MOD vs. CNM

Last updated Apr 1, 2026

Compare and contrast key facts about Modine Manufacturing Company (MOD) and Core & Main, Inc. (CNM).

Performance

MOD vs. CNM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Modine Manufacturing Company (MOD) and Core & Main, Inc. (CNM). The values are adjusted to include any dividend payments, if applicable.

MOD vs. CNM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MOD Modine Manufacturing Company	62.32%	15.16%	94.19%	200.60%	96.83%	-36.66%
CNM Core & Main, Inc.	-4.95%	2.08%	25.98%	109.27%	-36.35%	51.70%

Fundamentals

EPS MOD : $1.83 CNM : $2.97
PE Ratio MOD : 118.40 CNM : 16.66
PEG Ratio MOD : 4.95 CNM : 0.27
PS Ratio MOD : 4.03 CNM : 0.96
Total Revenue (TTM) MOD : $2.87B CNM : $7.65B
Gross Profit (TTM) MOD : $684.00M CNM : $2.06B
EBITDA (TTM) MOD : $264.30M CNM : $856.00M

Returns By Period

In the year-to-date period, MOD achieves a 62.32% return, which is significantly higher than CNM's -4.95% return.

MOD

• 1D: 7.19%
• 1M: -4.64%
• YTD: 62.32%
• 6M: 52.44%
• 1Y: 182.36%
• 3Y*: 111.06%
• 5Y*: 70.32%
• 10Y*: 34.74%

CNM

• 1D: 3.46%
• 1M: -8.79%
• YTD: -4.95%
• 6M: -8.23%
• 1Y: 2.26%
• 3Y*: 28.84%
• 5Y*: —
• 10Y*: —

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

Return for Risk

MOD vs. CNM — Risk / Return Rank

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

MOD

MOD Risk / Return Rank: 94
MOD Sharpe Ratio Rank: 96
MOD Sortino Ratio Rank: 91
MOD Omega Ratio Rank: 92
MOD Calmar Ratio Rank: 96
MOD Martin Ratio Rank: 96

CNM

CNM Risk / Return Rank: 42
CNM Sharpe Ratio Rank: 44
CNM Sortino Ratio Rank: 39
CNM Omega Ratio Rank: 41
CNM Calmar Ratio Rank: 43
CNM Martin Ratio Rank: 43

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.

MOD vs. CNM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Modine Manufacturing Company (MOD) 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.

	MOD	CNM	Difference
Sharpe ratio Return per unit of total volatility	2.72	0.05	+2.67
Sortino ratio Return per unit of downside risk	2.94	0.36	+2.58
Omega ratio Gain probability vs. loss probability	1.41	1.06	+0.36
Calmar ratio Return relative to maximum drawdown	6.30	0.05	+6.24
Martin ratio Return relative to average drawdown	16.81	0.11	+16.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MOD vs. CNM - Sharpe Ratio Comparison

The current MOD Sharpe Ratio is 2.72, which is higher than the CNM Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of MOD and CNM, 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

	MOD	CNM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.72	0.05	+2.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.20	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.52	-0.32

Correlation

The correlation between MOD and CNM is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MOD vs. CNM - Dividend Comparison

Neither MOD nor CNM has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

MOD vs. CNM - Drawdown Comparison

The maximum MOD drawdown since its inception was -97.53%, which is greater than CNM's maximum drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for MOD and CNM.

Drawdown Indicators

	MOD	CNM	Difference
Max Drawdown Largest peak-to-trough decline	-97.53%	-40.00%	-57.53%
Max Drawdown (1Y) Largest decline over 1 year	-27.55%	-33.88%	+6.33%
Max Drawdown (5Y) Largest decline over 5 years	-57.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-88.13%	—	—
Current Drawdown Current decline from peak	-9.14%	-26.25%	+17.11%
Average Drawdown Average peak-to-trough decline	-37.84%	-16.82%	-21.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.32%	16.94%	-6.62%

Volatility

MOD vs. CNM - Volatility Comparison

Modine Manufacturing Company (MOD) has a higher volatility of 24.72% compared to Core & Main, Inc. (CNM) at 10.18%. This indicates that MOD's price experiences larger fluctuations and is considered to be riskier than CNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOD	CNM	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.72%	10.18%	+14.54%
Volatility (6M) Calculated over the trailing 6-month period	49.88%	23.40%	+26.48%
Volatility (1Y) Calculated over the trailing 1-year period	67.49%	42.11%	+25.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.11%	40.99%	+18.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.16%	40.99%	+17.17%

Financials

MOD vs. CNM - Profitability Comparison

The chart below illustrates the profitability comparison between Modine Manufacturing Company and Core & Main, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MOD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Modine Manufacturing Company reported a gross profit of 186.10M and revenue of 805.00M. Therefore, the gross margin over that period was 23.1%.

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%.

MOD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Modine Manufacturing Company reported an operating income of 96.80M and revenue of 805.00M, resulting in an operating margin of 12.0%.

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%.

MOD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Modine Manufacturing Company reported a net income of -47.40M and revenue of 805.00M, resulting in a net margin of -5.9%.

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%.