Core & Main Inc (CNM)
Return on assets (ROA)
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 411,000 | 371,000 | 371,000 | 581,000 | 366,000 |
| Total assets | US$ in thousands | 5,870,000 | 5,069,000 | 5,069,000 | 4,909,000 | 4,909,000 |
| ROA | 7.00% | 7.32% | 7.32% | 11.84% | 7.46% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $411,000K ÷ $5,870,000K
= 7.00%
Core & Main Inc's return on assets (ROA) has shown some fluctuations over the analyzed period. The ROA was 7.46% as of January 29, 2023, which increased to 11.84% by January 31, 2023. However, there was a decrease to 7.32% by January 28, 2024, which remained consistent in the following month. Subsequently, by January 31, 2025, the ROA decreased further to 7.00%. Overall, these fluctuations indicate varying levels of asset efficiency and profitability within the company over the period under review.