ARROW ELECTRONICS, INC. ARW
Arrow Electronics, Inc. (the "company" or "Arrow") sources and engineers technology for thousands of leading manufacturers, service providers, and users of enterprise computing solutions. The company has one of the world's broadest portfolios of product offerings available from leading electronic components and enterprise computing solutions suppliers. Equipped with a range of services, solutions, and software, the company helps industrial and commercial customers introduce innovative products, reduce their time to market, and enhance their overall competitiveness. Arrow was incorporated in New York in 1946.
Arrow's diverse worldwide customer base consists of OEMs, VARs, MSPs, EMS providers, and other commercial customers. These customers include manufacturers of products serving industries including industrial, automotive and transportation, computing, networking and communications, among others.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.85B | $27.92B | $33.11B | $37.12B | $34.48B | $28.67B | $28.92B | $29.68B | $26.55B | $23.49B |
| Cost of revenue | $27.39B | $24.63B | $28.96B | $32.29B | $30.27B | $25.48B | $25.62B | $25.98B | $23.20B | $20.34B |
| Gross profit | $3.47B | $3.29B | $4.15B | $4.84B | $4.20B | $3.19B | $3.30B | $3.70B | $3.36B | $3.14B |
| SG&A | $2.39B | $2.22B | $2.41B | $2.57B | $2.44B | $2.09B | $2.19B | $2.30B | $2.16B | $2.05B |
| Total operating expenses | $2.64B | $2.52B | $2.68B | $2.77B | $2.65B | $2.30B | $3.19B | $2.55B | $2.41B | $2.27B |
| Operating income | $822.2M | $768.6M | $1.47B | $2.07B | $1.56B | $894.5M | $107.7M | $1.15B | $945.7M | $876.8M |
| Interest expense | $215.1M | $269.8M | $328.7M | $185.6M | $131.7M | $137.2M | $203.7M | $214.8M | $165.3M | $151.3M |
| Pre-tax income | $717.9M | $489.3M | $1.16B | $1.88B | $1.44B | $757.2M | -$115.7M | $904.0M | $688.7M | $713.5M |
| Income tax | $148.2M | $95.8M | $255.0M | $449.0M | $325.9M | $172.8M | $88.3M | $187.8M | $286.5M | $190.7M |
| Net income | $571.3M | $392.1M | $903.5M | $1.43B | $1.11B | $584.4M | -$204.1M | $716.2M | $402.2M | $522.8M |
| EPS, basic | 11.03 | 7.36 | 16.03 | 22.01 | 15.29 | 7.49 | -2.44 | 8.19 | 4.54 | 5.75 |
| EPS, diluted | 10.93 | 7.29 | 15.84 | 21.80 | 15.10 | 7.43 | -2.44 | 8.10 | 4.48 | 5.68 |
| Shares, diluted (wtd. avg.) | $52.3M | $53.8M | $57.0M | $65.5M | $73.4M | $78.6M | $83.6M | $88.4M | $89.8M | $92.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $306.5M | $188.8M | $218.1M | $176.9M | $222.2M | $373.6M | $300.1M | $509.3M | $730.1M | $534.3M |
| Receivables | $19.74B | $13.03B | $12.24B | $12.32B | $11.12B | $9.21B | $8.48B | $8.95B | $8.13B | $6.75B |
| Inventory | $5.08B | $4.71B | $5.19B | $5.32B | $4.20B | $3.29B | $3.48B | $3.88B | $3.30B | $2.86B |
| Total current assets | $25.66B | $18.40B | $18.33B | $18.34B | $15.89B | $13.15B | $12.53B | $13.61B | $12.41B | $10.32B |
| Property, plant and equipment | $474.6M | $469.3M | $530.7M | $596.5M | $682.8M | $799.6M | $803.1M | $824.7M | $838.5M | $756.3M |
| Goodwill | $2.12B | $2.06B | $2.05B | $2.03B | $2.08B | $2.12B | $2.06B | $2.62B | $2.47B | $2.39B |
| Other intangibles | $77.0M | $96.7M | $127.4M | $159.1M | $195.0M | $233.8M | $271.9M | $372.6M | $286.2M | $336.9M |
| Total assets | $29.08B | $21.76B | $21.73B | $21.76B | $19.54B | $17.05B | $16.40B | $17.78B | $16.46B | $14.21B |
| Accounts payable | $17.38B | $11.05B | $10.07B | $10.46B | $9.62B | $7.94B | $7.05B | $7.63B | $6.76B | $5.77B |
| Short-term debt | $341.0K | $350.0M | $1.65B | $589.9M | $382.6M | $158.6M | $331.4M | $246.3M | $356.8M | $93.8M |
| Total current liabilities | $18.85B | $12.64B | $13.19B | $12.39B | $11.33B | $9.13B | $8.26B | $8.79B | $7.96B | $6.69B |
| Long-term debt | $3.08B | $2.77B | $2.15B | $3.18B | $2.24B | $2.10B | $2.64B | $3.24B | $2.93B | $2.70B |
| Retained earnings | $6.55B | $5.98B | $5.79B | $9.21B | $7.79B | $6.68B | $6.13B | $6.34B | $5.60B | $5.20B |
| Total equity | $6.58B | $5.76B | $5.88B | $5.61B | $5.34B | $5.15B | $4.87B | $5.38B | $5.00B | $4.46B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $64.0M | $1.13B | $705.4M | -$33.1M | $419.0M | $1.36B | $858.0M | $272.7M | $124.6M | $359.7M |
| Depreciation and amortisation | $137.8M | $163.0M | $181.1M | $187.4M | $195.1M | $189.1M | $189.8M | $186.4M | $153.6M | $159.2M |
| Stock-based compensation | $27.9M | $34.6M | $41.6M | $42.9M | $36.1M | $35.3M | $41.1M | $46.2M | $39.1M | $39.8M |
| Capital expenditure | $101.3M | $92.7M | $83.3M | $78.8M | $83.1M | $123.6M | $143.2M | $135.3M | $203.9M | $164.7M |
| Investing cash flow | $23.6M | -$94.4M | -$72.3M | -$57.7M | -$60.1M | -$138.8M | -$173.6M | -$463.0M | -$188.8M | -$241.4M |
| Financing cash flow | -$206.1M | -$956.8M | -$666.2M | $109.8M | -$463.3M | -$1.23B | -$906.4M | -$36.8M | $256.7M | $162.2M |
| Buybacks | $161.7M | $265.1M | $770.2M | $1.05B | $911.5M | $483.7M | $404.2M | $243.3M | $174.2M | $216.4M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-012765.
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| UUU | UNIVERSAL SAFETY PRODUCTS, INC. | $16.0M | — | -79.4% |
| RELL | RICHARDSON ELECTRONICS, LTD. | — | — | 16.3% |
| ITRN | Ituran Location & Control Ltd. | — | — | 6.8% |