Core & Main (CNM) Debt Ratio (2021 - 2026)

Core & Main's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.35 for Q1 2026.

• In Q1 2026, Debt Ratio fell 8.35% year-over-year to 0.35; the TTM figure through Feb 2026 stood at 0.35 (down 8.35% YoY), while the FY2026 annual figure was 0.35, down 8.35% from the prior year.
• Debt Ratio was 0.35 for Q1 2026 at Core & Main, up from 0.34 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.4 in Q2 2024 to a low of 0.29 in Q4 2023.
• Historically, Debt Ratio has averaged 0.34 across 5 years, with a median of 0.34 in 2025.
• The sharpest annual moves came in 2022 and 2024: Debt Ratio slumped 42.53% in 2022, then surged 35.24% in 2024.
• A 5-year view of Debt Ratio shows it stood at 0.3 in 2022, then decreased by 4.24% to 0.29 in 2023, then soared by 35.24% to 0.39 in 2024, then declined by 11.76% to 0.34 in 2025, then advanced by 3.29% to 0.35 in 2026.
• The last three Debt Ratio figures came in at 0.35 (Q1 2026), 0.34 (Q4 2025), and 0.36 (Q3 2025), per Business Quant data.