stockrowCDW 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.
- Revenue
- +17.7%
- EPS
- +11.6%
- Free cash flow
- +24.6%
- Total debt
- +26.6%
Quarter to September 2026, against a year earlier
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CDW Corporation (CDW) Operating margin
CDW Corporation's operating margin over the twelve months to 30 September 2026 was 7.03%, down 0.4 percentage points from fiscal 2025 (7.38%). Over the past ten years it has ranged from 5.71% (fiscal 2015) to 7.86% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Information Technology Services industry median of 1.67% and above the Technology sector median of 0.02%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 7.38% | (0.48) |
| FY2024 | 7.86% | 0.00 |
| FY2023 | 7.86% | 0.55 |
| FY2022 | 7.31% | 0.49 |
| FY2021 | 6.82% | 0.43 |
| FY2020 | 6.39% | 0.10 |
| FY2019 | 6.29% | 0.21 |
| FY2018 | 6.08% | 0.24 |
| FY2017 | 5.84% | (0.16) |
| FY2016 | 6.00% | 0.29 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 7.25% | 0.73 |
| Jun 2026 | 6.52% | (0.10) |
| Mar 2026 | 6.62% | (1.20) |
| Dec 2025 | 7.82% | 0.09 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| BR Broadridge Financial Solutions, Inc. compare | 17.0% |
| FIS Fidelity National Information Services, Inc. compare | 16.4% |
| WIT Wipro Limited compare | 16.2% |
| CTSH Cognizant Technology Solutions Corporation compare | 15.7% |
| LDOS Leidos Holdings, Inc. compare | 11.5% |
| CACI CACI International, Inc. compare | 9.79% |
| CDW CDW Corporation | 7.03% |
| FISV Fiserv, Inc. compare | −10.9% |
| WSE WISE GROUP PLC compare | — |
| Information Technology Services industry median | 1.67% |
| Technology sector median | 0.02% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on CDW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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