Core & Main Inc (CNM)
Operating profit margin
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 719,000 | 740,000 | 740,000 | 775,000 | 775,000 |
| Revenue | US$ in thousands | 7,441,000 | 6,702,000 | 6,621,000 | 6,651,000 | 6,585,000 |
| Operating profit margin | 9.66% | 11.04% | 11.18% | 11.65% | 11.77% |
January 31, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $719,000K ÷ $7,441,000K
= 9.66%
Core & Main Inc's operating profit margin has shown a gradual decline over the period under review. Starting at 11.77% in January 2023, the margin decreased to 9.66% by January 31, 2025. Although the margin has decreased, it is important to note that the company has maintained a double-digit operating profit margin throughout the period, indicating a generally healthy level of profitability. Management may want to further investigate the factors contributing to the downward trend and explore potential strategies to maintain or improve profitability in the future.