CDW Corporation

NasdaqGS:CDW Stock Report

Market Cap: US$23.9b

CDW (CDW) Stock Overview

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. More details

CDW fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends4/6

Rewards

Trading at 20.9% below our estimate of its fair value

Earnings are forecast to grow 7.36% per year

Risk Analysis

Debt is not well covered by operating cash flow


CDW Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

CDW logo
CDW
AN
AnalystHighTarget
Consensus Narrative from 11 Analysts

Cloud Services And Cybersecurity Will Empower Digital Transformation

Key Takeaways Strategic focus on advanced IT services and automation is positioning CDW as an indispensable enterprise partner, driving recurring revenue and supporting long-term growth. Expansion in cloud, SaaS, and managed services, combined with disciplined expense management, is enhancing profit margins and sustaining stable, high-quality earnings.
View narrative
US$236.00
FV
22.5% undervalued intrinsic discount
4.41%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
about 6 hours ago author updated this narrative
CDW logo
CDW
AN
AnalystConsensusTarget
Consensus Narrative from 11 Analysts

Cloud, Cybersecurity And AI Will Open New Markets

Key Takeaways Strategic investments in cloud, cybersecurity, and AI are driving revenue growth by focusing on high-margin services and solutions. Strategic acquisitions and share repurchase initiatives enhance earnings per share through improved offerings and reduced share count.
View narrative
US$207.07
FV
11.7% undervalued intrinsic discount
3.28%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
about 7 hours ago author updated this narrative
CDW logo
CDW
AN
AnalystLowTarget
Consensus Narrative from 11 Analysts

Public Cloud Shift Will Erode Legacy Margins And Market Share

Key Takeaways Accelerating cloud adoption and direct sales by OEMs threaten CDW’s legacy business model, curbing growth and market share. Compressed IT budgets, vendor consolidation, and rising compliance costs intensify margin pressures and diminish earnings predictability.
View narrative
US$160.00
FV
14.3% overvalued intrinsic discount
1.43%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
about 2 months ago author updated this narrative
View CDW Community

CDW Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for CDW
Historical stock prices
Current Share PriceUS$182.84
52 Week HighUS$241.26
52 Week LowUS$137.31
Beta0.94
1 Month Change4.62%
3 Month Change20.63%
1 Year Change-16.17%
3 Year Change15.60%
5 Year Change61.26%
Change since IPO895.32%

Recent News & Updates

CDW Corporation's (NASDAQ:CDW) Share Price Not Quite Adding Up

Jun 30
CDW Corporation's (NASDAQ:CDW) Share Price Not Quite Adding Up

CDW (NASDAQ:CDW) Seems To Use Debt Quite Sensibly

Jun 14
CDW (NASDAQ:CDW) Seems To Use Debt Quite Sensibly

We Think The Compensation For CDW Corporation's (NASDAQ:CDW) CEO Looks About Right

May 14
We Think The Compensation For CDW Corporation's (NASDAQ:CDW) CEO Looks About Right

Recent updates

CDW Corporation's (NASDAQ:CDW) Share Price Not Quite Adding Up

Jun 30
CDW Corporation's (NASDAQ:CDW) Share Price Not Quite Adding Up

CDW (NASDAQ:CDW) Seems To Use Debt Quite Sensibly

Jun 14
CDW (NASDAQ:CDW) Seems To Use Debt Quite Sensibly

We Think The Compensation For CDW Corporation's (NASDAQ:CDW) CEO Looks About Right

May 14
We Think The Compensation For CDW Corporation's (NASDAQ:CDW) CEO Looks About Right

CDW (NASDAQ:CDW) Has Announced A Dividend Of $0.625

May 11
CDW (NASDAQ:CDW) Has Announced A Dividend Of $0.625

CDW Corporation: A Turnaround Could Be Taking Shape

Apr 22

Here's Why CDW (NASDAQ:CDW) Can Manage Its Debt Responsibly

Mar 11
Here's Why CDW (NASDAQ:CDW) Can Manage Its Debt Responsibly

What Does CDW Corporation's (NASDAQ:CDW) Share Price Indicate?

Feb 24
What Does CDW Corporation's (NASDAQ:CDW) Share Price Indicate?

CDW Corp: Rating Upgrade As Growth Has Seen Positive Inflection

Feb 09

CDW (NASDAQ:CDW) Is Paying Out A Dividend Of $0.625

Feb 09
CDW (NASDAQ:CDW) Is Paying Out A Dividend Of $0.625

Pinning Down CDW Corporation's (NASDAQ:CDW) P/E Is Difficult Right Now

Feb 03
Pinning Down CDW Corporation's (NASDAQ:CDW) P/E Is Difficult Right Now

A Look At The Intrinsic Value Of CDW Corporation (NASDAQ:CDW)

Jan 18
A Look At The Intrinsic Value Of CDW Corporation (NASDAQ:CDW)

Investors Could Be Concerned With CDW's (NASDAQ:CDW) Returns On Capital

Jan 03
Investors Could Be Concerned With CDW's (NASDAQ:CDW) Returns On Capital

CDW (NASDAQ:CDW) Seems To Use Debt Quite Sensibly

Dec 03
CDW (NASDAQ:CDW) Seems To Use Debt Quite Sensibly

Is It Too Late To Consider Buying CDW Corporation (NASDAQ:CDW)?

Nov 18
Is It Too Late To Consider Buying CDW Corporation (NASDAQ:CDW)?

CDW Corp.: Rating Downgrade On Uncertain Timing Of Growth Recovery

Nov 05

CDW (NASDAQ:CDW) Has Announced That It Will Be Increasing Its Dividend To $0.625

Nov 02
CDW (NASDAQ:CDW) Has Announced That It Will Be Increasing Its Dividend To $0.625

Pinning Down CDW Corporation's (NASDAQ:CDW) P/E Is Difficult Right Now

Oct 31
Pinning Down CDW Corporation's (NASDAQ:CDW) P/E Is Difficult Right Now

CDW Corp: An Underappreciated Technology Reseller

Oct 28

Estimating The Fair Value Of CDW Corporation (NASDAQ:CDW)

Oct 01
Estimating The Fair Value Of CDW Corporation (NASDAQ:CDW)

Here's Why CDW (NASDAQ:CDW) Can Manage Its Debt Responsibly

Aug 31
Here's Why CDW (NASDAQ:CDW) Can Manage Its Debt Responsibly
author-image

Critical Shifts And Market Adaptations Position The Company For Enhanced Growth And Margin Improvement

CDW's strategic focus on advanced technology solutions and diversification across sectors hints at robust revenue and growth potential.

CDW Corporation: Everything Is On Track

Aug 15

A Look Into CDW's (NASDAQ:CDW) Impressive Returns On Capital

Aug 15
A Look Into CDW's (NASDAQ:CDW) Impressive Returns On Capital

CDW Corporation's (NASDAQ:CDW) Share Price Not Quite Adding Up

Jul 31
CDW Corporation's (NASDAQ:CDW) Share Price Not Quite Adding Up

CDW Corporation: 2 Major Growth Catalysts Ahead

Jun 01

CDW Corporation: Expect Some Recovery In Hardware Spending

Mar 27

CDW Corporation: Growth Outlook And Valuation Not Attractive

Feb 16

CDW Corporation: Mix Shift Towards Software And Services Drive Margin Expansion

Jan 11

Shareholder Returns

CDWUS ElectronicUS Market
7D2.8%3.4%2.9%
1Y-16.2%24.6%13.9%

Return vs Industry: CDW underperformed the US Electronic industry which returned 24.6% over the past year.

Return vs Market: CDW underperformed the US Market which returned 13.9% over the past year.

Price Volatility

Is CDW's price volatile compared to industry and market?
CDW volatility
CDW Average Weekly Movement6.1%
Electronic Industry Average Movement8.9%
Market Average Movement7.7%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market4.0%

Stable Share Price: CDW has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CDW's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198415,100Chris Leahywww.cdw.com

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 and cloud capabilities across hybrid infrastructure, digital experience, and security.

CDW Corporation Fundamentals Summary

How do CDW's earnings and revenue compare to its market cap?
CDW fundamental statistics
Market capUS$23.86b
Earnings (TTM)US$1.09b
Revenue (TTM)US$21.33b
22.2x
P/E Ratio
1.1x
P/S Ratio

Is CDW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDW income statement (TTM)
RevenueUS$21.33b
Cost of RevenueUS$16.66b
Gross ProfitUS$4.66b
Other ExpensesUS$3.57b
EarningsUS$1.09b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)8.25
Gross Margin21.86%
Net Profit Margin5.10%
Debt/Equity Ratio266.7%

How did CDW perform over the long term?

See historical performance and comparison

Dividends

1.4%
Current Dividend Yield
31%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/02 21:55
End of Day Share Price 2025/07/02 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CDW Corporation is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jayson NolandBaird
Ishan MajumdarBaptista Research
Benjamin ReitzesBarclays