CDW Corp (CDW)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,435,400 | 1,464,600 | 1,456,800 | 1,430,500 | 1,450,200 | 1,450,700 | 1,429,900 | 1,453,700 | 1,487,800 | 1,393,900 | 1,345,300 | 1,339,300 | 1,297,800 | 1,305,500 | 1,205,200 | 1,079,400 | 1,002,300 | 943,300 | 954,100 | 969,900 |
| Revenue (ttm) | US$ in thousands | 20,998,700 | 20,831,200 | 20,942,900 | 21,145,600 | 21,376,000 | 21,795,800 | 22,383,000 | 22,902,700 | 23,748,700 | 23,847,300 | 22,931,800 | 21,932,400 | 20,820,800 | 20,240,100 | 19,696,500 | 18,915,800 | 18,467,500 | 18,048,200 | 18,199,500 | 18,463,700 |
| Pretax margin | 6.84% | 7.03% | 6.96% | 6.77% | 6.78% | 6.66% | 6.39% | 6.35% | 6.26% | 5.85% | 5.87% | 6.11% | 6.23% | 6.45% | 6.12% | 5.71% | 5.43% | 5.23% | 5.24% | 5.25% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,435,400K ÷ $20,998,700K
= 6.84%
CDW Corp's pretax margin has shown a generally stable trend over the past few years, ranging from 5.23% to 7.03%. There was a slight increase from 5.25% on March 31, 2020, to a peak of 7.03% on September 30, 2024. However, the pretax margin dipped to 6.84% on December 31, 2024.
The company's ability to maintain its pretax margin indicates its efficiency in managing expenses relative to its pre-tax income. The fluctuations in pretax margin over the period may be influenced by various factors such as changes in operating expenses, cost of goods sold, operating income, and other financial metrics. It is important for investors and stakeholders to closely monitor CDW Corp's pretax margin to assess its profitability and financial performance.
Peer comparison
Dec 31, 2024