CDW Corporation Website

CDW Corporation

NasdaqGS-CDW

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

18,032.4

18,467.5

20,820.8

23,748.7

21,376

20,942.9

Total Revenues % Chg.

11%

2.4%

12.7%

14.1%

-10%

-6.4%

Cost of Goods Sold, Total

14,992.5

15,257.4

17,252.3

19,062.1

16,723.6

16,315

Gross Profit

3,039.9

3,210.1

3,568.5

4,686.6

4,652.4

4,627.9

Selling General & Admin Expenses, Total

1,906.3

2,030.9

2,114.5

2,903.1

2,893.8

2,911.3

Other Operating Expenses, Total

1,906.3

2,030.9

2,114.5

2,903.1

2,893.8

2,911.3

Operating Income

1,133.6

1,179.2

1,454

1,783.5

1,758.6

1,716.6

Interest Expense, Total

-159.4

-154.9

-150.9

-235.7

-226.6

-214.3

Net Interest Expenses

-159.4

-154.9

-150.9

-235.7

-226.6

-214.3

Income (Loss) On Equity Invest.

—

—

—

—

—

—

—

—

—

Other Non Operating Income (Expenses)

-24.5

-22

29.7

-10.1

-4.1

-3.4

EBT, Excl. Unusual Items

949.7

1,002.3

1,332.8

1,537.7

1,527.9

1,498.9

Restructuring Charges

—

—

—

—

—

—

—

—

—

-47.7

-12.1

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

-35

-48.3

-30

-30

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

—

Other Unusual Items

—

—

—

—

—

-1.6

—

—

EBT, Incl. Unusual Items

949.7

1,002.3

1,297.8

1,487.8

1,450.2

1,456.8

Income Tax Expense

212.9

213.8

309.2

373.3

345.9

348

Earnings From Continuing Operations

736.8

788.5

988.6

1,114.5

1,104.3

1,108.8

Net Income

736.8

788.5

988.6

1,114.5

1,104.3

1,108.8

Net Income to Common Incl Extra Items

736.8

788.5

988.6

1,114.5

1,104.3

1,108.8

Net Income to Common Excl. Extra Items

736.8

788.5

988.6

1,114.5

1,104.3

1,108.8

Total Shares Outstanding

143

141.9

134.8

135.5

134.1

133.6

Weighted Avg. Shares Outstanding

145.1

142.6

138.5

135.2

134.6

134.2

Weighted Avg. Shares Outstanding Dil

147.8

144.8

140.5

137

136.3

135.9

EPS

5.1

5.5

7.1

8.2

8.2

8.3

EPS Diluted

5

5.5

7

8.1

8.1

8.2

EBITDA

1,400.7

1,604.8

1,645.2

2,074.1

2,029.3

1,987.4

Effective Tax Rate

22.4%

21.3%

23.8%

25.1%

23.9%

23.9%