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

Core & Main (CNM) recorded quarterly EBITDA Margin of 8.03% in Q1 2026, down 27.98% quarter-over-quarter from 11.15% in Q4 2025, and up 20.0% on a YoY basis from 6.69% in Q1 2025.

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

Core & Main's EBITDA Margin history runs 7 years deep, the most recent figure standing at 8.03% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 20.0% year-over-year to 8.03%; the TTM figure through Feb 2026 stood at 9.93% (down 21.0% YoY), while the FY2026 annual figure was 9.93%, down 21.0% from the prior year.
  • EBITDA Margin was 8.03% for Q1 2026 at Core & Main, down from 11.15% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 13.2% in Q4 2022 to a low of 7.83% in Q1 2025.
  • Historically, EBITDA Margin has averaged 10.65% across 5 years, with a median of 10.85% in 2024.
  • The sharpest annual moves came in 2022 and 2024: EBITDA Margin surged 491 bps in 2022, then tumbled 177 bps in 2024.
  • A 5-year view of EBITDA Margin shows it stood at 13.2% in 2022, then dropped by 7 bps to 12.26% in 2023, then declined by 7 bps to 11.38% in 2024, then dropped by 2 bps to 11.15% in 2025, then decreased by 28 bps to 8.03% in 2026.
  • The last three EBITDA Margin figures came in at 8.03% (Q1 2026), 11.15% (Q4 2025), and 10.61% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA 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 2.09%
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 7.19%
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn -11.83%
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 8.03%
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 8.03%
Nov 2, 2025 11.15%
Aug 3, 2025 10.61%
May 4, 2025 9.42%
Feb 2, 2025 7.83%
Oct 27, 2024 11.38%
Jul 28, 2024 10.85%
Apr 28, 2024 10.11%
Jan 28, 2024 8.54%
Oct 29, 2023 12.26%
Jul 30, 2023 12.52%
Apr 30, 2023 11.88%
Jan 29, 2023 9.46%
Oct 30, 2022 13.20%
Jul 31, 2022 13.00%
May 1, 2022 11.64%
Jan 30, 2022 9.15%
Oct 31, 2021 10.89%
Aug 1, 2021 8.09%
May 2, 2021 7.11%