CDW Corp
Research CDW Corp (CDW) on Bullrun: valuation model: 4.6% undervalued, market cap USD 18.01B, P/E 17.3, dividend yield 1.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCDW
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustryInformation Technology Services
- CurrencyUSD
- Valuation signal4.6% undervalued
- Market capUSD 18.01B
- P/E17.3
- Dividend yield1.8%
- Financial periodQ2 2026
- RevenueUSD 6.57B
- Net incomeUSD 274.40M
- Free cash flow-USD 82.60M
- Gross margin20.1%
Valuation Snapshot
Bullrun's latest valuation model marks CDW Corp as 4.6% undervalued; latest market cap is USD 18.01B; P/E is 17.3; dividend yield is 1.8%.
Peer valuation comparison
Latest P/E is 17.28x versus a Technology sector median of 28.7x (39.8% below).
Latest dividend yield is 1.75% versus a Technology sector median of 1.8% (2.8% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 22.42B | USD 1.07B | USD 1.09B | 21.7% | 8.08 | USD 618.70M | USD 5.63B | USD 2.61B |
| FY2024 | USD 21.00B | USD 1.08B | USD 1.15B | 21.9% | 7.97 | USD 503.50M | USD 5.84B | USD 2.35B |
| FY2023 | USD 21.38B | USD 1.10B | USD 1.45B | 21.8% | 8.1 | USD 588.70M | USD 5.64B | USD 2.04B |
| FY2022 | USD 23.75B | USD 1.11B | USD 1.21B | 19.7% | 8.13 | USD 315.20M | USD 5.92B | USD 1.60B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 18.01B | 17.3 | 1.8% | 2.52 |
| 2025 | 2025-12-31 | USD 17.62B | 16.9 | 1.9% | 2.52 |
| 2024 | 2024-12-31 | USD 23.08B | 21.8 | 1.4% | 2.49 |
| 2023 | 2023-12-29 | USD 30.45B | 28.3 | 1.1% | 2.39 |
| 2022 | 2022-12-30 | USD 24.18B | 23.5 | 1.2% | 2.09 |
| 2021 | 2021-12-31 | USD 27.60B | 29.1 | 0.8% | 1.7 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.52 USD, yield 1.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 2.51 USD |
| FY2024 | 2.49 USD |
| FY2023 | 2.39 USD |
| FY2022 | 2.09 USD |
About CDW Corp
CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Commercial, Government, and Education. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security.
ETFs that hold CDW Corp
CDW Corp is one of the ten largest holdings of 2 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| iShares MSCI World Mid-Cap Equal Weight UCITS ETF | 0.18% | 0.30% |
| iShares MSCI USA Mid-Cap Equal Weight UCITS ETF | 0.46% | 0.20% |
Related stock research
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Frequently asked questions
Is CDW Corp overvalued or undervalued?
Bullrun's valuation model currently marks CDW Corp as 4.6% undervalued.
What is CDW Corp's market cap?
CDW Corp's market capitalization is USD 18.01B.
What is CDW Corp's P/E ratio?
CDW Corp's price-to-earnings (P/E) ratio is 17.3.
Does CDW Corp pay a dividend?
CDW Corp has a dividend yield of 1.8%.
What does CDW Corp do?
CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Commercial, Government, and Education. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security.