CDW Corporation CDW

135.43 (4.03) (2.89%) as of 25 Sep
Market cap
$17.4B
P/E
16.2×
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CDW Corporation (CDW) Gross margin

CDW Corporation's gross margin over the twelve months to 30 June 2026 was 21.4%, down 0.4 percentage points from fiscal 2025 (21.7%). Over the past ten years it has ranged from 16.3% (fiscal 2015) to 21.9% (fiscal 2024); the current reading is higher than 82% of that period. That is below the Information Technology Services industry median of 31.1% and below the Technology sector median of 47.2%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 21.7% (0.19)
FY2024 21.9% 0.16
FY2023 21.8% 2.03
FY2022 19.7% 2.59
FY2021 17.1% (0.24)
FY2020 17.4% 0.52
FY2019 16.9% 0.19
FY2018 16.7% 0.15
FY2017 16.5% (0.51)
FY2016 17.0% 0.74

Quarterly

Period Gross margin Change (points)
Jun 2026 20.1% (0.87)
Mar 2026 21.0% (1.81)
Dec 2025 22.8% 0.88
Sep 2025 21.9% 1.11
42 more quarters

Against its own ten years

Low 16.3% High 21.9%
Ten-year median 17.1%
Current reading's percentile 82

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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