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Side-by-side financial comparison of Ameriprise Financial (AMP) and CDW Corporation (CDW). Click either name above to swap in a different company.
CDW Corporation is the larger business by last-quarter revenue ($5.5B vs $4.9B, roughly 1.1× Ameriprise Financial). On growth, Ameriprise Financial posted the faster year-over-year revenue change (9.0% vs 6.3%). Over the past eight quarters, CDW Corporation's revenue compounded faster (6.3% CAGR vs 5.5%).
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-di...
CDW Corporation is an American multi-brand provider of information technology services, serving business, government, education, and healthcare sectors across the United States, the United Kingdom, and Canada. Headquartered in Vernon Hills, Illinois, CDW is a Fortune 500 and generated $21 billion in annual net sales in 2023.
AMP vs CDW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.9B | $5.5B |
| Net Profit | $915.0M | — |
| Gross Margin | — | 22.8% |
| Operating Margin | — | 7.8% |
| Net Margin | 18.7% | — |
| Revenue YoY | 9.0% | 6.3% |
| Net Profit YoY | 57.0% | — |
| EPS (diluted) | — | $2.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $4.9B | — | ||
| Q4 25 | $5.0B | $5.5B | ||
| Q3 25 | $4.9B | $5.7B | ||
| Q2 25 | $4.5B | $6.0B | ||
| Q1 25 | $4.5B | $5.2B | ||
| Q4 24 | $4.6B | $5.2B | ||
| Q3 24 | $4.6B | $5.5B | ||
| Q2 24 | $4.4B | $5.4B |
| Q1 26 | $915.0M | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $912.0M | $291.0M | ||
| Q2 25 | $1.1B | $271.2M | ||
| Q1 25 | $583.0M | $224.9M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $511.0M | $316.4M | ||
| Q2 24 | $829.0M | $281.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 22.8% | ||
| Q3 25 | — | 21.9% | ||
| Q2 25 | — | 20.8% | ||
| Q1 25 | — | 21.6% | ||
| Q4 24 | — | 22.3% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | 21.8% |
| Q1 26 | — | — | ||
| Q4 25 | 25.6% | 7.8% | ||
| Q3 25 | 24.0% | 7.7% | ||
| Q2 25 | 30.1% | 7.0% | ||
| Q1 25 | 15.3% | 7.0% | ||
| Q4 24 | 29.1% | 7.9% | ||
| Q3 24 | 14.1% | 8.7% | ||
| Q2 24 | 23.9% | 8.0% |
| Q1 26 | 18.7% | — | ||
| Q4 25 | 20.0% | — | ||
| Q3 25 | 18.6% | 5.1% | ||
| Q2 25 | 23.6% | 4.5% | ||
| Q1 25 | 13.0% | 4.3% | ||
| Q4 24 | 23.0% | — | ||
| Q3 24 | 11.2% | 5.7% | ||
| Q2 24 | 18.9% | 5.2% |
| Q1 26 | — | — | ||
| Q4 25 | $10.39 | $2.13 | ||
| Q3 25 | $9.33 | $2.21 | ||
| Q2 25 | $10.73 | $2.05 | ||
| Q1 25 | $5.83 | $1.69 | ||
| Q4 24 | $10.57 | $1.97 | ||
| Q3 24 | $5.00 | $2.34 | ||
| Q2 24 | $8.02 | $2.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.3B | $618.7M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $355.9B | $2.6B |
| Total Assets | $184.4B | $16.0B |
| Debt / EquityLower = less leverage | 0.01× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $8.3B | — | ||
| Q4 25 | — | $618.7M | ||
| Q3 25 | — | $452.9M | ||
| Q2 25 | — | $481.0M | ||
| Q1 25 | — | $688.1M | ||
| Q4 24 | — | $717.7M | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $665.3M |
| Q1 26 | $3.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $355.9B | — | ||
| Q4 25 | $6.5B | $2.6B | ||
| Q3 25 | $6.5B | $2.5B | ||
| Q2 25 | $6.1B | $2.5B | ||
| Q1 25 | $5.4B | $2.3B | ||
| Q4 24 | $5.2B | $2.4B | ||
| Q3 24 | $5.7B | $2.3B | ||
| Q2 24 | $5.0B | $2.2B |
| Q1 26 | $184.4B | — | ||
| Q4 25 | $190.9B | $16.0B | ||
| Q3 25 | $190.1B | $15.2B | ||
| Q2 25 | $184.9B | $15.3B | ||
| Q1 25 | $179.1B | $15.0B | ||
| Q4 24 | $181.4B | $14.7B | ||
| Q3 24 | $186.0B | $14.4B | ||
| Q2 24 | $179.7B | $13.6B |
| Q1 26 | 0.01× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $433.8M |
| Free Cash FlowOCF − Capex | — | $395.9M |
| FCF MarginFCF / Revenue | — | 7.2% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $433.8M | ||
| Q3 25 | $2.2B | $328.3M | ||
| Q2 25 | $1.8B | $155.9M | ||
| Q1 25 | $1.7B | $287.2M | ||
| Q4 24 | $383.0M | $345.3M | ||
| Q3 24 | $3.0B | $342.1M | ||
| Q2 24 | $1.7B | $149.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $395.9M | ||
| Q3 25 | $2.2B | $298.5M | ||
| Q2 25 | $1.7B | $133.4M | ||
| Q1 25 | $1.6B | $260.3M | ||
| Q4 24 | $325.0M | $316.7M | ||
| Q3 24 | $3.0B | $308.5M | ||
| Q2 24 | $1.7B | $119.0M |
| Q1 26 | — | — | ||
| Q4 25 | 52.0% | 7.2% | ||
| Q3 25 | 44.1% | 5.2% | ||
| Q2 25 | 38.4% | 2.2% | ||
| Q1 25 | 36.8% | 5.0% | ||
| Q4 24 | 7.0% | 6.1% | ||
| Q3 24 | 65.8% | 5.6% | ||
| Q2 24 | 38.8% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 0.7% | ||
| Q3 25 | 0.9% | 0.5% | ||
| Q2 25 | 0.8% | 0.4% | ||
| Q1 25 | 0.8% | 0.5% | ||
| Q4 24 | 1.2% | 0.6% | ||
| Q3 24 | 1.1% | 0.6% | ||
| Q2 24 | 0.4% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.65× | — | ||
| Q3 25 | 2.42× | 1.13× | ||
| Q2 25 | 1.66× | 0.57× | ||
| Q1 25 | 2.89× | 1.28× | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 5.96× | 1.08× | ||
| Q2 24 | 2.07× | 0.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMP
| Management and financial advice fees | $2.9B | 60% |
| Other | $872.0M | 18% |
| Distribution fees | $563.0M | 12% |
| Premiums, policy and contract charges | $341.0M | 7% |
| Other revenues | $166.0M | 3% |
CDW
Segment breakdown not available.
