Arrow Electronics, Inc. (ARW)

Arrow Electronics Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	33,107	37,124	34,477	28,673	28,917
Revenue Growth (YoY)	-10.82%	7.68%	20.24%	-0.84%	-2.56%
Cost of Revenue	28,958	32,288	30,275	25,482	25,618
Gross Profit	4,149	4,837	4,202	3,191	3,298
Selling, General & Admin	2,413	2,567	2,435	2,087	2,192
Other Operating Expenses	265.03	201.12	210.51	209.57	999.07
Operating Expenses	2,678	2,768	2,646	2,297	3,191
Operating Income	1,471	2,068	1,557	894.51	107.7
Interest Expense / Income	328.72	185.65	131.73	137.21	203.74
Other Expense / Income	-16.06	6.97	-9.01	0.07	19.7
Pretax Income	1,158	1,876	1,434	757.23	-115.75
Income Tax	254.99	448.99	325.91	172.8	88.34
Net Income	903.51	1,427	1,108	584.44	-204.09
Net Income Growth	-36.68%	28.76%	89.62%	-	-
Shares Outstanding (Basic)	56	65	72	78	84
Shares Outstanding (Diluted)	57	65	73	79	84
Shares Change	-12.86%	-10.81%	-6.68%	-5.90%	-5.51%
EPS (Basic)	16.03	22.01	15.29	7.49	-2.44
EPS (Diluted)	15.84	21.80	15.10	7.43	-2.44
EPS Growth	-27.34%	44.37%	103.23%	-	-
Free Cash Flow	622.16	-111.91	358.1	1,236	714.8
Free Cash Flow Per Share	11.04	-1.73	4.94	15.85	8.55
Gross Margin	12.53%	13.03%	12.19%	11.13%	11.41%
Operating Margin	4.44%	5.57%	4.52%	3.12%	0.37%
Profit Margin	2.73%	3.84%	3.21%	2.04%	-0.71%
Free Cash Flow Margin	1.88%	-0.30%	1.04%	4.31%	2.47%
Effective Tax Rate	22.01%	23.94%	22.73%	22.82%	-
EBITDA	1,668	2,249	1,761	1,084	277.78
EBITDA Margin	5.04%	6.06%	5.11%	3.78%	0.96%
Depreciation & Amortization	181.12	187.38	195.12	189.06	189.79
EBIT	1,487	2,062	1,566	894.44	87.99
EBIT Margin	4.49%	5.55%	4.54%	3.12%	0.30%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).