CDW Corporation

CDW Corporation

145.20
EUR
+4.15
(+2.94%)
7.28EPS
16.84P/E
15.44BMarket Cap
Nov 04Next Earn
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
TTM
Revenue per Share
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
181.82
Basic EPS, GAAP
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
8.36
Free Cash Flow per Basic Share
2.34
2.55
1.63
3.69
5
6
7.08
9.22
5.66
9.88
11.88
9.55
9.18
7.6
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
2.51
Book Value per Share
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
19.49
Tangible Book Value per Share
-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
-26.38
Basic Weighted Avg Shares
157
171
170
164
155
151
145
143
139
135
135
134
131
129
Sales/Revenue/Turnover
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
23,500
Operating Margin (%)
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
7.14
Depreciation Expense
208
208
227
255
261
266
267
426
191
291
271
275
296
298
Net Income, GAAP
133
245
403
425
523
643
737
789
989
1,115
1,104
1,078
1,067
1,080
Effective Tax Rate (%)
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
25.52
Profit Margin (%)
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
4.6
Working Capital
811
985
904
957
874
994
843
2,055
1,382
1,617
1,263
1,899
1,274
1,384
LT Debt
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
4,955
Total Equity
712
937
1,096
1,046
986
975
960
1,297
706
1,603
2,043
2,353
2,606
2,442
Return on Invested Capital (%)
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
14.99
Return on Capital (%)
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
15.03
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
44.01

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,008
1,006
1,009
LT Borrowings
4,622
4,635
4,808
LT Finance Leases
158
150
147
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
129
128
125
Market Capitalization
17,796
15,407
17,636

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,501
8,965
9,681
Cash, Cash Equivalents & STI
619
579
362
Accounts Receivable, Net
6,312
6,468
7,344
Inventories
563
821
982
Total Current Liabilities
7,226
7,699
8,296
Payables & Accruals
4,832
5,321
5,889
ST Debt
1,008
1,006
1,009
Deferred Revenue
534
597
577

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.71%
26.99%
10.77%
Free Cash Flow
22.81%
4.78%
-5.64%
Net Income, GAAP
10.68%
6.75%
-1.04%
Sales/Revenue/Turnover
5.85%
4.37%
6.79%
Total Cash Common Dividend
20.96%
8.66%
-1.05%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,873
5,423
5,517
5,186
20,999
2025
5,199
5,977
5,737
5,511
22,424
2026
5,680
6,572
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.61
2.1
2.37
1.98
8.06
2025
1.7
2.06
2.22
2.15
8.12
2026
1.82
2.16
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.62
0.62
0.62
0.62
2.48
2025
0.62
0.63
0.62
0.63
2.5
2026
0.63
0.63
- -
- -
- -

Company Description

CEO
Christine A. Leahy
Full Time Employees
14,800
Sector
Technology services
Industry
Information technology services
Address
200 North Milwaukee Avenue Vernon Hills IL United States 60061
IPO Date
Jun 26, 2013
Website
cdw.com
Business
CDW Corporation, a leading multi-brand provider of information technology solutions, offers hardware, software, and integrated services including security, cloud computing, hybrid infrastructure, digital workspace, data center optimization, networking, mobility solutions, collaboration tools, and managed services such as advisory, design, implementation, software development, and warranties to business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. Headquartered in Vernon Hills, Illinois, and founded in 1984, the company operates over 25,000 products through segments encompassing corporate, small business, public sector, and other markets; it maintains subsidiaries like CDW Canada and CDW UK while ranking as a Fortune 500 and S&P 500 member with approximately 15,100 employees. CDW Corporation recently acquired Mission Cloud Services Inc. in late 2024, a leading U.S.-based AWS Premier Tier Partner specializing in cloud professional services, managed services, and consulting, to bolster its Digital Velocity cloud, data, AI, and software platform engineering capabilities and expand its AWS practice with 17 competencies. In October 2025, the company announced leadership changes including the retirement of growth officer Sona Chawla and an expanded role for chief services and solutions officer Mukesh Kumar to integrate technology, services, solutions, product, and partner management into a unified customer-focused team, accelerating AI offerings, platform roadmaps, and go-to-market agility. These moves complement CDW's third-quarter 2025 results showing net sales of $5.7 billion, up 4.0% year-over-year, driven by demand in netcomm products, notebooks, desktops, software, and services amid ongoing economic dynamics.

Company News

  • CDW Appoints Sam Balaji to Board of Directors

  • CDW Canada Awarded Canadian Partner Excellence Award by Dell Technologies for the Fifth Consecutive Year

  • CDW Corporation $CDW Stock: Krilogy Financial LLC Raises Holdings

  • 96,481 Shares in CDW Corporation $CDW Bought by NorthCrest Asset Manangement LLC

  • CDW (NASDAQ:CDW) vs. Iveda Solutions (NASDAQ:IVDA) Critical Review

  • Can CDW Corporation Restore Margin Momentum in the Second Half?

  • CDW's Buyback Pace Jumps: Can Stronger Cash Flow Sustain Returns?

  • Is the Options Market Predicting a Spike in CDW Stock?

  • Head-To-Head Comparison: AmpliTech Group (NASDAQ:AMPG) versus CDW (NASDAQ:CDW)

  • CDW Completes Acquisition of Lovelytics

  • ClearOne (NASDAQ:CLRO) and CDW (NASDAQ:CDW) Head-To-Head Review

  • CDW Canada's AI Workplace Trends Report Finds Canadian Organizations Entering New Phase of AI Maturity as Agentic AI Gains Ground

  • Bank of America Corp DE Acquires Shares of 1,813,551 CDW Corporation $CDW

  • Financial Review: CDW (NASDAQ:CDW) vs. Kimball Electronics (NASDAQ:KE)

  • CDW's $525M Lovelytics Buyout: Can Data & AI Services Boost Growth?

  • Amundi Sells 259,463 Shares of CDW Corporation $CDW

  • CDW Corp (CDW) Stock Down 5.2% -- Now Undervalued? GF Score: 81/100

  • CDW Corporation (CDW) Presents at Citi's 2026 Global TMT Conference Transcript

  • Why Is CDW (CDW) Up 8.4% Since Last Earnings Report?

  • CDW to Acquire Lovelytics to Turn Customer Data into Business Value