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 Ratings3.7

Latest Updates

Employees (est.) (Jun 2021)6,500(-27%)
Job Openings260
Revenue (FY, 2021)$1.7 B(-14%)
Share Price (May 2022)$53.7
Cybersecurity ratingBMore
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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 J. Guerin

Eric J. 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 $1.67 b in FY, 2021 which is a 14.6% decrease from the previous period.
USD

Revenue (Q2, 2022)

436.7m

Gross profit (Q2, 2022)

206.8m

Gross profit margin (Q2, 2022), %

47.4%

Net income (Q2, 2022)

65.4m

EBIT (Q2, 2022)

107.7m

Market capitalization (13-May-2022)

6.3b

Closing stock price (13-May-2022)

53.7

Cash (31-Dec-2021)

108.6m

EV

8.1b
CDK Global's current market capitalization is $6.3 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

1.9b2.0b1.7b

Revenue growth, %

(16%)2%(15%)

Cost of goods sold

899.8m966.5m875.0m

Gross profit

1.0b993.6m798.2m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

494.6m499.6m516.3m493.6m406.3m433.1m440.0m436.7m

Cost of goods sold

247.3m235.9m242.5m262.1m207.7m221.3m226.7m229.9m

Gross profit

247.3m263.7m273.8m231.5m198.6m211.8m213.3m206.8m

Gross profit Margin, %

50%53%53%47%49%49%48%47%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

311.4m215.7m157.0m

Accounts Receivable

412.3m300.0m236.4m

Current Assets

987.1m685.6m562.3m

PP&E

144.8m109.1m71.8m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

131.9m214.5m1.0b

Depreciation and Amortization

89.8m99.6m98.7m

Accounts Payable

(1.6m)(3.7m)(6.3m)

Cash From Operating Activities

483.1m375.1m216.7m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

84.1m108.2m167.7m58.0m128.1m991.0m73.7m139.1m

Depreciation and Amortization

23.5m48.1m72.6m24.9m46.5m71.1m27.6m58.9m

Accounts Payable

(5.5m)(14.1m)7.4m(600.0k)(10.3m)(4.8m)(5.5m)(3.5m)

Cash From Operating Activities

72.2m178.7m311.7m99.7m173.2m260.8m71.5m177.1m
USDFY, 2019

EV/EBIT

19.1 x

EV/CFO

17.9 x

EV/FCF

20.1 x

Revenue/Employee

212.8k

Debt/Equity

-4.1 x

Debt/Assets

1 x

Financial Leverage

-4.2 x

P/E Ratio

50.4
Show all financial metrics

CDK Global Operating Metrics

Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Dealer Management System Customer Sites (CDK North America)

14.53 k14.55 k14.65 k14.68 k14.73 k14.78 k14.74 k14.72 k14.77 k14.85 k14.97 k15.03 k15.15 k

Average Revenue per Site (CDK North America)

$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$6.18 k$6.27 k$6.33 k$6.5 k

Dealer Management System Customer Sites (CDK International)

13.19 k13.17 k12.99 k13.1 k12.97 k12.86 k12.85 k12.72 k12.3 k

Average Revenue per Site (CDK International)

$1.42 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
Salty Dot, Inc.October 01, 2021$153 m
RoadsterJune 02, 2021$364.4 m
Square Root, Inc.February 01, 2021$25 m
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
One-Eighty CorpJuly 01, 2013$16 m
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CDK Global Revenue Breakdown

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CDK Global revenue breakdown by business segment: 78.5% from Subscription , 10.5% from Transaction and 11.0% from Other

CDK Global Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

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

CDK Global, Inc. Announces Early Results of Its Tender Offer and Consent Solicitation for Its 2024 Notes

HOFFMAN ESTATES, Ill., May 09, 2022 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) (“CDK” or the “Company”), a leading automotive retail technology company, today announced the early results of its previously announced tender offer (the “Tender Offer”) relating to any and all of its issued and…

CDK Global, Inc. Announces Initial Results of Its Tender Offers and Consent Solicitations, Receipt of Requisite Consents and Expiration of Withdrawal Rights and Extension of the Consent Time of the Tender Offer for Its 2024 Notes and the Expiration Date of each Tender Offer

HOFFMAN ESTATES, Ill., May 04, 2022 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) ("CDK" or the “Company”), a leading automotive retail technology company, today announced the initial results of and the receipt of required consents in connection with its previously announced tender offers (th…

CDK Global, Inc. Announces Cash Tender Offers and Consent Solicitations for Its 4.500% Senior Notes due 2024, 4.875% Senior Notes due 2027 and 5.250% Senior Notes due 2029

HOFFMAN ESTATES, Ill., April 20, 2022 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) ("CDK" or the “Company”), a leading automotive retail technology company, today announced that it has commenced tender offers (the “Tender Offers”) to purchase for cash any and all of its issued and outstandin…

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of CDK Global, Inc. Following Privatization Agreement and Encourages Current Investors to Contact the Firm – CDK

PHILADELPHIA, April 18, 2022 (GLOBE NEWSWIRE) -- Investor protection law firm Kaskela Law LLC is investigating CDK Global, Inc. (Nasdaq: CDK) on behalf of the company’s investors.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: CDK Global Inc. (Nasdaq - CDK), Huttig Building Products, Inc. (Nasdaq - HBP), Manning & Napier, Inc. (NYSE - MN)

BALA CYNWYD, Pa., April 07, 2022 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. Ther…

CDK Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Sale of CDK Global to Brookfield Business Partners

MONSEY, N.Y., April 07, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of CDK Global, Inc. (ticker: CDK) (“CDK”) acted in the best interests of CDK shareholders in approving the sale of CDK to Brookfield Business Partners (“Brookfield”) for …
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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 6,500 employees.

  • What is CDK Global revenue?

    Latest CDK Global annual revenue is $1.7 b.

  • What is CDK Global revenue per employee?

    Latest CDK Global revenue per employee is $257.4 k.

  • Who are CDK Global competitors?

    Competitors of CDK Global include TDCX, Knowlton Development and iSoftStone.

  • 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.