Core & Main Inc (CNM)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 721,000 | 715,000 | 608,000 | 621,000 | 668,000 | 776,000 | 886,000 | 850,000 | 757,000 | 655,000 | 663,000 | 716,000 | 829,000 | 885,000 | 831,000 | 706,000 | 578,000 | 545,500 | 465,500 | 456,300 |
| 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 |
| Operating profit margin | 9.69% | 9.95% | 9.26% | 9.66% | 10.29% | 11.23% | 12.08% | 12.00% | 11.39% | 10.67% | 10.83% | 11.28% | 12.13% | 12.52% | 12.14% | 11.22% | 10.21% | 9.95% | 9.05% | 8.78% |
January 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $721,000K ÷ $7,441,000K
= 9.69%
Core & Main Inc's operating profit margin has exhibited fluctuations over the period from January 2022 to January 2025. The margin started at 8.78% in January 2022, gradually increasing to 12.52% by October 2022, reflecting improved operational efficiency. However, in the subsequent periods, the margin experienced some variability, decreasing to 10.67% in July 2023 before rebounding to 12.08% in October 2023.
In the later quarters, the operating profit margin showed a decreasing trend, reaching 9.26% in July 2024 and then fluctuating around 9-9.69% until January 2025. This fluctuation may indicate challenges or changes in the company's cost structure or revenue generation during these periods.
Overall, a sustained high operating profit margin is indicative of effective cost management and revenue generation strategies, while fluctuations may signal potential areas for further analysis and improvement in the company's operations. It is important for Core & Main Inc to closely monitor its operating profit margin and identify factors driving these changes to maintain profitability and long-term sustainability.