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.

PC Connection CNXN Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	18.8%+0.4pp	18.8%+0.2pp	18.5%-0.1pp	18.3%-0.4pp	18.4%0.0pp
Operating margin	3.6%+0.2pp	3.5%0.0pp	3.4%-0.3pp	3.4%-0.4pp	3.4%-0.2pp
Net margin	3%0.0pp	2.9%-0.2pp	2.9%-0.3pp	3%-0.2pp	3%+0.1pp
EBITDA margin	4%+0.2pp	3.9%-0.1pp	3.8%-0.3pp	3.8%-0.4pp	3.9%-0.2pp
Free cash flow margin	4.3%+2.3pp	2%-3.9pp	1.9%-3.6pp	1.5%-3.9pp	2%-6.2pp
Returns
Return on equity	9.7%-0.4pp	9.2%-0.7pp	9.3%-1.2pp	9.8%-0.8pp	10.1%0.0pp
Return on assets	6.5%-0.7pp	6.3%-0.7pp	6.5%-0.8pp	6.7%-0.5pp	7.3%0.0pp
Return on invested capital	10.8%+0.5pp	10%0.0pp	10%-1.5pp	10%-1.8pp	10.3%-0.3pp
Efficiency
Asset turnover	2.2×-0.2×	2.2×-0.1×	2.2×0.0×	2.3×0.0×	2.4×0.0×
Inventory turnover	13.6×-3.4×	19.6×-1.3×	18.9×+1.1×	17.5×+2.4×	17×+3.1×
Liquidity
Current ratio	2.7×-0.5×	2.9×-0.2×	3.1×-0.1×	3.1×+0.1×	3.2×-0.4×
Quick ratio	2.3×-0.4×	2.6×-0.3×	2.7×-0.1×	2.7×+0.1×	2.7×-0.4×
Cash ratio	0.4×-0.1×	0.5×0.0×	0.5×0.0×	0.5×+0.2×	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	-1.6×0.0×	-1.7×-0.1×	-1.7×-0.3×	-1.7×-0.6×	-1.6×-0.3×
Interest coverage	7.6×+2.2×	6.9×+1.7×	6.4×+0.7×	5.9×-0.6×	5.4×-2.0×
Per Share
Book value per share	$36.46+9.0%	$35.51+3.3%	$35.42+4.6%	$34.67+5.1%	$33.45+4.1%
Valuation
Market capitalization	$1.47B-8.7%	$1.46B-19.9%	$1.57B-20.8%	$1.7B+0.7%	$1.62B-7.1%
Enterprise value	$1.29B-10.5%	$1.27B-23.0%	$1.39B-23.9%	$1.52B-3.1%	$1.44B-10.0%
Price / earnings	16.9×-1.6×	17.4×-3.5×	18.8×-3.2×	19.8×+0.7×	18.5×-2.7×
Price / sales	0.5×-0.1×	0.5×-0.1×	0.5×-0.2×	0.6×0.0×	0.6×-0.1×
Price / book	1.6×-0.2×	1.6×-0.4×	1.7×-0.5×	1.9×0.0×	1.8×-0.2×
EV / EBITDA	11×-1.9×	11.4×-3.5×	12.6×-3.2×	13.8×+0.4×	12.9×-1.4×
EV / sales	0.4×-0.1×	0.4×-0.1×	0.5×-0.2×	0.5×0.0×	0.5×-0.1×
Free cash flow yield	8.4%+4.9pp	4%-5.2pp	3.5%-4.2pp	2.6%-6.2pp	3.5%-9.5pp
Earnings yield	5.9%+0.5pp	5.7%+1.0pp	5.3%+0.8pp	5%-0.2pp	5.4%+0.7pp
Dividend yield	1.1%+0.4pp	1%+0.5pp	0.9%+0.4pp	0.8%+0.2pp	0.7%+0.2pp
PEG ratio	350.8×+348×	——	——	——	2.9×-25.7×

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.