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) P/B ratio
As of 16 October 2026, CDW Corporation (CDW) trades at a P/B ratio of 7.8×. Over the past ten years it has ranged from 5.0× (May 2026) to 40.8× (January 2022); the current reading is higher than 24% of that period. That is above the Information Technology Services industry median of 1.6× and above the Technology sector median of 2.7×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 6.9× | (30.67%) |
| FY2024 | 9.9× | (31.94%) |
| FY2023 | 14.5× | (3.93%) |
| FY2022 | 15.1× | (62.34%) |
| FY2021 | 40.2× | 177.39% |
| FY2020 | 14.5× | (32.87%) |
| FY2019 | 21.6× | 72.09% |
| FY2018 | 12.5× | 14.02% |
| FY2017 | 11.0× | 36.38% |
| FY2016 | 8.1× | 23.45% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 7.3× | 19.72% |
| Mar 2026 | 6.1× | (10.97%) |
| Dec 2025 | 6.9× | (16.48%) |
| Sep 2025 | 8.2× | (13.75%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| IT Gartner, Inc. compare | n/m |
| FISV Fiserv, Inc. compare | 0.9× |
| FIS Fidelity National Information Services, Inc. compare | 1.2× |
| CTSH Cognizant Technology Solutions Corporation compare | 2.1× |
| WIT Wipro Limited compare | 2.5× |
| LDOS Leidos Holdings, Inc. compare | 3.0× |
| CACI CACI International, Inc. compare | 3.0× |
| BR Broadridge Financial Solutions, Inc. compare | 7.1× |
| CDW CDW Corporation | 7.8× |
| Information Technology Services industry median | 1.6× |
| Technology sector median | 2.7× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
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
- 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