Core & Main, Inc.
CNM Industrials Industrial Distribution
Core & Main, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $7.6 billion, up 2.77% from fiscal 2025.
- Revenue
- +2.48%
- EPS
- +8.45%
- Free cash flow
- +83.3%
- Total debt
- +8.46%
Quarter to July 2026, against a year earlier
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Core & Main, Inc. (CNM) Operating margin
Core & Main, Inc.'s operating margin over the twelve months to 31 July 2026 was 9.64%, up 0.2 percentage points from fiscal 2026 (9.44%). Over the past ten years it has ranged from 4.57% (fiscal 2020) to 11.7% (fiscal 2023); the current reading is higher than 63% of that period. That is above the Industrial Distribution industry median of 7.44% and above the Industrials sector median of 5.21%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 9.44% | (0.22) |
| FY2025 | 9.66% | (1.38) |
| FY2024 | 11.0% | (0.61) |
| FY2023 | 11.7% | 3.16 |
| FY2022 | 8.49% | 3.41 |
| FY2021 | 5.08% | 0.51 |
| FY2020 | 4.57% | (4.17) |
| FY2019 | 8.74% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jul 2026 | 10.6% | 1.31 |
| Apr 2026 | 9.27% | 1.81 |
| Jan 2026 | 7.46% | (3.21) |
| Oct 2025 | 10.7% | 0.49 |
| 22 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| AIT Applied Industrial Technologies, Inc. compare | 11.2% |
| POOL Pool Corporation compare | 10.5% |
| CNM Core & Main, Inc. | 9.64% |
| WSO.B Watsco, Inc. compare | 9.40% |
| WSO Watsco, Inc. compare | 9.08% |
| MSM MSC Industrial Direct Company, Inc. compare | 7.99% |
| WCC WESCO International, Inc. compare | 5.57% |
| XMTR Xometry, Inc. compare | −2.22% |
| QXO QXO, Inc. compare | −3.40% |
| Industrial Distribution industry median | 7.44% |
| Industrials sector median | 5.21% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
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