profit from every $100 of sales.

CDW
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $20.09 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What CDW sold, what it kept, and what it did with the cash.
Sales went from $23.7 billion in 2022 to $22.4 billion in 2025, with $1.07 billion of profit last year.
CDW handed back 90% of the cash it generated last year.
CDW vs. similar companies
CDW grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
CDW | 20.1× · Fair price | ||
IBM | 22.0× · Fair price | ||
Accenture | 17.7× · Fair price | ||
Tata Consultancy Services | 17.7× · Fair price | ||
Infosys | 15.0× · Fair price |
AI analysis
An AI analyst reads CDW's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 18,468 | 20,821 | 23,749 | 21,376 | 20,999 | 22,424 | |
| 3,210 | 3,569 | 4,687 | 4,652 | 4,602 | 4,873 | |
| 1,179 | 1,419 | 1,735 | 1,681 | 1,651 | 1,656 | |
| 1,605 | 1,610 | 2,014 | 1,948 | 1,925 | 1,950 | |
| 789 | 989 | 1,115 | 1,104 | 1,078 | 1,067 | |
| 5.45 | 7.04 | 8.13 | 8.10 | 7.97 | 8.08 | |
| 17.4% | 17.1% | 19.7% | 21.8% | 21.9% | 21.7% | |
| 6.4% | 6.8% | 7.3% | 7.9% | 7.9% | 7.4% | |
| 4.3% | 4.7% | 4.7% | 5.2% | 5.1% | 4.8% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 9,345 | 13,199 | 13,132 | 13,285 | 14,678 | 16,028 |
| Cash | 1,410 | 258 | 315 | 589 | 504 | 619 |
| Total debt | 4,123 | 7,089 | 6,098 | 5,809 | 5,992 | 5,788 |
| Total liabilities | – | – | 11,528 | 11,242 | 12,326 | 13,422 |
| 1,297 | 706 | 1,603 | 2,043 | 2,353 | 2,606 | |
| 145 | 141 | 137 | 136 | 135 | 132 | |
| 17.2% | 14.4% | 17.7% | 16.9% | 15.6% | 15.6% | |
| 60.8% | 140.1% | 69.5% | 54.1% | 45.8% | 40.9% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,314 | 785 | 1,336 | 1,599 | 1,277 | 1,205 | |
| 158 | 100 | 128 | 148 | 123 | 117 | |
| 1,156 | 685 | 1,208 | 1,451 | 1,155 | 1,088 | |
| Dividends paid | 220 | 235 | 283 | 322 | 332 | 329 |
| 341 | 1,500 | 0 | 500 | 500 | 653 | |
| 43 | 73 | 91 | 94 | 65 | 84 |
Valuation
- 20.1×
- 16.3×
- 2.45
- 5.2×
- 1.0×
- 19.7×
- 13.6×
- 5.1%
- 5.0%
- 2.5%
Profitability
- 21.7%
- 7.4%
- 4.8%
- 8.6%
- 12.3%
- 13.1%
- 42.4%
- 6.5%
- 19.1%
- –
Growth
- +4.0%
- +8.2%
- −5.8%
- +10.2%
- −1.3%
Financial health
- 2.8×
- 2.41
- 37.4%
- 14.5×
- 1.16
- 1.06
- 1.39
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $162.40
- Range
- $141.00 – $185.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 2.28 | 2.28 | +0.0% |
| Feb 4, 2026 | 2.57 | 2.44 | +5.3% |
| Nov 4, 2025 | 2.71 | 2.62 | +3.4% |
| Aug 6, 2025 | 2.60 | 2.49 | +4.4% |
| May 7, 2025 | 2.15 | 1.96 | +9.7% |
| Feb 5, 2025 | 2.48 | 2.33 | +6.4% |
| Oct 30, 2024 | 2.63 | 2.86 | −8.0% |
| Jul 31, 2024 | 2.50 | 2.53 | −1.2% |
Paid per share, each year
$0.31 in 2015 → $2.51 in 2025
How safe it looks
30.8% of its profit
Room to growStretchedMore than it earns: 30.2%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about CDW
Is CDW a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the CDW AI analysis
What does CDW do?
CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. It is in Information Technology Services, based in Vernon Hills, IL, United States, with 14,800 employees.
Does CDW pay a dividend?
Yes. At today's price the dividend is 2.5% a year, about 31% of its yearly profit. In 2025 it paid out $329 million in dividends.
Is CDW stock halal?
Yes. CDW passes our halal screen: its business is permitted and its debt is 27% of its market value, under the 30% limit. How we check
How has CDW stock done over the past year?
Up 17.0% over the past twelve months, to $171.65. It traded between $99.30 and $173.08, close to its high.
Who are CDW's competitors?
The largest listed companies in the same industry are IBM, Accenture, Tata Consultancy Services and Infosys. The peers table on this page compares their profit, growth and price with CDW's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



