Core & Main Inc (CNM)
Operating profit margin
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 740,000 | 748,000 | 765,000 | 776,000 | 775,000 | 760,000 | 673,000 | 536,000 |
| Revenue (ttm) | US$ in thousands | 6,621,000 | 6,557,000 | 6,552,000 | 6,557,000 | 6,585,000 | 6,464,800 | 6,054,600 | 5,471,600 |
| Operating profit margin | 11.18% | 11.41% | 11.68% | 11.83% | 11.77% | 11.76% | 11.12% | 9.80% |
January 28, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $740,000K ÷ $6,621,000K
= 11.18%
Core & Main Inc's operating profit margin has been relatively stable over the past eight quarters, ranging from 9.80% to 11.83%. The company's operating profit margin peaked in April 2023 at 11.83% and has shown minor fluctuations since then. This indicates that Core & Main Inc has been able to maintain a consistent level of profitability relative to its revenue during the period under consideration. However, it is slightly below the peak level observed in April 2023. Overall, the company has demonstrated operational efficiency in generating profits from its core business activities.