CDW Corp (CDW)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,435,400 | 1,450,200 | 1,487,800 | 1,297,800 | 1,002,300 |
| Revenue | US$ in thousands | 20,998,700 | 21,376,000 | 23,748,700 | 20,820,800 | 18,467,500 |
| Pretax margin | 6.84% | 6.78% | 6.26% | 6.23% | 5.43% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,435,400K ÷ $20,998,700K
= 6.84%
CDW Corp has shown a positive trend in its pretax margin over the years, increasing from 5.43% in December 31, 2020, to 6.84% in December 31, 2024. This indicates that the company has been able to effectively manage its operating expenses and generate higher pre-tax profits relative to its revenue. The consistent growth in pretax margin reflects improved efficiency and profitability in CDW Corp's operations, which is a positive sign for the company's financial health and performance. Overall, the increasing trend in pretax margin demonstrates CDW Corp's ability to enhance profitability and create value for its shareholders.
Peer comparison
Dec 31, 2024