CDW Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 176.38
Dividend & Yield2.36$ (1.27%)
Beta 1.12
Market capitalization 24.92B
Operating cash flow 1.24B
ESG Scores 9.1

Company description

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise, hybrid, and cloud capabilities across data center and networking, digital workspace, and security. Its hardware products comprise notebooks/mobile devices, network communications, desktop computers, video monitors, enterprise and data storage, and others; and software products consists of application suites, security, virtualization, operating systems, and network management. The company also provides advisory and design, software development, implementation, managed, professional, configuration, and telecom services, as well as warranties; mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. The company was founded in 1984 and is headquartered in Vernon Hills, Illinois.

Sector: Technology - Industry: Information Technology Services

Financial Ratios
Quick Ratio1.09
Working Capital0.72
Return On Equity1.4
Debt To Equity9.57
Fixed Asset Ratio0.2
Fixed Interest Cover9.76

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 271.2M 194.1M 253.7M 374.5M
Total Cashflows From Investing Activities -86.1M -331.4M -201M -2.77B
Net Borrowings -67.4M 110.7M 719.5M 2.61B
Total Cash From Financing Activities -754.8M -749.8M 138.8M 832.8M
Change To Operating Activities 142.5M 237.4M 49M -38.3M
Issuance Of Stock 34.9M 34.9M 49.2M 69.9M
Net Income 643M 736.8M 788.5M 988.6M
Change In Cash 61.6M -51.8M 1.26B -1.15B
Effect Of Exchange Rate -3.4M 2.2M 4.1M 100k
Total Cash From Operating Activities 905.9M 1.03B 1.31B 784.6M
Depreciation 265.6M 267.1M 425.6M 191.2M
Change To Account Receivables -365.1M -244.8M -226.4M -616.8M
Other Cashflows From Financing Activities 8.2M -33.4M -47.2M -79.1M
Change To Netincome -4.5M -10.4M 95.3M 36.4M
Capital Expenditures -86.1M -236.3M -158M -100M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 840.5M 949.7M 1B 1.3B
Net Income 643M 736.8M 788.5M 988.6M
Selling General Administrative 1.72B 1.91B 2.03B 2.1B
Gross Profit 2.71B 3.04B 3.21B 3.57B
Ebit 987.3M 1.13B 1.18B 1.47B
Operating Income 987.3M 1.13B 1.18B 1.47B
Interest Expense -148.6M -159.4M -154.9M -150.9M
Income Tax Expense 197.5M 212.9M 213.8M 309.2M
Total Revenue 16.24B 18.03B 18.47B 20.82B
Cost Of Revenue 13.53B 14.99B 15.26B 17.25B
Total Other Income ExpenseNet -146.8M -183.9M -181.8M -175.5M
Net Income From Continuing Ops 643M 736.8M 788.5M 988.6M
Net Income Applicable To Common Shares 643M 736.8M 788.5M 988.6M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 6.19B 7.04B 8.05B 12.49B
Total Stockholder Equity 975.2M 960.3M 1.3B 705.7M
Other Current Liabilities 410.3M 713.5M 642.9M 826M
Total Assets 7.17B 8B 9.34B 13.2B
Common Stock 1.5M 1.4M 1.4M 1.3M
Other Current Assets
Retained Earnings -1.89B -2.02B -1.81B -2.57B
Treasury Stock -130.6M -117.8M -95.8M -94.4M
Cash 205.8M 154M 1.41B 258.1M
Total Current Liabilities 2.8B 3.49B 3.9B 5.1B
Other Stockholder Equity -130.6M -117.8M -95.8M -94.4M
Property, Plant, and Equipment 156.1M 494.9M 306.3M 351.4M
Total Current Assets 3.8B 4.33B 5.95B 6.48B
Net Tangible Assets -2.2B -2.19B -1.74B -5.31B
Net Receivables 2.99B 3.4B 3.63B 5.07B
Accounts Payable 1.58B 1.83B 2.09B 3.11B


Insider Transactions

Here are the insider transactions of stock shares related to CDW Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
FINNEGAN PAUL JStock Award(Grant) at price 0.00 per share.D2022-09-09Director18
NELMS DAVID WStock Award(Grant) at price 0.00 per share.D2022-09-09Director74
ZARCONE DONNA FStock Award(Grant) at price 0.00 per share.D2022-09-09Director51
MEHROTRA SANJAYStock Award(Grant) at price 0.00 per share.D2022-09-09Director6
BELL JAMES AStock Award(Grant) at price 0.00 per share.D2022-09-09Director48
SWEDISH JOSEPH RStock Award(Grant) at price 0.00 per share.D2022-09-09Director6
CHAWLA SONAStock Award(Grant) at price 0.00 per share.D2022-09-09Officer4
MIRALLES ALBERT JOSEPH JRStock Award(Grant) at price 0.00 per share.D2022-09-09Chief Financial Officer33
CLARIZIO LYNDA MStock Award(Grant) at price 0.00 per share.D2022-09-09Director3
ADDICOTT VIRGINIA CLAIREStock Award(Grant) at price 0.00 per share.D2022-09-09Director38
FOXX ANTHONY RStock Award(Grant) at price 0.00 per share.D2022-09-09Director6
LOCY PETER RStock Award(Grant) at price 0.00 per share.D2022-09-09Officer5
WIESENHAHN CAROLYNStock Award(Grant) at price 0.00 per share.D2022-09-09Officer7
WIESENHAHN CAROLYNStock Award(Grant) at price 0.00 per share.D2022-09-06Officer2.36k
FINNEGAN PAUL JStock Award(Grant) at price 0.00 per share.D2022-06-10Director19
NELMS DAVID WStock Award(Grant) at price 0.00 per share.D2022-06-10Director78
ZARCONE DONNA FStock Award(Grant) at price 0.00 per share.D2022-06-10Director53
MEHROTRA SANJAYStock Award(Grant) at price 0.00 per share.D2022-06-10Director6
BELL JAMES AStock Award(Grant) at price 0.00 per share.D2022-06-10Director50
SWEDISH JOSEPH RStock Award(Grant) at price 0.00 per share.D2022-06-10Director6
CHAWLA SONAStock Award(Grant) at price 0.00 per share.D2022-06-10Officer4
MIRALLES ALBERT JOSEPH JRStock Award(Grant) at price 0.00 per share.D2022-06-10Chief Financial Officer34
CLARIZIO LYNDA MStock Award(Grant) at price 0.00 per share.D2022-06-10Director3
ADDICOTT VIRGINIA CLAIREStock Award(Grant) at price 0.00 per share.D2022-06-10Director40
FOXX ANTHONY RStock Award(Grant) at price 0.00 per share.D2022-06-10Director7
LOCY PETER RStock Award(Grant) at price 0.00 per share.D2022-06-10Officer5
LOCY PETER RStock Award(Grant) at price 0.00 per share.D2022-05-18Officer1.69k
LEAHY CHRISTINE APurchase at price 169.36 per share.D2022-05-06Chief Executive Officer2.9k
MIRALLES ALBERT JOSEPH JRPurchase at price 169.90 per share.D2022-05-06Chief Financial Officer1.48k
FINNEGAN PAUL JStock Award(Grant) at price 0.00 per share.D2022-03-10Director21
NELMS DAVID WStock Award(Grant) at price 0.00 per share.D2022-03-10Director76
ZARCONE DONNA FStock Award(Grant) at price 0.00 per share.D2022-03-10Director66
MEHROTRA SANJAYStock Award(Grant) at price 0.00 per share.D2022-03-10Director6
BELL JAMES AStock Award(Grant) at price 0.00 per share.D2022-03-10Director49
SWEDISH JOSEPH RStock Award(Grant) at price 0.00 per share.D2022-03-10Director6
CHAWLA SONAStock Award(Grant) at price 0.00 per share.D2022-03-10Officer4
MIRALLES ALBERT JOSEPH JRStock Award(Grant) at price 0.00 per share.D2022-03-10Chief Financial Officer43
CLARIZIO LYNDA MStock Award(Grant) at price 0.00 per share.D2022-03-10Director6
ADDICOTT VIRGINIA CLAIREStock Award(Grant) at price 0.00 per share.D2022-03-10Director39
MOCCIARO ILARIAStock Award(Grant) at price 0.00 per share.D2022-03-10Officer3
FOXX ANTHONY RStock Award(Grant) at price 0.00 per share.D2022-03-10Director7
FINNEGAN PAUL JStock Award(Grant) at price 0.00 per share.D2022-02-24Director1.04k
NELMS DAVID WStock Award(Grant) at price 0.00 per share.D2022-02-24Director1.91k
ZARCONE DONNA FStock Award(Grant) at price 0.00 per share.D2022-02-24Director1.04k
MEHROTRA SANJAYStock Award(Grant) at price 0.00 per share.D2022-02-24Director1.04k
BELL JAMES AStock Award(Grant) at price 0.00 per share.D2022-02-24Director1.04k
SWEDISH JOSEPH RStock Award(Grant) at price 0.00 per share.D2022-02-24Director1.04k
CLARIZIO LYNDA MStock Award(Grant) at price 0.00 per share.D2022-02-24Director1.04k
ADDICOTT VIRGINIA CLAIREStock Award(Grant) at price 0.00 per share.D2022-02-24Director1.04k
FOXX ANTHONY RStock Award(Grant) at price 0.00 per share.D2022-02-24Director1.04k
LEAHY CHRISTINE AStock Award(Grant) at price 0.00 per share.D2022-02-22Chief Executive Officer30.05k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CDW Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CDW Corp

Here is the result of two systematic investment strategies applied to CDW Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CDW Corp

The following chart shows the equity curve of the two systematic investment strategies applied to CDW Corp:

CDW Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 70.18% on the backtest period.

Performance at glance

Performance

70.18 %

Latent gain

1234.37 $

Invested capital

1758.75 $

Annualized return

17.12 %
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Momentum strategy results on CDW Corp

This is the result of two momentum investment strategies applied to CDW Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CDW Corp

The following chart shows all the entries opened by the momentum investment system on CDW Corp:

CDW Corp momentum entries
  • The first momentum investment strategy would give 86.59% of return on CDW Corp. That represents 3646.06$ of latent gain with 4210.88$ of employed capital.
  • The second momentum investment strategy would give 80.18% of return on CDW Corp. That represents 1748.13$ of latent gain with 2180.34$ of employed capital.
Performance at glance (1Q Momentum)

Performance

86.59 %

Latent gain

3646.06 $

Invested capital

4210.88 $

Annualized return

18.49 %
Performance at glance (2Q Momentum)

Performance

80.18 %

Latent gain

1748.13 $

Invested capital

2180.34 $

Annualized return

22.15 %

Momentum equity curve on CDW Corp

The following chart shows the equity curve of the two momentum strategies applied to CDW Corp:

CDW Corp momentum equity

Note: the dividends potentially given by CDW Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CDW Corp

The following chart shows the employed capital evolution of the two momentum strategies on CDW Corp since the beginning:

CDW Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on CDW Corp

Buy the dip entry openings on CDW Corp

CDW Corp

The performance achieved by the robo-advisor on CDW Corp is 38.82%. That represents 209.26$ of latent gain with 539.02$ of employed capital. The following chart shows CDW Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CDW Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

38.82 %

Latent gain

209.26 $

Invested capital

539.02 $

Annualized return

18.49 %

Equity curve of the strategy applied to CDW Corp

The following chart shows the result of the investment strategy applied to CDW Corp:

CDW Corp

Note: the dividends potentially given by CDW Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CDW Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on CDW Corp:

CDW Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CDW Corp

In this section, I will compare the three previous investment strategies applied to CDW Corp.

Equity curve comparison on CDW Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CDW Corp investment strategy comparison

Employed capital comparison on CDW Corp

CDW Corp investment comparison

Performance comparison on CDW Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 70.18% 1234.37$ 1758.75$ 17.12%
Momentum 1 quarter 86.59% 3646.06$ 4210.88$ 22.43%
Momentum 2 quarters 80.18% 1748.13$ 2180.34$ 22.15%
Non-directional 38.82% 209.26$ 539.02$ 18.49%
Annualized return comparison

Automatic investment

17.12 %

Momentum 1Q

22.15 %

Momentum 2Q

22.15 %

Non-directional

18.49 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CDW Corp:

Note: The algorithm computes the probability of correlation between CDW Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of CDW Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name CDW Corp
Country United States
City Vernon Hills
Address 200 North Milwaukee Avenue
Phone 847 465 6000
Website www.cdw.com
FullTime employees 12850
Industry Information Technology Services
Sector Technology
Exchange XNAS
Ticker CDW
Market www.nasdaq.com

CDW Corp ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 2.4
Peer Environment Performance 3.0937037037037
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 3.3
Peer Social Performance 6.082037037037
Social Percentile unknown
Highest Controversy 0
Peer Highest Controversy Performance 1.5454545454545
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 3.5
Peer Governance Performance 7.1781481481481
Governance Percentile unknown

ESG at glance
Total ESG Scores: 9.1
Environment Score: 2.4
Social Score: 3.3
Governance Score: 3.5

ESG Performance: LAG_PERF

Peer Group: Technology Hardware

Peer Esg Score Performance: 16.164727272727

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 2