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Side-by-side financial comparison of CDW Corporation (CDW) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
WESCO INTERNATIONAL INC is the larger business by last-quarter revenue ($6.1B vs $5.5B, roughly 1.1× CDW Corporation). On growth, WESCO INTERNATIONAL INC posted the faster year-over-year revenue change (10.3% vs 6.3%). CDW Corporation produced more free cash flow last quarter ($395.9M vs $27.5M). Over the past eight quarters, WESCO INTERNATIONAL INC's revenue compounded faster (6.5% CAGR vs 6.3%).
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.
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
CDW vs WCC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.5B | $6.1B |
| Net Profit | — | $159.8M |
| Gross Margin | 22.8% | 21.2% |
| Operating Margin | 7.8% | 5.3% |
| Net Margin | — | 2.6% |
| Revenue YoY | 6.3% | 10.3% |
| Net Profit YoY | — | -3.4% |
| EPS (diluted) | $2.13 | $3.33 |
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 | $6.1B | ||
| Q3 25 | $5.7B | $6.2B | ||
| Q2 25 | $6.0B | $5.9B | ||
| Q1 25 | $5.2B | $5.3B | ||
| Q4 24 | $5.2B | $5.5B | ||
| Q3 24 | $5.5B | $5.5B | ||
| Q2 24 | $5.4B | $5.5B | ||
| Q1 24 | $4.9B | $5.3B |
| Q4 25 | — | $159.8M | ||
| Q3 25 | $291.0M | $187.5M | ||
| Q2 25 | $271.2M | $174.5M | ||
| Q1 25 | $224.9M | $118.4M | ||
| Q4 24 | — | $165.4M | ||
| Q3 24 | $316.4M | $204.3M | ||
| Q2 24 | $281.1M | $232.1M | ||
| Q1 24 | $216.1M | $115.8M |
| Q4 25 | 22.8% | 21.2% | ||
| Q3 25 | 21.9% | 21.3% | ||
| Q2 25 | 20.8% | 21.1% | ||
| Q1 25 | 21.6% | 21.1% | ||
| Q4 24 | 22.3% | 21.2% | ||
| Q3 24 | 21.8% | 22.1% | ||
| Q2 24 | 21.8% | 21.9% | ||
| Q1 24 | 21.8% | 21.3% |
| Q4 25 | 7.8% | 5.3% | ||
| Q3 25 | 7.7% | 5.6% | ||
| Q2 25 | 7.0% | 5.5% | ||
| Q1 25 | 7.0% | 4.5% | ||
| Q4 24 | 7.9% | 5.5% | ||
| Q3 24 | 8.7% | 6.1% | ||
| Q2 24 | 8.0% | 5.9% | ||
| Q1 24 | 6.7% | 4.9% |
| Q4 25 | — | 2.6% | ||
| Q3 25 | 5.1% | 3.0% | ||
| Q2 25 | 4.5% | 3.0% | ||
| Q1 25 | 4.3% | 2.2% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | 5.7% | 3.7% | ||
| Q2 24 | 5.2% | 4.2% | ||
| Q1 24 | 4.4% | 2.2% |
| Q4 25 | $2.13 | $3.33 | ||
| Q3 25 | $2.21 | $3.79 | ||
| Q2 25 | $2.05 | $3.83 | ||
| Q1 25 | $1.69 | $2.10 | ||
| Q4 24 | $1.97 | $3.01 | ||
| Q3 24 | $2.34 | $3.81 | ||
| Q2 24 | $2.07 | $4.28 | ||
| Q1 24 | $1.59 | $1.95 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.6B | $5.0B |
| Total Assets | $16.0B | $16.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| 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 24 | $803.8M | — |
| Q4 25 | $2.6B | $5.0B | ||
| Q3 25 | $2.5B | $4.8B | ||
| Q2 25 | $2.5B | $4.8B | ||
| Q1 25 | $2.3B | $5.0B | ||
| Q4 24 | $2.4B | $5.0B | ||
| Q3 24 | $2.3B | $5.0B | ||
| Q2 24 | $2.2B | $4.9B | ||
| Q1 24 | $2.1B | $5.0B |
| Q4 25 | $16.0B | $16.5B | ||
| Q3 25 | $15.2B | $16.6B | ||
| Q2 25 | $15.3B | $16.2B | ||
| Q1 25 | $15.0B | $15.5B | ||
| Q4 24 | $14.7B | $15.1B | ||
| Q3 24 | $14.4B | $15.3B | ||
| Q2 24 | $13.6B | $15.1B | ||
| Q1 24 | $13.2B | $15.5B |
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 | $71.9M |
| Free Cash FlowOCF − Capex | $395.9M | $27.5M |
| FCF MarginFCF / Revenue | 7.2% | 0.5% |
| Capex IntensityCapex / Revenue | 0.7% | 0.7% |
| Cash ConversionOCF / Net Profit | — | 0.45× |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $433.8M | $71.9M | ||
| Q3 25 | $328.3M | $-82.7M | ||
| Q2 25 | $155.9M | $107.8M | ||
| Q1 25 | $287.2M | $28.0M | ||
| Q4 24 | $345.3M | $276.6M | ||
| Q3 24 | $342.1M | $302.1M | ||
| Q2 24 | $149.9M | $-223.8M | ||
| Q1 24 | $440.0M | $746.3M |
| Q4 25 | $395.9M | $27.5M | ||
| Q3 25 | $298.5M | $-95.9M | ||
| Q2 25 | $133.4M | $86.0M | ||
| Q1 25 | $260.3M | $7.6M | ||
| Q4 24 | $316.7M | $252.3M | ||
| Q3 24 | $308.5M | $272.9M | ||
| Q2 24 | $119.0M | $-244.6M | ||
| Q1 24 | $410.5M | $725.9M |
| Q4 25 | 7.2% | 0.5% | ||
| Q3 25 | 5.2% | -1.5% | ||
| Q2 25 | 2.2% | 1.5% | ||
| Q1 25 | 5.0% | 0.1% | ||
| Q4 24 | 6.1% | 4.6% | ||
| Q3 24 | 5.6% | 5.0% | ||
| Q2 24 | 2.2% | -4.5% | ||
| Q1 24 | 8.4% | 13.6% |
| Q4 25 | 0.7% | 0.7% | ||
| Q3 25 | 0.5% | 0.2% | ||
| Q2 25 | 0.4% | 0.4% | ||
| Q1 25 | 0.5% | 0.4% | ||
| Q4 24 | 0.6% | 0.4% | ||
| Q3 24 | 0.6% | 0.5% | ||
| Q2 24 | 0.6% | 0.4% | ||
| Q1 24 | 0.6% | 0.4% |
| Q4 25 | — | 0.45× | ||
| Q3 25 | 1.13× | -0.44× | ||
| Q2 25 | 0.57× | 0.62× | ||
| Q1 25 | 1.28× | 0.24× | ||
| Q4 24 | — | 1.67× | ||
| Q3 24 | 1.08× | 1.48× | ||
| Q2 24 | 0.53× | -0.96× | ||
| Q1 24 | 2.04× | 6.44× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CDW
Segment breakdown not available.
WCC
| CSS | $2.4B | 40% |
| EES | $2.3B | 37% |
| UBS | $1.4B | 23% |
