CDW Corporation
CDW Technology Information Technology Services
CDW Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.4 billion, up 6.79% from fiscal 2024. In the quarter to June 2026, revenue grew 9.97%, EPS grew 4.85%, free cash flow fell 161.9% and total debt rose 3.27%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.
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CDW Corporation (CDW) EV/EBITDA
As of 16 October 2026, CDW Corporation (CDW) trades at a EV/EBITDA of 12.4×. Over the past ten years it has ranged from 9.1× (May 2026) to 22.0× (January 2022); the current reading is higher than 34% of that period. That is above the Information Technology Services industry median of 9.7× and below the Technology sector median of 15.3×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 11.7× | (20.44%) |
| FY2024 | 14.7× | (17.20%) |
| FY2023 | 17.8× | 20.76% |
| FY2022 | 14.7× | (32.08%) |
| FY2021 | 21.7× | 63.51% |
| FY2020 | 13.3× | (22.14%) |
| FY2019 | 17.1× | 40.28% |
| FY2018 | 12.2× | (1.61%) |
| FY2017 | 12.4× | 16.45% |
| FY2016 | 10.6× | (0.25%) |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 11.8× | 12.20% |
| Mar 2026 | 10.5× | (10.38%) |
| Dec 2025 | 11.7× | (13.29%) |
| Sep 2025 | 13.5× | (7.51%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| FISV Fiserv, Inc. compare | 6.6× |
| CTSH Cognizant Technology Solutions Corporation compare | 7.8× |
| FIS Fidelity National Information Services, Inc. compare | 8.3× |
| LDOS Leidos Holdings, Inc. compare | 9.0× |
| WIT Wipro Limited compare | 9.4× |
| IT Gartner, Inc. compare | 10.4× |
| CDW CDW Corporation | 12.4× |
| BR Broadridge Financial Solutions, Inc. compare | 13.1× |
| CACI CACI International, Inc. compare | 15.6× |
| Information Technology Services industry median | 9.7× |
| Technology sector median | 15.3× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on CDW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement