AMZN vs CDW
Amazon COM Inc. and CDW Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AMZN | CDW |
|---|---|---|
| Revenue | $716.9B | $22.4B |
| Net income | $77.7B | $1.1B |
| Gross margin | 50.3% | 21.7% |
| Net margin | 10.8% | 4.8% |
| Return on equity | 22.3% | 43.0% |
| Diluted EPS | $7.17 | $8.08 |
| Dividend / share | · | $2.50 |
| Payout ratio | · | 30.8% |
| Free cash flow | $7.7B | $1.1B |
| Equity | $411.1B | $2.6B |
| Net debt / equity | −0.04× | 1.92× |
| Current ratio | 1.05× | 1.18× |
| Revenue CAGR 5y | 13.2% | 4.0% |
| Profit CAGR 5y | 29.5% | 6.2% |
AMZN bills 32.0× the revenue of CDW, and keeps more of each dollar of revenue as profit (10.8% against 4.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AMZN | CDW |
|---|---|---|
| FY2025 | $716.9B | $22.4B |
| FY2024 | $638.0B | $21.0B |
| FY2023 | $574.8B | $21.4B |
| FY2022 | $514.0B | $23.7B |
| FY2021 | $469.8B | $20.8B |
| FY2020 | $386.1B | $18.5B |
| FY2019 | $280.5B | $18.0B |
| FY2018 | $232.9B | $16.2B |
| FY2017 | $177.9B | $14.8B |
| FY2016 | $136.0B | $13.7B |
Bottom line
| Fiscal year | AMZN | CDW |
|---|---|---|
| FY2025 | $77.7B | $1.1B |
| FY2024 | $59.2B | $1.1B |
| FY2023 | $30.4B | $1.1B |
| FY2022 | $-2.7B | $1.1B |
| FY2021 | $33.4B | $988.6M |
| FY2020 | $21.3B | $788.5M |
| FY2019 | $11.6B | $736.8M |
| FY2018 | $10.1B | $643.0M |
| FY2017 | $3.0B | $523.1M |
| FY2016 | $2.4B | $425.1M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$694,499,900,000 | AMZN |
| FY2024 | +$616,960,300,000 | AMZN |
| FY2023 | +$553,409,000,000 | AMZN |
| FY2022 | +$490,234,300,000 | AMZN |
| FY2021 | +$449,001,200,000 | AMZN |
| FY2020 | +$367,596,500,000 | AMZN |
| FY2019 | +$262,489,600,000 | AMZN |
| FY2018 | +$216,646,500,000 | AMZN |
| FY2017 | +$163,033,100,000 | AMZN |
| FY2016 | +$122,314,300,000 | AMZN |
| FY2015 | +$94,017,300,000 | AMZN |
| FY2014 | +$76,913,500,000 | AMZN |
| FY2013 | +$63,683,400,000 | AMZN |
| FY2012 | +$50,964,800,000 | AMZN |
| FY2011 | +$38,474,600,000 | AMZN |
| FY2010 | +$25,402,800,000 | AMZN |
| FY2009 | +$17,346,400,000 | AMZN |
AMZN has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +6.1 pp | AMZN |
| FY2024 | +4.2 pp | AMZN |
| FY2023 | +0.1 pp | AMZN |
| FY2022 | −5.2 pp | CDW |
| FY2021 | +2.4 pp | AMZN |
| FY2020 | +1.3 pp | AMZN |
| FY2019 | +0.0 pp | AMZN |
| FY2018 | +0.4 pp | AMZN |
| FY2017 | −1.8 pp | CDW |
| FY2016 | −1.4 pp | CDW |
| FY2015 | −2.5 pp | CDW |
| FY2014 | −2.3 pp | CDW |
| FY2013 | −0.9 pp | CDW |
| FY2012 | −1.2 pp | CDW |
| FY2011 | +1.1 pp | AMZN |
| FY2010 | +3.7 pp | AMZN |
| FY2009 | +8.9 pp | AMZN |
The higher net margin has changed hands between AMZN and CDW over this period.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AMZN's net margin has been more volatile than CDW's over the 17 comparable fiscal years — 3.3 percentage points of standard deviation against 2.6.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AMZN and CDW over these 17 fiscal years — AMZN led in 10 and CDW in 7.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CDW's return on equity has been more volatile than AMZN's over the 13 comparable fiscal years — 21.9 percentage points of standard deviation against 10.9.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
CDW led in return on equity in every one of the 13 comparable fiscal years — a structural lead, not a recent swing.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.