Restructuring and cost reductionsnegative · 4 filings
“The company expects to substantially complete the Plan by the end of fiscal year 2026, subject to, among other things, local legal and consultation requirements.”10-Q · May 7, 2026 ↗
Arrow Electronics, Inc.
ARW
Market read
Arrow Electronics, Inc.'s current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 16 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 12 directly disclosed connections are confirming.
What changed
- Revenue increased 31.8% versus the comparable filing period.
Company-0.7% todayVolume comparison unavailable
Market group0 of 16 activeTechnology-Heavy Mixed · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- ARW's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if ARW's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 16 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 12 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 31.8% versus the comparable filing period.
- Operating margin improved 1.3 percentage points.
- Net income increased 45.3% versus the comparable filing period.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- ARW's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements50
Verified relationships10
Evidence supporting the case
- Latest annual revenue changed +10.5% year over year.
Evidence challenging the case
- Operating cash flow was only 0.11x net income in the latest annual period.
- Demand and volume has repeated adverse evidence across 3 filings.
Questions before a position
- P/E is 16% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 24% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
213.276m+50.1%12m+69.0%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$34.5B+20.2%$15.10-6.7%
2022-12-31$37.1B+7.7%$21.80-10.8%
2023-12-31$33.1B-10.8%$15.84-12.9%
2024-12-31$27.9B-15.7%$7.29-5.7%
2025-12-31$30.9B+10.5%$10.93-2.9%
What management says matters
Persistent and emerging business drivers
Demand and volumenegative · 3 filings
“During the second quarter and first six months of 2026, changes in foreign currencies increased earnings per share on a diluted basis by $0.09 and $0.16, respectively, compared to the year-earlier periods.”10-Q · Aug 6, 2026 ↗
Supply chain and availabilitynegative · 2 filings
“The decrease in working capital during the first six months of 2026 was primarily attributable to the timing of settlements, most notably within the Global Components supply chain services offerings.”10-Q · Aug 6, 2026 ↗
Credit and interest ratesnegative · 1 filings
“The change in cash used for financing activities was primarily due to a decrease in short term and other borrowings, lower redemption of notes and lower share repurchases in 2025.”10-K · Feb 11, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.4× · EV/sales 0.5×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
213.27-0.7% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ARW. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment
Fundamentals strengthened in the latest filing
10-Q filed 2026-08-06 against the comparable filing from 2025-07-31.
OperationsconstructiveEvidence score +4
liquidityneutralEvidence score 0
valuationmixed
Capital and cash conversion
Cash conversion improved
Capital-spending intensity declined while free-cash-flow margin improved.
- Capital spending YoY
- +22.1%
- Capital spending / revenue
- +0.3%
- Free-cash-flow margin
- +5.0%
- FCF margin change
- +4.2 pts
Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.
What improved
- Revenue increased 31.8% versus the comparable filing period.
- Operating margin improved 1.3 percentage points.
- Net income increased 45.3% versus the comparable filing period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“The decrease in working capital as a percentage of sales was primarily due to increased sales. Cash and Cash Equivalents Cash equivalents consist of highly liquid investments, which are readily convertible into cash, with original maturities of three months or less.”
“noncontrolling interests. The increase in net income attributable to shareholders in the second quarter and first six months of 2026 compared to the year-earlier periods relates primarily to changes in sales, gross profit, and interest and other financing expense, net, partially offset by the decrease in gain on investments, net discussed above.”
“The change in cash provided by operating activities during 2026, compared to the year-earlier period, relates primarily to timing of settlements, most notably within the Global Components supply chain services offerings, and increase in income from operations, partially offset by higher inventory purchases to support future sales growth .”
Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.
Business ecosystem
The relationships behind ARW
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AMGAffiliated Managers Group, Inc.investeeFeb 11, 2026 ▾
“The change in cash provided by (used for) investing activities related primarily to proceeds from the sale of an investment in certain equity securities (refer to Note 3 - “Investments in Affiliated Companies” within Item 8) and proceeds for the settlement of…”
AMGAffiliated Managers Group, Inc.partnerFeb 11, 2026 ▾
“Investments in Affiliated Companies The company owns a 50 % interest in two joint ventures with Marubun Corporation (collectively “Marubun/Arrow”) and a 50 % interest in one other joint venture.”
Depended on by
NTAP21.0% of NTAPcustomerJun 9, 2025 ▾
“Sales to customers Arrow Electronics, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 10 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ARW is currently a Participant in the organic co-movement group Technology-Heavy Mixed. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for ARW; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.