Core & Main Inc (CNM)
Gross profit margin
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,980,000 | 1,818,000 | 1,818,000 | 1,795,000 | 1,795,000 |
| Revenue | US$ in thousands | 7,441,000 | 6,702,000 | 6,621,000 | 6,651,000 | 6,585,000 |
| Gross profit margin | 26.61% | 27.13% | 27.46% | 26.99% | 27.26% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,980,000K ÷ $7,441,000K
= 26.61%
Core & Main Inc's gross profit margin has shown some fluctuations over the past few years. In January 2023, the gross profit margin was 27.26%, which slightly decreased to 26.99% by January 31, 2023. However, the company managed to improve its gross profit margin to 27.46% by January 28, 2024, but then experienced a slight decrease to 27.13% by January 31, 2024. The most recent data available, from January 31, 2025, shows a further decline in the gross profit margin to 26.61%.
Overall, the trend in the gross profit margin for Core & Main Inc has been somewhat fluctuating, with a general downward trajectory observed over the years. It would be important for the company to closely monitor and analyze the factors contributing to these fluctuations in order to make informed decisions and potentially implement strategies to improve profitability.