CDW vs. IONQ: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at CDW and IONQ, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | CDW | IONQ |
|---|---|---|
| Company Name | CDW Corporation | IonQ, Inc. |
| Country | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Electronic Equipment, Instruments & Components | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 20.57 billion USD | 24.45 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | June 27, 2013 | January 4, 2021 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of CDW and IONQ by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | CDW | IONQ |
|---|---|---|
| 5-Day Price Return | -1.57% | 6.75% |
| 13-Week Price Return | -13.18% | 63.08% |
| 26-Week Price Return | 3.53% | 219.57% |
| 52-Week Price Return | -28.83% | 719.18% |
| Month-to-Date Return | -1.48% | 20.81% |
| Year-to-Date Return | -9.84% | 77.88% |
| 10-Day Avg. Volume | 1.20M | 36.08M |
| 3-Month Avg. Volume | 1.21M | 24.01M |
| 3-Month Volatility | 25.78% | 76.72% |
| Beta | 1.06 | 2.67 |
Profitability
Return on Equity (TTM)
CDW
45.37%
Electronic Equipment, Instruments & Components Industry
- Max
- 21.57%
- Q3
- 13.27%
- Median
- 8.55%
- Q1
- 4.42%
- Min
- -4.21%
CDW’s Return on Equity of 45.37% is exceptionally high, placing it well beyond the typical range for the Electronic Equipment, Instruments & Components industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
IONQ
-67.52%
Technology Hardware, Storage & Peripherals Industry
- Max
- 56.93%
- Q3
- 27.52%
- Median
- 9.18%
- Q1
- 5.14%
- Min
- -1.04%
IONQ has a negative Return on Equity of -67.52%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
Net Profit Margin (TTM)
CDW
4.92%
Electronic Equipment, Instruments & Components Industry
- Max
- 17.31%
- Q3
- 10.85%
- Median
- 7.26%
- Q1
- 3.13%
- Min
- -3.00%
CDW’s Net Profit Margin of 4.92% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.
IONQ
-885.21%
Technology Hardware, Storage & Peripherals Industry
- Max
- 16.15%
- Q3
- 7.95%
- Median
- 4.80%
- Q1
- 2.20%
- Min
- -0.29%
IONQ has a negative Net Profit Margin of -885.21%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
Operating Profit Margin (TTM)
CDW
7.64%
Electronic Equipment, Instruments & Components Industry
- Max
- 30.04%
- Q3
- 15.08%
- Median
- 9.55%
- Q1
- 4.27%
- Min
- -3.83%
CDW’s Operating Profit Margin of 7.64% is around the midpoint for the Electronic Equipment, Instruments & Components industry, indicating that its efficiency in managing core business operations is typical for the sector.
IONQ
-700.61%
Technology Hardware, Storage & Peripherals Industry
- Max
- 20.70%
- Q3
- 10.74%
- Median
- 6.27%
- Q1
- 4.07%
- Min
- 1.97%
IONQ has a negative Operating Profit Margin of -700.61%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
Profitability at a Glance
| Symbol | CDW | IONQ |
|---|---|---|
| Return on Equity (TTM) | 45.37% | -67.52% |
| Return on Assets (TTM) | 7.26% | -57.89% |
| Net Profit Margin (TTM) | 4.92% | -885.21% |
| Operating Profit Margin (TTM) | 7.64% | -700.61% |
| Gross Profit Margin (TTM) | 21.57% | 54.54% |
Financial Strength
Current Ratio (MRQ)
CDW
1.35
Electronic Equipment, Instruments & Components Industry
- Max
- 4.57
- Q3
- 2.85
- Median
- 2.03
- Q1
- 1.51
- Min
- 0.62
CDW’s Current Ratio of 1.35 falls into the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
IONQ
7.76
Technology Hardware, Storage & Peripherals Industry
- Max
- 3.37
- Q3
- 2.04
- Median
- 1.41
- Q1
- 0.98
- Min
- 0.11
IONQ’s Current Ratio of 7.76 is exceptionally high, placing it well outside the typical range for the Technology Hardware, Storage & Peripherals industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
Debt-to-Equity Ratio (MRQ)
CDW
2.28
Electronic Equipment, Instruments & Components Industry
- Max
- 1.14
- Q3
- 0.54
- Median
- 0.30
- Q1
- 0.11
- Min
- 0.00
With a Debt-to-Equity Ratio of 2.28, CDW operates with exceptionally high leverage compared to the Electronic Equipment, Instruments & Components industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
IONQ
0.00
Technology Hardware, Storage & Peripherals Industry
- Max
- 1.54
- Q3
- 0.85
- Median
- 0.32
- Q1
- 0.11
- Min
- 0.00
Falling into the lower quartile for the Technology Hardware, Storage & Peripherals industry, IONQ’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio (TTM)
CDW
7.69
Electronic Equipment, Instruments & Components Industry
- Max
- 79.05
- Q3
- 36.62
- Median
- 12.51
- Q1
- 3.72
- Min
- -18.73
CDW’s Interest Coverage Ratio of 7.69 is positioned comfortably within the norm for the Electronic Equipment, Instruments & Components industry, indicating a standard and healthy capacity to cover its interest payments.
IONQ
-23.93
Technology Hardware, Storage & Peripherals Industry
- Max
- 143.63
- Q3
- 76.01
- Median
- 19.47
- Q1
- 5.91
- Min
- -23.93
IONQ has a negative Interest Coverage Ratio of -23.93. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
Financial Strength at a Glance
| Symbol | CDW | IONQ |
|---|---|---|
| Current Ratio (MRQ) | 1.35 | 7.76 |
| Quick Ratio (MRQ) | 1.17 | 7.26 |
| Debt-to-Equity Ratio (MRQ) | 2.28 | 0.00 |
| Interest Coverage Ratio (TTM) | 7.69 | -23.93 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
CDW
1.63%
Electronic Equipment, Instruments & Components Industry
- Max
- 5.36%
- Q3
- 2.53%
- Median
- 1.28%
- Q1
- 0.16%
- Min
- 0.00%
CDW’s Dividend Yield of 1.63% is consistent with its peers in the Electronic Equipment, Instruments & Components industry, providing a dividend return that is standard for its sector.
IONQ
0.00%
Technology Hardware, Storage & Peripherals Industry
- Max
- 4.33%
- Q3
- 3.29%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
IONQ currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio (TTM)
CDW
30.73%
Electronic Equipment, Instruments & Components Industry
- Max
- 218.94%
- Q3
- 90.25%
- Median
- 38.81%
- Q1
- 3.69%
- Min
- 0.00%
CDW’s Dividend Payout Ratio of 30.73% is within the typical range for the Electronic Equipment, Instruments & Components industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
IONQ
0.00%
Technology Hardware, Storage & Peripherals Industry
- Max
- 142.87%
- Q3
- 77.17%
- Median
- 40.90%
- Q1
- 3.87%
- Min
- 0.00%
IONQ has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | CDW | IONQ |
|---|---|---|
| Dividend Yield (TTM) | 1.63% | 0.00% |
| Dividend Payout Ratio (TTM) | 30.73% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
CDW
18.90
Electronic Equipment, Instruments & Components Industry
- Max
- 74.74
- Q3
- 42.40
- Median
- 26.55
- Q1
- 20.05
- Min
- 10.12
In the lower quartile for the Electronic Equipment, Instruments & Components industry, CDW’s P/E Ratio of 18.90 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
IONQ
--
Technology Hardware, Storage & Peripherals Industry
- Max
- 43.10
- Q3
- 28.67
- Median
- 19.23
- Q1
- 15.53
- Min
- 9.46
P/E Ratio data for IONQ is currently unavailable.
Price-to-Sales Ratio (TTM)
CDW
0.93
Electronic Equipment, Instruments & Components Industry
- Max
- 6.79
- Q3
- 3.58
- Median
- 2.05
- Q1
- 1.29
- Min
- 0.20
In the lower quartile for the Electronic Equipment, Instruments & Components industry, CDW’s P/S Ratio of 0.93 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
IONQ
422.34
Technology Hardware, Storage & Peripherals Industry
- Max
- 5.63
- Q3
- 3.18
- Median
- 1.10
- Q1
- 0.49
- Min
- 0.04
With a P/S Ratio of 422.34, IONQ trades at a valuation that eclipses even the highest in the Technology Hardware, Storage & Peripherals industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
Price-to-Book Ratio (MRQ)
CDW
9.53
Electronic Equipment, Instruments & Components Industry
- Max
- 6.92
- Q3
- 3.80
- Median
- 2.23
- Q1
- 1.42
- Min
- 0.44
At 9.53, CDW’s P/B Ratio is at an extreme premium to the Electronic Equipment, Instruments & Components industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
IONQ
9.68
Technology Hardware, Storage & Peripherals Industry
- Max
- 13.94
- Q3
- 6.87
- Median
- 1.88
- Q1
- 0.94
- Min
- 0.32
IONQ’s P/B Ratio of 9.68 is in the upper tier for the Technology Hardware, Storage & Peripherals industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | CDW | IONQ |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 18.90 | -- |
| Price-to-Sales Ratio (TTM) | 0.93 | 422.34 |
| Price-to-Book Ratio (MRQ) | 9.53 | 9.68 |
| Price-to-Free Cash Flow Ratio (TTM) | 19.97 | -- |