SKYW vs. CNM
SKYW (SkyWest, Inc.) and CNM (Core & Main, Inc.) are both stocks. Both are in the Industrials sector — SKYW in Airlines, CNM in Industrial Distribution. Over the past 5 years, SKYW returned 19.04%/yr vs 16.74%/yr for CNM. At a 0.41 correlation, their price movements are largely independent.
Performance
SKYW vs. CNM - Performance Comparison
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Returns By Period
In the year-to-date period, SKYW achieves a -5.22% return, which is significantly higher than CNM's -16.55% return.
SKYW
- 1D
- -4.20%
- 1M
- 2.74%
- 6M
- -2.62%
- YTD
- -5.22%
- 1Y
- -15.36%
- 3Y*
- 32.33%
- 5Y*
- 19.04%
- 10Y*
- 12.97%
- ALL TIME*
- 14.06%
CNM
- 1D
- -1.05%
- 1M
- -10.72%
- 6M
- -23.72%
- YTD
- -16.55%
- 1Y
- -31.08%
- 3Y*
- 12.10%
- 5Y*
- 16.74%
- 10Y*
- —
- ALL TIME*
- 16.76%
SKYW vs. CNM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SKYW SkyWest, Inc. | -5.22% | 0.28% | 91.82% | 216.17% | -57.99% | -3.56% |
CNM Core & Main, Inc. | -16.55% | 2.08% | 25.98% | 109.27% | -36.35% | 51.70% |
Correlation
The correlation between SKYW and CNM is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2021 | 0.41 |
Fundamentals
SKYW:
$3.77B
CNM:
$8.12B
SKYW:
$10.44
CNM:
$3.02
SKYW:
9.11
CNM:
14.35
SKYW:
0.04
CNM:
0.23
SKYW:
0.95
CNM:
0.84
SKYW:
$4.12B
CNM:
$7.65B
SKYW:
$1.73B
CNM:
$2.07B
SKYW:
$970.77M
CNM:
$909.00M
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Return for Risk
SKYW vs. CNM — Risk / Return Rank
SKYW
CNM
SKYW vs. CNM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SkyWest, Inc. (SKYW) 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.
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.
| SKYW | CNM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.88 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.88 | +0.46 |
| Martin ratioReturn relative to average drawdown | -0.73 | -1.37 | +0.64 |
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Drawdowns
SKYW vs. CNM - Drawdown Comparison
The maximum SKYW drawdown since its inception was -81.77%, which is greater than CNM's maximum drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for SKYW and CNM.
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Drawdown Indicators
| SKYW | CNM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.77% | -40.00% | -41.77% |
Max Drawdown (1Y)Largest decline over 1 year | -36.63% | -35.25% | -1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -36.63% | -38.74% | +2.11% |
Max Drawdown (5Y)Largest decline over 5 years | -71.50% | -40.00% | -31.50% |
Max Drawdown (10Y)Largest decline over 10 years | -81.77% | — | — |
Current DrawdownCurrent decline from peak | -23.08% | -35.25% | +12.17% |
Average DrawdownAverage peak-to-trough decline | -35.39% | -17.44% | -17.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.97% | 22.66% | -1.69% |
Volatility
SKYW vs. CNM - Volatility Comparison
The current volatility for SkyWest, Inc. (SKYW) is 8.91%, while Core & Main, Inc. (CNM) has a volatility of 9.99%. This indicates that SKYW experiences smaller price fluctuations and is considered to be less risky than CNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SKYW | CNM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.91% | 9.99% | -1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 28.06% | 24.04% | +4.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.64% | 40.93% | -4.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.35% | 40.64% | +2.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.50% | 40.64% | +10.86% |
Dividends
SKYW vs. CNM - Dividend Comparison
Neither SKYW nor CNM has 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% |
SKYW SkyWest, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.74% | 0.90% | 0.60% | 0.52% | 0.84% |
Financials
SKYW vs. CNM - Financials Comparison
This section allows you to compare key financial metrics between SkyWest, 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
SKYW vs. CNM - Profitability Comparison
SKYW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, SkyWest, Inc. reported a gross profit of 591.07M and revenue of 1.01B. Therefore, the gross margin over that period was 58.3%.
CNM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
SKYW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, SkyWest, Inc. reported an operating income of 123.69M and revenue of 1.01B, resulting in an operating margin of 12.2%.
CNM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Core & Main, Inc. reported an operating income of 177.00M and revenue of 1.91B, resulting in an operating margin of 9.3%.
SKYW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, SkyWest, Inc. reported a net income of 101.69M and revenue of 1.01B, resulting in a net margin of 10.0%.
CNM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Core & Main, Inc. reported a net income of 108.00M and revenue of 1.91B, resulting in a net margin of 5.7%.
Frequently Asked Questions
SKYW and CNM have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CNM has higher volatility (9.99%) compared to SKYW (8.91%). In terms of maximum drawdown, SKYW dropped -81.77% vs CNM's -40.00%.
SKYW currently has the higher Sharpe Ratio (-0.42 vs -0.76), 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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