Core & Main CNM Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 27.1%+0.1pp | 26.9%+0.1pp | 26.8%+0.1pp | 26.7%+0.1pp | 26.6%0.0pp | |
| Operating margin | 9.5%+0.1pp | 9.4%+0.1pp | 9.4%-0.1pp | 9.4%0.0pp | 9.5%-0.2pp | |
| Net margin | 5.9%+0.1pp | 5.8%+0.2pp | 5.6%0.0pp | 5.6%+0.1pp | 5.5%-0.1pp | |
| Returns | ||||||
| Return on equity | 23.7%-0.1pp | 23.9%0.0pp | 23.8%-0.6pp | 24.4%-0.7pp | 25.1%-1.0pp | |
| Return on invested capital | 12.9%-0.1pp | 13.1%+0.2pp | 12.8%0.0pp | 12.8%-0.1pp | 12.8%-1.2pp | |
| Efficiency | ||||||
| Asset turnover | 1.2×-0.1× | 1.3×0.0× | 1.2×0.0× | 1.2×0.0× | 1.2×-0.1× | |
| Liquidity | ||||||
| Current ratio | 2.3×-0.3× | 2.6×+0.4× | 2.3×0.0× | 2.2×+0.3× | 2×-0.4× | |
| Leverage | ||||||
| Debt-to-equity | 1.2×0.0× | 1.2×0.0× | 1.2×-0.1× | 1.3×-0.1× | 1.5×0.0× | |
| Net debt / EBITDA | 2.5×+0.1× | 2.4×-0.1× | 2.5×-0.2× | 2.7×0.0× | 2.7×0.0× | |
| Per Share | ||||||
| Book value per share | $10.43+3.3% | $10.09+1.0% | $9.99+5.0% | $9.51+8.4% | $8.78+4.1% | |
| Valuation | ||||||
| Market capitalization | $9.47B-6.0% | $10.07B+1.2% | $9.95B-17.6% | $12.07B+21.2% | $9.96B-7.2% | |
| Price / earnings | 21.1×-1.7× | 22.8×0.0× | 22.9×-5.1× | 28×+4.1× | 23.9×-2.2× | |
| Price / sales | 1.2×-0.1× | 1.3×0.0× | 1.3×-0.3× | 1.6×+0.3× | 1.3×-0.1× | |
| Price / book | 4.6×-0.4× | 5×0.0× | 5×-1.4× | 6.4×+0.7× | 5.7×-0.6× | |
| EV / EBITDA | 12.8×-0.6× | 13.4×+0.1× | 13.3×-2.4× | 15.7×+2.1× | 13.6×-0.9× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Core & Main's profit margins?
- Core & Main (CNM) runs a 27.1% gross margin and a 9.5% operating margin, with a 5.9% net margin.
- Where do Core & Main's ratios come from?
- Every ratio is computed from Core & Main's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
