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

Core & Main (CNM) posted quarterly FCF Margin of 3.56% for Q2 2026, up 21.0% year-over-year from 2.94% in Q2 2025, and down 77.75% quarter-over-quarter from 16.0% in Q1 2026.

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 3.56% for Q2 2026.

  • In Q2 2026, FCF Margin rose 21.0% year-over-year to 3.56%; the TTM figure through May 2026 stood at 7.95% (up 34.0% YoY), while the FY2026 annual figure was 7.9%, up 2.0% from the prior year.
  • FCF Margin for Q2 2026 stood at 3.56%, down from 16.0% in the prior quarter.
  • The five-year high for FCF Margin was 21.98% in Q1 2023, with the low at 2.69% in Q2 2022.
  • The 5-year median for FCF Margin is 7.59% (2022), against an average of 8.6%.
  • The sharpest annual moves came in 2023 and 2024: FCF Margin soared 2262 bps in 2023, then slumped 1290 bps in 2024.
  • Core & Main's FCF Margin stood at 8.2% in 2022, then surged by 136 bps to 19.38% in 2023, then plunged by 36 bps to 12.37% in 2024, then grew by 3 bps to 12.75% in 2025, then tumbled by 72 bps to 3.56% in 2026.
  • Business Quant data shows CNM's FCF Margin at 3.56% in Q2 2026, 16.0% in Q1 2026, and 12.75% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 W.W. Grainger 62.04 Bn 61.46 Bn 1.98 Bn -
2 Fastenal 59.03 Bn 58.83 Bn 1.06 Bn 8.45%
3 Ferguson Enterprises 47.99 Bn 47.17 Bn 2.32 Bn 9.10%
4 Wesco International 17.78 Bn 16.97 Bn 1.46 Bn 0.38%
5 Applied Industrial Technologies 13.25 Bn 13.08 Bn 380.80 Mn 7.62%
6 Watsco 11.97 Bn 11.50 Bn 578.93 Mn -0.55%
7 Core & Main 8.70 Bn 8.55 Bn 520.00 Mn 3.56%
8 Pool 7.21 Bn 7.18 Bn 540.76 Mn -2.99%
9 Msc Industrial Direct 6.76 Bn 6.69 Bn 430.41 Mn 7.73%
10 Xometry 5.15 Bn 4.63 Bn 87.15 Mn 1.27%

Historic Data

Download Data
DateValue
May 3, 2026 3.56%
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%