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

46.85 1.78 −3.66%
Market cap
$8.9B
P/E
19.3×
Fwd P/E
16.8×
Dividend yield
—
F-score
7/9
Altman Z
3.62
Beneish M
−2.65
Dividend safety
72/100

Core & Main, Inc. (CNM) Operating margin

Alert me on 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

Against its own ten years

Low 4.57% High 11.7%
Ten-year median 9.09%
Current reading's percentile 43

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

The full definition of Operating margin →

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