earnings
confidence high
sentiment positive
materiality 0.75
CDW Q4 GAAP EPS $1.57 (-4.5%), Non-GAAP $2.08 (+14%); raises dividend 25% to $0.50
CDW Corp
2021-FY EPS reported
$7.04
revenue$20,820,800,000
- Net sales $5.54B (+11.7% YoY); full year $20.82B (+12.7%).
- GAAP net income $215M (-9.7%); Non-GAAP net income $285M (+8.2%).
- Non-GAAP diluted EPS $2.08 (+14%); full year $7.97 (+20.9%).
- Quarterly dividend raised 25% to $0.50/share, payable Mar 10 to record Feb 25.
- CFO targets net leverage 2.5-3.0x by end of 2022, prioritizing debt reduction.