CNM vs. NEU
CNM (Core & Main, Inc.) and NEU (NewMarket Corporation) are both stocks. CNM operates in Industrial Distribution (Industrials), while NEU operates in Specialty Chemicals (Basic Materials). Over the past 3 years, CNM returned 23.07%/yr vs 28.34%/yr for NEU. At a 0.33 correlation, their price movements are largely independent.
Performance
CNM vs. NEU - Performance Comparison
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Returns By Period
In the year-to-date period, CNM achieves a 0.40% return, which is significantly lower than NEU's 17.44% return.
CNM
- 1D
- 0.40%
- 1M
- 6.29%
- YTD
- 0.40%
- 6M
- 3.29%
- 1Y
- -12.57%
- 3Y*
- 23.07%
- 5Y*
- —
- 10Y*
- —
NEU
- 1D
- 1.63%
- 1M
- 17.24%
- YTD
- 17.44%
- 6M
- 6.97%
- 1Y
- 26.66%
- 3Y*
- 28.34%
- 5Y*
- 21.53%
- 10Y*
- 9.13%
CNM vs. NEU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CNM Core & Main, Inc. | 0.40% | 2.08% | 25.98% | 109.27% | -36.35% | 51.70% |
NEU NewMarket Corporation | 17.44% | 32.28% | -1.45% | 79.15% | -6.70% | 15.59% |
Correlation
The correlation between CNM and NEU is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2021 | 0.33 |
Fundamentals
CNM:
$3.34
NEU:
$58.30
CNM:
15.63
NEU:
13.77
CNM:
0.26
NEU:
0.48
CNM:
0.90
NEU:
2.10
CNM:
$7.65B
NEU:
$2.69B
CNM:
$2.06B
NEU:
$842.26M
CNM:
$856.00M
NEU:
$648.92M
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Return for Risk
CNM vs. NEU — Risk / Return Rank
CNM
NEU
CNM vs. NEU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Core & Main, Inc. (CNM) and NewMarket Corporation (NEU). 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.
| CNM | NEU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.19 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 0.82 | -1.19 |
| Martin ratioReturn relative to average drawdown | -0.62 | 1.58 | -2.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CNM | NEU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.32 | 0.86 | -1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.82 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.29 | +0.25 |
Drawdowns
CNM vs. NEU - Drawdown Comparison
The maximum CNM drawdown since its inception was -40.00%, smaller than the maximum NEU drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for CNM and NEU.
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Drawdown Indicators
| CNM | NEU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.00% | -95.01% | +55.01% |
Max Drawdown (1Y)Largest decline over 1 year | -33.88% | -32.77% | -1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -38.74% | -32.77% | -5.97% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.77% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.66% | — |
Current DrawdownCurrent decline from peak | -22.10% | -7.18% | -14.92% |
Average DrawdownAverage peak-to-trough decline | -17.16% | -28.25% | +11.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.22% | 16.90% | +3.32% |
Volatility
CNM vs. NEU - Volatility Comparison
Core & Main, Inc. (CNM) has a higher volatility of 9.05% compared to NewMarket Corporation (NEU) at 6.82%. This indicates that CNM's price experiences larger fluctuations and is considered to be riskier than NEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNM | NEU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.05% | 6.82% | +2.23% |
Volatility (6M)Calculated over the trailing 6-month period | 23.45% | 25.88% | -2.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.27% | 31.13% | +8.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.67% | 26.33% | +14.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.67% | 25.05% | +15.62% |
Dividends
CNM vs. NEU - Dividend Comparison
CNM has not paid dividends to shareholders, while NEU's dividend yield for the trailing twelve months is around 1.43%.
| 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% |
NEU NewMarket Corporation | 1.43% | 1.64% | 1.89% | 1.62% | 2.70% | 2.33% | 1.91% | 1.50% | 1.70% | 1.76% | 1.51% | 1.52% |
Financials
CNM vs. NEU - Financials Comparison
This section allows you to compare key financial metrics between Core & Main, Inc. and NewMarket Corporation. 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. NEU - 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 428.00M and revenue of 1.58B. Therefore, the gross margin over that period was 27.1%.
NEU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NewMarket Corporation reported a gross profit of 220.88M and revenue of 669.72M. Therefore, the gross margin over that period was 33.0%.
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 118.00M and revenue of 1.58B, resulting in an operating margin of 7.5%.
NEU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NewMarket Corporation reported an operating income of 143.23M and revenue of 669.72M, resulting in an operating margin of 21.4%.
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 70.00M and revenue of 1.58B, resulting in a net margin of 4.4%.
NEU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NewMarket Corporation reported a net income of 118.07M and revenue of 669.72M, resulting in a net margin of 17.6%.
Frequently Asked Questions
CNM and NEU have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CNM has higher volatility (9.05%) compared to NEU (6.82%). In terms of maximum drawdown, CNM dropped -40.00% vs NEU's -95.01%.
NEU currently has the higher Sharpe Ratio (0.86 vs -0.32), 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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