Cdw (CDW) Operating Margin (2010 - 2026)
Cdw's Operating Margin came in at 6.52% for Q2 2026, down 0.51 percentage points from 7.03% a year earlier and down 0.10 percentage points from the prior quarter.
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Analysis
Cdw (CDW) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cdw reported Operating Margin of 7.14%, down 0.50 percentage points year-over-year; for FY2025, it came in at 7.38%, down 0.48 percentage points from FY2024.
- Operating Margin carries a five-year change of +1.00 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 7.86% in FY2024 (unchanged), 7.86% in FY2023 (+0.56 pp), 7.31% in FY2022 (+0.49 pp) and 6.82% in FY2021 (+0.43 pp).
- The Q2 2026 figure represents the lowest quarterly Operating Margin since Q1 2022.
- Year-over-year, Operating Margin has declined for five consecutive quarters, with an average year-over-year change of -0.40 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2022 (a gain of 2.08 percentage points), and the weakest in Q3 2025 (a drop of 1.00 percentage points).
- Business Quant data shows CDW's Operating Margin at 6.62% (Q1 2026), 7.82% (Q4 2025) and 7.73% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 21.09% |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 15.95% |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | 2.65% |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | 6.52% |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | - |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | 3.78% |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 2.79% |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 1.62% |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | 10.76% |
| 10 | Science Applications International | 5.50 Bn | 5.04 Bn | 239.00 Mn | 8.09% |
Historic Data
Download Data
Historic 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% |
API Access
Cdw Operating 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=operating-margin&ticker=CDW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();