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
DateValue
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