Cdw (CDW) Net Margin (2010 - 2026)
Cdw's Net Margin was 4.18% in Q2 2026, down 0.36 percentage points from 4.54% a year earlier but up 0.03 percentage points from the prior quarter.
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Analysis
Cdw (CDW) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cdw's Net Margin was 4.60% through Jun 30, 2026, down 0.32 percentage points year-over-year; for FY2025, it was 4.76%, down 0.38 percentage points from FY2024.
- Net Margin shows a five-year change of +0.49 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 5.13% in FY2024 (-0.03 pp), 5.17% in FY2023 (+0.47 pp), 4.69% in FY2022 (-0.06 pp) and 4.75% in FY2021 (+0.48 pp).
- Quarterly Net Margin has moved between 3.89% (Q4 2021) and 5.90% (Q4 2023) over five years.
- Compared with a year earlier, Net Margin has declined for seven straight quarters, with an average year-over-year change of -0.33 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2022 (a gain of 1.39 percentage points); the worst was Q4 2021 (a drop of 0.92 percentage points).
- Per Business Quant data, CDW's Net Margin in the three quarters before Q2 2026 was 4.14% (Q1 2026), 5.07% (Q4 2025) and 5.07% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | 11.07% |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | 4.59% |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | 1.93% |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | 2.73% |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | 9.14% |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | 1.53% |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 10.85% |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | 5.43% |
| 10 | Ingram Micro Holding | 6.29 Bn | 1.70 Bn | 996.93 Mn | 0.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.59% |
| Jun 30, 2026 | 4.18% |
| Mar 31, 2026 | 4.14% |
| Dec 31, 2025 | 5.07% |
| Sep 30, 2025 | 5.07% |
| Jun 30, 2025 | 4.54% |
| Mar 31, 2025 | 4.33% |
| Dec 31, 2024 | 5.09% |
| Sep 30, 2024 | 5.74% |
| Jun 30, 2024 | 5.18% |
| Mar 31, 2024 | 4.43% |
| Dec 31, 2023 | 5.90% |
| Sep 30, 2023 | 5.61% |
| Jun 30, 2023 | 4.67% |
| 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% |
API Access
Cdw Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CDW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CDW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();