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Core & Main CNM Interest coverage

Interest coverage at other companies

Ferguson Enterprises logo
Ferguson EnterprisesFERG
14.8×
Watts Water Technologies, Inc. logo
Watts Water Technologies, Inc.WTS
46.1×+17.2×
Xylem logo
XylemXYL
49.3×+19.2×
Zurn Elkay Water Solutions logo
Zurn Elkay Water SolutionsZWS
10.8×+2.8×
Masco logo
MascoMAS
12.7×-0.5×
Flowserve logo
FlowserveFLS
4.9×-1.7×

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×
Current ratio2.3×+0.4×

Where this comes from

Calculated from Core & Main’s reported figures.

Based on trailing twelve months.

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 interest coverage?
Core & Main (CNM) reported interest coverage of 6.2× in Q1 2026.
How has Core & Main's interest coverage changed year-over-year?
Core & Main's interest coverage increased by 18.9% year-over-year, from 5.2× to 6.2×.
What is the long-term trend for Core & Main's interest coverage?
Over 5 years (2020 to 2025), Core & Main's interest coverage has grown at a 35.2% compound annual growth rate (CAGR), from 1.3× to 6×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.