CDW Corporation
NASDAQ:CDW · NASDAQ Global Select
+$1.67 today
Vol 3.34M · Avg 1.99M
Cash Flow
Check whether earnings turn into cash
Use operating cash flow, capital spending, free cash flow, and financing activity to see how much value is left for reinvestment or owners.
Free Cash Flow
Net Income to FCF bridge
Analysis
Analysis will appear once cash flow data is available for this period.
Cash Flow Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $1.1B -1.0% | $1.1B -2.4% | $1.1B -0.9% | $1.1B +12.7% | $988.6M | $487.6M | $476.4M | $465.2M |
| Depreciation & Amortization | $296.0M +7.5% | $275.3M +1.7% | $270.7M -6.8% | $290.6M +52.0% | $191.2M | $374.2M | $1.2B | $631.8M |
| Deferred Income Tax | $1.3M +109.2% | -$14.1M +56.9% | -$32.7M -79.7% | -$18.2M -171.6% | -$6.7M | $1.4B | -$1.5B | $304.2M |
| Stock-Based Compensation | $0 -100.0% | $64.7M -30.9% | $93.7M +2.9% | $91.1M +25.5% | $72.6M | $489.0M | $354.6M | -$1.6B |
| Change in Working Capital | -$286.3M -76.0% | -$162.7M -237.0% | $118.8M +171.3% | -$166.6M +61.4% | -$431.6M | $350.4M | -$1.6B | $1.5B |
| Accounts Receivables | -$1.2B -108.5% | -$559.4M -926.4% | -$54.5M -56.6% | -$34.8M +94.4% | -$616.8M | $592.6M | $1.3B | $626.2M |
| Inventory | $48.2M -21.1% | $61.1M -56.0% | $139.0M +24.2% | $111.9M +174.1% | -$151.0M | $1.0B | $1.2B | $1.1B |
| Accounts Payables | $815.4M +83.7% | $443.8M +901.1% | -$55.4M +78.7% | -$260.0M -169.4% | $374.5M | $948.2M | -$1.5B | $433.0M |
| Other Working Capital | $16.6M +115.3% | -$108.2M -220.6% | $89.7M +450.3% | $16.3M +142.6% | -$38.3M | $567.4M | $1.3B | $601.0M |
| Other Non-Cash Items | $127.6M +251.5% | $36.3M -17.3% | $43.9M +79.2% | $24.5M +183.1% | -$29.5M | $1.4B | -$1.5B | $300.0M |
| Operating Cash Flow | $1.2B -5.6% | $1.3B -20.1% | $1.6B +19.7% | $1.3B +70.3% | $784.6M | $7.2B | $8.9B | $10.5B |
| Capital Expenditures | -$117.1M +4.5% | -$122.6M +17.3% | -$148.2M -16.0% | -$127.8M -27.8% | -$100.0M | $664.0M | $1.4B | $697.6M |
| Acquisitions (Net) | -$21.5M +93.4% | -$323.9M -324.0% | -$76.4M -108.2% | -$36.7M +98.6% | -$2.7B | $937.0M | $1.1B | $1.3B |
| Purchases of Investments | $0 +100.0% | -$211.1M | $0 | $0 | $0 | $444.2M | $1.4B | $1.3B |
| Sales of Investments | $211.1M | $0 | $0 | $0 | $0 | $822.2M | $318.2M | -$1.5B |
| Other Investing Activities | -$2.3M -43.8% | -$1.6M +68.0% | -$5.0M | $0 | $0 | $616.4M | $370.0M | $1.2B |
| Investing Cash Flow | $70.2M +110.6% | -$659.2M -187.1% | -$229.6M -39.6% | -$164.5M +94.1% | -$2.8B | $4.8B | $6.4B | $5.1B |
| Debt Repayment | -$214.7M -191.2% | $235.4M +204.9% | -$224.4M +74.1% | -$865.3M -131.4% | $2.8B | $680.8M | $759.2M | $1.1B |
| Common Stock Issued | $29.5M | $0 | $0 -100.0% | $30.2M | $0 | $778.8M | $946.8M | $812.4M |
| Common Stock Repurchased | -$653.0M -30.6% | -$500.0M +0.0% | -$500.0M | $0 +100.0% | -$1.5B | $351.8M | -$1.6B | $1.5B |
| Dividends Paid | -$328.6M +1.1% | -$332.1M -3.3% | -$321.5M -13.8% | -$282.6M -20.4% | -$234.8M | $535.2M | $613.6M | $692.0M |
| Other Financing Activities | -$17.7M +80.4% | -$90.2M -70.8% | -$52.8M -438.5% | $15.6M +108.3% | -$188.3M | -$1.6B | $1.3B | $1.1B |
| Financing Cash Flow | -$1.2B -72.4% | -$686.9M +37.5% | -$1.1B +0.3% | -$1.1B -232.3% | $832.8M | $12.2B | $13.9B | -$15.5B |
| Effect of Forex Changes | $24.3M +299.2% | -$12.2M -493.5% | $3.1M +125.4% | -$12.2M -12300.0% | $100.0K | $1.3B | $1.1B | $990.2M |
| Net Change in Cash | $115.2M +242.2% | -$81.0M -129.6% | $273.5M +379.0% | $57.1M +105.0% | -$1.2B | $3.2B | $4.9B | $6.5B |
| Free Cash Flow | $1.1B -5.8% | $1.2B -20.4% | $1.5B +20.1% | $1.2B +76.5% | $684.6M | $8.6B | -$16.8B | $11.1B |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
United Microelectronics Corporation
NYSE:UMC
$60.05B
ON Semiconductor Corporation
NASDAQ:ON
$47.66B
Wipro Limited
NYSE:WIT
$25.07B
Corpay, Inc.
NYSE:CPAY
$22.56B
SS&C Technologies Holdings, Inc.
NASDAQ:SSNC
$15.75B
Leidos Holdings, Inc.
NYSE:LDOS
$13.47B
CGI Inc.
NYSE:GIB
$13.31B
Check Point Software Technologies Ltd.
NASDAQ:CHKP
$12.75B
GoDaddy Inc.
NYSE:GDDY
$10.21B
Gartner, Inc.
NYSE:IT
$8.53B
SEC Filings
Recent regulatory filings
No filings found.
Does CDW generate free cash flow?
CDW Corporation (CDW) generated $1.09B of free cash flow in fiscal 2025.
How much operating cash flow does CDW produce?
Operating cash flow was $1.21B, before capital expenditures of $117.10M.
Explore More
Continue the stock analysis
Jump to another research area for this company.