Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Cdw Corp

CDW · Nasdaq · Consumer

Fundamental quality

REASONABLE

58

out of 100

Cdw Corp earns a fundamental-quality score of 58 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its profitability (net margin 4.7%). Its weakest area is its growth (revenue +4.2%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

CDW is North America's great technology middleman: it resells and deploys hardware, software and services from hundreds of brands for companies, schools, hospitals and governments that don't want to manage a thousand vendors. It makes nothing; its product is convenience.

What will shape its future

  • Corporate and public tech-spending cycles, which directly drive its sales.
  • Thin distributor margins, offset with volume and services.
  • Refresh cycles (PCs, networking, cloud) that create waves of demand.

Breakdown by area

I.Growth
48

EPS growth: 8.1% · Revenue growth: 4.2%

II.Profitability
59

Net margin: 4.7% · ROE: 42.1% · ROIC: 16.3%

III.Financial health
58

Net debt/EBITDA: 2.58x · FCF: 4.7%

Source: SEC EDGAR · TTM through 31/03/2026

The score includes +3 for dividend strength: 13 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 98 Consumer companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 49%
ROEbeats 85%
Growthbeats 26%
Cash generationbeats 39%
Less debtbeats 31%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Cdw Corp strengths

  • Reasonable return on capital: its ROE (42.1%) is inflated by buybacks, but ROIC —which strips that out— is 16.3%.
  • Positive free cash flow year after year, a self-funding business.

Cdw Corp risks and weaknesses

  • Its net debt has grown over the period.
  • Thin margins (net margin of 4.7%), little cushion for setbacks.

Cdw Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
202018,4687891,1562,544
202120,8219896856,646
202223,7491,1151,2085,644
202321,3761,1041,4515,085
202420,9991,0781,1555,372
202522,4241,0671,0885,037

Between 2020 and 2025, revenue went from $18,468M to $22,424M (+21%) and net income went from $789M to $1,067M (+35%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+9.2%
  • Net income+4.7%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$2.51

per share, yearly

30.8% of earnings

Payout

13 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Cdw Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Cdw Corp a good company to invest in?

In terms of business quality, Cdw Corp scores 58 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Cdw Corp a profitable company?

Cdw Corp is profitable, with a net margin of 4.7%, though a thin one.

Does Cdw Corp have a lot of debt?

A moderate level: its net debt is 2.58 times its EBITDA.

Is Cdw Corp growing?

Its revenue has grown 4.2% annualized in recent years and its earnings per share 8.1%.

Does Cdw Corp generate cash?

Yes. It converts about 4.7% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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