CDW Corp. engages in the provision of information technology solutions to small, medium and large business, government, education and healthcare customers in the United States, the United Kingdom and Canada. It operates through the following segments: Corporate, Small Business, and Public. The Corporate segment serves the private sector business customers. The Small Business segment also caters to the private sector businesses but with a smaller number of employees. The Public segment involves government agencies, education, and healthcare institutions. The company was founded in 1984 by Michael P. Krasny and is headquartered in Lincolnshire, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CDW reports record profitability in Q4, eyes growth in high-demand solutions

CDW's Q4 performance showcased record profitability driven by solutions and services, with a strategic shift towards high-growth offerings for 2023.
While facing challenges such as weak client device demand and seasonality, the company's strong focus on solutions and services presents growth opportunities.
With robust demand across all segments and a disciplined approach to cost management, CDW aims to maximize shareholder return and capture market share.
The company's 2023 outlook includes expectations of modest revenue growth, a shift towards cloud and security, and a focus on strategic capital allocation priorities.

CDW reports Q1 2023 earnings decline but eyes sector resilience

CDW's Q1 performance saw declines in net sales and operating income, with challenges in maintenance contracts and hardware delays. However, strengths in healthcare and government sectors, strategic investments, and AI engagement position CDW well for growth. Opportunities in client device refresh cycles and sector optimism offer potential for recovery and outperformance.

CDW reports Q2 results, anticipates outperforming U.S. IT market

CDW navigated challenges in the commercial market while capitalizing on growth opportunities in the public sector and cloud services. Strategic investments in cloud capabilities have driven profitability, with a focus on outperforming the U.S. IT market. The company remains cautious but optimistic about future prospects.

CDW reports mixed Q3 results, eyes growth through advanced solutions

CDW's Q3 performance reflects a mixed picture with revenue decline but strong profitability driven by strategic investments in cloud and SaaS solutions.
While facing challenges in commercial markets and potential federal spending uncertainties, the company aims to outperform the market and drive growth through advanced solutions.
Balancing cost management, investments, and customer assistance in decision-making present opportunities for CDW to navigate uncertainties and drive future outperformance.
With a focus on enhancing operating margins, capturing market share, and aligning capital allocation with shareholder value, CDW aims to navigate market challenges and drive growth.

CDW reports mixed 2023 performance, eyes AI solutions market

CDW's performance in 2023 reflected a mix of challenges and strengths, with a focus on software and cloud-based solutions driving growth amid declining hardware sales. Strategic investments and strong execution positioned the company well for future opportunities in the evolving AI solutions market and digital transformation space.
While facing challenges in market dynamics and optimizing costs, CDW's commitment to enhancing shareholder value through capital allocation priorities and outpacing market growth by 200 to 300 basis points in 2024 showcases a proactive growth strategy. The anticipation of a recovery in client devices and a pricing environment remaining firm present opportunities for sequential improvement and sustained growth.
Navigating uncertainties in the economy and market conditions, CDW aims to balance growth opportunities with cost optimization, leveraging its customer-centric approach and focus on as-a-service solutions. The company's strong performance in advisory and consulting services related to AI, coupled with a focus on full stack, full life cycle solutions, positions CDW for continued success and resilience in the evolving IT landscape.

CDW reports Q1 earnings decline, eyes AI opportunities for growth

CDW's Q1 2024 performance faced challenges from market conditions but highlighted strengths in AI services and growth opportunities in client devices. The company aims for modest profit growth in 2024, focusing on addressing customer priorities and capitalizing on AI spending.

CDW reports stable Q2 performance amidst market challenges

CDW's Q2 performance saw stable gross profit and a sequential increase in net sales
The company faces challenges from market dynamics and end market-specific issues
However, CDW's strategic focus on growth and value creation positions it well for the future

CDW reports Q3 decline, eyes growth amid market challenges

CDW faced challenging market conditions in Q3 2024, leading to declines in gross profit, net sales, and operating income. Despite this, the company remains confident in its ability to return to growth.
Strategic actions, such as improving seller effectiveness and growing cloud capabilities, along with capital allocation priorities, demonstrate CDW's commitment to long-term value creation.
While challenges persist, opportunities in demand drivers and strategic initiatives provide a path for CDW to navigate through uncertainties and drive future performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CDW Corp. engages in the provision of information technology solutions to small, medium, and large business, government, education, and healthcare customers. It operates through the following segments: Corporate, Small Business, Public, and Other. The Public segment includes government agencies and education and healthcare institutions. The Other segment focuses on CDW UK and Canada. The company was founded in 1984 by Michael P. Krasny and is headquartered in Vernon Hills, IL.

CDW (CDW) delivered earnings and revenue surprises of 12.99% and 4.90%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

CDW (CDW) Beats Q1 Earnings and Revenue Estimates

Shares of CDW (NASDAQ:CDW) rose 0.7% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 26.09% year over year to $1.74, which beat the estimate of $1.53.

CDW: Q1 Earnings Insights

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that Collin B. Kebo, chief financial officer, CDW, plans to retire to devote more time to his family and other interests upon completion of a comprehensive search and successful transition process for his successor. Mr. Kebo will remai

CDW Announces CFO Transition Plan

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW): (Dollars in millions, except per share amounts) Three Months Ended March 31, 2021 Three Months Ended March 31, 2020 % Chg. Net Sales $ 4,837.5   $ 4,389.2   10.2   Average Daily Sales1 76.8   68.6   12.0   Gross Profit 795.2   756.5   5.1   Operating Income 323.4   245.8   31.6   Net Income 232.6   167.9   38.6   Non-GAAP Operating Income2 367.7   303.9   21.0   Net Income per Diluted Share $ 1.63   $ 1.16   40.3   Non-GAAP Net

CDW Reports First Quarter 2021 Earnings

CDW Corp's (CDW) Q1 earnings are likely to have benefited from strength in the education sector. However, weakness in the healthcare sector is likely to have been a headwind.

CDW Corp (CDW) to Report Q1 Earnings: What's in the Cards?

CDW is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for CDW This Earnings Season?

Ecopetrol

Fair Isaac

Twenty-First Century Fox

Sun Life Financial

Waters

Six corporate bigwigs with a favorable Zacks Rank are set to beat the earnings estimates this week. These are: EC, CDW, FOXA, SLF, FICO and WAT.

Top 6 Corporate Bigwigs Poised to Beat on Earnings This Week

Celanese

Lam Research

Polaris

Virtu Financial

CDW Corporation (CDW), Celanese (CE), Virtu Financial (VIRT), Polaris (PII) and Lam Research (LRCX) are some of the top ROE stocks to profit as markets mix caution with optimism for growth.

5 ROE Stocks to Buy as Markets Mix Caution With Optimism

Does CDW (CDW) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why CDW (CDW) is a Great Momentum Stock to Buy

CDW (CDW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for CDW (CDW)

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that it will host a webcast conference call to discuss its first quarter 2021 results on Wednesday, May 5, 2021, at 7:30 a.m. CT/8:30 a.m. ET. A live webcast (audio with slides) of the conference call will be accessible at investor.CDW

CDW to Announce First Quarter 2021 Results on May 5

CDW is likely to sustain the upward trend as it is benefiting from ongoing digital transformation and higher demand for products that enable remote working and operations continuity plan amid pandemic.

Here's Why CDW Stock's Rally is Likely to Continue Further

D.R. Horton

Rockwell Automation

ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.

Top 5 ROE Picks as Markets Brace for Mega Infrastructure Plan

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education, and healthcare customers, today announced the appointment of Sanjay Mehrotra to its board of directors, effective March 24, 2021. The company also celebrated the contributions of retiring board members Steven Alesio, Barry Allen and Benjamin Chereskin. Mehrotra is president and chief executive officer and a board member of Mic

CDW Welcomes Sanjay Mehrotra and Anthony Foxx to Board of Directors; Thanks Retiring Board Members Steven Alesio, Barry Allen & Benjamin Chereskin

CDW Corp's (CDW) acquisition of Google Cloud Education partner, Amplified IT, will accelerate the adoption of technology by schools.

CDW Corp (CDW) Scoops Up Amplified IT, Boosts K12 Footprint

CDW Corp (NASDAQ: CDW) announced the acquisition of an education-focused consultancy, Amplified IT, credited for technical skills and knowledge to the K12 and Higher Education markets. The financial terms of the transaction were not disclosed.

CDW Acquires Google Premium Education Partner Amplified IT For Undisclosed Sum

HCA Healthcare

CDW Corporation (CDW), HCA Healthcare (HCA), Virtu Financial (VIRT), Polaris (PII) and D.R. Horton (DHI) are some of top ROE stocks to profit as markets trade near all-time high on renewed optimism of faster economic recovery.

5 ROE Picks to Profit on Leisure Travel Uptrend Optimism

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, announced today it has acquired Amplified IT, a leading education-focused consultancy that brings a blend of technical skills and knowledge to the K12 and Higher Education markets. “The complexities and critical technology needs facing school districts and education

CDW Announces Acquisition of Amplified IT, a Leading Provider of Google Services, Solutions, and Software for Education Customers

CDW (CDW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes CDW (CDW) a New Buy Stock

Apple

CDW Corporation (CDW), Apple (AAPL), Lam Research Corporation (LRCX), Polaris (PII) and D.R. Horton (DHI) are some of the top ROE stocks that investors can bet in this volatile market.

5 ROE Picks to Buy as High Bond Yields Imply Economic Rebound

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that Christine A. Leahy, president and chief executive officer, CDW, and Collin B. Kebo, chief financial officer, CDW, will participate in a question and answer session at the Morgan Stanley 2021 Technology, Media and Telecom Conference

CDW to Participate in the Morgan Stanley 2021 Technology, Media and Telecom Conference

Here's Why Momentum Investors Will Love CDW (CDW)

Improvement in product margin, along with lower interest expense and reduction in non-GAAP effective tax rate, drives CDW Corp's (CDW) Q4 bottom-line growth.

CDW Corp (CDW) Q4 Earnings & Revenues Top Estimates, Up Y/Y

CDW Corporation (CDW) CEO Chris Leahy on Q4 2020 Results - Earnings Call Transcript

KLA-Tencor

T. Rowe Price Group

CDW Corporation (CDW), Apple (AAPL), T. Rowe Price Group (TROW), KLA Corporation (KLAC) and D.R.

News for CDW Stock (CDW)