Cdw (CDW) Operating Margin (2009 - 2025)

Cdw has reported Operating Margin for 17 years, with the latest figure at 7.38% in FY2025.

• 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 FY2025 stood at 7.38%, down from 7.86% in the prior year.
• The five-year high for Operating Margin was 7.86% in FY2024, with the low at 6.82% in FY2021.
• Historically, Operating Margin has averaged 7.45% across 5 years, with a median of 7.38% in 2025.
• Annual changes were most pronounced in 2023 — Operating Margin jumped 56 bps — and 2025, when it plunged 48 bps.
• Cdw's Operating Margin stood at 6.82% in 2021, then climbed by 7 bps to 7.31% in 2022, then grew by 8 bps to 7.86% in 2023, then gained by 0 bps to 7.86% in 2024, then declined by 6 bps to 7.38% in 2025.
• The last three Operating Margin figures came in at 7.38% (FY2025), 7.86% (FY2024), and 7.86% (FY2023), per Business Quant data.