CDW Corporation logo

CDW Corporation

CDW

NASDAQTechnologyInformation Technology Services

Previous close

$137.25

+$3.71 · +2.78%

Aug 21, 4:00 PM ET

Pre-market

$137.25

$0.00 · 0.00%

Aug 24, 4:35 AM ET

CDW company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

89

Deep Value

Momentum

56

Neutral

Sentiment

70

Bullish

Risk resilience

51

Elevated Risk

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Company profile

Company website

CDW Corporation specializes in delivering comprehensive information technology services and products across North America and the United Kingdom. It strategically targets three core client divisions: corporate enterprises, small to medium-sized businesses, and public sector organizations. Their portfolio encompasses both individual hardware and software offerings, alongside sophisticated integrated IT solution packages. These comprehensive solutions span on-premise, hybrid, and cloud environments, addressing critical areas such as data center infrastructure, network management, digital workspace enablement, and robust security. Key hardware categories include mobile computing devices (laptops, tablets), network infrastructure components, desktop workstations, display units, and enterprise data storage systems, while software offerings feature application suites, cybersecurity tools, virtualization platforms, operating systems, and network management utilities. Beyond products, CDW delivers a broad spectrum of services, including expert advisory and design, custom software development, system implementation, ongoing managed services, specialized professional support, configuration assistance, and telecommunications solutions, complemented by product warranties. They also focus on providing mission-critical software, system, and network solutions. Furthermore, installation, deployment, and repair services are facilitated for customers, often leveraging a network of third-party partners. Their diverse clientele includes governmental bodies, educational institutions, healthcare providers, and businesses of all scales – from small enterprises to major corporations. Established in 1984, the company maintains its primary corporate offices in Vernon Hills, Illinois.

Industry
Information Technology Services
Sector
Technology
Headquarters
US
CEO
Christine A. Leahy
Listed since
Jun 27, 2013
Employees
14,800

Market position

Day range

Current $137.25

52-week range

Current $137.25

Open
$133.65
Previous close
$133.54
Volume
2.07M
1× average
Average volume
2.06M
Average daily volume
Market cap
17.53B USD
Beta
0.94
Market reference 1
50-day average
$136.36
+0.66% above average
200-day average
$131.61
+4.29% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
23.6B USD
P/E (TTM)
16.44×
P/B (TTM)
7.14×
P/S (TTM)
0.75×
EV / EBITDA
12.1×
Earnings yield
5.96%
Free cash flow yield
6.08%
Dividend yield
1.83%

Profitability & efficiency

Gross margin
21.36%
Operating margin
7.15%
Net margin
4.60%
Return on equity
40.93%
Return on assets
6.65%
Return on invested capital
12.13%

Financial health

Debt / equity
2.44×
Current ratio
1.18×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends24%17%10%3%Gross margin, FY2021: 17.14%Gross margin, FY2022: 19.73%Gross margin, FY2023: 21.76%Gross margin, FY2024: 21.92%Gross margin, FY2025: 21.73%Operating margin, FY2021: 6.82%Operating margin, FY2022: 7.31%Operating margin, FY2023: 7.86%Operating margin, FY2024: 7.86%Operating margin, FY2025: 7.38%Net margin, FY2021: 4.75%Net margin, FY2022: 4.69%Net margin, FY2023: 5.17%Net margin, FY2024: 5.13%Net margin, FY2025: 4.76%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.14%. Gross margin FY2022 19.73%. Gross margin FY2023 21.76%. Gross margin FY2024 21.92%. Gross margin FY2025 21.73%. Operating margin FY2021 6.82%. Operating margin FY2022 7.31%. Operating margin FY2023 7.86%. Operating margin FY2024 7.86%. Operating margin FY2025 7.38%. Net margin FY2021 4.75%. Net margin FY2022 4.69%. Net margin FY2023 5.17%. Net margin FY2024 5.13%. Net margin FY2025 4.76%.

Income trends

Revenue

22.42B USD+6.79%

Operating income

1.66B USD+0.26%

Net income

1.07B USD-1.04%
Income trends across reported periods26.02B USD16.92B USD7.82B USD−1.29B USDRevenue, FY2021: 20.82B USDRevenue, FY2022: 23.75B USDRevenue, FY2023: 21.38B USDRevenue, FY2024: 21B USDRevenue, FY2025: 22.42B USDOperating income, FY2021: 1.42B USDOperating income, FY2022: 1.74B USDOperating income, FY2023: 1.68B USDOperating income, FY2024: 1.65B USDOperating income, FY2025: 1.66B USDNet income, FY2021: 988.6M USDNet income, FY2022: 1.11B USDNet income, FY2023: 1.1B USDNet income, FY2024: 1.08B USDNet income, FY2025: 1.07B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 20.82B USD. Revenue FY2022 23.75B USD. Revenue FY2023 21.38B USD. Revenue FY2024 21B USD. Revenue FY2025 22.42B USD. Operating income FY2021 1.42B USD. Operating income FY2022 1.74B USD. Operating income FY2023 1.68B USD. Operating income FY2024 1.65B USD. Operating income FY2025 1.66B USD. Net income FY2021 988.6M USD. Net income FY2022 1.11B USD. Net income FY2023 1.1B USD. Net income FY2024 1.08B USD. Net income FY2025 1.07B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue22.42B USD21B USD21.38B USD23.75B USD20.82B USD
Cost of goods sold17.55B USD16.4B USD16.72B USD19.06B USD17.25B USD
Gross profit4.87B USD4.6B USD4.65B USD4.69B USD3.57B USD
Selling, general, and administrative3.22B USD2.93B USD2.97B USD2.95B USD2.15B USD
Operating expenses3.22B USD2.95B USD2.97B USD2.95B USD2.15B USD
Interest expense227.4M USD214.5M USD226.6M USD235.7M USD150.9M USD
Depreciation and amortization296M USD275.3M USD270.7M USD290.6M USD191.2M USD
Operating income1.66B USD1.65B USD1.68B USD1.74B USD1.42B USD
Net income1.07B USD1.08B USD1.1B USD1.11B USD988.6M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

18 ratings
Strong buy16%
Buy1267%
Hold528%
Sell00%
Strong sell00%

CDW peers

ETFs holding CDW

Funds reporting this stock among their holdings, ordered by reported position size.

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