AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
CDW
CDW Corporation
CDW has the edge over AAPL overall, supported by stronger valuation.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
CDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Stable |
CDW's revenue and profitability are currently healthy, and its cash flow and balance sheet are stable.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
CDW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $173 | — |
| Cheap | 19x | $166 | -4.2% |
| Current | 20x | $173 | — |
| Fair | 24x | $205 | +19% |
| Expensive | 28x | $243 | +41% |
Historical ranges are pointers, not guarantees.
CDW has the edge over AAPL in the historical PE scenario, which offers more potential upside but is not a forecast.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
CDW Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
CDW has the edge over AAPL on the outlook, with more favorable valuation and profitability expectations.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over CDW on earnings, with more consistent year-over-year improvement.
CDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $12.14 | +42% |
| Q3 2026 | $8.56 | +8.1% |
| Q2 2026 | $8.31 | +3.2% |
| Q1 2026 | $8.21 | +1.7% |
| Q4 2025 | $8.08 | +1.4% |
| Q3 2025 | $7.92 | -3.2% |
| Q2 2025 | $8.05 | -1.3% |
| Q1 2025 | $8.07 | +0.7% |
| Q4 2024 | $7.97 | -1.6% |
CDW earned $8.56 per share over the past year, up 8.1% from the year before.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL has the edge over CDW on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over CDW on profitability, with a higher operating margin.
CDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $6.8B | +18% |
| Q2 2026 | $6.6B | +10% |
| Q1 2026 | $5.7B | +9.2% |
| Q4 2025 | $5.5B | +6.3% |
| Q3 2025 | $5.7B | +4% |
| Q2 2025 | $6B | +10% |
| Q1 2025 | $5.2B | +6.7% |
| Q4 2024 | $5.2B | +3.3% |
CDW's revenue has grown year over year for eight quarters in a row: $6.8B last quarter, up 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.3% | -0.5 points |
| Q2 2026 | 6.5% | -0.5 points |
| Q1 2026 | 6.6% | -0.3 points |
| Q4 2025 | 7.8% | -0.1 points |
| Q3 2025 | 7.7% | -1 points |
| Q2 2025 | 7% | -1 points |
| Q1 2025 | 7% | +0.2 points |
| Q4 2024 | 7.9% | -0.8 points |
CDW's operating margin was 7.3% last quarter, about level with the same quarter a year ago.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL has the edge over CDW on cash flow, with more consistent year-over-year improvement.
CDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $372M | +25% |
| Q2 2026 | -$82.6M | -162% |
| Q1 2026 | $248.4M | -4.6% |
| Q4 2025 | $395.9M | +25% |
| Q3 2025 | $298.5M | -3.2% |
| Q2 2025 | $133.4M | +12% |
| Q1 2025 | $260.3M | -37% |
| Q4 2024 | $316.7M | -37% |
CDW still generates free cash flow, though less than at its 2020 peak: $934M over the past year.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has 14.7B diluted shares, down 1.9% from a year ago, with $86.4B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
CDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -1.7M shares |
| 1 year | -4.6% | -6.1M shares |
| 3 years | -7.5% | -10.2M shares |
| 5 years | -9.8% | -13.7M shares |
| Available history | -15% | -22.1M shares |
CDW has the edge over AAPL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $108M |
| Q2 2026 | $343.7M |
| Q1 2026 | $201M |
| Q4 2025 | $153M |
| Q3 2025 | $149.9M |
| Q2 2025 | $150M |
| Q1 2025 | $200.1M |
| Q4 2024 | $146M |
CDW spent $806M buying back its own shares over the past year, up 25% from the year before.
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL has the edge over CDW on leverage, with a lower net debt burden relative to earnings.
CDW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.8x | Moderate |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 2.6x | Moderate |
| Q1 2025 | 2.7x | Moderate |
| Q4 2024 | 2.8x | Moderate |
CDW's net debt is about 2.8 years of its operating earnings (EBITDA), about the same as a year ago.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
CDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.9 | Neutral |
| Stochastic | 81.9 | Overbought |
CDW's weekly RSI is 64 (neutral) and its Stochastic is 82 (overbought).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
CDW PE vs Technology Sector
| Metric | CDW | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 28x | 28% below |
| PE % | 19 | 35 | 16 pts below |
CDW has the edge over AAPL on valuation relative to its sector.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over CDW on trend strength, trading above more of its moving averages.
CDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $151.3 | 14% above |
| 20 week MA | $145.8 | 19% above |
| 50 week MA | $135.1 | 28% above |
| 100 week MA | $152.1 | 14% above |
| 200 week MA | $180.9 | 4.5% below |
CDW has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 4.5% below its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over CDW on returns for 2026, with the stronger performance.
CDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $144.0 | $129.2 | -10% |
| 2021 | $129.2 | $202.8 | +57% |
| 2022 | $202.8 | $178.1 | -12% |
| 2023 | $178.1 | $227.3 | +28% |
| 2024 | $227.3 | $175.8 | -23% |
| 2025 | $175.8 | $139.7 | -21% |
| 2026 YTD | $139.7 | $172.8 | +24% |
CDW has finished lower in four of the last six years. It's up 24% so far in 2026.