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Core & Main CNM Net margin

Net margin at other companies

Ferguson Enterprises logo
Ferguson EnterprisesFERG
6.2%+0.4pp
Watts Water Technologies, Inc. logo
Watts Water Technologies, Inc.WTS
14.3%+1.3pp
Advanced Drainage Systems logo
Advanced Drainage SystemsWMS
14%-1.5pp
Xylem logo
XylemXYL
10.8%+0.3pp
Zurn Elkay Water Solutions logo
Zurn Elkay Water SolutionsZWS
12.3%+1.5pp
Masco logo
MascoMAS
10.9%+0.6pp

Other financials

Income statement

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Revenue$1.9B-0.1%
Gross profit$520.0M+2.0%
Operating income$177.0M+3.5%
Net income$108.0M+8.0%
EPS (diluted)$0.57+9.6%

Balance sheet

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Cash & equivalents$150.0M+1,775%
Total debt$2.4B-3.4%
Total equity$2.0B+17.0%
Total assets$6.3B+0.7%

Cash flow

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Operating cash flow$82.0M+6.5%
CapEx$14.0M+7.7%
Free cash flow$68.0M+6.3%

Valuation

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Market cap$9.09B-4.9%
Enterprise value$11.39B-5.7%
P/E20.3×-2.7×
P/S1.2×-0.1×

Profitability

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Gross margin27.1%+0.5pp
Operating margin9.5%0.0pp
FCF margin8%+0.3pp

Returns & leverage

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Return on equity23.7%-1.4pp
Debt / equity1.2×-0.3×
Current ratio2.3×+0.4×

Where this comes from

Calculated from Core & Main’s reported figures.

Based on trailing twelve months.

The official record: Core & Main’s 10-Q, filed June 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Core & Main's net margin?
Core & Main (CNM) reported net margin of 5.9% in Q1 2026.
How has Core & Main's net margin changed year-over-year?
Core & Main's net margin increased by 7.4% year-over-year, from 5.5% to 5.9%.
What is the long-term trend for Core & Main's net margin?
Over 5 years (2020 to 2025), Core & Main's net margin has grown at a 41.5% compound annual growth rate (CAGR), from 1% to 5.8%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.