CDW (CDW) Stock Price

CDW Price

🇺🇸NASDAQ·CLOSED
123.41USD
Market closed
Today +/-
+1.81 USD
Today %
+1.48 %
PRO

CDW (CDW) — ISIN US12514G1085. The CDW stock price was 123.41 USD in 2026. Revenue was 23.29 B USD. Earnings were 1.38 B USD. P/E ratio was 11.81. CDW operates in the Information technology sector.

CDW stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of CDW over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how CDW stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing CDW's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

CDW Stock Price History
DateCDW Price
2/26/2026123.41 USD
2/25/2026121.60 USD
2/24/2026124.03 USD
2/23/2026123.12 USD
2/20/2026124.66 USD
2/19/2026124.03 USD
2/18/2026124.19 USD
2/16/2026125.15 USD
2/12/2026126.86 USD
2/11/2026126.83 USD
2/10/2026134.97 USD
2/9/2026142.85 USD
2/8/2026143.44 USD
2/5/2026142.62 USD
2/4/2026140.77 USD
2/3/2026138.08 USD
2/2/2026126.16 USD
2/1/2026126.83 USD

CDW Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
6.79 B USD
421 M USD
266 M USD
Jan 1, 2007
8.15 B USD
316 M USD
134 M USD
Jan 1, 2008
8.07 B USD
325 M USD
-1.77 B USD
Jan 1, 2009
7.16 B USD
210 M USD
-373 M USD
Jan 1, 2010
8.8 B USD
353 M USD
-29 M USD
Jan 1, 2011
9.6 B USD
471 M USD
17 M USD
Jan 1, 2012
10.13 B USD
510 M USD
119 M USD
Jan 1, 2013
10.77 B USD
509 M USD
133 M USD
Jan 1, 2014
12.08 B USD
673 M USD
245 M USD
Jan 1, 2015
12.99 B USD
742 M USD
403 M USD
Jan 1, 2016
13.67 B USD
820 M USD
425 M USD
Jan 1, 2017
14.83 B USD
866 M USD
523 M USD
Jan 1, 2018
16.24 B USD
987 M USD
643 M USD
Jan 1, 2019
18.03 B USD
1.13 B USD
737 M USD
Jan 1, 2020
18.47 B USD
1.18 B USD
789 M USD

CDW Income Statement, Balance Sheet, Cash Flow Statement

Last updated Mar 3, 2026, 8:48 PM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026e2027e2028e
6.296.798.158.077.168.89.610.1310.7712.0812.9913.6714.8316.2418.0318.4720.8223.7521.382122.4223.2924.2324.83
7.8520.03-0.91-11.2522.879.105.486.3312.137.575.278.489.4911.032.4212.7414.06-9.99-1.776.793.874.042.46
15.3815.7716.1816.8615.8215.8116.5016.4916.3415.9116.2917.0316.5216.6716.8617.3817.1419.7421.7621.9221.7320.9220.1119.63
0.971.071.321.361.131.391.581.671.761.922.122.332.452.713.043.213.574.694.654.64.874.874.874.87
0.270.270.13-1.77-0.37-0.030.020.120.130.250.40.430.520.640.740.790.991.121.11.081.071.381.491.62
-2.21-49.62-1,417.16-78.87-92.23-158.62600.0011.7684.2164.495.4623.0622.9414.627.0625.3512.74-0.99-2.45-1.0229.467.978.39
--------0.170.240.310.480.690.931.271.541.702.092.392.492.512.522.933.18
41.1829.1754.8443.7534.7836.5621.2610.3922.9414.353.770.810.8016.278.53
132.1132.1132.1168168168168168159173172166158154148145141137136.3135.2132.1132.1132.1132.1
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales CDW generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue CDW retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare CDW's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares CDW has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against CDW's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

 
ASSETS
CASH BALANCE (B USD)
RECEIVABLES (B USD)
OTHER REC. (M USD)
INVENTORIES (M USD)
OTHER CURRENT LIAB. (M USD)
CURRENT ASSETS (B USD)
TANGIBLE ASSETS (M USD)
LONG-T. INVEST. (M USD)
LONG-T. REC. (M USD)
INTANGIBLE ASSETS (B USD)
GOODWILL (B USD)
OTHER NON-CURRENT ASSETS (B USD)
NON-CURRENT ASSETS (B USD)
TOTAL ASSETS (B USD)
LIABILITIES
COMMON STOCK (M USD)
ADDITIONAL PAID-IN CAPITAL (B USD)
RETAINED EARNINGS (M USD)
OTHER EQUITY (B USD)
UNREAL. GAINS/LOSSES (M USD)
EQUITY (B USD)
LIABILITIES (B USD)
PROVISIONS (B USD)
OTHER SHORT-TERM LIAB. (M USD)
SHORT-TERM DEBTS (M USD)
LONG-TERM DEBT PORTION (B USD)
SHORT-TERM REC. (B USD)
LONG-T. LIAB. (B USD)
DEFERRED TAXES (M USD)
OTHER LIAB. (B USD)
LONG-T. LIABILITIES (B USD)
DEBT (B USD)
TOTAL CAPITAL (B USD)
200820092010201120122013201420152016201720182019202020212022202320242025
                  
0.090.090.040.10.040.190.350.040.260.140.210.151.410.260.320.590.720.62
0.871.011.091.261.291.451.562.022.172.332.6733.214.634.74.685.236.31
143128192144149146156199235343317395379436490470.5509.9554
243258293322315382338393452412454611760928800668.1605.3563.4
69788960494655144119168149172191223256298.4307.3452
1.421.561.71.881.842.212.462.793.243.43.84.335.956.486.566.717.378.5
202166158154143131137175164161156495306351338324.3312.2308.2
0000008700000000000
0000000000000197203337.59230
2.121.951.791.641.481.331.171.281.060.90.710.590.451.631.491.371.361.19
2.442.212.212.212.212.222.222.52.462.482.462.552.64.384.344.414.624.66
0.10.090.080.070.060.030.010.010.040.030.040.020.040.160.190.130.091.37
4.864.424.244.073.893.713.623.963.713.573.373.673.396.726.576.587.317.53
6.285.985.945.955.725.926.086.756.956.977.1789.3413.213.1313.2814.6816.03
                  
0000122222211111.31.30
2.142.162.172.192.212.692.712.812.862.9133.13.213.373.523.693.830
-1,805-2,179-2,208-2,191-2,073-1,972-1,761-1,652-1,674-1,832-1,893-2,019-1,813-2,571-1,764-1,525.5-1,322.90
-0.07-00-00-0.01-0.02-0.06-0.14-0.1-0.13-0.12-0.1-0.09-0.15-0.12-0.162.61
0-17-2000000000000000
0.26-0.05-0.04-0.010.140.710.941.11.050.990.980.961.30.711.62.042.352.61
0.220.290.570.80.770.921.041.311.651.822.012.272.613.563.343.313.744.57
0.220.220.290.320.30.340.340.40.440.510.590.940.971.031.071.031.011.11
879836285810182152173175178252244403486487.4491534
000000000000000000
0.020.020.130.20.040.050.020.030.020.030.030.030.070.10.060.610.241.01
0.540.641.031.341.171.41.471.892.282.522.83.493.95.14.955.445.477.23
4.624.64.163.873.733.213.153.233.223.213.183.153.866.765.875.035.614.62
7816957306926245644754703691961426255222203171.4167.4171.8
0.070.090.070.060.060.040.050.070.040.050.060.330.240.420.510.61.081.4
5.475.394.964.624.423.813.673.773.623.463.393.554.157.46.585.86.856.2
6.026.025.995.965.585.215.145.665.95.986.197.048.0512.511.5311.2412.3313.42
6.285.985.945.955.725.936.086.766.956.977.1789.3513.213.1313.2814.6816.03
Details

Balance Sheet

What Is the Balance Sheet?

The balance sheet is a financial snapshot of CDW at a specific point in time. It follows the fundamental equation: Assets = Liabilities + Shareholders' Equity. Unlike the income statement (which covers a period), the balance sheet tells you what the company owns, what it owes, and what belongs to shareholders at a given date.

Assets

Current assets (cash, receivables, inventory) can be converted to cash within 12 months and indicate short-term liquidity. Non-current assets (property, equipment, intangible assets, goodwill) represent long-term investments. A high proportion of cash and short-term investments gives CDW financial flexibility to weather downturns, fund acquisitions, or return capital to shareholders.

Liabilities

Current liabilities (accounts payable, short-term debt) are obligations due within one year. Non-current liabilities (long-term debt, pension obligations) are due further out. Key ratio to watch: the debt-to-equity ratio (Total Debt ÷ Shareholders' Equity). A ratio below 1.0 is generally healthy, meaning the company is funded more by equity than debt. Highly leveraged companies amplify both gains and losses.

Shareholders' Equity

Equity is the residual value belonging to shareholders after all debts are paid. It includes retained earnings (accumulated profits not paid out as dividends) and paid-in capital. Rising equity year over year is a positive sign — it means CDW is building book value. Declining equity, especially when driven by losses or heavy share buybacks funded by debt, warrants closer scrutiny.

Key Ratios to Derive

From the balance sheet, you can calculate the current ratio (current assets ÷ current liabilities; above 1.5 is comfortable), book value per share (equity ÷ shares outstanding), and return on equity (net income ÷ equity; above 15 % is strong). Tracking these ratios over time reveals whether CDW is strengthening or weakening its financial position.

 
NET INCOME (B USD)
DEPRECIATION (M USD)
DEFERRED TAXES (M USD)
CHANGES IN WORKING CAPITAL (M USD)
NON-CASH ITEM (B USD)
PAID INTEREST (M USD)
PAID TAXES (M USD)
NET CASH FLOW FROM OPERATING ACTIVITIES (B USD)
CAPITAL EXPENDITURES (M USD)
CASH FLOW FROM INVESTING ACTIVITIES (M USD)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (M USD)
INTEREST INCOME AND EXPENSES (M USD)
NET DEBT CHANGE (B USD)
NET CHANGE IN EQUITY (M USD)
CASH FLOW FROM FINANCING ACTIVITIES (B USD)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (B USD)
TOTAL DIVIDENDS PAID (M USD)
NET CHANGE IN CASH FLOW (B USD)
FREE CASH FLOW (M USD)
SHARE-BASED COMPENSATION (M USD)
200720082009201020112012201320142015201620172018201920202021202220232024
0.13-1.77-0.37-0.030.020.120.130.240.40.420.520.640.740.790.991.111.11.08
80218218209204210208207227254260265267425191290270275
-36-39-94-4-10-56-48-89-54-97-172-56-87-20-6-18-32-14
-108-27-27165-158-9-47-41-275-23601334-431-166118-162
0.011.810.390.090.180.080.170.130.010.080.150.090.130.160.120.210.230.17
21346368377332302267195154144148148154139134224233217
031148-2012382241300329275261272245351362401398
0.040.170.10.420.210.320.370.440.280.60.780.911.031.310.781.341.61.28
-46-41-15-41-45-41-47-55-90-63-81-86-236-158-100-127-148-122
-6,199-60-82-125-56-41-47-164-354-65-81-86-331-201-2,769-164-229-659
-6,152-19-67-83-1000-109-264-200-95-43-2,669-36-81-536
000000000000000000
4.620.01-0.01-0.34-0.32-0.31-0.56-0.14-0.03-0.01-0.060.010.090.632.77-0.93-0.290.2
101000004247-230-350-510-522-657-340-1,43030-450-453
6.69-0.03-0.02-0.35-0.1-0.34-0.17-0.11-0.23-0.3-0.82-0.75-0.750.140.83-1.1-1.1-0.69
1.97-0.05-0.01-0.010.23-0.03-0.020.050.090.14-0.14-0.100.07-0.270.08-0.04-0.1
000000-7-33-52-78-106-139-183-219-234-282-321-332
0.530.08-0.01-0.050.06-0.060.150.16-0.310.23-0.120.06-0.051.26-1.150.060.27-0.08
-4.4133.182.9382.2169276319.2380187.4540.5696.6819.8790.91,156.3684.61,208.11,450.51,154.7
000000000000000000

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CDW Stock Quarterly Figures

 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
2009 Q32009 Q42010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q22013 Q32013 Q42014 Q12014 Q22014 Q32014 Q42015 Q12015 Q22015 Q32015 Q42016 Q12016 Q22016 Q32016 Q42017 Q12017 Q22017 Q32017 Q42018 Q12018 Q22018 Q32018 Q42019 Q12019 Q22019 Q32019 Q42020 Q12020 Q22020 Q32020 Q42021 Q12021 Q22021 Q32021 Q42022 Q12022 Q22022 Q32022 Q42023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12025 Q22025 Q32025 Q42026 Q1e2026 Q2e2026 Q3e2026 Q4e2027 Q1e2027 Q2e2027 Q3e2027 Q4e
1.961.961.932.222.372.272.132.412.582.482.322.582.622.62.412.782.862.712.653.113.273.052.763.313.53.423.123.663.713.183.263.893.933.753.614.194.374.073.964.634.914.544.394.374.764.964.845.155.35.545.956.156.225.445.15.635.635.024.875.425.525.195.25.985.745.515.525.996.065.785.556.246.385.94
0.05-1.5314.946.79-4.42-6.1713.297.01-3.95-6.4511.431.51-0.84-7.3015.263.06-5.27-2.2517.125.15-6.61-9.6720.295.64-2.37-8.8417.591.20-14.162.2919.501.08-4.60-3.8916.084.47-6.84-2.8716.986.01-7.56-3.24-0.558.964.21-2.406.392.994.457.463.291.14-12.50-6.1610.250.04-10.84-2.9111.311.71-5.980.2514.95-4.00-3.940.118.501.22-4.64-3.9112.392.18-6.81
15.3315.3815.7716.1515.5015.6916.4916.6316.2716.5016.5616.4916.4716.3416.6716.2315.9916.5116.0315.9715.5216.1016.5516.1116.2016.3016.8216.6516.5618.1916.9816.4516.3216.3416.7216.6016.3017.0116.9816.7016.6317.1317.2217.1117.3517.7616.4417.1417.2517.6118.5619.0119.8421.7221.3420.9921.8022.9821.8221.8121.7522.2721.5820.7721.8822.7522.7320.9520.7021.7022.5920.1019.6721.10
0.30.30.310.360.370.360.350.40.420.410.380.430.430.430.40.450.460.450.430.50.510.490.460.530.570.560.520.610.610.580.550.640.640.610.60.70.710.690.670.770.820.780.760.750.830.880.80.880.910.981.11.171.231.181.091.181.231.151.061.181.21.161.121.241.261.251.251.251.251.251.251.251.251.25
-25-372-70-24-4-343719103638332846-2605086555154108150897711712510358140129194127173183159152196201185167189193238232274266215250279297287230262315296216281316264224271291279297350381369312369409389
48.00-105.41-450.00-83.33750.00-208.82-48.65-47.37260.005.56-13.16-15.1564.29-104.35-3,100.00-16.6772.00-36.05-7.275.88100.0038.89-40.67-13.4851.956.84-17.60-43.69141.38-7.8650.39-34.5436.225.78-13.11-4.4028.952.55-7.96-9.7313.172.1223.32-2.5218.10-2.92-19.1716.2811.606.45-3.37-19.8613.9120.23-6.03-27.0330.0912.46-16.46-15.1520.987.38-4.126.4517.858.86-3.15-15.4518.2710.84-4.89
-----------------0.040.040.040.040.070.070.070.070.110.110.110.110.160.160.160.160.210.210.210.210.300.300.300.300.380.380.380.380.400.400.400.400.500.500.500.500.590.590.590.590.620.620.620.620.630.630.630.630.630.63-------
75.0057.1445.4531.2538.1031.035.2625.0018.005.081.61
168.5168.5168.5168.5168.5168.5168.5168.5168.5168.5168.5168.5168.5168.5168.5168.5166.8177.3172.3172.7173173.1173.5172.5171170.3168.9166.7164.9163.3162.8159156.2155.2154.8153.9153.7152.1149.2148.3147.2146.6144.9144.3144.8145.1143.1141.7139.4137.8136.7136.8137.1137.3137.3136.1135.9136136135.6134.9134.3133.5132.4131.8130.6130.6130.6130.6130.6130.6130.6130.6130.6
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales CDW generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue CDW retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare CDW's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares CDW has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against CDW's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

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CDW stock margins

The CDW margin analysis displays the gross margin, EBIT margin, as well as the profit margin of CDW. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for CDW.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
15.77 %
6.2 %
3.92 %
Jan 1, 2007
16.18 %
3.88 %
1.65 %
Jan 1, 2008
16.86 %
4.03 %
-21.87 %
Jan 1, 2009
15.82 %
2.93 %
-5.21 %
Jan 1, 2010
15.81 %
4.01 %
-0.33 %
Jan 1, 2011
16.5 %
4.91 %
0.18 %
Jan 1, 2012
16.49 %
5.04 %
1.17 %
Jan 1, 2013
16.34 %
4.73 %
1.24 %
Jan 1, 2014
15.91 %
5.57 %
2.03 %
Jan 1, 2015
16.29 %
5.71 %
3.1 %
Jan 1, 2016
17.03 %
6 %
3.11 %
Jan 1, 2017
16.52 %
5.84 %
3.53 %
Jan 1, 2018
16.67 %
6.08 %
3.96 %
Jan 1, 2019
16.86 %
6.29 %
4.09 %
Jan 1, 2020
17.38 %
6.38 %
4.27 %

CDW Stock Sales Revenue, EBIT, Earnings per Share

The CDW earnings per share therefore indicates how much revenue CDW has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details
Date
Sales per Share
EBIT per share
Earnings per Share
Jan 1, 2006
0 USD
0 USD
0 USD
Jan 1, 2007
0 USD
0 USD
0 USD
Jan 1, 2008
48.04 USD
1.93 USD
-10.51 USD
Jan 1, 2009
42.64 USD
1.25 USD
-2.22 USD
Jan 1, 2010
52.39 USD
2.1 USD
-0.17 USD
Jan 1, 2011
57.15 USD
2.8 USD
0.1 USD
Jan 1, 2012
60.29 USD
3.04 USD
0.71 USD
Jan 1, 2013
67.73 USD
3.2 USD
0.84 USD
Jan 1, 2014
69.8 USD
3.89 USD
1.42 USD
Jan 1, 2015
75.52 USD
4.31 USD
2.34 USD
Jan 1, 2016
82.37 USD
4.94 USD
2.56 USD
Jan 1, 2017
93.88 USD
5.48 USD
3.31 USD
Jan 1, 2018
105.46 USD
6.41 USD
4.18 USD
Jan 1, 2019
121.84 USD
7.66 USD
4.98 USD
Jan 1, 2020
127.37 USD
8.13 USD
5.44 USD

CDW business model

CDW Corp is a global technology company that specializes in the distribution of hardware and software products, as well as IT services and solutions for businesses and government agencies. The company was founded in 1984 and is headquartered in Lincolnshire, Illinois. CDW Corp started as a computer and accessories retailer for business customers at a single location in Chicago. It quickly expanded and opened multiple locations in different cities across the United States. Today, CDW Corp is a leading provider of technology products and solutions for businesses and institutions in North America, Europe, Asia, and Australia. The company employs over 10,000 employees and generated over $18 billion in revenue in 2020. Its business model is based on three main divisions: hardware, software, and IT solutions. CDW Corp offers a wide range of products from leading manufacturers such as Cisco, Dell, HP, Lenovo, and Microsoft, as well as its own brands. The product portfolio includes laptops, tablets, desktop PCs, servers, networking solutions, printers, storage devices, peripherals, and more. In the software division, the company offers a broad range of operating systems, applications, cloud solutions, and security products. In the third business division, IT solutions, the company provides customized solutions for various industries, including network infrastructure, data storage and management, virtual desktop infrastructures, backup and recovery solutions, and more. CDW Corp aims to provide comprehensive technological support to its customers and strives to offer innovative and scalable solutions to meet their specific needs. Another important aspect of CDW's business model is its focus on customer service. The company sees itself as a partner to its customers and aims to build long-term relationships and understand customer needs. To achieve this, CDW offers a wide range of services including consulting, implementation, support, and training. CDW's offerings span across various business sectors and customer segments. In North America, the company operates in the public sector, healthcare, education, and enterprise markets. In Europe, the company specializes in selling hardware and software products and works closely with small and medium-sized businesses. CDW also conducts its business activities in Asia and Australia to strengthen its global presence. In summary, CDW Corp is a leading provider of technology products and solutions for businesses and government agencies worldwide. The company has established itself through a wide range of products and customized solutions tailored to customer needs. Its focus on customer service and partnerships has allowed CDW Corp to build a strong customer base and be valued as a reliable technology partner.

CDW SWOT Analysis

Strengths

CDW Corp has several strengths that contribute to its success. Firstly, the company has a strong brand reputation in the IT solutions and services industry. It is recognized for its quality products and reliable customer service.

Secondly, CDW Corp has a broad product and service portfolio. It offers a wide range of IT solutions, including hardware, software, networking, and security solutions. This diversity allows the company to cater to the varying needs of customers across different industries.

Additionally, CDW Corp has established strong relationships with leading technology manufacturers and suppliers. This enables the company to offer competitive pricing, favorable terms, and access to the latest technological innovations, giving it a competitive edge in the market.

Weaknesses

Despite its strengths, CDW Corp also faces certain weaknesses that can hinder its growth. One notable weakness is its heavy reliance on third-party suppliers. Any disruptions in the supply chain could affect the company's ability to deliver products on time and impact customer satisfaction.

Another weakness is the potential vulnerability to fluctuations in the economy. CDW Corp's business is closely tied to the overall health of the IT industry. During economic downturns, organizations may reduce their IT spending, thereby affecting CDW Corp's sales and revenue.

Opportunities

CDW Corp has several opportunities for future growth. One opportunity lies in the increasing demand for cloud computing and related services. As more organizations embrace the cloud, CDW Corp can expand its offerings in this area and capture a larger market share.

Another opportunity is the growing trend towards digital transformation. CDW Corp can position itself as a trusted advisor, helping businesses modernize their IT infrastructure and processes. This can lead to long-term partnerships and recurring revenue streams.

Threats

CDW Corp faces certain threats that could impact its performance. One notable threat is intense competition within the IT solutions and services industry. Several large players with significant resources and established customer bases compete for market share, putting pressure on CDW Corp to differentiate itself.

Another threat is rapid technological advancements. Technology evolves quickly, and CDW Corp must continuously adapt to stay relevant. Failure to keep up with emerging trends and technologies could result in a loss of market share to more innovative competitors.

CDW Segments

CDW Revenue by Segment (1/5)

  • Max

Hardware
Software
Other
Services
Details
Date
Hardware
Software
Other
Services
Jan 1, 2012
0 USD
0 USD
0 USD
0 USD
Jan 1, 2013
0 USD
0 USD
0 USD
0 USD
Jan 1, 2014
0 USD
0 USD
0 USD
0 USD
Jan 1, 2015
0 USD
0 USD
0 USD
0 USD
Jan 1, 2016
0 USD
0 USD
0 USD
0 USD
Jan 1, 2017
0 USD
0 USD
0 USD
0 USD
Jan 1, 2025
16.07 B USD
4.2 B USD
114.8 M USD
2.04 B USD

CDW Revenue by Segment (2/5)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Hardware
Total Hardware
Notebooks/Mobile Devices
Software
Other
Netcomm Products
Other Hardware
Data Storage and Servers
Services
Video
Collaboration
Enterprise and Data Storage (Including Drives)
Desktops
Details
Date
Hardware
Total Hardware
Notebooks/Mobile Devices
Software
Other
Netcomm Products
Other Hardware
Data Storage and Servers
Services
Video
Collaboration
Enterprise and Data Storage (Including Drives)
Desktops
Jan 1, 2012
0 USD
0 USD
1.47 B USD
1.89 B USD
48.8 M USD
1.35 B USD
4.11 B USD
0 USD
285.2 M USD
0 USD
0 USD
975.1 M USD
0 USD
Jan 1, 2013
0 USD
0 USD
1.71 B USD
1.99 B USD
80.3 M USD
1.49 B USD
4.17 B USD
0 USD
327.1 M USD
0 USD
0 USD
998.1 M USD
0 USD
Jan 1, 2014
0 USD
0 USD
2.35 B USD
2.08 B USD
84.7 M USD
1.62 B USD
4.55 B USD
0 USD
371.4 M USD
0 USD
0 USD
1.02 B USD
0 USD
Jan 1, 2015
0 USD
0 USD
2.54 B USD
2.16 B USD
71.2 M USD
1.91 B USD
4.76 B USD
0 USD
478 M USD
0 USD
0 USD
1.07 B USD
0 USD
Jan 1, 2016
0 USD
0 USD
2.93 B USD
2.41 B USD
17 M USD
1.95 B USD
3.98 B USD
0 USD
579 M USD
0 USD
0 USD
1.06 B USD
1.05 B USD
Jan 1, 2017
0 USD
11.94 B USD
3.49 B USD
2.54 B USD
98.2 M USD
2.04 B USD
3.1 B USD
0 USD
611.3 M USD
1.08 B USD
0 USD
1.07 B USD
1.16 B USD
Jan 1, 2025
0 USD
0 USD
5.64 B USD
0 USD
0 USD
2.69 B USD
2.5 B USD
2.15 B USD
0 USD
0 USD
1.76 B USD
0 USD
1.33 B USD

CDW Revenue by Segment (3/5)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Corporate
Public
Corporate Segment: Private Sector Business
Public Segment: Government Agencies, Education and Healthcare
Other
Small Business
Other Segments
Corporate, Non-Segment
Headquarters
Details
Date
Corporate
Public
Corporate Segment: Private Sector Business
Public Segment: Government Agencies, Education and Healthcare
Other
Small Business
Other Segments
Corporate, Non-Segment
Headquarters
Jan 1, 2012
5.51 B USD
4.02 B USD
0 USD
0 USD
592.4 M USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2013
5.96 B USD
764.4 M USD
0 USD
0 USD
644 M USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2014
0 USD
884.2 M USD
6.48 B USD
4.88 B USD
0 USD
0 USD
719.6 M USD
0 USD
0 USD
Jan 1, 2015
0 USD
0 USD
6.82 B USD
5.13 B USD
1.05 B USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2016
7.03 B USD
5.59 B USD
0 USD
0 USD
1.36 B USD
0 USD
0 USD
0 USD
0 USD
Jan 1, 2017
6.35 B USD
6.04 B USD
0 USD
0 USD
1.56 B USD
1.25 B USD
0 USD
0 USD
0 USD
Jan 1, 2025
9.44 B USD
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD
0 USD

CDW Revenue by Segment (4/5)

  • Max

Other
Small Business
Details
Date
Other
Small Business
Jan 1, 2012
0 USD
0 USD
Jan 1, 2013
0 USD
0 USD
Jan 1, 2014
0 USD
0 USD
Jan 1, 2015
0 USD
0 USD
Jan 1, 2016
0 USD
0 USD
Jan 1, 2017
0 USD
0 USD
Jan 1, 2025
2.72 B USD
1.73 B USD

CDW Revenue by Segment (5/5)

  • Max

Public
Details
Date
Public
Jan 1, 2012
0 USD
Jan 1, 2013
0 USD
Jan 1, 2014
0 USD
Jan 1, 2015
0 USD
Jan 1, 2016
0 USD
Jan 1, 2017
0 USD
Jan 1, 2025
8.54 B USD

CDW Revenue by Region

  • 3 Years

  • 5 Years

  • Max

United States
Rest of World
Details
Date
United States
Rest of World
Jan 1, 2018
14.38 B USD
1.86 B USD
Jan 1, 2019
15.89 B USD
2.14 B USD
Jan 1, 2020
16.38 B USD
2.09 B USD
Jan 1, 2021
18.24 B USD
2.58 B USD
Jan 1, 2022
20.83 B USD
2.92 B USD
Jan 1, 2023
18.75 B USD
2.62 B USD
Jan 1, 2024
18.46 B USD
2.54 B USD
Jan 1, 2025
19.62 B USD
2.8 B USD

CDW Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

CDW historical P/E ratio, EBIT multiple, and P/S ratio

CDW annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

CDW shares outstanding

The number of shares was CDW in 2025 — This indicates how many shares 132.1 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
0 base_Shares
Jan 1, 2007
0 base_Shares
Jan 1, 2008
168 M base_Shares
Jan 1, 2009
168 M base_Shares
Jan 1, 2010
168 M base_Shares
Jan 1, 2011
168 M base_Shares
Jan 1, 2012
168 M base_Shares
Jan 1, 2013
159 M base_Shares
Jan 1, 2014
173 M base_Shares
Jan 1, 2015
172 M base_Shares
Jan 1, 2016
166 M base_Shares
Jan 1, 2017
158 M base_Shares
Jan 1, 2018
154 M base_Shares
Jan 1, 2019
148 M base_Shares
Jan 1, 2020
145 M base_Shares

CDW Dividend History

14 years of dividend payments · 12 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.63USDYTD
Feb 25, 20260.63USD 0.0%1/1
20252.51USD 0.8%
Feb 25, 20250.63USD 0.0%1/4
May 23, 20250.63USD 0.0%2/4
Aug 25, 20250.63USD 0.0%3/4
Nov 25, 20250.63USD 0.8%4/4
20242.49USD 4.0%

CDW dividend history and estimates

In 2025, CDW paid a dividend amounting to 2.51 USD. Dividend means that CDW distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Invalid Date
0.04 USD
0.13 USD
Jan 1, 2014
0.24 USD
0 USD
Jan 1, 2015
0.31 USD
0 USD
Jan 1, 2016
0.48 USD
0 USD
Jan 1, 2017
0.69 USD
0 USD
Jan 1, 2018
0.93 USD
0 USD
Jan 1, 2019
1.27 USD
0 USD
Jan 1, 2020
1.54 USD
0 USD
Jan 1, 2021
1.7 USD
0 USD
Jan 1, 2022
2.09 USD
0 USD
Jan 1, 2023
2.39 USD
0 USD
Jan 1, 2024
2.49 USD
0 USD
Jan 1, 2025
2.51 USD
0 USD
Invalid Date
0.63 USD
1.89 USD
Invalid Date
0 USD
2.93 USD

CDW dividend payout ratio

In 2025, CDW had a payout ratio of 25.69%. The payout ratio indicates the percentage of the company's profits that CDW distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
26.06 %
Jan 1, 2007
26.06 %
Jan 1, 2008
26.06 %
Jan 1, 2009
26.06 %
Jan 1, 2010
26.06 %
Jan 1, 2011
26.06 %
Jan 1, 2012
26.06 %
Jan 1, 2013
5.06 %
Jan 1, 2014
16.73 %
Jan 1, 2015
13.19 %
Jan 1, 2016
18.85 %
Jan 1, 2017
20.85 %
Jan 1, 2018
22.18 %
Jan 1, 2019
25.35 %
Jan 1, 2020
28.26 %

Current CDW forecasts and price targets in March 2026

Δ MOM Price Target
null %
Buy64.71 % (11)
Hold35.29 % (6)
Sellnull % (0)
12M Price Target
184.62
Last Price
125.36
Currency
USD
12M Return Potential
47.27 %
LTM Return
0 %

CDW Earnings Estimates

CDW Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/11/20262.46USD5.39 BUSD2025 Q4
2/4/20262.47USD5.39 BUSD2025 Q4
2/3/20262.46USD5.39 BUSD2025 Q4
5/1/20242.37USD5.32 BUSD2024 Q1
2/6/20242.59USD5.38 BUSD2023 Q4
8/1/20232.61USD6.49 BUSD2023 Q2
5/2/20232.4USD6.2 BUSD2023 Q1
2/7/20232.51USD6.28 BUSD2022 Q4
11/2/20222.55USD6.33 BUSD2022 Q3
8/3/20222.45USD6.28 BUSD2022 Q2

EESG©

Eulerpool ESG Scorecard© for the CDW stock

84/100
94
Environment
99
Social
60
Governance
E

Environment

20
Scope 1 - Direct Emissions3,538
Scope 2 - Indirect emissions from purchased energy19,614
Scope 3 - Indirect emissions within the value chain5,565,031
Total CO₂ emissions23,152
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees33
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees70
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

CDW shareholders

% Name
12.88564%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.68149%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
4.48883%
State Street Investment Management (US)
State Street Investment Management (US)
3.11292%
Select Equity Group, L.P.
Select Equity Group, L.P.
2.78825%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
2.33418%
Morgan Stanley Investment Management Ltd. (UK)
Morgan Stanley Investment Management Ltd. (UK)
2.30230%
Macquarie Investment Management
Macquarie Investment Management
2.07974%
Invesco Capital Management (QQQ Trust)
Invesco Capital Management (QQQ Trust)
2.02962%
Mawer Investment Management Ltd.
Mawer Investment Management Ltd.
1.74142%
Longview Partners LLP
Longview Partners LLP
...

CDW Executives and Management Board

CL

Ms. Christine Leahy

(60)

Chairman of the Board, President, Chief Executive Officer · since 2002

Compensation10.05 M USD
KS

Ms. Katherine Sanderson

Chief Human Resources Officer, Senior Vice President - Coworker Success

Compensation7.83 M USD
CC

Ms. Christine Corley

(57)

Vice Chairman of the Board, President, International · since 2011

Compensation4.01 M USD
SC

Ms. Sona Chawla

(56)

Chief Growth and Innovation Officer

Compensation4.01 M USD
AM

Mr. Albert Miralles

(55)

Chief Financial Officer, Senior Vice President - Enterprise Business Operations

Compensation3.68 M USD

CDW Supply Chain

CDW Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Name1M3M6M1Y2YTrend
1
Eaton
Supplier
0,71
0,74
0,91
0,87
0,97
2
NetApp
Supplier
0,79
0,79
0,87
0,72
0,95
3
0,76
0,84
0,93
0,50
0,92
4
0,78
0,77
0,86
0,81
0,90
5
0,77
0,59
0,74
0,50
0,89
#Name1M3M6M1Y2YTrend
1
Barracuda Networks, Inc.
Supplier
-0,09
0,76
0,25
2
McAfee Corp.
Supplier
-0,39
-0,62
-0,80
-0,25
3
NETGEAR
Supplier
0,50
0,65
0,88
0,35
-0,13
4
Intel
Supplier
0,76
0,79
0,82
0,43
0,09
5
Avaya Hldgs
Supplier
0,56
0,72
0,90
0,44
0,23

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Most common questions regarding CDW

CDW Corp operates as a leading provider of technology products and services. The company's primary business model revolves around offering a comprehensive range of IT solutions to businesses, governments, and educational institutions. CDW Corp focuses on delivering innovative technology solutions, including hardware, software, and services, to help organizations optimize their IT infrastructure and enhance productivity. Leveraging its broad product portfolio and strong partnerships with leading technology vendors, CDW Corp aims to address the specific needs of its customers and provide tailored solutions that drive efficiency, cost savings, and competitive advantage.

All fundamentals about CDW

Our stock analysis for CDW Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CDW Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.