Overview Dividends

(CDW) CDW - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US12514G1085

Hardware, Software, Services, Security, Cloud

Technology Distributors
Market Cap in USD: 18,284m

IPO / Inception: 1993-05-27
Return 12m vs S&P 500: -31.1%

EPS (Earnings per Share)

EPS CAGR: 7.31%
EPS Trend: 4.2%

Last SUE: 0.59
Qual. Beats: 0

Revenue

Rev. CAGR: 0.95%
Rev. Trend: -29.1%

Last SUE: -0.04
Qual. Beats: 0

Dividends

Dividend Yield	1.79%
Yield on Cost 5y	2.03%
Yield CAGR 5y	12.71%
Payout Consistency	100.0%
Payout Ratio	26.4%

Risk via 5d forecast
Volatility	26.7%
Value at Risk 5%th	42.1%
Relative Tail Risk	-4.35%

Reward TTM
Sharpe Ratio	-0.65
Alpha	-37.93
CAGR/Max DD	-0.15

Character TTM
Hurst Exponent	0.533
Beta	1.095
Beta Downside	1.160

Drawdowns 3y
Max DD	45.98%
Mean DD	18.01%
Median DD	14.77%

Description: CDW CDW December 19, 2025

CDW Corp (NASDAQ: CDW) is a leading IT solutions distributor operating in the United States, United Kingdom, and Canada, organized into Corporate, Small Business, and Public segments. The firm sells a broad catalog of hardware (e.g., notebooks, servers, networking gear) and software (cloud platforms, security suites, virtualization tools), and it bundles these into integrated, on-premise-or-cloud hybrid solutions covering infrastructure, digital experience, and cybersecurity.

Beyond product resale, CDW generates recurring revenue through advisory, design, implementation, managed services, and warranty contracts, serving enterprise, government, education, and healthcare customers. Its diversified service mix helps smooth earnings amid cyclical hardware demand.

Key recent metrics: FY 2023 revenue reached $20.4 billion, up ~5% YoY, with operating margin around 4.5% and free cash flow exceeding $1.2 billion. The company’s cloud-services revenue grew double-digits, reflecting broader enterprise shifts toward hybrid IT-a sector driver that the IDC estimates will sustain ~6% annual spend growth through 2027.

Strategically, CDW has leveraged acquisitions (e.g., Sirius Computer Solutions in 2021) to deepen its capabilities in managed services and vertical expertise, positioning it to capture a larger share of the $1.2 trillion U.S. technology-distribution market, where it currently holds roughly 10% market share.

For a deeper, data-driven valuation snapshot, you might explore CDW’s profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (1.05b TTM) > 0 and > 6% of Revenue (6% = 1.33b TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA -2.69pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 9.88% (prev 10.58%; Δ -0.69pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 1.12b > Net Income 1.05b (YES >=105%, WARN >=100%)

Net Debt (5.64b) to EBITDA (1.85b) ratio: 3.04 <= 3.0 (WARN <= 3.5)

Current Ratio 1.39 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (131.8m) change vs 12m ago -2.30% (target <= -2.0% for YES)

Gross Margin 21.60% (prev 22.09%; Δ -0.48pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 149.4% (prev 144.9%; Δ 4.55pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 5.28 (EBITDA TTM 1.85b / Interest Expense TTM 225.4m) >= 6 (WARN >= 3)

Altman Z'' 1.09

(A) 0.14 = (Total Current Assets 7.78b - Total Current Liabilities 5.59b) / Total Assets 15.20b

(B) -0.09 = Retained Earnings (Balance) -1.31b / Total Assets 15.20b

(D) -0.11 = Book Value of Equity -1.42b / Total Liabilities 12.66b

Total Rating: 1.09 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 56.11

1. Piotroski 5.0pt

2. FCF Yield 4.22%

3. FCF Margin 4.57%

4. Debt/Equity 2.40

5. Debt/Ebitda 3.04

6. ROIC - WACC (= 3.20)%

7. RoE 43.43%

8. Rev. Trend -29.12%

9. EPS Trend 4.20%

What is the price of CDW shares?

As of December 29, 2025, the stock is trading at USD 139.71 with a total of 740,201 shares traded.
Over the past week, the price has changed by +0.15%, over one month by -3.13%, over three months by -13.51% and over the past year by -18.19%.

Is CDW a buy, sell or hold?

CDW has received a consensus analysts rating of 4.08. Therefore, it is recommended to buy CDW.

Strong Buy: 5
Buy: 3
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the CDW price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	180.6	29.3%
Analysts Target Price	180.6	29.3%
ValueRay Target Price	126.8	-9.3%

CDW Fundamental Data Overview December 24, 2025

Market Cap USD = 18.28b (18.28b USD * 1.0 USD.USD)
P/E Trailing = 17.794
P/E Forward = 13.4048
P/S = 0.8273
P/B = 7.2107
P/EG = 1.53
Beta = 1.063
Revenue TTM = 22.10b USD
EBIT TTM = 1.19b USD
EBITDA TTM = 1.85b USD
Long Term Debt = 5.62b USD (from longTermDebt, last quarter)
Short Term Debt = 340.1m USD (from shortTermDebt, last quarter)
Debt = 6.09b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.64b USD (from netDebt column, last quarter)
Enterprise Value = 23.92b USD (18.28b + Debt 6.09b - CCE 452.9m)
Interest Coverage Ratio = 5.28 (Ebit TTM 1.19b / Interest Expense TTM 225.4m)
FCF Yield = 4.22% (FCF TTM 1.01b / Enterprise Value 23.92b)
FCF Margin = 4.57% (FCF TTM 1.01b / Revenue TTM 22.10b)
Net Margin = 4.76% (Net Income TTM 1.05b / Revenue TTM 22.10b)
Gross Margin = 21.60% ((Revenue TTM 22.10b - Cost of Revenue TTM 17.32b) / Revenue TTM)
Gross Margin QoQ = 21.88% (prev 20.77%)
Tobins Q-Ratio = 1.57 (Enterprise Value 23.92b / Total Assets 15.20b)
Interest Expense / Debt = 0.90% (Interest Expense 55.0m / Debt 6.09b)
Taxrate = 25.27% (98.4m / 389.4m)
NOPAT = 889.9m (EBIT 1.19b * (1 - 25.27%))
Current Ratio = 1.39 (Total Current Assets 7.78b / Total Current Liabilities 5.59b)
Debt / Equity = 2.40 (Debt 6.09b / totalStockholderEquity, last quarter 2.54b)
Debt / EBITDA = 3.04 (Net Debt 5.64b / EBITDA 1.85b)
Debt / FCF = 5.59 (Net Debt 5.64b / FCF TTM 1.01b)
Total Stockholder Equity = 2.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.92% (Net Income 1.05b / Total Assets 15.20b)
RoE = 43.43% (Net Income TTM 1.05b / Total Stockholder Equity 2.42b)
RoCE = 14.81% (EBIT 1.19b / Capital Employed (Equity 2.42b + L.T.Debt 5.62b))
RoIC = 10.91% (NOPAT 889.9m / Invested Capital 8.16b)
WACC = 7.71% (E(18.28b)/V(24.37b) * Re(10.05%) + D(6.09b)/V(24.37b) * Rd(0.90%) * (1-Tc(0.25)))
Discount Rate = 10.05% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.52%
[DCF Debug] Terminal Value 72.76% ; FCFE base≈1.14b ; Y1≈1.24b ; Y5≈1.56b
Fair Price DCF = 149.1 (DCF Value 19.42b / Shares Outstanding 130.2m; 5y FCF grow 10.02% → 3.0% )
EPS Correlation: 4.20 | EPS CAGR: 7.31% | SUE: 0.59 | # QB: 0
Revenue Correlation: -29.12 | Revenue CAGR: 0.95% | SUE: -0.04 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.20 | Chg30d=-0.001 | Revisions Net=-1 | Analysts=10
EPS next Year (2026-12-31): EPS=10.57 | Chg30d=-0.022 | Revisions Net=-1 | Growth EPS=+6.9% | Growth Revenue=+3.2%

Additional Sources for CDW Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle