CDW Balance Sheet
NASDAQ: CDWConsumer DiscretionaryCatalog/Specialty DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CDW financial position
At the end of fiscal 2025, CDW reported total assets of $16.03 billion, up 9.2% from a year earlier against total liabilities of $13.42 billion. Shareholders' equity stood at $2.61 billion, or 16.3% of assets. The company held $618.7 million in cash and equivalents against $5.63 billion of debt, a net debt position of $5.01 billion.
The current ratio (current assets divided by current liabilities) was 1.18, meaning short-term assets cover obligations due within a year. Debt-to-equity was 2.16.
Summary generated from market data by MetaCap's automated system. Methodology
CDW balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 618.70M | 503.50M | 588.70M | 315.20M | 258.10M | 1.41B | 154.00M | 205.80M | 144.20M | 263.70M |
| Short-Term Investments | 0 | 214.20M | 0 | — | — | — | — | — | — | — |
| Receivables | 6.31B | 5.14B | 4.57B | 4.46B | 4.50B | 3.21B | 3.00B | 2.67B | 2.33B | 2.17B |
| Inventory | 563.40M | 605.30M | 668.10M | 800.20M | 927.60M | 760.00M | 611.20M | 454.30M | 411.50M | 423.90M |
| Total Current Assets | 8.50B | 7.37B | 6.71B | 6.56B | 6.48B | 5.95B | 4.33B | 3.80B | 3.40B | 3.25B |
| Property, Plant & Equipment | 171.50M | 192.00M | 195.50M | 188.80M | 195.80M | 175.50M | 363.10M | 156.10M | 161.10M | 163.70M |
| Goodwill | 4.66B | 4.62B | 4.41B | 4.34B | 4.38B | 2.60B | 2.55B | 2.46B | 2.48B | 2.46B |
| Intangible Assets | 1.19B | 1.36B | 1.37B | 1.49B | 1.63B | 445.10M | 594.10M | 712.20M | 897.00M | 1.06B |
| Total Assets | 16.03B | 14.68B | 13.28B | 13.13B | 13.20B | 9.34B | 8.00B | 7.17B | 6.97B | 6.96B |
| Accounts Payable | 4.22B | 3.38B | 2.88B | 2.82B | 3.11B | 2.09B | 1.83B | 1.58B | 1.32B | 1.07B |
| Short-Term Debt | 1.01B | 235.80M | 613.10M | 56.30M | 102.70M | 70.90M | 34.10M | 25.30M | 25.50M | 18.50M |
| Total Current Liabilities | 7.23B | 5.47B | 5.44B | 4.95B | 5.10B | 3.90B | 3.49B | 2.80B | 2.52B | 2.29B |
| Long-Term Debt | 4.62B | 5.61B | 5.03B | 5.87B | 6.76B | 3.86B | 3.28B | 3.18B | 3.21B | 3.22B |
| Total Liabilities | 13.42B | 12.33B | 11.24B | 11.53B | 12.49B | 8.05B | 7.04B | 6.19B | 5.98B | 5.91B |
| Shareholders' Equity | 2.61B | 2.35B | 2.04B | 1.60B | 705.70M | 1.30B | 960.30M | 975.20M | 985.60M | 1.05B |
| Retained Earnings | -1.27B | -1.32B | -1.53B | -1.76B | -2.57B | -1.81B | -2.02B | -1.89B | -1.83B | -1.67B |
| Total Debt | 5.63B | 5.84B | 5.64B | 5.92B | 6.86B | 3.93B | 3.32B | 3.21B | 3.24B | 3.23B |
| Net Cash (Debt) | -5.01B | -5.13B | -5.06B | -5.61B | -6.60B | -2.52B | -3.16B | -3.00B | -3.09B | -2.97B |
| Shares Outstanding | 129.40M | 132.60M | 134.10M | 135.50M | 134.80M | 141.90M | 143.00M | 147.70M | 153.00M | 160.30M |
This table shows 10 annual periods of CDW's balance sheet, from FY 2025 back to FY 2016, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow CDW's reporting calendar. What is a balance sheet?