Core & Main (CNM) Return on Capital Employed (2021 - 2026)

Core & Main (CNM) recorded quarterly Return on Capital Employed of 13.58% in Q1 2026, down 3.11% quarter-over-quarter from 14.01% in Q4 2025, and down 31.0% on a YoY basis from 19.67% in Q1 2025.

Core & Main (CNM) Return on Capital Employed (2021 - 2026) Analysis & Trends

Core & Main's Return on Capital Employed history runs 6 years deep, the most recent figure standing at 13.58% for Q1 2026.

  • In Q1 2026, Return on Capital Employed fell 31.0% year-over-year to 13.58%; the TTM figure through Feb 2026 stood at 13.58% (down 31.0% YoY), while the FY2026 annual figure was 14.15%, down 147.0% from the prior year.
  • Return on Capital Employed was 13.58% for Q1 2026 at Core & Main, down from 14.01% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 18.83% in Q2 2023 to a low of 11.91% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 15.72% across 5 years, with a median of 14.95% in 2025.
  • The sharpest annual moves came in 2022 and 2024: Return on Capital Employed soared 786 bps in 2022, then sank 453 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 18.17% in 2022, then decreased by 0 bps to 18.1% in 2023, then retreated by 22 bps to 14.1% in 2024, then fell by 1 bps to 14.01% in 2025, then decreased by 3 bps to 13.58% in 2026.
  • The last three Return on Capital Employed figures came in at 13.58% (Q1 2026), 14.01% (Q4 2025), and 14.13% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 W.W. Grainger 62.43 Bn 62.25 Bn 1.75 Bn 35.82%
2 Fastenal 52.87 Bn 52.56 Bn 982.90 Mn 39.69%
3 Ferguson Enterprises 43.71 Bn 42.89 Bn 2.32 Bn 23.37%
4 Wesco International 17.21 Bn 16.51 Bn 1.29 Bn 10.68%
5 Watsco 14.12 Bn 13.98 Bn 427.56 Mn 20.06%
6 Applied Industrial Technologies 11.70 Bn 11.53 Bn 380.80 Mn 20.70%
7 Qxo 11.53 Bn 8.48 Bn 409.30 Mn -3.19%
8 Core & Main 9.91 Bn 9.77 Bn 428.00 Mn 13.58%
9 Pool 6.54 Bn 6.47 Bn 329.87 Mn 22.86%
10 Msc Industrial Direct 6.47 Bn 6.42 Bn 377.59 Mn 17.50%

Historic Data

Download Data
DateValue
Feb 1, 2026 13.58%
Nov 2, 2025 14.01%
Aug 3, 2025 14.13%
May 4, 2025 14.95%
Feb 2, 2025 13.89%
Oct 27, 2024 14.10%
Jul 28, 2024 13.94%
Apr 28, 2024 16.09%
Jan 28, 2024 17.23%
Oct 29, 2023 18.10%
Jul 30, 2023 18.47%
Apr 30, 2023 18.83%
Jan 29, 2023 17.93%
Oct 30, 2022 18.17%
Jul 31, 2022 17.07%
May 1, 2022 14.90%
Jan 30, 2022 11.91%
Oct 31, 2021 10.32%