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Core & Main CNM Current ratio

Current ratio at other companies

Ferguson Enterprises logo
Ferguson EnterprisesFERG
1.8×0.0×
Watts Water Technologies, Inc. logo
Watts Water Technologies, Inc.WTS
2.7×+0.3×
Advanced Drainage Systems logo
Advanced Drainage SystemsWMS
2.4×-0.9×
Xylem logo
XylemXYL
1.5×-0.4×
Zurn Elkay Water Solutions logo
Zurn Elkay Water SolutionsZWS
3.2×+0.4×
Masco logo
MascoMAS
1.8×0.0×

Other financials

Income statement

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Revenue$1.9B-0.1%
Gross profit$520.0M+2.0%
Operating income$177.0M+3.5%
Net income$108.0M+8.0%
EPS (diluted)$0.57+9.6%

Balance sheet

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Cash & equivalents$150.0M+1,775%
Total debt$2.4B-3.4%
Total equity$2.0B+17.0%
Total assets$6.3B+0.7%

Cash flow

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Operating cash flow$82.0M+6.5%
CapEx$14.0M+7.7%
Free cash flow$68.0M+6.3%

Valuation

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Market cap$9.09B-4.9%
Enterprise value$11.39B-5.7%
P/E20.3×-2.7×
P/S1.2×-0.1×

Profitability

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Gross margin27.1%+0.5pp
Operating margin9.5%0.0pp
Net margin5.9%+0.4pp
FCF margin8%+0.3pp

Returns & leverage

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Return on equity23.7%-1.4pp
Debt / equity1.2×-0.3×

Where this comes from

Calculated from Core & Main’s reported figures.

Based on the most recent quarter.

The official record: Core & Main’s 10-Q, filed June 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Core & Main's current ratio?
Core & Main (CNM) reported current ratio of 2.3× in Q1 2026.
How has Core & Main's current ratio changed year-over-year?
Core & Main's current ratio increased by 17.9% year-over-year, from 2× to 2.3×.
What is the long-term trend for Core & Main's current ratio?
Over 5 years (2020 to 2025), Core & Main's current ratio has grown at a 0.6% compound annual growth rate (CAGR), from 2.6× to 2.6×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.