of $8B and EBITDA of $936M.

In the same LTM period, Core & Main generated $2B in gross profit, $936M in EBITDA, and $452M in net income.

Core & Main P&L

In the most recent fiscal year, Core & Main reported revenue of $7B and EBITDA of $930M.

Core & Main expects next 12-month revenue of XXX and NTM EBITDA of XXX

Core & Main Stock Performance

Core & Main has current market cap of $10B, and enterprise value of $13B.

Core & Main's stock price is $54.67.

Core & Main Valuation Multiples

Core & Main trades at 1.6x EV/Revenue multiple, and 13.5x EV/EBITDA.

Core & Main Financial Valuation Multiples

As of March 7, 2026, Core & Main has market cap of $10B and EV of $13B.

Equity research analysts estimate Core & Main's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Core & Main has a P/E ratio of 22.8x.

Core & Main Margins & Growth Rates

Core & Main's revenue in the last 12 month grew by 4%.

Core & Main's revenue per employee in the last FY averaged $1.3M.

Core & Main's rule of 40 is 16% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Core & Main's rule of X is 22% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Core & Main Public Comps

See public comps and valuation multiples for other Wholesale Distribution comps.

Core & Main M&A Activity

Core & Main acquired XXX companies to date.

Last acquisition by Core & Main was on XXXXXXXX, XXXXX. Core & Main acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Core & Main Investment Activity

Core & Main invested in XXX companies to date.

Core & Main made its latest investment on XXXXXXXX, XXXXX. Core & Main invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).