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Side-by-side financial comparison of CDW Corporation (CDW) and C.H. Robinson (CHRW). Click either name above to swap in a different company.
CDW Corporation is the larger business by last-quarter revenue ($5.5B vs $4.0B, roughly 1.4× C.H. Robinson). On growth, CDW Corporation posted the faster year-over-year revenue change (6.3% vs -0.8%). Over the past eight quarters, CDW Corporation's revenue compounded faster (6.3% CAGR vs -5.4%).
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.
C.H. Robinson Worldwide, Inc. is an American transportation company that includes third-party logistics (3PL). The company offers freight transportation, transportation management, brokerage and warehousing. It offers truckload, less than truckload, air freight, intermodal, and ocean transportation.
CDW vs CHRW — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.5B | $4.0B |
| Net Profit | — | $147.2M |
| Gross Margin | 22.8% | 16.1% |
| Operating Margin | 7.8% | 3.6% |
| Net Margin | — | 3.7% |
| Revenue YoY | 6.3% | -0.8% |
| Net Profit YoY | — | — |
| 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 | — | $4.0B | ||
| Q4 25 | $5.5B | $3.9B | ||
| Q3 25 | $5.7B | $4.1B | ||
| Q2 25 | $6.0B | $4.1B | ||
| Q1 25 | $5.2B | $4.0B | ||
| Q4 24 | $5.2B | $4.2B | ||
| Q3 24 | $5.5B | $4.6B | ||
| Q2 24 | $5.4B | $4.5B |
| Q1 26 | — | $147.2M | ||
| Q4 25 | — | $136.3M | ||
| Q3 25 | $291.0M | $163.0M | ||
| Q2 25 | $271.2M | $152.5M | ||
| Q1 25 | $224.9M | $135.3M | ||
| Q4 24 | — | $149.3M | ||
| Q3 24 | $316.4M | $97.2M | ||
| Q2 24 | $281.1M | $126.3M |
| Q1 26 | — | 16.1% | ||
| 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 | — | 3.6% | ||
| Q4 25 | 7.8% | 4.6% | ||
| Q3 25 | 7.7% | 5.3% | ||
| Q2 25 | 7.0% | 5.2% | ||
| Q1 25 | 7.0% | 4.4% | ||
| Q4 24 | 7.9% | 4.4% | ||
| Q3 24 | 8.7% | 3.9% | ||
| Q2 24 | 8.0% | 4.0% |
| Q1 26 | — | 3.7% | ||
| Q4 25 | — | 3.5% | ||
| Q3 25 | 5.1% | 3.9% | ||
| Q2 25 | 4.5% | 3.7% | ||
| Q1 25 | 4.3% | 3.3% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | 5.7% | 2.1% | ||
| Q2 24 | 5.2% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | $2.13 | $1.12 | ||
| Q3 25 | $2.21 | $1.34 | ||
| Q2 25 | $2.05 | $1.26 | ||
| Q1 25 | $1.69 | $1.11 | ||
| Q4 24 | $1.97 | $1.23 | ||
| Q3 24 | $2.34 | $0.80 | ||
| Q2 24 | $2.07 | $1.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $618.7M | $159.7M |
| Total DebtLower is stronger | — | $1.3B |
| Stockholders' EquityBook value | $2.6B | — |
| Total Assets | $16.0B | $5.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $159.7M | ||
| Q4 25 | $618.7M | $160.9M | ||
| Q3 25 | $452.9M | $136.8M | ||
| Q2 25 | $481.0M | $156.0M | ||
| Q1 25 | $688.1M | $129.9M | ||
| Q4 24 | $717.7M | $145.8M | ||
| Q3 24 | $1.2B | $131.7M | ||
| Q2 24 | $665.3M | $113.2M |
| Q1 26 | — | $1.3B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $1.8B | ||
| Q3 25 | $2.5B | $1.9B | ||
| Q2 25 | $2.5B | $1.8B | ||
| Q1 25 | $2.3B | $1.7B | ||
| Q4 24 | $2.4B | $1.7B | ||
| Q3 24 | $2.3B | $1.6B | ||
| Q2 24 | $2.2B | $1.5B |
| Q1 26 | — | $5.2B | ||
| Q4 25 | $16.0B | $5.1B | ||
| Q3 25 | $15.2B | $5.2B | ||
| Q2 25 | $15.3B | $5.3B | ||
| Q1 25 | $15.0B | $5.2B | ||
| Q4 24 | $14.7B | $5.3B | ||
| Q3 24 | $14.4B | $5.6B | ||
| Q2 24 | $13.6B | $5.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.59× | ||
| Q3 25 | — | 0.64× | ||
| Q2 25 | — | 0.76× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | — | 0.95× | ||
| Q2 24 | — | 1.07× |
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 | $68.6M |
| Free Cash FlowOCF − Capex | $395.9M | — |
| FCF MarginFCF / Revenue | 7.2% | — |
| Capex IntensityCapex / Revenue | 0.7% | — |
| Cash ConversionOCF / Net Profit | — | 0.47× |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $68.6M | ||
| Q4 25 | $433.8M | $305.4M | ||
| Q3 25 | $328.3M | $275.4M | ||
| Q2 25 | $155.9M | $227.1M | ||
| Q1 25 | $287.2M | $106.5M | ||
| Q4 24 | $345.3M | $267.9M | ||
| Q3 24 | $342.1M | $108.1M | ||
| Q2 24 | $149.9M | $166.4M |
| Q1 26 | — | — | ||
| Q4 25 | $395.9M | $302.4M | ||
| Q3 25 | $298.5M | $269.5M | ||
| Q2 25 | $133.4M | $219.8M | ||
| Q1 25 | $260.3M | $103.2M | ||
| Q4 24 | $316.7M | $265.3M | ||
| Q3 24 | $308.5M | $103.3M | ||
| Q2 24 | $119.0M | $159.8M |
| Q1 26 | — | — | ||
| Q4 25 | 7.2% | 7.7% | ||
| Q3 25 | 5.2% | 6.5% | ||
| Q2 25 | 2.2% | 5.3% | ||
| Q1 25 | 5.0% | 2.5% | ||
| Q4 24 | 6.1% | 6.3% | ||
| Q3 24 | 5.6% | 2.2% | ||
| Q2 24 | 2.2% | 3.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.7% | 0.1% | ||
| Q3 25 | 0.5% | 0.1% | ||
| Q2 25 | 0.4% | 0.2% | ||
| Q1 25 | 0.5% | 0.1% | ||
| Q4 24 | 0.6% | 0.1% | ||
| Q3 24 | 0.6% | 0.1% | ||
| Q2 24 | 0.6% | 0.1% |
| Q1 26 | — | 0.47× | ||
| Q4 25 | — | 2.24× | ||
| Q3 25 | 1.13× | 1.69× | ||
| Q2 25 | 0.57× | 1.49× | ||
| Q1 25 | 1.28× | 0.79× | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | 1.08× | 1.11× | ||
| Q2 24 | 0.53× | 1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CDW
Segment breakdown not available.
CHRW
| Transportation | $3.6B | 91% |
| Sourcing | $369.2M | 9% |
