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