Core & Main (CNM) Operating Income (2020 - 2026)
Core & Main (CNM) recorded quarterly Operating Income of $118.0 million in Q1 2026, down 46.36% quarter-over-quarter from $220.0 million in Q4 2025, and down 4.84% on a YoY basis from $124.0 million in Q1 2025.
Core & Main (CNM) Operating Income (2020 - 2026) Analysis & Trends
Core & Main's Operating Income history runs 7 years deep, the most recent figure standing at $118.0 million for Q1 2026.
- In Q1 2026, Operating Income fell 4.84% year-over-year to $118.0 million; the TTM figure through Feb 2026 stood at $722.0 million (changed 0.42% YoY), while the FY2026 annual figure was $722.0 million, changed 0.42% from the prior year.
- Operating Income was $118.0 million for Q1 2026 at Core & Main, down from $220.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $237.0 million in Q3 2022 to a low of $109.0 million in Q1 2022.
- Historically, Operating Income has averaged $180.3 million across 5 years, with a median of $181.0 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Income jumped 239.56% in 2022, then decreased 9.73% in 2024.
- A 5-year view of Operating Income shows it stood at $234.0 million in 2022, then declined by 7.26% to $217.0 million in 2023, then gained by 2.76% to $223.0 million in 2024, then slipped by 1.35% to $220.0 million in 2025, then tumbled by 46.36% to $118.0 million in 2026.
- The last three Operating Income figures came in at $118.0 million (Q1 2026), $220.0 million (Q4 2025), and $213.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.43 Bn | 62.25 Bn | 1.75 Bn | 634.00 Mn |
| 2 | Fastenal | 52.87 Bn | 52.56 Bn | 982.90 Mn | 447.60 Mn |
| 3 | Ferguson Enterprises | 43.71 Bn | 42.89 Bn | 2.32 Bn | 612.00 Mn |
| 4 | Wesco International | 17.21 Bn | 16.51 Bn | 1.29 Bn | 293.50 Mn |
| 5 | Watsco | 14.12 Bn | 13.98 Bn | 427.56 Mn | 110.18 Mn |
| 6 | Applied Industrial Technologies | 11.70 Bn | 11.53 Bn | 380.80 Mn | 137.93 Mn |
| 7 | Qxo | 11.53 Bn | 8.48 Bn | 409.30 Mn | -251.90 Mn |
| 8 | Core & Main | 9.91 Bn | 9.77 Bn | 428.00 Mn | 118.00 Mn |
| 9 | Pool | 6.54 Bn | 6.47 Bn | 329.87 Mn | 82.61 Mn |
| 10 | Msc Industrial Direct | 6.47 Bn | 6.42 Bn | 377.59 Mn | 64.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 118.00 Mn |
| Nov 2, 2025 | 220.00 Mn |
| Aug 3, 2025 | 213.00 Mn |
| May 4, 2025 | 171.00 Mn |
| Feb 2, 2025 | 124.00 Mn |
| Oct 27, 2024 | 223.00 Mn |
| Jul 28, 2024 | 204.00 Mn |
| Apr 28, 2024 | 168.00 Mn |
| Jan 28, 2024 | 116.00 Mn |
| Oct 29, 2023 | 217.00 Mn |
| Jul 30, 2023 | 226.00 Mn |
| Apr 30, 2023 | 181.00 Mn |
| Jan 29, 2023 | 124.00 Mn |
| Oct 30, 2022 | 234.00 Mn |
| Jul 31, 2022 | 237.00 Mn |
| May 1, 2022 | 180.00 Mn |
| Jan 30, 2022 | 109.00 Mn |
| Oct 31, 2021 | 147.00 Mn |
| Aug 1, 2021 | 100.00 Mn |
| May 2, 2021 | 69.00 Mn |