LII vs. CNM
LII (Lennox International Inc.) and CNM (Core & Main, Inc.) are both stocks. Both are in the Industrials sector — LII in Specialty Industrial Machinery, CNM in Industrial Distribution. Over the past 3 years, LII returned 20.35%/yr vs 23.07%/yr for CNM. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
LII vs. CNM - Performance Comparison
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Returns By Period
In the year-to-date period, LII achieves a 6.05% return, which is significantly higher than CNM's 0.40% return.
LII
- 1D
- 0.99%
- 1M
- -1.50%
- YTD
- 6.05%
- 6M
- 2.56%
- 1Y
- -6.07%
- 3Y*
- 20.35%
- 5Y*
- 10.02%
- 10Y*
- 15.40%
CNM
- 1D
- 0.40%
- 1M
- 6.29%
- YTD
- 0.40%
- 6M
- 3.29%
- 1Y
- -12.57%
- 3Y*
- 23.07%
- 5Y*
- —
- 10Y*
- —
LII vs. CNM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LII Lennox International Inc. | 6.05% | -19.54% | 37.27% | 89.55% | -24.94% | 3.23% |
CNM Core & Main, Inc. | 0.40% | 2.08% | 25.98% | 109.27% | -36.35% | 51.70% |
Correlation
The correlation between LII and CNM is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2021 | 0.53 |
The correlation between LII and CNM has been stable across timeframes, ranging from 0.53 to 0.57 - a consistent structural relationship.
Fundamentals
LII:
$22.20
CNM:
$3.34
LII:
23.13
CNM:
15.63
LII:
1.41
CNM:
0.26
LII:
3.44
CNM:
0.90
LII:
$5.26B
CNM:
$7.65B
LII:
$1.74B
CNM:
$2.06B
LII:
$1.10B
CNM:
$856.00M
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Return for Risk
LII vs. CNM — Risk / Return Rank
LII
CNM
LII vs. CNM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lennox International Inc. (LII) and Core & Main, Inc. (CNM). 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.
| LII | CNM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.97 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | -0.37 | +0.19 |
| Martin ratioReturn relative to average drawdown | -0.29 | -0.62 | +0.33 |
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
| LII | CNM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | -0.32 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.54 | -0.10 |
Drawdowns
LII vs. CNM - Drawdown Comparison
The maximum LII drawdown since its inception was -62.76%, which is greater than CNM's maximum drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for LII and CNM.
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Drawdown Indicators
| LII | CNM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.76% | -40.00% | -22.76% |
Max Drawdown (1Y)Largest decline over 1 year | -33.77% | -33.88% | +0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -34.71% | -38.74% | +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 | -23.22% | -22.10% | -1.12% |
Average DrawdownAverage peak-to-trough decline | -14.50% | -17.16% | +2.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.72% | 20.22% | +0.50% |
Volatility
LII vs. CNM - Volatility Comparison
Lennox International Inc. (LII) and Core & Main, Inc. (CNM) have volatilities of 9.20% and 9.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LII | CNM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.20% | 9.05% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 25.88% | 23.45% | +2.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.85% | 39.27% | -4.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.05% | 40.67% | -8.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.27% | 40.67% | -11.40% |
Dividends
LII vs. CNM - Dividend Comparison
LII's dividend yield for the trailing twelve months is around 1.01%, while CNM has not paid dividends to shareholders.
| 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. | 1.01% | 1.04% | 0.75% | 0.97% | 1.71% | 1.09% | 1.12% | 1.21% | 1.11% | 0.94% | 1.08% | 1.10% |
Financials
LII vs. CNM - Financials Comparison
This section allows you to compare key financial metrics between Lennox International Inc. and Core & Main, 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
LII vs. CNM - Profitability Comparison
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 - 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%.
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 - 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%.
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%.
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%.
Frequently Asked Questions
LII and CNM have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LII has higher volatility (9.20%) compared to CNM (9.05%). In terms of maximum drawdown, LII dropped -62.76% vs CNM's -40.00%.
LII currently has the higher Sharpe Ratio (-0.18 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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