CDW CDW Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 21.6%-0.2pp | 21.7%+0.1pp | 21.6%0.0pp | 21.6%-0.3pp | 21.9%-0.1pp | |
| Operating margin | 7.3%-0.1pp | 7.4%0.0pp | 7.4%-0.2pp | 7.6%-0.3pp | 7.9%0.0pp | |
| Net margin | 4.7%-0.1pp | 4.8%0.0pp | 4.8%-0.2pp | 4.9%-0.2pp | 5.1%0.0pp | |
| Returns | ||||||
| Return on equity | 44.2%+1.1pp | 43%0.0pp | 43%-3.4pp | 46.4%-2.3pp | 48.7%-0.3pp | |
| Return on invested capital | 16%+0.2pp | 15.8%0.0pp | 15.8%-0.7pp | 16.5%-0.2pp | 16.7%+0.4pp | |
| Efficiency | ||||||
| Asset turnover | 1.5×0.0× | 1.5×0.0× | 1.5×0.0× | 1.5×0.0× | 1.5×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.2×0.0× | 1.2×-0.2× | 1.4×0.0× | 1.3×0.0× | 1.3×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 2.3×0.0× | 2.2×0.0× | 2.3×-0.1× | 2.3×-0.2× | 2.6×0.0× | |
| Net debt / EBITDA | 2.7×0.0× | 2.7×-0.1× | 2.8×+0.1× | 2.7×-0.1× | 2.8×-0.1× | |
| Per Share | ||||||
| Book value per share | $19.730.0% | $19.73+2.4% | $19.27+3.4% | $18.63+7.1% | $17.400.0% | |
| Valuation | ||||||
| Market capitalization | $15.61B-12.0% | $17.73B-15.1% | $20.88B-11.9% | $23.68B+11.5% | $21.23B-8.5% | |
| Price / earnings | 14.5×-2.1× | 16.6×-3.2× | 19.9×-2.1× | 22×+2.5× | 19.5×-2.0× | |
| Price / sales | 0.7×-0.1× | 0.8×-0.2× | 0.9×-0.1× | 1.1×+0.1× | 1×-0.1× | |
| Price / book | 6.1×-0.7× | 6.8×-1.4× | 8.2×-1.4× | 9.6×+0.5× | 9.1×-0.7× | |
| EV / EBITDA | 10.6×-1.2× | 11.8×-1.8× | 13.6×-1.2× | 14.8×+1.2× | 13.6×-1.3× | |
| Dividend yield | 2.1%+0.2pp | 1.9%+0.3pp | 1.6%+0.2pp | 1.4%-0.2pp | 1.6%+0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are CDW's profit margins?
- CDW (CDW) runs a 21.6% gross margin and a 7.3% operating margin, with a 4.7% net margin.
- Where do CDW's ratios come from?
- Every ratio is computed from CDW's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
