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
DateValue
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