CNMCore & Main, Inc.

$43.37

Is it safe?

Can CNM take a bad year?

Core & Main, Inc. carries $1.99B of net debt at 2.18× EBITDA: a load its earnings can carry.

$1.99B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.18×

Net debt / EBITDA · 2.47× a year ago · the load is coming down

Altman Z-score
3.50

Altman Z-score · safe zone, above 3

Debt / equity
1.05×

Debt / equity

Details
Total debtQ1 2026
$2.14B
Cash and short-term investments
$150M
Net debt
$1.99B
EBITDA, trailing twelve months
$914M
Operating profit, trailing twelve months
$728M
Debt / equity
1.05×
Total debt / EBITDA
2.35×
Annualised volatilitytwo years of daily moves
40%
Worst drawdown on file
−40%
Below its 52-week high
−35%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.