Core & Main Inc (CNM)

Net profit margin

Jan 31, 2025 Jan 31, 2024 Jan 28, 2024 Jan 31, 2023 Jan 29, 2023
Net income US$ in thousands 411,000 371,000 371,000 581,000 366,000
Revenue US$ in thousands 7,441,000 6,702,000 6,621,000 6,651,000 6,585,000
Net profit margin 5.52% 5.54% 5.60% 8.74% 5.56%

January 31, 2025 calculation

Net profit margin = Net income ÷ Revenue
= $411,000K ÷ $7,441,000K
= 5.52%

Core & Main Inc's net profit margin has exhibited some fluctuation over the past few years. Starting at 5.56% in January 29, 2023, the net profit margin increased to 8.74% by January 31, 2023, indicating improved profitability. However, there was a subsequent decrease to 5.60% by January 28, 2024, and a further decline to 5.54% by January 31, 2024. This downward trend continued with the net profit margin reaching 5.52% by January 31, 2025. Overall, the company's net profit margin has remained relatively stable around the 5.5% mark in recent years, suggesting a consistent level of profitability relative to its revenue. Further analysis of the company's cost structure and revenue generation may provide insights into the factors driving these fluctuations in net profit margin.