CNM vs. SBS

Last updated Apr 2, 2026

Compare and contrast key facts about Core & Main, Inc. (CNM) and Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS).

Performance

CNM vs. SBS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Core & Main, Inc. (CNM) and Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS). The values are adjusted to include any dividend payments, if applicable.

CNM vs. SBS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CNM Core & Main, Inc.	-1.77%	2.08%	25.98%	109.27%	-36.35%	51.70%
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP	27.53%	80.60%	-4.21%	46.89%	48.42%	5.16%

Fundamentals

EPS CNM : $2.97 SBS : $12.14
PE Ratio CNM : 17.22 SBS : 2.49
PEG Ratio CNM : 0.28 SBS : 0.05
PS Ratio CNM : 0.99 SBS : 0.55
Total Revenue (TTM) CNM : $7.65B SBS : $37.34B
Gross Profit (TTM) CNM : $2.06B SBS : $13.68B
EBITDA (TTM) CNM : $856.00M SBS : $14.20B

Returns By Period

In the year-to-date period, CNM achieves a -1.77% return, which is significantly lower than SBS's 27.53% return.

CNM

• 1D: 3.34%
• 1M: -6.62%
• YTD: -1.77%
• 6M: -2.95%
• 1Y: 3.38%
• 3Y*: 30.26%
• 5Y*: —
• 10Y*: —

SBS

• 1D: -1.02%
• 1M: 2.72%
• YTD: 27.53%
• 6M: 29.71%
• 1Y: 83.36%
• 3Y*: 51.12%
• 5Y*: 37.57%
• 10Y*: 19.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CNM vs. SBS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNM

CNM Risk / Return Rank: 42
CNM Sharpe Ratio Rank: 43
CNM Sortino Ratio Rank: 38
CNM Omega Ratio Rank: 40
CNM Calmar Ratio Rank: 45
CNM Martin Ratio Rank: 45

SBS

SBS Risk / Return Rank: 93
SBS Sharpe Ratio Rank: 94
SBS Sortino Ratio Rank: 92
SBS Omega Ratio Rank: 90
SBS Calmar Ratio Rank: 96
SBS Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CNM vs. SBS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Core & Main, Inc. (CNM) and Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS). 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	SBS	Difference
Sharpe ratio Return per unit of total volatility	0.08	2.52	-2.44
Sortino ratio Return per unit of downside risk	0.39	3.17	-2.78
Omega ratio Gain probability vs. loss probability	1.06	1.40	-0.34
Calmar ratio Return relative to maximum drawdown	0.17	6.33	-6.16
Martin ratio Return relative to average drawdown	0.33	16.17	-15.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNM vs. SBS - Sharpe Ratio Comparison

The current CNM Sharpe Ratio is 0.08, which is lower than the SBS Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of CNM and SBS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CNM	SBS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	2.52	-2.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.02	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.37	+0.18

Correlation

The correlation between CNM and SBS is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CNM vs. SBS - Dividend Comparison

CNM has not paid dividends to shareholders, while SBS's dividend yield for the trailing twelve months is around 4.21%.

	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%
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP	4.21%	4.68%	1.96%	1.66%	1.88%	0.97%	2.93%	1.99%	3.86%	2.76%	0.65%	1.91%

Drawdowns

CNM vs. SBS - Drawdown Comparison

The maximum CNM drawdown since its inception was -40.00%, smaller than the maximum SBS drawdown of -76.49%. Use the drawdown chart below to compare losses from any high point for CNM and SBS.

Drawdown Indicators

	CNM	SBS	Difference
Max Drawdown Largest peak-to-trough decline	-40.00%	-76.49%	+36.49%
Max Drawdown (1Y) Largest decline over 1 year	-33.88%	-13.39%	-20.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.35%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.91%	—
Current Drawdown Current decline from peak	-23.78%	-1.02%	-22.76%
Average Drawdown Average peak-to-trough decline	-16.82%	-25.82%	+9.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.01%	5.24%	+11.77%

Volatility

CNM vs. SBS - Volatility Comparison

The current volatility for Core & Main, Inc. (CNM) is 10.80%, while Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) has a volatility of 13.02%. This indicates that CNM experiences smaller price fluctuations and is considered to be less risky than SBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNM	SBS	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.80%	13.02%	-2.22%
Volatility (6M) Calculated over the trailing 6-month period	23.63%	23.56%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	42.24%	33.25%	+8.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.00%	37.07%	+3.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.00%	43.62%	-2.62%

Financials

CNM vs. SBS - Profitability Comparison

The chart below illustrates the profitability comparison between Core & Main, Inc. and Companhia de Saneamento Básico do Estado de São Paulo - SABESP over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CNM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 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%.

SBS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Companhia de Saneamento Básico do Estado de São Paulo - SABESP reported a gross profit of 3.42B and revenue of 10.53B. Therefore, the gross margin over that period was 32.5%.

CNM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Core & Main, Inc. reported an operating income of 118.00M and revenue of 1.58B, resulting in an operating margin of 7.5%.

SBS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Companhia de Saneamento Básico do Estado de São Paulo - SABESP reported an operating income of 3.30B and revenue of 10.53B, resulting in an operating margin of 31.4%.

CNM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Core & Main, Inc. reported a net income of 70.00M and revenue of 1.58B, resulting in a net margin of 4.4%.

SBS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Companhia de Saneamento Básico do Estado de São Paulo - SABESP reported a net income of 2.52B and revenue of 10.53B, resulting in a net margin of 23.9%.