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.
| Type | Public | |
| Founded | 1972 | |
| HQ | Hoffman Estates, IL, US | Map |
| Website | cdkglobal.com | |
| Employee Ratings | More |
Recent NewsAll News
- CDK Global, Inc. Announces Early Results of Its Tender Offer and Consent Solicitation for Its 2024 Notes
- 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
- 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
- SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of CDK Global, Inc. Following Privatization Agreement and Encourages Current Investors to Contact the Firm – CDK
Key People/Management at CDK Global
Brian Krzanich
Chief Executive Officer, President & Director
Lee Brunz
Executive Vice President and General Counsel
Amy Byrne
Executive Vice President, Chief Human Resources and Communications Officer
Eric J. Guerin
Executive Vice President and Chief Financial Officer
Neil Packham
President, CDK Global International
Mahesh Shah
Executive Vice President and Chief Product and Technology Officer
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
CDK Global Financials and Metrics
CDK Global Revenue
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
Quarterly
Annual
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|
Net Income | 84.1m | 108.2m | 167.7m | 58.0m | 128.1m | 991.0m | 73.7m | 139.1m |
Depreciation and Amortization | 23.5m | 48.1m | 72.6m | 24.9m | 46.5m | 71.1m | 27.6m | 58.9m |
Accounts Payable | (5.5m) | (14.1m) | 7.4m | (600.0k) | (10.3m) | (4.8m) | (5.5m) | (3.5m) |
Cash From Operating Activities | 72.2m | 178.7m | 311.7m | 99.7m | 173.2m | 260.8m | 71.5m | 177.1m |
| USD | FY, 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 |
CDK Global Operating Metrics
| Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dealer Management System Customer Sites (CDK North America) | 14.53 k | 14.55 k | 14.65 k | 14.68 k | 14.73 k | 14.78 k | 14.74 k | 14.72 k | 14.77 k | 14.85 k | 14.97 k | 15.03 k | 15.15 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 k | 13.17 k | 12.99 k | 13.1 k | 12.97 k | 12.86 k | 12.85 k | 12.72 k | 12.3 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 |
CDK Global Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Salty Dot, Inc. | October 01, 2021 | $153 m |
| Roadster | June 02, 2021 | $364.4 m |
| Square Root, Inc. | February 01, 2021 | $25 m |
| ELEAD1ONE | September 14, 2018 | $513 m |
| Progressus Media | April 03, 2018 | $22.2 m |
| Dashboard Dealership Enterprises | October 20, 2017 | $21.3 m |
| NewCarIQ | February 01, 2016 | |
| RedBumper | February 01, 2016 | |
| AVRS | April 02, 2015 | $36.6 m |
| One-Eighty Corp | July 01, 2013 | $16 m |
CDK Global Revenue Breakdown
CDK Global revenue breakdown by business segment: 78.5% from Subscription , 10.5% from Transaction and 11.0% from Other
CDK Global Cybersecurity Score
CDK Global Environment, Social & Governance (ESG) Ratings
CDK Global Online and Social Media Presence
5.9k Twitter followers
CDK Global has 5.9k Twitter Followers. The number of followers has decreased 0.1% month over month
CDK Global's Trends
Twitter Engagement Stats for @CDKGlobal
8.6k
Tweets
2.8k
Following
5.9k
Followers
23
Tweets last 30 days
0.7
Avg. likes per Tweet
47.8%
Tweets with engagement
CDK Global News and Updates
May 09, 2022
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…
May 04, 2022
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…
April 20, 2022
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…
April 18, 2022
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.
April 07, 2022
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…
April 07, 2022
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 …
CDK Global Blogs
June 22, 2018
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
June 16, 2018
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
June 08, 2018
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
May 31, 2018
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.
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