CDW Corporation logo
CDWCDW Corporation

Is the gross margin high or low?

The gross margin of 20.95% is in line with its 5-year average of 20.49%, around the middle of its 5-year range (16.44%–22.99%).

As of Monday, June 29, 2026. 2.96% below its 12-month average of 21.59%.

Gross Margin

CDW Gross Margin

20.95%

Reported quarterly gross margin; no daily interpolation.

+22.14% 5Y
CDW Gross Margin

CDW Average Gross Margin Chart

CDW Gross Margin

CDW Current vs Average Gross Margin Chart

CDW Gross Margin Metrics

GROSS MARGIN

20.95%

GROSS MARGIN AVG TTM

21.59%

GROSS MARGIN AVG 3Y

21.55%

GROSS MARGIN AVG 5Y

20.49%

GROSS MARGIN AVG 10Y

18.69%

GROSS MARGIN AVG 15Y

17.83%

GROSS MARGIN AVG 20Y

16.52%

CURRENT VS TTM AVG

-2.96%

CURRENT VS 3Y AVG

-2.77%

CURRENT VS 5Y AVG

+2.23%

CURRENT VS 10Y AVG

+12.08%

CURRENT VS 15Y AVG

+17.50%

CURRENT VS 20Y AVG

+26.85%

CDW Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
CDW Corporation (CDW)$17.86B20.95%21.59%21.55%20.49%
Super Micro Computer, Inc. (SMCI)vs ›$18.21B8.39%12.41%14.56%14.90%
Onto Innovation Inc. (ONTO)vs ›$17.48B48.80%49.72%51.14%52.29%
Cognizant Technology Solutions Corporation (CTSH)vs ›$18.36B32.06%34.03%34.64%35.30%
Samsara Inc. (IOT)vs ›$18.52B76.25%76.43%74.63%73.21%
Fabrinet (FN)vs ›$18.93B11.96%12.22%12.38%12.25%
Nova Ltd. (NVMI)vs ›$16.68B57.46%57.60%57.07%57.02%
Nextpower Inc. (NXT)vs ›$16.63B32.39%33.16%27.27%23.09%
Akamai Technologies, Inc. (AKAM)vs ›$16.54B57.23%57.05%59.05%60.69%
Toast, Inc. (TOST)vs ›$16.33B26.23%24.88%22.51%20.91%

Gross Margin Analysis

Gross Margin

21.0%

(Revenue - COGS) / Revenue

Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Gross Margin FAQ

What is the gross margin for CDW Corporation (CDW)?
The gross margin for CDW stock is 20.95%.
Is CDW Corporation's gross margin high or low?
The gross margin of 20.95% is in line with its 5-year average of 20.49%, around the middle of its 5-year range (16.44%–22.99%).
What is the TTM average gross margin for CDW Corporation (CDW)?
The TTM average gross margin for CDW stock is 21.59%.
What is the 3Y average gross margin for CDW Corporation (CDW)?
The 3Y average gross margin for CDW stock is 21.55%.
What is the 5Y average gross margin for CDW Corporation (CDW)?
The 5Y average gross margin for CDW stock is 20.49%.
What is the 10Y average gross margin for CDW Corporation (CDW)?
The 10Y average gross margin for CDW stock is 18.69%.
What is the 15Y average gross margin for CDW Corporation (CDW)?
The 15Y average gross margin for CDW stock is 17.83%.
What is the 20Y average gross margin for CDW Corporation (CDW)?
The 20Y average gross margin for CDW stock is 16.52%.

CDW Gross Margin History

DATEGROSS MARGIN
2026-03-3120.95%
2025-12-3122.76%
2025-09-3021.88%
2025-06-3020.77%
2025-03-3121.59%
2024-12-3122.28%
2024-09-3021.77%
2024-06-3021.81%
2024-03-3121.82%
2023-12-3122.99%
2023-09-3021.81%
2023-06-3021.00%
2023-03-3121.35%
2022-12-3121.72%
2022-09-3019.84%
2022-06-3019.01%
2022-03-3118.56%
2021-12-3117.62%
2021-09-3017.26%
2021-06-3017.15%
2021-03-3116.44%
2020-12-3117.77%
2020-09-3017.36%
2020-06-3017.12%
2020-03-3117.24%
2019-12-3117.14%
2019-09-3016.64%
2019-06-3016.71%
2019-03-3116.98%
2018-12-3117.03%
2018-09-3016.32%
2018-06-3016.62%
2018-03-3116.75%
2017-12-3116.00%
2017-09-3016.33%
2017-06-3016.47%
2017-03-3117.00%
2016-12-3116.55%
2016-09-3016.57%
2016-06-3016.66%
2016-03-3116.83%
2015-12-3116.31%
2015-09-3016.20%
2015-06-3016.13%
2015-03-3116.57%
2014-12-3116.13%
2014-09-3015.53%
2014-06-3016.00%
2014-03-3116.03%
2013-12-3116.52%
2013-09-3016.00%
2013-06-3016.25%
2013-03-3116.67%
2012-12-3116.36%
2012-09-3016.49%
2012-06-3016.52%
2012-03-3116.58%
2011-12-3116.67%
2011-09-3016.30%
2011-06-3016.66%
2011-03-3116.51%
2010-12-3115.72%
2010-09-3015.52%
2010-06-3016.19%
2010-03-3115.82%
2009-12-3115.40%
2009-09-3015.35%
2007-06-3016.13%
2007-03-3116.21%
2006-12-3115.57%
2006-09-3015.40%
2006-06-3016.16%
2006-03-3115.98%
2005-12-3115.48%
2005-09-3015.26%
2005-06-3015.42%
2005-03-3115.35%
2004-12-3114.81%
2004-09-3015.09%
2004-06-3015.51%
2004-03-3115.30%
2003-12-3114.36%
2003-09-3014.41%
2003-06-3014.55%
2003-03-3114.48%
2002-12-3113.22%
2002-09-3013.64%
2002-06-3012.99%
2002-03-3112.98%
2001-12-3113.19%
2001-09-3013.52%
2001-06-3013.33%
2001-03-3113.18%
2000-12-3112.64%
2000-09-3012.76%
2000-06-3012.96%

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