Core & Main (CNM) Debt Ratio (2021 - 2026)
Core & Main's (CNM) Debt Ratio was 0.37 for fiscal Q2 2027 (quarter ended Aug 2, 2026), up 1.9% from 0.36 a year earlier and up 7.7% from the prior quarter.
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Analysis
Core & Main (CNM) Debt Ratio (2021 - 2026) Analysis & Trends
For FY2026 (ended Feb 1, 2026), Debt Ratio at Core & Main was 0.35, down 8.4% from FY2025.
- By fiscal year, Debt Ratio came in at 0.39 in FY2025 (+4.0%), 0.37 in FY2024 (+24.7%), 0.30 in FY2023 (-10.4%) and 0.33 in FY2022 (-42.5%).
- The fiscal Q2 2027 figure ranks as the highest quarterly Debt Ratio since fiscal Q4 2025.
- Year over year, Debt Ratio gained in three of the last eight quarters, with an average decline of 0.6%.
- The high point for year-over-year Debt Ratio in five years was fiscal Q3 2025 (growth of 35.2%); the low point was fiscal Q4 2022 (a decline of 42.5%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 0.34 (Q1 2027), 0.35 (Q4 2026) and 0.34 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 73.16 Bn | 72.28 Bn | 2.05 Bn | 0.45 |
| 2 | W.W. Grainger | 64.14 Bn | 61.74 Bn | 1.98 Bn | 0.25 |
| 3 | Fastenal | 59.79 Bn | 58.78 Bn | 1.10 Bn | 0.02 |
| 4 | Ferguson Enterprises | 46.88 Bn | 44.09 Bn | 2.32 Bn | 0.23 |
| 5 | Sunbelt Rentals Holdings | 33.92 Bn | 33.80 Bn | 1.25 Bn | 0.36 |
| 6 | Reliance | 22.29 Bn | 21.34 Bn | 1.45 Bn | 0.14 |
| 7 | Wesco International | 16.76 Bn | 13.81 Bn | 1.57 Bn | 0.32 |
| 8 | Watsco | 11.59 Bn | 11.59 Bn | 586.29 Mn | - |
| 9 | Applied Industrial Technologies | 10.91 Bn | 10.80 Bn | 392.21 Mn | 0.09 |
| 10 | Core & Main | 8.32 Bn | 7.55 Bn | 573.00 Mn | 0.37 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 0.37 |
| May 3, 2026 | 0.34 |
| Feb 1, 2026 | 0.35 |
| Nov 2, 2025 | 0.34 |
| Aug 3, 2025 | 0.36 |
| May 4, 2025 | 0.36 |
| Feb 2, 2025 | 0.39 |
| Oct 27, 2024 | 0.39 |
| Jul 28, 2024 | 0.40 |
| Apr 28, 2024 | 0.40 |
| Jan 28, 2024 | 0.37 |
| Oct 29, 2023 | 0.29 |
| Jul 30, 2023 | 0.31 |
| Apr 30, 2023 | 0.32 |
| Jan 29, 2023 | 0.30 |
| Oct 30, 2022 | 0.30 |
| Jul 31, 2022 | 0.31 |
| May 1, 2022 | 0.31 |
| Jan 30, 2022 | 0.33 |
| Oct 31, 2021 | 0.34 |
API Access
Core & Main Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CNM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();