Core & Main (CNM) Operating Leases (2021 - 2026)
Core & Main (CNM) recorded Operating Leases of $221 million in fiscal Q2 2027 (quarter ended Aug 2, 2026), up 8.9% from $203 million a year earlier but down 0.9% from the prior quarter.
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Analysis
Core & Main (CNM) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2026 (ended Feb 1, 2026), Core & Main reported Operating Leases of $214 million, up 20.2% from FY2025.
- Annual Operating Leases has increased for five straight fiscal years, with a five-year compound annual growth rate of 20.0% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Leases came in at $178 million in FY2025 (+29.0%), $138 million in FY2024 (+14.0%), $121 million in FY2023 (+17.5%) and $103 million in FY2022 (+19.8%).
- Quarterly Operating Leases has ranged from $103 million in fiscal Q4 2022 to $223 million in fiscal Q1 2027 over the past five years.
- On a year-over-year basis, Operating Leases has increased for 15 consecutive quarters, with growth averaging 24.8% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 39.0% in fiscal Q2 2026, against a decline of 0.1% in fiscal Q3 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $223 million (Q1 2027), $214 million (Q4 2026) and $207 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn |
| 10 | Core & Main | 7.82 Bn | 7.12 Bn | 573.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 221.00 Mn |
| May 3, 2026 | 223.00 Mn |
| 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 |
API Access
Core & Main Operating Leases 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-leases&ticker=CNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=CNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();