CDW Corp. vs Thomson Reuters Corp — how do they compare? CDW Corp. trades at $144.5 (market cap $18.44B), while Thomson Reuters Corp trades at $94.22 (market cap $40.96B). The key difference: Thomson Reuters Corp is far larger — about 2.2× CDW Corp.'s market cap, and Thomson Reuters Corp pays the higher dividend (2.78%). Which is the better fit depends on your goals.
| CDW | TRI | |
|---|---|---|
Market Cap | $18.44B | $40.96B |
Sector | Technology | Industrials |
52-Week High | $182.18 | $211.14 |
52-Week Low | $99.30 | $76.55 |
Enterprise Value | $23.65B | $42.92B |
Dividend Yield | 1.75% | 2.78% |
Trailing returns across standard periods
CDW Corp is a value-added reseller operating in the U.S. (95% of sales) and Canada (5%). The company has more than 100,000 products on its line of cards that range from notebooks to data center software. Roughly half of CDW's revenue comes from midsize and large businesses, with the remaining from small businesses, government agencies, education institutions, and health-care organizations.
Read more on CDW →Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
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