CDW (CDW) vs PC Connection (CNXN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
PC Connection (CNXN) has outperformed CDW (CDW) over the past year, gaining 54.1% versus a loss of 11.9%. Over five years, CNXN leads with a +108.1% price change compared with -23.0% for CDW. CDW is the larger company by market cap ($17.49 billion vs $2.29 billion), about 7.6 times the size.
On valuation, CDW trades at a lower forward P/E (11.6x vs 20.4x for PC Connection). CDW offers the higher dividend yield (1.80% vs 0.77%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CDW | CNXN |
|---|---|---|
| Share price | $139.88 | $90.89 |
| Market cap | $17.49B | $2.29B |
| 1-day change | +2.24% | -1.19% |
| YTD return | +0.46% | +59.25% |
| 1-year return | -11.87% | +54.15% |
| 5-year return | -23.01% | +108.10% |
| P/E ratio (TTM) | 16.81 | 24.04 |
| Forward P/E | 11.64 | 20.36 |
| EPS (TTM) | $8.32 | $3.78 |
| Dividend yield | 1.80% | 0.77% |
| Annual dividend | $2.52 | $0.70 |
| Revenue (latest FY) | $22.42B | — |
| Revenue growth (YoY) | +6.79% | — |
| Net income (latest FY) | $1.07B | — |
| Gross margin | 21.73% | — |
| Operating margin | 7.38% | — |
| Net margin | 4.76% | — |
| 52-week high | $161.10 | $93.89 |
| 52-week low | $97.12 | $54.97 |
| Distance from 52-week high | -13.17% | -3.20% |
| Analyst consensus | none | none |
| Avg. price target upside | +13.43% | -8.68% |
| Average volume | 1.75M | 146.49K |
| Shares outstanding | 125.02M | 25.24M |
| Employees | 14,800 | 2,525 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Catalog/Specialty Distribution | Catalog/Specialty Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CDW is about 7.6 times larger than PC Connection by market value ($17.49B vs $2.29B).
- CNXN has outperformed CDW by 66.0 percentage points over the past year.
- PC Connection trades at a higher earnings multiple (24.0x vs 16.8x trailing P/E).
- CDW offers a meaningfully higher dividend yield (1.80% vs 0.77%).
About CDW
CDW stock →CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Commercial, Government, and Education.
Consumer Discretionary · Catalog/Specialty Distribution · 14,800 employees
About PC Connection
CNXN stock →PC Connection, Inc., together with its subsidiaries, provides various information technology (IT) solutions worldwide. It operates in three segments: Connection Enterprise Solutions, Connection Business Solutions, and Connection Public Sector Solutions.
Consumer Discretionary · Catalog/Specialty Distribution · 2,525 employees
CDW vs CNXN FAQ
Which is bigger, CDW or PC Connection?
CDW (CDW) is larger, with a market capitalization of $17.49B compared with $2.29B for PC Connection (CNXN).
Which stock has performed better over the past year, CDW or CNXN?
CNXN returned +54.15% over the past 12 months, compared with -11.87% for CDW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CDW or CNXN?
CDW has the lower trailing P/E at 16.8, versus 24.0 for CNXN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CDW or PC Connection?
CDW has the higher yield at 1.80%, compared with 0.77% for PC Connection.
Are CDW and PC Connection in the same industry?
Yes. Both are classified in the Catalog/Specialty Distribution industry within the Consumer Discretionary sector.