Is it safe?
Can CDW take a bad year?
CDW Corporation carries $5.06B of net debt at 2.58× EBITDA: a load its earnings can carry.
$5.06B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.58×
Net debt / EBITDA · 2.63× a year ago · the load is coming down
- Altman Z-score
- 2.47
Altman Z-score · grey zone, between 1.8 and 3
- Debt / equity
- 2.21×
Debt / equity
Details›
- Total debtQ1 2026
- $5.64B
- Cash and short-term investments
- $579M
- Net debt
- $5.06B
- EBITDA, trailing twelve months
- $1.97B
- Operating profit, trailing twelve months
- $1.67B
- Debt / equity
- 2.21×
- Total debt / EBITDA
- 2.87×
- Annualised volatilitytwo years of daily moves
- 39%
- Worst drawdown on file
- −60%
- Below its 52-week high
- −16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Information Technology Services
Ranks #3 of 37 by Smart Score