Core & Main Inc (CNM) — Tangible Net Worth Ratio

Latest as of April 2026: 62.6%

Core & Main Inc (CNM) has a Tangible Net Worth Ratio of 62.6% as of April 2026. This metric is calculated by deducting intangible assets ($791.00 Million) from net assets ($2.11 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Core & Main Inc net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

62.6%
Tangible equity / total equity

Net Assets (Equity)

$2.11 Billion
USD

Intangible Assets

$791.00 Million
Goodwill, patents, brand value

Total Assets

$6.32 Billion
USD

Core & Main Inc Tangible Net Worth Ratio (2020–2026)

This chart shows how Core & Main Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2020 to 2026. As of April 2026, the ratio stands at 62.6%, reflecting net assets of $2.11 Billion with intangible assets of $791.00 Million USD. For live market cap and overall valuation, see Core & Main Inc stock valuation.

Annual Tangible Net Worth Ratio for Core & Main Inc (2020–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Core & Main Inc from 2020 to 2026, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore CNM capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2026 60.3% $2.07 Billion $823.00 Million $6.08 Billion ▲ +13.0 pp
2025 47.3% $1.77 Billion $935.00 Million $5.87 Billion ▼ -1.3 pp
2024 48.6% $1.52 Billion $784.00 Million $5.07 Billion ▼ -18.5 pp
2023 67.0% $2.41 Billion $795.00 Million $4.91 Billion ▲ +14.6 pp
2022 52.4% $1.83 Billion $871.00 Million $4.43 Billion ▲ +67.2 pp
2021 -14.7% $801.00 Million $919.00 Million $3.92 Billion ▲ +28.1 pp
2020 -42.8% $641.50 Million $916.00 Million $3.20 Billion
pp = percentage points