← ARROW ELECTRONICS, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $23.8b | $26.8b | $29.7b | $28.9b | $28.7b | $34.5b | $37.1b | $33.1b | $27.9b | $30.9b | |
| Cost of Goods and Services Sold | $20.7b | $23.5b | $26.0b | $25.6b | $25.5b | $30.3b | $32.3b | $29.0b | $24.6b | $27.4b | |
| Cost of sales | $20.7b | $23.5b | $26.0b | $25.6b | $25.5b | $30.3b | $32.3b | $29.0b | $24.6b | $27.4b | |
| Gross Profit | $3.1b | $3.4b | $3.7b | $3.3b | $3.2b | $4.2b | $4.8b | $4.1b | $3.3b | $3.5b | |
| Selling, general, and administrative | $2.1b | $2.2b | $2.3b | $2.2b | $2.1b | $2.4b | $2.6b | $2.4b | $2.2b | $2.4b | |
| Total operating expenses | $23.0b | $2.4b | $2.6b | $3.2b | $2.3b | $2.6b | $2.8b | $2.7b | $2.5b | $2.6b | |
| Operating Income (Loss) | $858.5m | $928.5m | $1.1b | $107.7m | $894.5m | $1.6b | $2.1b | $1.5b | $768.6m | $822.2m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $54.9m | $50.1m | $49.4m | $48.1m | $38.4m | $36.9m | $34.7m | $31.2m | $29.5m | $19.8m | |
| Basic (in shares) | $91.0m | $88.7m | $87.5m | $83.6m | $78.0m | $72.5m | $64.8m | $56.4m | $53.3m | $51.8m | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | — | — | $7.8m | ($5.8m) | $9.7m | ($12.0m) | $3.4m | |
| Depreciation and amortization | $159.2m | $153.6m | $186.4m | $189.8m | $189.1m | $195.1m | $187.4m | $181.1m | $163.0m | $137.8m | |
| Diluted (in shares) | $92.0m | $89.8m | $88.4m | $83.6m | $78.6m | $73.4m | $65.5m | $57.0m | $53.8m | $52.3m | |
| Equity in earnings of affiliated companies | $7.6m | $3.4m | ($2.3m) | ($2.8m) | ($531k) | $3.5m | $7.7m | $6.4m | $1.4m | $3.2m | |
| Gain (Loss) on Investments | $0 | ($14.2m) | ($14.2m) | $11.8m | $5.3m | $13.0m | ($2.9m) | $19.3m | ($4.8m) | $109.9m | |
| Gain (loss) on investments, net | $0 | $14.2m | ($14.2m) | $11.8m | $5.3m | $13.0m | ($2.9m) | $19.3m | ($4.8m) | $109.9m | |
| Goodwill, Impairment Loss | — | $7.9m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $235.3m | $115.8m | $186.7m | ($557.6m) | $104.6m | $339.5m | $517.6m | ($38.8m) | ($235.0m) | ($68.9m) | |
| Income (Loss) from Equity Method Investments | $7.6m | $3.4m | ($2.3m) | ($2.8m) | ($531k) | $3.5m | $7.7m | $6.4m | $1.4m | $3.2m | |
| Loss on extinguishment of debt | $0 | $59.5m | $0 | $0 | — | — | $0 | $0 | ($1.7m) | $0 | |
| Noncontrolling interests | $2.0m | $5.2m | $5.4m | $3.9m | $2.0m | $2.3m | $8.3m | $5.9m | $1.4m | ($1.6m) | |
| Provision for income taxes | $190.7m | $287.1m | $187.8m | $88.3m | $172.8m | $325.9m | $449.0m | $255.0m | $95.8m | $148.2m | |
| Restructuring, integration, and other | — | — | — | $89.8m | $13.3m | $10.9m | $13.7m | $83.9m | $142.9m | $116.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | — | $1.2b | $489.3m | $717.9m | |
| Income before income taxes | $715.4m | $694.3m | $909.4m | ($111.8m) | $759.3m | $1.4b | $1.9b | $1.2b | $489.3m | $717.9m | |
| Consolidated net income | $524.7m | $407.2m | $721.6m | ($200.2m) | $586.5m | $1.1b | $1.4b | $909.4m | $393.5m | $569.7m | |
| Net Income (Loss) Attributable to Parent | $522.8m | $402.0m | $716.2m | ($204.1m) | $584.4m | $1.1b | $1.4b | $903.5m | $392.1m | $571.3m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $2.0m | $5.2m | $5.4m | $3.9m | $2.0m | $2.3m | $8.3m | $5.9m | $1.4m | ($1.6m) | |
| Earnings Per Share, Basic | $5.75 | $4.53 | $8.19 | ($2.44) | $7.49 | $15.29 | $22.01 | $16.03 | $7.36 | $11.03 | |
| Earnings Per Share, Diluted | $5.68 | $4.48 | $8.10 | ($2.44) | $7.43 | $15.10 | $21.80 | $15.84 | $7.29 | $10.93 | |
| Weighted Average Number of Shares Outstanding, Basic | 91.0m | 88.7m | 87.5m | 83.6m | 78.0m | 72.5m | 64.8m | 56.4m | 53.3m | 51.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 92.0m | 89.8m | 88.4m | 83.6m | 78.6m | 73.4m | 65.5m | 57.0m | 53.8m | 52.3m | |
| Costs and Expenses | $23.0b | $2.4b | $2.6b | $3.2b | $2.3b | $2.6b | $2.8b | $2.7b | $2.5b | $2.6b | |
| Current Income Tax Expense (Benefit) | $162.5m | $248.7m | $186.6m | $138.6m | $143.1m | $301.2m | $462.0m | $349.0m | $195.7m | $184.4m | |
| Environmental Remediation Expense | — | — | — | — | — | — | — | $23.3m | — | $4.5m | |
| Interest and other financing expense, net | $150.7m | $163.8m | $214.8m | ($203.7m) | ($137.2m) | ($131.7m) | ($185.6m) | ($328.7m) | ($269.8m) | ($215.1m) | |
| Labor and Related Expense | — | — | — | — | — | — | — | $19.1m | — | — | |
| Other Cost and Expense, Operating | $0 | — | — | — | — | — | — | — | — | — | |
| Post-retirement expense, net | $20.5m | $23.9m | $6.9m | ($24.8m) | ($2.9m) | ($5.2m) | ($3.5m) | ($3.8m) | ($4.3m) | ($2.3m) | |
| Restructuring and Related Cost, Incurred Cost | — | — | — | $89.8m | $13.3m | $10.9m | $13.7m | $83.9m | $142.9m | $116.1m | |
| Selling, General and Administrative Expense | $2.1b | $2.2b | $2.3b | $2.2b | $2.1b | $2.4b | $2.6b | $2.4b | $2.2b | $2.4b | |
| Income Tax Expense (Benefit) | $190.7m | $287.1m | $187.8m | $88.3m | $172.8m | $325.9m | $449.0m | $255.0m | $95.8m | $148.2m | |
| Interest Income (Expense), Net | ($150.7m) | ($163.8m) | ($214.8m) | ($203.7m) | ($137.2m) | ($131.7m) | ($185.6m) | ($328.7m) | ($269.8m) | ($215.1m) | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | — | — | — | — | $3.8m | $4.3m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.