Inside the research
CDW Corporation
CDW Research profile · latest available data
Price overview
$135.43
▼ -4.03 (-2.9%)
| 52w hi | $161.09 |
|---|---|
| 52w lo | $98.25 |
| Vol | 1.21M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.46
| Short | +0.10 |
|---|---|
| Medium | +0.74 |
| Long | +0.62 |
computed 2026-09-27
Key fundamentals
CDW Corporation
Technology · Information Technology Services
| Market cap | $16.93B |
|---|---|
| Enterprise value | $23.00B |
| Trailing P/E | 16.28x |
| Forward P/E | 11.27x |
| EV / EBITDA | 11.44x |
| P / S (ttm) | 0.72x |
| Profit margin | 4.6% |
| Return on equity | 44.0% |
| Revenue growth | +10.0% |
| Earnings growth | +4.9% |
| Debt / equity | 263.28 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.23 | |
| Sector | +0.19 | |
| Technical | +0.17 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Commercial, Government, and Education. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. It also provides hardware products comprising notebooks/mobile devices, tablets, network communications, collaboration hardware, data storage and servers, desktop computers, and other hardware; and software products, such as cloud solutions, software assurance, application suites, security, virtualization, collaboration and productivity applications, operating systems, and network management. In addition, the company offers advisory and design, software development, implementation, and managed services, as well as warranties. It serves business, government, education, and healthcare customers. The company was formerly known as CDW Computer Centers, Inc. and changed its name to CDW Corporation in June 2003. CDW Corporation was founded in 1984 and is based in Vernon Hills, Illinois.
Risk Metrics
| Beta vs SPX | 1.02 |
|---|---|
| Corr SPX | 0.41 |
| Annual vol | 39.8% |
| Annual ret | -17.4% |
| Sharpe | -0.44 |
| Max DD | -56.6% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $147.30 |
|---|---|
| High / Low | $195.00 / $123.00 |
| Median | $144.50 |
| Analysts | 10 |
| Strong Buy | 0 | |
|---|---|---|
| Buy | 6 | |
| Hold | 5 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-08 | Citigroup | → Neutral |
| 2026-05-07 | UBS | → Buy |
| 2026-05-07 | JP Morgan | → Neutral |
| 2026-05-07 | Evercore ISI Group | → Outperform |
| 2026-05-07 | Barclays | → Equal-Weight |
| 2026-02-05 | UBS | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-08-05 | Earnings Release, Other Material Event… | read |
| 2026-05-26 | Bylaws Amendment, Shareholder Vote… | read |
| 2026-05-13 | Reg FD Disclosure, Other Material Event… | read |
| 2026-05-06 | Earnings Release, Other Material Event… | read |
| 2026-05-01 | Reg FD Disclosure | read |
| 2026-03-27 | Officer / Director Change | read |
| 2026-02-04 | Earnings Release, Other Material Event… | read |
| 2025-12-23 | Material Agreement, Termination of Agreement… | read |
| 2025-11-04 | Earnings Release, Other Material Event… | read |
| 2025-10-28 | Officer / Director Change | read |
| 2025-08-06 | Earnings Release, Other Material Event… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-07 | CONNELLY ELIZABETH H. | See Remarks | Option exercise | 11.79K | $1.13M |
| 2026-08-07 | CONNELLY ELIZABETH H. | See Remarks | Option exercise | 14.90K | $1.46M |
| 2026-08-07 | CONNELLY ELIZABETH H. | See Remarks | Sell | 26.70K | $3.67M |
| 2026-07-01 | NELMS DAVID W | Grant | 229 | — | |
| 2026-07-01 | Swedish Joseph | Grant | 208 | — | |
| 2026-06-10 | Jones Marc Ellis | Grant | 22 | $2.83K | |
| 2026-06-10 | TAN HANG | See Remarks | Grant | 165 | $21.29K |
| 2026-06-10 | CLARIZIO LYNDA M | Grant | 8 | $1.02K | |
| 2026-06-10 | LEAHY CHRISTINE A | See Remarks | Grant | 298 | $38.59K |
| 2026-06-10 | Kumar Mukesh | See Remarks | Grant | 105 | $13.59K |
Flow & Concentration
| Insider 180d net | -$3.67M |
|---|---|
| Insider buys / sells | 0 / 1 |
| Insider bias | Sellers |
| 13F holders | 9 |
| Top-5 share | 98.8% |
| HHI | 3,626 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $812.86M | 5.78M |
| Fidelity / FMR LLC | $218.22M | 1.55M |
| AQR Capital Management | $171.01M | 1.23M |
| Capital Research / Capital World | $141.18M | 1.00M |
| Citadel Advisors | $92.23M | 655.80K |
| Millennium Management | $13.07M | 92.92K |
| Renaissance Technologies | $2.81M | 20.00K |
| Bridgewater Associates | $1.85M | 13.15K |
| T. Rowe Price Group | $248.03K | 1.76M |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.93% |
|---|---|
| $ / share (TTM) | $1.26 |
| 5y CAGR | +10.2% |
Annual dividend per share
| 2021 | $1.70 |
|---|---|
| 2022 | $2.09 |
| 2023 | $2.39 |
| 2024 | $2.48 |
| 2025 | $2.50 |
| 2026 | $0.63 |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $22.42B | +6.2% | |
| Gross profit | $4.60B | +10.5% | |
| Operating income | $1.66B | +21.7% | |
| Net income | $1.08B | +32.0% | |
| Cash from ops | $1.21B | +13.1% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $140.00 | $141.45 | $135.33 | $135.43 | 1.21M |
| Sep 24 | $143.93 | $144.01 | $138.50 | $139.46 | 1.57M |
| Sep 23 | $148.58 | $150.34 | $145.81 | $146.16 | 1.01M |
| Sep 22 | $148.72 | $150.34 | $145.05 | $147.43 | 1.85M |
| Sep 21 | $147.23 | $148.79 | $143.67 | $146.41 | 1.88M |
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