Core & Main (CNM) Net Margin (2020 - 2026)
Core & Main (CNM) posted quarterly Net Margin of 5.92% for Q2 2026, up 42.0% year-over-year from 4.17% in Q2 2025, and up 28.13% quarter-over-quarter from 4.62% in Q1 2026.
Core & Main (CNM) Net Margin (2020 - 2026) Analysis & Trends
Core & Main's Net Margin history runs 7 years deep, the most recent figure standing at 5.92% for Q2 2026.
- In Q2 2026, Net Margin rose 42.0% year-over-year to 5.92%; the TTM figure through May 2026 stood at 6.15% (up 39.0% YoY), while the FY2026 annual figure was 6.04%, up 21.0% from the prior year.
- Net Margin for Q2 2026 stood at 5.92%, up from 4.62% in the prior quarter.
- The five-year high for Net Margin was 9.79% in Q4 2022, with the low at 3.95% in Q1 2025.
- The 5-year median for Net Margin is 6.8% (2024), against an average of 6.98%.
- The sharpest annual moves came in 2022 and 2024: Net Margin jumped 901 bps in 2022, then tumbled 265 bps in 2024.
- Core & Main's Net Margin stood at 9.79% in 2022, then fell by 12 bps to 8.65% in 2023, then declined by 21 bps to 6.87% in 2024, then increased by 1 bps to 6.94% in 2025, then slipped by 15 bps to 5.92% in 2026.
- Business Quant data shows CNM's Net Margin at 5.92% in Q2 2026, 4.62% in Q1 2026, and 6.94% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.29 Bn | 62.09 Bn | 1.98 Bn | 11.95% |
| 2 | Fastenal | 58.55 Bn | 58.34 Bn | 1.06 Bn | 16.04% |
| 3 | Ferguson Enterprises | 47.55 Bn | 46.73 Bn | 2.32 Bn | 5.54% |
| 4 | Wesco International | 26.87 Bn | 26.06 Bn | 1.46 Bn | 3.14% |
| 5 | Applied Industrial Technologies | 13.33 Bn | 13.20 Bn | 411.22 Mn | 8.77% |
| 6 | Watsco | 12.91 Bn | 12.92 Bn | 578.93 Mn | 9.09% |
| 7 | Core & Main | 8.64 Bn | 8.56 Bn | 520.00 Mn | 5.92% |
| 8 | Pool | 7.08 Bn | 7.05 Bn | 540.76 Mn | 10.32% |
| 9 | Msc Industrial Direct | 6.92 Bn | 6.84 Bn | 430.41 Mn | 7.52% |
| 10 | Xometry | 5.35 Bn | 4.83 Bn | 87.15 Mn | -2.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 5.92% |
| Feb 1, 2026 | 4.62% |
| Nov 2, 2025 | 6.94% |
| Aug 3, 2025 | 6.74% |
| May 4, 2025 | 5.49% |
| Feb 2, 2025 | 3.95% |
| Oct 27, 2024 | 6.87% |
| Jul 28, 2024 | 6.42% |
| Apr 28, 2024 | 5.80% |
| Jan 28, 2024 | 5.28% |
| Oct 29, 2023 | 8.65% |
| Jul 30, 2023 | 8.81% |
| Apr 30, 2023 | 8.45% |
| Jan 29, 2023 | 6.11% |
| Oct 30, 2022 | 9.79% |
| Jul 31, 2022 | 9.78% |
| May 1, 2022 | 8.57% |
| Jan 30, 2022 | 7.38% |
| Oct 31, 2021 | 7.76% |
| Aug 1, 2021 | 0.77% |