Reading the tape
NASDAQ: CDW
CDW Corporation
Technology · Information Technology Services
Market Cap
$17.62B
52w High
$192.30
52w Low
$112.98
P/E
16.65
Volume
389.42K
Outstanding Shares
128.99M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -18.37%Revenue (TTM): 6.79%FCF (TTM): -5.77%P/FCF: 13th pct
What changed
The stock fell 18.37% over the last year. Revenue grew 6.79% over the trailing twelve months. Operating margin moved from 7.86% to 7.38%. Free cash flow declined 5.77% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 7.38%. A decisive move in revenue — currently up 6.79% — would be the clearest signal to resolve the ambiguity.
Company profile
CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.
CEOChristine A. Leahy
SectorTechnology
IndustryInformation Technology Services
Employees15,100
IPO dateJun 27, 2013
Valuation
Forward P/E—
EV/EBITDA12.10
Enterprise value$23.6B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth6.27%
Gross margin21.73%▼0.84%vs FY2024
Operating margin7.38%▼6.11%vs FY2024
ROE40.93%▼10.66%vs FY2024
Analyst consensus
RatingBuy
Target price$162.40▲18.87%
11
Buy
7
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est $2.28 · Revenue est $5.48B
View
Dividends
$2.51/shareQuarterlyDividend Achiever · 11yrSafeCDW pays a dividend with a 1.84% dividend yield, 11 consecutive years of growth, growing at 9.98% annually, covered 3.3× by free cash flow.
Dividend Yield
1.84%
Annual Div / Share
$2.51
5yr CAGR
+9.98%
Doubles every ~7.3yr
Payout Ratio
30.81%
Safe
Dividend Growth Rate
3yr CAGR
+4.81%
5yr CAGR
+9.98%
10yr CAGR
+21.78%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$2.51+0.8%
2024$2.49+2.9%
2023$2.42+11.0%
2022$2.18+21.1%
2021$1.80+15.4%
2020$1.56+15.6%
2019$1.35+33.7%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$18/yr
$2/mo
In 5 yrs
$30/yr+61%
$2/mo
In 10 yrs
$48/yr+159%
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$18/yr $2/mo | $30/yr+61% $2/mo | $48/yr+159% $4/mo |
Yield-on-cost grows from 1.84% → 4.76% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
CDW has raised its dividend for 11 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 3.3× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 9.98% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.