Concrete‐filled double steel plate (CFDSP) composite shear walls have excellent seismic performance and are generally used as lateral resistance for high‐rise buildings. However, the numerical simulation of such walls is complicated because of the complex contact between the concrete, the external steel plate, and the shear studs. Eighteen CFDSP walls in the present literature were numerically simulated under cyclic and constant axial loading, and the accuracy was evaluated by comparing them with the experimental results. Then, the impact of cross‐section variations on the structural performance of CFDSP walls under the same steel content ratio was numerically investigated. Designed numerical walls were evaluated under the same loading conditions with four distinct cross‐sections for comparative analysis. Finally, parametric analysis was performed to observe the influence of aspect ratio, steel thickness, and stud spacing on the seismic performance of CFDSP walls. The analysis results show that the proposed numerical model can accurately recover the hysteretic curves of CFDSP walls regarding strength reduction, energy dissipation, and pinch behavior.