CDW CDW Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 21.7%-0.2pp | 21.9%+0.2pp | 21.8%+2.0pp | 19.7%+2.6pp | |
| Operating margin | 7.4%-0.5pp | 7.9%0.0pp | 7.9%+0.6pp | 7.3%+0.5pp | |
| Net margin | 4.8%-0.4pp | 5.1%0.0pp | 5.2%+0.5pp | 4.7%-0.1pp | |
| Returns | |||||
| Return on equity | 43%-6.0pp | 49%-11.5pp | 60.6%-36.0pp | 96.5%-2.2pp | |
| Return on invested capital | 15.8%-0.6pp | 16.3%-1.1pp | 17.4%0.0pp | 17.4%-1.3pp | |
| Efficiency | |||||
| Asset turnover | 1.5×0.0× | 1.5×-0.1× | 1.6×-0.2× | 1.8×0.0× | |
| Liquidity | |||||
| Current ratio | 1.2×-0.2× | 1.3×+0.1× | 1.2×-0.1× | 1.3×+0.1× | |
| Leverage | |||||
| Debt-to-equity | 2.2×-0.3× | 2.6×-0.3× | 2.9×-1.0× | 3.8×-6.2× | |
| Net debt / EBITDA | 2.7×-0.2× | 2.9×+0.2× | 2.7×-0.2× | 2.9×-1.4× | |
| Per Share | |||||
| Book value per share | $19.73+13.4% | $17.40+16.1% | $14.99+28.0% | $11.70+133% | |
| Valuation | |||||
| Market capitalization | $17.73B-23.5% | $23.19B-23.8% | $30.45B+25.9% | $24.18B-13.0% | |
| Price / earnings | 16.6×-4.9× | 21.5×-6.1× | 27.6×+5.9× | 21.7×-6.4× | |
| Price / sales | 0.8×-0.3× | 1.1×-0.3× | 1.4×+0.4× | 1×-0.3× | |
| Price / book | 6.8×-3.1× | 9.9×-5.1× | 14.9×-0.2× | 15.1×-24.3× | |
| EV / EBITDA | 11.8×-3.2× | 14.9×-3.4× | 18.3×+3.5× | 14.8×-6.7× | |
| Dividend yield | 1.9%+0.4pp | 1.4%+0.4pp | 1.1%-0.1pp | 1.2%+0.3pp |
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.
