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CDW CDW Net margin

Net margin at other companies

Amazon logo
AmazonAMZN
10.6%+0.5pp
Accenture logo
AccentureACN
10.7%-1.0pp
TD SYNNEX logo
TD SYNNEXSNX
1.5%+0.4pp
Dell Technologies logo
Dell TechnologiesDELL
6.3%+1.6pp
Western Digital logo
Western DigitalWDC
55.3%+36.8pp
Cognizant logo
CognizantCTSH
10.4%-1.3pp

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
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.

Based on trailing twelve months.

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 net margin?
CDW (CDW) reported net margin of 4.7% in Q1 2026.
How has CDW's net margin changed year-over-year?
CDW's net margin decreased by 7.7% year-over-year, from 5.1% to 4.7%.
What is the long-term trend for CDW's net margin?
Over 5 years (2020 to 2025), CDW's net margin has grown at a 2.2% compound annual growth rate (CAGR), from 4.3% to 4.8%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.