CDW Corporation (CDW) Stock

CDW Corporation (CDW) is a Consumer Discretionary stock trading at $130.88 (as of 2026-07-15), with a market capitalization of $16.72B and a trailing P/E of 15.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CDW Corporation provides information technology solutions in the United States, the United Kingdom, and Canada. It operates through Corporate, Small Business, and Public segments, supplying hardware and software plus related services such as design, implementation, managed and professional services, serving business, government, education, and healthcare customers.

Understand CDW Corporation: how it makes money

CDW sells information technology solutions, including discrete hardware and software plus integrated IT services (on-premise, hybrid, and cloud) across data center and networking, digital workspace, and security, to customers in the United States, United Kingdom, and Canada.

CDW's profit model is closely tied to how efficiently it converts customer sales into cash, as reflected by its Cash Conversion Cycle, while generating revenue through IT offerings that span hardware, software, and integrated on-premise, hybrid, and cloud solutions.

Business quality (Mixed): Clear view of the business model and operating cash dynamic, but the provided facts do not include revenue by the company’s three official reportable segments (Corporate, Small Business, Public), limiting segment-level insight.

Valuation: At 16× earnings, CDW trades 16% below the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

Broad IT solution mix: CDW offers discrete hardware and software products and services, plus integrated IT solutions that include on-premise, hybrid, and cloud capabilities across data center and networking, digital workspace, and security.
Diverse public and commercial customer exposure: The company’s net sales include commercial customers and also Education and Government categories, alongside additional UK and Canada net sales.
Working capital discipline is a visible lever: Its Cash Conversion Cycle is provided (16.0), giving investors a concrete operating indicator tied to how sales convert into cash.

Bear case

Profitability is not high: The company’s gross margin is 21.0% and operating margin is 6.6%, so profit can be sensitive to changes in costs or execution.
Working capital can shift quickly: If the Cash Conversion Cycle worsens, it can pressure cash generation even if revenue remains stable.
Segment-level clarity is limited here: The provided data does not break out results by CDW’s official reportable segments (Corporate, Small Business, Public), which makes it harder to pinpoint what drives performance.

Valuation — source: SEC EDGAR (first-party)
Price	$130.88
Market Cap	$16.72B
P/E Ratio	15.5
EV / EBITDA	11.1
Price / Book	6.54
Price / Sales	0.73
FCF Yield	6.4%
DCF Value (model)	$146.96
DCF Upside vs Price	12.3%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$22.42B
Net Margin	4.8%
Revenue Growth (YoY)	9.2%
EPS Growth (YoY)	7.1%
FCF Growth (YoY)	-4.6%

Financial Health — source: SEC EDGAR
Altman Z-Score	2.48 (grey)
Piotroski F-Score	5/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	15.5
Sector P/E (Consumer Discretionary)	21.6
Industry P/E (Retail)	19.0
vs Sector	-28.0%
vs Industry	-18.2%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($2.38B)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Consumer Discretionary
Industry	Retail
CEO	Christine A. Leahy
Employees	15,100
Country	US
IPO Date	2013-06-27

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Data as of 2026-07-15.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.