Core & Main CNM Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 27.1%+0.5pp | 26.9%+0.3pp | 26.8%+0.2pp | 26.7%-0.1pp | 26.6%-0.3pp | |
| Operating margin | 9.5%0.0pp | 9.4%-0.2pp | 9.4%-0.5pp | 9.4%-0.7pp | 9.5%-1.1pp | |
| Net margin | 5.9%+0.4pp | 5.8%+0.2pp | 5.6%-0.1pp | 5.6%0.0pp | 5.5%-0.1pp | |
| Returns | ||||||
| Return on equity | 23.7%-1.4pp | 23.9%-2.2pp | 23.8%0.0pp | 24.4%+1.1pp | 25.1%+1.3pp | |
| Return on invested capital | 12.9%+0.1pp | 13.1%-0.9pp | 12.8%-1.4pp | 12.8%-1.5pp | 12.8%-2.4pp | |
| Efficiency | ||||||
| Asset turnover | 1.2×0.0× | 1.3×-0.1× | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.3×+0.4× | 2.6×+0.3× | 2.3×+0.1× | 2.2×0.0× | 2×-0.2× | |
| Leverage | ||||||
| Debt-to-equity | 1.2×-0.3× | 1.2×-0.3× | 1.2×-0.3× | 1.3×-0.3× | 1.5×-0.2× | |
| Net debt / EBITDA | 2.5×-0.3× | 2.4×-0.3× | 2.5×-0.4× | 2.7×-0.3× | 2.7×-0.2× | |
| Per Share | ||||||
| Book value per share | $10.43+18.8% | $10.09+19.7% | $9.99+20.3% | $9.51+17.2% | $8.78+13.3% | |
| Valuation | ||||||
| Market capitalization | $9.47B-4.9% | $10.07B-6.1% | $9.95B+16.6% | $12.07B+17.4% | $9.96B-2.7% | |
| Price / earnings | 21.1×-2.8× | 22.8×-3.3× | 22.9×+2.1× | 28×+1.6× | 23.9×-3.0× | |
| Price / sales | 1.2×-0.1× | 1.3×-0.1× | 1.3×+0.1× | 1.6×+0.1× | 1.3×-0.2× | |
| Price / book | 4.6×-1.1× | 5×-1.3× | 5×-0.1× | 6.4×+0.1× | 5.7×-0.8× | |
| EV / EBITDA | 12.8×-0.8× | 13.4×-1.0× | 13.3×+0.9× | 15.7×+1.1× | 13.6×-0.8× |
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.
