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PC Connection CNXN Free cash flow margin

Free cash flow margin at other companies

CSP logo
CSPCSPI
25%+21.9pp
Insight Enterprises logo
Insight EnterprisesNSIT
2.8%-2.1pp
Amazon logo
AmazonAMZN
0.2%-1.8pp
CDW logo
CDWCDW
4.7%0.0pp
Penguin Solutions logo
Penguin SolutionsPENG
8.9%+4.5pp
Ingram Micro logo
Ingram MicroINGM
0%-0.2pp

Other financials

Income statement

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Revenue$854.0M+12.4%
Gross profit$157.5M+14.3%
Operating income$43.0M+39.2%
Net income$33.2M+33.8%
EPS (diluted)$1.31+35.1%

Balance sheet

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Cash & equivalents$123.7M-33.8%
Total debt$7.5M+196%
Total equity$952.7M+7.7%
Total assets$1.4B+12.5%

Cash flow

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Operating cash flow-$63.8M-343%
CapEx$1.9M+19.2%
Free cash flow-$65.7M-367%

Valuation

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Market cap$2.19B+42.4%
Enterprise value$2.07B+53.3%
P/E22.8×+5.0×
P/S0.7×+0.2×

Profitability

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Gross margin18.9%+0.6pp
Operating margin3.9%+0.5pp
Net margin3.2%+0.2pp

Returns & leverage

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Return on equity10.4%+0.7pp
Debt / equity0.0×
Current ratio2.9×-0.2×

Where this comes from

Calculated from PC Connection’s reported figures.

Based on trailing twelve months.

The source filing: PC Connection’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088136

FAQ

What is PC Connection's free cash flow margin?
PC Connection (CNXN) reported free cash flow margin of 1.1% in Q2 2026.
How has PC Connection's free cash flow margin changed year-over-year?
PC Connection's free cash flow margin decreased by 36.5% year-over-year, from 1.8% to 1.1%.
What is the long-term trend for PC Connection's free cash flow margin?
Over 3 years (2022 to 2025), PC Connection's free cash flow margin has grown at a 22.1% compound annual growth rate (CAGR), from 1.1% to 2%.
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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