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Operating Margin for CDW (CDW)

As of · Reported

Metric

TTM

7.3%

YoY change

−0.48pp

Trough year (2008)

-17.2%

Peak year (2024)

7.9%

Operating Margin history chart for CDW (CDW) from 1993 to 2025

Latest: 7.4%

Operating Margin change chart for CDW (CDW) from 1993 to 2025

Latest: −0.48pp

Operating Margin history table for CDW (CDW) from 1993 to 2025

  • 20257.4%-0.48pp
  • 20247.9%+0.00pp
  • 20237.9%+0.56pp
  • 20227.3%+0.49pp
  • 20216.8%+0.43pp
  • 20206.4%+0.10pp
  • 20196.3%+0.21pp
  • 20186.1%+0.24pp
  • 20175.8%-0.16pp
  • 20166.0%+0.28pp
  • 20155.7%+0.14pp
  • 20145.6%+0.85pp
  • 20134.7%-0.32pp
  • 20125.0%+0.14pp
  • 20114.9%+0.89pp
  • 20104.0%+4.45pp
  • 2009-0.4%+16.74pp
  • 2008-17.2%—
  • 20065.8%-0.83pp
  • 20056.7%-0.18pp
  • 20046.8%+0.75pp
  • 20036.1%-0.89pp
  • 20027.0%+0.22pp
  • 20016.8%+0.01pp
  • 20006.8%+0.59pp
  • 19996.2%+0.13pp
  • 19986.0%-0.27pp
  • 19976.3%+0.53pp
  • 19965.8%+0.86pp
  • 19954.9%+0.22pp
  • 19944.7%+0.12pp
  • 19934.6%—

Operating 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 Operating Margin at CDW (CDW)

According to CDW's latest reported financial statements, the company's latest reported operating margin is 7.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, CDW (CDW) operating margin totalled 7.38% – contracted 0.5 percentage points year-over-year.

The record annual operating margin stands at 7.86%, reached in 2024; the historical low of -17.19% was recorded in 2008.

CDW Operating Margin by Year

CDW Operating Margin 2025: 7.4%

In 2025, CDW reported operating margin of 7.38%, contracted 0.5 percentage points from 2024.

CDW Operating Margin 2024: 7.9%

CDW operating margin in 2024 was 7.86%, expanded 0.0 percentage points from 2023. This figure represents the highest annual value in the available history.

CDW Operating Margin 2023: 7.9%

2023's operating margin for CDW came in at 7.86%, expanded 0.6 percentage points from 2022.

CDW Operating Margin 2022: 7.3%

CDW posted operating margin of 7.31% in 2022, expanded 0.5 percentage points from 2021.

CDW Operating Margin 2021: 6.8%

CDW operating margin in 2021 was 6.82%.

See more financial history for CDW (CDW).

Sector peers by Operating Margin

Technology peers of CDW (CDW), ranked by their latest operating margin

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