CDW Corp (CDW)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	1,104,300	1,114,500	988,600	788,500	736,800
Revenue	US$ in thousands	21,149,400	23,513,000	20,669,900	18,312,600	17,873,000
Net profit margin		5.22%	4.74%	4.78%	4.31%	4.12%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $1,104,300K ÷ $21,149,400K
= 5.22%

The net profit margin of CDW Corp has shown a generally positive trend over the past five years, increasing from 4.09% in 2019 to 5.17% in 2023. This indicates that the company has been able to improve its profitability in terms of generating net income for each dollar of revenue earned. The consistent improvement in the net profit margin suggests effective cost management, pricing strategies, and operational efficiency within the company. Overall, the increasing trend in net profit margin reflects positively on CDW Corp's financial performance and ability to generate profits.

Peer comparison

Dec 31, 2023

Company name

Symbol

Net profit margin

CDW Corp

CDW

5.22%

Insight Enterprises Inc