CDW Corp
CDWNasdaq · SIC 5961
$133.24
↓ -0.8%Jul 17 close · end-of-day
Price
1Y↓ -22.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$17.3B
Enterprise Value
$22.3B
P/E
16.2
P/S
0.8
P/B
6.8
EV/EBITDA
11.4
PEG
—
FCF Yield
6.2%
Dividend Yield
1.9%
Revenue (TTM)
$22.9B
Net Income (TTM)
$1.1B
Free Cash Flow (TTM)
$1.1B
Gross Margin
21.6%
Operating Margin
7.3%
Net Margin
4.7%
ROE
42.1%
ROIC
16.4%
Debt / Equity
2.2
Net Cash
-$5.1B
Return 1Y
-24.5%
Company profile
CDW Corporation provides information technology (IT) solutions in the United States, the UK, Canada, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company also provides advisory and design, software development, implementation, implementation and implementation, managed, professional, configuration, and telecom services.
- CEO
- Christine A. Leahy
- Sector
- Retail Trade
- Industry
- Retail
- Employees
- 15,100
- Headquarters
- Illinois
- Website
- cdw.com
Management & directors
- Connelly Elizabeth H.See Remarks
- Kulevich Frederick J.See Remarks
- Kumar MukeshSee Remarks
- Leahy Christine ASee Remarks
- Locy Peter RSee Remarks
- Miralles Albert Joseph JrSee Remarks
- Sanderson Katherine ElizabethSee Remarks
- Tan HangSee Remarks
- Chawla SonaSee Remarks
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-08-05
CDW Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$5.7B↑ +9.2%
Diluted EPS$1.82↑ +7.7%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $18.5B | $20.8B | $23.7B | $21.4B | $21.0B | $22.4B |
| Gross profit | $3.2B | $3.6B | $4.7B | $4.7B | $4.6B | $4.9B |
| Operating income | $1.2B | $1.4B | $1.7B | $1.7B | $1.7B | $1.7B |
| Net income | $788.5M | $988.6M | $1.1B | $1.1B | $1.1B | $1.1B |
| Diluted EPS | $5.45 | $7.04 | $8.13 | $8.10 | $7.97 | $8.08 |
| Operating cash flow | $1.3B | $784.6M | $1.3B | $1.6B | $1.3B | $1.2B |
| Free cash flow | $1.2B | $684.6M | $1.2B | $1.5B | $1.2B | $1.1B |
| Gross margin | 17.4% | 17.1% | 19.7% | 21.8% | 21.9% | 21.7% |
| Operating margin | 6.4% | 6.8% | 7.3% | 7.9% | 7.9% | 7.4% |
| Net margin | 4.3% | 4.7% | 4.7% | 5.2% | 5.1% | 4.8% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.4B | $5.5B | $5.2B | $5.2B | $6.0B | $5.7B | $5.5B | $5.7B |
| Gross profit | $1.2B | $1.2B | $1.2B | $1.1B | $1.2B | $1.3B | $1.3B | $1.2B |
| Operating income | $433.1M | $481.6M | $408.6M | $361.4M | $420.2M | $443.3M | $430.7M | $376.0M |
| Net income | $281.1M | $316.4M | $264.2M | $224.9M | $271.2M | $291.0M | $279.5M | $235.4M |
| Diluted EPS | $2.07 | $2.34 | $1.97 | $1.69 | $2.05 | $2.21 | $2.13 | $1.82 |
| Operating cash flow | $149.9M | $342.1M | $345.3M | $287.2M | $155.9M | $328.3M | $433.8M | $274.8M |
| Free cash flow | $119.0M | $308.5M | $316.7M | $260.3M | $133.4M | $298.5M | $395.9M | $248.4M |
| Gross margin | 21.8% | 21.8% | 22.3% | 21.6% | 20.8% | 21.9% | 22.8% | 21.0% |
| Operating margin | 8.0% | 8.7% | 7.9% | 7.0% | 7.0% | 7.7% | 7.8% | 6.6% |
| Net margin | 5.2% | 5.7% | 5.1% | 4.3% | 4.5% | 5.1% | 5.1% | 4.1% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | NELMS DAVID W | Award | 229 | $0.00 | $0.00 | filing |
| 2026-07-01 | Swedish Joseph | Award | 208 | $0.00 | $0.00 | filing |
| 2026-06-10 | LEAHY CHRISTINE A· See Remarks | Award | 298 | $129.30 | $38,588.29 | filing |
| 2026-06-10 | TAN HANG· See Remarks | Award | 165 | $129.30 | $21,294.42 | filing |
| 2026-06-10 | NELMS DAVID W | Award | 161 | $129.30 | $20,804.37 | filing |
| 2026-06-10 | MIRALLES ALBERT JOSEPH JR· See Remarks | Award | 108 | $129.30 | $13,988.97 | filing |
| 2026-06-10 | Kumar Mukesh· See Remarks | Award | 105 | $129.30 | $13,590.72 | filing |
| 2026-06-10 | BELL JAMES A | Award | 105 | $129.30 | $13,581.67 | filing |
| 2026-06-10 | ADDICOTT VIRGINIA C. | Award | 90 | $129.30 | $11,655.10 | filing |
| 2026-06-10 | CONNELLY ELIZABETH H.· See Remarks | Award | 88 | $129.30 | $11,431.41 | filing |
| 2026-06-10 | KULEVICH FREDERICK J.· See Remarks | Award | 65 | $129.30 | $8,443.29 | filing |
| 2026-06-10 | Sanderson Katherine Elizabeth· See Remarks | Award | 65 | $129.30 | $8,438.12 | filing |
| 2026-06-10 | Foxx Anthony R | Award | 33 | $129.30 | $4,216.47 | filing |
| 2026-06-10 | Swedish Joseph | Award | 31 | $129.30 | $4,001.84 | filing |
| 2026-06-10 | Jones Marc Ellis | Award | 22 | $129.30 | $2,829.08 | filing |
| 2026-06-10 | LOCY PETER R· See Remarks | Award | 19 | $129.30 | $2,399.81 | filing |
| 2026-06-10 | Grier Kelly J | Award | 8 | $129.30 | $1,018.88 | filing |
| 2026-06-10 | CLARIZIO LYNDA M | Award | 8 | $129.30 | $1,018.88 | filing |
| 2026-05-27 | NELMS DAVID W | Buy | 18,000 | $111.43 | $2.0M | filing |
| 2026-05-18 | LEAHY CHRISTINE A· See Remarks | Buy | 4,830 | $103.40 | $499,397.85 | filing |
| 2026-05-11 | TAN HANG· See Remarks | Award | 33,802 | $0.00 | $0.00 | filing |
| 2026-05-11 | LOCY PETER R· See Remarks | Award | 1,950 | $0.00 | $0.00 | filing |
| 2026-04-01 | NELMS DAVID W | Award | 236 | $0.00 | $0.00 | filing |
| 2026-04-01 | Swedish Joseph | Award | 236 | $0.00 | $0.00 | filing |
| 2026-03-19 | Sanderson Katherine Elizabeth· See Remarks | Tax withholding | 8 | $120.74 | $992.48 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.