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.

Revenue
+17.7%
EPS
+11.6%
Free cash flow
+24.6%
Total debt
+26.6%

Quarter to September 2026, against a year earlier

159.67 9.08 −5.38%
Market cap
$19.8B
P/E
18.6×
Fwd P/E
17.6×
Dividend yield
1.58%
F-score
5/9
Altman Z
2.52
Beneish M
−2.35
Dividend safety
82/100

CDW Corporation (CDW) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, CDW Corporation (CDW) trades at a price to free cash flow of 21.4×. Over the past ten years it has ranged from 11.9× (May 2026) to 42.1× (January 2022); the current reading is higher than 61% of that period. That is above the Information Technology Services industry median of 13.5× and above the Technology sector median of 18.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 16.4× (18.50%)
FY2024 20.2× (1.52%)
FY2023 20.5× 1.93%
FY2022 20.1× (51.51%)
FY2021 41.4× 154.90%
FY2020 16.3× (37.98%)
FY2019 26.2× 75.66%
FY2018 14.9× (4.13%)
FY2017 15.6× (0.24%)
FY2016 15.6× (59.17%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 17.2× (17.30%)
Jun 2026 20.8× 43.14%
Mar 2026 14.5× (11.74%)
Dec 2025 16.4× (20.53%)
43 more quarters

Against its own ten years

Low 11.9× High 42.1×
Ten-year median 20.3×
Current reading's percentile 61

Price to free cash flow against peers

Company Price to free cash flow
FIS Fidelity National Information Services, Inc. compare 8.3×
LDOS Leidos Holdings, Inc. compare 8.5×
FISV Fiserv, Inc. compare 10.6×
CTSH Cognizant Technology Solutions Corporation compare 12.7×
WIT Wipro Limited compare 14.6×
CACI CACI International, Inc. compare 17.2×
BR Broadridge Financial Solutions, Inc. compare 17.6×
CDW CDW Corporation 21.4×
WSE WISE GROUP PLC compare —
Information Technology Services industry median 13.5×
Technology sector median 18.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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