Stocks · Industrials · Wholesale-Electronic Parts & Equipment, NEC

ARROW ELECTRONICS, INC.

ARW Clue Score28
United States Fiscal year ends December CIK 0000007536
$227.90 +0.51% Close, 9 Oct 2026
Price $227.90 +94.57% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue23.49Operating income0.88Net income0.52EPS, diluted5.68Fiscal year 2017Revenue26.55 +13.1%Operating income0.95Net income0.40 −23.1%EPS, diluted4.48 −21.1%Fiscal year 2018Revenue29.68 +11.8%Operating income1.15Net income0.72 +78.1%EPS, diluted8.10 +80.8%Fiscal year 2019Revenue28.92 −2.6%Operating income0.11Net income−0.20 −128.5%EPS, diluted−2.44 −130.1%Fiscal year 2020Revenue28.67 −0.8%Operating income0.89Net income0.58EPS, diluted7.43Fiscal year 2021Revenue34.48 +20.2%Operating income1.56Net income1.11 +89.6%EPS, diluted15.10 +103.2%Fiscal year 2022Revenue37.12 +7.7%Operating income2.07Net income1.43 +28.8%EPS, diluted21.80 +44.4%Fiscal year 2023Revenue33.11 −10.8%Operating income1.47Net income0.90 −36.7%EPS, diluted15.84 −27.3%Fiscal year 2024Revenue27.92 −15.7%Operating income0.77Net income0.39 −56.6%EPS, diluted7.29 −54.0%Fiscal year 2025Revenue30.85 +10.5%Operating income0.82Net income0.57 +45.7%EPS, diluted10.93 +49.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 23.49 26.55 29.68 28.92 28.67 34.48 37.12 33.11 27.92 30.85
Growth +13.1% +11.8% −2.6% −0.8% +20.2% +7.7% −10.8% −15.7% +10.5%
Operating income 0.88 0.95 1.15 0.11 0.89 1.56 2.07 1.47 0.77 0.82
Net income 0.52 0.40 0.72 −0.20 0.58 1.11 1.43 0.90 0.39 0.57
Growth −23.1% +78.1% −128.5% +89.6% +28.8% −36.7% −56.6% +45.7%
EPS, diluted 5.68 4.48 8.10 −2.44 7.43 15.10 21.80 15.84 7.29 10.93
Growth −21.1% +80.8% −130.1% +103.2% +44.4% −27.3% −54.0% +49.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin13.4%Operating margin3.7%Net margin2.2%Free cash flow margin0.8%Fiscal year 2017Gross margin12.6%Operating margin3.6%Net margin1.5%Free cash flow margin−0.3%Fiscal year 2018Gross margin12.5%Operating margin3.9%Net margin2.4%Free cash flow margin0.5%Fiscal year 2019Gross margin11.4%Operating margin0.4%Net margin−0.7%Free cash flow margin2.5%Fiscal year 2020Gross margin11.1%Operating margin3.1%Net margin2.0%Free cash flow margin4.3%Fiscal year 2021Gross margin12.2%Operating margin4.5%Net margin3.2%Free cash flow margin1.0%Fiscal year 2022Gross margin13.0%Operating margin5.6%Net margin3.8%Free cash flow margin−0.3%Fiscal year 2023Gross margin12.5%Operating margin4.4%Net margin2.7%Free cash flow margin1.9%Fiscal year 2024Gross margin11.8%Operating margin2.8%Net margin1.4%Free cash flow margin3.7%Fiscal year 2025Gross margin11.2%Operating margin2.7%Net margin1.9%Free cash flow margin−0.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 13.4% 12.6% 12.5% 11.4% 11.1% 12.2% 13.0% 12.5% 11.8% 11.2%
Operating margin 3.7% 3.6% 3.9% 0.4% 3.1% 4.5% 5.6% 4.4% 2.8% 2.7%
Net margin 2.2% 1.5% 2.4% −0.7% 2.0% 3.2% 3.8% 2.7% 1.4% 1.9%
Free cash flow margin 0.8% −0.3% 0.5% 2.5% 4.3% 1.0% −0.3% 1.9% 3.7% −0.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.36Capital expenditure−0.16Free cash flow0.19Buybacks−0.22Fiscal year 2017Operating cash flow0.12Capital expenditure−0.20Free cash flow−0.08 −140.7%Buybacks−0.17Fiscal year 2018Operating cash flow0.27Capital expenditure−0.14Free cash flow0.14Buybacks−0.24Fiscal year 2019Operating cash flow0.86Capital expenditure−0.14Free cash flow0.71 +420.4%Buybacks−0.40Fiscal year 2020Operating cash flow1.36Capital expenditure−0.12Free cash flow1.24 +73.0%Buybacks−0.48Fiscal year 2021Operating cash flow0.42Capital expenditure−0.08Free cash flow0.34 −72.8%Buybacks−0.91Fiscal year 2022Operating cash flow−0.03Capital expenditure−0.08Free cash flow−0.11 −133.3%Buybacks−1.05Fiscal year 2023Operating cash flow0.71Capital expenditure−0.08Free cash flow0.62Buybacks−0.77Fiscal year 2024Operating cash flow1.13Capital expenditure−0.09Free cash flow1.04 +66.8%Buybacks−0.27Fiscal year 2025Operating cash flow0.06Capital expenditure−0.10Free cash flow−0.04 −103.6%Buybacks−0.16
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.36 0.12 0.27 0.86 1.36 0.42 −0.03 0.71 1.13 0.06
Capital expenditure −0.16 −0.20 −0.14 −0.14 −0.12 −0.08 −0.08 −0.08 −0.09 −0.10
Free cash flow 0.19 −0.08 0.14 0.71 1.24 0.34 −0.11 0.62 1.04 −0.04
Growth −140.7% +420.4% +73.0% −72.8% −133.3% +66.8% −103.6%
Buybacks −0.22 −0.17 −0.24 −0.40 −0.48 −0.91 −1.05 −0.77 −0.27 −0.16

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.53Total debt2.70Net cash (debt)−2.16Shareholders’ equity4.41Debt to equity0.61Fiscal year 2017Cash0.73Total debt2.93Net cash (debt)−2.20Shareholders’ equity4.95Debt to equity0.59Fiscal year 2018Cash0.51Total debt3.24Net cash (debt)−2.73Shareholders’ equity5.32Debt to equity0.61Fiscal year 2019Cash0.30Total debt2.64Net cash (debt)−2.34Shareholders’ equity4.81Debt to equity0.55Fiscal year 2020Cash0.37Total debt2.10Net cash (debt)−1.72Shareholders’ equity5.09Debt to equity0.41Fiscal year 2021Cash0.22Total debt2.24Net cash (debt)−2.02Shareholders’ equity5.28Debt to equity0.42Fiscal year 2022Cash0.18Total debt3.18Net cash (debt)−3.01Shareholders’ equity5.55Debt to equity0.57Fiscal year 2023Cash0.22Total debt2.15Net cash (debt)−1.94Shareholders’ equity5.81Debt to equity0.37Fiscal year 2024Cash0.19Total debt2.77Net cash (debt)−2.58Shareholders’ equity5.76Debt to equity0.48Fiscal year 2025Cash0.31Total debt3.08Net cash (debt)−2.78Shareholders’ equity6.58Debt to equity0.47
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.53 0.73 0.51 0.30 0.37 0.22 0.18 0.22 0.19 0.31
Total debt 2.70 2.93 3.24 2.64 2.10 2.24 3.18 2.15 2.77 3.08
Net cash (debt) −2.16 −2.20 −2.73 −2.34 −1.72 −2.02 −3.01 −1.94 −2.58 −2.78
Shareholders’ equity 4.41 4.95 5.32 4.81 5.09 5.28 5.55 5.81 5.76 6.58
Debt to equity 0.61 0.59 0.61 0.55 0.41 0.42 0.57 0.37 0.48 0.47

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
0.36 0.12 0.27 0.86 1.36 0.42 −0.03 0.71 1.13 0.06
Growth −65.4% +118.9% +214.6% +58.5% −69.2% −107.9% +60.2% −94.3%
0.16 0.15 0.19 0.19 0.19 0.20 0.19 0.18 0.16 0.14
Investment
−0.16 −0.20 −0.14 −0.14 −0.12 −0.08 −0.08 −0.08 −0.09 −0.10
calc 0.19 −0.08 0.14 0.71 1.24 0.34 −0.11 0.62 1.04 −0.04
Growth −140.7% +420.4% +73.0% −72.8% −133.3% +66.8% −103.6%
calc 2.12 −0.88 1.55 8.55 15.72 4.58 −1.71 10.91 19.29 −0.71
−0.24 −0.19 −0.46 −0.17 −0.14 −0.06 −0.06 −0.07 −0.09 0.02
Financing
0.16 0.26 −0.04 −0.91 −1.23 −0.46 0.11 −0.67 −0.96 −0.21
−0.22 −0.17 −0.24 −0.40 −0.48 −0.91 −1.05 −0.77 −0.27 −0.16

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.