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CDW Corp (CDW) Stock Fundamental Analysis & AI Rating 2026

CDW Nasdaq Retail-Catalog & Mail-Order Houses DE CIK: 0001402057
Updated This Month • Analysis: Mar 22, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
80% Confidence
STRONG AGREEMENT
BUY
78% Conf
BUY
83% Conf

📊 CDW Key Takeaways

Revenue: $22.4B
Net Margin: 4.8%
Free Cash Flow: $1.1B
Current Ratio: 1.18x
Debt/Equity: 1.77x
EPS: $8.08
AI Rating: BUY with 78% confidence
CDW Corp (CDW) receives a BUY rating with 80% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $22.4B, net profit margin of 4.8%, and return on equity (ROE) of 40.9%, CDW Corp demonstrates strong fundamentals in the Consumer sector. Below is our complete CDW stock analysis for 2026.

Is CDW Corp (CDW) a Good Investment?

Claude

CDW demonstrates solid fundamental strength with consistent revenue growth (+6.8% YoY) and healthy operating margins (7.4%) in the competitive IT distribution sector. The company maintains strong profitability (40.9% ROE) and generates substantial free cash flow ($1.1B), though modest net income decline and elevated leverage (1.77x D/E) warrant monitoring.

ChatGPT

CDW shows durable core fundamentals with solid revenue growth, healthy gross and operating margins, and strong free cash flow generation relative to capital needs. Financial quality is supported by strong interest coverage and good liquidity, though leverage is meaningful and net income growth has softened, which keeps the outlook positive but not top-tier.

Why Buy CDW Corp Stock? CDW Key Strengths

Claude
  • + Strong revenue growth of 6.8% YoY in a mature retail distribution market
  • + Exceptional ROE of 40.9% and robust operating margins of 7.4% demonstrate operational efficiency
  • + Solid free cash flow generation of $1.1B with healthy 4.9% FCF margin supports sustainability
  • + Excellent interest coverage ratio of 16.8x indicates manageable debt service obligations
  • + Significant insider activity with 43 Form 4 filings in past 90 days suggests confidence
ChatGPT
  • + Revenue growth of 6.8% with stable profitability indicates resilient demand and execution quality
  • + Strong cash generation with $1.09B of free cash flow and low capital intensity supports balance sheet flexibility
  • + Healthy financial structure for the business model, with 16.8x interest coverage and current/quick ratios above 1.0x

CDW Stock Risks: CDW Corp Investment Risks

Claude
  • ! Net income declined 1.0% YoY despite revenue growth, indicating margin pressure or operational headwinds
  • ! Elevated debt-to-equity ratio of 1.77x with $4.6B long-term debt limits financial flexibility
  • ! Modest liquidity position with current ratio of 1.18x leaves limited cushion for adverse conditions
  • ! Quick ratio of 1.10x suggests potential working capital management challenges
  • ! Operating in competitive IT distribution sector with vulnerability to price compression and market disruption
ChatGPT
  • ! Net income declined 1.0% YoY despite revenue growth, which may signal margin pressure or higher financing/tax costs
  • ! Leverage is elevated with $4.62B in long-term debt and 1.77x debt-to-equity
  • ! Net margin of 4.8% leaves limited room for operational missteps or weaker enterprise spending

Key Metrics to Watch

Claude
  • * Operating margin trend and gross margin sustainability amid competitive pressures
  • * Free cash flow generation capacity to service debt and fund growth initiatives
  • * Debt reduction progress and leverage ratio trajectory toward more conservative levels
  • * Revenue growth quality and customer concentration risk in IT distribution
ChatGPT
  • * Operating margin and net income conversion on future revenue growth
  • * Free cash flow generation relative to debt levels and shareholder returns

CDW Corp (CDW) Financial Metrics & Key Ratios

Revenue
$22.4B
Net Income
$1.1B
EPS (Diluted)
$8.08
Free Cash Flow
$1.1B
Total Assets
$16.0B
Cash Position
$618.7M

💡 AI Analyst Insight

The relatively thin 4.9% FCF margin may limit capital allocation flexibility.

CDW Profit Margin, ROE & Profitability Analysis

Gross Margin 21.7%
Operating Margin 7.4%
Net Margin 4.8%
ROE 40.9%
ROA 6.7%
FCF Margin 4.9%

CDW vs Consumer Sector: How CDW Corp Compares

How CDW Corp compares to Consumer sector averages

Net Margin
CDW 4.8%
vs
Sector Avg 8.0%
CDW Sector
ROE
CDW 40.9%
vs
Sector Avg 18.0%
CDW Sector
Current Ratio
CDW 1.2x
vs
Sector Avg 1.5x
CDW Sector
Debt/Equity
CDW 1.8x
vs
Sector Avg 0.8x
CDW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is CDW Corp Stock Overvalued? CDW Valuation Analysis 2026

Based on fundamental analysis, CDW Corp has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
40.9%
Sector avg: 18%
Net Profit Margin
4.8%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.77x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

CDW Corp Balance Sheet: CDW Debt, Cash & Liquidity

Current Ratio
1.18x
Quick Ratio
1.10x
Debt/Equity
1.77x
Debt/Assets
37.3%
Interest Coverage
16.79x
Long-term Debt
$4.6B

CDW Revenue & Earnings Growth: 5-Year Financial Trend

CDW 5-year financial data: Year 2021: Revenue $20.8B, Net Income $736.8M, EPS $4.99. Year 2022: Revenue $23.7B, Net Income $788.5M, EPS $5.45. Year 2023: Revenue $23.7B, Net Income $988.6M, EPS $7.04. Year 2024: Revenue $23.7B, Net Income $1.1B, EPS $8.13. Year 2025: Revenue $22.4B, Net Income $1.1B, EPS $8.10.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: CDW Corp's revenue has shown modest growth of 8% over the 5-year period. The most recent EPS of $8.10 reflects profitable operations.

CDW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.9%
Free cash flow / Revenue

CDW Quarterly Earnings & Performance

Quarterly financial performance data for CDW Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $5.5B $291.0M $2.21
Q2 2025 $5.4B $271.2M $2.05
Q1 2025 $4.9B $216.1M $1.59
Q3 2024 $5.5B $315.5M $2.32
Q2 2024 $5.4B $262.6M $1.92
Q1 2024 $4.9B $216.1M $1.59
Q3 2023 $5.6B $297.8M $2.17
Q2 2023 $5.6B $262.6M $1.92

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

CDW Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.2B
Cash generated from operations
Stock Buybacks
$653.0M
Shares repurchased (TTM)
Capital Expenditures
$117.1M
Investment in assets
Dividends Paid
$328.6M
Returned to shareholders

CDW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for CDW Corp (CIK: 0001402057)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 DEF 14A cdw014321-def14a.htm View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775248255.xml View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775247811.xml View →
Mar 27, 2026 8-K cdw-20260324.htm View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774297216.xml View →

Frequently Asked Questions about CDW

What is the AI rating for CDW?

CDW Corp (CDW) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CDW's key strengths?

Claude: Strong revenue growth of 6.8% YoY in a mature retail distribution market. Exceptional ROE of 40.9% and robust operating margins of 7.4% demonstrate operational efficiency. ChatGPT: Revenue growth of 6.8% with stable profitability indicates resilient demand and execution quality. Strong cash generation with $1.09B of free cash flow and low capital intensity supports balance sheet flexibility.

What are the risks of investing in CDW?

Claude: Net income declined 1.0% YoY despite revenue growth, indicating margin pressure or operational headwinds. Elevated debt-to-equity ratio of 1.77x with $4.6B long-term debt limits financial flexibility. ChatGPT: Net income declined 1.0% YoY despite revenue growth, which may signal margin pressure or higher financing/tax costs. Leverage is elevated with $4.62B in long-term debt and 1.77x debt-to-equity.

What is CDW's revenue and growth?

CDW Corp reported revenue of $22.4B.

Does CDW pay dividends?

CDW Corp pays dividends, with $328.6M distributed to shareholders in the trailing twelve months.

Where can I find CDW SEC filings?

Official SEC filings for CDW Corp (CIK: 0001402057) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CDW's EPS?

CDW Corp has a diluted EPS of $8.08.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CDW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, CDW Corp has a BUY rating with 80% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CDW stock overvalued or undervalued?

Valuation metrics for CDW: ROE of 40.9% (sector avg: 18%), net margin of 4.8% (sector avg: 8%). Higher ROE suggests strong returns relative to peers.

Should I buy CDW stock in 2026?

Our dual AI analysis gives CDW Corp a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CDW's free cash flow?

CDW Corp's operating cash flow is $1.2B, with capital expenditures of $117.1M. FCF margin is 4.9%.

How does CDW compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 4.8% (avg: 8%), ROE 40.9% (avg: 18%), current ratio 1.18 (avg: 1.5).

Is CDW Corp carrying too much debt?

CDW has a debt-to-equity ratio of 1.77x, which is above the Consumer sector average of 0.8x. However, the current ratio of 1.18 suggests adequate short-term liquidity.

Why is CDW's return on equity (ROE) so high?

CDW Corp has a return on equity of 40.9%, significantly above the Consumer sector average of 18%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 4.8% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2025-12-31 | Powered by Claude AI