Core & Main (CNM) EBIT Margin (2020 - 2026)

Core & Main (CNM) recorded quarterly EBIT Margin of 7.46% in Q1 2026, down 30.05% quarter-over-quarter from 10.67% in Q4 2025, and up 16.0% on a YoY basis from 6.43% in Q1 2025.

Core & Main (CNM) EBIT Margin (2020 - 2026) Analysis & Trends

Core & Main's EBIT Margin history runs 7 years deep, the most recent figure standing at 7.46% for Q1 2026.

  • In Q1 2026, EBIT Margin rose 16.0% year-over-year to 7.46%; the TTM figure through Feb 2026 stood at 9.44% (down 22.0% YoY), while the FY2026 annual figure was 9.44%, down 22.0% from the prior year.
  • EBIT Margin was 7.46% for Q1 2026 at Core & Main, down from 10.67% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 12.87% in Q4 2022 to a low of 7.3% in Q1 2025.
  • Historically, EBIT Margin has averaged 10.22% across 5 years, with a median of 10.39% in 2024.
  • The sharpest annual moves came in 2022 and 2024: EBIT Margin soared 503 bps in 2022, then plunged 185 bps in 2024.
  • A 5-year view of EBIT Margin shows it stood at 12.87% in 2022, then retreated by 8 bps to 11.88% in 2023, then slipped by 8 bps to 10.94% in 2024, then declined by 2 bps to 10.67% in 2025, then sank by 30 bps to 7.46% in 2026.
  • The last three EBIT Margin figures came in at 7.46% (Q1 2026), 10.67% (Q4 2025), and 10.18% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn 14.33%
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn 20.33%
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn 8.19%
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn 4.83%
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 7.19%
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn -14.56%
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn 11.02%
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn 7.46%
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn 7.26%
10 Msc Industrial Direct 6.54 Bn 6.49 Bn 377.59 Mn 7.06%

Historic Data

Download Data
DateValue
Feb 1, 2026 7.46%
Nov 2, 2025 10.67%
Aug 3, 2025 10.18%
May 4, 2025 8.95%
Feb 2, 2025 7.30%
Oct 27, 2024 10.94%
Jul 28, 2024 10.39%
Apr 28, 2024 9.65%
Jan 28, 2024 8.06%
Oct 29, 2023 11.88%
Jul 30, 2023 12.14%
Apr 30, 2023 11.50%
Jan 29, 2023 9.02%
Oct 30, 2022 12.87%
Jul 31, 2022 12.74%
May 1, 2022 11.26%
Jan 30, 2022 8.75%
Oct 31, 2021 10.46%
Aug 1, 2021 7.70%
May 2, 2021 6.54%