Company / Gross Margin
CDW Corporation Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
21.7%
FY2025
5-year range
17.1% / 21.9%
FY2021-FY2025
Trend
-0.9%
vs FY2024
Sector context
#197 of 223
Information Technology
What the data says
CDW Corporation's gross margin of 21.7% is lower than 88% of companies in the Information Technology sector (FY2025). Gross Margin has fluctuated over the past 10 years, ranging from 16.5% in FY2017 to 21.9% in FY2024.
Based on SEC 10-K filings.
21.7% in FY2025 with a 5-year CAGR of +4.3%.
Remained stable around 21.7% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +2.0pp
- 5-Year Change
- +4.3pp
- 10-Year Change
- -
Sector benchmark
Bottom 12% in Information TechnologyTop 88% of 223This company 21.7% Sector average 53.7%
▼
-59.5% below sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 0.9% year-over-year.
- Currently 32.0pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2024.
- Lowest gross margin in the period was in FY2017.
Company context
Key Data Points
- Strong return on equity: 41.4%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 21.7% | -0.9% |
| FY2024 | 21.9% | +0.7% |
| FY2023 | 21.8% | +10.3% |
| FY2022 | 19.7% | +15.1% |
| FY2021 | 17.1% | -1.4% |
| FY2020 | 17.4% | +3.1% |
| FY2019 | 16.9% | +1.1% |
| FY2018 | 16.7% | +0.9% |
| FY2017 | 16.5% | -3.0% |
| FY2016 | 17.0% | +4.5% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026