OverviewSuggest Edit

CDW is a company providing integrated information technology (IT) solutions to business, government, education, and healthcare customers. It offers hardware and software products as well as mobility, security, data center optimization, cloud computing, virtualization, and other IT solutions. The company distributes notebooks and mobile devices, tablets, network communications, desktop computers, video monitors, enterprise and data storage, printers, and servers.
TypePublic
Founded1984
HQLincolnshire, US
Websitecdw.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2018)9,019(+4%)
Job Openings809
Revenue (FY, 2018)$16.2 B(+7%)
Share Price (Nov 2019)$137.6

Key People/Management at CDW

Thomas Richards

Thomas Richards

Executive Chairman
Christine A. Leahy

Christine A. Leahy

CEO
Jonathan Stevens

Jonathan Stevens

Chief Informatics Officer, SVP Operations
Christina Corley

Christina Corley

COO
Neil Fairfield

Neil Fairfield

VP, Controller, and Chief Accounting Officer
Collin Kebo

Collin Kebo

CFO, SVP
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CDW Office Locations

CDW has offices in Lincolnshire, Ada, Addison, Appleton and in 24 other locations
Lincolnshire, US (HQ)
75 Tri State International
Ada, US
4690 Fulton St E #203
Addison, US
16633 N. Dallas Pkwy, Suite 300
Appleton, US
4321 W. College Ave. Suite 400
Bellevue, US
10900 NE 8th Street, Suite 1660
Brentwood, US
310 Seven Springs Way
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CDW Financials and Metrics

CDW Revenue

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CDW's revenue was reported to be $16.24 b in FY, 2018 which is a 6.9% increase from the previous period.
USD

Revenue (Q3, 2019)

4.9b

Gross profit (Q3, 2019)

816.5m

Gross profit margin (Q3, 2019), %

16.6%

Net income (Q3, 2019)

201.7m

EBIT (Q3, 2019)

320.6m

Market capitalization (18-Nov-2019)

19.6b

Closing stock price (18-Nov-2019)

137.6

Cash (30-Sep-2019)

166.9m

EV

19.6b
CDW's current market capitalization is $19.6 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

14.0b15.2b16.2b

Revenue growth, %

8%9%7%

Cost of goods sold

11.7b12.7b13.5b

Gross profit

2.3b2.4b2.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

3.3b4.0b4.0b3.6b4.2b4.4b4.0b4.6b4.9b

Cost of goods sold

2.8b3.4b3.4b3.0b3.5b3.7b3.3b3.9b4.1b

Gross profit

552.6m641.1m642.0m603.9m695.6m713.6m672.1m773.8m816.5m

Gross profit Margin, %

17%16%16%17%17%16%17%17%17%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

263.7m144.2m205.8m

Accounts Receivable

2.2b2.3b2.7b

Inventories

452.0m449.5m454.3m

Current Assets

3.2b3.4b3.8b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

251.7m79.0m97.9m221.0m100.7m255.1m285.0m194.5m166.9m

Accounts Receivable

2.0b2.3b2.3b2.3b2.6b2.7b2.7b3.0b2.9b

Prepaid Expenses

193.1m

Inventories

493.4m513.6m549.0m485.8m576.9m481.1m590.7m652.2m603.6m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

424.4m523.0m643.0m

Depreciation and Amortization

254.5m260.9m265.6m

Inventories

(68.5m)8.5m(46.8m)

Accounts Payable

225.1m231.5m271.2m
Quarterly
USDY, 2019

EV/EBIT

61 x

EV/CFO

28.7 x

Financial Leverage

8.2 x
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CDW Operating Metrics

CDW's Enterprise Customers was reported to be 250 k in FY, 2018.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Countries

100 80 80 80 80

Distribution Centers

2 2 2 3 3

Enterprise Customers

250 k250 k250 k250 k250 k

Products

100 k100 k100 k100 k100 k
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CDW Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
CDW Canada Corp.
CDW Direct, LLC
CDW Finance Bidco Limited
CDW Finance Corporation
CDW Finance Holdings Limited
CDW Finance Topco Limited
CDW Government LLC
CDW International Holdings Limited
CDW Limited
CDW LLC
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CDW Revenue Breakdown

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CDW revenue breakdown by business segment: 25.0% from Notebooks/ Mobile Devices, 13.1% from Netcomm Products , 8.1% from Desktops, 7.3% from Video , 6.8% from Enterprise and Data Storage (Including Drives), 20.4% from Other Hardware, 14.5% from Sowtware and 5.0% from Other

CDW Online and Social Media Presence

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CDW News and Updates

CDW Declares Quarterly Cash Dividend of $0.38 Per Share, Updates Payout Ratio Target

Reinforces Ongoing Commitment to Delivering Value to Stockholders Reinforces Ongoing Commitment to Delivering Value to Stockholders

CDW to Announce Third Quarter 2019 Results on October 31

LINCOLNSHIRE, Ill., Oct. 17, 2019 (GLOBE NEWSWIRE) -- CDW Corporation (NASDAQ:CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that it will host a webcast confe…

CDW to join S&P 500 index, stock jumps

CDW Corp. will join the S&P 500 index this month, and shares jumped more than 5% Tuesday in after-hours trading following the announcement. S&P Global announced Tuesday afternoon that the tech company would enter the index ahead of trading on Monday, Sept. 23, to replace Total System Servic…

CDW Corporation Announces Proposed Registered Offering of $550 Million of Senior Notes due 2028

LINCOLNSHIRE, Ill., Sept. 12, 2019 (GLOBE NEWSWIRE) -- CDW Corporation (NASDAQ: CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its wholly owned subsidiar…

CDW to Present at the NASDAQ 40th Investor Conference

LINCOLNSHIRE, Ill., June 05, 2019 (GLOBE NEWSWIRE) -- CDW Corporation (NASDAQ:CDW), a leading provider of technology solutions to business, government, education and healthcare, announced today that Collin B. Kebo, senior vice president and chief financial officer, will present at the NASDAQ 40th …

CDW Reports Record First Quarter Net Sales

Reinforces Power of Business Model and Strategy Reinforces Power of Business Model and Strategy
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CDW Blogs

How the New Surface Laptop 3 Supports Today’s Work Styles

There was a time when enterprises could buy and roll out a fleet of identical desktop PCs or laptops. Not anymore: This has changed not because technology has improved dramatically (it has) but because work has evolved. Not only has the nature of work itself grown, but factors such as where people …

4 Things to Think About When Exploring UCaaS

Often, IT leaders tell me they want to adopt a unified communication as a service (UCaaS) strategy, which would enable them to use the cloud to simplify their communication and collaboration systems. This is a good idea, but in some cases, that’s all the information these IT leaders have. They’re n…

Get Ready for 5G Connectivity

5G connectivity is coming, and when it arrives, it’s going to dramatically change the landscape of wireless connectivity. The new cellular standard will be 10 to 100 times faster than 4G connectivity, opening up a whole new range of use cases for businesses. With Gigabit LTE available in many areas…

Considerations for Building the Perfect Huddle Room — Part 2

In part 1 of this blog series, we looked at several factors including meeting platform support and integration capabilities, audio quality and ease of support when shopping around for the right huddle room solution. We will now wrap things up by considering the solution’s ease of use and its overal…

Why Clinical Collaboration Has Become Essential to Healthcare

Every industry can benefit when workers collaborate more effectively. Working together can improve efficiency and productivity while boosting employee satisfaction and morale. But in the healthcare industry, effective collaboration can literally mean the difference between life and death. Because c…

Put Psychology to Work in Your Cybersecurity Budget Discussions

A few years ago, I was talking to an organization’s executive about the budget needed for a security initiative. We discussed the idea that organizations must understand that it’s not if they’ll be breached, but when. If a breach is inevitable either way, the executive asked, why should I spend all…
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CDW Frequently Asked Questions

  • When was CDW founded?

    CDW was founded in 1984.

  • Who are CDW key executives?

    CDW's key executives are Thomas Richards, Christine A. Leahy and Jonathan Stevens.

  • How many employees does CDW have?

    CDW has 9,019 employees.

  • What is CDW revenue?

    Latest CDW annual revenue is $16.2 b.

  • What is CDW revenue per employee?

    Latest CDW revenue per employee is $1.8 m.

  • Who are CDW competitors?

    Competitors of CDW include Bechtle, SHI International and Insight.

  • Where is CDW headquarters?

    CDW headquarters is located at 75 Tri State International, Lincolnshire.

  • Where are CDW offices?

    CDW has offices in Lincolnshire, Ada, Addison, Appleton and in 24 other locations.

  • How many offices does CDW have?

    CDW has 28 offices.