Core & Main (CNM) Change in Inventory (2020 - 2026)
Core & Main (CNM) recorded quarterly Change in Inventory of -$36.0 million in Q1 2026, up 21.74% quarter-over-quarter from -$46.0 million in Q4 2025, and up 12.2% on a YoY basis from -$32.1 million in Q1 2025.
Core & Main (CNM) Change in Inventory (2020 - 2026) Analysis & Trends
Core & Main's Change in Inventory history runs 7 years deep, the most recent figure standing at -$36.0 million for Q1 2026.
- In Q1 2026, Change in Inventory rose 12.2% year-over-year to -$36.0 million; the TTM figure through Feb 2026 stood at $70.0 million (up 94.44% YoY), while the FY2026 annual figure was $70.0 million, up 94.44% from the prior year.
- Change in Inventory was -$36.0 million for Q1 2026 at Core & Main, up from -$46.0 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $207.0 million in Q2 2022 to a low of -$150.0 million in Q3 2023.
- Historically, Change in Inventory has averaged $3.6 million across 5 years, with a median of -$35.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Change in Inventory jumped 2028.57% in 2022, then tumbled 1200.0% in 2025.
- A 5-year view of Change in Inventory shows it stood at -$43.0 million in 2022, then slumped by 65.12% to -$71.0 million in 2023, then soared by 60.56% to -$28.0 million in 2024, then slumped by 64.29% to -$46.0 million in 2025, then advanced by 21.74% to -$36.0 million in 2026.
- The last three Change in Inventory figures came in at -$36.0 million (Q1 2026), -$46.0 million (Q4 2025), and -$11.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 120.00 Mn |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | -52.50 Mn |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 92.00 Mn |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 215.20 Mn |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 330.43 Mn |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 183.90 Mn |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | - |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | -36.00 Mn |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 209.70 Mn |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 14.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | -36.00 Mn |
| Feb 1, 2026 | -36.00 Mn |
| Nov 2, 2025 | -46.00 Mn |
| Nov 2, 2025 | -46.00 Mn |
| Aug 3, 2025 | -11.00 Mn |
| Aug 3, 2025 | -11.00 Mn |
| May 4, 2025 | 163.00 Mn |
| May 4, 2025 | 163.00 Mn |
| Feb 2, 2025 | -41.00 Mn |
| Feb 2, 2025 | -41.00 Mn |
| Oct 27, 2024 | -28.00 Mn |
| Oct 27, 2024 | -28.00 Mn |
| Jul 28, 2024 | 1.00 Mn |
| Jul 28, 2024 | 1.00 Mn |
| Apr 28, 2024 | 104.00 Mn |
| Apr 28, 2024 | 104.00 Mn |
| Jan 28, 2024 | -72.00 Mn |
| Jan 28, 2024 | -72.00 Mn |
| Oct 29, 2023 | -71.00 Mn |
| Oct 29, 2023 | -71.00 Mn |