Core & Main Inc (CNM)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 721,000 | 711,000 | 591,000 | 593,000 | 594,000 | 706,000 | 775,000 | 752,000 | 705,000 | 573,000 | 635,000 | 619,000 | 732,000 | 767,000 | 713,000 | 659,300 | 480,300 | 499,800 | 386,800 | 339,100 |
| Long-term debt | US$ in thousands | — | — | — | — | — | 1,863,000 | — | 1,436,000 | — | 1,554,000 | — | — | 1,444,000 | — | 1,537,000 | — | 1,510,000 | — | — | 1,456,000 |
| Total stockholders’ equity | US$ in thousands | 1,698,000 | 1,671,000 | 1,644,000 | 1,570,000 | 1,451,000 | 1,451,000 | 1,769,000 | 1,769,000 | 1,695,000 | 1,695,000 | 1,628,000 | 1,747,000 | 1,747,000 | 1,704,000 | 1,704,000 | 1,550,000 | 1,436,000 | 1,436,000 | 1,325,000 | 1,325,000 |
| Return on total capital | 42.46% | 42.55% | 35.95% | 37.77% | 40.94% | 21.30% | 43.81% | 23.46% | 41.59% | 17.64% | 39.00% | 35.43% | 22.94% | 45.01% | 22.00% | 42.54% | 16.30% | 34.81% | 29.19% | 12.19% |
January 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $721,000K ÷ ($—K + $1,698,000K)
= 42.46%
Core & Main Inc's return on total capital has shown fluctuations over the given period, ranging from a low of 12.19% in January 2022 to a high of 45.01% in October 2022. The trend generally shows an upward trajectory from the beginning of the period, peaking in July 2022, before experiencing some variability in subsequent periods. Notably, there are periods of significant improvement in the return on total capital, such as the sharp increase from April 2022 to May 2022 and the steady climb from January 2023 to October 2023. Overall, the return on total capital for Core & Main Inc indicates a varying performance in utilizing its total capital to generate returns for its stakeholders, showcasing both strengths and potential areas for improvement.