CDW (CDW) Ratios
CDW Ratios
MX:CDW's free cash flow for Q2 2026 was $165.80M. For the 2026 fiscal year, MX:CDW's free cash flow was decreased by $-53.90M and operating cash flow was $219.70M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.18 | 1.35 | 1.23 | 1.33 | 1.27 |
| Quick Ratio | 1.10 | 1.24 | 1.11 | 1.17 | 1.09 |
| Cash Ratio | 0.09 | 0.09 | 0.11 | 0.06 | 0.05 |
| Solvency Ratio | 0.10 | 0.11 | 0.12 | 0.12 | 0.09 |
| Operating Cash Flow Ratio | 0.17 | 0.23 | 0.29 | 0.27 | 0.15 |
| Short-Term Operating Cash Flow Coverage | 0.87 | 5.42 | 2.61 | 23.73 | 1.90 |
| Net Current Asset Value | $ -4.92B | $ -4.95B | $ -4.54B | $ -4.96B | $ -6.02B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.39 | 0.41 | 0.44 | 0.46 | 0.56 |
| Debt-to-Equity Ratio | 2.43 | 2.55 | 2.84 | 3.80 | 10.42 |
| Debt-to-Capital Ratio | 0.71 | 0.72 | 0.74 | 0.79 | 0.91 |
| Long-Term Debt-to-Capital Ratio | 0.65 | 0.70 | 0.71 | 0.79 | 0.91 |
| Financial Leverage Ratio | 6.15 | 6.24 | 6.50 | 8.19 | 18.70 |
| Debt Service Coverage Ratio | 0.98 | 3.48 | 1.91 | 5.62 | 2.36 |
| Interest Coverage Ratio | 7.28 | 7.70 | 7.42 | 7.36 | 9.40 |
| Debt to Market Cap | 0.35 | 0.25 | 0.18 | 0.25 | 0.25 |
| Interest Debt Per Share | 49.95 | 46.39 | 44.84 | 46.85 | 54.18 |
| Net Debt to EBITDA | 2.93 | 2.85 | 2.68 | 2.87 | 4.33 |
| Profitability Margins | |||||
| Gross Profit Margin | 21.73% | 21.92% | 21.76% | 19.73% | 17.14% |
| EBIT Margin | 7.38% | 7.86% | 7.84% | 7.26% | 6.96% |
| EBITDA Margin | 8.70% | 9.17% | 9.11% | 8.48% | 7.88% |
| Operating Profit Margin | 7.38% | 7.86% | 7.86% | 7.31% | 6.82% |
| Pretax Profit Margin | 6.37% | 6.84% | 6.78% | 6.26% | 6.23% |
| Net Profit Margin | 4.76% | 5.13% | 5.17% | 4.69% | 4.75% |
| Continuous Operations Profit Margin | 4.76% | 5.13% | 5.17% | 4.69% | 4.75% |
| Net Income Per EBT | 74.72% | 75.09% | 76.15% | 74.91% | 76.18% |
| EBT Per EBIT | 86.22% | 86.93% | 86.28% | 85.74% | 91.46% |
| Return on Assets (ROA) | 6.65% | 7.34% | 8.31% | 8.49% | 7.49% |
| Return on Equity (ROE) | 40.93% | 45.81% | 54.07% | 69.51% | 140.09% |
| Return on Capital Employed (ROCE) | 18.81% | 17.94% | 21.43% | 21.20% | 17.51% |
| Return on Invested Capital (ROIC) | 12.13% | 13.13% | 15.14% | 15.77% | 12.69% |
| Return on Tangible Assets | 10.48% | 12.39% | 14.72% | 15.27% | 13.75% |
| Earnings Yield | 5.96% | 4.63% | 3.61% | 4.62% | 3.49% |
| Efficiency Ratios | |||||
| Receivables Turnover | 3.27 | 3.72 | 4.24 | 4.80 | 4.22 |
| Payables Turnover | 4.16 | 4.85 | 5.80 | 6.76 | 5.54 |
| Inventory Turnover | 31.15 | 27.09 | 25.03 | 23.82 | 18.60 |
| Fixed Asset Turnover | 72.76 | 67.26 | 65.91 | 70.26 | 59.25 |
| Asset Turnover | 1.40 | 1.43 | 1.61 | 1.81 | 1.58 |
| Working Capital Turnover Ratio | 14.13 | 13.28 | 14.84 | 15.84 | 12.11 |
| Cash Conversion Cycle | 35.72 | 36.34 | 37.73 | 37.38 | 40.25 |
| Days of Sales Outstanding | 111.77 | 98.13 | 86.02 | 76.08 | 86.51 |
| Days of Inventory Outstanding | 11.72 | 13.47 | 14.58 | 15.32 | 19.62 |
| Days of Payables Outstanding | 87.76 | 75.27 | 62.88 | 54.02 | 65.89 |
| Operating Cycle | 123.48 | 111.61 | 100.61 | 91.41 | 106.14 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 9.18 | 9.55 | 11.88 | 9.88 | 5.66 |
| Free Cash Flow Per Share | 8.29 | 8.63 | 10.78 | 8.94 | 4.94 |
| Dividend Paid and CapEx Coverage Ratio | 2.70 | 2.81 | 3.40 | 3.26 | 2.34 |
| Capital Expenditure Coverage Ratio | 10.29 | 10.42 | 10.79 | 10.45 | 7.85 |
| Operating Cash Flow Coverage Ratio | 0.19 | 0.21 | 0.28 | 0.22 | 0.11 |
| Operating Cash Flow to Sales Ratio | 0.05 | 0.06 | 0.07 | 0.06 | 0.04 |
| Free Cash Flow Yield | 6.08% | 4.96% | 4.74% | 5.00% | 2.41% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 16.75 | 21.59 | 27.71 | 21.66 | 28.69 |
| Price-to-Sales (P/S) Ratio | 0.80 | 1.11 | 1.43 | 1.02 | 1.36 |
| Price-to-Book (P/B) Ratio | 6.86 | 9.90 | 14.98 | 15.06 | 40.19 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 16.44 | 20.17 | 21.09 | 19.99 | 41.43 |
| Price-to-Operating Cash Flow Ratio | 14.84 | 18.23 | 19.14 | 18.07 | 36.15 |
| Price-to-Earnings Growth (PEG) Ratio | 19.29 | -12.65 | -57.08 | 1.41 | 0.99 |
| Enterprise Value Multiple | 12.10 | 14.95 | 18.39 | 14.86 | 21.62 |
| Enterprise Value | 23.60B | 28.77B | 35.82B | 29.93B | 35.46B |
| EV to EBITDA | 12.10 | 14.95 | 18.39 | 14.86 | 21.62 |
| EV to Sales | 1.05 | 1.37 | 1.68 | 1.26 | 1.70 |
| EV to Free Cash Flow | 21.68 | 24.92 | 24.69 | 24.77 | 51.79 |
| EV to Operating Cash Flow | 19.58 | 22.53 | 22.40 | 22.40 | 45.19 |
| Tangible Book Value Per Share | -24.70 | -27.09 | -27.79 | -31.29 | -38.31 |
| Shareholders’ Equity Per Share | 19.85 | 17.58 | 15.17 | 11.86 | 5.10 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.25 | 0.24 | 0.25 | 0.24 |
| Revenue Per Share | 170.79 | 156.94 | 158.81 | 175.66 | 150.33 |
| Net Income Per Share | 8.12 | 8.06 | 8.20 | 8.24 | 7.14 |
| Tax Burden | 0.75 | 0.75 | 0.76 | 0.75 | 0.76 |
| Interest Burden | 0.86 | 0.87 | 0.86 | 0.86 | 0.90 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.14 | 0.14 | 0.00 | 0.12 | 0.10 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.13 | 1.19 | 1.45 | 1.20 | 0.79 |
Currency in USD
