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 (%)	- -	- -	31.31	29.72	39.67	39.7	51.51	65.59	76.14	69.86	98.72	96.54	60.58	49.04	43.02
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 (%)	5.13	7.92	7.69	9.16	11.88	11.99	15.11	18.01	19.18	17.09	15.85	16.38	16.42	15.3	14.77
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	- -	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 (%)	- -	- -	29.59	25.64	34.46	32.35	40.98	51.37	57.18	50.4	75.27	72.06	42.94	33.93	29.77

Credit (USD)

Credit Ratios API ChatGPT

	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	19	26	25	413	541	413	56	613	236	1,008
LT Debt	3,865	3,731	3,206	3,151	3,233	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	147	151	149	159	155	151	236	227	215	227
Common Equity/Total Assets	-0.12	2.39	12.01	15.41	16.22	15.05	14.15	13.61	12	13.88	5.35	12.21	15.37	16.03	16.26
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 (%)	95.23	95.48	80.9	76.8	74.21	75.14	76.05	76.09	71.31	68.65	86.12	78.45	66.18	68.98	56.95
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 (%)	100.18	96.51	82.04	77.17	74.84	75.57	76.65	76.69	79.94	77.88	91.24	79.18	73.99	71.81	68.95
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 (%)	100.18	96.47	81.15	75.08	74.62	73.97	75.82	75.49	76.45	67.08	88.59	75.92	69.62	68.09	64.45
EBITDA	676	721	717	881	969	1,075	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	1,075	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	867	987	1,134	1,179	1,419	1,735	1,681	1,651	1,656

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	-0.12	2.39	12.01	15.41	16.22	15.05	14.15	13.61	12	13.88	5.35	12.21	15.37	16.03	16.26
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 (%)	95.23	95.48	80.9	76.8	74.21	75.14	76.05	76.09	71.31	68.65	86.12	78.45	66.18	68.98	56.95
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 (%)	100.18	96.51	82.04	77.17	74.84	75.57	76.65	76.69	79.94	77.88	91.24	79.18	73.99	71.81	68.95
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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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)

Enterprise Value API ChatGPT

	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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	100	38	188	345	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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	4,059	3,908	3,963	4,103	4,356	4,280	4,221	4,184	4,788	5,863	8,059	7,701	7,851	8,345	8,394
Total Debt/Capital (%)	100.18	96.51	82.04	77.17	74.84	75.57	76.65	76.69	79.94	77.88	91.24	79.18	73.99	71.81	68.95
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	9,602	10,128	10,769	12,075	12,989	13,673	14,833	16,241	18,032	18,468	20,821	23,749	21,376	20,999	22,424
TTM EBITDA	676	721	717	881	969	1,075	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	867	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)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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

Shares Outstanding	1	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	141	137	136	135	132
Basic Weighted Avg Shares	145	145	157	171	170	164	155	151	145	143	139	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	98.65	0.26	1.09	2	0.22	1.65	0.94	1.39	1.08	9.94	1.91	2.33	4.39	5.41	4.78
Book Value per Share	-7.21	0.94	4.14	5.44	6.52	6.52	6.44	6.6	6.72	9.14	5.24	11.83	15.23	17.74	20.14
Tangible Book Value per Share	-3,803.37	-24.46	-16.49	-14.23	-15.94	-15.38	-15.63	-14.89	-15.29	-12.29	-39.36	-31.22	-27.89	-27.33	-25.06