CDW Corporation (CDW)
NASDAQ: CDW · Real-Time Price · USD
137.25
+3.71 (2.78%)
Aug 21, 2026, 4:00 PM EDT - Market closed

CDW Corporation Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
23,50022,42420,99921,37623,74920,821
Revenue Growth
7.41%6.79%-1.76%-9.99%14.06%12.74%
Gross Profit
5,0204,8734,6024,6524,6873,569
Operating Income
1,7131,6721,6771,6811,7351,454
Net Income
1,0801,0671,0781,1041,115988.6
Earnings Per Share
8.338.087.978.108.137.04
EPS Growth
3.50%1.38%-1.60%-0.37%15.48%29.17%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Hardware
16,90416,07115,21915,70318,09116,770
Software
4,4344,2033,8043,7993,6852,802
Services
2,0422,0361,8671,7611,8421,126
Revenue (Total)
23,50022,42420,99921,37623,74920,821

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
361.8618.7717.7588.7315.2258.1
Total Debt
6,4306,1736,3796,2746,6497,523
Net Cash (Debt)
-6,068-5,554-5,662-5,685-6,334-7,265
Net Cash Growth
------
Net Cash Per Share
-46.73-42.05-41.88-41.71-46.23-51.71

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
981.81,2051,2771,5991,336784.6
Capital Expenditures
-121.6-117.1-122.6-148.2-127.8-100
Free Cash Flow
860.21,0881,1551,4511,208684.6
Free Cash Flow Growth
-15.58%-5.77%-20.39%20.06%76.47%-40.79%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
21.36%21.73%21.92%21.77%19.73%17.14%
Operating Margin
7.29%7.46%7.99%7.86%7.31%6.98%
Pretax Margin
6.17%6.37%6.84%6.78%6.26%6.23%
Profit Margin
4.60%4.76%5.13%5.17%4.69%4.75%
FCF Margin
3.66%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
1.84%1.86%1.47%1.09%1.23%0.88%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.4816.6321.5227.5821.6928.11
Forward PE
12.1313.3517.7521.8817.5324.42
P/FCF Ratio
19.9516.3020.0920.9920.0140.60
PS Ratio
0.730.791.111.431.021.34