Core & Main (CNM) Return on Invested Capital [ROIC] (2021 - 2026)
Core & Main (CNM) reported Return on Invested Capital [ROIC] of 12.87% for fiscal Q2 2027 (quarter ended Aug 2, 2026), down 0.47 percentage points from 13.34% a year earlier and down 0.23 percentage points from the prior quarter.
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Analysis
Core & Main (CNM) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2026 (ended Feb 1, 2026), Core & Main posted Return on Invested Capital [ROIC] of 13.31%, down 1.23 percentage points from FY2025.
- Return on Invested Capital [ROIC] has declined for three consecutive fiscal years, though with a four-year change of +2.43 percentage points (FY2022 to FY2026).
- By fiscal year, Return on Invested Capital [ROIC] came in at 14.54% in FY2025 (-1.86 pp), 16.40% in FY2024 (-1.31 pp), 17.71% in FY2023 (+6.83 pp) and 10.88% in FY2022.
- The fiscal Q2 2027 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q1 2023.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last three quarters, with an average year-over-year change of -1.22 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was fiscal Q3 2023 (a gain of 7.06 percentage points); the low point was fiscal Q4 2025 (a drop of 3.67 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 13.10% (Q1 2027), 13.04% (Q4 2026) and 13.11% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 67.37 Bn | 66.13 Bn | 1.73 Bn | 13.51% |
| 2 | W.W. Grainger | 60.32 Bn | 58.30 Bn | 1.98 Bn | 29.62% |
| 3 | Fastenal | 58.24 Bn | 57.16 Bn | 1.06 Bn | 32.56% |
| 4 | Ferguson Enterprises | 43.34 Bn | 40.56 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 31.62 Bn | 31.50 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 20.43 Bn | 19.48 Bn | 1.30 Bn | 10.47% |
| 7 | Wesco International | 18.60 Bn | 15.91 Bn | 1.46 Bn | 9.33% |
| 8 | Applied Industrial Technologies | 12.64 Bn | 12.52 Bn | 411.22 Mn | 19.24% |
| 9 | Watsco | 10.59 Bn | 8.75 Bn | 578.93 Mn | 14.94% |
| 10 | Core & Main | 7.62 Bn | 6.93 Bn | 573.00 Mn | 12.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 12.87% |
| May 3, 2026 | 13.10% |
| Feb 1, 2026 | 13.04% |
| Nov 2, 2025 | 13.11% |
| Aug 3, 2025 | 13.34% |
| May 4, 2025 | 13.34% |
| Feb 2, 2025 | 13.20% |
| Oct 27, 2024 | 13.01% |
| Jul 28, 2024 | 13.34% |
| Apr 28, 2024 | 15.44% |
| Jan 28, 2024 | 16.87% |
| Oct 29, 2023 | 16.18% |
| Jul 30, 2023 | 16.40% |
| Apr 30, 2023 | 16.59% |
| Jan 29, 2023 | 16.34% |
| Oct 30, 2022 | 16.27% |
| Jul 31, 2022 | 15.14% |
| May 1, 2022 | 12.82% |
| Jan 30, 2022 | 10.60% |
| Oct 31, 2021 | 9.21% |
API Access
Core & Main Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CNM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();