Core & Main (CNM) Interest Coverage Ratio (2020 - 2026)
Core & Main (CNM) recorded quarterly Interest Coverage Ratio of 4.07 in Q1 2026, down 44.51% quarter-over-quarter from 7.33 in Q4 2025, and up 18.13% on a YoY basis from 3.44 in Q1 2025.
Core & Main (CNM) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Core & Main's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 4.07 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 18.13% year-over-year to 4.07; the TTM figure through Feb 2026 stood at 6.02 (up 18.83% YoY), while the FY2026 annual figure was 6.02, up 18.83% from the prior year.
- Interest Coverage Ratio was 4.07 for Q1 2026 at Core & Main, down from 7.33 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 14.62 in Q4 2022 to a low of 3.44 in Q1 2025.
- Historically, Interest Coverage Ratio has averaged 8.13 across 5 years, with a median of 6.87 in 2025.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio surged 819.43% in 2022, then slumped 53.59% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 14.62 in 2022, then slipped by 25.81% to 10.85 in 2023, then plunged by 42.91% to 6.19 in 2024, then advanced by 18.39% to 7.33 in 2025, then tumbled by 44.51% to 4.07 in 2026.
- The last three Interest Coverage Ratio figures came in at 4.07 (Q1 2026), 7.33 (Q4 2025), and 6.87 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | - |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 559.50 |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | - |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | - |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | - |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | - |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | - |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 4.07 |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | - |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 11.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 4.07 |
| Nov 2, 2025 | 7.33 |
| Aug 3, 2025 | 6.87 |
| May 4, 2025 | 5.70 |
| Feb 2, 2025 | 3.44 |
| Oct 27, 2024 | 6.19 |
| Jul 28, 2024 | 5.67 |
| Apr 28, 2024 | 4.94 |
| Jan 28, 2024 | 5.27 |
| Oct 29, 2023 | 10.85 |
| Jul 30, 2023 | 10.27 |
| Apr 30, 2023 | 10.65 |
| Jan 29, 2023 | 6.20 |
| Oct 30, 2022 | 14.63 |
| Jul 31, 2022 | 13.94 |
| May 1, 2022 | 13.85 |
| Jan 30, 2022 | 8.38 |
| Oct 31, 2021 | 12.25 |
| Aug 1, 2021 | 2.70 |
| May 2, 2021 | 1.92 |