Powerpack

Unlock full stockrow access for only $9.90/month and boost yourself as an investor.

  • Full quarterly history

    Every quarter and TTM period we hold, not just the last 12.

  • Analyst estimates

    Three years of forward estimates and dividend forecasts.

  • Unlimited screener

    All results, unlimited saved screens, email when a screen changes.

  • Unlimited Excel

    Full workbooks and screener exports.

  • Unlimited follows

See Powerpack
Screener Weekly Summary Pricing

CDW Corporation CDW

Technology  —  Information Technology Services
135.43 (4.03) (2.89%) as of 25 Sep
Market cap
$17.4B
P/E
16.2×
S&P 500 Member Dividend Champion (10y) Insider Buys (last 12m)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

CDW Corporation (CDW) Business Profile

Updated before January 2025

Company Overview

CDW Corporation (CDW) is a leading provider of technology solutions for business, government, education, and healthcare sectors. Founded in 1984 by Michael Krasny, CDW began as a small business selling computer hardware and software. Over the years, the company has grown into a Fortune 500 organization, serving customers across the United States, Canada, and the United Kingdom. Headquartered in Lincolnshire, Illinois, CDW employs over 15,000 professionals globally. The company is led by Christine A. Leahy, who has served as President and Chief Executive Officer since 2019. Under her leadership, CDW has continued to expand its portfolio and strengthen its market position.

Core Business Segments

CDW operates across several core business segments, offering a wide range of products and services tailored to meet the needs of its diverse customer base. These segments include:

Hardware

  • Computers and Laptops: CDW provides a variety of devices from leading brands like Dell, HP, Lenovo, and Apple.
  • Networking Equipment: Routers, switches, and wireless access points from Cisco, Aruba, and other top manufacturers.
  • Data Storage: Solutions such as external hard drives, NAS devices, and cloud storage options.
  • Peripherals: Monitors, keyboards, mice, and other accessories.

Software

  • Operating Systems: Windows, macOS, and Linux distributions.
  • Productivity Tools: Microsoft Office 365, Google Workspace, and other collaboration software.
  • Security Solutions: Antivirus software, firewalls, and endpoint protection.
  • Cloud Services: SaaS, IaaS, and PaaS offerings from providers like AWS, Microsoft Azure, and Google Cloud.

Services

  • Consulting and Advisory: IT strategy development, technology assessments, and implementation planning.
  • Managed Services: Network monitoring, cybersecurity management, and cloud optimization.
  • Technical Support: On-site and remote support for hardware and software issues.
  • Training and Certification: Programs to help organizations upskill their workforce in various IT domains.

Emerging Technologies

  • Artificial Intelligence (AI): AI-driven analytics and automation tools.
  • Internet of Things (IoT): Smart devices and sensors for industrial and commercial applications.
  • Edge Computing: Solutions to process data closer to its source for faster decision-making.

Business Model

CDW’s business model revolves around integrating products and services to deliver comprehensive technology solutions. The company acts as a value-added reseller (VAR), partnering with leading technology manufacturers to offer a wide range of products. CDW generates revenue through direct sales, subscription-based services, and managed IT solutions. Its customer-centric approach ensures tailored solutions that address specific business challenges. Additionally, CDW leverages its extensive network of partners and suppliers to provide competitive pricing and reliable delivery.

Strategic Direction

CDW is focused on driving growth through innovation and strategic investments. Key areas of focus include:

  • Services Growth: Expanding managed services and cloud offerings to meet the increasing demand for IT outsourcing.
  • Sustainability Goals: Implementing eco-friendly practices and promoting energy-efficient technologies.
  • New Product Categories: Exploring opportunities in AI, IoT, and edge computing to stay ahead of industry trends.
  • Global Expansion: Strengthening its presence in international markets, particularly in Europe and Asia.

Competitive Landscape

CDW operates in a highly competitive market, facing competition from both large corporations and niche players. Key competitors include:

  • Insight Enterprises: A global provider of IT solutions and services.
  • SHI International: Specializes in software licensing and IT asset management.
  • Dell Technologies: Offers a wide range of hardware and software solutions.
  • Amazon Web Services (AWS): Competes in the cloud services segment.
  • Best Buy for Business: Targets small and medium-sized businesses with technology solutions.

Risk Factors

CDW faces several risks that could impact its operations and financial performance:

  • Market Dependence: Reliance on product and service sales makes the company vulnerable to market fluctuations.
  • Supply Chain Disruptions: Delays or shortages in the supply chain could affect product availability.
  • Technological Obsolescence: Rapid advancements in technology require continuous innovation and adaptation.
  • Economic Conditions: Global economic downturns could reduce IT spending by businesses and governments.

Recent Developments

CDW has recently introduced several initiatives to enhance its offerings and market position:

  • Acquisition of Sirius Computer Solutions: Strengthening its capabilities in managed services and IT consulting.
  • Expansion of Cloud Services: Partnering with AWS and Microsoft Azure to offer advanced cloud solutions.
  • Focus on Cybersecurity: Launching new security services to address growing cyber threats.
  • Response to Global Events: Adapting to supply chain challenges and remote work trends driven by the COVID-19 pandemic.

Investment Considerations

Strengths

  • Diverse Portfolio: Wide range of products and services catering to various industries.
  • Strong Partnerships: Collaborations with leading technology providers.
  • Financial Stability: Consistent revenue growth and profitability.
  • Customer Focus: Tailored solutions and excellent customer service.

Risks

  • Market Volatility: Dependence on IT spending trends.
  • Competition: Intense competition from established players and new entrants.
  • Regulatory Challenges: Compliance with international trade and data protection laws.

Conclusion

CDW Corporation is a prominent player in the technology solutions market, offering a comprehensive portfolio of products and services. With a strong focus on innovation, customer satisfaction, and strategic growth, CDW is well-positioned to capitalize on emerging opportunities. While the company faces challenges such as market volatility and supply chain disruptions, its robust business model and strategic initiatives provide a solid foundation for future growth.