What are Core & Main's profit margins?

Core & Main (CNM) runs a 27.1% gross margin and a 9.5% operating margin, with a 5.9% net margin.

Where do Core & Main's ratios come from?

Every ratio is computed from Core & Main's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Core & Main CNM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	27.1%+0.1pp	26.9%+0.1pp	26.8%+0.1pp	26.7%+0.1pp	26.6%0.0pp
Operating margin	9.5%+0.1pp	9.4%+0.1pp	9.4%-0.1pp	9.4%0.0pp	9.5%-0.2pp
Net margin	5.9%+0.1pp	5.8%+0.2pp	5.6%0.0pp	5.6%+0.1pp	5.5%-0.1pp
EBITDA margin	12%+0.1pp	12%+0.1pp	11.9%-0.1pp	12%-0.1pp	12.1%-0.2pp
Free cash flow margin	8%+0.1pp	7.9%+0.5pp	7.4%+0.1pp	7.3%-0.3pp	7.6%-0.3pp
Returns
Return on equity	23.7%-0.1pp	23.9%0.0pp	23.8%-0.6pp	24.4%-0.7pp	25.1%-1.0pp
Return on assets	7.1%-0.3pp	7.4%+0.4pp	7%0.0pp	6.9%+0.2pp	6.8%-0.8pp
Return on invested capital	12.9%-0.1pp	13.1%+0.2pp	12.8%0.0pp	12.8%-0.1pp	12.8%-1.2pp
Efficiency
Asset turnover	1.2×-0.1×	1.3×0.0×	1.2×0.0×	1.2×0.0×	1.2×-0.1×
Inventory turnover	5.1×-0.8×	5.9×+0.1×	5.8×+0.1×	5.6×+0.1×	5.6×-1.0×
Liquidity
Current ratio	2.3×-0.3×	2.6×+0.4×	2.3×0.0×	2.2×+0.3×	2×-0.4×
Quick ratio	1.3×-0.2×	1.5×+0.2×	1.3×0.0×	1.3×+0.2×	1.1×-0.2×
Cash ratio	0.1×-0.1×	0.3×+0.2×	0.1×+0.1×	0×0.0×	0×0.0×
Leverage
Debt-to-equity	1.2×0.0×	1.2×0.0×	1.2×-0.1×	1.3×-0.1×	1.5×0.0×
Debt-to-assets	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Net debt / EBITDA	2.5×+0.1×	2.4×-0.1×	2.5×-0.2×	2.7×0.0×	2.7×0.0×
Interest coverage	6.2×+0.2×	6×+0.3×	5.7×+0.2×	5.5×+0.3×	5.2×+0.2×
Per Share
Book value per share	$10.43+3.3%	$10.09+1.0%	$9.99+5.0%	$9.51+8.4%	$8.78+4.1%
Valuation
Market capitalization	$9.47B-6.0%	$10.07B+1.2%	$9.95B-17.6%	$12.07B+21.2%	$9.96B-7.2%
Enterprise value	$11.77B-4.3%	$12.29B0.0%	$12.3B-15.7%	$14.58B+16.8%	$12.48B-5.7%
Price / earnings	21.1×-1.7×	22.8×0.0×	22.9×-5.1×	28×+4.1×	23.9×-2.2×
Price / sales	1.2×-0.1×	1.3×0.0×	1.3×-0.3×	1.6×+0.3×	1.3×-0.1×
Price / book	4.6×-0.4×	5×0.0×	5×-1.4×	6.4×+0.7×	5.7×-0.6×
EV / EBITDA	12.8×-0.6×	13.4×+0.1×	13.3×-2.4×	15.7×+2.1×	13.6×-0.9×
EV / sales	1.5×-0.1×	1.6×0.0×	1.6×-0.3×	1.9×+0.2×	1.6×-0.1×
Free cash flow yield	6.4%+0.4pp	6%+0.2pp	5.8%+1.1pp	4.7%-1.1pp	5.8%+0.4pp
Earnings yield	4.7%+0.4pp	4.4%0.0pp	4.4%+0.8pp	3.6%-0.6pp	4.2%+0.3pp
PEG ratio	2.7×-0.5×	3.1×-0.6×	3.8×+1.2×	2.6×+0.1×	2.5×+0.1×

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Questions, answered.

What are Core & Main's profit margins?: Core & Main (CNM) runs a 27.1% gross margin and a 9.5% operating margin, with a 5.9% net margin.
Where do Core & Main's ratios come from?: Every ratio is computed from Core & Main's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.