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
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Global Components
- Global ECS
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Global Components | $21.50B | $19.98B | $25.42B |
| Global ECS | $9.35B | $7.94B | $7.69B |
As the company reported it, from the “Segment and Geographic Information - Operations by Segment (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
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.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.49B | $26.55B | $29.68B | $28.92B | $28.67B | $34.48B | $37.12B | $33.11B | $27.92B | $30.85B |
| Gross profit | $3.14B | $3.36B | $3.70B | $3.30B | $3.19B | $4.20B | $4.84B | $4.15B | $3.29B | $3.47B |
| Net income | $522.8M | $402.2M | $716.2M | -$204.1M | $584.4M | $1.11B | $1.43B | $903.5M | $392.1M | $571.3M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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