PC Connection, Inc. (CNXN)

PC Connection Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,871	2,802	2,851	3,125	2,893	2,590
Revenue Growth (YoY)	4.21%	-1.70%	-8.78%	8.03%	11.67%	-8.15%
Cost of Revenue	2,342	2,282	2,339	2,599	2,428	2,171
Gross Profit	529.03	519.79	511.74	526.18	464.58	418.81
Selling, General & Admin	414.81	409.32	393.2	393.63	355.9	332.14
Other Operating Expenses	-0.04	-	0.27	-	-0.04	-
Operating Expenses	427.57	422.32	406.17	405.63	368.06	345.74
Operating Income	101.47	97.48	105.57	120.55	96.52	73.07
Interest Expense	-0.11	-0.11	-0.02	-	-	-
Interest & Investment Income	18.07	18.84	9.98	1.08	-	-
Other Non Operating Income (Expenses)	0.17	-	-	-	0.01	0.06
EBT Excluding Unusual Items	119.6	116.2	115.53	121.64	96.52	73.13
Merger & Restructuring Charges	-3.35	-0.42	-2.42	-	-	-0.99
Legal Settlements	1.7	1.7	-	-	-	-
Pretax Income	117.95	117.49	113.11	121.64	96.52	73.2
Income Tax Expense	30.53	30.39	29.84	32.42	26.62	17.43
Net Income	87.42	87.1	83.27	89.22	69.91	55.77
Net Income to Common	87.42	87.1	83.27	89.22	69.91	55.77
Net Income Growth	6.32%	4.59%	-6.67%	27.63%	25.36%	-32.09%
Shares Outstanding (Basic)	26	26	26	26	26	26
Shares Outstanding (Diluted)	26	27	26	26	26	26
Shares Change (YoY)	-0.08%	0.30%	-0.05%	0.30%	0.11%	-0.64%
EPS (Basic)	3.33	3.31	3.17	3.40	2.67	2.13
EPS (Diluted)	3.30	3.29	3.15	3.37	2.65	2.12
EPS Growth	6.26%	4.44%	-6.53%	27.17%	25.00%	-31.61%
Free Cash Flow	56.52	166.29	188.36	25.81	47.45	25.07
Free Cash Flow Per Share	2.14	6.27	7.13	0.98	1.80	0.95
Dividend Per Share	0.450	0.400	0.320	-	-	-
Dividend Growth	32.35%	25.00%	-	-	-	-
Gross Margin	18.43%	18.55%	17.95%	16.84%	16.06%	16.17%
Operating Margin	3.53%	3.48%	3.70%	3.86%	3.34%	2.82%
Profit Margin	3.04%	3.11%	2.92%	2.85%	2.42%	2.15%
Free Cash Flow Margin	1.97%	5.93%	6.61%	0.83%	1.64%	0.97%
EBITDA	114.28	110.46	118.22	132.53	108.72	86.67
EBITDA Margin	3.98%	3.94%	4.15%	4.24%	3.76%	3.35%
D&A For EBITDA	12.82	12.98	12.65	11.98	12.2	13.6
EBIT	101.47	97.48	105.57	120.55	96.52	73.07
EBIT Margin	3.53%	3.48%	3.70%	3.86%	3.34%	2.82%
Effective Tax Rate	25.89%	25.87%	26.38%	26.65%	27.57%	23.81%
Advertising Expenses	-	-	-	-	15.8	14

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q