
Working Capital in 2026: A Record Gap, and the One Lever Still Working
The 1,000 largest public companies in North America just posted their best margins in 13 years, and at the same time tied up more cash in working capital than ever before. That is the central finding of The Hackett Group’s 2026 North American Working Capital Survey, which analyzes the FY2025 financial statements of the 1,000 largest nonfinancial companies headquartered in the region.



