CDW Q4 2024 Earnings Report
Key Takeaways
CDW Corporation reported a 3.3% increase in net sales for the fourth quarter of 2024, reaching $5,186 million. While customers remained cautious, certain end-markets displayed signs of stability, and the company delivered strong gross margin and excellent cash flow.
Net sales increased by 3.3% to $5,186 million compared to Q4 2023.
Corporate segment Net sales increased 4.2% higher than 2023.
Small Business segment Net sales increased 4.4% higher than 2023.
Public segment Net sales increased 6.1% higher than 2023, driven by Healthcare.
CDW
CDW
CDW Revenue by Segment
Forward Guidance
For 2025, CDW continues to target exceeding US IT market growth by 200 to 300 basis points. To achieve this, they will maintain focus on meeting the evolving needs of their customers and remaining the partner of choice for technology brands.
Revenue & Expenses
Visualization of income flow from segment revenue to net income