YOLFTbeta
CDW Corp

CDW Corp

CDW · NASDAQ · Technology / Information Technology Services

171.65USD-1.14 (-0.66%)

Price History

Full chart

Market Stats

Previous Close172.79
Open173.30
Day Range170.50 – 173.82
52-Week Range96.09 – 158.05
Volume1.51M
Market Cap19.38B
P/E (TTM)18.34
Forward P/E15.15
EPS8.45
Dividend Yield1.65%
Beta0.94
50-Day Avg143.09
200-Day Avg131.99

About

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Commercial, Government, and Education. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. It also provides hardware products comprising notebooks/mobile devices, tablets, network communications, collaboration hardware, data storage and servers, desktop computers, and other hardware; and software products, such as cloud solutions, software assurance, application suites, security, virtualization, collaboration and productivity applications, operating systems, and network management. In addition, the company offers advisory and design, software development, implementation, and managed services, as well as warranties. It serves business, government, education, and healthcare customers. The company was formerly known as CDW Computer Centers, Inc. and changed its name to CDW Corporation in June 2003. CDW Corporation was founded in 1984 and is based in Vernon Hills, Illinois.

Company Details

  • SectorTechnology
  • IndustryInformation Technology Services
  • CEOMs. Christine A. Leahy J.D.
  • Employees14.80K
  • Headquarters200 N. Milwaukee Avenue, Vernon Hills, IL, United States, 60061, USA
  • Websitehttps://www.cdw.com

Leadership

  • Ms. Christine A. Leahy J.D.Chair of the Board, President & CEO · b. 1965
  • Mr. Albert Joseph Miralles Jr.CFO & Executive VP of Enterprise Business Operations · b. 1970
  • Ms. Elizabeth H. ConnellyExecutive VP & Chief Commercial Officer · b. 1965
  • Mr. Mukesh KumarExecutive VP and Chief Services & Solutions Officer · b. 1976
  • Mr. Peter Richard LocySenior VP, Controller & Chief Accounting Officer · b. 1980
  • Mr. Steven J O'BrienVice President of Investor Relations
  • Mr. Frederick J. Kulevich J.D.Chief Legal Officer, Executive VP of Risk & Compliance and Corporate Secretary · b. 1966
  • Sara GranackVice President of Corporate Communications & Reputation
  • Mr. Anand J. RaoSenior VP and Chief Marketing Officer
  • Mr. Michael S. Drory J.D.Senior Vice President of Digital, Strategy & Corporate Development

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue270.90M413.30M628.70M927.89M1.28B1.73B2.56B3.84B3.96B4.26B4.66B5.74B6.29B6.79B8.07B7.16B8.80B9.60B10.13B10.77B12.07B12.99B13.67B14.83B16.24B18.03B18.47B20.82B23.75B21.38B21.00B22.42B
Growth (%)-+52.57%+52.12%+47.59%+37.61%+35.76%+47.75%+50.02%+3.10%+7.65%+9.38%+23.01%+9.66%+7.85%+18.95%-11.26%+22.88%+9.10%+5.48%+6.32%+12.13%+7.57%+5.27%+8.49%+9.49%+11.03%+2.41%+12.74%+14.06%-9.99%-1.77%+6.79%
Cost of Revenue235.70M357.60M546.40M805.41M1.10B1.51B2.24B3.35B3.43B3.70B3.99B4.87B5.32B5.72B6.71B6.03B7.41B8.02B8.46B9.01B10.15B10.87B11.34B12.38B13.53B14.99B15.26B17.25B19.06B16.72B16.40B17.55B
Gross Profit35.20M55.70M82.30M122.48M173.50M220.18M323.54M489.84M527.03M563.84M673.79M870.12M967.63M1.07B1.36B1.13B1.39B1.58B1.67B1.76B1.92B2.12B2.33B2.45B2.71B3.04B3.21B3.57B4.69B4.65B4.60B4.87B
Gross Margin12.99%13.48%13.09%13.20%13.59%12.70%12.63%12.75%13.30%13.22%14.44%15.16%15.38%15.77%16.86%15.82%15.80%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%
Operating Expense22.80M36.30M51.40M68.88M93.01M115.54M165.63M230.24M258.84M265.66M389.33M477.37M548.00M673.44M2.75B1.16B1.04B1.11B1.16B1.25B1.25B1.37B1.51B1.58B1.72B1.91B2.03B2.15B2.95B2.97B2.95B3.22B
Operating Income12.40M19.40M30.90M53.60M80.49M104.64M157.91M259.61M268.20M298.18M284.46M392.76M419.63M396.40M-1.39B-31.90M352.70M470.70M510.60M508.60M673.00M742.00M820.00M866.50M987.30M1.13B1.18B1.42B1.74B1.68B1.65B1.66B
Operating Margin4.58%4.69%4.91%5.78%6.30%6.04%6.17%6.76%6.77%6.99%6.10%6.85%6.67%5.84%-17.19%-0.45%4.01%4.90%5.04%4.72%5.57%5.71%6.00%5.84%6.08%6.29%6.39%6.82%7.31%7.86%7.86%7.38%
EBITDA13.40M21.10M33.10M55.58M83.20M109.40M164.70M270.09M283.58M313.74M299.59M409.76M441.13M424.54M543.30M428.10M564.30M557.40M720.90M653.80M792.90M1.03B1.07B1.07B1.25B1.38B1.58B1.64B2.01B1.68B1.93B1.95B
EBITDA Margin4.95%5.11%5.26%5.99%6.52%6.31%6.43%7.03%7.16%7.36%6.42%7.14%7.01%6.26%6.73%5.98%6.41%5.80%7.12%6.07%6.57%7.96%7.86%7.23%7.73%7.63%8.57%7.88%8.48%7.86%9.17%8.70%
Net Income12.60M12.10M20.10M34.40M51.00M65.84M98.08M162.27M168.69M185.25M175.19M241.44M272.09M266.08M-1.77B-373.40M-29.20M17.10M119.00M132.80M244.90M403.10M425.10M523.10M643.00M736.80M788.50M988.60M1.11B1.10B1.08B1.07B
Net Income Margin4.65%2.93%3.20%3.71%3.99%3.80%3.83%4.22%4.26%4.34%3.76%4.21%4.32%3.92%-21.87%-5.21%-0.33%0.18%1.17%1.23%2.03%3.10%3.11%3.53%3.96%4.09%4.27%4.75%4.69%5.17%5.13%4.76%
R&D-----------------0000000--------
R&D as % of Total Revenue-----------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------
Interest Expense00000000000000390.30M431.70M391.90M324.20M307.40M250.10M197.30M159.50M146.50M150.50M148.60M159.40M154.90M150.90M235.70M226.60M214.50M227.40M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%4.84%6.03%4.45%3.38%3.04%2.32%1.63%1.23%1.07%1.01%0.91%0.88%0.84%0.72%0.99%1.06%1.02%1.01%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets34.30M78.00M133.90M198.83M269.60M341.82M505.92M748.44M937.03M1.10B1.31B1.52B1.65B1.95B6.28B5.98B5.94B5.97B5.72B5.92B6.08B6.76B6.95B6.97B7.17B8.00B9.34B13.20B13.13B13.28B14.68B16.03B
Total Liabilities12.40M22.20M27.70M57.21M69.70M71.06M114.93M112.19M158.37M171.59M248.46M279.52M384.49M564.26M6.01B6.02B5.99B5.97B5.58B5.21B5.14B5.66B5.90B5.98B6.19B7.04B8.05B12.49B11.53B11.24B12.33B13.42B
Total Equity21.90M55.80M106.20M141.62M199.90M270.76M390.98M636.25M778.66M924.07M1.06B1.24B1.26B1.39B262.20M-44.70M-43.50M-7.30M136.50M711.70M936.50M1.10B1.05B985.60M975.20M960.30M1.30B705.70M1.60B2.04B2.35B2.61B
Cash5.80M3.00M14.20M16.46M18.20M4.23M19.75M43.66M145.98M157.14M222.43M148.80M201.25M148.08M94.40M88.00M36.60M99.90M37.90M188.10M344.50M37.60M263.70M144.20M205.80M154.00M1.41B258.10M315.20M588.70M503.50M618.70M
Total Debt3.60M--------------4.62B4.29B4.07B3.77B3.25B3.17B3.26B3.23B3.24B3.21B3.83B4.57B7.35B6.10B5.81B5.99B6.33B
Net Debt-2.20M-3.00M-14.20M-16.46M-18.20M-4.23M-19.75M-43.66M-145.98M-157.14M-222.43M-148.80M-201.25M-148.08M-4.53B4.25B3.97B3.73B3.06B2.82B3.22B2.97B3.09B3.00B3.67B3.16B7.09B5.78B5.22B5.49B5.71B

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.50M3.60M11.20M28.77M19.50M4.52M22.53M141.82M302.40M231.41M125.42M184.21M303.66M216.71M174.20M107.60M423.70M214.70M317.40M366.30M435.00M277.50M604.00M777.70M905.90M1.03B1.31B784.60M1.34B1.60B1.28B1.21B
Investing Cash Flow-300.00K-21.40M-25.80M-26.53M-17.80M-17.58M-9.43M-125.03M-111.01M-109.79M-21.98M-139.95M-4.02M-99.61M-60.30M-82.60M-125.40M-56.00M-41.70M-47.10M-164.80M-354.40M-65.90M-81.10M-86.10M-331.40M-201.00M-2.77B-164.50M-229.60M-659.20M70.20M
Financing Cash Flow6.30M16.00M25.80M---948.00K2.42M7.13M-89.08M-110.45M-38.33M-118.14M-247.31M-170.21M-34.60M-31.90M-350.10M-95.40M-338.00M-168.30M-112.00M-226.50M-304.60M-818.70M-754.80M-749.80M138.80M832.80M-1.10B-1.10B-686.90M-1.18B
Capital Expenditure200.00K2.60M2.10M11.08M17.10M15.11M9.16M33.02M22.49M10.58M11.38M22.11M49.06M85.57M41.10M15.60M41.50M45.70M41.40M47.10M55.00M90.10M63.50M81.10M86.10M236.30M158.00M100.00M127.80M148.20M122.60M117.10M
Free Cash Flow-2.70M1.00M9.10M17.70M2.40M-10.59M13.37M108.81M279.91M220.83M114.04M162.09M254.60M131.15M133.10M92.00M382.20M169.00M276.00M319.20M380.00M187.40M540.50M696.60M819.80M790.90M1.16B684.60M1.21B1.45B1.15B1.09B
Dividends Paid600.00K---------24.87M30.03M35.11M40.72M---007.30M33.60M52.90M78.70M106.90M139.40M183.40M219.60M234.80M282.60M321.50M332.10M328.60M
FCF to OCF108.00%27.78%81.25%61.50%12.31%-234.00%59.34%76.72%92.56%95.43%90.93%88.00%83.84%60.52%76.41%85.50%90.21%78.71%86.96%87.14%87.36%67.53%89.49%89.57%90.50%77.00%87.98%87.25%90.43%90.73%90.40%90.28%
Dividend Paid to FCF-22.22%---------21.81%18.52%13.79%31.05%---0.00%0.00%2.29%8.84%28.23%14.56%15.35%17.00%23.19%18.99%34.30%23.39%22.16%28.76%30.20%

Earnings

Report DateAug 2, 2013Nov 1, 2013Feb 13, 2014May 8, 2014Jul 31, 2014Nov 6, 2014Feb 10, 2015May 7, 2015Aug 3, 2015Nov 4, 2015Feb 9, 2016May 4, 2016Aug 3, 2016Nov 2, 2016Feb 7, 2017May 3, 2017Aug 3, 2017Nov 1, 2017Feb 7, 2018May 2, 2018Aug 2, 2018Oct 31, 2018Feb 7, 2019May 1, 2019Jul 31, 2019Oct 31, 2019Feb 6, 2020May 6, 2020Aug 5, 2020Nov 2, 2020Feb 10, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 9, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 8, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 7, 2024May 1, 2024Jul 31, 2024Oct 30, 2024Feb 5, 2025May 7, 2025Aug 6, 2025Nov 4, 2025Feb 4, 2026May 6, 2026Aug 5, 2026Nov 3, 2026
EPS Estimate-0.470.460.420.570.610.530.530.700.790.720.650.840.910.800.751.021.070.990.921.281.341.211.111.521.581.481.381.381.511.511.531.802.051.932.022.422.522.482.032.332.592.562.152.532.852.321.962.492.622.442.292.662.77
EPS Actual0.320.500.540.470.670.640.590.560.810.840.730.670.930.970.860.751.031.080.991.051.381.421.321.241.601.701.571.381.561.831.821.742.022.132.082.202.492.602.502.032.562.722.571.922.502.632.482.152.602.712.572.282.73-
Surprise-6.38%17.39%11.90%17.54%4.92%11.32%5.66%15.71%6.33%1.39%3.08%10.71%6.59%7.50%0.00%0.98%0.93%0.00%14.13%7.81%5.97%9.09%11.71%5.26%7.59%6.08%0.00%13.04%21.19%20.53%13.73%12.22%3.90%7.77%8.91%2.89%3.17%0.81%0.00%9.87%5.02%0.39%-10.70%-1.19%-7.72%6.90%9.69%4.42%3.44%5.33%-0.44%2.63%-
Timing-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap19.38B
Enterprise Value23.88B
Trailing P/E18.34
Forward P/E15.15
PEG Ratio1.33
Price / Sales0.82
Price / Book7.48
EPS8.45
Book Value19.49
Revenue (TTM)23.50B
Gross Profit (TTM)5.02B
EBITDA2.01B
Profit Margin4.60%
Operating Margin7.35%
Return on Equity44.01%
Return on Assets6.59%
Shares Outstanding125.02M
Shares Float124.55M
Beta0.94
Dividend Yield1.65%
Dividend Rate2.52
Payout Ratio24.49%

Analyst Ratings

Buy
Based on 10 analystsTarget 158.67
  • Strong Buy
    5
  • Buy
    2
  • Hold
    3

Ownership Breakdown

Institutions
112.93%
Insiders
0.46%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    15.24M12.19%
  • Vanguard Capital Management, LLC
    8.34M6.67%
  • Vanguard Portfolio Management, LLC
    8.20M6.56%
  • State Street Corp
    5.78M4.62%
  • Harris Associates L.P.
    5.54M4.43%
  • Boston Partners Global Investors, Inc
    5.26M4.20%
  • Geode Capital Management, LLC
    3.89M3.11%
  • Hotchkis & Wiley Capital Management LLC
    3.78M3.02%
  • Amvescap Plc.
    3.76M3.01%
  • Morgan Stanley - Brokerage Accounts
    3.57M2.86%
  • JPMorgan Chase & Co
    3.36M2.69%
  • Allspring Global Investments Holdings, LLC
    3.12M2.50%
  • Pzena Investment Management, LLC
    2.64M2.11%
  • Jupiter Topco LLC
    2.13M1.71%
  • HHG PLC
    2.13M1.70%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    4.06M3.25%
  • Vanguard Windsor II Inv
    3.34M2.67%
  • Vanguard 500 Index Investor
    3.28M2.63%
  • Vanguard Small Cap Index
    2.81M2.25%
  • Oakmark Investor
    2.25M1.80%

Dividends

20263×
0.63Aug 25, 20260.63May 22, 20260.63Feb 25, 2026
20254×
0.63Nov 25, 20250.63Aug 25, 20250.63May 23, 20250.63Feb 25, 2025
20244×
0.63Nov 25, 20240.62Aug 26, 20240.62May 23, 20240.62Feb 23, 2024
20234×
0.62Nov 22, 20230.59Aug 24, 20230.59May 24, 20230.59Feb 23, 2023
20224×
0.59Nov 23, 20220.50Aug 24, 20220.50May 24, 20220.50Feb 24, 2022
20214×
0.50Nov 23, 20210.40Aug 24, 20210.40May 24, 20210.40Feb 24, 2021
20201×
0.40Nov 24, 2020