CDW vs CHWY
CDW Corp. and Chewy, Inc., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CDW | CHWY |
|---|---|---|
| Revenue | $22.4B | $12.6B |
| Net income | $1.1B | $222.8M |
| Gross margin | 21.7% | 29.8% |
| Net margin | 4.8% | 1.8% |
| Return on equity | 43.0% | 58.7% |
| Diluted EPS | $8.08 | $0.52 |
| Dividend / share | $2.50 | · |
| Payout ratio | 30.8% | · |
| Free cash flow | $1.1B | $562.4M |
| Equity | $2.6B | $497.9M |
| Net debt / equity | 1.92× | · |
| Current ratio | 1.18× | 0.88× |
| Revenue CAGR 5y | 4.0% | 12.0% |
| Profit CAGR 5y | 6.2% | · |
CDW bills 1.8× the revenue of CHWY, and keeps more of each dollar of revenue as profit (4.8% against 1.8%).
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.
9 years side by side
| Fiscal year | CDW | CHWY |
|---|---|---|
| FY2025 | $22.4B | $12.6B |
| FY2024 | $21.0B | $11.9B |
| FY2023 | $21.4B | $11.1B |
| FY2022 | $23.7B | $10.1B |
| FY2021 | $20.8B | $9.0B |
| FY2020 | $18.5B | $7.1B |
| FY2019 | $18.0B | $4.8B |
| FY2018 | $16.2B | $3.5B |
| FY2017 | $14.8B | $2.1B |
Bottom line
| Fiscal year | CDW | CHWY |
|---|---|---|
| FY2025 | $1.1B | $222.8M |
| FY2024 | $1.1B | $392.7M |
| FY2023 | $1.1B | $39.6M |
| FY2022 | $1.1B | $49.9M |
| FY2021 | $988.6M | $-75.2M |
| FY2020 | $788.5M | $-92.5M |
| FY2019 | $736.8M | $-252.4M |
| FY2018 | $643.0M | $-267.9M |
| FY2017 | $523.1M | $-338.1M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$9,822,600,000 | CDW |
| FY2024 | +$9,137,400,000 | CDW |
| FY2023 | +$10,228,300,000 | CDW |
| FY2022 | +$13,629,700,000 | CDW |
| FY2021 | +$11,853,393,000 | CDW |
| FY2020 | +$11,321,236,000 | CDW |
| FY2019 | +$13,185,657,000 | CDW |
| FY2018 | +$12,707,663,000 | CDW |
| FY2017 | +$12,728,613,000 | CDW |
CDW has reported the higher revenue in every one of these 9 fiscal years. The gap has narrowed since the earliest year compared.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.0 pp | CDW |
| FY2024 | +1.8 pp | CDW |
| FY2023 | +4.8 pp | CDW |
| FY2022 | +4.2 pp | CDW |
| FY2021 | +5.6 pp | CDW |
| FY2020 | +5.6 pp | CDW |
| FY2019 | +9.3 pp | CDW |
| FY2018 | +11.5 pp | CDW |
| FY2017 | +19.6 pp | CDW |
CDW has kept the higher net margin in every one of these 9 fiscal years.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CHWY's net margin has been more volatile than CDW's over the 9 comparable fiscal years — 5.7 percentage points of standard deviation against 0.5.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
CDW led in net margin in every one of the 9 comparable fiscal years — a structural lead, not a recent swing.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CHWY's return on equity has been more volatile than CDW's over the 3 comparable fiscal years — 36.7 percentage points of standard deviation against 7.3.
3 of 13 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CDW and CHWY over these 3 fiscal years — CDW led in 1 and CHWY in 2.
3 of 13 comparable fiscal years — a year missing data on either side is not counted.