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Stocks/Information Technology/Technology Distributors

CDWCDW

Technology Distributors · Vernon Hills, Illinois · In the S&P 500
Cheaper than peers
$153.79−6.91%After hours: $153.79 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 2.2% over 1 year
CDW over 1 yearDaily close, $, to 30 Oct 2026
$100$120$140$160Nov2026MarMayJulSep$153.79$100$125NovMarJul$153.79
Source: Nasdaq daily closes
Market value$19.23B
Price to earnings18.5x
Forward P/E13.4x
Dividend yield1.64%
Year to date+12.9%
One year−2.2%
Next earningsWed 4 Nov, before the open
SectorInformation Technology
52-week range (closes)
$99.30$165.20

Quality and valuation

How CDW compares with other information technology stocks. A description, not a recommendation.

CDW and 6 technology distributors peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: weaker than mostValuation: cheaper than most

A weaker business than most information technology companies, priced below most of them.

CDW trades at 13.4 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +7.4% vs +20.6%
  • Keeps less of each sale (gross margin): 21.4% vs 61.5%
  • Less profitable (operating margin): 7.1% vs 17.0%
  • Turns less of its sales into cash: 3.7% vs 21.7%
CDW trades at 13.4x forward earnings, below the sector medianForward p/e, Technology Distributors peers
MU5.0xCDW13.4xNVDA16.9xAVGO18.8xTSM19.8xMSFT26.5xAAPL37.4xAMD44.8xSector median 22.2xMU5.0xCDW13.4xNVDA16.9xAVGO18.8xTSM19.8xMSFT26.5xAAPL37.4xAMD44.8xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 18.5x earnings, CDW is cheaper than its average since Jul 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
15x20x25xAverage 20.0x2025202618.5x20xAverage 20.0x2025202618.5x
Source: Nasdaq prices; SEC filings

Financials

From CDW's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 10.0% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$2bn$4bn$6bnQ3 ’24Q1 ’25Q3 ’25$6.6bnQ2 ’26$0bn$2bn$5bnQ3 ’24Q1 ’25Q3 ’25$6.6bnQ2 ’26
Source: SEC filings
Growth sped up to +10.0% last quarterRevenue growth, year on year, %
0%5%10%Q3 ’24Q1 ’25Q3 ’2510.0%Q2 ’260%5%10%Q3 ’24Q1 ’25Q3 ’2510.0%Q2 ’26
Source: SEC filings
Operating margin was 6.5% last quarterOperating income as a share of revenue, %
0%2%5%8%Q3 ’24Q1 ’25Q3 ’256.5%Q2 ’260%5%Q3 ’24Q1 ’25Q3 ’256.5%Q2 ’26
Source: SEC filings
Free cash flow was $860 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200mQ3 ’24Q1 ’25Q3 ’25−$83mQ2 ’26$0m$200mQ3 ’24Q1 ’25Q3 ’25−$83mQ2 ’26
Source: SEC filings
Last 12 monthsCDWSector median
Revenue growth+7.4%+20.6%
Gross margin21.4%61.5%
Operating margin7.1%17.0%
Free cash flow margin3.7%21.7%
Price to earnings18.5x33.1x

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Similar companies

Technology Distributors, by market value.

CompanyPriceTodayYTDValue
AAPLApple$344.63−1.23%+26.8%$5.03T
NVDANvidia$204.64−4.22%+9.7%$4.93T
MSFTMicrosoft$521.91−1.55%+7.9%$3.88T
TSMTaiwan Semiconductor$406.13−5.95%+33.6%$2.11T
AVGOBroadcom$326.08−5.48%−5.8%$1.56T
MUMicron Technology$884.74−5.30%+210.0%$1.00T
AMDAMD$504.80−10.88%+135.7%$824B
ASMLASML$1,565.90−6.55%+46.4%$608B