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PC Connection, Inc. CNXN R2KAI

Technology · Electronics & Computer Distribution · United States
https://www.connection.com
Company Profile ↓
$77.59
+17.94% 1Y
Mkt Cap$1.96B
P/E22.56
P/B1.99
Div. Yield1.10%
52W High$78.49
52W Low$55.49
Book Value$36.55
EPS (TTM)$3.44

Company Overview

PC Connection, Inc., together with its subsidiaries, provides various information technology (IT) solutions worldwide. It operates in three segments: Connection Enterprise Solutions, Connection Business Solutions, and Connection Public Sector Solutions. The company offers IT solutions, including computer systems, data center solutions, and artificial intelligence; a portfolio of managed services and professional services; services related to the design, configuration, and implementation of IT solutions; and cybersecurity, digital workspace, modern infrastructure, multicloud, and supply chain and lifecycle solutions and services. It also distributes accessories, cable and adapters, computer parts, computers, conferencing and AV products, electronics, media and supplies, monitors and projectors, networking products, office equipment, power products, printers and supplies, servers and accessories, software, and storage products; hardware, including devices and peripherals; notebooks/mobility products, desktops, communication products, displays, and sound products; and cloud solutions. The company markets its products and services through its websites. It serves large enterprise customers; small to medium-sized businesses, including small office/home office customers; healthcare, manufacturing, and retail industries; federal, state, and local government; educational institutions, including K-12 and higher education; medium-to-large corporations through outbound inside and field sales, digital and web advertising, and targeted marketing programs to specific market segments. PC Connection, Inc. was founded in 1982 and is headquartered in Merrimack, New Hampshire.

Why Investors Should Care

Reasonable Valuation

Trades at a P/E of 22.6, below the sector median of 36.0.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $2.87B (+2.5% YoY); net profit $83.72M.
  • Trailing 12 Months Year-on-year growth — revenue +3.0%, earnings +33.3%.
  • 5-Year Trend Long-term compounding — revenue CAGR 3.9%, profit CAGR 8.5%.

Growth & Price Performance

Compounded Sales Growth

5 Years:3.85%
1 Year:3.00%

Compounded Profit Growth

5 Years:8.47%
1 Year:33.30%

Stock Price Performance

1 Year:+17.94%
6 Months:+33.45%
3 Months:+20.88%
1 Month:+7.17%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI IT Solutions / AI Reseller & Services

PC Connection is an IT solutions provider that resells and integrates AI infrastructure, data-centre and enterprise technology for business and public-sector customers.

Core Focus

IT products and services — including AI servers, data-centre solutions and managed/professional services — that help customers adopt AI.

Key Initiatives
  • AI infrastructure solutions Connection resells and integrates AI servers, GPUs and data-centre systems for enterprise and public-sector customers.
  • Managed & professional services Advisory and managed services help clients design and deploy AI and cloud infrastructure.
  • Vendor partnerships Partnerships with major hardware/software vendors give access to AI-platform supply.
Why Investors Should Care
  • Indirect AI exposure as a channel partner for enterprise AI hardware adoption.
  • Profitable, cash-generative reseller (ROE ~10%) with a solid balance sheet.
  • Reseller margins are thin and AI-hardware demand is lumpy.
  • Competition among IT resellers and demand cyclicality are key risks.
AI InvestmentAs a reseller, Connection invests in services capability rather than AI R&D; AI demand drives product mix.
AI RevenueAI-related revenue flows through hardware/solution sales; it is not separately disclosed and carries reseller-level margins.
ROI (Now)AI server/infrastructure demand is an incremental tailwind to product revenue today.
ROI (Expected)Rising enterprise AI adoption supports infrastructure and services revenue, though at reseller margins.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
22.56
Industry PE
36.02
Forward P/E
18.32
PEG Ratio
1.92
Book Value
$36.55
Price to Book
1.99
P/S
0.64
EV/EBITDA
11.70
Dividend Yield
1.10%

Growth (CAGR)

Revenue 5Y
3.85%
Profit 5Y
8.47%
Revenue (YoY)
3.00%
Earnings (YoY)
33.30%

Profitability & Returns

ROCE
10.67%
ROE
9.73%
ROA
5.20%
Profit Margin
3.02%
Op Margin
3.23%
Gross Margin
18.83%
EPS (Latest Qtr)
$0.68
EPS (TTM)
$3.44

Balance Sheet & Liquidity

Debt/Equity
0.80
Quick Ratio
2.25
Current Ratio
2.71
Debt
$7.38M
Total Assets
$1.43B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
57.27%
Chg in Prom Hold
0.00%
FII / Inst Holding
42.25%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$1.96B
Total Revenue (TTM)
$2.89B
EBITDA
$122.53M
Free Cash Flow
$104.34M
Operating Cash Flow
$132.09M
Shares Outstanding
25.23M
Gross Margin
18.83%
Payout Ratio
18.90%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CNXN PC Connection, Inc. R2KAI 77.59 22.56 $1.96B 1.10% 10.67% 9.73% 3.85% 8.47%
2 NVDA NVIDIA Corporation NDXSPXAI 211.80 32.43 $5.13T 0.49% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 314.86 38.07 $4.62T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 384.93 22.91 $2.86T 0.93% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 420.39 36.18 $2.18T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 389.11 64.85 $1.85T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 983.12 46.37 $1.11T 0.06% 13.69% 39.82% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 548.13 181.50 $893.78B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,775.64 59.55 $684.36B 0.47% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue --------670.59M749.79M729.23M762.27M624.89M706.57M658.50M709.52M632.92M741.08M729.41M716.63M711.85M550.00M652.75M675.69M636.89M704.16M751.37M788.34M828.51M775.69M727.54M733.55M693.09M632.02M736.48M724.72M701.05M759.69M709.07M721.87M
Gross Profit 77.61M82.99M88.57M91.85M82.19M93.87M96.97M98.12M86.73M99.67M96.14M99.53M96.37M107.47M100.44M106.80M99.35M116.99M118.86M116.11M113.12M89.00M107.83M108.86M100.52M116.33M120.70M128.31M136.90M136.63M122.30M127.78M131.89M118.07M136.54M135.41M127.31M137.77M138.65M132.74M
Operating Income 14.18M19.62M21.86M22.89M15.16M21.01M22.45M21.90M11.45M22.44M21.74M21.90M15.47M24.95M18.95M26.32M17.41M32.32M32.64M29.60M20.65M10.59M21.08M19.76M14.12M23.76M27.33M30.13M34.77M31.74M18.12M25.07M32.02M13.46M30.92M30.04M14.52M30.90M30.27M20.23M
Net Income 8.58M11.63M13.00M13.61M9.06M12.46M13.59M13.00M7.43M13.59M13.12M20.72M11.30M18.23M13.77M21.30M12.73M23.67M23.75M21.97M14.90M7.64M16.93M16.30M10.18M17.29M20.05M21.79M25.40M23.21M14.20M19.70M25.60M13.15M26.16M27.06M13.48M24.79M24.74M17.22M
Diluted EPS 0.320.440.490.510.340.470.510.490.280.510.490.770.420.680.510.800.480.890.900.830.560.290.640.620.390.660.760.830.960.880.540.750.970.500.991.020.510.970.970.68

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 1.57B1.97B2.10B2.16B2.22B2.46B2.57B2.69B2.91B2.70B2.82B2.59B2.89B3.12B2.85B2.80B2.87B
Gross Profit 184.80M229.90M264.88M282.09M293.00M323.39M341.02M371.16M382.08M411.09M451.31M418.81M464.58M526.18M511.74M519.79M539.33M
Operating Income -684.00K38.67M47.61M54.63M59.40M71.45M78.55M80.52M77.53M85.69M111.97M72.07M96.52M120.55M103.15M97.06M99.28M
Net Income -1.22M22.96M28.79M33.07M35.68M42.68M46.83M48.11M54.86M64.59M82.11M55.77M69.91M89.22M83.27M87.09M83.72M
Diluted EPS -0.050.851.071.241.351.611.761.802.042.413.102.122.653.373.153.293.27

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --420.94M468.02M468.32M500.94M539.96M639.07M686.13M747.85M805.36M937.34M1.02B1.08B1.10B1.19B1.30B1.35B
Total Equity 235.32M235.27M257.64M273.53M291.30M319.83M354.01M392.45M433.44M482.25M525.90M597.31M636.33M682.47M766.17M840.77M910.99M910.13M
Cash & Equivalents 47.00M46.30M35.37M4.62M39.91M42.55M60.91M80.19M49.18M49.99M91.70M90.06M95.66M108.31M122.93M144.95M178.32M193.22M
Total Liabilities --163.30M194.49M177.02M181.12M185.95M246.62M252.69M265.60M279.45M340.02M379.05M400.91M333.65M347.61M388.36M440.80M
Current Liabilities --152.12M181.00M163.49M162.12M164.70M222.00M230.25M248.01M259.80M308.92M342.26M374.63M310.52M327.96M371.20M420.39M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 5.71M-862.00K-5.29M69.66M19.66M-30.86M33.59M19.32M86.84M36.60M36.10M57.75M34.89M197.95M173.87M65.44M
Investing Cash Flow -5.57M-7.18M-16.05M-9.24M-7.61M--12.79M-54.88M-11.80M-21.24M-25.66M-11.03M-8.73M-9.08M-160.20M-115.29M42.83M
Financing Cash Flow -849.00K-2.88M-9.42M-25.13M-9.41M-1.20M-9.72M-6.71M-23.89M-12.59M-19.47M-36.37M-11.19M-15.73M-25.22M-93.37M
Capital Expenditure -5.57M-6.39M-10.86M-9.25M-7.61M-7.61M-12.34M-11.88M-11.80M------9.60M-7.58M-7.39M
Free Cash Flow 141.00K-7.25M-16.15M60.41M12.05M-18.52M21.70M7.52M-----188.36M166.29M58.05M
Share Buybacks 425.00K2.86M3.82M7.81M-----15.38M4.48M10.22M--5.39M12.38M76.27M
Dividends Paid --10.59M10.07M10.47M10.53M-10.59M9.04M9.12M8.45M8.43M34.60M8.95M8.41M10.53M15.30M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 11.8%11.6%12.6%13.1%13.2%13.1%13.2%13.8%13.1%15.2%16.0%16.2%16.1%16.8%18.0%18.6%18.8%
Operating Margin % -0.0%2.0%2.3%2.5%2.7%2.9%3.1%3.0%2.7%3.2%4.0%2.8%3.3%3.9%3.6%3.5%3.5%
Net Margin % -0.1%1.2%1.4%1.5%1.6%1.7%1.8%1.8%1.9%2.4%2.9%2.2%2.4%2.9%2.9%3.1%2.9%
ROE % -0.5%8.9%10.5%11.4%11.2%12.1%11.9%11.1%11.4%12.3%13.7%8.8%10.2%11.6%9.9%9.6%9.2%
ROCE % -14.4%16.6%17.9%17.5%19.0%18.8%17.7%15.5%15.7%17.8%10.7%13.6%15.3%12.0%10.5%10.7%

Shareholding Pattern

Insiders
57.27%
Institutions
42.25%
Public Float
98.88%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.81% 2.22M $162.16M
2 Dimensional Fund Advisors LP 6.05% 1.53M $111.42M
3 Vanguard Capital Management LLC 2.02% 508.64K $37.13M
4 Vanguard Portfolio Management LLC 1.95% 490.68K $35.81M
5 State Street Corporation 1.78% 450.12K $32.85M
6 Geode Capital Management, LLC 1.55% 390.99K $28.54M
7 Brown Advisory Inc. 1.35% 340.71K $24.87M
8 Morgan Stanley 0.88% 222.47K $16.24M
9 Charles Schwab Investment Management, Inc. 0.87% 220.04K $16.06M
10 Invesco Ltd. 0.86% 217.84K $15.90M

Analyst View

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Latest News

Recent headlines for CNXN

Google News Fri, 05 Jun 2026

Is PC Connection (CNXN) Stock Outpacing Its Retail-Wholesale Peers This Year? - Yahoo Finance

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Google News hu, 09 Jul 2026

TIME ranks Connection No. 449 among America’s Best Companies - Stock Titan

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Google News Wed, 08 Jul 2026

PC Connection (CNXN) Stock Looks Fairly Valued As Its 81% Five Year Run Continues - simplywall.st

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Google News Wed, 08 Jul 2026

PC Connection (NASDAQ:CNXN) Chairman Sells $520,366.12 in Stock - MarketBeat

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Google News Wed, 10 Jun 2026

Insider Sale: Chairman & Chief Admin Officer of $CNXN Sells 6,379 Shares | CNXN Stock News - Quiver Quantitative

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Google News Sun, 07 Jun 2026

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CNXN — Frequently Asked Questions

What is the current share price of PC Connection, Inc. (CNXN)?

As of 2026-07-14 21:23 PDT, PC Connection, Inc. (CNXN) trades at $77.59 on NasdaqGS. Its 52-week range is $55.49 to $78.49.

What is the market capitalisation of CNXN?

PC Connection, Inc. (CNXN) has a market capitalisation of $1.96B on NasdaqGS.

What is the P/E ratio of CNXN?

CNXN trades at a trailing price-to-earnings (P/E) ratio of 22.56. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 1.99.

Does CNXN pay a dividend?

PC Connection, Inc. (CNXN) currently offers a dividend yield of 1.10%.

What is the return on equity (ROE) of CNXN?

CNXN has a return on equity (ROE) of 9.73%. Its return on capital employed (ROCE) is 10.67%.

Is CNXN a good stock to buy?

This page provides a data-driven analysis of PC Connection, Inc. (CNXN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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