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CDW (CDW) Gross Profit : $4,652 Mil (TTM As of Dec. 2023)


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What is CDW Gross Profit?

CDW's gross profit for the three months ended in Dec. 2023 was $1,154 Mil. CDW's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $4,652 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CDW's gross profit for the three months ended in Dec. 2023 was $1,154 Mil. CDW's Revenue for the three months ended in Dec. 2023 was $5,019 Mil. Therefore, CDW's Gross Margin % for the quarter that ended in Dec. 2023 was 22.99%.

CDW had a gross margin of 22.99% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of CDW was 21.77%. The lowest was 15.91%. And the median was 16.95%.


CDW Gross Profit Historical Data

The historical data trend for CDW's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CDW Gross Profit Chart

CDW Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,039.90 3,210.10 3,568.50 4,686.60 4,652.40

CDW Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,181.10 1,089.40 1,181.50 1,227.70 1,153.80

Competitive Comparison of CDW's Gross Profit

For the Information Technology Services subindustry, CDW's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CDW's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, CDW's Gross Profit distribution charts can be found below:

* The bar in red indicates where CDW's Gross Profit falls into.



CDW Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

CDW's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=21376 - 16723.6
=4,652

CDW's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5018.5 - 3864.7
=1,154

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,652 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

CDW's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,154 / 5018.5
=22.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


CDW  (NAS:CDW) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

CDW had a gross margin of 22.99% for the quarter that ended in Dec. 2023 => Competition eroding margins


CDW Gross Profit Related Terms

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CDW (CDW) Business Description

Traded in Other Exchanges
Address
75 Tri-State International, Lincolnshire, Chicago, IL, USA, 60069
CDW Corp is a value-added reseller operating in the U.S. (95% of sales) and Canada (5%). The company has more than 100,000 products on its line of cards that range from notebooks to data center software. Roughly half of CDW's revenue comes from midsize and large businesses, with the remaining from small businesses, government agencies, education institutions, and health-care organizations.
Executives
Christina M Corley officer: See Remarks 780 AEC DRIVE, WOOD DALE IL 60191
Christine A Leahy officer: See Remarks
Kelly J Grier director 155 HARLEM AVE., GLENVIEW IL 60025
Donna F Zarcone director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Marc Ellis Jones director C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, MILWAUKEE WI 53202
Carolyn Wiesenhahn officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Peter R Locy officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Miralles Albert Joseph Jr officer: See Remarks 151 N. FRANKLIN, CHICAGO IL 60606
Paul J Finnegan director, 10 percent owner PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Kebo Collin B. officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Frederick J. Kulevich officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Sanjay Mehrotra director C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Anthony R Foxx director 2710 WYCLIFF ROAD, RALEIGH NC 27607
Ilaria Mocciaro officer: See Remarks 2301 PATRIOT BLVD, GLENVIEW IL 60026
Matthew A. Troka officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061