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PC Connection CNXN Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin18.8%+0.2pp18.6%+0.6pp18%+1.1pp16.8%+0.8pp
Operating margin3.5%0.0pp3.5%-0.2pp3.6%-0.2pp3.9%+0.5pp
Net margin2.9%-0.2pp3.1%+0.2pp2.9%+0.1pp2.9%+0.4pp
EBITDA margin3.9%-0.1pp3.9%-0.1pp4.1%-0.2pp4.2%+0.5pp
Free cash flow margin2%-3.9pp5.9%-0.7pp6.6%+5.5pp1.1%
Returns
Return on equity9.2%-0.7pp9.9%-0.4pp10.4%-2.0pp12.3%+1.7pp
Return on assets6.3%-0.7pp7%-0.3pp7.3%-0.9pp8.2%+1.5pp
Return on invested capital10%0.0pp10%-1.2pp11.2%-3.1pp14.3%+2.0pp
Efficiency
Asset turnover2.2×-0.1×2.3×-0.2×2.5×-0.4×2.9×+0.1×
Inventory turnover19.6×-1.3×20.8×+6.8×14.1×+1.5×12.5×-1.5×
Liquidity
Current ratio2.9×-0.2×3.1×-0.1×3.2×+0.1×3.1×+0.6×
Quick ratio2.6×-0.3×2.9×+0.1×2.8×+0.4×2.4×+0.5×
Cash ratio0.5×0.0×0.5×0.0×0.4×0.0×0.4×+0.1×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×
Net debt / EBITDA-1.7×-0.1×-1.6×-0.4×-1.2×-0.3×-0.9×0.0×
Interest coverage6.9×+1.7×5.2×-5.2×10.4×-101×111.3×
Per Share
Book value per share$35.51+3.3%$34.37+8.0%$31.81+9.8%$28.97+11.9%
Valuation
Market capitalization$1.46B-19.9%$1.82B+3.0%$1.77B+43.3%$1.23B+9.0%
Enterprise value$1.27B-23.0%$1.65B+1.1%$1.63B+45.4%$1.12B+8.2%
Price / earnings17.4×-3.5×20.9×-0.3×21.2×+7.4×13.8×-2.4×
Price / sales0.5×-0.1×0.6×0.0×0.6×+0.2×0.4×0.0×
Price / book1.6×-0.4×-0.1×2.1×+0.5×1.6×0.0×
EV / EBITDA11.4×-3.5×15×+0.9×14.1×+5.6×8.4×-1.1×
EV / sales0.4×-0.1×0.6×0.0×0.6×+0.2×0.4×0.0×
Free cash flow yield4%-5.2pp9.1%-1.5pp10.7%+7.8pp2.8%
Earnings yield5.7%+1.0pp4.8%+0.1pp4.7%-2.5pp7.2%+1.1pp
Dividend yield1%+0.5pp0.6%+0.1pp0.5%-0.2pp0.7%

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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.