CNM vs. LII
CNM (Core & Main, Inc.) and LII (Lennox International Inc.) are both stocks. Both are in the Industrials sector — CNM in Industrial Distribution, LII in Specialty Industrial Machinery. Over the past 3 years, CNM returned 18.71%/yr vs 19.41%/yr for LII. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
CNM vs. LII - Performance Comparison
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Returns By Period
In the year-to-date period, CNM achieves a -7.00% return, which is significantly lower than LII's 5.78% return.
CNM
- 1D
- -3.46%
- 1M
- 2.01%
- YTD
- -7.00%
- 6M
- -13.83%
- 1Y
- -14.79%
- 3Y*
- 18.71%
- 5Y*
- —
- 10Y*
- —
LII
- 1D
- -0.94%
- 1M
- 0.92%
- YTD
- 5.78%
- 6M
- 1.83%
- 1Y
- -5.95%
- 3Y*
- 19.41%
- 5Y*
- 9.92%
- 10Y*
- 15.59%
CNM vs. LII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CNM Core & Main, Inc. | -7.00% | 2.08% | 25.98% | 109.27% | -36.35% | 51.70% |
LII Lennox International Inc. | 5.78% | -19.54% | 37.27% | 89.55% | -24.94% | 1.74% |
Correlation
The correlation between CNM and LII is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2021 | 0.54 |
The correlation between CNM and LII has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.
Fundamentals
CNM:
$3.02
LII:
$22.20
CNM:
15.99
LII:
23.07
CNM:
0.26
LII:
1.40
CNM:
0.94
LII:
3.44
CNM:
$7.65B
LII:
$5.26B
CNM:
$2.07B
LII:
$1.74B
CNM:
$909.00M
LII:
$1.10B
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Return for Risk
CNM vs. LII — Risk / Return Rank
CNM
LII
CNM vs. LII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Core & Main, Inc. (CNM) and Lennox International Inc. (LII). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CNM | LII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.00 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | -0.18 | -0.26 |
| Martin ratioReturn relative to average drawdown | -0.72 | -0.29 | -0.44 |
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Drawdowns
CNM vs. LII - Drawdown Comparison
The maximum CNM drawdown since its inception was -40.00%, smaller than the maximum LII drawdown of -62.76%. Use the drawdown chart below to compare losses from any high point for CNM and LII.
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Drawdown Indicators
| CNM | LII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.00% | -62.76% | +22.76% |
Max Drawdown (1Y)Largest decline over 1 year | -33.88% | -33.77% | -0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -38.74% | -34.71% | -4.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.88% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.88% | — |
Current DrawdownCurrent decline from peak | -27.84% | -23.42% | -4.42% |
Average DrawdownAverage peak-to-trough decline | -17.17% | -14.51% | -2.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.45% | 20.90% | -0.45% |
Volatility
CNM vs. LII - Volatility Comparison
Core & Main, Inc. (CNM) has a higher volatility of 11.38% compared to Lennox International Inc. (LII) at 10.80%. This indicates that CNM's price experiences larger fluctuations and is considered to be riskier than LII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNM | LII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.38% | 10.80% | +0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 23.48% | 26.49% | -3.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.77% | 35.30% | +4.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.72% | 32.15% | +8.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.72% | 29.31% | +11.41% |
Dividends
CNM vs. LII - Dividend Comparison
CNM has not paid dividends to shareholders, while LII's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNM Core & Main, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LII Lennox International Inc. | 1.02% | 1.04% | 0.75% | 0.97% | 1.71% | 1.09% | 1.12% | 1.21% | 1.11% | 0.94% | 1.08% | 1.10% |
Financials
CNM vs. LII - Financials Comparison
This section allows you to compare key financial metrics between Core & Main, Inc. and Lennox International Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CNM vs. LII - Profitability Comparison
CNM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported a gross profit of 520.00M and revenue of 1.91B. Therefore, the gross margin over that period was 27.2%.
LII - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lennox International Inc. reported a gross profit of 351.30M and revenue of 1.14B. Therefore, the gross margin over that period was 31.0%.
CNM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported an operating income of 177.00M and revenue of 1.91B, resulting in an operating margin of 9.3%.
LII - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lennox International Inc. reported an operating income of 163.50M and revenue of 1.14B, resulting in an operating margin of 14.4%.
CNM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported a net income of 108.00M and revenue of 1.91B, resulting in a net margin of 5.7%.
LII - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lennox International Inc. reported a net income of 117.20M and revenue of 1.14B, resulting in a net margin of 10.3%.
Frequently Asked Questions
CNM and LII have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CNM has higher volatility (11.38%) compared to LII (10.80%). In terms of maximum drawdown, CNM dropped -40.00% vs LII's -62.76%.
LII currently has the higher Sharpe Ratio (-0.17 vs -0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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