Core & Main
CNM
$59.60
Share price
-0.06%
Change (1 day)
121.46%
Change (1 year)
Operating Margin for Core & Main (CNM)
Operating Margin as of May 2024 (TTM): 11.70%
According to Core & Main's latest financial reports and stock price the company's current Operating Margin is 11.70%. At the end of 2023 the company had an Operating Margin of 10.66%.
Operating Margin history for Core & Main from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 10.66% | 93.27% |
| 2022 | 5.52% | 332.96% |
| 2021 | 1.27% | 2.79% |
| 2020 | 1.24% | 6.37% |
| 2019 | 1.17% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.