Meridian
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CDW · CIK 0001402057 · FY2025 live · 2025-12-31

CDW Corp

GreySEC 10-KZ″Consumer50th percentile in Consumer · 430 names

View as

Model

Z″

FY2025

1.16

Zone

Grey

Prior

Market DD

1y PD

1.16

Classic Z 1.84

−21.12.68+

Z″ 1.16 · distress below 1.10, grey to 2.60, safe above.

Z″ factor contributions

  • X1 Working capital / assets

    Short-term liquidity. Carries more weight in Z″ than in classic Z.

    0.08
    6.56 × = 0.52
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    −0.08
    3.26 × = −0.26
  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.10
    6.72 × = 0.69
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.

    0.19
    1.05 × = 0.20

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.

Meridian Rank

49.45

0–100 · Z″ family

  • Book standing

    50

  • Year change

  • Market PD

  • O-score

    48

Events on this name

Same published rows as Today.

  • Approaching distress

    watch · 44

    • Live score: — → 1.16
    • Cut: — → 1.10

Overview

rule-v1

CDW Corp is on Z″ at 1.16 (grey) for FY2025, from an SEC 10-K. EBIT / assets is the line that sets the print; working capital / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Z″ omits sales/assets so asset-light names keep turnover from dragging the score. X4 is book equity on every name.

Book screen Grey; market PD —. Market PD has not been priced on this name.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Z″ scores · 50th percentile in Consumer.

Filing line items

Current assets

$8.5B

Total assets

$16.0B

Current liabilities

$7.2B

Total liabilities

$13.4B

Working capital

$1.3B

Retained earnings

−$1.3B

EBIT

$1.7B

Total sales

$22.4B

Book equity

$2.6B

Accession 0001402057-26-000011. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 14 Sept 2026.