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CDW Corp

CDW

$139.52 ▼ -6.61 (-4.52%) at close

18 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Fair

Neutral

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Analytical Summary

CDW Corp shows mixed fundamentals. Consider comparing against peers in the Consumer Discretionary sector before making investment decisions.

Market Cap $18.3B

Dividend Yield 1.80%

Revenue Growth 6.8% ↗

Op. Margin 7.4% ↘

ROIC 17.1% ↗

FCF / Share $8.29 ↘

Trailing P/E 17.2x

Price / Book 6.9x

FCF Yield 5.9%

Debt / Equity 1.77

info Valuation on last close. End-of-day price, Sep 24, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$22.42B

↑ +6.8% —

Net Income Profit after all expenses

$1.07B

↓ -1.0% —

Operating Margin Operating profit as % of sales

7.4%

↓ -6.1% 49th

FCF / Share Free cash flow per share

$8.29

↓ -4.0% —

Long-Term Debt Long-term obligations

$4.62B

↓ -17.6% —

trending_up

Bullish Indicators

Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)

Health Breakdown

Profitability ↑

Returns ↓

Financial Health ↓

Cash Quality ↑

Dividend History

Dividend / share · sourced from SEC filings

$2.50 Latest / share

+0.8% YoY

+26.1% 12-yr CAGR

$0.20

FY 2014

$0.31

FY 2015

$0.48

FY 2016

$0.69

FY 2017

$0.93

FY 2018

$1.26

FY 2019

$1.54

FY 2020

$1.70

FY 2021

$2.09

FY 2022

$2.39

FY 2023

$2.48

FY 2024

$2.50

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	6.8% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	-1.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-125%)	-10.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-243%)	14.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+101%)	12.7% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+82%)	2.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-66%)	11.0% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+58%)	9.5% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+36%)	6.1% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-13%)	7.6% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+9%)	7.6% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+8%)	12.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+73%)	6.3% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-10%)	5.5% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-22%)	9.1% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+30%)	22.9% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+227%)	—	—
EPS Growth YoY (%)	0.9% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	-1.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-0.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	15.4% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	29.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	8.9% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	19.2% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	26.4% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	30.1% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	9.3% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	64.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	69.4% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	3.7% Caution Caution Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—
Net Income Growth YoY (%)	-1.0% Weak ↓ Weak Declining Year-over-year change in net income	-2.4% Weak ↓ Weak Declining Year-over-year change in net income	-0.9% Weak ↓ Weak Declining Year-over-year change in net income	12.7% Fair ↓ Fair Declining Year-over-year change in net income	25.4% Excellent ↑ Excellent Improving Year-over-year change in net income	7.0% Fair ↓ Fair Declining Year-over-year change in net income	14.6% Fair ↓ Fair Declining Year-over-year change in net income	22.9% Good ↓ Good Declining Year-over-year change in net income	23.3% Good ↓ Good Declining Year-over-year change in net income	5.3% Fair ↓ Fair Declining Year-over-year change in net income	64.6% Excellent ↓ Excellent Declining Year-over-year change in net income	84.4% Excellent ↓ Excellent Declining Year-over-year change in net income	11.6% Fair ↓ Fair Declining Year-over-year change in net income	595.9% Excellent Excellent Year-over-year change in net income	N/M	92.2% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	-4.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	-19.9% Weak ↓ Weak Declining Year-over-year change in free cash flow	20.6% Good ↓ Good Declining Year-over-year change in free cash flow	80.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-39.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	48.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	0.3% Caution ↓ Caution Declining Year-over-year change in free cash flow	21.2% Good ↓ Good Declining Year-over-year change in free cash flow	35.7% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	200.2% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-50.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	-4.8% Weak Weak Year-over-year change in free cash flow	6.9% Fair Fair Year-over-year change in free cash flow	—	—	—	—	—
Revenue CAGR 3Y (%)	-1.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	0.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	5.0% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	9.6% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	8.6% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	7.6% Fair → Fair Stable Compound annual revenue growth over 3 years	8.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	7.7% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	7.1% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	9.1% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	8.6% Fair → Fair Stable Compound annual revenue growth over 3 years	7.9% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	7.0% Fair Fair Compound annual revenue growth over 3 years	12.2% Good Good Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	4.0% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	3.1% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	5.6% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	9.9% Good ↑ Good Improving Compound annual revenue growth over 5 years	8.3% Good → Good Stable Compound annual revenue growth over 5 years	7.3% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	8.4% Good → Good Stable Compound annual revenue growth over 5 years	8.6% Good ↑ Good Improving Compound annual revenue growth over 5 years	7.9% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	7.8% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	8.1% Good Good Compound annual revenue growth over 5 years	11.0% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	-0.4% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	4.1% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	14.0% Good ↓ Good Declining Compound annual EPS growth over 3 years	17.5% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	18.8% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	18.0% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	25.2% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	21.6% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	32.8% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	45.0% Excellent Excellent Compound annual EPS growth over 3 years	42.4% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	7.4% Caution → Caution Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-38%)	7.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	7.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	7.3% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-39%)	6.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-43%)	6.4% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-47%)	6.3% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-48%)	6.1% Caution → Caution Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-49%)	5.8% Weak → Weak Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-51%)	5.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-51%)	5.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-52%)	5.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-54%)	4.7% Weak → Weak Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-61%)	5.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-58%)	4.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-59%)	4.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	-0.4% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-104%)	—
Effective Tax Rate (%) (%)	25.3% Caution → Caution Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	24.9% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.9% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.1% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.8% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.3% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.4% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.5% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	20.8% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.9% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	37.7% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.8% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	32.1% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.1% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	39.6% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.1% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	19.0% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	4.8% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-41%)	5.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-36%)	5.2% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-35%)	4.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-41%)	4.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-41%)	4.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-47%)	4.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-49%)	4.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-51%)	3.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	3.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-62%)	3.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-61%)	2.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-75%)	1.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-85%)	1.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-85%)	0.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-98%)	-0.3% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-104%)	-5.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-165%)	—
FCF Margin (%) (%)	4.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	5.5% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.8% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	5.1% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	6.3% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.4% Weak → Weak Stable Free cash flow as a percentage of revenue Optimal: > 10%	5.0% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.9% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	1.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.4% Weak → Weak Stable Free cash flow as a percentage of revenue Optimal: > 10%	3.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	1.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	1.02x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.07x Fair → Fair Stable Free cash flow relative to reported net income Optimal: > 1x	1.31x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	1.08x Fair → Fair Stable Free cash flow relative to reported net income Optimal: > 1x	0.69x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.47x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	1.07x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.27x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	1.33x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	1.27x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	0.46x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.55x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	2.76x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.67x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	12.56x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-14.51x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.29x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	17.1% Excellent → Excellent Stable Return earned on debt + equity capital invested Optimal: > 10%	15.6% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	18.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	17.4% Excellent → Excellent Stable Return earned on debt + equity capital invested Optimal: > 10%	14.5% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	18.0% Excellent → Excellent Stable Return earned on debt + equity capital invested Optimal: > 10%	20.7% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	18.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	16.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	12.1% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	10.7% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	10.4% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	8.8% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	8.4% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	7.4% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	-639.9% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	57.8% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	10.3% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	11.2% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	12.7% Good → Good Stable Operating profit relative to total assets Optimal: > 10%	13.2% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	10.8% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	12.6% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	14.2% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	13.8% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	12.4% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	11.8% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	11.0% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	11.1% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	8.6% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	8.9% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.9% Fair Fair Operating profit relative to total assets Optimal: > 10%	5.9% Caution Caution Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	40.9% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+105%)	45.8% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+129%)	54.1% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+170%)	69.5% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+248%)	140.1% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+600%)	60.8% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+204%)	76.7% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+284%)	65.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+230%)	53.1% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+165%)	40.6% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+103%)	36.8% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+84%)	26.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+31%)	18.7% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-7%)	87.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+336%)	-234.2% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1271%)	67.1% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+236%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	1.77x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+122%)	2.38x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+198%)	2.46x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+208%)	3.66x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+357%)	9.57x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1097%)	2.97x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+272%)	3.42x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+327%)	3.26x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+308%)	3.26x Weak → Weak Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+307%)	3.08x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+284%)	2.95x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+269%)	3.36x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+321%)	4.50x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+463%)	27.33x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+3317%)	-529.45x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-66282%)	—	—	—
Interest Coverage (x)	7.07x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	7.59x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	7.21x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	7.74x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	10.57x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	8.46x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	7.35x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	6.64x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.84x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.68x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	4.80x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	3.44x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	2.03x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	1.66x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	1.45x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	0.90x Weak Weak Operating income divided by interest expense Optimal: > 5x	-0.07x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$4.00B	$5.10B	$4.44B	$5.55B	$6.50B	$2.45B	$3.13B	$2.98B	$3.07B	$2.95B	$3.19B	$2.81B	$3.02B	$3.69B	$3.77B	$-36.60M	$-88.00M	$-94.40M
Debt / EBITDA (x)	2.37x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.91x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.58x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.90x Fair → Fair Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.20x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.40x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.34x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.54x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.85x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.00x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.33x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.58x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.47x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.18x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.72x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$170.79	$156.94	$158.81	$175.66	$150.33	$129.51	$124.28	$107.62	$95.45	$85.46	$76.27	$70.78	$68.77	$69.80	—	—	—	—
Basic EPS, GAAP (USD)	$8.13	$8.06	$8.20	$8.24	$7.14	$5.53	$5.08	$4.26	$3.37	$2.59	$2.37	$1.44	$0.85	$0.82	—	—	—	—
Free Cash Flow per Share (USD)	$8.29	$8.63	$10.78	$8.94	$4.94	$8.11	$5.45	$5.43	$4.48	$3.30	$1.10	$2.23	$2.34	$2.19	—	—	—	—
Dividend per Share (USD)	$2.50	$2.48	$2.39	$2.09	$1.70	$1.54	$1.26	$0.93	$0.69	$0.48	$0.31	$0.20	$0.04	$0.00	—	—	—	—
Book Value per Share (USD)	$20.14	$17.74	$15.23	$11.83	$5.24	$9.14	$6.72	$6.60	$6.44	$6.52	$6.52	$5.44	$4.14	$0.94	—	—	—	—
Tangible Book Value per Share (USD)	$-25.06	$-27.33	$-27.89	$-31.22	$-39.36	$-12.29	$-15.29	$-14.89	$-15.63	$-15.38	$-15.94	$-14.23	$-16.49	$-24.47	—	—	—	—
Basic Weighted Avg Shares (shares)	131.30M	133.80M	134.60M	135.20M	138.50M	142.60M	145.10M	150.90M	155.40M	163.60M	170.30M	170.60M	156.60M	145.10M	—	—	—	—
Dividend Payout Ratio (%)	—	—	—	—	—	—	—	—	—	—	—	—	5.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	0.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$1.27B	$1.90B	$1.26B	$1.62B	$1.38B	$2.06B	$842.70M	$993.70M	$874.20M	$957.40M	$903.50M	$985.40M	$810.90M	$666.50M	$538.10M	$675.40M	—	—
LT Debt (USD)	$4.62B	$5.61B	$5.03B	$5.87B	$6.76B	$3.86B	$3.28B	$3.18B	$3.21B	$3.22B	$3.23B	$3.15B	$3.21B	$3.73B	$3.87B	—	—	—
Total Equity (USD)	$2.61B	$2.35B	$2.04B	$1.60B	$705.70M	$1.30B	$960.30M	$975.20M	$985.60M	$1.05B	$1.10B	$936.50M	$711.70M	$136.50M	$-7.30M	$-43.50M	$-44.70M	$262.20M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$22.42B	$21.00B	$21.38B	$23.75B	$20.82B	$18.47B	$18.03B	$16.24B	$14.83B	$13.98B	$12.99B	$12.07B	$10.77B	$10.13B	$9.60B	$8.80B	$7.16B	—
Depreciation Expense (USD)	$295.60M	$275.30M	$270.70M	$290.60M	$191.20M	$425.60M	$267.10M	$265.60M	$260.90M	$254.50M	$227.40M	$207.90M	$208.20M	$210.20M	$204.90M	—	—	—
Net Income, GAAP (USD)	$1.07B	$1.08B	$1.10B	$1.11B	$988.60M	$788.50M	$736.80M	$643.00M	$523.10M	$424.40M	$403.10M	$244.90M	$132.80M	$119.00M	$17.10M	$-29.20M	$-373.40M	—
Operating Cash Flow (USD)	$1.21B	$1.28B	$1.60B	$1.34B	$784.60M	$1.31B	$1.03B	$905.90M	$777.70M	$604.00M	$277.50M	$435.00M	$366.30M	$317.40M	$214.70M	$423.70M	$107.60M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 2 days ago 18 years · 67 quarters

CDW Corp

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