Cdw (CDW) Operating Margin (2010 - 2026)
Cdw's (CDW) quarterly Operating Margin came in at 6.62% in Q1 2026, down 33.0% YoY from 9.88% in Q1 2025, and down 15.29% on a QoQ basis from 7.82% in Q4 2025.
Cdw (CDW) Operating Margin (2010 - 2026) Analysis & Trends
Cdw (CDW) has 17 years of Operating Margin data on file, last reported at 6.62% in Q1 2026.
- Quarterly Operating Margin fell 33.0% year-over-year to 6.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.29% (down 61.0% YoY) and the FY2025 annual result came in at 7.38%, down 48.0% from the prior year.
- Operating Margin fell to 6.62% in Q1 2026, from 7.82% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 8.73% in Q3 2024 to a low of 6.5% in Q1 2022.
- A 5-year average of 7.54% and a median of 7.5% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin soared 208 bps — and 2025, when it plunged 100 bps.
- Tracing CDW's Operating Margin over 5 years: stood at 8.21% in 2022, then increased by 6 bps to 8.67% in 2023, then fell by 9 bps to 7.88% in 2024, then declined by 1 bps to 7.82% in 2025, then declined by 15 bps to 6.62% in 2026.
- The last three Operating Margin figures came in at 6.62% (Q1 2026), 7.82% (Q4 2025), and 7.73% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 15.24% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 16.96% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 21.09% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 15.95% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 15.01% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 24.61% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 16.01% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 11.28% |
| 10 | Cdw | 16.95 Bn | 16.59 Bn | 1.32 Bn | 6.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.52% |
| Mar 31, 2026 | 6.62% |
| Dec 31, 2025 | 7.82% |
| Sep 30, 2025 | 7.73% |
| Jun 30, 2025 | 7.03% |
| Mar 31, 2025 | 6.95% |
| Dec 31, 2024 | 7.88% |
| Sep 30, 2024 | 8.73% |
| Jun 30, 2024 | 7.99% |
| Mar 31, 2024 | 6.73% |
| Dec 31, 2023 | 8.67% |
| Sep 30, 2023 | 8.50% |
| Jun 30, 2023 | 7.33% |
| Mar 31, 2023 | 6.96% |
| Dec 31, 2022 | 8.21% |
| Sep 30, 2022 | 7.50% |
| Jun 30, 2022 | 7.08% |
| Mar 31, 2022 | 6.50% |
| Dec 31, 2021 | 6.13% |
| Sep 30, 2021 | 7.29% |