FN2 Earnings Intelligence
CDW Corporation cash flow
CDW Corporation (CDW) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $258.1 | $315.2 | $588.7 | $503.5 | $618.7 | - | - |
| + Debt | - | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $20,820.8 | $23,748.7 | $21,376 | $20,998.7 | $22,424.1 | $23,570 | $24,385.3 |
| % Growth | 12.7% | 14.1% | -10.0% | -1.8% | 6.8% | 5.1% | 3.5% |
| Gross Profit | $3,568.5 | $4,686.6 | $4,652.4 | $4,602.4 | $4,873.4 | - | - |
| % Margin | 17.1% | 19.7% | 21.8% | 21.9% | 21.7% | - | - |
| EBITDA | $1,610.2 | $2,025.8 | $1,951.6 | $1,926.6 | $1,951.2 | - | - |
| % Margin | 7.7% | 8.5% | 9.1% | 9.2% | 8.7% | - | - |
| Net Income | $988.6 | $1,114.5 | $1,104.3 | $1,077.8 | $1,066.6 | - | - |
| % Margin | 4.7% | 4.7% | 5.2% | 5.1% | 4.8% | - | - |
| Diluted EPS | $7.04 | $8.13 | $8.10 | $7.97 | $8.08 | $10.76 | $11.78 |
| % Growth | 29.2% | 15.5% | -0.4% | -1.6% | 1.4% | 33.1% | 9.5% |
| Operating Cash Flow | $784.6 | $1,335.9 | $1,598.7 | $1,277.3 | $1,205.2 | - | - |
| CapEx | $100 | $127.8 | $148.2 | $122.6 | $117.1 | - | - |
| Free Cash Flow | $684.6 | $1,208.1 | $1,450.5 | $1,154.7 | $1,088.1 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $20,820.8 | $23,748.7 | $21,376 | $20,998.7 | $22,424.1 | $23,570 | $24,385.3 |
| Gross Profit | $3,568.5 | $4,686.6 | $4,652.4 | $4,602.4 | $4,873.4 | - | - |
| EBITDA | $1,610.2 | $2,025.8 | $1,951.6 | $1,926.6 | $1,951.2 | - | - |
| Net Income | $988.6 | $1,114.5 | $1,104.3 | $1,077.8 | $1,066.6 | - | - |
| Diluted EPS | $7.04 | $8.13 | $8.10 | $7.97 | $8.08 | $10.76 | $11.78 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $258.1 | $315.2 | $588.7 | $503.5 | $618.7 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | $6,755.8 | $5,866.4 | $5,031.8 | $5,607 | $4,622.3 |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $784.6 | $1,335.9 | $1,598.7 | $1,277.3 | $1,205.2 |
| Capital Expenditure | $100 | $127.8 | $148.2 | $122.6 | $117.1 |
| Free Cash Flow | $684.6 | $1,208.1 | $1,450.5 | $1,154.7 | $1,088.1 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 12.7% | 14.1% | -10.0% | -1.8% | 6.8% |
| Gross Margin | 17.1% | 19.7% | 21.8% | 21.9% | 21.7% |
| EBITDA Margin | 7.7% | 8.5% | 9.1% | 9.2% | 8.7% |
| Net Margin | 4.7% | 4.7% | 5.2% | 5.1% | 4.8% |
| FCF Margin | 3.3% | 5.1% | 6.8% | 5.5% | 4.9% |
| Diluted EPS Growth | 29.2% | 15.5% | -0.4% | -1.6% | 1.4% |