CDW Q4 2024 Net Sales $5.19B, Full Year $21.0B; Declares $0.625 Dividend, $750M Buyback Increase

CDW Corp

2024-FY EPS reported $7.97 revenue$20,998,700,000

Q4 2024 net sales rose 3.3% to $5,186M, operating income $408.6M, net income $264.2M ($1.97 per share).
Full year 2024 net sales fell 1.8% to $20,998.7M, net income $1,077.8M ($7.97 per share).
Board declared a quarterly cash dividend of $0.625 per share (1% increase), payable March 11, 2025 to record Feb 25, 2025.
Board authorized a $750M increase to the share repurchase program, incremental to the ~$588M remaining as of Dec 31, 2024.
CEO Christine Leahy stated CDW targets exceeding US IT market growth by 200-300 bps in 2025.

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