Operating Cash Flow CAGR:6.07%(TTM)
Operating cash flow CAGR uses precomputed cash-flow statement history (cash from operations, before capital expenditures).
Over longer horizons, Operating Cash Flow CAGR averages -3.33% over 3 years and -3.64% 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. Operating cash flow CAGR measures the compound annual growth rate of the cash CDW Corporation generates from its core business operations, before capital expenditures, computed from rolling-twelve-month cash-flow statement history.
CDW Operating Cash Flow CAGR Chart
CDW Corporation (CDW)
CDW Quarterly Operating Cash Flow Growth (YoY)
Operating Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
CDW Operating Cash Flow CAGR History
| Year | Start OCF | End OCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $1.28B | $1.21B | $-72.10M | -5.64% | -5.64% |
| 2024 | $1.60B | $1.28B | $-321.40M | -20.10% | -20.10% |
| 2023 | $1.34B | $1.60B | +$262.80M | +19.67% | +19.67% |
| 2022 | $784.60M | $1.34B | +$551.30M | +70.27% | +70.27% |
| 2021 | $1.31B | $784.60M | $-529.70M | -40.30% | -40.30% |
| 2020 | $1.03B | $1.31B | +$287.10M | +27.95% | +27.95% |
| 2019 | $905.90M | $1.03B | +$121.30M | +13.39% | +13.39% |
| 2018 | $777.70M | $905.90M | +$128.20M | +16.48% | +16.48% |
| 2017 | $604.00M | $777.70M | +$173.70M | +28.76% | +28.76% |
| 2016 | $277.50M | $604.00M | +$326.50M | +117.66% | +117.66% |
| 2015 | $435.00M | $277.50M | $-157.50M | -36.21% | -36.21% |
| 2014 | $366.30M | $435.00M | +$68.70M | +18.76% | +18.76% |
| 2013 | $317.40M | $366.30M | +$48.90M | +15.41% | +15.41% |
| 2012 | $214.70M | $317.40M | +$102.70M | +47.83% | +47.83% |
| 2011 | $423.70M | $214.70M | $-209.00M | -49.33% | -49.33% |
| 2010 | $107.60M | $423.70M | +$316.10M | +293.77% | +293.77% |
| 2009 | $174.20M | $107.60M | $-66.60M | -38.23% | -38.23% |
| 2008 | $216.71M | $174.20M | $-42.51M | -19.62% | -19.62% |
| 2006 | $303.66M | $216.71M | $-86.95M | -28.63% | -28.63% |
| 2005 | $184.21M | $303.66M | +$119.45M | +64.85% | +64.85% |
| 2004 | $125.42M | $184.21M | +$58.79M | +46.87% | +46.87% |
| 2003 | $231.41M | $125.42M | $-105.99M | -45.80% | -45.80% |
| 2002 | $302.40M | $231.41M | $-71.00M | -23.48% | -23.48% |
| 2001 | $141.82M | $302.40M | +$160.58M | +113.23% | +113.23% |
| 2000 | $22.53M | $141.82M | +$119.29M | +529.46% | +529.46% |
| 1999 | $4.52M | $22.53M | +$18.01M | +398.03% | +398.03% |
| 1998 | $19.50M | $4.52M | $-14.98M | -76.80% | -76.80% |
| 1997 | $28.77M | $19.50M | $-9.27M | -32.23% | -32.23% |
| 1996 | $11.20M | $28.77M | +$17.57M | +156.91% | +156.91% |
Quarterly Operating Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $274.80M | -36.7% | -4.3% |
| Q4 2025 | $433.80M | +32.1% | +25.6% |
| Q3 2025 | $328.30M | +110.6% | -4.0% |
| Q2 2025 | $155.90M | -45.7% | +4.0% |
| Q1 2025 | $287.20M | -16.8% | -34.7% |
| Q4 2024 | $345.30M | +0.9% | -35.6% |
| Q3 2024 | $342.10M | +128.2% | -27.0% |
| Q2 2024 | $149.90M | -65.9% | -34.3% |
| Q1 2024 | $440.00M | -18.0% | +20.4% |
| Q4 2023 | $536.50M | +14.5% | +121.8% |
| Q3 2023 | $468.60M | +105.3% | +40.8% |
| Q2 2023 | $228.20M | -37.5% | -40.0% |
| Q1 2023 | $365.40M | +51.1% | -4.0% |
| Q4 2022 | $241.90M | -27.3% | +63.6% |
| Q3 2022 | $332.90M | -12.5% | +14.1% |
| Q2 2022 | $380.30M | -0.1% | — |
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.
- Sector
- Technology
- Industry
- Information Technology Services
- CEO
- Christine A. Leahy