Core & Main Inc (CNM)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 577,000 | 583,000 | 477,000 | 506,000 | 523,000 | 633,000 | 702,000 | 669,000 | 622,000 | 492,000 | 560,000 | 547,000 | 663,000 | 705,000 | 654,000 | 599,000 | 424,000 | 442,200 | 305,200 | 221,800 |
| 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 |
| Pretax margin | 7.75% | 8.12% | 7.27% | 7.87% | 8.06% | 9.16% | 9.57% | 9.45% | 9.36% | 8.01% | 9.15% | 8.62% | 9.70% | 9.98% | 9.55% | 9.52% | 7.49% | 8.07% | 5.93% | 4.27% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $577,000K ÷ $7,441,000K
= 7.75%
Core & Main Inc's pretax margin has shown some fluctuations over the past few years based on the provided data. The pretax margin ranged from a low of 4.27% in January 30, 2022, to a peak of 9.98% in October 31, 2022, before stabilizing around the 8-9% range in subsequent periods. This indicates that the company's ability to generate profits before tax relative to its revenue has varied but generally improved over time, reaching a relatively high level of around 9.57% in October 31, 2023. However, there was a slight decline to 7.27% in July 31, 2024, before recovering slightly to 7.75% in January 31, 2025. Overall, the trend suggests that Core & Main Inc has been effectively managing its costs and expenses to enhance its profitability, although there may be some periodic variations in performance.