US · USD

CDW

CDW Corp

$133.92+0.47% ($0.63)
Day's range
$132.40 – $137.37
Day's volume
$146.9M
52-week range
$98.25 – $156.19

Follow CDW in the Fuolio

See how CDW weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

CDW in numbers

Market cap
$16.7B
P/E
15.50
P/B
6.86
Dividend yield (12m)
1.88%
Net debt/EBITDA
2.76

The 12-month dividend yield of CDW is 1.88%, above its 5-year average of 1.26%.

CDW price history

10/06/202510/05/2026
Compare with

CDW risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-5.67%-33.77%-24.45%
Volatility (annualized)28.81%26.30%26.85%
Largest drawdown-15.66%-51.30%-51.30%
Positive months6/1216/3629/60

How much did investing in CDW return?

$1,000.00 invested on 11/01/2021 would be worth $755.50 today.

Value today in CDW
$755.50
Return over the period
-24.45%
Return per year
-5.53%
In the S&P 500
$1,702.20

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

CDW fundamentals

Valuation

  • P/E
    15.50
  • P/B
    6.86
  • EV/EBITDA
    11.23
  • EV/EBIT
    13.22
  • EV/Revenue
    0.94
  • P/EBIT
    9.97
  • P/S
    0.71
  • P/OCF
    17.05
  • P/FCF
    19.46
  • Earnings yield
    7.56%
  • PEG ratio
    —
  • Earnings per share
    $8.64
  • Book value per share
    $19.53

Debt

  • Net debt
    $5.5B
  • Net debt/EBITDA
    2.76
  • Net debt/Equity
    2.23
  • Debt/Equity
    2.38
  • Current ratio
    1.17
  • Quick ratio
    1.05
  • Cash ratio
    0.04

Efficiency

  • Gross margin
    21.36%
  • EBITDA margin
    8.41%
  • Operating margin
    7.14%
  • Net margin
    4.60%
  • Asset turnover
    1.36

Profitability

  • ROE
    44.24%
  • ROA
    6.26%
  • ROIC
    15.83%
  • Payout
    29.16%

Growth

  • Revenue CAGR (5 years)
    3.59%
  • Earnings CAGR (5 years)
    2.86%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is CDW's fair price?

Two classic value formulas, with today's numbers. The current price is $133.92.

Graham's fair price
$61.63
53.98% below the price

√(22.50 × $8.64 × $19.53)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$37.23
72.20% below the price

$2.23 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

CDW's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E16.4721.3927.6321.7327.9523.5727.6818.54
P/B6.749.8014.9415.1039.1614.3321.2412.22
EV/EBITDA11.5714.6318.2214.7221.2613.1516.8211.91
Dividend yield1.84%1.43%1.05%1.17%0.83%1.17%0.89%1.14%
Earnings per share$8.27$8.13$8.23$8.22$7.33$5.59$5.16$4.37
Book value per share$20.20$17.76$15.22$11.82$5.23$9.20$6.73$6.63
ROE40.93%45.81%54.07%69.51%140.09%60.79%76.73%65.94%
ROIC16.24%16.58%18.03%18.03%14.79%24.32%21.33%18.99%
Gross margin21.73%21.92%21.76%19.73%17.14%17.38%16.86%16.67%
EBITDA margin8.70%9.17%9.13%8.53%7.73%8.69%7.77%7.71%
Net margin4.76%5.13%5.17%4.69%4.75%4.27%4.09%3.96%
Net debt/EBITDA2.572.662.592.774.101.572.262.40

CDW's financial statements

Line202520242023202220212020
Net revenue$22.4B$21B$21.4B$23.7B$20.8B$18.5B
Cost of revenue-$17.6B-$16.4B-$16.7B-$19.1B-$17.3B-$15.3B
Gross profit$4.9B$4.6B$4.7B$4.7B$3.6B$3.2B
EBITDA$2B$1.9B$2B$2B$1.6B$1.6B
EBIT$1.7B$1.7B$1.7B$1.7B$1.4B$1.2B
Financial result——————
Income before tax$1.4B$1.4B$1.5B$1.5B$1.3B$1B
Income tax-$360.8M-$357.6M-$345.9M-$373.3M-$309.2M-$213.8M
Net income$1.1B$1.1B$1.1B$1.1B$988.6M$788.5M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does CDW pay dividends?

Dividend yield per year

  • 0.99%2017
  • 1.14%2018
  • 0.89%2019
  • 1.17%2020
  • 0.83%2021
  • 1.17%2022
  • 1.05%2023
  • 1.43%2024
  • 1.84%2025
  • 1.41%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend08/24/202609/10/2026$0.63
Dividend05/21/202606/10/2026$0.63
Dividend02/24/202603/10/2026$0.63
Dividend11/24/202512/10/2025$0.63
Dividend08/22/202509/10/2025$0.63
Dividend05/22/202506/10/2025$0.63
Dividend02/24/202503/11/2025$0.63
Dividend11/22/202412/10/2024$0.63
Dividend08/23/202409/10/2024$0.62
Dividend05/22/202406/11/2024$0.62
Dividend02/22/202403/12/2024$0.62
Dividend11/21/202312/12/2023$0.62
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend08/23/202309/12/2023$0.59
Dividend05/23/202306/13/2023$0.59
Dividend02/22/202303/10/2023$0.59
Dividend11/22/202212/09/2022$0.59
Dividend08/23/202209/09/2022$0.50
Dividend05/23/202206/10/2022$0.50
Dividend02/23/202203/10/2022$0.50
Dividend11/22/202112/10/2021$0.50
Dividend08/23/202109/10/2021$0.40
Dividend05/21/202106/10/2021$0.40
Dividend02/23/202103/10/2021$0.40
Dividend11/23/202012/10/2020$0.40
Dividend08/21/202009/10/2020$0.38
Dividend05/20/202006/10/2020$0.38
Dividend02/21/202003/10/2020$0.38
Dividend11/21/201912/10/2019$0.38
Dividend08/22/201909/10/2019$0.30
Dividend05/22/201906/11/2019$0.30
Dividend02/21/201903/12/2019$0.30
Dividend11/22/201812/10/2018$0.30
Dividend08/22/201809/10/2018$0.21
Dividend05/23/201806/11/2018$0.21
Dividend02/22/201803/12/2018$0.21
Dividend11/21/201712/11/2017$0.21
Dividend08/22/201709/11/2017$0.16
Dividend05/22/201706/12/2017$0.16
Dividend02/21/201703/10/2017$0.16
Dividend11/21/201612/12/2016$0.16

About Cdw

Sector
Retail

Questions about CDW

How much is CDW today?

CDW is at $133.92 (0.47% on the day), last traded on 10/05/2026.

How much did CDW pay in dividends in 2025?

CDW paid $2.51 per share in 2025, a dividend yield of 1.84%.

What are the P/E and P/B of CDW?

CDW trades at a P/E of 15.50 and a P/B of 6.86.

How much did CDW return in 12 months?

CDW returned -5.67% in 12 months, with annualized volatility of 28.81% and a largest drawdown of -15.66%.