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 |
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 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 $1.96 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
Quarterly
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Net Income | 92.3m | 183.2m | 284.9m | 84.1m | 108.2m | 167.7m | 58.0m | 128.1m |
Depreciation and Amortization | 19.7m | 45.3m | 71.4m | 23.5m | 48.1m | 72.6m | 24.9m | 46.5m |
Accounts Payable | (9.5m) | (17.0m) | (3.6m) | (5.5m) | (14.1m) | 7.4m | (600.0k) | (10.3m) |
Cash From Operating Activities | 140.0m | 199.3m | 339.2m | 72.2m | 178.7m | 311.7m | 99.7m | 173.2m |
| USD | FY, 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 |
CDK Global Operating Metrics
| Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dealer Management System Customer Sites (CDK North America) | 14.54 k | 14.61 k | 14.53 k | 14.56 k | 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 |
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 k | 13.56 k | 13.54 k | 13.27 k | 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) | $1.27 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 |
CDK Global Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| 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 |
| CDK Data Services, Inc. | ||
| CDK Global (Canada) Holding Co. | ||
| CDK Global (Canada) Limited | ||
| CDK Global Holdings II, LLC |
CDK Global Revenue Breakdown
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
CDK Global Environment, Social & Governance (ESG) Ratings
CDK Global Online and Social Media Presence
5.92k Twitter followers
CDK Global has 5.92k Twitter Followers. The number of followers has decreased 0.1% quarter over quarter
CDK Global's Trends
Twitter Engagement Stats for @CDKGlobal
8.4k
Tweets
2.8k
Following
5.9k
Followers
5
Tweets last 30 days
6
Avg. likes per Tweet
100%
Tweets with engagement
CDK Global News and Updates
March 01, 2021
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...
March 01, 2021
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…
February 16, 2021
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...
February 08, 2021
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
November 30, 2020
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
July 24, 2019
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.
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 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.
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