OverviewSuggest Edit

CDK Global (Cobalt, Dealer Services, Kerridge) is a company providing dealership management and marketing solutions. It develops dealer management systems, sales, inventory, and fixed ops tools, finance and insurance workflow, and dealership operations solutions, as well as consulting services and digital marketing solutions. The company serves automotive, heavy truck, agriculture, construction, marine, powersports, recreational vehicle (RV), and other industries. 
TypePublic
Founded1972
HQHoffman Estates, IL, US
Websitecdkglobal.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Jun 2020)9,000
Job Openings155
Revenue (FY, 2020)$2 B(+3%)
Share Price (May 2021)$53.4(-2%)
Cybersecurity ratingBMore

Key People/Management at CDK Global

Brian Krzanich

Brian Krzanich

Chief Executive Officer, President & Director
Lee Brunz

Lee Brunz

Executive Vice President and General Counsel
Amy Byrne

Amy Byrne

Executive Vice President, Chief Human Resources and Communications Officer
Eric Guerin

Eric Guerin

Executive Vice President and Chief Financial Officer
Neil Packham

Neil Packham

President, CDK Global International
Mahesh Shah

Mahesh Shah

Executive Vice President and Chief Product and Technology Officer
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CDK Global Office Locations

CDK Global has offices in Hoffman Estates, Austin, Cincinnati, Detroit and in 32 other locations
Hoffman Estates, IL, US (HQ)
1950 Hassell Rd
Austin, TX, US
8601 Ranch Rd 2222 Building 1 Suite 300
Cincinnati, OH, US
4600 Montgomery Rd
Detroit, MI, US
One Detroit Center, 500 Woodward Ave
Portland, OR, US
2525 SW 1st Ave
Seattle, WA, US
605 5th Ave S #800
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CDK Global Financials and Metrics

CDK Global Revenue

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CDK Global's revenue was reported to be $1.96 b in FY, 2020 which is a 2.4% increase from the previous period.
USD

Revenue (Q2, 2021)

406.3m

Gross profit (Q2, 2021)

198.6m

Gross profit margin (Q2, 2021), %

48.9%

Net income (Q2, 2021)

70.1m

EBIT (Q2, 2021)

113.6m

Market capitalization (7-May-2021)

6.5b

Closing stock price (7-May-2021)

53.4

Cash (31-Dec-2020)

62.8m

EV

9.1b
CDK Global's current market capitalization is $6.5 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.3b1.9b2.0b

Revenue growth, %

2%(16%)2%

Cost of goods sold

1.2b899.8m966.5m

Gross profit

1.1b1.0b993.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

554.5m590.4m602.1m494.6m499.6m516.3m493.6m406.3m

Cost of goods sold

281.6m309.9m305.8m247.3m235.9m242.5m262.1m207.7m

Gross profit

272.9m280.5m296.3m247.3m263.7m273.8m231.5m198.6m

Gross profit Margin, %

49%48%49%50%53%53%47%49%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

804.4m311.4m215.7m

Accounts Receivable

374.6m412.3m300.0m

Current Assets

1.4b987.1m685.6m

PP&E

131.9m144.8m109.1m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

388.7m131.9m214.5m

Depreciation and Amortization

79.1m89.8m99.6m

Accounts Payable

11.8m(1.6m)(3.7m)

Cash From Operating Activities

461.6m483.1m375.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

92.3m183.2m284.9m84.1m108.2m167.7m58.0m128.1m

Depreciation and Amortization

19.7m45.3m71.4m23.5m48.1m72.6m24.9m46.5m

Accounts Payable

(9.5m)(17.0m)(3.6m)(5.5m)(14.1m)7.4m(600.0k)(10.3m)

Cash From Operating Activities

140.0m199.3m339.2m72.2m178.7m311.7m99.7m173.2m
USDFY, 2018

EV/EBIT

17.5 x

EV/CFO

22.5 x

EV/FCF

25 x

Revenue/Employee

267.4k

Debt/Equity

-7.5 x

Debt/Assets

0.9 x

Financial Leverage

-8.7 x

P/E Ratio

23.4
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CDK Global Operating Metrics

Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Dealer Management System Customer Sites (CDK North America)

14.54 k14.61 k14.53 k14.56 k14.53 k14.55 k14.65 k14.68 k14.73 k14.78 k14.74 k14.72 k14.77 k

Average Revenue per Site (CDK North America)

$5.75 k$5.81 k$5.84 k$5.91 k$5.71 k$6.07 k$5.97 k$6 k$5.98 k$6.08 k$6.17 k$5.53 k$6.11 k

Dealer Management System Customer Sites (CDK International)

13.5 k13.56 k13.54 k13.27 k13.19 k13.17 k12.99 k13.1 k12.97 k12.86 k12.85 k12.72 k12.3 k

Average Revenue per Site (CDK International)

$1.27 k$1.29 k$1.31 k$1.34 k$1.42 k$1.44 k$1.5 k$1.53 k$1.52 k$1.55 k$1.58 k$1.42 k$1.58 k
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CDK Global Acquisitions / Subsidiaries

Company NameDateDeal Size
ELEAD1ONESeptember 14, 2018$513 m
Progressus MediaApril 03, 2018$22.2 m
Dashboard Dealership EnterprisesOctober 20, 2017$21.3 m
NewCarIQFebruary 01, 2016
RedBumperFebruary 01, 2016
AVRSApril 02, 2015$36.6 m
CDK Data Services, Inc.
CDK Global (Canada) Holding Co.
CDK Global (Canada) Limited
CDK Global Holdings II, LLC
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CDK Global Revenue Breakdown

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CDK Global revenue breakdown by business segment: 83.6% from CDK North America and 16.4% from CDK International

CDK Global revenue breakdown by geographic segment: 79.0% from United States, 12.1% from Europe and 8.9% from Other

CDK Global Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

CDK Global Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

CDK Global Online and Social Media Presence

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CDK Global News and Updates

International Business Of CDK Global Becomes Keyloop

LONDON, March 1, 2021 /PRNewswire/ -- Today, Francisco Partners (FP) completed its acquisition of CDK Global International, a former division of CDK Global (NASDAQ: CDK) for $1.45 billion (https://www.franciscopartners.com/news). The acquisition by FP, a leading global investment firm...

CDK Global, Inc. Announces Completion of International Business Sale

HOFFMAN ESTATES, Ill., March 01, 2021 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) (“CDK” or "CDK Global"), a leading provider of dealer management systems and integrated information technology solutions to the automotive retailing and adjacent industries, announced today it has completed th…

Widewail Joins CDK Global Partner Program

BURLINGTON, Vt., Feb. 16, 2021 /PRNewswire/ -- Widewail, the leading reputation management and social media engagement platform, today announced that it has become a participant in the CDK Global Partner Program, one of the largest third-party partner programs in the industry. Widewail is...

CDK Global, Inc. Reports Second Quarter Fiscal 2021 Results

Achieves Record Sites in North America; Provides Full Year Guidance Achieves Record Sites in North America; Provides Full Year Guidance

CDK Global to Sell International Business to Francisco Partners for $1.45 Billion

Transaction Sharpens CDK’s Strategic Focus on Growth in North America Markets Transaction Sharpens CDK’s Strategic Focus on Growth in North America Markets

CDK Global to Announce Fourth Quarter and Fiscal 2019 Financial Results on August 13, 2019

HOFFMAN ESTATES, Ill., July 24, 2019 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq:CDK) is scheduled to release its financial results for the fourth quarter and fiscal year ending June 30, 2019 after the closing of the Nasdaq on Tuesday, August 13, 2019.
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CDK Global Blogs

3 Tips to Fire Up Your Advertising for the 4th of July

Fourth of July is right around the corner. Prepare your advertising to make sure your dealership makes the most of this major weekend for car sales. Category:  Blogs

Digitizing Dealerships: Car Buying is About More Than Just Convenience

Max Steckler has said it before and, in his latest DrivingSales blog, he says it again: consumers today are frustrated and tired of the same old tedious, stressful car-buying experience. Category:  Blogs

Four Ways You Can Improve Profitability

A recent NADA study showed that profitability on both new and used vehicles is dropping and, as a result, dealers are making less and less on their vehicles. Category:  Blogs

Five Habits of a Successful Dealer Principal

The success of a dealership depends in large part on the leadership of the Dealer Principal. Check out the five habits of a successful Dealer Principal. Category:  Blogs

CDK Global Frequently Asked Questions

  • When was CDK Global founded?

    CDK Global was founded in 1972.

  • Who are CDK Global key executives?

    CDK Global's key executives are Brian Krzanich, Lee Brunz and Amy Byrne.

  • How many employees does CDK Global have?

    CDK Global has 9,000 employees.

  • What is CDK Global revenue?

    Latest CDK Global annual revenue is $2 b.

  • What is CDK Global revenue per employee?

    Latest CDK Global revenue per employee is $217.8 k.

  • Who are CDK Global competitors?

    Competitors of CDK Global include iSoftStone, DealerTrack and Software AG.

  • Where is CDK Global headquarters?

    CDK Global headquarters is located at 1950 Hassell Rd, Hoffman Estates.

  • Where are CDK Global offices?

    CDK Global has offices in Hoffman Estates, Austin, Cincinnati, Detroit and in 32 other locations.

  • How many offices does CDK Global have?

    CDK Global has 37 offices.