Arrow Income Statement Research

ARW Stock  USD 127.58  2.56  2.05%   
Most accounts from Arrow Electronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Arrow Electronics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Arrow Electronics Valuation and Arrow Electronics Correlation analysis.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.
  
At this time, Arrow Electronics' Net Income is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to climb to about 1.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.
Most accounts from Arrow Electronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Arrow Electronics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Arrow Electronics Valuation and Arrow Electronics Correlation analysis.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.At this time, Arrow Electronics' Net Income is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to climb to about 1.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.2B4.8B4.1B4.4B
Total Revenue34.5B37.1B33.1B34.8B

Arrow Electronics income statement Correlations

0.390.930.80.760.810.630.620.660.810.940.46-0.350.420.63-0.140.29-0.040.00.250.33-0.040.490.56
0.390.420.760.750.760.680.720.730.760.420.44-0.180.430.25-0.610.25-0.24-0.120.320.73-0.90.660.65
0.930.420.810.810.810.670.680.710.811.00.53-0.260.480.75-0.20.32-0.01-0.090.310.34-0.080.320.41
0.80.760.810.991.00.910.920.941.00.810.72-0.240.680.69-0.550.46-0.28-0.060.50.49-0.450.720.71
0.760.750.810.990.980.940.950.970.980.810.78-0.150.750.75-0.60.52-0.27-0.050.570.47-0.450.640.63
0.810.760.811.00.980.90.910.931.00.820.7-0.250.670.68-0.540.44-0.27-0.060.490.49-0.450.720.71
0.630.680.670.910.940.90.990.990.910.670.89-0.050.860.79-0.740.72-0.470.00.760.45-0.470.690.68
0.620.720.680.920.950.910.991.00.910.680.89-0.030.860.79-0.740.71-0.41-0.020.760.46-0.490.660.64
0.660.730.710.940.970.930.991.00.940.710.87-0.060.850.79-0.720.68-0.39-0.020.730.46-0.490.670.66
0.810.760.811.00.981.00.910.910.940.810.71-0.250.670.68-0.540.45-0.28-0.060.490.49-0.450.730.72
0.940.421.00.810.810.820.670.680.710.810.52-0.270.480.74-0.20.31-0.01-0.080.310.34-0.080.340.42
0.460.440.530.720.780.70.890.890.870.710.520.381.00.85-0.730.91-0.540.030.860.17-0.260.450.44
-0.35-0.18-0.26-0.24-0.15-0.25-0.05-0.03-0.06-0.25-0.270.380.430.15-0.20.5-0.30.020.31-0.360.1-0.35-0.34
0.420.430.480.680.750.670.860.860.850.670.481.00.430.8-0.740.93-0.570.080.840.16-0.270.460.46
0.630.250.750.690.750.680.790.790.790.680.740.850.150.8-0.480.73-0.26-0.170.810.120.00.210.25
-0.14-0.61-0.2-0.55-0.6-0.54-0.74-0.74-0.72-0.54-0.2-0.73-0.2-0.74-0.48-0.690.62-0.32-0.71-0.190.6-0.49-0.42
0.290.250.320.460.520.440.720.710.680.450.310.910.50.930.73-0.69-0.610.10.880.12-0.210.370.4
-0.04-0.24-0.01-0.28-0.27-0.27-0.47-0.41-0.39-0.28-0.01-0.54-0.3-0.57-0.260.62-0.61-0.24-0.460.00.26-0.52-0.48
0.0-0.12-0.09-0.06-0.05-0.060.0-0.02-0.02-0.06-0.080.030.020.08-0.17-0.320.1-0.24-0.16-0.350.070.10.06
0.250.320.310.50.570.490.760.760.730.490.310.860.310.840.81-0.710.88-0.46-0.160.17-0.260.320.31
0.330.730.340.490.470.490.450.460.460.490.340.17-0.360.160.12-0.190.120.0-0.350.17-0.760.540.65
-0.04-0.9-0.08-0.45-0.45-0.45-0.47-0.49-0.49-0.45-0.08-0.260.1-0.270.00.6-0.210.260.07-0.26-0.76-0.55-0.55
0.490.660.320.720.640.720.690.660.670.730.340.45-0.350.460.21-0.490.37-0.520.10.320.54-0.550.97
0.560.650.410.710.630.710.680.640.660.720.420.44-0.340.460.25-0.420.4-0.480.060.310.65-0.550.97
Click cells to compare fundamentals

Arrow Electronics Account Relationship Matchups

Arrow Electronics income statement Accounts

201920202021202220232024 (projected)
Interest Expense203.7M137.2M131.7M185.6M328.7M345.2M
Total Revenue28.9B28.7B34.5B37.1B33.1B34.8B
Gross Profit3.3B3.2B4.2B4.8B4.1B4.4B
Operating Income889.4M894.5M1.6B2.1B1.5B1.5B
Ebit889.4M894.5M1.6B2.1B1.6B1.6B
Ebitda1.1B1.1B1.8B2.3B1.7B1.8B
Cost Of Revenue25.6B25.5B30.3B32.3B29.0B30.4B
Income Before Tax(111.8M)759.3M1.4B1.9B1.2B1.2B
Net Income(200.2M)584.4M1.1B1.4B903.5M948.7M
Income Tax Expense88.3M172.8M325.9M449.0M255.0M141.0M
Minority Interest3.9M2.0M(2.3M)(8.3M)(8.8M)(8.4M)
Non Recurring89.8M(13.3M)(15.4M)(13.7M)(12.4M)(11.7M)
Tax Provision88.3M172.8M325.9M449.0M317.9M270.3M
Interest Income194.7M132.4M115.3M180.8M208.0M177.4M
Net Interest Income(203.7M)(137.2M)(131.7M)(185.6M)(308.9M)(293.4M)

Arrow Electronics Investors Sentiment

The influence of Arrow Electronics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Arrow. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Arrow Electronics' public news can be used to forecast risks associated with an investment in Arrow. The trend in average sentiment can be used to explain how an investor holding Arrow can time the market purely based on public headlines and social activities around Arrow Electronics. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Arrow Electronics' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Arrow Electronics' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Arrow Electronics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Arrow Electronics.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Arrow Electronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Arrow Electronics' short interest history, or implied volatility extrapolated from Arrow Electronics options trading.

Pair Trading with Arrow Electronics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arrow Electronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arrow Electronics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Arrow Stock

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Moving against Arrow Stock

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The ability to find closely correlated positions to Arrow Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arrow Electronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arrow Electronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arrow Electronics to buy it.
The correlation of Arrow Electronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arrow Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arrow Electronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arrow Electronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Arrow Electronics is a strong investment it is important to analyze Arrow Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arrow Electronics' future performance. For an informed investment choice regarding Arrow Stock, refer to the following important reports:
Check out Arrow Electronics Valuation and Arrow Electronics Correlation analysis.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Arrow Electronics' price analysis, check to measure Arrow Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arrow Electronics is operating at the current time. Most of Arrow Electronics' value examination focuses on studying past and present price action to predict the probability of Arrow Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrow Electronics' price. Additionally, you may evaluate how the addition of Arrow Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Arrow Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arrow Electronics. If investors know Arrow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arrow Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Earnings Share
15.84
Revenue Per Share
587.433
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0456
The market value of Arrow Electronics is measured differently than its book value, which is the value of Arrow that is recorded on the company's balance sheet. Investors also form their own opinion of Arrow Electronics' value that differs from its market value or its book value, called intrinsic value, which is Arrow Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arrow Electronics' market value can be influenced by many factors that don't directly affect Arrow Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arrow Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrow Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrow Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.