Saturday 10 October 2026 Export all CNXN data to Excel Powerpack

PC Connection, Inc.

CNXN Technology Electronics & Computer Distribution

PC Connection, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 2.52% from fiscal 2024. In the quarter to June 2026, revenue grew 12.4%, EPS grew 33.7% and free cash flow fell 366.8%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

92.45 1.56 +1.72%

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Market cap: $2.3B
P/E: 24.4×
Fwd P/E: 18.8×
Dividend yield: 0.81%
F-score: 5/9
Altman Z: 6.02
Beneish M: −2.43
Dividend safety: 85/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 16.69

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	2	4	4	2	1

Insider Ownership 55.88%

Capital & Financial Ratios $m

Market Cap 2,290.00

Revenue 2,987.87

Net Income 95.84

Free Cash Flow 34.05

Net Debt (340.69)

Current Ratio 2.88

Debt/Equity 0.00

P/E ratio 24.39

Fwd P/E 18.80

P/S ratio 0.78

P/B ratio 2.45

Past 5Y EPS Growth 9.05%

This Y EPS Growth 21.37%

Next Y EPS Growth 6.95%

Next Y revenue growth 8.22%

Next 5Y EPS Growth 10.63%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 98.45%

10-year low 10-year high

P/S against its own 10 years 99.96%

10-year low 10-year high

P/B against its own 10 years 99.96%

10-year low 10-year high

EV/Sales against its own 10 years 99.96%

10-year low 10-year high

EV/FCF against its own 10 years 85.57%

10-year low 10-year high

Dividends

Payout Ratio 0.20

Annual Dividend Rate 0.75

Annual Dividend Yield 0.81%

	total	individual payouts
2026	0.60	0.20 0.20 0.20
2025	0.60	0.15 0.15 0.15 0.15
2024	0.40	0.10 0.10 0.10 0.10
2023	0.32	0.08 0.08 0.08 0.08
2022	0.00	0.34
2021	0.32	0.32 1.00
2020	Powerpack
2019	0.00	0.32
2017	0.00	0.34

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	297	443	407	341
Receivables	611	611	648	727
Inventory	124	95	144	205
Other	—	—	—	—
	1,049	1,167	1,221	1,294

	2023	2024	2025	Q'26
Payables	264	300	338	378
ST’ Debt	—	—	—	—
Other	—	—	—	—
	328	371	420	449

Compound Annual Growth %

	10y	5y	3y
Sales	1.10%	2.09%	(2.77%)
Cash Flow	7.81%	12.63%	23.32%
Earnings	5.98%	8.47%	(2.10%)
Book Value	8.78%	7.42%	5.91%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	722	854	—	—	—
’25	701	760	709	703	2,873
’24	632	736	725	709	2,802
’23	728	734	693	696	2,851
’22	788	829	776	732	3,125
’21	637	704	751	800	2,893
’20	712	550	653	676	2,590

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	14	(64)	—	—	—
’25	(52)	26	64	27	65
’24	57	38	53	25	174
’23	20	116	50	12	198
’22	(38)	30	24	19	35
’21	6	26	(23)	49	58
’20	45	58	(56)	(10)	36

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	12	(66)	—	—	—
’25	(54)	25	62	25	58
’24	56	37	51	23	166
’23	18	113	48	10	188
’22	(41)	28	22	17	26
’21	4	24	(25)	46	48
’20	40	54	(57)	(12)	25

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.68	1.31	—	—	—
’25	0.51	0.97	0.97	0.82	3.27
’24	0.50	0.99	1.02	0.78	3.29
’23	0.54	0.75	0.97	0.90	3.15
’22	0.83	0.96	0.88	0.71	3.37
’21	0.39	0.66	0.76	0.85	2.65
’20	0.56	0.29	0.64	0.62	2.12

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	19.19	23.52	22.66	29.45	30.10	40.91	40.08	37.76	57.47	54.97	Analyst estimates 2026–2028 Powerpack
	High	29.74	30.48	43.05	52.69	56.33	55.21	56.68	70.45	77.19	74.84
People
People	Employees	2,501	2,505	2,513	2,609	2,598	2,542	2,685	2,703	2,580	2,525
	Revenue/emp, $m	1.08	1.16	1.07	1.08	1.00	1.14	1.16	1.05	1.09	1.14
Income, $m
Income, $m	Revenue	2,693	2,912	2,699	2,820	2,590	2,893	3,125	2,851	2,802	2,873
	Gross margin, %	13.78	13.12	15.23	16.00	16.17	16.06	16.84	17.95	18.55	18.77
	EBT	80	78	89	113	73	97	122	113	117	114
	EBT margin, %	2.99	2.67	3.28	4.00	2.83	3.34	3.89	3.97	4.19	3.96
	Net income	48	55	65	82	56	70	89	83	87	84
	Depreciation	10	12	14	13	14	12	12	11	9	12
Per share, $
Per share, $	Revenue	101.50	108.77	101.04	107.08	99.03	110.42	118.92	108.44	106.46	112.61
	Earnings	1.81	2.05	2.42	3.12	2.13	2.67	3.40	3.17	3.31	3.28
	Cash flow	1.27	0.72	3.25	1.39	1.38	2.20	1.33	7.53	6.61	2.57
	Capex	(0.45)	(0.44)	(0.79)	(0.97)	(0.42)	(0.39)	(0.35)	(0.36)	(0.29)	(0.29)
	Free cash flow	0.82	0.28	2.46	0.42	0.96	1.81	0.98	7.17	6.32	2.28
	Book value	16.34	18.01	19.68	22.68	24.33	26.05	29.16	31.98	34.61	35.68
	Shares, m	27	27	27	26	26	26	26	26	26	26
Valuation, ×
Valuation, ×	P/E	15.35	12.82	12.29	15.97	22.20	16.15	14.79	20.73	20.93	17.50
	P/S	0.27	0.24	0.29	0.46	0.48	0.39	0.42	0.60	0.65	0.51
	P/B	1.70	1.46	1.51	2.19	1.94	1.66	1.72	2.05	2.00	1.62
	EV/Sales	0.26	0.22	0.26	0.43	0.44	0.35	0.38	0.50	0.49	0.37
	EV/FCF	33.08	98.77	10.87	121.29	47.27	21.93	48.15	7.60	8.35	18.68
Cash, $m
Cash, $m	Operating cash flow	34	19	87	37	36	58	35	198	174	65
	Capex	(12)	(12)	(21)	(26)	(11)	(10)	(9)	(10)	(8)	(7)
	Free cash flow	22	8	66	11	25	48	26	188	166	58
Balance, $m
Balance, $m	Working capital	329	368	409	467	517	558	643	721	796	800
	Total debt	—	—	—	14	14	10	8	—	—	—
	Net debt	(49)	(50)	(92)	(90)	(96)	(108)	(123)	(297)	(443)	(407)
	Shareholders’ equity	433	482	526	597	636	682	766	841	911	910
Returns, %
Returns, %	ROA	7.26	7.65	8.32	9.42	5.71	6.66	8.17	7.28	7.00	6.32
	ROIC	13.10	11.21	12.33	13.80	8.33	10.51	11.71	11.86	12.95	12.33
	ROE	11.65	11.98	12.81	14.62	9.04	10.60	12.32	10.36	9.94	9.19

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SNX TD SYNNEX Corporation	$21.3B	16.6×	20.0×	+37.75% (above 0%: growing)	+88.41% (above 0%: growing)	−556.06% (below 0%: shrinking)	6.61%	2.98%	Compare
ARW Arrow Electronics, Inc.	$11.5B	14.4×	12.4×	+31.82% (above 0%: growing)	+46.96% (above 0%: growing)	+232.38% (above 0%: growing)	11.26%	3.78%	Compare
AVT Avnet, Inc.	$8.2B	24.4×	12.7×	+47.66% (above 0%: growing)	+2,100.00% (above 0%: growing)	−484.97% (below 0%: shrinking)	10.43%	2.78%	Compare
NSIT Insight Enterprises, Inc.	$4.7B	23.9×	14.6×	+14.73% (above 0%: growing)	+74.32% (above 0%: growing)	+93.34% (above 0%: growing)	21.74%	5.46%	Compare
CNXN PC Connection, Inc.	$2.3B	24.4×	18.8×	+12.41% (above 0%: growing)	+33.67% (above 0%: growing)	−366.82% (below 0%: shrinking)	18.44%	5.04%
SCSC ScanSource, Inc.	$1.2B	16.5×	12.1×	+17.25% (above 0%: growing)	+41.57% (above 0%: growing)	−193.39% (below 0%: shrinking)	12.57%	3.33%	Compare
CLMB Climb Global Solutions, Inc.	$608.3M	29.8×	18.0×	+9.37% (above 0%: growing)	−7.69% (below 0%: shrinking)	+619.99% (above 0%: growing)	17.31%	4.24%	Compare
TAIT Taitron Components Incorporated	$6.6M	17.8×	—	−61.87% (below 0%: shrinking)	n/m	−192.59% (below 0%: shrinking)	4.72%	(65.17%)	Compare
IZM ICZOOM Group Inc.	$2.2M	2.1×	—	−37.90% (below 0%: shrinking)	+33.33% (above 0%: growing)	+170.78% (above 0%: growing)	2.33%	0.00%	Compare
Median of peers	$3.0B	17.2×	13.6×	+15.99%	+46.96%	−49.62%	10.85%	3.16%

All 10 Electronics & Computer Distribution stocks →

PC Connection, Inc. (CNXN) key facts

Concern: Net income was $83.7 million, or $3.28 per share (basic), a net margin of 2.91%.
Strength: PC Connection, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 2.52% from fiscal 2024.
PC Connection, Inc. (CNXN) is an Electronics & Computer Distribution company in the Technology sector, listed on Nasdaq.
As of October 9, 2026, CNXN traded at $92.45, a market capitalization of $2.3 billion.
At that price the stock trades at 24.4× trailing-twelve-month earnings and 0.8× sales; its P/E is higher than 98% of its own readings over the past ten years.
PC Connection, Inc. pays an annual dividend of $0.75 per share, a yield of 0.81%, with a payout ratio of 19.8%.
Return on equity was 9.19% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 6.02 (safe zone) for fiscal 2025.