• Core & Main average return on tangible equity for 2024 was -68.95, a 86.1% decline from 2023.
• Core & Main average return on tangible equity for 2023 was -495.94, a 643.43% decline from 2022.
• Core & Main average return on tangible equity for 2022 was -66.71, a 87.12% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.