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Saturday 17 October 2026 Export CDW’s income statement to Excel — free account

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.

150.48 3.85 −2.49%
Market cap
$19.3B
P/E
18.0×
Fwd P/E
14.9×
Dividend yield
1.67%
F-score
5/9
Altman Z
2.52
Beneish M
−2.35
Dividend safety
82/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

CDW Corporation (CDW) Operating margin

Alert me on Operating margin

CDW Corporation's operating margin over the twelve months to 30 June 2026 was 7.14%, down 0.2 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 3.30% and above the Technology sector median of 0.00%.

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)
Jun 2026 6.52% (0.10)
Mar 2026 6.62% (1.20)
Dec 2025 7.82% 0.09
Sep 2025 7.73% 0.70
42 more quarters

Against its own ten years

Low 5.71% High 7.86%
Ten-year median 6.39%
Current reading's percentile 67

Operating margin against peers

Company Operating margin
FISV Fiserv, Inc. compare 22.3%
BR Broadridge Financial Solutions, Inc. compare 17.4%
IT Gartner, Inc. compare 17.3%
WIT Wipro Limited compare 16.3%
CTSH Cognizant Technology Solutions Corporation compare 15.9%
FIS Fidelity National Information Services, Inc. compare 15.7%
LDOS Leidos Holdings, Inc. compare 11.5%
CACI CACI International, Inc. compare 9.61%
CDW CDW Corporation 7.14%
Information Technology Services industry median 3.30%
Technology sector median 0.00%
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

The full definition of Operating margin →

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