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

Core & Main's Net Margin history runs 7 years deep, the most recent figure standing at 4.62% for Q1 2026.

• In Q1 2026, Net Margin rose 67.0% year-over-year to 4.62%; the TTM figure through Feb 2026 stood at 6.04% (up 21.0% YoY), while the FY2026 annual figure was 6.04%, up 21.0% from the prior year.
• Net Margin was 4.62% for Q1 2026 at Core & Main, down from 6.94% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 9.79% in Q4 2022 to a low of 3.95% in Q1 2025.
• Historically, Net Margin has averaged 7.04% across 5 years, with a median of 6.87% in 2024.
• The sharpest annual moves came in 2022 and 2024: Net Margin surged 901 bps in 2022, then plunged 265 bps in 2024.
• A 5-year view of Net Margin shows it stood at 9.79% in 2022, then retreated by 12 bps to 8.65% in 2023, then fell by 21 bps to 6.87% in 2024, then rose by 1 bps to 6.94% in 2025, then plunged by 33 bps to 4.62% in 2026.
• The last three Net Margin figures came in at 4.62% (Q1 2026), 6.94% (Q4 2025), and 6.74% (Q3 2025), per Business Quant data.