Core & Main Inc (CNM)
Return on total capital
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 719,000 | 740,000 | 580,000 | 781,000 | 560,000 |
| Long-term debt | US$ in thousands | — | — | 1,863,000 | — | 1,444,000 |
| Total stockholders’ equity | US$ in thousands | 1,698,000 | 1,451,000 | 1,451,000 | 1,747,000 | 1,747,000 |
| Return on total capital | 42.34% | 51.00% | 17.50% | 44.71% | 17.55% |
January 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $719,000K ÷ ($—K + $1,698,000K)
= 42.34%
The return on total capital for Core & Main Inc has shown fluctuating trends over the past few years. Starting from January 29, 2023, the return on total capital was 17.55%, which increased significantly to 44.71% by January 31, 2023. However, there was a slight decrease to 17.50% by January 28, 2024, followed by a sharp increase to 51.00% by January 31, 2024. The most recent data point, as of January 31, 2025, shows a return on total capital of 42.34%.
Overall, Core & Main Inc's return on total capital has been relatively healthy, with some fluctuations indicating potential changes in the efficiency and profitability of their capital utilization. It is essential for investors and stakeholders to continue monitoring these fluctuations and analyzing the underlying reasons behind them to make informed decisions about the company's financial health and performance.