CDW Corp (CDW)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,651,300 | 1,680,900 | 1,735,200 | 1,419,000 | 731,600 |
| Total assets | US$ in thousands | 14,678,400 | 13,284,600 | 13,131,500 | 13,199,400 | 9,344,700 |
| Operating ROA | 11.25% | 12.65% | 13.21% | 10.75% | 7.83% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,651,300K ÷ $14,678,400K
= 11.25%
CDW Corp's operating return on assets (operating ROA) has shown an improving trend over the years, increasing from 7.83% as of December 31, 2020, to 11.25% as of December 31, 2024. This indicates that the company has been more effective in generating operating income relative to its total assets. The peak operating ROA of 13.21% on December 31, 2022, suggests that CDW Corp achieved its highest level of profitability efficiency during that period. However, the slight decline in operating ROA to 12.65% on December 31, 2023, followed by a further decrease to 11.25% by the end of 2024, may warrant closer examination to identify the factors contributing to this decline. Overall, CDW Corp's operating ROA demonstrates a positive performance trajectory, signaling an improvement in operational efficiency and asset utilization over the observed period.
Peer comparison
Dec 31, 2024