Core & Main Inc (CNM)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,937,000 | 1,832,000 | 1,673,000 | 1,649,000 | 1,718,000 | 1,873,000 | 1,990,000 | 1,935,000 | 1,814,000 | 1,686,000 | 1,685,000 | 1,746,000 | 1,874,000 | 1,922,000 | 1,843,000 | 1,670,000 | 1,496,000 | 1,445,600 | 1,349,600 | 1,347,800 |
| Revenue (ttm) | US$ in thousands | 7,441,000 | 7,183,000 | 6,563,000 | 6,426,000 | 6,492,000 | 6,913,000 | 7,334,000 | 7,081,000 | 6,648,000 | 6,141,000 | 6,120,000 | 6,348,000 | 6,835,000 | 7,066,000 | 6,846,000 | 6,290,000 | 5,662,800 | 5,482,600 | 5,145,600 | 5,197,200 |
| Gross profit margin | 26.03% | 25.50% | 25.49% | 25.66% | 26.46% | 27.09% | 27.13% | 27.33% | 27.29% | 27.45% | 27.53% | 27.50% | 27.42% | 27.20% | 26.92% | 26.55% | 26.42% | 26.37% | 26.23% | 25.93% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,937,000K ÷ $7,441,000K
= 26.03%
Core & Main Inc has shown fluctuations in its gross profit margin over the past few years. The gross profit margin, which is a measure of a company's profitability, indicates the percentage of revenue that exceeds the cost of goods sold.
From January 2022 to January 2023, the gross profit margin steadily increased from 25.93% to 27.50%, indicating an improvement in the company's ability to generate profits relative to its cost of goods sold. However, in the following periods up to January 2025, there were fluctuations in the gross profit margin, with values ranging from 25.66% to 27.09%. Notably, there was a slight decline in the margin towards the end of the period, as it dropped to 26.03% in January 2025.
Overall, Core & Main Inc has demonstrated varying levels of profitability over the analyzed period, with some fluctuations in the gross profit margin. It would be important for the company to assess the factors contributing to these fluctuations to maintain and improve its profitability in the future.