CDW Corp (CDW)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 1,077,800 | 1,104,300 | 1,114,500 | 988,600 | 788,500 |
Total stockholders’ equity | US$ in thousands | 2,352,700 | 2,042,500 | 1,603,300 | 705,700 | 1,297,100 |
ROE | 45.81% | 54.07% | 69.51% | 140.09% | 60.79% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,077,800K ÷ $2,352,700K
= 45.81%
CDW Corp's return on equity (ROE) has shown variability over the past five years. Starting at 60.79% on December 31, 2020, the ROE increased significantly to 140.09% by December 31, 2021. This substantial rise indicates that the company efficiently generated more profit from shareholders' equity, reflecting strong performance.
However, in the following years, the ROE decreased to 69.51% in 2022, 54.07% in 2023, and further declined to 45.81% by December 31, 2024. The downward trend suggests a weakening ability to generate profit from the shareholders' investment compared to the previous years.
Overall, fluctuations in ROE indicate that CDW Corp's profitability and efficiency in utilizing shareholder equity have varied, requiring further analysis to understand the underlying factors driving these changes.
Peer comparison
Dec 31, 2024