PC Connection CNXN Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 18.8%+0.1pp | 18.8%+0.2pp | 18.5%+0.2pp | 18.3%-0.1pp | 18.4%-0.1pp | |
| Operating margin | 3.6%+0.2pp | 3.5%0.0pp | 3.4%0.0pp | 3.4%0.0pp | 3.4%0.0pp | |
| Net margin | 3%+0.1pp | 2.9%0.0pp | 2.9%-0.1pp | 3%-0.1pp | 3%-0.1pp | |
| EBITDA margin | 4%+0.2pp | 3.9%0.0pp | 3.8%0.0pp | 3.8%0.0pp | 3.9%-0.1pp | |
| Free cash flow margin | 4.3%+2.3pp | 2%+0.1pp | 1.9%+0.4pp | 1.5%-0.4pp | 2%-4.0pp | |
| Returns | ||||||
| Return on equity | 9.7%+0.5pp | 9.2%-0.1pp | 9.3%-0.5pp | 9.8%-0.3pp | 10.1%+0.2pp | |
| Return on assets | 6.5%+0.2pp | 6.3%-0.1pp | 6.5%-0.3pp | 6.7%-0.5pp | 7.3%+0.3pp | |
| Return on invested capital | 10.8%+0.8pp | 10%+0.1pp | 10%0.0pp | 10%-0.4pp | 10.3%+0.3pp | |
| Efficiency | ||||||
| Asset turnover | 2.2×0.0× | 2.2×-0.1× | 2.2×0.0× | 2.3×-0.1× | 2.4×+0.1× | |
| Inventory turnover | 13.6×-6.0× | 19.6×+0.7× | 18.9×+1.4× | 17.5×+0.5× | 17×-3.8× | |
| Liquidity | ||||||
| Current ratio | 2.7×-0.2× | 2.9×-0.2× | 3.1×0.0× | 3.1×-0.1× | 3.2×0.0× | |
| Quick ratio | 2.3×-0.3× | 2.6×-0.1× | 2.7×0.0× | 2.7×0.0× | 2.7×-0.2× | |
| Cash ratio | 0.4×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -1.6×+0.1× | -1.7×0.0× | -1.7×0.0× | -1.7×0.0× | -1.6×0.0× | |
| Interest coverage | 7.6×+0.7× | 6.9×+0.6× | 6.4×+0.5× | 5.9×+0.5× | 5.4×+0.3× | |
| Per Share | ||||||
| Book value per share | $36.46+2.7% | $35.51+0.3% | $35.42+2.1% | $34.67+3.7% | $33.45-2.7% | |
| Valuation | ||||||
| Market capitalization | $1.47B+1.1% | $1.46B-7.4% | $1.57B-7.6% | $1.7B+5.5% | $1.62B-11.3% | |
| Enterprise value | $1.29B+1.5% | $1.27B-8.7% | $1.39B-8.7% | $1.52B+5.9% | $1.44B-12.8% | |
| Price / earnings | 16.9×-0.6× | 17.4×-1.4× | 18.8×-1.0× | 19.8×+1.3× | 18.5×-2.4× | |
| Price / sales | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.6×0.0× | 0.6×-0.1× | |
| Price / book | 1.6×0.0× | 1.6×-0.1× | 1.7×-0.2× | 1.9×+0.1× | 1.8×-0.2× | |
| EV / EBITDA | 11×-0.4× | 11.4×-1.2× | 12.6×-1.2× | 13.8×+0.8× | 12.9×-2.0× | |
| EV / sales | 0.4×0.0× | 0.4×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×-0.1× | |
| Free cash flow yield | 8.4%+4.5pp | 4%+0.4pp | 3.5%+0.9pp | 2.6%-0.9pp | 3.5%-5.6pp | |
| Earnings yield | 5.9%+0.2pp | 5.7%+0.4pp | 5.3%+0.3pp | 5%-0.4pp | 5.4%+0.6pp | |
| Dividend yield | 1.1%+0.1pp | 1%+0.2pp | 0.9%+0.1pp | 0.8%0.0pp | 0.7%+0.2pp | |
| PEG ratio | 350.8×— | —— | —— | —— | 2.9×-1.6× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are PC Connection's profit margins?
- PC Connection (CNXN) runs a 18.8% gross margin and a 3.6% operating margin, with a 3.0% net margin.
- Where do PC Connection's ratios come from?
- Every ratio is computed from PC Connection'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.