Core & Main Inc (CNM)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 721,000 | 715,000 | 608,000 | 621,000 | 668,000 | 776,000 | 886,000 | 850,000 | 757,000 | 655,000 | 663,000 | 716,000 | 829,000 | 885,000 | 831,000 | 706,000 | 578,000 | 545,500 | 465,500 | 456,300 |
| Total assets | US$ in thousands | 5,870,000 | 6,215,000 | 6,098,000 | 6,041,000 | 5,069,000 | 5,069,000 | 5,067,000 | 5,067,000 | 5,039,000 | 5,039,000 | 4,929,000 | 4,909,000 | 4,909,000 | 5,190,000 | 5,190,000 | 5,148,000 | 4,894,000 | 4,894,000 | 4,434,000 | 4,434,000 |
| Operating ROA | 12.28% | 11.50% | 9.97% | 10.28% | 13.18% | 15.31% | 17.49% | 16.78% | 15.02% | 13.00% | 13.45% | 14.59% | 16.89% | 17.05% | 16.01% | 13.71% | 11.81% | 11.15% | 10.50% | 10.29% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $721,000K ÷ $5,870,000K
= 12.28%
Operating return on assets (operating ROA) for Core & Main Inc has shown fluctuations over the analyzed period. The ratio increased from January 30, 2022, to October 31, 2022, indicating improved efficiency in generating profits from its assets. The ratio peaked at 17.49% on October 31, 2023, suggesting strong operational performance. However, there was a decline in the ratio to 9.97% by July 31, 2024, indicating a potential decrease in profitability in relation to its assets. The ratio slightly recovered to 12.28% by January 31, 2025, demonstrating a moderate improvement in profitability. Overall, Core & Main Inc should continue monitoring and managing its operational efficiency to maximize returns on its assets.