Core & Main CNM Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 26.9%+0.3pp | 26.6%-0.5pp | 27.1%+0.1pp | 27%+1.4pp | |
| Operating margin | 9.4%-0.2pp | 9.7%-1.4pp | 11%-0.6pp | 11.7%+3.2pp | |
| Net margin | 5.8%+0.2pp | 5.5%0.0pp | 5.5%0.0pp | 5.5%+1.3pp | |
| EBITDA margin | 12%-0.3pp | 12.3%-1.1pp | 13.3%-0.5pp | 13.9%+2.4pp | |
| Free cash flow margin | 7.9%0.0pp | 7.9%-7.5pp | 15.4%+9.7pp | 5.7%— | |
| Returns | |||||
| Return on equity | 23.9%-2.2pp | 26.1%+2.9pp | 23.2%-0.6pp | 23.8%+4.1pp | |
| Return on assets | 7.4%-0.1pp | 7.5%+0.1pp | 7.4%-0.4pp | 7.8%+2.8pp | |
| Return on invested capital | 13.1%-0.9pp | 14%-3.7pp | 17.7%-2.9pp | 20.6%+8.6pp | |
| Efficiency | |||||
| Asset turnover | 1.3×-0.1× | 1.4×0.0× | 1.3×-0.1× | 1.4×+0.2× | |
| Inventory turnover | 5.9×-0.6× | 6.5×+1.1× | 5.4×+0.3× | 5.1×-0.9× | |
| Liquidity | |||||
| Current ratio | 2.6×+0.3× | 2.3×0.0× | 2.3×-0.8× | 3×+0.9× | |
| Quick ratio | 1.5×+0.2× | 1.3×0.0× | 1.3×-0.3× | 1.6×+0.5× | |
| Cash ratio | 0.3×+0.2× | 0×0.0× | 0×-0.2× | 0.2×+0.2× | |
| Leverage | |||||
| Debt-to-equity | 1.2×-0.3× | 1.5×0.0× | 1.4×+0.5× | 0.9×-0.3× | |
| Debt-to-assets | 0.4×0.0× | 0.4×0.0× | 0.4×+0.1× | 0.3×0.0× | |
| Net debt / EBITDA | 2.4×-0.3× | 2.7×+0.4× | 2.3×+0.7× | 1.6×-1.2× | |
| Interest coverage | 6×+1.0× | 5.1×-4.1× | 9.1×-2.6× | 11.7×+7.4× | |
| Per Share | |||||
| Book value per share | $10.09+19.7% | $8.43+32.3% | $6.37-10.2% | $7.10+31.9% | |
| Valuation | |||||
| Market capitalization | $10.07B-6.1% | $10.73B+43.3% | $7.49B+97.8% | $3.79B-36.0% | |
| Enterprise value | $12.29B-7.1% | $13.23B+38.4% | $9.56B+82.3% | $5.24B-30.5% | |
| Price / earnings | 22.8×-3.3× | 26.1×+5.9× | 20.2×+9.8× | 10.3×-17.8× | |
| Price / sales | 1.3×-0.1× | 1.4×+0.3× | 1.1×+0.5× | 0.6×-0.6× | |
| Price / book | 5×-1.3× | 6.3×+1.2× | 5.2×+3.0× | 2.2×-2.3× | |
| EV / EBITDA | 13.4×-1.0× | 14.5×+3.8× | 10.7×+5.0× | 5.7×-7.4× | |
| EV / sales | 1.6×-0.2× | 1.8×+0.4× | 1.4×+0.6× | 0.8×-0.7× | |
| Free cash flow yield | 6%+0.5pp | 5.5%-8.3pp | 13.8%+3.8pp | 9.9%— | |
| Earnings yield | 4.4%+0.5pp | 3.8%-1.1pp | 5%-4.7pp | 9.7%+6.1pp | |
| PEG ratio | 3.1×+0.7× | 2.4×-12.4× | 14.8×+14.6× | 0.1×+0.1× |
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.
