Last 48 quarters of trend data · Technology · Technology Distributors
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 17.96 | 13.02 | 16.35 | 16.62 | 15.91 | 18.02 | 21.78 | 23.71 | 22.09 | 24.07 | 27.03 | 40.22 | 26.07 | 21.74 | 23.77 | 29.00 | 21.36 | 17.98 | 19.31 | 24.44 | 32.61 |
| — | -27.7% | -24.9% | -29.9% | -28.0% | -25.2% | -19.4% | -41.1% | -15.3% | +10.7% | +13.7% | +38.7% | +22.0% | +20.9% | +23.1% | +18.7% | -34.5% | -24.5% | -14.6% | -3.9% | +63.3% | |
| P/S Ratio | 0.82 | 0.60 | 0.68 | 0.69 | 0.81 | 0.91 | 0.99 | 1.03 | 1.13 | 1.38 | 1.40 | 1.78 | 1.54 | 1.22 | 1.11 | 1.31 | 1.13 | 0.86 | 0.88 | 1.03 | 1.27 |
| — | -34.8% | -31.1% | -32.9% | -28.4% | -33.9% | -29.3% | -42.4% | -26.7% | +13.6% | +26.1% | +36.1% | +36.4% | +41.5% | +26.6% | +27.6% | -11.4% | -28.1% | -27.1% | -16.2% | +32.0% | |
| P/B Ratio | 7.96 | 6.11 | 7.34 | 6.13 | 6.83 | 8.27 | 9.58 | 9.21 | 9.94 | 12.99 | 13.96 | 16.27 | 15.12 | 15.15 | 15.48 | 17.06 | 15.30 | 16.14 | 19.48 | 27.38 | 39.96 |
| — | -26.1% | -23.4% | -33.4% | -31.3% | -36.4% | -31.3% | -43.4% | -34.3% | -14.2% | -9.9% | -4.6% | -1.2% | -6.1% | -20.5% | -37.7% | -61.7% | -46.8% | -17.4% | +35.1% | +171.0% | |
| P/FCF | 16.97 | 10.83 | 27.02 | 15.77 | 11.23 | 17.58 | 44.31 | 20.55 | 18.46 | 24.74 | 63.77 | 21.19 | 15.35 | 16.12 | 33.10 | 20.05 | 29.03 | 17.87 | 15.05 | 18.01 | 61.78 |
| — | -38.4% | -39.0% | -23.2% | -39.2% | -28.9% | -30.5% | -3.0% | +20.3% | +53.5% | +92.6% | +5.7% | -47.1% | -9.8% | +119.9% | +11.3% | -53.0% | -25.6% | — | -1.6% | +612.7% | |
| EV / EBITDA | 13.21 | 11.15 | 11.67 | 11.75 | 11.64 | 12.89 | 14.66 | 15.42 | 15.10 | 16.24 | 17.65 | 25.16 | 17.95 | 15.08 | 16.38 | 19.35 | 14.60 | 12.82 | 13.89 | 17.06 | 22.59 |
| — | -13.5% | -20.4% | -23.8% | -22.9% | -20.6% | -17.0% | -38.7% | -15.8% | +7.6% | +7.8% | +30.0% | +22.9% | +17.7% | +17.9% | +13.4% | -35.4% | -24.8% | -19.3% | -7.6% | +65.8% | |
| EV / EBIT | 15.56 | 11.15 | 13.86 | 20.14 | 13.74 | 14.98 | 17.15 | 18.64 | 17.70 | 18.55 | 20.53 | 30.33 | 20.80 | 17.21 | 19.03 | 23.28 | 17.20 | 15.05 | 16.18 | 20.24 | 26.68 |
| — | -25.6% | -19.2% | +8.1% | -22.4% | -19.3% | -16.5% | -38.6% | -14.9% | +7.8% | +7.9% | +30.3% | +20.9% | +14.4% | +17.6% | +15.1% | -35.5% | -21.4% | -8.2% | -3.6% | +59.1% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.7% | 20.5% | 20.1% | 21.0% | 22.8% | 21.9% | 20.8% | 21.6% | 22.3% | 21.8% | 21.8% | 21.8% | 23.0% | 21.8% | 21.0% | 21.3% | 21.7% | 19.8% | 19.0% | 18.6% | 17.6% |
| — | -6.3% | -3.3% | -2.9% | +2.2% | +0.5% | -4.8% | -1.1% | -3.1% | -0.2% | +3.9% | +2.2% | +5.9% | +9.9% | +10.5% | +15.0% | +23.3% | +14.9% | +10.8% | +12.9% | -0.9% | |
| Operating Margin | 7.4% | 7.2% | 6.5% | 6.6% | 7.8% | 7.7% | 7.0% | 7.0% | 7.9% | 8.7% | 8.0% | 6.7% | 8.7% | 8.5% | 7.3% | 7.0% | 8.2% | 7.5% | 7.1% | 6.5% | 6.1% |
| — | -6.2% | -7.2% | -4.5% | -0.8% | -11.5% | -12.0% | +3.3% | -9.1% | +2.7% | +9.0% | -3.3% | +5.6% | +13.3% | +3.4% | +7.1% | +34.0% | +2.9% | -1.5% | -2.7% | -8.6% | |
| Net Margin | 4.8% | 4.6% | 4.2% | 4.1% | 5.1% | 5.1% | 4.5% | 4.3% | 5.1% | 5.7% | 5.2% | 4.4% | 5.9% | 5.6% | 4.7% | 4.5% | 5.3% | 4.8% | 4.5% | 4.2% | 3.9% |
| — | -9.6% | -8.0% | -4.2% | -0.4% | -11.6% | -12.5% | -2.5% | -13.7% | +2.3% | +11.0% | -1.6% | +11.7% | +17.0% | +2.7% | +7.2% | +35.8% | -4.8% | -14.7% | -12.5% | -19.1% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 43.0% | 12.2% | 11.0% | 9.1% | 10.9% | 11.6% | 11.3% | 9.6% | 11.2% | 14.0% | 13.0% | 10.3% | 15.4% | 18.4% | 16.5% | 14.5% | 19.6% | 24.5% | 27.9% | 31.3% | 27.9% |
| — | +5.0% | -3.0% | -5.2% | -3.3% | -16.9% | -13.1% | -6.9% | -26.9% | -24.1% | -21.0% | -28.7% | -21.6% | -24.7% | -40.9% | -53.6% | -29.7% | -13.4% | +13.1% | +66.0% | +48.5% | |
| ROA | 6.9% | 1.7% | 1.6% | 1.4% | 1.8% | 1.9% | 1.8% | 1.5% | 1.8% | 2.3% | 2.1% | 1.6% | 2.3% | 2.4% | 2.0% | 1.8% | 2.2% | 2.2% | 2.1% | 1.9% | 1.9% |
| — | -12.0% | -9.1% | -4.3% | -1.6% | -15.4% | -14.5% | -7.2% | -19.7% | -7.4% | +2.7% | -8.1% | +4.9% | +11.1% | -0.8% | -5.1% | +11.4% | -25.9% | -32.3% | -25.9% | -24.5% | |
| ROIC | 15.4% | 4.5% | 4.0% | 3.4% | 3.9% | 4.2% | 4.0% | 3.5% | 4.0% | 4.9% | 4.5% | 3.4% | 4.5% | 4.7% | 3.9% | 3.5% | 4.4% | 4.5% | 4.2% | 3.7% | 3.9% |
| — | +7.2% | -1.6% | -0.5% | -1.4% | -14.0% | -10.2% | +1.1% | -11.7% | +2.8% | +14.6% | -2.8% | +1.4% | +4.0% | -7.3% | -6.1% | +12.5% | -21.1% | -26.3% | -29.5% | -27.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.43 | 2.76 | 2.44 | 2.41 | 2.43 | 2.40 | 2.34 | 2.58 | 2.55 | 2.63 | 2.66 | 2.71 | 2.84 | 3.24 | 4.06 | 4.14 | 3.80 | 5.11 | 6.45 | 8.07 | 10.42 |
| — | +15.0% | +4.4% | -6.8% | -4.6% | -9.0% | -12.2% | -4.9% | -10.4% | -18.8% | -34.5% | -34.4% | -25.2% | -36.5% | -37.0% | -48.7% | -63.5% | -5.2% | +53.0% | +115.1% | +196.0% | |
| Debt / EBITDA | 3.24 | 14.84 | 11.84 | 13.60 | 12.54 | 11.79 | 11.69 | 13.74 | 12.53 | 11.24 | 11.52 | 14.67 | 11.55 | 10.78 | 13.71 | 15.24 | 11.75 | 12.50 | 14.08 | 15.73 | 18.83 |
| — | +25.9% | +1.3% | -1.0% | +0.1% | +4.9% | +1.5% | -6.4% | +8.5% | +4.2% | -15.9% | -3.7% | -1.7% | -13.7% | -2.7% | -3.1% | -37.6% | +20.4% | +32.7% | +32.0% | +68.6% | |
| Current Ratio | 1.18 | 1.26 | 1.17 | 1.16 | 1.18 | 1.39 | 1.35 | 1.32 | 1.35 | 1.40 | 1.13 | 1.26 | 1.23 | 1.35 | 1.30 | 1.31 | 1.33 | 1.29 | 1.30 | 1.26 | 1.27 |
| — | -9.0% | -13.6% | -12.0% | -12.7% | -0.9% | +19.0% | +5.0% | +9.3% | +3.9% | -12.6% | -4.1% | -7.1% | +5.0% | -0.1% | +4.5% | +4.4% | -6.8% | -9.6% | -14.7% | -16.8% | |
| Quick Ratio | 1.10 | 1.15 | 1.05 | 1.06 | 1.10 | 1.30 | 1.22 | 1.20 | 1.24 | 1.28 | 1.02 | 1.13 | 1.11 | 1.20 | 1.14 | 1.15 | 1.17 | 1.12 | 1.11 | 1.06 | 1.09 |
| — | -11.4% | -14.0% | -11.8% | -11.2% | +1.7% | +19.7% | +5.8% | +11.4% | +6.3% | -10.7% | -1.5% | -4.8% | +7.8% | +2.6% | +8.1% | +7.0% | -3.8% | -7.6% | -16.4% | -18.2% | |
| Interest Coverage | 7.28 | 7.43 | 7.04 | 4.77 | 7.31 | 8.08 | 7.42 | 6.32 | 7.22 | 8.86 | 8.26 | 6.39 | 8.14 | 8.31 | 7.07 | 6.14 | 7.42 | 7.37 | 7.54 | 6.90 | 7.62 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CDW stock.
CDW Corporation's current P/E is 18.0x. The average P/E over the last 4 quarters is 15.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
CDW Corporation's current operating margin is 7.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking CDW Corporation's business trajectory between earnings reports.