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CDW logoCDW Corporation (CDW) Earnings History

Annual and quarterly earnings data from 1993 to 2025

TTM Net Income
$1.08B
Profitable
TTM EPS
$8.32
Diluted
YoY EPS Growth
+1.4%
Solid
Net Margin
4.8%
Profitability
Operating Margin7.4%
Gross Margin21.7%
ROE43.0%
ROA6.9%
Highest Annual Net Income$1.11B (2022)
Highest Quarterly EPS$2.35 (Q3 2024)
Consecutive Profitable Years15 years
Q1 2026
Net Income$235M
EPS$1.82
QoQ Growth-15.8%Declining

Loading earnings history...

CDW EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+1.4%
Solid
3-Year
-0.2%
Slow
5-Year
+8.2%
Solid
10-Year
+13.1%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

CDW Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202521.7%7.4%4.8%
202421.9%7.9%5.1%
202321.8%7.9%5.2%
202219.7%7.3%4.7%
202117.1%6.8%4.7%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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CDW Corporation (CDW) Earnings Overview

As of May 8, 2026, CDW Corporation (CDW) reported trailing twelve-month net income of $1.08B, reflecting +1.4% year-over-year growth. The company earned $8.32 per diluted share over the past four quarters, with a net profit margin of 4.8%.

Looking at the long-term picture, CDW's 5-year EPS compound annual growth rate (CAGR) stands at +8.2%, showing solid earnings momentum. The company achieved its highest annual net income of $1.11B in fiscal 2022.

CDW Corporation maintains positive profitability with a gross margin of 21.7%, operating margin of 7.4%, and net margin of 4.8%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including NSIT ($180M net income, 1.9% margin), PC (N/A net income, -28.4% margin), SCSC ($73M net income, 2.4% margin), CDW has outperformed on profitability metrics. Compare CDW vs NSIT →

CDW Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
CDW logoCDWCurrent
$1.1B$8.324.8%43.0%+1.4%—
NSIT logoNSIT
$180M$5.831.9%9.2%-25.8%
PC logoPC
---28.4%--2110.1%
SCSC logoSCSC
$73M$3.402.4%7.8%-2.0%
SNX logoSNX
$828M$10.231.3%10.0%+25.2%
AVT logoAVT
$214M$2.581.1%4.8%-49.4%
Best in group
Lowest in group

CDW Historical Earnings Data (1993–2025)

31 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$1.07B-1.0%$1.66B$8.084.8%7.4%
2024$1.08B-2.4%$1.65B$7.975.1%7.9%
2023$1.10B-0.9%$1.68B$8.105.2%7.9%
2022$1.11B+12.7%$1.74B$8.144.7%7.3%
2021$989M+25.4%$1.42B$7.044.7%6.8%
2020$789M+7.0%$1.18B$5.454.3%6.4%
2019$737M+14.6%$1.13B$4.994.1%6.3%
2018$643M+22.9%$987M$4.194.0%6.1%
2017$523M+23.1%$867M$3.313.5%5.8%
2016$425M+5.5%$820M$2.563.1%6.0%

Full CDW Stock Analysis

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Is CDW Undervalued?

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Compare CDW vs NVDA

Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.

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CDW — Frequently Asked Questions

Quick answers to the most common questions about buying CDW stock.

Is CDW growing earnings?

CDW EPS of $8.32 reflects slowing growth at +1.4%, below the 5-year CAGR of +8.2%. TTM net income is $1.1B. Expansion rate has moderated.

What are CDW's profit margins?

CDW Corporation net margin is +4.8%, with operating margin at +7.4%. Below-average margins reflect competitive or cost pressures.

How consistent are CDW's earnings?

CDW earnings data spans 1993-2025. The current earnings trend is +1.4% YoY. Historical data enables comparison across business cycles.

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CDW Earnings Over Time (2014–2025)

Net income and EPS trends