Cdw (CDW) Net Margin (2010 - 2026)
Cdw's (CDW) quarterly Net Margin came in at 4.17% in Q2 2026, down 37.0% on a YoY basis from 6.62% in Q2 2025, and up 0.73% quarter-over-quarter from 4.14% in Q1 2026.
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Cdw (CDW) Net Margin (2010 - 2026) Analysis & Trends
Cdw (CDW) has reported Net Margin for 17 consecutive years, with 4.17% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 37.0% year-over-year to 4.17%; the trailing twelve-month figure through Jun 2026 stood at 4.59% (down 33.0% YoY), and the FY2025 full-year result was 4.76%, down 38.0% from the prior year.
- Net Margin rose to 4.17% in Q2 2026 per CDW's latest filing, from 4.14% in the prior quarter.
- Across five years, Net Margin topped out at 5.9% in Q4 2023 and bottomed at 4.14% in Q1 2026.
- Historically, Net Margin has averaged 4.85% across 5 years, with a median of 4.73% in 2023.
- The sharpest annual moves came in 2022 and 2024: Net Margin jumped 139 bps in 2022, then slumped 81 bps in 2024.
- Over 5 years, Net Margin stood at 5.28% in 2022, then advanced by 12 bps to 5.9% in 2023, then declined by 14 bps to 5.09% in 2024, then slipped by 0 bps to 5.07% in 2025, then declined by 18 bps to 4.17% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 4.17%, 4.14%, and 5.07% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Td Synnex | 21.01 Bn | 19.92 Bn | 1.34 Bn | 1.71% |
| 2 | Cdw | 19.09 Bn | 18.73 Bn | 1.32 Bn | 4.17% |
| 3 | Arrow Electronics | 11.00 Bn | 10.83 Bn | 1.13 Bn | 2.73% |
| 4 | Avnet | 7.56 Bn | 7.40 Bn | 865.03 Mn | 1.53% |
| 5 | Ingram Micro Holding | 6.79 Bn | 5.98 Bn | 958.68 Mn | 0.76% |
| 6 | Insight Enterprises | 4.75 Bn | 4.39 Bn | 521.60 Mn | 3.23% |
| 7 | Eplus | 2.41 Bn | 1.96 Bn | 151.33 Mn | 4.66% |
| 8 | Pc Connection | 2.13 Bn | 1.79 Bn | 157.47 Mn | 3.88% |
| 9 | Scansource | 1.18 Bn | 1.09 Bn | 119.85 Mn | 2.69% |
| 10 | Climb Global Solutions | 544.33 Mn | 487.77 Mn | 30.16 Mn | 3.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.17% |
| Mar 31, 2026 | 4.14% |
| Dec 31, 2025 | 5.07% |
| Sep 30, 2025 | 5.07% |
| Jun 30, 2025 | 4.53% |
| Mar 31, 2025 | 4.33% |
| Dec 31, 2024 | 5.09% |
| Sep 30, 2024 | 5.74% |
| Jun 30, 2024 | 5.18% |
| Mar 31, 2024 | 4.42% |
| Dec 31, 2023 | 5.90% |
| Sep 30, 2023 | 5.61% |
| Jun 30, 2023 | 4.66% |
| Mar 31, 2023 | 4.51% |
| Dec 31, 2022 | 5.28% |
| Sep 30, 2022 | 4.79% |
| Jun 30, 2022 | 4.54% |
| Mar 31, 2022 | 4.21% |
| Dec 31, 2021 | 3.89% |
| Sep 30, 2021 | 5.03% |