Market Summary
USD201.77+0.79
Market Closed0.39%
CDW Stock Price
CDW RSI Chart
CDW Valuation
CDW Price/Sales (Trailing)
CDW Profitability
CDW Fundamentals
CDW Revenue
CDW Earnings
Price Action
52 Week Range
147.02215.70
(Low)(High)
Last 7 days
-2.0%
Last 30 days
-5.7%
Last 90 days
9.7%
Trailing 12 Months
29.6%
CDW Financial Health
CDW Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for CDW
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-13 | WIESENHAHN CAROLYN | sold (taxes) | -103,425 | 208 | -495 | see remarks |
2023-09-12 | ADDICOTT VIRGINIA C. | acquired | - | - | 40.89 | - |
2023-09-12 | Foxx Anthony R | acquired | - | - | 8.78 | - |
2023-09-12 | NELMS DAVID W | acquired | - | - | 77.25 | - |
2023-09-12 | BELL JAMES A | acquired | - | - | 50.37 | - |
2023-09-12 | Grier Kelly J | acquired | - | - | 1.68 | - |
2023-09-12 | CLARIZIO LYNDA M | acquired | - | - | 2.37 | - |
2023-09-12 | Jones Marc Ellis | acquired | - | - | 2.78 | - |
2023-09-12 | MEHROTRA SANJAY | acquired | - | - | 5.35 | - |
2023-09-12 | LOCY PETER R | acquired | - | - | 3.23 | see remarks |
Which funds bought or sold CDW recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-26 | BROOKFIELD Corp /ON/ | reduced | -11.76 | -638,980 | 3,138,770 | 0.01% |
2023-09-21 | Jefferies Group LLC | new | - | 272,828 | 272,828 | -% |
2023-09-21 | Halpern Financial, Inc. | new | - | 7,982 | 7,982 | -% |
2023-09-20 | BARCLAYS PLC | added | 13.86 | 12,273,000 | 182,618,000 | 0.12% |
2023-09-20 | Mondrian Investment Partners LTD | new | - | 75,222,200 | 75,222,200 | 1.50% |
2023-09-12 | Farther Finance Advisors, LLC | added | 15.00 | 1,614 | 21,103 | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 1,361 | 14,987 | -% |
2023-08-24 | Alberta Investment Management Corp | added | 9.96 | 1,321,430 | 38,681,100 | 0.37% |
2023-08-22 | COMERICA BANK | new | - | 6,000 | 6,000 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -1.17 | -3,017,790 | 40,458,100 | 0.06% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of CDW
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | select equity group, l.p. | 5.0% | 6,780,830 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 11.99% | 16,238,051 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 7.9% | 10,689,019 | SC 13G/A | |
| Feb 14, 2022 | select equity group, l.p. | 5.17% | 7,016,322 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 11.44% | 15,526,811 | SC 13G/A | |
| Feb 04, 2022 | wellington management group llp | 3.94% | 5,346,408 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 7.0% | 9,519,631 | SC 13G/A | |
| Feb 12, 2021 | select equity group, l.p. | 5.22% | 7,460,535 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 11.11% | 15,882,926 | SC 13G/A | |
| Feb 03, 2021 | wellington management group llp | 5.64% | 8,062,092 | SC 13G |
Recent SEC filings of CDW
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading |
CDW Fair Value
Loading...
Peers (Alternatives to CDW)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
TEL | 38.8B | 16.4B | -7.54% | 12.15% | 18.79 | 2.37 | 3.93% | -17.82% |
CDW | 26.9B | 22.4B | -5.72% | 29.55% | 24.99 | 1.2 | -2.39% | 6.56% |
GLW | 26.5B | 13.3B | -8.06% | 4.95% | 28.4 | 1.93 | -8.71% | -68.18% |
KEYS | 23.4B | 5.6B | -1.63% | -16.31% | 20.75 | 4.19 | 6.17% | 2.08% |
JBL | 16.9B | 35.3B | 11.65% | 123.31% | 17.31 | 0.48 | 10.73% | 14.25% |
ZBRA | - | 5.5B | -15.34% | -10.83% | - | - | -5.22% | 30.78% |
| MID-CAP | ||||||||
SNX | 9.2B | 60.8B | -3.91% | 21.80% | 13.78 | 0.15 | 17.91% | 35.28% |
DLB | 7.7B | 1.3B | -5.09% | 23.87% | 35.21 | 6 | 2.12% | 9.33% |
ARW | 7.1B | 35.8B | -6.43% | 35.88% | 5.9 | 0.2 | -0.62% | -13.87% |
NSIT | 4.7B | 9.7B | -9.03% | 75.74% | 17.78 | 0.49 | -6.70% | 0.69% |
| SMALL-CAP | ||||||||
OSIS | 2.0B | 1.3B | -10.98% | 65.35% | 21.75 | 1.56 | 8.04% | -20.43% |
CNXN | 1.4B | 3.0B | 0.60% | 20.04% | 18.72 | 0.48 | -6.29% | -15.28% |
KN | 1.4B | 692.6M | -5.82% | 22.27% | -6.89 | 1.96 | -19.15% | -88.42% |
PAR | 1.1B | 391.4M | -10.91% | 36.34% | -15.69 | 2.82 | 20.49% | 23.51% |
LASR | 479.4M | 224.2M | -10.03% | 9.10% | -9.19 | 2.14 | -15.40% | -50.79% |
CDW News
Returns for CDW
Cumulative Returns on CDW
25.2%
10-Year Cumulative Returns
24.9%
7-Year Cumulative Returns
19.1%
5-Year Cumulative Returns
18.7%
3-Year Cumulative Returns
Risks for CDW
What is the probability of a big loss on CDW?
44.2%
Probability that CDW stock will be more than 20% underwater in next one year
18.9%
Probability that CDW stock will be more than 30% underwater in next one year.
18.5%
Probability that CDW stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does CDW drawdown profile look like?
Y-axis is the maximum loss one would have experienced if CDW was unfortunately bought at previous high price.
Drawdowns
Financials for CDW
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -2.3% | 22,383 | 22,903 | 23,749 | 23,847 | 22,932 | 21,932 | 20,821 | 20,240 | 19,697 | 18,916 | 18,468 | 18,048 | 18,200 | 18,464 | 18,032 | 17,570 | 17,036 | 16,592 | 16,241 | 15,918 | 15,478 |
| Gross Profit | 0.3% | 4,685 | 4,672 | 4,687 | 4,481 | 4,163 | 3,877 | 3,569 | 3,474 | 3,384 | 3,249 | 3,210 | 3,107 | 3,098 | 3,124 | 3,040 | 2,956 | 2,853 | 2,775 | 2,707 | 2,627 | 2,555 |
| S&GA Expenses | 1.2% | 3,005 | 2,968 | 2,951 | 2,853 | 2,615 | 2,395 | 2,150 | 2,062 | 2,041 | 1,992 | 2,031 | 1,976 | 1,964 | 1,974 | 1,906 | 1,997 | 1,892 | 1,800 | 1,720 | 1,482 | 1,443 |
| EBITDA | -100.0% | - | 1,506 | 1,543 | 1,444 | 1,394 | 1,385 | 1,338 | 1,378 | 1,358 | 1,306 | 1,273 | 1,206 | 1,150 | 1,105 | 1,057 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.07* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.07* | 0.07* | 0.07* | 0.07* | 0.07* | 0.06* | 0.06* | 0.06* | - | - | - | - | - | - |
| Interest Expenses | -0.2% | -237 | -237 | -235 | -219 | -193 | -171 | -150 | -144 | -148 | -152 | -154 | -156 | -158 | -159 | -159 | -158 | -152 | -149 | -148 | -148 | -149 |
| Earnings Before Taxes | -1.6% | 1,430 | 1,454 | 1,488 | 1,394 | 1,345 | 1,339 | 1,298 | 1,306 | 1,205 | 1,079 | 1,002 | 943 | 954 | 970 | 950 | 920 | 898 | 866 | 841 | 818 | 786 |
| EBT Margin | -100.0% | - | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.05* | 0.05* | 0.05* | 0.05* | 0.05* | - | - | - | - | - | - |
| Net Income | -1.5% | 1,078 | 1,094 | 1,115 | 1,043 | 1,011 | 1,006 | 989 | 1,012 | 938 | 853 | 789 | 736 | 744 | 752 | 737 | 711 | 693 | 669 | 643 | 679 | 624 |
| Net Income Margin | -100.0% | - | 0.05* | 0.05* | 0.04* | 0.04* | 0.05* | 0.05* | 0.05* | 0.05* | 0.05* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 1,202 | 1,208 | 1,111 | 1,076 | 700 | 685 | 1,122 | 1,047 | 1,283 | 1,156 | 788 | 836 | 756 | 791 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 1.7% | 12,986 | 12,768 | 13,132 | 13,476 | 13,653 | 13,514 | 13,199 | 9,012 | 8,991 | 9,054 | 9,345 | 9,224 | 8,750 | 8,222 | 7,999 | 7,703 | 7,922 | 7,680 | 7,168 | 7,375 | 7,330 |
| Current Assets | 3.3% | 6,488 | 6,280 | 6,564 | 6,895 | 7,040 | 6,871 | 6,478 | 5,292 | 5,422 | 5,470 | 5,954 | 5,760 | 5,236 | 4,666 | 4,334 | 4,295 | 4,425 | 4,133 | 3,797 | 3,950 | 3,845 |
| Cash Equivalents | -27.0% | 204 | 279 | 315 | 385 | 542 | 387 | 258 | 245 | 501 | 879 | 1,410 | 1,250 | 958 | 214 | 154 | 167 | 195 | 285 | 206 | 255 | 101 |
| Inventory | 1.1% | 790 | 781 | 800 | 915 | 1,020 | 1,055 | 928 | 844 | 889 | 745 | 760 | 648 | 695 | 672 | 611 | 604 | 652 | 591 | 454 | 481 | 577 |
| Net PPE | 3.7% | 194 | 187 | 189 | 188 | 195 | 196 | 196 | 179 | 176 | 176 | 176 | 268 | 327 | 332 | 363 | 171 | 163 | 155 | 156 | 148 | 150 |
| Goodwill | 1.4% | 4,428 | 4,366 | 4,343 | 4,328 | 4,370 | 4,377 | 4,383 | 2,805 | 2,732 | 2,812 | 2,596 | 2,573 | 2,532 | 2,530 | 2,553 | 2,516 | 2,525 | 2,528 | 2,463 | 2,470 | 2,473 |
| Current Liabilities | 4.6% | 4,997 | 4,778 | 4,947 | 5,359 | 5,416 | 5,465 | 5,096 | 3,833 | 3,770 | 3,709 | 3,898 | 3,837 | 3,562 | 3,647 | 3,491 | 3,241 | 3,460 | 3,215 | 2,803 | 2,804 | 2,820 |
| LT Debt, Current | -7.7% | 42.00 | 46.00 | 56.00 | 58.00 | 106 | 84.00 | 103 | 29.00 | 20.00 | 20.00 | 71.00 | 72.00 | 38.00 | 34.00 | 34.00 | 25.00 | 26.00 | 26.00 | 25.00 | 32.00 | 39.00 |
| LT Debt, Non Current | -0.5% | 5,721 | 5,750 | 5,866 | 6,100 | 6,481 | 6,515 | 6,756 | 4,038 | 3,909 | 3,911 | 3,856 | 3,859 | 3,862 | 3,439 | 3,283 | 3,259 | 3,253 | 3,258 | 3,183 | 3,187 | 3,202 |
| Shareholder's Equity | 2.8% | 1,613 | 1,569 | 1,603 | 1,326 | 1,106 | 893 | 706 | 837 | 1,049 | 1,170 | 1,297 | 1,239 | 1,056 | 890 | 960 | 935 | 936 | 927 | 975 | 1,161 | 1,069 |
| Retained Earnings | -0.9% | -1,862 | -1,847 | -1,763 | -1,969 | -2,197 | -2,408 | -2,570 | -2,402 | -2,163 | -2,004 | -1,813 | -1,794 | -1,932 | -2,067 | -2,018 | -1,985 | -1,973 | -1,972 | -1,892 | -1,703 | -1,780 |
| Additional Paid-In Capital | 1.2% | 3,600 | 3,557 | 3,518 | 3,482 | 3,442 | 3,404 | 3,370 | 3,336 | 3,294 | 3,263 | 3,205 | 3,162 | 3,138 | 3,115 | 3,095 | 3,073 | 3,048 | 3,025 | 2,997 | 2,971 | 2,953 |
| Shares Outstanding | -0.7% | 134 | 135 | 136 | 135 | 135 | 135 | 135 | 137 | 140 | 141 | 142 | 143 | 142 | 143 | 143 | 145 | 146 | 147 | 148 | 151 | 152 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -11.5% | 1,168 | 1,321 | 1,336 | 1,242 | 1,201 | 821 | 785 | 1,213 | 1,143 | 1,436 | 1,314 | 1,083 | 1,129 | 998 | 1,027 | 986 | 988 | 936 | 906 | 941 | 734 |
| Share Based Compensation | 1.4% | 92.00 | 91.00 | 91.00 | 91.00 | 81.00 | 78.00 | 73.00 | 70.00 | 65.00 | 50.00 | 43.00 | 37.00 | 38.00 | 45.00 | 49.00 | 49.00 | 47.00 | 45.00 | 41.00 | 40.00 | 39.00 |
| Cashflow From Investing | -23.8% | -219 | -177 | -164 | -2,524 | -2,647 | -2,577 | -2,769 | -398 | -315 | -409 | -201 | -353 | -312 | -268 | -331 | -182 | -171 | -158 | -86.10 | -75.90 | -77.90 |
| Cashflow From Financing | -3.6% | -1,286 | -1,242 | -1,102 | 1,434 | 1,500 | 1,268 | 833 | -1,824 | -1,298 | -374 | 139 | 350 | -50.30 | -799 | -749 | -888 | -721 | -703 | -754 | -706 | -630 |
| Dividend Payments | 4.0% | 307 | 295 | 283 | 270 | 258 | 246 | 235 | 224 | 224 | 222 | 220 | 217 | 205 | 194 | 183 | 173 | 162 | 151 | 139 | 128 | 120 |
| Buy Backs | 98.1% | 396 | 200 | - | 315 | 765 | 1,142 | 1,500 | 1,385 | 935 | 558 | 341 | 305 | 466 | 621 | 657 | 783 | 678 | 590 | 522 | 233 | 351 |
CDW Income Statement
2023-06-30Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 5,626.1 | $ 6,145.8 | $ 10,729.2 | $ 12,094.9 |
| Cost of sales | 4,444.6 | 4,977.6 | 8,458.3 | 9,822.6 |
| Gross profit | 1,181.5 | 1,168.2 | 2,270.9 | 2,272.3 |
| Selling and administrative expenses | 769.3 | 732.9 | 1,503.4 | 1,450.1 |
| Operating income | 412.2 | 435.3 | 767.5 | 822.2 |
| Interest expense, net | (58.2) | (57.7) | (115.9) | (113.7) |
| Other expense, net | (0.6) | (0.4) | (1.9) | (0.9) |
| Income before income taxes | 353.4 | 377.2 | 649.7 | 707.6 |
| Income tax expense | (90.8) | (97.9) | (157.0) | (178.1) |
| Net income | $ 262.6 | $ 279.3 | $ 492.7 | $ 529.5 |
| Net income per common share: | ||||
| Basic (in dollars per share) | $ 1.95 | $ 2.07 | $ 3.65 | $ 3.92 |
| Diluted (in dollars per share) | $ 1.92 | $ 2.04 | $ 3.60 | $ 3.87 |
| Weighted-average common shares outstanding: | ||||
| Basic (in shares) | 134.6 | 135.2 | 135.1 | 135.1 |
| Diluted (in shares) | 136.1 | 136.8 | 136.7 | 136.8 |
CDW Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 203.9 | $ 315.2 |
| Accounts receivable, net of allowance for credit losses of $26.0 and $25.7, respectively | 4,496.9 | 4,461.3 |
| Merchandise inventory | 789.8 | 800.2 |
| Miscellaneous receivables | 518.3 | 489.1 |
| Prepaid expenses and other | 479.1 | 498.2 |
| Total current assets | 6,488.0 | 6,564.0 |
| Operating lease right-of-use assets | 137.2 | 149.2 |
| Property and equipment, net | 194.4 | 188.8 |
| Goodwill | 4,428.2 | 4,342.7 |
| Other intangible assets, net | 1,424.6 | 1,490.7 |
| Other assets | 313.5 | 396.1 |
| Total Assets | 12,985.9 | 13,131.5 |
| Current liabilities: | ||
| Accounts payable-trade | 2,866.8 | 2,821.3 |
| Accounts payable-inventory financing | 616.2 | 519.0 |
| Current maturities of long-term debt | 42.2 | 56.3 |
| Contract liabilities | 442.1 | 485.5 |
| Accrued expenses and other current liabilities: | ||
| Compensation | 281.3 | 377.8 |
| Advertising | 147.4 | 130.5 |
| Sales and income taxes | 79.0 | 73.5 |
| Other | 522.3 | 483.2 |
| Total current liabilities | 4,997.3 | 4,947.1 |
| Long-term liabilities: | ||
| Debt | 5,721.0 | 5,866.4 |
| Deferred income taxes | 180.2 | 203.4 |
| Operating lease liabilities | 173.6 | 175.2 |
| Other liabilities | 300.6 | 336.1 |
| Total long-term liabilities | 6,375.4 | 6,581.1 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value, 100.0 shares authorized; no shares issued or outstanding for both periods | 0.0 | 0.0 |
| Common stock, $0.01 par value, 1,000.0 shares authorized; 134.0 and 135.5 shares outstanding, respectively | 1.3 | 1.4 |
| Paid-in capital | 3,599.5 | 3,518.1 |
| Accumulated deficit | (1,862.8) | (1,763.8) |
| Accumulated other comprehensive loss | (124.8) | (152.4) |
| Total stockholders’ equity | 1,613.2 | 1,603.3 |
| Total Liabilities and Stockholders’ Equity | $ 12,985.9 | $ 13,131.5 |
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. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise, hybrid, and cloud capabilities across data center and networking, digital workspace, and security. Its hardware products comprise notebooks/mobile devices, network communications, desktop computers, video monitors, enterprise and data storage, and others; and software products consists of application suites, security, virtualization, operating systems, and network management. The company also provides advisory and design, software development, implementation, managed, professional, configuration, and telecom services, as well as warranties; mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. The company was founded in 1984 and is headquartered in Vernon Hills, Illinois.