CDW Corporation Financial Ratios — CDW Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	0.29	2.04	2.28	4.08	6.28	6.2	7.52	9.1	9.72	9.09	8.77	8.47	8.36	7.71	6.95
Return on Capital (%)	10.76	17.65	20.31	27.49	33.31	32.64	43.28	55.58	55.02	39.89	29.28	28.32	29.62	27.67	26.92
Return on Invested Capital (%)	6.82	8.16	8.73	10.47	10.86	11.9	15.97	17.76	19.33	17.17	15.4	16.4	16.38	15.27	14.75
Gross Margin (%)	16.49	16.48	16.35	15.91	16.29	17.03	16.52	16.67	16.86	17.38	17.14	19.73	21.76	21.92	21.73
EBITDA Margin (%)	7.04	7.12	6.66	7.3	7.46	7.86	7.6	7.71	7.77	8.69	7.73	8.53	9.13	9.17	8.7
Operating Margin (%)	4.9	5.04	4.72	5.57	5.71	6	5.84	6.08	6.29	6.39	6.82	7.31	7.86	7.86	7.38
Incremental Operating Margin (%)	14.73	7.59	-0.31	12.59	7.55	11.4	4.01	8.58	8.16	10.48	10.19	10.8	2.29	7.85	0.3
Pretax Margin (%)	0.29	1.84	1.82	3.21	4.98	4.92	4.45	5.18	5.27	5.43	6.23	6.26	6.78	6.84	6.37
Profit Margin (%)	0.18	1.17	1.23	2.03	3.1	3.11	3.53	3.96	4.09	4.27	4.75	4.69	5.17	5.13	4.76
Net Income to Common Margin (%)	0.18	1.17	1.23	2.03	3.1	3.11	3.53	3.96	4.09	4.27	4.75	4.69	5.17	5.13	4.76
Effective Tax Rate (%)	39.58	36.06	32.07	36.83	37.7	36.85	20.83	23.5	22.42	21.33	23.82	25.09	23.85	24.91	25.28
Dvd Payout Ratio (%)	- -	- -	5.5	13.72	13.12	18.51	20.44	21.68	24.89	27.85	23.75	25.36	29.11	30.81	30.81
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	4,066	3,771	3,251	3,166	3,260	3,234	3,236	3,209	3,828	4,566	7,353	6,098	5,809	5,992	5,788
ST Debt	201	40	45	15	27	18	26	25	413	541	413	56	613	236	1,008
LT Debt	3,865	3,731	3,206	3,151	3,232	3,216	3,210	3,183	3,414	4,025	6,940	6,042	5,196	5,756	4,780
Total Debt/EBITDA	6.02	5.23	4.54	3.59	3.36	3.01	2.87	2.56	2.73	2.85	4.57	3.01	2.98	3.11	2.97
Net Debt/EBITDA	5.87	5.18	4.27	3.2	3.32	2.76	2.74	2.4	2.53	1.86	4.29	2.77	2.59	2.77	2.57
Total Debt/EBIT	8.64	7.39	6.39	4.7	4.39	3.94	3.73	3.25	3.38	3.87	5.18	3.51	3.46	3.63	3.5
Net Debt/EBIT	8.43	7.31	6.02	4.19	4.34	3.62	3.57	3.04	3.12	2.53	4.87	3.23	3.01	3.23	3.03
EBITDA to Interest Expense	2.08	2.34	2.87	4.46	6.08	7.33	7.49	8.43	8.79	10.36	10.67	8.59	8.61	8.98	8.58
EBITDA-CapEx/Interest Expense	2.08	2.34	2.87	4.46	6.08	7.33	7.49	8.43	8.79	10.36	10.67	8.59	8.61	8.98	8.58
EBIT to Interest Expense	1.45	1.66	2.03	3.41	4.65	5.6	5.76	6.64	7.11	7.61	9.4	7.36	7.42	7.7	7.28
Interest Expense	324	307	250	197	160	146	150	149	159	155	151	236	227	214	227
Common Equity/Total Assets	-36.7	-36.22	-33.25	-28.95	-24.42	-24.07	-26.27	-26.38	-25.22	-19.39	-19.47	-13.42	-11.47	-9	-7.94
Long-Term Debt/Equity (%)	- -	2,733.33	450.44	336.42	294.96	307.59	325.69	326.43	355.55	310.33	983.42	376.82	254.38	244.66	183.42
Long-Term Debt/Capital (%)	206.01	219.55	250.24	223.89	200.8	205.86	228.4	241.62	188.6	146.15	145.09	139.35	121.26	123.25	105.87
Long-Term Debt/Total Assets (%)	64.77	65.23	54.11	51.85	47.85	46.28	46.08	44.41	42.68	43.08	52.58	46.01	39.11	39.21	29.82
Total Debt/Equity (%)	-55,698.63	2,762.64	456.82	338.07	297.45	309.36	328.28	329.02	398.57	352.04	1,041.92	380.33	284.4	254.68	222.08
Total Debt/Capital (%)	216.73	221.9	253.78	224.99	202.49	207.04	230.22	243.54	211.43	165.79	153.71	140.65	135.57	128.3	128.19
Total Debt/Total Assets (%)	68.13	65.93	54.88	52.11	48.25	46.55	46.44	44.76	47.85	48.87	55.71	46.44	43.73	40.82	36.11
Net Debt to Equity	-54,330.14	2,734.87	430.39	301.28	294.01	284.14	313.65	307.92	368.88	230.29	979.24	349.75	247.55	226.94	192.28
Net Debt/Capital (%)	223.29	224.68	280.25	265.5	204.94	228.78	245.11	270.11	213.87	222.24	152.71	139.48	136.8	128.14	128.61
EBITDA	676	721	717	881	969	1,074	1,127	1,253	1,401	1,605	1,610	2,026	1,952	1,927	1,951
EBITDA-CapEx	676	721	717	881	969	1,074	1,127	1,253	1,401	1,605	1,610	2,026	1,952	1,927	1,951
Operating Income (Loss)	471	511	509	673	742	820	866	987	1,134	1,179	1,419	1,735	1,681	1,651	1,656

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.07	0.03	0.13	0.23	0.02	0.12	0.06	0.07	0.04	0.36	0.05	0.06	0.11	0.13	0.09
Current Ratio	1.4	1.57	1.58	1.67	1.48	1.42	1.35	1.35	1.24	1.53	1.27	1.33	1.23	1.35	1.18
Quick Ratio	1.12	1.26	1.27	1.4	1.19	1.17	1.12	1.14	1.02	1.28	1.02	1.06	1.03	1.16	1.04
CFO/Avg Current Liab	0.18	0.25	0.28	0.3	0.17	0.29	0.32	0.34	0.33	0.36	0.17	0.27	0.31	0.23	0.19
Common Equity/Total Assets	-36.7	-36.22	-33.25	-28.95	-24.42	-24.07	-26.27	-26.38	-25.22	-19.39	-19.47	-13.42	-11.47	-9	-7.94
Long-Term Debt/Equity (%)	- -	2,733.33	450.44	336.42	294.96	307.59	325.69	326.43	355.55	310.33	983.42	376.82	254.38	244.66	183.42
Long-Term Debt/Capital (%)	206.01	219.55	250.24	223.89	200.8	205.86	228.4	241.62	188.6	146.15	145.09	139.35	121.26	123.25	105.87
Long-Term Debt/Total Assets (%)	64.77	65.23	54.11	51.85	47.85	46.28	46.08	44.41	42.68	43.08	52.58	46.01	39.11	39.21	29.82
Total Debt/Equity (%)	-55,698.63	2,762.64	456.82	338.07	297.45	309.36	328.28	329.02	398.57	352.04	1,041.92	380.33	284.4	254.68	222.08
Total Debt/Capital (%)	216.73	221.9	253.78	224.99	202.49	207.04	230.22	243.54	211.43	165.79	153.71	140.65	135.57	128.3	128.19
Total Debt/Total Assets (%)	68.13	65.93	54.88	52.11	48.25	46.55	46.44	44.76	47.85	48.87	55.71	46.44	43.73	40.82	36.11
CFO/Total Liabilities	3.59	5.68	7.03	8.46	4.9	10.23	13	14.63	14.59	16.33	6.28	11.59	14.22	10.36	8.98
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	4.11	4.78	4.91	5.54	5.53	5.28	5.59	5.7	5.88	4.94	4.64	5.22	5.14	4.22	3.51

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	8.12	7.92	7.87	8.02	7.26	6.53	6.6	6.5	6.36	5.94	5.4	5.3	4.74	4.33	3.92
Days Sales Outstanding	44.94	46.09	46.37	45.53	50.28	55.87	55.34	56.19	57.42	61.42	67.6	68.86	77.08	84.33	93.17
Inventory Turnover	26.1	26.59	25.86	28.22	29.76	26.85	28.68	31.26	28.14	22.25	20.45	22.07	22.78	25.75	30.03
Days Inventory Outstanding	13.99	13.73	14.11	12.93	12.26	13.6	12.73	11.68	12.97	16.4	17.85	16.54	16.02	14.17	12.15
Accounts Payable Turnover	15.26	16.31	15.36	14.79	13.92	11.76	10.33	9.38	8.88	7.85	6.7	6.38	5.82	5.22	4.61
Accounts Payable Turnover Days	23.92	22.38	23.76	24.68	26.23	31.04	35.35	38.91	41.1	46.48	54.51	57.21	62.72	69.97	79.23
Cash Conversion Cycle	35	37.44	36.72	33.78	36.32	38.43	32.72	28.95	29.28	31.34	30.94	28.19	30.38	28.53	26.09
Inventory to Cash Days	30.95	32.36	32.26	32.59	38.02	42.28	42.61	44.52	44.45	45.01	49.75	52.32	61.06	70.16	81.02
Inventories	322	315	382	338	393	452	412	454	611	760	928	800	668	605	563
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	322	315	382	338	393	452	412	454	611	760	928	800	668	605	563
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	3,658	6,000	7,159	8,522	10,799	12,230	20,726	18,793	28,362	24,144	30,597	23,287	17,883
- Cash & Cash Equivalents	100	38	188	344	38	264	144	206	154	1,410	258	315	589	504	619
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	4,066	3,771	3,251	3,166	3,260	3,234	3,236	3,209	3,828	4,566	7,353	6,098	5,809	5,992	5,788
Enterprise Value	3,966	3,733	6,721	8,822	10,382	11,493	13,890	15,233	24,400	21,949	35,457	29,927	35,817	28,561	23,052
Total Capital	1,876	1,699	1,281	1,407	1,610	1,562	1,405	1,318	1,810	2,754	4,783	4,336	4,285	4,670	4,515
Total Debt/Capital (%)	216.73	221.9	253.78	224.99	202.49	207.04	230.22	243.54	211.43	165.79	153.71	140.65	135.57	128.3	128.19
Total Debt / EV	1.03	1.01	0.48	0.36	0.31	0.28	0.23	0.21	0.16	0.21	0.21	0.2	0.16	0.21	0.25
EV/Sales	0.41	0.37	0.62	0.73	0.8	0.84	0.94	0.94	1.35	1.19	1.7	1.26	1.68	1.36	1.03
EV/EBITDA	5.87	5.18	9.38	10.01	10.71	10.7	12.32	12.16	17.42	13.68	22.02	14.77	18.35	14.82	11.81
EV/EBIT	8.43	7.31	13.22	13.11	13.99	14.02	16.03	15.43	21.52	18.61	24.99	17.25	21.31	17.3	13.92
EV/Cash Flow to Firm	9.66	7.26	12.54	15.76	27.55	16.5	15.49	14.94	21.2	15.28	39.42	19.79	20.22	19.86	16.76
EV/Free Cash Flow to Firm	9.66	7.26	12.54	15.76	27.55	16.5	15.49	14.94	21.2	15.28	39.42	19.79	20.22	19.86	16.76
Diluted Market Cap	- -	- -	3,707	6,077	7,222	8,647	10,993	12,449	21,112	19,083	28,772	24,465	30,984	23,530	17,992
Diluted Enterprise Value	3,966	3,733	6,770	8,899	10,445	11,618	14,085	15,452	24,785	22,239	35,866	30,248	36,204	29,019	23,161
EV per Share	27.39	25.73	42.92	51.71	60.96	70.25	89.38	100.95	168.16	153.92	256.01	221.35	266.1	213.46	175.57
TTM Sales	9,602	10,128	10,769	12,074	12,989	13,673	14,833	16,240	18,032	18,468	20,821	23,749	21,376	20,999	22,424
TTM EBITDA	676	721	717	881	969	1,074	1,127	1,253	1,401	1,605	1,610	2,026	1,952	1,927	1,951
TTM Operating Income	471	511	509	673	742	820	866	987	1,134	1,179	1,419	1,735	1,681	1,651	1,656
TTM Cash Flow to Firm	411	514	536	560	377	697	897	1,020	1,151	1,436	900	1,512	1,771	1,438	1,375
TTM Free Cash Flow to Firm	411	514	536	560	377	697	897	1,020	1,151	1,436	900	1,512	1,771	1,438	1,375

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	10.12	13.97	26.03	14.32	14.14	13.74	20.55	14.52	36.67	18.31	19.38	18.42	14.93
EV/EBIT	8.43	7.31	13.22	13.11	13.99	14.02	16.03	15.43	21.52	18.61	24.99	17.25	21.31	17.3	13.92
Enterprise Value	3,966	3,733	6,721	8,822	10,382	11,493	13,890	15,233	24,400	21,949	35,457	29,927	35,817	28,561	23,052
Low Price	- -	- -	17.38	22.72	33.01	30.4	50.49	66.88	76.07	73.39	125.46	147.91	160.66	170.68	135.63
EV/Sales	0.41	0.37	0.62	0.73	0.8	0.84	0.94	0.94	1.35	1.19	1.7	1.26	1.68	1.36	1.03
EV/EBITDA	5.87	5.18	9.38	10.01	10.71	10.7	12.32	12.16	17.42	13.68	22.02	14.77	18.35	14.82	11.81
Price/Earnings	- -	- -	27.55	24.5	17.76	20.05	20.64	19.02	28.13	23.83	28.69	21.66	27.71	21.61	16.77
Price/Earnings Average	- -	- -	26.19	20.59	16.4	16.66	18.39	18.96	21.77	21.53	24.58	21.18	23.85	27.46	20.56
Price/Earnings High	- -	- -	28.9	25.13	19.82	21.35	21.25	22.71	28.55	26.58	29.09	25.32	27.96	32.7	27.44
Price/Earnings Low	- -	- -	20.49	15.83	13.95	11.7	15	15.7	14.98	13.27	17.58	17.94	19.58	21.19	16.7
Price/Book Value	- -	- -	-1.86	-3.41	-4.34	-5.1	-5.9	-6.47	-10.27	-10.37	-11.04	-13.7	-20.07	-17.62	-14.05
Price/Book Value Average	- -	- -	-1.77	-2.87	-4.01	-4.24	-5.26	-6.45	-7.95	-9.37	-9.46	-13.39	-17.28	-22.39	-17.23
Price/Book Value High	- -	- -	-1.95	-3.5	-4.84	-5.43	-6.07	-7.72	-10.43	-11.56	-11.19	-16.01	-20.26	-26.66	-23
Price/Book Value Low	- -	- -	-1.38	-2.2	-3.41	-2.97	-4.29	-5.34	-5.47	-5.78	-6.76	-11.35	-14.19	-17.28	-13.99
Price/Tangible Book Value	- -	- -	-1.29	-2.45	-2.67	-3.46	-4.52	-5.56	-9.48	-10.78	-5.35	-5.71	-8.18	-6.43	-5.52
Price/Tangible Book Value Average	- -	- -	-1.23	-2.06	-2.47	-2.87	-4.02	-5.54	-7.34	-9.73	-4.58	-5.58	-7.04	-8.17	-6.76
Price/Tangible Book Value High	- -	- -	-1.35	-2.51	-2.98	-3.68	-4.65	-6.64	-9.62	-12.02	-5.42	-6.67	-8.26	-9.72	-9.03
Price/Tangible Book Value Low	- -	- -	-0.96	-1.58	-2.1	-2.02	-3.28	-4.59	-5.05	-6	-3.28	-4.73	-5.78	-6.3	-5.49
Price/Sales	- -	- -	0.34	0.5	0.55	0.62	0.73	0.75	1.15	1.02	1.36	1.02	1.43	1.11	0.8
Price/Sales Average	- -	- -	0.32	0.42	0.51	0.52	0.65	0.75	0.89	0.92	1.17	0.99	1.23	1.41	0.98
Price/Sales High	- -	- -	0.36	0.51	0.62	0.66	0.75	0.9	1.17	1.13	1.38	1.19	1.44	1.68	1.31
Price/Sales Low	- -	- -	0.25	0.32	0.43	0.36	0.53	0.62	0.61	0.57	0.83	0.84	1.01	1.09	0.79
Price/Cash Flow	- -	- -	9.99	13.79	25.8	14.11	13.89	13.5	20.18	14.3	36.15	18.07	19.14	18.23	14.84
Price/Cash Flow Average	- -	- -	9.49	11.59	23.82	11.73	12.37	13.46	15.62	12.92	30.97	17.67	16.47	23.17	18.19
Price/Cash Flow High	- -	- -	10.48	14.15	28.79	15.02	14.29	16.12	20.48	15.94	36.66	21.12	19.32	27.59	24.29
Price/Cash Flow Low	- -	- -	7.43	8.91	20.26	8.23	10.09	11.14	10.75	7.96	22.15	14.97	13.53	17.88	14.78
Price/Free Cash Flow Average	- -	- -	9.62	11.74	24.03	11.9	12.59	13.7	15.91	13.12	31.42	17.9	16.68	23.41	18.3
Price/Free Cash Flow High	- -	- -	10.62	14.33	29.05	15.25	14.55	16.4	20.86	16.19	37.19	21.4	19.56	27.88	24.43
Price/Free Cash Flow Low	- -	- -	7.53	9.03	20.44	8.35	10.27	11.34	10.95	8.09	22.47	15.17	13.7	18.07	14.87
EV/Sales Average	0.41	0.37	0.61	0.65	0.76	0.74	0.86	0.94	1.09	1.09	1.51	1.24	1.48	1.67	1.21
EV/Sales High	0.41	0.37	0.64	0.74	0.86	0.88	0.96	1.08	1.37	1.31	1.72	1.43	1.69	1.94	1.54
EV/Sales Low	0.41	0.37	0.54	0.55	0.68	0.58	0.74	0.81	0.82	0.74	1.18	1.09	1.26	1.35	1.02
EV/EBITDA Average	5.87	5.18	9.12	8.93	10.14	9.36	11.27	12.13	14.08	12.54	19.5	14.5	16.17	18.21	13.89
EV/EBITDA High	5.87	5.18	9.63	10.19	11.57	11.21	12.6	14.05	17.64	15.02	22.27	16.78	18.5	21.14	17.65
EV/EBITDA Low	5.87	5.18	8.07	7.6	9.12	7.39	9.7	10.45	10.5	8.49	15.2	12.73	13.76	14.7	11.78
EV/EBIT Average	8.43	7.31	12.86	11.69	13.25	12.26	14.67	15.39	17.39	17.07	22.13	16.93	18.77	21.25	16.37
EV/EBIT High	8.43	7.31	13.57	13.34	15.11	14.69	16.4	17.83	21.79	20.45	25.27	19.59	21.48	24.66	20.8
EV/EBIT Low	8.43	7.31	11.37	9.95	11.92	9.69	12.62	13.26	12.98	11.55	17.25	14.86	15.97	17.15	13.88
Last Price	- -	- -	23.36	35.17	42.04	52.09	69.49	81.05	142.84	131.79	204.78	178.58	227.32	174.04	136.2
High Price	- -	- -	24.51	36.08	46.92	55.47	71.53	96.75	144.95	146.95	207.67	208.71	229.42	263.37	222.92
Enterprise Value Average	3,966	3,733	6,541	7,865	9,832	10,054	12,710	15,195	19,715	20,132	31,397	29,383	31,557	35,083	27,094
Enterprise Value High	3,966	3,733	6,901	8,977	11,213	12,046	14,207	17,602	24,706	24,111	35,857	34,000	36,100	40,727	34,438
Enterprise Value Low	3,966	3,733	5,785	6,698	8,844	7,944	10,937	13,095	14,711	13,622	24,471	25,780	26,845	28,325	22,977

Shares Outstanding	- -	145	172	172	168	160	153	148	143	142	135	136	134	133	129
Diluted Weighted Avg Shares	145	146	159	173	172	166	158	154	148	145	140	137	136	135	132
Basic Weighted Avg Shares	145	145	157	171	170	164	155	151	145	143	138	135	135	134	131
Revenue per Share	66.31	69.8	68.77	70.78	76.27	83.57	95.45	107.62	124.28	129.51	150.33	175.66	158.81	156.94	170.79
EBITDA per Share	4.67	4.97	4.58	5.16	5.69	6.57	7.25	8.3	9.65	11.25	11.63	14.98	14.5	14.4	14.86
Operating Income per Share	3.25	3.52	3.25	3.94	4.36	5.01	5.58	6.54	7.81	8.27	10.25	12.83	12.49	12.34	12.61
Basic EPS, GAAP	0.12	0.82	0.85	1.44	2.37	2.6	3.37	4.26	5.08	5.53	7.14	8.24	8.2	8.06	8.12
Basic EPS from Cont Ops	0.12	0.82	0.85	1.44	2.37	2.6	3.37	4.26	5.08	5.53	7.14	8.24	8.2	8.06	8.12
Diluted EPS, GAAP	0.12	0.82	0.84	1.42	2.35	2.56	3.31	4.19	4.99	5.45	7.04	8.14	8.1	7.97	8.07
Diluted EPS from Cont Ops	0.12	0.82	0.84	1.42	2.35	2.56	3.31	4.19	4.99	5.45	7.04	8.14	8.1	7.97	8.07
Dividend per Share	- -	- -	0.05	0.2	0.31	0.48	0.69	0.92	1.26	1.54	1.7	2.09	2.39	2.48	2.5
Cash Flow per Share	1.48	2.19	2.34	2.55	1.63	3.69	5	6	7.08	9.22	5.66	9.88	11.88	9.55	9.18
Free Cash Flow per Basic Share	1.48	2.19	2.34	2.55	1.63	3.69	5	6	7.08	9.22	5.66	9.88	11.88	9.55	9.18
Cash & Equivalents per Share	0.69	0.26	1.2	2.02	0.22	1.61	0.93	1.36	1.06	9.89	1.86	2.33	4.37	5.36	4.71
Book Value per Share	-15.12	-14.28	-12.58	-10.31	-9.69	-10.22	-11.78	-12.53	-13.9	-12.71	-18.55	-13.04	-11.32	-9.88	-9.69
Tangible Book Value per Share	-26.6	-24.47	-18.11	-14.36	-15.74	-15.07	-15.39	-14.58	-15.07	-12.23	-38.31	-31.29	-27.79	-27.09	-24.7

CDW Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)