CNXN Financial Statements From 2010 to 2024

CNXN Stock  USD 72.74  1.01  1.41%   
PC Connection financial statements provide useful quarterly and yearly information to potential PC Connection investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on PC Connection financial statements helps investors assess PC Connection's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting PC Connection's valuation are summarized below:
Gross Profit
526.2 M
Profit Margin
0.0323
Market Capitalization
1.9 B
Enterprise Value Revenue
0.5324
Revenue
2.8 B
We have found one hundred twenty available fundamental measures for PC Connection, which can be analyzed and compared to other ratios and to its peers in the sector. Self-guided Investors are advised to check out PC Connection's latest fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself this quarter and beyond. As of the 25th of November 2024, Market Cap is likely to grow to about 1.7 B. Also, Enterprise Value is likely to grow to about 1.5 B

PC Connection Total Revenue

2.16 Billion

Check PC Connection financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PC Connection's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 M, Interest Expense of 1 M or Selling General Administrative of 380.7 M, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0045 or PTB Ratio of 2.51. CNXN financial statements analysis is a perfect complement when working with PC Connection Valuation or Volatility modules.
  
Check out the analysis of PC Connection Correlation against competitors.
To learn how to invest in CNXN Stock, please use our How to Invest in PC Connection guide.

PC Connection Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.2 B1.2 B768.9 M
Slightly volatile
Short and Long Term Debt Total7.4 M4.9 M10 M
Slightly volatile
Other Current Liabilities37.7 M32 M46.1 M
Slightly volatile
Total Current Liabilities203.9 M328 M238.6 M
Slightly volatile
Total Stockholder Equity882.8 M840.8 M500.2 M
Slightly volatile
Property Plant And Equipment Net36.8 M61 M44.3 M
Slightly volatile
Retained Earnings798.9 M760.9 M419.4 M
Slightly volatile
Accounts Payable157.9 M263.7 M182.2 M
Slightly volatile
Cash152.2 M145 M75.6 M
Slightly volatile
Non Current Assets Total95.9 M139.7 M111 M
Slightly volatile
Cash And Short Term Investments312 M297.2 M96.4 M
Slightly volatile
Net Receivables319.3 M611.2 M410.5 M
Slightly volatile
Common Stock Shares Outstanding29 M26.4 M26.5 M
Slightly volatile
Liabilities And Stockholders Equity1.2 B1.2 B768.9 M
Slightly volatile
Non Current Liabilities Total17.5 M19.6 M20.6 M
Slightly volatile
Inventory101 M124.2 M113.7 M
Slightly volatile
Other Current Assets8.7 M16.1 M8.7 M
Slightly volatile
Other Stockholder Equity130.3 M79.5 M115.9 M
Slightly volatile
Total Liabilities221.4 M347.6 M259.2 M
Slightly volatile
Property Plant And Equipment Gross150.2 M143.1 M57.4 M
Slightly volatile
Total Current Assets1.1 BB654.5 M
Slightly volatile
Short Term Debt1.6 M1.7 M5.4 M
Slightly volatile
Common Stock Total Equity297.4 K334.6 K283.4 K
Slightly volatile
Intangible Assets3.3 M3.4 MM
Very volatile
Common Stock298.4 K293 K280.7 K
Slightly volatile
Other Liabilities12.1 M20.9 M14.3 M
Slightly volatile
Other Assets0.951.01.1 M
Very volatile
Good Will60 M84.6 M61.7 M
Slightly volatile
Property Plant Equipment36.6 M68 M44.7 M
Slightly volatile
Current Deferred Revenue25.1 M24.4 M16.5 M
Slightly volatile
Net Tangible Assets450 M791.1 M424.5 M
Slightly volatile
Retained Earnings Total Equity431.8 M788.9 M407.6 M
Slightly volatile
Long Term Debt Total791.2 K890.1 K969.2 K
Slightly volatile
Capital Surpluse123.7 M144.7 M114.5 M
Slightly volatile
Capital Lease Obligations5.6 M4.9 M10.1 M
Pretty Stable
Deferred Long Term Liabilities18.8 M20.7 M16.9 M
Slightly volatile
Non Current Liabilities Other592.8 K624 K3.1 M
Pretty Stable
Net Invested Capital712 M840.8 M574.6 M
Slightly volatile
Net Working Capital578.8 M720.7 M455.9 M
Slightly volatile
Capital Stock318.8 K293 K290.8 K
Slightly volatile

PC Connection Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization9.4 M12.7 M10.2 M
Slightly volatile
Selling General Administrative380.7 M362.6 M186.5 M
Very volatile
Total Revenue2.2 B2.9 B2.5 B
Slightly volatile
Gross Profit297.3 M511.7 M361.2 M
Slightly volatile
Other Operating Expenses2.1 B2.7 B2.4 B
Slightly volatile
Operating Income55 M105.8 M75 M
Slightly volatile
EBIT57.3 M105.6 M76.3 M
Slightly volatile
EBITDA66.7 M118.2 M86.5 M
Slightly volatile
Cost Of Revenue1.9 B2.3 B2.1 B
Slightly volatile
Total Operating Expenses241.1 M405.9 M285.4 M
Slightly volatile
Income Before Tax118.8 M113.1 M80 M
Slightly volatile
Net Income87.4 M83.3 M55.2 M
Slightly volatile
Income Tax Expense18 M29.8 M23.9 M
Slightly volatile
Net Income Applicable To Common Shares107.7 M102.6 M59.6 M
Slightly volatile
Net Income From Continuing Ops61.8 M78.3 M54.7 M
Slightly volatile
Non Operating Income Net Other591 K974.7 K1.5 M
Pretty Stable
Selling And Marketing Expenses19.1 M22.4 M17.8 M
Very volatile
Tax Provision21.8 M27.4 M28.4 M
Slightly volatile
Interest Income183.5 K193.2 K350.2 K
Pretty Stable
Reconciled Depreciation10.2 M12.4 M12.2 M
Very volatile
Extraordinary Items6.2 MM7.6 M
Slightly volatile
Non Recurring976.1 K1.1 M966.6 K
Pretty Stable

PC Connection Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow129.1 M122.9 M66.7 M
Slightly volatile
Depreciation9.3 M12.7 M10 M
Slightly volatile
Other Non Cash Items941.9 K897 K1.7 M
Pretty Stable
Capital Expenditures10.7 M9.6 M11.9 M
Pretty Stable
Net Income87.4 M83.3 M55.2 M
Slightly volatile
End Period Cash Flow152.2 M145 M76.6 M
Slightly volatile
Dividends Paid10.8 M8.4 M12.9 M
Pretty Stable
Stock Based Compensation6.7 MM2.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.650.61980.3634
Slightly volatile
Dividend Yield0.00450.00480.0225
Slightly volatile
PTB Ratio2.512.10142.4898
Slightly volatile
Days Sales Outstanding82.1778.256559.8083
Slightly volatile
Book Value Per Share33.5831.984118.9839
Slightly volatile
Stock Based Compensation To Revenue0.00230.00259.0E-4
Slightly volatile
Capex To Depreciation1.380.75831.2545
Slightly volatile
PB Ratio2.512.10142.4898
Slightly volatile
EV To Sales0.60.57060.3411
Slightly volatile
ROIC0.110.09230.111
Pretty Stable
Inventory Turnover15.3318.83519.2696
Slightly volatile
Net Income Per Share3.333.16782.0946
Slightly volatile
Days Of Inventory On Hand23.0519.378821.3269
Very volatile
Payables Turnover13.648.870212.3439
Slightly volatile
Sales General And Administrative To Revenue0.09530.12720.0763
Slightly volatile
Capex To Revenue0.00580.00340.0051
Pretty Stable
Cash Per Share11.8711.30543.6616
Slightly volatile
Interest Coverage417606609
Slightly volatile
Payout Ratio0.09590.1010.319
Slightly volatile
Days Payables Outstanding24.6341.149130.8271
Slightly volatile
ROE0.120.0990.1198
Slightly volatile
PE Ratio16.7921.216918.2112
Pretty Stable
Return On Tangible Assets0.05230.07490.0759
Very volatile
Earnings Yield0.04670.04710.0655
Pretty Stable
Intangibles To Total Assets0.120.06480.0939
Pretty Stable
Current Ratio1.793.19742.4441
Slightly volatile
Tangible Book Value Per Share30.5129.053816.4484
Slightly volatile
Receivables Turnover9.24.66417.2656
Slightly volatile
Graham Number50.1347.745829.8505
Slightly volatile
Shareholders Equity Per Share33.5831.984118.9839
Slightly volatile
Debt To Equity0.00360.00380.1034
Slightly volatile
Capex Per Share0.30.3650.4467
Very volatile
Revenue Per Share60.0810891.7836
Slightly volatile
Interest Debt Per Share0.230.1210.2237
Pretty Stable
Debt To Assets0.00250.00270.0287
Slightly volatile
Enterprise Value Over EBITDA11.1413.759710.0853
Pretty Stable
Price Earnings Ratio16.7921.216918.2112
Pretty Stable
Operating Cycle55.7497.635377.8365
Slightly volatile
Price Book Value Ratio2.512.10142.4898
Slightly volatile
Days Of Payables Outstanding24.6341.149130.8271
Slightly volatile
Dividend Payout Ratio0.09590.1010.319
Slightly volatile
Pretax Profit Margin0.04170.03970.0304
Slightly volatile
Ebt Per Ebit0.781.06870.9799
Very volatile
Operating Profit Margin0.0390.03710.0301
Slightly volatile
Effective Tax Rate0.330.26380.3137
Pretty Stable
Company Equity Multiplier1.981.41341.7773
Slightly volatile
Long Term Debt To Capitalization0.00360.00380.0208
Slightly volatile
Total Debt To Capitalization0.00360.00380.0507
Slightly volatile
Return On Capital Employed0.170.1230.1682
Slightly volatile
Debt Equity Ratio0.00360.00380.1034
Slightly volatile
Ebit Per Revenue0.0390.03710.0301
Slightly volatile
Quick Ratio2.962.81882.064
Slightly volatile
Net Income Per E B T0.560.73620.679
Very volatile
Cash Ratio0.460.4420.2799
Slightly volatile
Cash Conversion Cycle31.1156.486347.0094
Slightly volatile
Days Of Inventory Outstanding23.0519.378821.3269
Very volatile
Days Of Sales Outstanding82.1778.256559.8083
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.490.95150.9402
Slightly volatile
Price To Book Ratio2.512.10142.4898
Slightly volatile
Fixed Asset Turnover74.9446.733464.0347
Slightly volatile
Enterprise Value Multiple11.1413.759710.0853
Pretty Stable
Debt Ratio0.00250.00270.0287
Slightly volatile
Price Sales Ratio0.650.61980.3634
Slightly volatile
Return On Assets0.04770.07010.069
Very volatile
Asset Turnover4.572.39883.7707
Slightly volatile
Net Profit Margin0.03070.02920.0209
Slightly volatile
Gross Profit Margin0.10.17950.1432
Slightly volatile
Price Fair Value2.512.10142.4898
Slightly volatile
Return On Equity0.120.0990.1198
Slightly volatile

PC Connection Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.6 B1.7 B
Slightly volatile
Enterprise Value1.5 B1.5 B1.5 B
Slightly volatile

CNXN Fundamental Market Drivers

Forward Price Earnings18.797
Cash And Short Term Investments297.2 M

CNXN Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About PC Connection Financial Statements

PC Connection investors utilize fundamental indicators, such as revenue or net income, to predict how CNXN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue24.4 M25.1 M
Total Revenue2.9 B2.2 B
Cost Of Revenue2.3 B1.9 B
Sales General And Administrative To Revenue 0.13  0.10 
Capex To Revenue 0.00  0.01 
Revenue Per Share 108.44  60.08 
Ebit Per Revenue 0.04  0.04 

Pair Trading with PC Connection

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PC Connection position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PC Connection will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to PC Connection could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PC Connection when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PC Connection - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PC Connection to buy it.
The correlation of PC Connection is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PC Connection moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PC Connection moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PC Connection can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether PC Connection offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PC Connection's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pc Connection Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pc Connection Stock:
Check out the analysis of PC Connection Correlation against competitors.
To learn how to invest in CNXN Stock, please use our How to Invest in PC Connection guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PC Connection. If investors know CNXN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PC Connection listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.052
Dividend Share
0.38
Earnings Share
3.4
Revenue Per Share
105.964
Quarterly Revenue Growth
0.046
The market value of PC Connection is measured differently than its book value, which is the value of CNXN that is recorded on the company's balance sheet. Investors also form their own opinion of PC Connection's value that differs from its market value or its book value, called intrinsic value, which is PC Connection's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PC Connection's market value can be influenced by many factors that don't directly affect PC Connection's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PC Connection's value and its price as these two are different measures arrived at by different means. Investors typically determine if PC Connection is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PC Connection's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.