CDW Stock Analysis: CDW | NASDAQ
Information Technology Services | NASDAQ, USA | Market Cap: 17.749m USD | 12M Return: -13.2% | US12514G1085 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 273M
EPS Trend: 67.5%
Qual. Beats: 0
Rev. Trend: 76.0%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
CDW Corporation is a large-cap U.S. information technology solutions provider headquartered in Vernon Hills, Illinois, and listed on NASDAQ since 1993. Founded in 1984 and formerly known as CDW Computer Centers, the company serves business, government, education, and healthcare customers across the United States, the United Kingdom, and Canada through three reporting segments: Commercial, Government, and Education.
The company operates a value-added distribution model, reselling a broad catalog of hardware (notebooks, desktops, servers, networking, storage, and collaboration devices) and software (cloud, security, virtualization, productivity, and operating systems) from third-party vendors. Beyond discrete product sales, CDW bundles advisory, design, implementation, software development, managed services, and warranty support into integrated hybrid IT solutions spanning on-premise and cloud environments. The technology distribution sub-industry in which CDW competes is typically characterized by high sales volume and relatively thin product margins, with profitability driven by scale, logistics efficiency, and the attach rate of higher-margin services.
- AI-driven hardware refresh lifts Commercial segment revenue
- Government and Education segments face federal budget pressure
- Capital allocation favors buybacks and debt paydown over M&A
| Net Income: 1.08b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.25 > 1.0 |
| NWC/Revenue: 5.89% < 20% (prev 9.28%; Δ -3.39% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.26b > Net Income 1.08b |
| Net Debt (5.75b) to EBITDA (1.83b): 3.15 < 3 |
| Current Ratio: 1.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (127.4m) vs 12m ago -3.78% < -2% |
| Gross Margin: 21.36% > 18% (prev 21.57%; Δ -0.21% > 0.5%) |
| Asset Turnover: 144.5% > 50% (prev 143.3%; Δ 1.21% > 0%) |
| Interest Coverage Ratio: 13.17 > 6 (EBIT TTM 1.56b / Interest Expense TTM 118.4m) |
| A: 0.08 (Total Current Assets 9.68b - Total Current Liabilities 8.30b) / Total Assets 17.3b |
| B: -0.09 (Retained Earnings -1.49b / Total Assets 17.3b) |
| C: 0.10 (EBIT TTM 1.56b / Avg Total Assets 16.3b) |
| D: 0.16 (Book Value of Equity 2.44b / Total Liabilities 14.8b) |
| Altman-Z'' = 1.06 = BB |
| DSRI: 1.19 (Receivables 7.89b/6.19b, Revenue 23.5b/21.9b) |
| GMI: 1.01 (GM 21.57% / 21.36%) |
| AQI: 0.90 (AQ_t 0.42 / AQ_t-1 0.47) |
| SGI: 1.07 (Revenue 23.5b / 21.9b) |
| TATA: -0.01 (NI 1.08b - CFO 1.26b) / TA 17.3b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of August 11, 2026, the stock is trading at USD 136.43 with a total of 1,442,143 shares traded. Over the past week, the price has changed by -7.63%, over one month by -5.51%, over three months by +33.84% and over the past year by -13.16%.
Current recommended Stop Loss: 122.40 (which is 10.3% or 1.8 ATR below the current price).
CDW has received a consensus analysts rating of 4.08. Therefore, it is recommended to buy CDW.
- StrongBuy: 5
- Buy: 3
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 152.6 | 11.8% |
P/E Trailing = 16.841
P/E Forward = 11.1982
P/S = 0.7553
P/B = 7.3895
P/EG = 1.3345
Revenue TTM = 23.5b USD
EBIT TTM = 1.56b USD
EBITDA TTM = 1.83b USD
Long Term Debt = 4.62b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.01b USD (from shortTermDebt, last quarter)
Debt = 6.11b USD (from shortLongTermDebtTotal, last quarter) + Leases 149.7m
Net Debt = 5.75b USD (calculated: Debt 6.11b - CCE 361.8m)
Enterprise Value = 23.5b USD (17.7b + Debt 6.11b - CCE 361.8m)
Interest Coverage Ratio = 13.17 (Ebit TTM 1.56b / Interest Expense TTM 118.4m)
EV/FCF = 21.20x (Enterprise Value 23.5b / FCF TTM 1.11b)
FCF Yield = 4.72% (FCF TTM 1.11b / Enterprise Value 23.5b)
FCF Margin = 4.72% (FCF TTM 1.11b / Revenue TTM 23.5b)
Net Margin = 4.60% (Net Income TTM 1.08b / Revenue TTM 23.5b)
Gross Margin = 21.36% ((Revenue TTM 23.5b - Cost of Revenue TTM 18.5b) / Revenue TTM)
Gross Margin QoQ = 20.08% (prev 20.95%)
Tobins Q-Ratio = 1.36 (Enterprise Value 23.5b / Total Assets 17.3b)
Interest Expense / Debt = 1.94% (Interest Expense 118.4m / Debt 6.11b)
Taxrate = 25.52% (370.1m / 1.45b)
NOPAT = 1.16b (EBIT 1.56b * (1 - 25.52%))
Current Ratio = 1.17 (Total Current Assets 9.68b / Total Current Liabilities 8.30b)
Debt / Equity = 2.50 (Debt 6.11b / totalStockholderEquity, last quarter 2.44b)
Debt / EBITDA = 3.15 (Net Debt 5.75b / EBITDA 1.83b)
Debt / FCF = 5.19 (Net Debt 5.75b / FCF TTM 1.11b)
Total Stockholder Equity = 2.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.64% (Net Income 1.08b / Total Assets 17.3b)
RoE = 42.60% (Net Income TTM 1.08b / Total Stockholder Equity 2.54b)
RoCE = 21.79% (EBIT 1.56b / Capital Employed (Equity 2.54b + L.T.Debt 4.62b))
RoIC = 12.09% (NOPAT 1.16b / Invested Capital 9.61b)
WACC = 6.67% (E(17.7b)/V(23.9b) * Re(8.47%) + D(6.11b)/V(23.9b) * Rd(1.94%) * (1-Tc(0.26)))
Discount Rate = 8.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.16 | Cagr: -2.86%
[DCF] Terminal Value 76.53% ; FCFF base≈1.07b ; Y1≈1.16b ; Y5≈1.41b
[DCF] Fair Price = 126.8 (EV 21.6b - Net Debt 5.75b = Equity 15.9b / Shares 125.0m; r=8.35% [WACC [floored]]; 5y FCF grow 8.80% → 2.50% )
EPS Correlation: 67.54 | EPS CAGR: 1.66% | SUE: 0.52 | # QB: 0
Revenue Correlation: 76.00 | Revenue CAGR: 3.26% | SUE: 1.82 | # QB: 2
EPS current Quarter (2026-09-30): EPS=2.90 | Chg30d=+0.21% | Revisions=+17% | Analysts=10
EPS current Year (2026-12-31): EPS=10.76 | Chg30d=+0.15% | Revisions=+50% | GrowthEPS=+7.3% | GrowthRev=+5.1%
EPS next Year (2027-12-31): EPS=11.78 | Chg30d=+0.31% | Revisions=+17% | GrowthEPS=+9.5% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +42% (up=7, down=2)