Core & Main (CNM) Operating Expenses (2020 - 2026)
Core & Main's Operating Expenses came in at $346 million for fiscal Q2 2027 (quarter ended Aug 2, 2026), down 0.3% from $347 million a year earlier but up 0.9% from the prior quarter.
Powered by 
Analysis
Core & Main (CNM) Operating Expenses (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 2, 2026, Core & Main reported Operating Expenses of $1.34 billion, up 0.5% year-over-year; for FY2026 (ended Feb 1, 2026), it was $1.34 billion, up 6.0% from FY2025.
- Operating Expenses has increased in each of the last six fiscal years, with a five-year compound annual growth rate of 14.0% (FY2021 to FY2026).
- Going back by fiscal year, Operating Expenses was $1.26 billion in FY2025 (+17.0%), $1.08 billion in FY2024 (+5.7%), $1.02 billion in FY2023 (+19.3%) and $855 million in FY2022 (+23.4%).
- The five-year range for quarterly Operating Expenses is $218 million (fiscal Q4 2022) to $347 million (fiscal Q2 2026).
- Year-over-year, Operating Expenses increased in six of the last eight quarters, with growth averaging 7.9%.
- The fastest year-over-year change in Operating Expenses over five years came in fiscal Q1 2023 (growth of 28.2%), and the weakest in fiscal Q4 2026 (a decline of 5.2%).
- Business Quant data shows CNM's Operating Expenses at $343 million (Q1 2027), $310 million (Q4 2026) and $341 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 73.20 Bn | 72.32 Bn | 2.05 Bn | 1.27 Bn |
| 2 | W.W. Grainger | 64.31 Bn | 61.91 Bn | 1.98 Bn | 1.18 Bn |
| 3 | Fastenal | 59.91 Bn | 58.90 Bn | 1.10 Bn | 573.90 Mn |
| 4 | Ferguson Enterprises | 46.69 Bn | 43.91 Bn | 2.32 Bn | 1.61 Bn |
| 5 | Sunbelt Rentals Holdings | 33.96 Bn | 33.84 Bn | 1.25 Bn | 989.00 Mn |
| 6 | Reliance | 22.35 Bn | 21.40 Bn | 1.45 Bn | 4.66 Bn |
| 7 | Wesco International | 16.92 Bn | 13.97 Bn | 1.57 Bn | 1.06 Bn |
| 8 | Watsco | 11.60 Bn | 11.60 Bn | 586.29 Mn | - |
| 9 | Applied Industrial Technologies | 10.89 Bn | 10.77 Bn | 392.21 Mn | 248.62 Mn |
| 10 | Core & Main | 8.23 Bn | 7.46 Bn | 573.00 Mn | 346.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 346.00 Mn |
| May 3, 2026 | 343.00 Mn |
| Feb 1, 2026 | 310.00 Mn |
| Nov 2, 2025 | 341.00 Mn |
| Aug 3, 2025 | 347.00 Mn |
| May 4, 2025 | 339.00 Mn |
| Feb 2, 2025 | 327.00 Mn |
| Oct 27, 2024 | 320.00 Mn |
| Jul 28, 2024 | 314.00 Mn |
| Apr 28, 2024 | 300.00 Mn |
| Jan 28, 2024 | 268.00 Mn |
| Oct 29, 2023 | 277.00 Mn |
| Jul 30, 2023 | 275.00 Mn |
| Apr 30, 2023 | 258.00 Mn |
| Jan 29, 2023 | 249.00 Mn |
| Oct 30, 2022 | 266.00 Mn |
| Jul 31, 2022 | 264.00 Mn |
| May 1, 2022 | 241.00 Mn |
| Jan 30, 2022 | 218.00 Mn |
| Oct 31, 2021 | 224.00 Mn |
API Access
Core & Main Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CNM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();