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| Date | Value |
|---|---|
| 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% |