CoverageForm 410-K10-Q8-K13D13G13F

ARW · Arrow Electronics, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · ARW

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$30.85B$27.92B$33.11B$37.12B$34.48B$28.67B
Cost of Revenue$27.39B$24.63B$28.96B$32.29B$30.27B$25.48B
Gross Profit$3.47B$3.29B$4.15B$4.84B$4.20B$3.19B
R&D------
SG&A$2.39B$2.22B$2.41B$2.57B$2.44B$2.09B
Total Operating Expenses$2.64B$2.52B$2.68B$2.77B$2.65B$2.30B
D&A$137.75M$162.99M$181.12M$187.38M$195.12M$189.06M
Operating Income$822.22M$768.56M$1.47B$2.07B$1.56B$894.51M
Interest Expense------
Income Tax$148.23M$95.81M$254.99M$448.99M$325.91M$172.79M
Net Income$571.27M$392.07M$903.50M$1.43B$1.11B$584.44M
EPS - Basic$11.03$7.36$16.03$22.01$15.29$7.49
EPS - Diluted$10.93$7.29$15.84$21.80$15.10$7.43

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$306.47M$188.81M$218.05M$176.91M$222.19M$373.62M
Accounts Receivable$19.74B$13.03B$12.24B$12.32B$11.12B$9.21B
Inventory$5.08B$4.71B$5.19B$5.32B$4.20B$3.29B
Accounts Payable$17.38B$11.05B$10.07B$10.46B$9.62B$7.94B
Current Assets$25.66B$18.40B$18.33B$18.34B$15.89B$13.15B
Total Assets$29.08B$21.76B$21.73B$21.76B$19.54B$17.05B
Current Liabilities$18.85B$12.64B$13.19B$12.39B$11.33B$9.13B
Long-term Debt$3.08B$2.77B$2.15B$3.18B$2.24B$2.10B
Total Liabilities------
Stockholders' Equity$6.58B$5.76B$5.81B$5.55B$5.28B$5.09B
Retained Earnings$6.55B$5.98B$5.79B$9.21B$7.79B$6.68B

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$64.05M$1.13B$705.45M($33.08M)$418.98M$1.36B
Investing Cash Flow$23.60M($94.44M)($72.32M)($57.71M)($60.12M)($138.79M)
Financing Cash Flow($206.14M)($956.83M)($666.22M)$109.78M($463.30M)($1.23B)
CapEx$101.25M$92.70M$83.28M$78.84M$83.05M$123.58M
Free Cash Flow($37.20M)$1.04B$622.16M($111.91M)$335.93M$1.24B

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin11.2%11.8%12.5%13.0%12.2%11.1%
Operating margin2.7%2.8%4.4%5.6%4.5%3.1%
EBITDA margin3.1%3.3%5.0%6.1%5.1%3.8%
Net margin1.9%1.4%2.7%3.8%3.2%2.0%
Free cash flow margin-0.1%3.7%1.9%-0.3%1.0%4.3%
FCF / Net income-0.072.650.69-0.080.302.12
R&D / Revenue------
SG&A / Revenue7.7%7.9%7.3%6.9%7.1%7.3%
Effective tax rate20.6%19.6%22.0%23.9%22.7%22.8%
Return on assets2.0%1.8%4.2%6.6%5.7%3.4%
Return on equity8.7%6.8%15.6%25.7%21.0%11.5%
Return on invested capital6.8%7.2%14.4%18.0%16.0%9.6%
Liquidity
Current ratio1.361.461.391.481.401.44
Quick ratio1.091.081.001.051.031.08
Cash ratio0.020.010.020.010.020.04
Leverage
Debt / Equity0.470.480.370.570.420.41
Debt / Assets0.110.130.100.150.110.12
Debt / EBITDA3.212.981.301.411.281.94
Interest coverage------
Equity multiplier4.423.783.743.923.703.35
Liabilities / Assets------
Efficiency
Asset turnover1.061.281.521.711.761.68
Inventory turnover5.395.235.586.077.207.75
Days sales outstanding234d170d135d121d118d117d
Days inventory outstanding68d70d65d60d51d47d
Days payable outstanding232d164d127d118d116d114d
Cash conversion cycle70d76d73d63d52d51d
Valuation
P / E10.1x15.5x7.7x4.8x8.9x13.1x
P / B0.9x1.1x1.2x1.2x1.9x1.5x
P / S0.2x0.2x0.2x0.2x0.3x0.3x
EV / EBITDA8.9x9.3x5.4x4.4x6.8x8.7x
Growth
Revenue growth (YoY)10.5%-15.7%-10.8%7.7%20.2%-0.8%
Revenue CAGR (3y)-6.0%-6.8%4.9%8.7%13.6%6.4%
Revenue CAGR (5y)1.5%-0.7%7.1%9.3%8.7%6.1%
Gross profit growth (YoY)5.3%-20.6%-14.2%15.1%31.7%-3.3%
Operating income growth (YoY)7.0%-47.8%-28.9%32.9%74.0%730.6%
Net income growth (YoY)45.7%-56.6%-36.7%28.8%89.6%-
EPS growth (YoY)49.9%-54.0%-27.3%44.4%103.2%-
EPS CAGR (3y)-20.6%-21.6%28.7%-23.1%18.4%
EPS CAGR (5y)8.0%-14.4%37.2%21.6%7.4%
FCF growth (YoY)-66.8%---72.8%73.0%
FCF CAGR (5y)-7.7%35.3%-11.9%19.8%
Book value growth (YoY)14.3%-0.8%4.7%5.0%3.8%5.8%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$30.85B total
Global Components$21.50B · 69.7%
Global Ecs$9.35B · 30.3%

Geographic

$72.65B total
Non Us$20.30B · 27.9%
Other Foreign$12.73B · 17.5%
US$10.55B · 14.5%
Asia Pacific$8.89B · 12.2%
Americas$6.94B · 9.6%
EMEA$5.67B · 7.8%
China And Hong Kong$4.42B · 6.1%
DE$3.16B · 4.3%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

4/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Wholesale-Electronic Parts & Equipment, NEC

CompanyRevenue (last FY)Net marginROE
AVT$22.20B1.1%4.8%
TEL$17.26B10.7%14.6%
VOXX$468.91M-8.7%-13.9%
RELL$208.91M-0.5%-0.7%
UUU$23.56M2.1%9.7%

Comparing ARROW ELECTRONICS against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-datePer share
Sep 18, 1986$0.0250
Jun 19, 1986$0.0250
Mar 20, 1986$0.0250
Dec 19, 1985$0.0250
Sep 19, 1985$0.0250
Jun 20, 1985$0.0250
Mar 21, 1985$0.0250