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Free Cash Flow CAGR:7.14%(TTM)

Over longer horizons, Free Cash Flow CAGR averages -3.63% over 3 years and -3.45% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Free cash flow CAGR measures how the company's cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.

CDW Free Cash Flow CAGR Chart

CDW Corporation (CDW)

CDW Quarterly Free Cash Flow Growth (YoY)

Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.

CDW Free Cash Flow CAGR History

YearStart FCFEnd FCFChange% ChangeCAGR
2025$1.15B$1.09B$-66.60M-5.77%-5.77%
2024$1.45B$1.15B$-295.80M-20.39%-20.39%
2023$1.21B$1.45B+$242.40M+20.06%+20.06%
2022$684.60M$1.21B+$523.50M+76.47%+76.47%
2021$1.16B$684.60M$-471.70M-40.79%-40.79%
2020$790.90M$1.16B+$365.40M+46.20%+46.20%
2019$819.80M$790.90M$-28.90M-3.53%-3.53%
2018$696.60M$819.80M+$123.20M+17.69%+17.69%
2017$540.50M$696.60M+$156.10M+28.88%+28.88%
2016$187.40M$540.50M+$353.10M+188.42%+188.42%
2015$380.00M$187.40M$-192.60M-50.68%-50.68%
2014$319.20M$380.00M+$60.80M+19.05%+19.05%
2013$276.00M$319.20M+$43.20M+15.65%+15.65%
2012$169.00M$276.00M+$107.00M+63.31%+63.31%
2011$382.20M$169.00M$-213.20M-55.78%-55.78%
2010$92.00M$382.20M+$290.20M+315.43%+315.43%
2009$133.10M$92.00M$-41.10M-30.88%-30.88%
2008$131.15M$133.10M+$1.95M+1.49%+1.49%
2006$254.60M$131.15M$-123.45M-48.49%-48.49%
2005$162.09M$254.60M+$92.50M+57.07%+57.07%
2004$114.04M$162.09M+$48.05M+42.14%+42.14%
2003$220.83M$114.04M$-106.79M-48.36%-48.36%
2002$279.91M$220.83M$-59.09M-21.11%-21.11%
2001$108.81M$279.91M+$171.11M+157.25%+157.25%
2000$13.37M$108.81M+$95.44M+713.82%+713.82%
1999$-10.59M$13.37M+$23.96MN/AN/A
1998$2.40M$-10.59M$-12.99M-541.08%N/A
1997$17.70M$2.40M$-15.30M-86.44%-86.44%
1996$9.10M$17.70M+$8.60M+94.46%+94.46%

Quarterly Free Cash Flow: QoQ & YoY

QuarterValueQoQYoY
Q1 2026$248.40M-37.3%-4.6%
Q4 2025$395.90M+32.6%+25.0%
Q3 2025$298.50M+123.8%-3.2%
Q2 2025$133.40M-48.8%+12.1%
Q1 2025$260.30M-17.8%-36.6%
Q4 2024$316.70M+2.7%-37.0%
Q3 2024$308.50M+159.2%-27.4%
Q2 2024$119.00M-71.0%-36.9%
Q1 2024$410.50M-18.4%+23.0%
Q4 2023$503.00M+18.3%+138.1%
Q3 2023$425.20M+125.5%+42.1%
Q2 2023$188.60M-43.5%-47.3%
Q1 2023$333.70M+57.9%-1.7%
Q4 2022$211.30M-29.4%+85.2%
Q3 2022$299.30M-16.4%+13.3%
Q2 2022$358.00M+5.4%

QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.

About CDW Corporation

CDW Corporation specializes in delivering comprehensive information technology services and products across North America and the United Kingdom. It strategically targets three core client divisions: corporate enterprises, small to medium-sized businesses, and public sector organizations. Their portfolio encompasses both individual hardware and software offerings, alongside sophisticated integrated IT solution packages. These comprehensive solutions span on-premise, hybrid, and cloud environments, addressing critical areas such as data center infrastructure, network management, digital workspace enablement, and robust security. Key hardware categories include mobile computing devices (laptops, tablets), network infrastructure components, desktop workstations, display units, and enterprise data storage systems, while software offerings feature application suites, cybersecurity tools, virtualization platforms, operating systems, and network management utilities. Beyond products, CDW delivers a broad spectrum of services, including expert advisory and design, custom software development, system implementation, ongoing managed services, specialized professional support, configuration assistance, and telecommunications solutions, complemented by product warranties. They also focus on providing mission-critical software, system, and network solutions. Furthermore, installation, deployment, and repair services are facilitated for customers, often leveraging a network of third-party partners. Their diverse clientele includes governmental bodies, educational institutions, healthcare providers, and businesses of all scales – from small enterprises to major corporations. Established in 1984, the company maintains its primary corporate offices in Vernon Hills, Illinois.

Vernon Hills, IL
15,100 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Christine A. Leahy