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CDW CDW EBITDA

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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
Debt / equity2.3×-0.3×
Current ratio1.2×-0.2×

Where this comes from

Calculated from CDW’s reported figures.

$376.0Mebit+
$75.1MDepreciation Depletion & Amortization
=$451.1M

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 EBITDA?
CDW (CDW) reported EBITDA of $451.1M in Q1 2026.
How has CDW's EBITDA changed year-over-year?
CDW's EBITDA increased by 3.4% year-over-year, from $436.3M to $451.1M.
What is the long-term trend for CDW's EBITDA?
Over 4 years (2021 to 2025), CDW's EBITDA has grown at a 4.9% compound annual growth rate (CAGR), from $1.61B to $1.95B.
What does EBITDA mean?
Operating cash profit before interest, taxes, and non-cash charges.
How do you interpret EBITDA?
Higher is better and widely used to value capital-intensive businesses, but it ignores the real cost of capex — pair it with free cash flow. (Defined as EBIT + D&A so EBITDA = EBIT + D&A holds exactly.)
How does EBITDA compare across companies?
Standard cross-company operating-profit proxy for non-financials; not meaningful for banks and insurers.