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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Cdw (CDW) Gross Margin (2016 - 2026)

Cdw filings provide 16 years of Gross Margin readings, the most recent being 22.76% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 48.0% to 22.76% in Q4 2025 year-over-year; TTM through Dec 2025 was 21.73%, a 18.0% decrease, with the full-year FY2025 number at 21.73%, down 18.0% from a year prior.
  • Gross Margin hit 22.76% in Q4 2025 for Cdw, up from 21.88% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 22.99% in Q4 2023 to a low of 16.44% in Q1 2021.
  • Median Gross Margin over the past 5 years was 21.47% (2023), compared with a mean of 20.47%.
  • Biggest five-year swings in Gross Margin: soared 410bps in 2022 and later plummeted -105bps in 2025.
  • Cdw's Gross Margin stood at 17.62% in 2021, then increased by 23bps to 21.72% in 2022, then rose by 6bps to 22.99% in 2023, then dropped by -3bps to 22.28% in 2024, then grew by 2bps to 22.76% in 2025.
  • The last three reported values for Gross Margin were 22.76% (Q4 2025), 21.88% (Q3 2025), and 20.77% (Q2 2025) per Business Quant data.