Core & Main (CNM) Operating Leases (2021 - 2026)
Core & Main (CNM) recorded quarterly Operating Leases of $214.0 million in Q1 2026, up 3.38% quarter-over-quarter from $207.0 million in Q4 2025, and up 20.22% on a YoY basis from $178.0 million in Q1 2025.
Core & Main (CNM) Operating Leases (2021 - 2026) Analysis & Trends
Core & Main's Operating Leases history runs 6 years deep, the most recent figure standing at $214.0 million for Q1 2026.
- In Q1 2026, Operating Leases rose 20.22% year-over-year to $214.0 million; the TTM figure through Feb 2026 stood at $214.0 million (up 20.22% YoY), while the FY2026 annual figure was $214.0 million, up 20.22% from the prior year.
- Operating Leases was $214.0 million for Q1 2026 at Core & Main, up from $207.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $214.0 million in Q1 2026 to a low of $103.0 million in Q1 2022.
- Historically, Operating Leases has averaged $148.4 million across 5 years, with a median of $138.0 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Leases slipped 20.94% in 2022, then jumped 39.04% in 2025.
- A 5-year view of Operating Leases shows it stood at $110.0 million in 2022, then increased by 18.18% to $130.0 million in 2023, then gained by 21.54% to $158.0 million in 2024, then soared by 31.01% to $207.0 million in 2025, then gained by 3.38% to $214.0 million in 2026.
- The last three Operating Leases figures came in at $214.0 million (Q1 2026), $207.0 million (Q4 2025), and $203.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 62.43 Bn | 62.25 Bn | 1.75 Bn |
| 2 | Fastenal | 52.87 Bn | 52.56 Bn | 982.90 Mn |
| 3 | Ferguson Enterprises | 43.71 Bn | 42.89 Bn | 2.32 Bn |
| 4 | Wesco International | 17.21 Bn | 16.51 Bn | 1.29 Bn |
| 5 | Watsco | 14.12 Bn | 13.98 Bn | 427.56 Mn |
| 6 | Applied Industrial Technologies | 11.70 Bn | 11.53 Bn | 380.80 Mn |
| 7 | Qxo | 11.53 Bn | 8.48 Bn | 409.30 Mn |
| 8 | Core & Main | 9.91 Bn | 9.77 Bn | 428.00 Mn |
| 9 | Pool | 6.54 Bn | 6.47 Bn | 329.87 Mn |
| 10 | Msc Industrial Direct | 6.47 Bn | 6.42 Bn | 377.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 214.00 Mn |
| Nov 2, 2025 | 207.00 Mn |
| Aug 3, 2025 | 203.00 Mn |
| May 4, 2025 | 196.00 Mn |
| Feb 2, 2025 | 178.00 Mn |
| Oct 27, 2024 | 158.00 Mn |
| Jul 28, 2024 | 146.00 Mn |
| Apr 28, 2024 | 145.00 Mn |
| Jan 28, 2024 | 138.00 Mn |
| Oct 29, 2023 | 130.00 Mn |
| Jul 30, 2023 | 129.00 Mn |
| Apr 30, 2023 | 123.00 Mn |
| Jan 29, 2023 | 121.00 Mn |
| Oct 30, 2022 | 110.00 Mn |
| Jul 31, 2022 | 114.00 Mn |
| May 1, 2022 | 107.00 Mn |
| Jan 30, 2022 | 103.00 Mn |
| Oct 31, 2021 | 110.10 Mn |
| Aug 1, 2021 | 144.20 Mn |
| Jan 31, 2021 | 86.00 Mn |