Core & Main (CNM) FCF Margin (2020 - 2026)
Core & Main (CNM) recorded quarterly FCF Margin of 16.0% in Q1 2026, up 25.46% quarter-over-quarter from 12.75% in Q4 2025, and up 281.0% on a YoY basis from 4.2% in Q1 2025.
Core & Main (CNM) FCF Margin (2020 - 2026) Analysis & Trends
Core & Main's FCF Margin history runs 7 years deep, the most recent figure standing at 16.0% for Q1 2026.
- In Q1 2026, FCF Margin rose 281.0% year-over-year to 16.0%; the TTM figure through Feb 2026 stood at 7.9% (up 2.0% YoY), while the FY2026 annual figure was 7.9%, up 2.0% from the prior year.
- FCF Margin was 16.0% for Q1 2026 at Core & Main, up from 12.75% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 21.98% in Q1 2023 to a low of 2.69% in Q2 2022.
- Historically, FCF Margin has averaged 8.9% across 5 years, with a median of 8.2% in 2022.
- The sharpest annual moves came in 2023 and 2024: FCF Margin jumped 2262 bps in 2023, then tumbled 1290 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 8.2% in 2022, then soared by 136 bps to 19.38% in 2023, then sank by 36 bps to 12.37% in 2024, then increased by 3 bps to 12.75% in 2025, then increased by 25 bps to 16.0% in 2026.
- The last three FCF Margin figures came in at 16.0% (Q1 2026), 12.75% (Q4 2025), and 1.15% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 6.08% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 14.51% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 10.17% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 3.26% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | -1.69% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 2.78% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 7.62% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 16.00% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 1.51% |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 7.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 16.00% |
| Nov 2, 2025 | 12.75% |
| Aug 3, 2025 | 1.15% |
| May 4, 2025 | 3.35% |
| Feb 2, 2025 | 13.19% |
| Oct 27, 2024 | 12.37% |
| Jul 28, 2024 | 1.99% |
| Apr 28, 2024 | 4.08% |
| Jan 28, 2024 | 20.07% |
| Oct 29, 2023 | 19.38% |
| Jul 30, 2023 | 14.88% |
| Apr 30, 2023 | 6.99% |
| Jan 29, 2023 | 21.98% |
| Oct 30, 2022 | 8.20% |
| Jul 31, 2022 | -1.72% |
| May 1, 2022 | -2.69% |
| Jan 30, 2022 | -0.64% |
| Oct 31, 2021 | 2.06% |
| Aug 1, 2021 | -4.55% |
| May 2, 2021 | -4.55% |