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CDW CDW Debt-to-equity

Debt-to-equity at other companies

Amazon logo
AmazonAMZN
0.5×0.0×
Accenture logo
AccentureACN
0.3×0.0×
TD SYNNEX logo
TD SYNNEXSNX
0.5×0.0×
Western Digital logo
Western DigitalWDC
0.2×-1.3×
Cognizant logo
CognizantCTSH
0.1×0.0×
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
3.8×0.0×

Other financials

Income statement

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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

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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

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Operating cash flow$274.8M-4.3%
CapEx$26.4M-1.9%
Free cash flow$248.4M-4.6%

Valuation

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Market cap$16.4B-26.5%
Enterprise value$21.61B-22.2%
P/E15.2×-5.3×
P/S0.7×-0.3×

Profitability

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Gross margin21.6%-0.3pp
Operating margin7.3%-0.6pp
Net margin4.7%-0.4pp
FCF margin4.7%0.0pp

Returns & leverage

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Return on equity44.2%-4.5pp
Current ratio1.2×-0.2×

Where this comes from

Calculated from CDW’s reported figures.

Based on the most recent quarter.

The official record: CDW’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CDW's debt-to-equity?
CDW (CDW) reported debt-to-equity of 2.3× in Q1 2026.
How has CDW's debt-to-equity changed year-over-year?
CDW's debt-to-equity decreased by 12.2% year-over-year, from 2.6× to 2.3×.
What is the long-term trend for CDW's debt-to-equity?
Over 5 years (2020 to 2025), CDW's debt-to-equity has grown at a -6.8% compound annual growth rate (CAGR), from 3.2× to 2.2×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.