An analysis technique of steady state and stability for closed-loop PWM DC/DC switching converters is presented. Using this method, the closed-loop switching converter is transformed into an open-loop system. By means of the fact that in steady state, the two boundary values are equal in one switching period. The exponential matrix is evaluated by precise time-domain-integration method, and then the related curve between feedback duty cycle and the input one is obtained. Not only can the steady-state duty cycle be found from the curve, but also the stability and stable domain of the system. Compared with other methods, it features with simplicity and less calculation, and fit for numerical simulation and analysis for closed-loop switching converters. The simulation results of examples indicate the correctness of the presented method.