CDW Past Earnings Performance
Past criteria checks 3/6
CDW has been growing earnings at an average annual rate of 9.6%, while the Electronic industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 4.6% per year. CDW's return on equity is 47.2%, and it has net margins of 5.3%.
Key information
9.6%
Earnings growth rate
11.4%
EPS growth rate
| Electronic Industry Growth | 12.9% |
| Revenue growth rate | 4.6% |
| Return on equity | 47.2% |
| Net Margin | 5.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How CDW makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 20,831 | 1,110 | 2,879 | 0 |
| 30 Jun 24 | 20,943 | 1,109 | 2,911 | 0 |
| 31 Mar 24 | 21,146 | 1,090 | 2,889 | 0 |
| 31 Dec 23 | 21,376 | 1,104 | 2,894 | 0 |
| 30 Sep 23 | 21,796 | 1,095 | 2,896 | 0 |
| 30 Jun 23 | 22,383 | 1,078 | 2,940 | 0 |
| 31 Mar 23 | 22,903 | 1,094 | 2,919 | 0 |
| 31 Dec 22 | 23,749 | 1,115 | 2,903 | 0 |
| 30 Sep 22 | 23,847 | 1,043 | 2,811 | 0 |
| 30 Jun 22 | 22,932 | 1,011 | 2,540 | 0 |
| 31 Mar 22 | 21,932 | 1,006 | 2,341 | 0 |
| 31 Dec 21 | 20,821 | 989 | 2,115 | 0 |
| 30 Sep 21 | 20,240 | 1,012 | 2,045 | 0 |
| 30 Jun 21 | 19,697 | 938 | 2,030 | 0 |
| 31 Mar 21 | 18,916 | 853 | 1,987 | 0 |
| 31 Dec 20 | 18,468 | 789 | 2,031 | 0 |
| 30 Sep 20 | 18,048 | 736 | 1,976 | 0 |
| 30 Jun 20 | 18,200 | 744 | 1,964 | 0 |
| 31 Mar 20 | 18,464 | 752 | 1,974 | 0 |
| 31 Dec 19 | 18,032 | 737 | 1,906 | 0 |
| 30 Sep 19 | 17,570 | 711 | 1,864 | 0 |
| 30 Jun 19 | 17,036 | 693 | 1,806 | 0 |
| 31 Mar 19 | 16,592 | 669 | 1,763 | 0 |
| 31 Dec 18 | 16,241 | 643 | 1,720 | 0 |
| 30 Sep 18 | 15,918 | 679 | 1,662 | 0 |
| 30 Jun 18 | 15,478 | 624 | 1,621 | 0 |
| 31 Mar 18 | 15,183 | 592 | 1,601 | 0 |
| 31 Dec 17 | 14,833 | 523 | 1,584 | 0 |
| 30 Sep 17 | 14,573 | 432 | 1,572 | 0 |
| 30 Jun 17 | 14,348 | 428 | 1,550 | 0 |
| 31 Mar 17 | 14,121 | 405 | 1,527 | 0 |
| 31 Dec 16 | 13,673 | 425 | 1,508 | 0 |
| 30 Sep 16 | 13,908 | 411 | 1,495 | 0 |
| 30 Jun 16 | 13,701 | 436 | 1,481 | 0 |
| 31 Mar 16 | 13,350 | 426 | 1,422 | 0 |
| 31 Dec 15 | 12,989 | 403 | 1,374 | 0 |
| 30 Sep 15 | 12,620 | 366 | 1,324 | 0 |
| 30 Jun 15 | 12,385 | 270 | 1,284 | 0 |
| 31 Mar 15 | 12,177 | 249 | 1,264 | 0 |
| 31 Dec 14 | 12,075 | 245 | 1,248 | 0 |
| 30 Sep 14 | 11,738 | 253 | 1,227 | 0 |
| 30 Jun 14 | 11,336 | 195 | 1,280 | 0 |
| 31 Mar 14 | 11,009 | 155 | 1,270 | 0 |
| 31 Dec 13 | 10,769 | 133 | 1,252 | 0 |
Quality Earnings: CDW * has high quality earnings.
Growing Profit Margin: CDW *'s current net profit margins (5.3%) are higher than last year (5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CDW *'s earnings have grown by 9.6% per year over the past 5 years.
Accelerating Growth: CDW *'s earnings growth over the past year (1.3%) is below its 5-year average (9.6% per year).
Earnings vs Industry: CDW * earnings growth over the past year (1.3%) did not outperform the Electronic industry 3.7%.
Return on Equity
High ROE: Whilst CDW *'s Return on Equity (47.24%) is outstanding, this metric is skewed due to their high level of debt.