(CDW) CDW - Overview

Sector: Technology | Industry: Information Technology Services | Exchange: NASDAQ (USA) | Market Cap: 13.040m USD | Total Return: -43.7% in 12m

Hardware, Software, Cloud Solutions, IT Services
Total Rating 39
Safety 52
Buy Signal -0.03
Information Technology Services
Industry Rotation: +7.0
Market Cap: 13.0B
Avg Turnover: 251M
Risk 3d forecast
Volatility46.0%
VaR 5th Pctl7.90%
VaR vs Median4.46%
Reward TTM
Sharpe Ratio-1.51
Rel. Str. IBD5.8
Rel. Str. Peer Group5
Character TTM
Beta0.898
Beta Downside1.239
Hurst Exponent0.569
Drawdowns 3y
Max DD60.37%
CAGR/Max DD-0.25
CAGR/Mean DD-0.68
EPS (Earnings per Share) EPS (Earnings per Share) of CDW over the last years for every Quarter: "2021-03": 1.74, "2021-06": 2.02, "2021-09": 2.13, "2021-12": 2.08, "2022-03": 2.2, "2022-06": 2.49, "2022-09": 2.6, "2022-12": 2.5, "2023-03": 2.03, "2023-06": 2.56, "2023-09": 2.72, "2023-12": 2.57, "2024-03": 1.92, "2024-06": 2.5, "2024-09": 2.63, "2024-12": 2.48, "2025-03": 2.15, "2025-06": 2.6, "2025-09": 2.71, "2025-12": 2.57, "2026-03": 2.28,
EPS CAGR: -2.32%
EPS Trend: 2.4%
Last SUE: -0.06
Qual. Beats: 0
Revenue Revenue of CDW over the last years for every Quarter: 2021-03: 4837.5, 2021-06: 5146.4, 2021-09: 5300, 2021-12: 5536.9, 2022-03: 5949.1, 2022-06: 6145.8, 2022-09: 6215.5, 2022-12: 5438.3, 2023-03: 5103.1, 2023-06: 5626.1, 2023-09: 5628.3, 2023-12: 5018.5, 2024-03: 4872.7, 2024-06: 5423.4, 2024-09: 5516.6, 2024-12: 5186, 2025-03: 5199.1, 2025-06: 5976.6, 2025-09: 5737.4, 2025-12: 5511, 2026-03: 5679.8,
Rev. CAGR: -2.08%
Rev. Trend: -12.9%
Last SUE: 0.89
Qual. Beats: 0

Warnings

Altman Z'' 0.84 < 1.0 - financial distress zone

Tailwinds

Confidence

Description: CDW CDW

CDW Corporation is a multi-national provider of information technology solutions serving commercial, government, education, and healthcare clients in the United States, Canada, and the United Kingdom. The company functions as a value-added reseller (VAR), bridging the gap between major technology manufacturers and end-users by offering a comprehensive suite of hardware, software, and integrated services. Its offerings span hybrid infrastructure, digital workspace tools, and cybersecurity solutions.

As a technology distributor, CDW operates within a sector characterized by high volume and thin margins, where profitability often depends on scale and deep vendor relationships. The company’s business model relies on its ability to provide technical expertise and lifecycle management services, which adds value beyond simple hardware fulfillment. Investors may find it useful to examine ValueRay for deeper insights into the companys competitive positioning.

The firm’s portfolio includes mobile devices, network communications, data storage, and cloud-based software suites. In addition to product sales, CDW generates revenue through professional services such as advisory, design, implementation, and managed IT support. Founded in 1984 and headquartered in Vernon Hills, Illinois, the company has evolved from a direct-to-consumer computer retailer into a global enterprise technology partner.

Headlines to Watch Out For
  • Corporate IT spending recovery drives hardware and software volume growth
  • Shift toward high-margin cloud and security services improves operating margins
  • Federal and education sector budget cycles dictate seasonal revenue fluctuations
  • Supply chain stability and inventory management impact working capital efficiency
  • Interest rate volatility influences financing costs for large-scale enterprise deployments
Piotroski VR‑10 (Strict) 7.0
Net Income: 1.08b TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.15 > 1.0
NWC/Revenue: 5.53% < 20% (prev 8.77%; Δ -3.24% < -1%)
CFO/TA 0.07 > 3% & CFO 1.19b > Net Income 1.08b
Net Debt (5.57b) to EBITDA (1.97b): 2.83 < 3
Current Ratio: 1.16 > 1.5 & < 3
Outstanding Shares: last quarter (129.5m) vs 12m ago -3.00% < -2%
Gross Margin: 21.57% > 18% (prev 0.22%; Δ 2.14k% > 0.5%)
Asset Turnover: 145.6% > 50% (prev 142.0%; Δ 3.56% > 0%)
Interest Coverage Ratio: 14.53 > 6 (EBITDA TTM 1.97b / Interest Expense TTM 115.0m)
Altman Z'' 0.84
A: 0.08 (Total Current Assets 8.97b - Total Current Liabilities 7.70b) / Total Assets 16.45b
B: -0.08 (Retained Earnings -1.33b / Total Assets 16.45b)
C: 0.11 (EBIT TTM 1.67b / Avg Total Assets 15.74b)
D: -0.10 (Book Value of Equity -1.45b / Total Liabilities 13.90b)
Altman-Z'' Score: 0.84 = B
Beneish M -2.89
DSRI: 1.15 (Receivables 7.24b/5.86b, Revenue 22.90b/21.33b)
GMI: 1.01 (GM 21.57% / 21.86%)
AQI: 0.93 (AQ_t 0.44 / AQ_t-1 0.47)
SGI: 1.07 (Revenue 22.90b / 21.33b)
TATA: -0.01 (NI 1.08b - CFO 1.19b) / TA 16.45b)
Beneish M-Score: -2.89 (Cap -4..+1) = A
What is the price of CDW shares? As of May 19, 2026, the stock is trading at USD 104.04 with a total of 1,475,221 shares traded.
Over the past week, the price has changed by +1.46%, over one month by -23.98%, over three months by -15.87% and over the past year by -43.74%.
Is CDW a buy, sell or hold? 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
What are the forecasts/targets for the CDW price?
Analysts Target Price 147.3 41.6%
CDW (CDW) - Fundamental Data Overview as of 19 May 2026
P/E Trailing = 12.4324
P/E Forward = 11.1982
P/S = 0.5693
P/B = 5.2388
P/EG = 1.3345
Revenue TTM = 22.90b USD
EBIT TTM = 1.67b USD
EBITDA TTM = 1.97b USD
Long Term Debt = 4.64b USD (from longTermDebt, last quarter)
Short Term Debt = 1.36b USD (from shortTermDebt, last quarter)
Debt = 6.15b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.57b USD (from netDebt column, last quarter)
Enterprise Value = 18.61b USD (13.04b + Debt 6.15b - CCE 578.6m)
Interest Coverage Ratio = 14.53 (Ebit TTM 1.67b / Interest Expense TTM 115.0m)
EV/FCF = 17.29x (Enterprise Value 18.61b / FCF TTM 1.08b)
FCF Yield = 5.78% (FCF TTM 1.08b / Enterprise Value 18.61b)
FCF Margin = 4.70% (FCF TTM 1.08b / Revenue TTM 22.90b)
Net Margin = 4.70% (Net Income TTM 1.08b / Revenue TTM 22.90b)
Gross Margin = 21.57% ((Revenue TTM 22.90b - Cost of Revenue TTM 17.96b) / Revenue TTM)
Gross Margin QoQ = 20.95% (prev 22.76%)
Tobins Q-Ratio = 1.13 (Enterprise Value 18.61b / Total Assets 16.45b)
Interest Expense / Debt = 1.87% (Interest Expense 115.0m / Debt 6.15b)
Taxrate = 26.21% (83.6m / 319.0m)
NOPAT = 1.23b (EBIT 1.67b * (1 - 26.21%))
Current Ratio = 1.16 (Total Current Assets 8.97b / Total Current Liabilities 7.70b)
Debt / Equity = 2.41 (Debt 6.15b / totalStockholderEquity, last quarter 2.56b)
Debt / EBITDA = 2.83 (Net Debt 5.57b / EBITDA 1.97b)
Debt / FCF = 5.17 (Net Debt 5.57b / FCF TTM 1.08b)
Total Stockholder Equity = 2.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.84% (Net Income 1.08b / Total Assets 16.45b)
RoE = 42.37% (Net Income TTM 1.08b / Total Stockholder Equity 2.54b)
RoCE = 23.28% (EBIT 1.67b / Capital Employed (Equity 2.54b + L.T.Debt 4.64b))
RoIC = 15.08% (NOPAT 1.23b / Invested Capital 8.18b)
WACC = 6.65% (E(13.04b)/V(19.19b) * Re(9.14%) + D(6.15b)/V(19.19b) * Rd(1.87%) * (1-Tc(0.26)))
Discount Rate = 9.14% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.56 | Cagr: -2.12%
[DCF] Terminal Value 83.74% ; FCFF base≈1.05b ; Y1≈1.05b ; Y5≈1.13b
[DCF] Fair Price = 172.6 (EV 27.62b - Net Debt 5.57b = Equity 22.06b / Shares 127.8m; r=6.65% [WACC]; 5y FCF grow 0.17% → 3.0% )
EPS Correlation: 2.43 | EPS CAGR: -2.32% | SUE: -0.06 | # QB: 0
Revenue Correlation: -12.86 | Revenue CAGR: -2.08% | SUE: 0.89 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.77 | Chg30d=+1.62% | Revisions=+33% | Analysts=10
EPS next Quarter (2026-09-30): EPS=2.83 | Chg30d=+0.47% | Revisions=+27% | Analysts=10
EPS current Year (2026-12-31): EPS=10.62 | Chg30d=+1.01% | Revisions=+38% | GrowthEPS=+6.0% | GrowthRev=+4.7%
EPS next Year (2027-12-31): EPS=11.44 | Chg30d=+1.17% | Revisions=+54% | GrowthEPS=+7.8% | GrowthRev=+2.9%
[Analyst] Revisions Ratio: +54%