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Side-by-side financial comparison of CDW Corporation (CDW) and IMPERIAL OIL LTD (IMO). Click either name above to swap in a different company.
IMPERIAL OIL LTD is the larger business by last-quarter revenue ($8.2B vs $5.5B, roughly 1.5× CDW Corporation). On growth, CDW Corporation posted the faster year-over-year revenue change (6.3% vs -10.5%). IMPERIAL OIL LTD produced more free cash flow last quarter ($938.8M vs $395.9M). Over the past eight quarters, CDW Corporation's revenue compounded faster (6.3% CAGR vs -4.2%).
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.
Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-largest integrated oil company that is also occasionally known as Imperial Esso. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.
CDW vs IMO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.5B | $8.2B |
| Net Profit | — | $359.2M |
| Gross Margin | 22.8% | — |
| Operating Margin | 7.8% | 5.6% |
| Net Margin | — | 4.4% |
| Revenue YoY | 6.3% | -10.5% |
| Net Profit YoY | — | -59.8% |
| 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.
| Q4 25 | $5.5B | $8.2B | ||
| Q3 25 | $5.7B | $8.8B | ||
| Q2 25 | $6.0B | $8.2B | ||
| Q1 25 | $5.2B | $9.1B | ||
| Q4 24 | $5.2B | $9.2B | ||
| Q3 24 | $5.5B | $9.7B | ||
| Q2 24 | $5.4B | $9.8B | ||
| Q1 24 | $4.9B | $9.0B |
| Q4 25 | — | $359.2M | ||
| Q3 25 | $291.0M | $393.5M | ||
| Q2 25 | $271.2M | $692.8M | ||
| Q1 25 | $224.9M | $940.2M | ||
| Q4 24 | — | $894.3M | ||
| Q3 24 | $316.4M | $903.0M | ||
| Q2 24 | $281.1M | $827.1M | ||
| Q1 24 | $216.1M | $872.4M |
| 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 24 | 21.8% | — |
| Q4 25 | 7.8% | 5.6% | ||
| Q3 25 | 7.7% | 5.8% | ||
| Q2 25 | 7.0% | 11.1% | ||
| Q1 25 | 7.0% | 13.5% | ||
| Q4 24 | 7.9% | 12.5% | ||
| Q3 24 | 8.7% | 12.1% | ||
| Q2 24 | 8.0% | 11.1% | ||
| Q1 24 | 6.7% | 12.8% |
| Q4 25 | — | 4.4% | ||
| Q3 25 | 5.1% | 4.5% | ||
| Q2 25 | 4.5% | 8.4% | ||
| Q1 25 | 4.3% | 10.3% | ||
| Q4 24 | — | 9.7% | ||
| Q3 24 | 5.7% | 9.3% | ||
| Q2 24 | 5.2% | 8.5% | ||
| Q1 24 | 4.4% | 9.7% |
| Q4 25 | $2.13 | — | ||
| Q3 25 | $2.21 | — | ||
| Q2 25 | $2.05 | — | ||
| Q1 25 | $1.69 | — | ||
| Q4 24 | $1.97 | — | ||
| Q3 24 | $2.34 | — | ||
| Q2 24 | $2.07 | — | ||
| Q1 24 | $1.59 | — |
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 | $833.7M |
| Total DebtLower is stronger | — | $2.9B |
| Stockholders' EquityBook value | $2.6B | $16.2B |
| Total Assets | $16.0B | $30.9B |
| Debt / EquityLower = less leverage | — | 0.18× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $618.7M | $833.7M | ||
| Q3 25 | $452.9M | $1.4B | ||
| Q2 25 | $481.0M | $1.7B | ||
| Q1 25 | $688.1M | $1.3B | ||
| Q4 24 | $717.7M | $714.7M | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $665.3M | $1.5B | ||
| Q1 24 | $803.8M | $858.5M |
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $2.9B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $2.9B |
| Q4 25 | $2.6B | $16.2B | ||
| Q3 25 | $2.5B | $17.3B | ||
| Q2 25 | $2.5B | $18.2B | ||
| Q1 25 | $2.3B | $17.8B | ||
| Q4 24 | $2.4B | $17.1B | ||
| Q3 24 | $2.3B | $17.3B | ||
| Q2 24 | $2.2B | $17.5B | ||
| Q1 24 | $2.1B | $16.9B |
| Q4 25 | $16.0B | $30.9B | ||
| Q3 25 | $15.2B | $31.4B | ||
| Q2 25 | $15.3B | $32.2B | ||
| Q1 25 | $15.0B | $32.0B | ||
| Q4 24 | $14.7B | $31.3B | ||
| Q3 24 | $14.4B | $31.0B | ||
| Q2 24 | $13.6B | $32.2B | ||
| Q1 24 | $13.2B | $31.0B |
| Q4 25 | — | 0.18× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.17× | ||
| Q1 24 | — | 0.17× |
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 | $1.4B |
| Free Cash FlowOCF − Capex | $395.9M | $938.8M |
| FCF MarginFCF / Revenue | 7.2% | 11.4% |
| Capex IntensityCapex / Revenue | 0.7% | 5.6% |
| Cash ConversionOCF / Net Profit | — | 3.90× |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $433.8M | $1.4B | ||
| Q3 25 | $328.3M | $1.3B | ||
| Q2 25 | $155.9M | $1.1B | ||
| Q1 25 | $287.2M | $1.1B | ||
| Q4 24 | $345.3M | $1.3B | ||
| Q3 24 | $342.1M | $1.1B | ||
| Q2 24 | $149.9M | $1.2B | ||
| Q1 24 | $440.0M | $785.5M |
| Q4 25 | $395.9M | $938.8M | ||
| Q3 25 | $298.5M | $944.6M | ||
| Q2 25 | $133.4M | $725.6M | ||
| Q1 25 | $260.3M | $824.2M | ||
| Q4 24 | $316.7M | $997.2M | ||
| Q3 24 | $308.5M | $730.7M | ||
| Q2 24 | $119.0M | $852.6M | ||
| Q1 24 | $410.5M | $422.7M |
| Q4 25 | 7.2% | 11.4% | ||
| Q3 25 | 5.2% | 10.7% | ||
| Q2 25 | 2.2% | 8.8% | ||
| Q1 25 | 5.0% | 9.0% | ||
| Q4 24 | 6.1% | 10.8% | ||
| Q3 24 | 5.6% | 7.5% | ||
| Q2 24 | 2.2% | 8.7% | ||
| Q1 24 | 8.4% | 4.7% |
| Q4 25 | 0.7% | 5.6% | ||
| Q3 25 | 0.5% | 4.2% | ||
| Q2 25 | 0.4% | 4.2% | ||
| Q1 25 | 0.5% | 3.2% | ||
| Q4 24 | 0.6% | 3.4% | ||
| Q3 24 | 0.6% | 3.7% | ||
| Q2 24 | 0.6% | 3.4% | ||
| Q1 24 | 0.6% | 4.0% |
| Q4 25 | — | 3.90× | ||
| Q3 25 | 1.13× | 3.34× | ||
| Q2 25 | 0.57× | 1.54× | ||
| Q1 25 | 1.28× | 1.19× | ||
| Q4 24 | — | 1.46× | ||
| Q3 24 | 1.08× | 1.20× | ||
| Q2 24 | 0.53× | 1.44× | ||
| Q1 24 | 2.04× | 0.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
