Filing Flows › Core & Main (CNM) › Operating margin
Core & Main (CNM) operating margin by quarter
Core & Main's operating margin was 10.6% in Q2 FY27 (second quarter fiscal 2027), +1.3 pts from Q1 FY27. Over the last 7 quarters it ranged from 7.3% (Q4 FY25) to 10.7% (Q3 FY26).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 10.6% | +1.3 pts | +0.4 pts |
| Q1 FY27 | 9.3% | +1.8 pts | +0.3 pts |
| Q4 FY26 | 7.5% | -3.2 pts | +0.2 pts |
| Q3 FY26 | 10.7% | +0.5 pts | — |
| Q2 FY26 | 10.2% | +1.2 pts | — |
| Q1 FY26 | 8.9% | +1.6 pts | — |
| Q4 FY25 | 7.3% | — | — |
Q2 FY27 at a glance
Core & Main, Q2 FY27: revenue $2.1B (+2% year over year), operating margin 10.6%, net earnings $144M, operating cash flow $62.0M. The chart follows the revenue to costs, profit and cash.
Questions
What is Core & Main's operating margin?
Core & Main's operating margin was 10.6% in Q2 FY27 (second quarter fiscal 2027), +1.3 pts from Q1 FY27.
How has Core & Main's operating margin changed?
Over the last 7 quarters it ranged from 7.3% (Q4 FY25) to 10.7% (Q3 FY26).