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CDW CDW Free cash flow margin

Free cash flow margin at other companies

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25%+21.9pp
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2.8%-2.1pp
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0.2%-1.8pp
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-10.4%-26.4pp
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1.1%-0.7pp
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AccentureACN
17.2%+2.3pp

Other financials

Income statement

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Revenue$6.6B+10.0%
Gross profit$1.3B+6.3%
Operating income$428.6M+2.0%
Net income$274.4M+1.2%
EPS (diluted)$2.15+4.9%

Balance sheet

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Cash & equivalents$361.8M-24.8%
Total debt$6.0B+3.4%
Total equity$2.4B-1.0%
Total assets$17.3B+13.0%

Cash flow

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Operating cash flow$274.8M-4.3%
CapEx$27.5M+22.2%
Free cash flow$248.4M-4.6%

Valuation

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Market cap$17.9B-17.9%
Enterprise value$23.5B-13.2%
P/E16.6×-3.7×
P/S0.8×-0.2×

Profitability

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Gross margin21.4%-0.2pp
Operating margin7.1%-0.5pp
Net margin4.6%-0.3pp

Returns & leverage

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Return on equity44%-2.4pp
Debt / equity2.4×+0.1×
Current ratio1.2×-0.2×

Where this comes from

Calculated from CDW’s reported figures.

Based on trailing twelve months.

The source filing: CDW’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 4:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001402057-26-000025

FAQ

What is CDW's free cash flow margin?
CDW (CDW) reported free cash flow margin of 4.7% in Q1 2026.
How has CDW's free cash flow margin changed year-over-year?
CDW's free cash flow margin decreased by 0.3% year-over-year, from 4.7% to 4.7%.
What is the long-term trend for CDW's free cash flow margin?
Over 5 years (2020 to 2025), CDW's free cash flow margin has grown at a -5.0% compound annual growth rate (CAGR), from 6.3% to 4.9%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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