SuperworthCDW profit margin CDW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 4.6%
- Operating margin, 12 months
- 7.1%
- Net margin on a year earlier
- −0.3 pts
- Peer median
- 14.2%
Over the twelve months to Jun 30, 2026, CDW kept 4.6% of its revenue as net profit, with an operating margin of 7.1% and a gross margin of 21.4%.
Five years earlier its net margin was 4.8%.
The median for 8 IT services stocks of a similar size is 14.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 4.8% | 7.4% | 21.7% |
| FY2024 | 5.1% | 7.9% | 21.9% |
| FY2023 | 5.2% | 7.9% | 21.8% |
| FY2022 | 4.7% | 7.3% | 19.7% |
| FY2021 | 4.7% | 6.8% | 17.1% |
| FY2020 | 4.3% | 6.4% | 17.4% |
| FY2019 | 4.1% | 6.3% | 16.9% |
| FY2018 | 4.0% | 6.1% | 16.7% |
| FY2017 | 3.5% | 5.8% | 16.5% |
| FY2016 | 3.0% | 5.9% | 16.6% |
| FY2015 | 3.1% | 5.7% | 16.3% |
| FY2014 | 2.0% | 5.6% | 15.9% |
| FY2013 | 1.2% | 4.7% | 16.3% |
| FY2012 | 1.2% | 5.0% | 16.5% |
| FY2011 | 0.2% | 4.9% | 16.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 4.6% | −0.3 pts | 7.1% | |
| Q1 FY26 | 4.7% | −0.4 pts | 7.3% | |
| Q4 FY25 | 4.8% | −0.4 pts | 7.4% | |
| Q3 FY25 | 4.8% | −0.6 pts | 7.4% | |
| Q2 FY25 | 4.9% | −0.4 pts | 7.6% | |
| Q1 FY25 | 5.1% | −0.1 pts | 7.9% | |
| Q4 FY24 | 5.1% | −0.0 pts | 7.9% | |
| Q3 FY24 | 5.3% | +0.3 pts | 8.1% | |
| Q2 FY24 | 5.3% | +0.5 pts | 8.0% | |
| Q1 FY24 | 5.2% | +0.4 pts | 7.8% | |
| Q4 FY23 | 5.2% | +0.5 pts | 7.9% | |
| Q3 FY23 | 5.0% | +0.7 pts | 7.8% |
Against its peers
Companies in Information Technology Services nearest CDW's size, closest first, today.
| Company | Profit margin |
|---|---|
| CDWCDW | 4.6% |
| BRBroadridge Financial Solutions | 15.0% |
| FISFidelity National Information Services | 27.6% |
| FISVFiserv | 13.4% |
| CTSHCognizant Technology Solutions | 10.3% |
| JKHYJack Henry & Associates | 19.8% |
| EPAMEPAM Systems | 7.2% |
| DOCSDoximity | 25.5% |
| ACNAccenture | 11.3% |
| Peer median | 14.2% |
Where CDW ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on CDW
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.