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) Return on invested capital
CDW Corporation's return on invested capital over the twelve months to 30 June 2026 was 13.3%, down 0.3 percentage points from fiscal 2025 (13.6%). Over the past ten years it has ranged from 10.7% (fiscal 2015) to 19.3% (fiscal 2020); the current reading is higher than 45% of that period. That is above the Information Technology Services industry median of 0.57% and above the Technology sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 13.6% | (0.22) |
| FY2024 | 13.8% | (1.00) |
| FY2023 | 14.8% | (0.24) |
| FY2022 | 15.0% | 2.90 |
| FY2021 | 12.1% | (7.18) |
| FY2020 | 19.3% | 2.14 |
| FY2019 | 17.2% | 1.67 |
| FY2018 | 15.5% | 2.23 |
| FY2017 | 13.3% | 0.52 |
| FY2016 | 12.8% | 2.02 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| IT Gartner, Inc. compare | 52.7% |
| WIT Wipro Limited compare | 17.0% |
| CTSH Cognizant Technology Solutions Corporation compare | 14.4% |
| BR Broadridge Financial Solutions, Inc. compare | 14.3% |
| CDW CDW Corporation | 13.3% |
| LDOS Leidos Holdings, Inc. compare | 12.0% |
| CACI CACI International, Inc. compare | 6.27% |
| FISV Fiserv, Inc. compare | 5.38% |
| FIS Fidelity National Information Services, Inc. compare | 3.71% |
| Information Technology Services industry median | 0.57% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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