What does corporate — goodwill acquired mean?

The amount of goodwill added to the balance sheet due to new business acquisitions during the year.

How do you interpret corporate — goodwill acquired?

High levels of acquired goodwill indicate an aggressive M&A strategy, while low levels suggest a focus on organic growth or a pause in acquisition activity.

How does corporate — goodwill acquired compare across companies?

Standard metric for companies pursuing M&A; peers report this in the 'Goodwill' section of their annual financial disclosures.

CDW CDW Corporate — Goodwill Acquired

Discontinued — last reported Q1 '21

Similar metrics at other companies

TSNCorporate and Other — Goodwill, Acquired During Period

$4.75M—

CNP

CNPCorporate And Other — Goodwill Acquired

$18M—

GPCOffice Products — Goodwill Acquired

$6.4M+188%

RPMConsumer — Goodwill Acquired

$57.45M—

EQHCorporate And Other — Goodwill Acquired

$0—

HBANCorporate Non — Goodwill Acquired

$0—

Other financials

Income statement

See full

Revenue$5.7B+9.2%

Gross profit$1.2B+6.0%

Operating income$376.0M+4.0%

Net income$235.4M+4.7%

EPS (diluted)$1.82+7.7%

Balance sheet

See full

Cash & equivalents$578.6M+22.7%

Total debt$5.8B-3.4%

Total equity$2.6B+10.0%

Total assets$16.5B+9.6%

Cash flow

See full

Operating cash flow$274.8M-4.3%

CapEx$26.4M-1.9%

Free cash flow$248.4M-4.6%

Valuation

See full

Market cap$16.4B-26.5%

Enterprise value$21.61B-22.2%

P/E15.2×-5.3×

P/S0.7×-0.3×

Profitability

See full

Gross margin21.6%-0.3pp

Operating margin7.3%-0.6pp

Net margin4.7%-0.4pp

FCF margin4.7%0.0pp

Returns & leverage

See full

Return on equity44.2%-4.5pp

Debt / equity2.3×-0.3×

Current ratio1.2×-0.2×

Where this comes from

Reported directly by CDW in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The official record: CDW’s 10-Q, filed May 5, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate — goodwill acquired mean?: The amount of goodwill added to the balance sheet due to new business acquisitions during the year.
How do you interpret corporate — goodwill acquired?: High levels of acquired goodwill indicate an aggressive M&A strategy, while low levels suggest a focus on organic growth or a pause in acquisition activity.
How does corporate — goodwill acquired compare across companies?: Standard metric for companies pursuing M&A; peers report this in the 'Goodwill' section of their annual financial disclosures.