Last 48 quarters of trend data · Technology · Information Technology Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
CDW Corporation's quarterly P/E stands at 16.6x, down 29.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 8.4% YoY to 14.1x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 15.89 | 16.62 | 15.91 | 18.02 | 21.78 | 23.71 | 22.09 | 24.07 | 27.03 | 40.22 | 26.07 | 21.74 | 23.77 |
| — | -29.9% | -28.0% | -25.2% | -19.4% | -41.1% | -15.3% | +10.7% | +13.7% | +38.7% | +22.0% | +20.9% | +23.1% | |
| P/S Ratio | 0.73 | 0.69 | 0.81 | 0.91 | 0.99 | 1.03 | 1.13 | 1.38 | 1.40 | 1.78 | 1.54 | 1.22 | 1.11 |
| — | -32.9% | -28.4% | -33.9% | -29.3% | -42.4% | -26.7% | +13.6% | +26.1% | +36.1% | +36.4% | +41.5% | +26.6% | |
| P/B Ratio | 6.51 | 6.13 | 6.83 | 8.27 | 9.58 | 9.21 | 9.94 | 12.99 | 13.96 | 16.27 | 15.12 | 15.15 | 15.48 |
| — | -33.4% | -31.3% | -36.4% | -31.3% | -43.4% | -34.3% | -14.2% | -9.9% | -4.6% | -1.2% | -6.1% | -20.5% | |
| P/FCF | 15.07 | 15.77 | 11.23 | 17.58 | 44.31 | 20.55 | 18.46 | 24.74 | 63.77 | 21.19 | 15.35 | 16.12 | 33.10 |
| — | -23.2% | -39.2% | -28.9% | -30.5% | -3.0% | +20.3% | +53.5% | +92.6% | +5.7% | -47.1% | -9.8% | +119.9% | |
| EV / EBITDA | 11.33 | 14.12 | 11.63 | 12.89 | 14.66 | 15.42 | 15.10 | 16.24 | 17.65 | 25.16 | 17.95 | 15.08 | 16.38 |
| — | -8.4% | -23.0% | -20.6% | -17.0% | -38.7% | -15.8% | +7.6% | +7.8% | +30.0% | +22.9% | +17.7% | +17.9% | |
| EV / EBIT | 13.36 | 14.12 | 13.74 | 14.98 | 17.15 | 18.64 | 17.70 | 18.55 | 20.53 | 30.33 | 20.80 | 17.21 | 19.03 |
| — | -24.2% | -22.4% | -19.3% | -16.5% | -38.6% | -14.9% | +7.8% | +7.9% | +30.3% | +20.9% | +14.4% | +17.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
CDW Corporation's operating margin was 6.6% in Q1 2026, down 1.2 pp QoQ and down 0.3 pp YoY.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.7% | 21.0% | 22.8% | 21.9% | 20.8% | 21.6% | 22.3% | 21.8% | 21.8% | 21.8% | 23.0% | 21.8% | 21.0% |
| — | -2.9% | +2.2% | +0.5% | -4.8% | -1.1% | -3.1% | -0.2% | +3.9% | +2.2% | +5.9% | +9.9% | +10.5% | |
| Operating Margin | 7.4% | 6.6% | 7.8% | 7.7% | 7.0% | 7.0% | 7.9% | 8.7% | 8.0% | 6.7% | 8.7% | 8.5% | 7.3% |
| — | -4.8% | -0.8% | -11.5% | -12.0% | +3.3% | -9.1% | +2.7% | +9.0% | -3.3% | +5.6% | +13.3% | +3.4% | |
| Net Margin | 4.8% | 4.1% | 5.1% | 5.1% | 4.5% | 4.3% | 5.1% | 5.7% | 5.2% | 4.4% | 5.9% | 5.6% | 4.7% |
| — | -4.2% | -0.4% | -11.6% | -12.5% | -2.5% | -13.7% | +2.3% | +11.0% | -1.6% | +11.7% | +17.0% | +2.7% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 43.0% | 9.1% | 10.9% | 11.6% | 11.3% | 9.6% | 11.2% | 14.0% | 13.0% | 10.3% | 15.4% | 18.4% | 16.5% |
| — | -5.2% | -3.3% | -16.9% | -13.1% | -6.9% | -26.9% | -24.1% | -21.0% | -28.7% | -21.6% | -24.7% | -40.9% | |
| ROA | 6.9% | 1.4% | 1.8% | 1.9% | 1.8% | 1.5% | 1.8% | 2.3% | 2.1% | 1.6% | 2.3% | 2.4% | 2.0% |
| — | -4.3% | -1.6% | -15.4% | -14.5% | -7.2% | -19.7% | -7.4% | +2.7% | -8.1% | +4.9% | +11.1% | -0.8% | |
| ROIC | 15.4% | 3.4% | 3.9% | 4.2% | 4.0% | 3.5% | 4.0% | 4.9% | 4.5% | 3.4% | 4.5% | 4.7% | 3.9% |
| — | -0.7% | -1.4% | -14.0% | -10.2% | +1.1% | -11.7% | +2.8% | +14.6% | -2.8% | +1.4% | +4.0% | -7.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
CDW Corporation's Debt/EBITDA ratio is 16.3x, up from 12.5x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 12.0% YoY to 1.16x, tightening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.43 | 2.41 | 2.43 | 2.40 | 2.34 | 2.58 | 2.55 | 2.63 | 2.66 | 2.71 | 2.84 | 3.24 | 4.06 |
| — | -6.8% | -4.6% | -9.0% | -12.2% | -4.9% | -10.4% | -18.8% | -34.5% | -34.4% | -25.2% | -36.5% | -37.0% | |
| Debt / EBITDA | 3.24 | 16.35 | 12.53 | 11.79 | 11.69 | 13.74 | 12.53 | 11.24 | 11.52 | 14.67 | 11.55 | 10.78 | 13.71 |
| — | +19.0% | -0.0% | +4.9% | +1.5% | -6.4% | +8.5% | +4.2% | -15.9% | -3.7% | -1.7% | -13.7% | -2.7% | |
| Current Ratio | 1.18 | 1.16 | 1.18 | 1.39 | 1.35 | 1.32 | 1.35 | 1.40 | 1.13 | 1.26 | 1.23 | 1.35 | 1.30 |
| — | -12.0% | -12.7% | -0.9% | +19.0% | +5.0% | +9.3% | +3.9% | -12.6% | -4.1% | -7.1% | +5.0% | -0.1% | |
| Quick Ratio | 1.10 | 1.06 | 1.10 | 1.30 | 1.22 | 1.20 | 1.24 | 1.28 | 1.02 | 1.13 | 1.11 | 1.20 | 1.14 |
| — | -11.8% | -11.2% | +1.7% | +19.7% | +5.8% | +11.4% | +6.3% | -10.7% | -1.5% | -4.8% | +7.8% | +2.6% | |
| Interest Coverage | 7.28 | 6.80 | 7.31 | 8.08 | 7.42 | 6.32 | 7.22 | 8.86 | 8.26 | 6.39 | 8.14 | 8.31 | 7.07 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying CDW stock.
CDW Corporation's current P/E is 15.9x. The average P/E over the last 4 quarters is 18.1x. 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.