CDW Corporation (CDW) - Company Profile - 2026-05-04

Company Overview

CDW Corporation (CDW) is a U.S.-based information technology solutions provider serving customers in the United States, United Kingdom, and Canada. The company operates through three segments: Commercial, Government, and Education. It offers a broad mix of hardware and software products, as well as integrated IT solutions that span on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. CDW supplies notebooks/mobile devices, tablets, networking and communications hardware, data storage and servers, desktops, and other hardware, along with software offerings such as cloud solutions, software assurance, security, virtualization, and productivity applications. In addition, the company provides advisory and design, software development, implementation, managed services, and warranties. Its customer base includes business, government, education, and healthcare entities. CDW traces its origins to CDW Computer Centers, Inc., and adopted its current name in 2003; the company was founded in 1984 and is headquartered in Vernon Hills, Illinois.

Business and Operations

CDW operates through three reporting segments—Commercial, Government, and Education—serving a diversified client base across the United States, the United Kingdom, and Canada. The company sells discrete hardware and software products as well as integrated IT solutions, with capabilities spanning on-premise deployments and cloud-based environments across hybrid infrastructure, digital experience, and security domains. Hardware offerings cover notebooks/mobile devices, tablets, network and communications equipment, collaboration hardware, data storage and servers, and desktop computers, among others. Software offerings include cloud solutions, software assurance, application suites, security, virtualization, collaboration and productivity tools, operating systems, and network management. CDW also provides advisory and design services, software development, implementation, and managed services, in addition to warranties. The firm targets business, government, education, and healthcare customers and maintains a longstanding presence in the IT services sector, with its corporate history dating back to 1984 and a headquarters in Vernon Hills, Illinois.

Fundamental Metrics

• Market cap: $17.55B
• Enterprise value: $23.10B
• P/E (trailing): 16.84
• P/E (forward): 12.00
• P/B: 6.75
• P/S: 0.78
• PEG: 1.33
• Profit margin: 4.76%
• Operating margin: 7.31%
• ROE: 43.02%
• ROA: 6.81%
• Debt/Equity: 236.87
• Current ratio: 1.18
• Revenue (TTM): $22.42B
• Revenue growth (YoY): 6.30%
• Earnings growth (YoY): 8.80%
• Free cash flow: $920.35M
• Dividend yield: 185.00%
• Payout ratio: 31.00%
• Beta: 1.03

Share Structure and Ownership

• Shares outstanding: 127,974,463
• Float: 128,560,170
• Insider held: 0.40%
• Institutional held: 99.40%
• Short ratio (days to cover): 3.76
• Short % of float: 5.33%

Top institutional holders:

• Vanguard Group Inc.: 13.63% of shares
• BlackRock Inc.: 10.67% of shares
• State Street Corporation: 4.52% of shares
• Harris Associates L.P.: 3.54% of shares
• Boston Partners: 2.95% of shares

Trading Activity

• Last close: $136.03 (2026-05-01)
• 1-month change: +12.05%
• 3-month change: +9.07%
• YTD change: +2.16%
• 1-year change: -18.46%
• 52-week high: $192.30
• 52-week low: $112.98
• Drawdown from 52W high: -29.26%
• 30-day avg volume: 1,527,566
• 90-day avg volume: 1,598,866

Recent Price Action

• The stock traded at $136.03 at the most recent close (2026-05-01).
• Over the past month, the price increased by about 12.1%.
• Over the past three months, the price increased by about 9.1%.
• Since the start of the year, the price is up roughly 2.2%, with a 52-week range between $112.98 and $192.30.

Strengths

• Diversified IT solutions provider with three operating segments (Commercial, Government, Education) and multi-market geographic exposure (U.S., U.K., Canada).
• Broad product and service mix spanning hardware, software, and managed/consulting services.
• Solid profitability metrics, including a relatively high return on equity (ROE) of 43.02% and an operating margin of 7.31%.
• Positive earnings growth year over year (8.80%) and revenue growth year over year (6.30%).
• Free cash flow generation of $920.35M supports liquidity and potential for capital allocation.

Considerations

• Debt level appears elevated with a Debt/Equity ratio of 236.87.
• Valuation metrics show a forward P/E of 12.00 and a trailing P/E of 16.84.
• Shares are predominantly institutionally owned (99.40%), with a relatively small insider stake (0.40%).
• The stock has experienced a 1-year price decline of approximately 18.46% and a drawdown of about 29.26% from the 52-week high.
• Dividend yield is reported at 185.00%, which is unusually high and may reflect specific payout or data reporting characteristics; further detail would clarify sustainability and Cash flow coverage.

Summary

CDW Corporation is a U.S.-based IT solutions provider serving business, government, education, and healthcare customers across the United States, United Kingdom, and Canada. It operates through Commercial, Government, and Education segments, offering hardware, software, and integrated IT services, supported by advisory, design, and managed services capabilities. The company reports a TTM revenue of about $22.42B, strong ROE (43.02%), and positive YoY growth in both revenue (6.30%) and earnings (8.80%), with a substantial institutional ownership base and mature liquidity indicators, while carrying a high Debt/Equity ratio and a recent history of lower share price performance.