CDW Corporation (CDW)
NASDAQ: CDW · Real-Time Price · USD
147.81
+2.25 (1.55%)
At close: Jul 31, 2026, 4:00 PM EDT
147.75
-0.06 (-0.04%)
After-hours: Jul 31, 2026, 7:34 PM EDT

CDW Corporation Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
22,90522,42420,99921,37623,74920,821
Revenue Growth
7.41%6.79%-1.76%-9.99%14.06%12.74%
Gross Profit
4,9414,8734,6024,6524,6873,569
Operating Income
1,6701,6561,6511,6811,7351,419
Net Income
1,0771,0671,0781,1041,115988.6
Earnings Per Share
8.228.087.978.108.137.04
EPS Growth
1.86%1.38%-1.60%-0.37%15.48%29.17%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Hardware
16,44116,07115,21915,70318,09116,770
Software
4,3104,2033,8043,7993,6852,802
Services
2,0372,0361,8671,7611,8421,126
Revenue (Total)
22,90522,42420,99921,37623,74920,821

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
578.6618.7717.7588.7315.2258.1
Total Debt
5,7915,7885,9925,8096,0987,043
Net Cash (Debt)
-5,212-5,169-5,274-5,220-5,783-6,785
Net Cash Growth
------
Net Cash Per Share
-39.76-39.13-39.01-38.30-42.21-48.29

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,1931,2051,2771,5991,336784.6
Capital Expenditures
-116.6-117.1-122.6-148.2-127.8-100
Free Cash Flow
1,0761,0881,1551,4511,208684.6
Free Cash Flow Growth
7.14%-5.77%-20.39%20.06%76.47%-40.79%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
21.57%21.73%21.92%21.76%19.73%17.14%
Operating Margin
7.29%7.38%7.86%7.86%7.31%6.82%
Pretax Margin
6.30%6.37%6.84%6.78%6.26%6.23%
Profit Margin
4.70%4.76%5.13%5.17%4.69%4.75%
FCF Margin
4.70%4.85%5.50%6.79%5.09%3.29%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.5202.5052.4852.3902.0901.700
Dividend Per Share Growth
0.80%0.80%3.98%14.35%22.94%10.39%
Dividend Yield
1.70%1.84%1.43%1.05%1.17%0.83%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
17.9916.8621.8428.0621.9729.09
Forward PE
13.4913.3517.7521.8817.5324.42
P/FCF Ratio
17.5516.2019.9921.0220.0340.32
PS Ratio
0.820.791.101.431.021.33