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CDW (CDW) Earnings Yield (Joel Greenblatt) % : 6.37% (As of Mar. 2025)


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What is CDW Earnings Yield (Joel Greenblatt) %?

CDW's Enterprise Value for the quarter that ended in Mar. 2025 was $26,412 Mil. CDW's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was $1,683 Mil. CDW's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 6.37%.

The historical rank and industry rank for CDW's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

CDW' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.1   Med: 5.52   Max: 8.9
Current: 5.56

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of CDW was 8.90%. The lowest was 4.10%. And the median was 5.52%.

CDW's Earnings Yield (Joel Greenblatt) % is ranked better than
70.49% of 2843 companies
in the Software industry
Industry Median: 1.54 vs CDW: 5.56

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. CDW's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 13.73%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


CDW Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for CDW's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CDW Earnings Yield (Joel Greenblatt) % Chart

CDW Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 4.18 5.75 4.70 5.82

CDW Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.19 4.77 4.76 5.82 6.37

Competitive Comparison of CDW's Earnings Yield (Joel Greenblatt) %

For the Information Technology Services subindustry, CDW's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CDW's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, CDW's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where CDW's Earnings Yield (Joel Greenblatt) % falls into.


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CDW Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

CDWs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1649.9/28351.904
=5.82 %

CDW's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,683 Mil.



CDW  (NAS:CDW) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


CDW Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of CDW's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


CDW Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » CDW Corp (NAS:CDW) » Definitions » Earnings Yield (Joel Greenblatt) %
Traded in Other Exchanges
Address
200 North Milwaukee Avenue, Vernon Hills, IL, USA, 60061
CDW Corp is a multi-brand provider of information technology ("IT") solutions to small, medium, and large business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's broad array of offerings ranges from discrete hardware and software products to integrated IT solutions and services that include on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. The company has five operating segments namely, Corporate, Small Business, Public, CDW UK, and CDW Canada. The Corporate segment generates the majority of its revenue and serves USA private sector business customers.
Executives
Christine A Leahy officer: See Remarks
Miralles Albert Joseph Jr officer: See Remarks 151 N. FRANKLIN, CHICAGO IL 60606
Sona Chawla officer: See Remarks N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Christina M Corley officer: See Remarks 780 AEC DRIVE, WOOD DALE IL 60191
Kelly J Grier director 155 HARLEM AVE., GLENVIEW IL 60025
Donna F Zarcone director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Marc Ellis Jones director C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, MILWAUKEE WI 53202
Carolyn Wiesenhahn officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Peter R Locy officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Paul J Finnegan director, 10 percent owner PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Kebo Collin B. officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Frederick J. Kulevich officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Sanjay Mehrotra director C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Anthony R Foxx director 2710 WYCLIFF ROAD, RALEIGH NC 27607
Ilaria Mocciaro officer: See Remarks 2301 PATRIOT BLVD, GLENVIEW IL 60026