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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CDW's retained earnings for the quarter that ended in Mar. 2026 was MXN-24,066 Mil.
CDW's quarterly retained earnings
increased
from Sep. 2025 (MXN-24,049 Mil) to Dec. 2025 (MXN-22,937 Mil) but then
declined
from Dec. 2025 (MXN-22,937 Mil) to Mar. 2026 (MXN-24,066 Mil).
CDW's annual retained earnings
declined
from Dec. 2023 (MXN-25,894 Mil) to Dec. 2024 (MXN-27,590 Mil) but then
increased
from Dec. 2024 (MXN-27,590 Mil) to Dec. 2025 (MXN-22,937 Mil).
CDW (MEX:CDW) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
CDW Retained Earnings Historical Data
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The historical data trend for CDW's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of MXN-24,066 Mil mean?
CDW (MEX:CDW) has a Retained Earnings of MXN-24,066 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on CDW and its competitors.
Is CDW's Retained Earnings too high?
CDW's current Retained Earnings is MXN-24,066 Mil. Overall, CDW has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CDW's Retained Earnings compare to BR and CTSH?
CDW's Retained Earnings of MXN-24,066 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Software company?
A good Retained Earnings depends on the Software industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on CDW and its competitors. CDW's current Retained Earnings is MXN-24,066 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDW stock overvalued right now?
Based on GuruFocus' analysis, CDW (MEX:CDW) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN5,637.41, compared to a current price of MXN2,410.00 — trading 57.2% below its estimated fair value. The current Retained Earnings is MXN-24,066 Mil. CDW's overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For CDW (MEX:CDW), the current Retained Earnings is MXN-24,066 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CDW (MEX:CDW) Overvalued in 2026?
Based on GuruFocus' analysis, CDW stock appears to be undervalued.
The current stock price of MXN2,410.00 is trading 57.2% below its estimated GF Value™ of MXN5,637.41.
GuruFocus considers CDW to be Significantly Undervalued.
Key valuation signals for MEX:CDW:
Retained Earnings: MXN-24,066 Mil
GF Value™: MXN5,637.41 vs. price of MXN2,410.00 (57.2% below fair value)
No single metric tells the full story. See the MEX:CDW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CDW Corp is a multi-brand provider of information technology (IT) solutions to businesses, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's offerings range from hardware and software products to integrated IT solutions and services, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. Its reportable segments are Corporate, Small Business, Public, and Other. The Corporate and Small Business segments serve US private sector business customers, while the Public segment consists of government agencies and education and healthcare institutions in the US. The Corporate segment generates the majority of its revenue in the United States.
54GF Score
Get the complete analysis for MEX:CDW
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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