CNXNPC CONNECTION INC
Wholesale-Computers & Peripheral Equipment & Software
- Revenue
- $2.9B
- 2.5% YoY
- Operating margin
- 3.5%
- 0.2% YoY
- EBITDA
- $110M
- 0.9% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired78% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowFired140% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear5% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.9B | $3.1B | $2.9B | $2.8B | $2.9B | 2.5% |
| Operating income | $97M | $121M | $103M | $97M | $99M | 2.3% |
| Net income | $70M | $89M | $83M | $87M | $84M | 3.9% |
| Operating cash flow | $58M | $35M | $198M | $174M | $65M | 62% |
| Capex | — | — | $10M | $8M | $7M | 2.5% |
| Stock-based comp | $4M | $6M | $7M | $8M | $9M | 10% |
| Buybacks | — | — | $5M | $12M | $76M | 516% |
| Dividends | $26M | $9M | $8M | $11M | $15M | 45% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.