CDW Corporation
CDW · NASDAQ
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $291,000 | $271,200 | $224,900 | $264,200 |
| Dep. & Amort. | $73,300 | $73,300 | $74,900 | $69,500 |
| Deferred Tax | $26,700 | -$15,800 | -$14,100 | $12,900 |
| Stock-Based Comp. | $27,100 | $23,500 | $20,500 | $13,900 |
| Change in WC | -$101,400 | -$204,000 | -$25,600 | -$31,100 |
| Other Non-Cash | $11,600 | $7,700 | $6,600 | $15,900 |
| Operating Cash Flow | $328,300 | $155,900 | $287,200 | $345,300 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$29,800 | -$22,500 | -$26,900 | -$28,600 |
| Net Acquisitions | $0 | $0 | -$5,000 | -$323,700 |
| Inv. Purchases | $0 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $0 | $0 | $0 |
| Other Inv. Act. | -$100 | $209,000 | $0 | -$1,400 |
| Investing Cash Flow | -$29,900 | $186,500 | -$31,900 | -$353,700 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $0 | -$225,100 | $14,000 | -$183,600 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | -$149,900 | -$150,000 | -$200,100 | -$146,000 |
| Dividends Paid | -$81,800 | -$82,300 | -$82,800 | -$83,100 |
| Other Fin. Act. | -$87,800 | $102,300 | -$25,200 | -$3,500 |
| Financing Cash Flow | -$319,500 | -$355,100 | -$294,100 | -$416,200 |
| Forex Effect | -$7,000 | $18,300 | $6,700 | -$14,400 |
| Net Chg. in Cash | -$28,100 | $5,600 | -$32,100 | -$439,000 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $481,200 | $475,600 | $507,700 | $946,700 |
| End Cash | $453,100 | $481,200 | $475,600 | $507,700 |
| Free Cash Flow | $298,500 | $133,400 | $260,300 | $316,700 |