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

Core & Main (CNM) recorded quarterly Equity Ratio of 0.34 in Q1 2026, up 8.61% quarter-over-quarter from 0.31 in Q4 2025, and up 12.78% on a YoY basis from 0.3 in Q1 2025.

Core & Main (CNM) Equity Ratio (2021 - 2026) Analysis & Trends

Core & Main's Equity Ratio history runs 6 years deep, the most recent figure standing at 0.34 for Q1 2026.

  • In Q1 2026, Equity Ratio rose 12.78% year-over-year to 0.34; the TTM figure through Feb 2026 stood at 0.34 (up 12.78% YoY), while the FY2026 annual figure was 0.34, up 12.78% from the prior year.
  • Equity Ratio was 0.34 for Q1 2026 at Core & Main, up from 0.31 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.49 in Q1 2023 to a low of 0.27 in Q2 2024.
  • Historically, Equity Ratio has averaged 0.36 across 5 years, with a median of 0.34 in 2026.
  • The sharpest annual moves came in 2023 and 2024: Equity Ratio grew 18.89% in 2023, then plunged 38.81% in 2024.
  • A 5-year view of Equity Ratio shows it stood at 0.45 in 2022, then fell by 3.54% to 0.44 in 2023, then plunged by 35.59% to 0.28 in 2024, then gained by 11.45% to 0.31 in 2025, then advanced by 8.61% to 0.34 in 2026.
  • The last three Equity Ratio figures came in at 0.34 (Q1 2026), 0.31 (Q4 2025), and 0.31 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 W.W. Grainger 62.43 Bn 62.25 Bn 1.75 Bn 0.46
2 Fastenal 52.87 Bn 52.56 Bn 982.90 Mn 0.77
3 Ferguson Enterprises 43.71 Bn 42.89 Bn 2.32 Bn 0.33
4 Wesco International 17.21 Bn 16.51 Bn 1.29 Bn 0.30
5 Watsco 14.12 Bn 13.98 Bn 427.56 Mn 0.59
6 Applied Industrial Technologies 11.70 Bn 11.53 Bn 380.80 Mn 0.62
7 Qxo 11.53 Bn 8.48 Bn 409.30 Mn 0.61
8 Core & Main 9.91 Bn 9.77 Bn 428.00 Mn 0.34
9 Pool 6.54 Bn 6.47 Bn 329.87 Mn 0.28
10 Msc Industrial Direct 6.47 Bn 6.42 Bn 377.59 Mn 0.56

Historic Data

Download Data
DateValue
Feb 1, 2026 0.34
Nov 2, 2025 0.31
Aug 3, 2025 0.31
May 4, 2025 0.29
Feb 2, 2025 0.30
Oct 27, 2024 0.28
Jul 28, 2024 0.28
Apr 28, 2024 0.27
Jan 28, 2024 0.30
Oct 29, 2023 0.44
Jul 30, 2023 0.44
Apr 30, 2023 0.44
Jan 29, 2023 0.49
Oct 30, 2022 0.45
Jul 31, 2022 0.42
May 1, 2022 0.41
Jan 30, 2022 0.41
Oct 31, 2021 0.40
Aug 1, 2021 0.38