Growth Metrics

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

Core & Main has reported Gross Margin over the past 7 years, most recently at 27.07% for Q1 2026.

  • For Q1 2026, Gross Margin rose 51.0% year-over-year to 27.07%; the TTM value through Feb 2026 reached 26.93%, up 32.0%, while the annual FY2026 figure was 26.93%, 32.0% up from the prior year.
  • Gross Margin for Q1 2026 was 27.07% at Core & Main, roughly flat from 27.21% in the prior quarter.
  • Over five years, Gross Margin peaked at 27.89% in Q2 2023 and troughed at 26.24% in Q1 2022.
  • A 5-year average of 26.87% and a median of 26.88% in 2024 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: surged 199bps in 2022 and later tumbled -101bps in 2024.
  • Year by year, Gross Margin stood at 27.5% in 2022, then fell by -2bps to 27.04% in 2023, then fell by -1bps to 26.64% in 2024, then rose by 2bps to 27.21% in 2025, then fell by 0bps to 27.07% in 2026.
  • Business Quant data shows Gross Margin for CNM at 27.07% in Q1 2026, 27.21% in Q4 2025, and 26.76% in Q3 2025.