Core & Main (CNM) Invested Capital (2020 - 2026)

Core & Main (CNM) recorded quarterly Invested Capital of $2.1 billion in Q1 2026, up 4.85% quarter-over-quarter from $2.0 billion in Q4 2025, and up 16.69% on a YoY basis from $1.8 billion in Q1 2025.

Core & Main (CNM) Invested Capital (2020 - 2026) Analysis & Trends

Core & Main's Invested Capital history runs 7 years deep, the most recent figure standing at $2.1 billion for Q1 2026.

  • In Q1 2026, Invested Capital rose 16.69% year-over-year to $2.1 billion; the TTM figure through Feb 2026 stood at $2.1 billion (up 16.69% YoY), while the FY2026 annual figure was $2.1 billion, up 16.69% from the prior year.
  • Invested Capital was $2.1 billion for Q1 2026 at Core & Main, up from $2.0 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $2.4 billion in Q1 2023 to a low of $1.5 billion in Q1 2024.
  • Historically, Invested Capital has averaged $2.0 billion across 5 years, with a median of $2.0 billion in 2025.
  • The sharpest annual moves came in 2022 and 2024: Invested Capital surged 14100.0% in 2022, then slumped 36.54% in 2024.
  • A 5-year view of Invested Capital shows it stood at $2.4 billion in 2022, then retreated by 5.79% to $2.2 billion in 2023, then slipped by 20.49% to $1.8 billion in 2024, then rose by 12.86% to $2.0 billion in 2025, then advanced by 4.85% to $2.1 billion in 2026.
  • The last three Invested Capital figures came in at $2.1 billion (Q1 2026), $2.0 billion (Q4 2025), and $2.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn 6.63 Bn
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn 4.11 Bn
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn 6.17 Bn
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn 5.35 Bn
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 2.88 Bn
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn 13.22 Bn
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn 1.88 Bn
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn 2.10 Bn
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn 1.15 Bn
10 Msc Industrial Direct 6.54 Bn 6.49 Bn 377.59 Mn 1.90 Bn

Historic Data

Download Data
DateValue
Feb 1, 2026 2.10 Bn
Nov 2, 2025 2.00 Bn
Aug 3, 2025 1.99 Bn
May 4, 2025 1.85 Bn
Feb 2, 2025 1.80 Bn
Oct 27, 2024 1.77 Bn
Jul 28, 2024 1.74 Bn
Apr 28, 2024 1.67 Bn
Jan 28, 2024 1.54 Bn
Oct 29, 2023 2.23 Bn
Jul 30, 2023 2.23 Bn
Apr 30, 2023 2.21 Bn
Jan 29, 2023 2.43 Bn
Oct 30, 2022 2.37 Bn
Jul 31, 2022 2.18 Bn
May 1, 2022 2.02 Bn
Jan 30, 2022 1.85 Bn
Oct 31, 2021 1.77 Bn
Aug 1, 2021 1.56 Bn
Jan 31, 2021 13.00 Mn