CDW Corp (CDW)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 21.92% | 22.27% | 22.28% | 22.06% | 21.94% | 21.47% | 20.93% | 20.40% | 19.73% | 18.79% | 18.15% | 17.68% | 17.14% | 17.16% | 17.18% | 17.18% | 17.38% | 17.21% | 17.02% | 16.92% |
| Operating profit margin | 7.87% | 8.06% | 8.00% | 7.82% | 7.53% | 7.43% | 7.19% | 7.12% | 7.31% | 6.83% | 6.75% | 6.76% | 6.82% | 6.98% | 6.82% | 6.64% | 6.39% | 6.27% | 6.23% | 6.23% |
| 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% |
| Net profit margin | 5.13% | 5.33% | 5.29% | 5.16% | 5.17% | 5.03% | 4.81% | 4.78% | 4.69% | 4.37% | 4.41% | 4.59% | 4.75% | 5.00% | 4.76% | 4.51% | 4.27% | 4.08% | 4.09% | 4.07% |
CDW Corp's profitability ratios have shown a generally positive trend over the observed period. The Gross Profit Margin has been increasing steadily from 16.92% as of March 31, 2020, to 22.27% by September 30, 2024. This indicates the company's ability to control production costs and generate higher profits on sales.
Similarly, the Operating Profit Margin has also exhibited an upward trend, improving from 6.23% in March 31, 2020, to 8.06% by September 30, 2024. This shows that CDW Corp has been effectively managing its operating expenses to enhance profitability.
The Pretax Margin, which reflects the company's profitability before taxes, has shown fluctuations but generally increased from 5.25% in March 31, 2020, to 7.03% by September 30, 2024. This suggests efficient cost management and revenue generation strategies by the company.
Lastly, the Net Profit Margin, representing the proportion of revenue that translates into net income, has improved from 4.07% in March 31, 2020, to 5.33% by September 30, 2024. This indicates CDW Corp's ability to control other expenses and taxes, resulting in higher profitability.
Overall, the trend in CDW Corp's profitability ratios reflects positive financial performance and efficiency in managing costs and generating profits over the observed period.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.26% | 11.68% | 12.29% | 12.54% | 12.11% | 12.59% | 12.39% | 12.78% | 13.21% | 12.08% | 11.34% | 10.97% | 10.75% | 15.67% | 14.94% | 13.88% | 12.62% | 12.26% | 12.96% | 13.99% |
| Return on assets (ROA) | 7.34% | 7.72% | 8.13% | 8.26% | 8.31% | 8.51% | 8.30% | 8.57% | 8.49% | 7.74% | 7.41% | 7.45% | 7.49% | 11.23% | 10.43% | 9.42% | 8.44% | 7.98% | 8.51% | 9.14% |
| Return on total capital | 70.49% | 71.70% | 77.28% | 77.58% | 82.26% | 93.25% | 103.88% | 108.30% | 107.89% | 125.89% | 143.71% | 171.03% | 207.61% | 169.78% | 128.92% | 107.90% | 91.29% | 91.30% | 107.39% | 129.31% |
| Return on equity (ROE) | 45.81% | 47.24% | 50.98% | 50.98% | 54.07% | 60.52% | 66.81% | 69.76% | 69.51% | 78.63% | 91.43% | 112.66% | 140.09% | 120.86% | 89.45% | 72.90% | 60.79% | 59.41% | 70.51% | 84.50% |
CDW Corp's profitability ratios show variations over the periods examined.
1. Operating Return on Assets (Operating ROA) ranged from around 10.75% to 15.67% during the last quarter of 2021 and the third quarter of 2022 before declining slightly to 11.26% by the end of 2024. These figures demonstrate the company's ability to generate profits from its operating activities relative to its total assets.
2. Return on Assets (ROA) fluctuated between 7.34% and 11.23% from the second quarter of 2024 and the third quarter of 2021. This ratio reflects the efficiency of CDW in using its assets to generate profits, with improvements over the period analyzed.
3. Return on Total Capital peaked at 207.61% by the end of 2021, indicating the company's ability to generate significant returns for its capital providers. However, this ratio declined gradually to 70.49% by the end of 2024, signaling a decrease in the efficiency of utilizing its total capital to generate returns.
4. Return on Equity (ROE) was volatile, ranging from 45.81% to 140.09% during the period studied. This ratio shows the return generated for the shareholders' equity, with the company exhibiting fluctuations in profitability relative to the shareholders' investments.
Overall, CDW Corp has shown varying levels of profitability over the analyzed periods, with different trends in each profitability ratio. Further analysis and comparison with industry benchmarks may provide additional insights into the company's financial performance.