TTM
21.6%
YoY change
−0.18pp
Trough year (1999)
12.6%
Peak year (2024)
21.9%
Latest annual
21.7%
Gross Margin history chart for CDW (CDW) from 1993 to 2025
Latest: 21.7%
Gross Margin change chart for CDW (CDW) from 1993 to 2025
Latest: −0.18pp
Gross Margin history table for CDW (CDW) from 1993 to 2025
| 2025 | 21.7% | -0.18pp | ||
| 2024 | 21.9% | +0.15pp | ||
| 2023 | 21.8% | +2.03pp | ||
| 2022 | 19.7% | +2.60pp | ||
| 2021 | 17.1% | -0.24pp | ||
| 2020 | 17.4% | +0.52pp | ||
| 2019 | 16.9% | +0.19pp | ||
| 2018 | 16.7% | +0.15pp | ||
| 2017 | 16.5% | -0.51pp | ||
| 2016 | 17.0% | +0.74pp | ||
| 2015 | 16.3% | +0.38pp | ||
| 2014 | 15.9% | -0.43pp | ||
| 2013 | 16.3% | -0.14pp | ||
| 2012 | 16.5% | -0.01pp | ||
| 2011 | 16.5% | +0.69pp | ||
| 2010 | 15.8% | -0.01pp | ||
| 2009 | 15.8% | -1.05pp | ||
| 2008 | 16.9% | — | ||
| 2006 | 15.8% | +0.39pp | ||
| 2005 | 15.4% | +0.21pp | ||
| 2004 | 15.2% | +0.72pp | ||
| 2003 | 14.4% | +1.22pp | ||
| 2002 | 13.2% | -0.08pp | ||
| 2001 | 13.3% | +0.56pp | ||
| 2000 | 12.7% | +0.12pp | ||
| 1999 | 12.6% | -0.07pp | ||
| 1998 | 12.7% | -0.89pp | ||
| 1997 | 13.6% | +0.39pp | ||
| 1996 | 13.2% | +0.11pp | ||
| 1995 | 13.1% | -0.39pp | ||
| 1994 | 13.5% | +0.48pp | ||
| 1993 | 13.0% | — |
- 202521.7%-0.18pp
- 202421.9%+0.15pp
- 202321.8%+2.03pp
- 202219.7%+2.60pp
- 202117.1%-0.24pp
- 202017.4%+0.52pp
- 201916.9%+0.19pp
- 201816.7%+0.15pp
- 201716.5%-0.51pp
- 201617.0%+0.74pp
- 201516.3%+0.38pp
- 201415.9%-0.43pp
- 201316.3%-0.14pp
- 201216.5%-0.01pp
- 201116.5%+0.69pp
- 201015.8%-0.01pp
- 200915.8%-1.05pp
- 200816.9%—
- 200615.8%+0.39pp
- 200515.4%+0.21pp
- 200415.2%+0.72pp
- 200314.4%+1.22pp
- 200213.2%-0.08pp
- 200113.3%+0.56pp
- 200012.7%+0.12pp
- 199912.6%-0.07pp
- 199812.7%-0.89pp
- 199713.6%+0.39pp
- 199613.2%+0.11pp
- 199513.1%-0.39pp
- 199413.5%+0.48pp
- 199313.0%—
Gross Margin values are taken from CDW's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at CDW (CDW)
According to CDW's latest reported financial statements, the company's latest reported gross margin is 21.6%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for CDW (CDW) came in at 21.73% – contracted 0.2 percentage points year-over-year.
The highest annual gross margin of 21.92% was reported in 2024. The lowest in the available history was 12.63% in 1999.
CDW Gross Margin by Year
CDW Gross Margin 2025: 21.7%
CDW posted gross margin of 21.73% in 2025, contracted 0.2 percentage points from 2024.
CDW Gross Margin 2024: 21.9%
In 2024, CDW reported gross margin of 21.92%, expanded 0.2 percentage points from 2023. This figure represents the highest annual value in the available history.
CDW Gross Margin 2023: 21.8%
CDW gross margin in 2023 was 21.76%, expanded 2.0 percentage points from 2022.
CDW Gross Margin 2022: 19.7%
2022's gross margin for CDW came in at 19.73%, expanded 2.6 percentage points from 2021.
CDW Gross Margin 2021: 17.1%
CDW gross margin in 2021 was 17.14%.
See more financial history for CDW (CDW).
Sector peers by Gross Margin
Technology peers of CDW (CDW), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
Frequently asked questions
CDW (CDW) Key Financials
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