Cdw (CDW) Operating Margin (2010 - 2026)

Cdw has reported Operating Margin for 17 years, with the latest figure at 6.62% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 33.0% year-over-year to 6.62%; the trailing twelve-month figure through Mar 2026 stood at 7.29% (down 61.0% YoY), and the FY2025 full-year result was 7.38%, down 48.0% from the prior year.
• Operating Margin for Q1 2026 stood at 6.62%, down from 7.82% in the prior quarter.
• The five-year high for Operating Margin was 8.73% in Q3 2024, with the low at 6.5% in Q1 2022.
• Historically, Operating Margin has averaged 7.54% across 5 years, with a median of 7.5% in 2022.
• Annual changes were most pronounced in 2022 — Operating Margin soared 208 bps — and 2025, when it plunged 100 bps.
• Cdw's Operating Margin 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.