CDW - NASDAQ

CDW Corporation

CDW·NASDAQ

$137.30

-1.7%

TechnologyInformation Technology Services

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise, hybrid, and cloud capabilities across data center and networking, digital workspace, and security. Its hardware products comprise notebooks/mobile devices, network communications, desktop computers, video monitors, enterprise and data storage, and others; and software products consists of application suites, security, virtualization, operating systems, and network management. The company also provides advisory and design, software development, implementation, managed, professional, configuration, and telecom services, as well as warranties; mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. The company was founded in 1984 and is headquartered in Vernon Hills, Illinois.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$17.54B

EPS8.1300

P/E Ratio16.77

Earnings Date08/05/2026

16.03B

Assets

3Y+22.0%

5Y+72.0%

10Y+131.0%

13.42B

Total Liabilities

3Y+16.0%

5Y+67.0%

10Y+127.0%

2.61B

Total Equity

11%

3Y+63.0%

5Y+101.0%

10Y+149.0%

CDW Corporation Funding & Solvency Profile

CDW · NASDAQ

Current Assets

Cash & Cash Equivalents618.70M

Net Receivables6.87B

Inventory563.40M

Other Current Assets452.00M

Total Current Assets9 B

Non-Current Assets

Property, Plant & Equipment308.20M

Goodwill & Intangible Assets5.85B

Long-Term Investments1.30B

Other Non-Current Assets73.30M

Total Non-Current Assets2 B

Total Assets

16.03B

Financial Health Analysis

Current Ratio

1.18x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

5.15x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

1 B

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

53% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

CDW Corporation Balance Sheet

CDW • NASDAQ

CDW Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2006	Dec 2005	Dec 2004
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	618.7M	503.5M	588.7M	315.2M	258.1M	1.4B	154M	205.8M	144.2M	263.7M	37.6M	344.5M	188.1M	37.9M	99.9M	36.6M	88M	148.1M	201.3M	148.8M
Short-Term Investments	0.0	214.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	203.5M	370.5M	329.4M
Cash & Short-Term Investments	618.7M	717.7M	588.7M	315.2M	258.1M	1.4B	154M	205.8M	144.2M	263.7M	37.6M	344.5M	188.1M	37.9M	99.9M	36.6M	88M	351.6M	571.8M	478.2M
Net Receivables	6.9B	5.6B	5B	5B	4.9B	3.6B	3.4B	3B	2.7B	2.4B	2.2B	1.7B	1.6B	1.4B	1.4B	1.3B	1.1B	905.9M	665.1M	604.4M
Accounts Receivables	6.3B	5.1B	4.6B	4.5B	4.5B	3.2B	3B	2.7B	2.3B	2.2B	2B	1.6B	1.5B	1.3B	1.3B	1.1B	1B	850M	637.2M	580M
Other Receivables	554M	509.9M	470.5M	489.1M	435.5M	379.5M	395.1M	316.4M	343M	234.9M	198.4M	155.6M	146.3M	148.5M	143.6M	192.8M	127.8M	55.9M	27.8M	24.4M
Inventory	563.4M	605.3M	668.1M	800.2M	927.6M	760M	611.2M	454.3M	411.5M	452M	393.1M	337.5M	382M	314.6M	321.7M	292.8M	257.8M	261.9M	243.6M	213.2M
Prepaids	0.0	0.0	0.0	498.2M	357.5M	191.2M	171.6M	149.1M	168.3M	118.9M	144.3M	54.7M	46.1M	34.6M	34.7M	35.8M	37.5M	15.1M	8.3M	6.9M
Other Current Assets	452M	404.4M	410.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	14.1M	24.6M	52.8M	40M	15.1M	12.6M	13.7M
Total Current Assets	8.5B	7.4B	6.7B	6.6B	6.5B	6B	4.3B	3.8B	3.4B	3.2B	2.8B	2.5B	2.2B	1.8B	1.9B	1.7B	1.6B	1.5B	1.5B	1.3B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	308.2M	312.2M	324.3M	338M	351.4M	306.3M	494.9M	156.1M	161.1M	163.7M	175.4M	137.2M	131.1M	142.7M	154.3M	158.1M	165.8M	171.4M	97.3M	68.6M
Goodwill	4.7B	4.6B	4.4B	4.3B	4.4B	2.6B	2.6B	2.5B	2.5B	2.5B	2.5B	2.2B	2.2B	2.2B	2.2B	2.2B	2.2B	119.5M	0.0	0.0
Intangible Assets	1.2B	1.4B	1.4B	1.5B	1.6B	445.1M	594.1M	712.2M	897M	1.1B	1.3B	1.2B	1.3B	1.5B	1.6B	1.8B	2B	63.6M	4.8M	0.0
Goodwill & Intangible Assets	5.8B	6B	5.8B	5.8B	6B	3B	3.1B	3.2B	3.4B	3.5B	3.8B	3.4B	3.5B	3.7B	3.8B	4B	4.2B	183.1M	4.8M	0.0
Long-Term Investments	1.3B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	86.7M	0.0	0.0	0.0	0.0	0.0	0.0	39.2M	125.4M
Other Non-Current Assets	73.3M	1B	472.2M	396.1M	358.9M	43.9M	23.3M	39.8M	32.7M	36M	12.3M	12.2M	31.7M	54.8M	71.5M	83.1M	93.6M	47.3M	6.6M	10.5M
Total Non-Current Assets	7.5B	7.3B	6.6B	6.6B	6.7B	3.4B	3.7B	3.4B	3.6B	3.7B	4B	3.6B	3.7B	3.9B	4.1B	4.2B	4.4B	401.9M	147.8M	204.5M
Total Assets	16B	14.7B	13.3B	13.1B	13.2B	9.3B	8B	7.2B	7B	6.9B	6.8B	6.1B	5.9B	5.7B	6B	5.9B	6B	2B	1.6B	1.5B
LIABILITIES
CURRENT LIABILITIES
Total Payables	4.3B	3.8B	3.4B	3.4B	3.3B	2.2B	2B	2.1B	1.9B	1.7B	1.3B	1.1B	954.9M	790.6M	819.6M	592.7M	312.2M	354.3M	245.2M	167.9M
Accounts Payable	4.2B	3.4B	2.9B	2.8B	3.1B	2.1B	1.8B	1.6B	1.3B	1.1B	866.5M	704M	662.8M	518.6M	517.8M	537.1M	292.3M	354.3M	245.2M	167.9M
Other Payables	82.9M	416.8M	483.3M	592.5M	204.1M	158.7M	139.4M	484.8M	558M	621M	477.7M	361.2M	292.1M	272M	301.8M	55.6M	19.9M	0.0	0.0	0.0
Accrued Expenses	318.8M	137.7M	119.9M	130.5M	145.5M	153.4M	147.9M	119.2M	89.2M	80.9M	77.4M	62.1M	65M	84.6M	93.7M	270.2M	202.1M	175.1M	122.6M	103M
Short Term Debt	1.4B	235.8M	613.1M	56.3M	412.8M	541M	413.2M	25.3M	25.5M	18.5M	27.2M	15.4M	45.4M	40M	201M	132.6M	22.6M	0.0	0.0	0.0
Tax Payables	0.0	61.6M	52.4M	73.5M	65.9M	104.2M	88.6M	55.5M	58.9M	38M	38.1M	29.3M	35.5M	22.6M	23.1M	27.4M	19.9M	0.0	7.4M	0.0
Deferred Revenue	534M	491M	487.4M	485.5M	402.9M	243.7M	252.2M	178.3M	158.8M	172.6M	151.9M	81.3M	94.8M	57.8M	45.9M	28.6M	28.9M	0.0	0.0	0.0
Other Current Liabilities	677.3M	811.8M	857.3M	861M	816.5M	713.1M	703.7M	418.4M	372.9M	314.8M	286.6M	244M	242.5M	195.2M	199.2M	2.8M	68.7M	0.0	0.0	0.0
Total Current Liabilities	7.2B	5.5B	5.4B	4.9B	5.1B	3.9B	3.5B	2.8B	2.5B	2.3B	1.9B	1.5B	1.4B	1.2B	1.4B	1B	634.5M	529.4M	367.8M	270.9M
NON-CURRENT LIABILITIES
Long Term Debt	4.8B	5.6B	5B	5.9B	6.8B	3.9B	3.3B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.7B	3.9B	4.2B	4.6B	0.0	0.0	0.0
Deferred Revenue (Non-Current)	31M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	171.8M	167.4M	171.4M	203.4M	222.3M	55.3M	62.4M	141.9M	196.3M	369.2M	469.6M	475M	563.5M	624.3M	692M	730.3M	694.7M	10.8M	0.0	0.0
Other Non-Current Liabilities	1.1B	927.8M	432.9M	336.1M	235.4M	68.7M	71M	64.2M	52.7M	37.1M	70M	45.8M	41M	60M	58.6M	72.7M	92.2M	24.1M	16.7M	8.7M
Total Non-Current Liabilities	6.2B	6.9B	5.8B	6.6B	7.4B	4.1B	3.5B	3.4B	3.5B	3.6B	3.8B	3.7B	3.8B	4.4B	4.6B	5B	5.4B	34.9M	16.7M	8.7M
Capital Lease Obligations	157.8M	149.1M	164M	175.2M	184.2M	169M	131.1M	0.0	0.0	2M	3.2M	100K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	13.4B	12.3B	11.2B	11.5B	12.5B	8B	7B	6.2B	6B	5.9B	5.7B	5.1B	5.2B	5.6B	6B	6B	6B	564.3M	384.5M	279.5M
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-876.9M	-649.2M	-390.9M
Common Stock	1.3M	1.3M	1.3M	1.4M	1.3M	1.4M	1.4M	1.5M	1.5M	1.6M	1.7M	1.7M	1.7M	1.4M	1.4M	0.0	0.0	963K	934K	922K
Additional Paid-In Capital	4B	3.8B	3.7B	3.5B	3.4B	3.2B	3.1B	3B	2.9B	2.9B	2.8B	2.7B	2.7B	2.2B	2.2B	2.2B	2.2B	632M	507.8M	463M
Retained Earnings	-1.3B	-1.3B	-1.5B	-1.8B	-2.6B	-1.8B	-2B	-1.9B	-1.8B	-1.7B	-1.7B	-1.8B	-2B	-2.1B	-2.2B	-2.2B	-2.2B	1.6B	1.4B	1.2B
Accumulated Other Comprehensive Income/Loss	-99.8M	-160.1M	-124.6M	-152.4M	-94.4M	-95.8M	-117.8M	-130.6M	-95.9M	-139.6M	-61.1M	-16.6M	-6.3M	400K	-2.1M	-2.2M	-21.3M	494K	163K	203K
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-400K	-17K
Total Stockholders' Equity	2.6B	2.4B	2B	1.6B	705.7M	1.3B	960.3M	975.2M	985.6M	1B	1.1B	936.5M	711.7M	136.5M	-7.3M	-43.5M	-44.7M	1.4B	1.3B	1.2B
Total Equity	2.6B	2.4B	2B	1.6B	705.7M	1.3B	960.3M	975.2M	985.6M	1B	1.1B	936.5M	711.7M	136.5M	-7.3M	-43.5M	-44.7M	1.4B	1.3B	1.2B
SUMMARY
Total Liabilities & Equity	16B	14.7B	13.3B	13.1B	13.2B	9.3B	8B	7.2B	7B	6.9B	6.8B	6.1B	5.9B	5.7B	6B	5.9B	6B	2B	1.6B	1.5B
Total Investments	1.3B	214.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	86.7M	0.0	0.0	0.0	0.0	0.0	203.5M	409.7M	454.8M
Total Debt	6.3B	6B	5.8B	6.1B	7.4B	4.6B	3.8B	3.2B	3.2B	3.2B	3.3B	3.2B	3.3B	3.8B	4.1B	4.3B	4.6B	0.0	0.0	0.0
Net Debt	5.7B	5.5B	5.2B	5.8B	7.1B	3.2B	3.7B	3B	3.1B	3B	3.2B	2.8B	3.1B	3.7B	4B	4.3B	4.5B	-148.1M	-201.3M	-148.8M
Shares Outstanding	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660	130,193,660

SEC Filings

CDW - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 26, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 13, 2026	May 13, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 06, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 01, 2026	May 01, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 10, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 27, 2026	March 24, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 20, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 04, 2026	February 04, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 23, 2025	December 17, 2025	2025	View Filing

Showing 1 to 10 of 283 filings

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