CDW Corp (CDW)
Return on equity (ROE)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 1,077,800 | 1,109,700 | 1,108,800 | 1,090,300 | 1,104,300 | 1,095,400 | 1,077,700 | 1,094,400 | 1,114,500 | 1,042,600 | 1,011,400 | 1,006,200 | 988,600 | 1,011,600 | 938,200 | 853,200 | 788,500 | 735,800 | 744,300 | 751,800 |
Total stockholders’ equity | US$ in thousands | 2,352,700 | 2,349,300 | 2,174,900 | 2,138,700 | 2,042,500 | 1,810,000 | 1,613,200 | 1,568,900 | 1,603,300 | 1,326,000 | 1,106,200 | 893,100 | 705,700 | 837,000 | 1,048,800 | 1,170,300 | 1,297,100 | 1,238,500 | 1,055,600 | 889,700 |
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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,077,800K ÷ $2,352,700K
= 45.81%
CDW Corp's return on equity (ROE) has exhibited significant fluctuations over the provided periods. The ROE was at a robust 84.50% on March 31, 2020, indicating efficient utilization of shareholder equity to generate profits. However, there was a gradual decline in ROE over the subsequent quarters, reaching a low of 54.07% by December 31, 2023.
The company then experienced a slight improvement in ROE, climbing back to 66.81% by June 30, 2023. This improvement continued, with ROE reaching 50.98% on both June 30, 2024, and September 30, 2024. This stability may indicate a more sustainable level of profitability relative to the previous periods of high volatility.
Overall, CDW Corp's ROE has shown fluctuations in performance, reflecting varying levels of efficiency in generating profits from shareholder equity. Investors and analysts may want to further investigate the factors contributing to these changes to assess the company's financial health and performance outlook.
Peer comparison
Dec 31, 2024