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.

  • Quarterly results put Gross Margin at 27.07% for Q1 2026, up 51.0% from a year ago — trailing twelve months through Feb 2026 was 26.93% (up 32.0% YoY), and the annual figure for FY2026 was 26.93%, up 32.0%.
  • Gross Margin for Q1 2026 was 27.07% at Core & Main, roughly flat from 27.21% in the prior quarter.
  • Over the last five years, Gross Margin for CNM hit a ceiling of 27.89% in Q2 2023 and a floor of 26.24% in Q1 2022.
  • Median Gross Margin over the past 5 years was 26.88% (2024), compared with a mean of 26.87%.
  • Biggest five-year swings in Gross Margin: skyrocketed 199bps in 2022 and later plummeted -101bps in 2024.
  • Core & Main's Gross Margin stood at 27.5% in 2022, then decreased by -2bps to 27.04% in 2023, then decreased by -1bps to 26.64% in 2024, then increased by 2bps to 27.21% in 2025, then decreased by 0bps to 27.07% in 2026.
  • The last three reported values for Gross Margin were 27.07% (Q1 2026), 27.21% (Q4 2025), and 26.76% (Q3 2025) per Business Quant data.