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.