Arrow Electronics, Inc. Arrow Electronics, Inc. [ARW] has reported $109.6 million quarterly profit, an increase of $26.5 million from the previous quarter, the company said in a filing to the SEC for the Q2 ended Jun 29, 2024.
Arrow Electronics reported the quarterly diluted earnings per share (EPS) rose by 31.37 percent to $2 from $1.5 in the previous quarter.
Dollars in millions | Jun 29, 2024 | Mar 30, 2024 | Dec 31, 2023 | Sep 30, 2023 |
Income Statement |
Revenue | $6,892.9 | $6,924.3 | $33,107.1 | $8,007.0 |
Operating Profit | $212.3 | $185.9 | $1,471.2 | $340.1 |
Net Income | $109.6 | $83.1 | $909.4 | $200.0 |
Net Cash | -$5.0 | $24.8 | $41.1 | $156.4 |
Gross Margin | $846.4 | $857.8 | $4,149.0 | $979.6 |
Operating Margin | $0.0 | $0.0 | $0.0 | $0.0 |
Profit as % of Revenues | 772.13 | 12.39 | 12.53 | 12.23 |
Profit as % of Assets | 0.81 | 0.40 | 4.18 | 0.94 |
Profit as % of Stockholder Equity | 1.89 | 1.44 | 15.47 | 3.60 |
Return on Equity | 1.89 | 0.38 | 15.47 | 3.60 |
Return on Assets | 0.55 | 0.11 | 4.19 | 0.97 |
Turnover Ratio | 51.06 | 0.33 | 1.52 | 0.38 |
EBITA | $253.3 | $0.2 | $1.7 | $0.4 |
Balance Sheet |
Total Assets | $20,107.8 | $20,262.9 | $21,726.2 | $20,638.4 |
Total Liabilities | $14,293.7 | $14,493.5 | $15,848.9 | $15,084.9 |
Cash Flow Statement |
Operating Cash Flow | $723.4 | $403.2 | $705.4 | $418.7 |
Investing Cash Flow | -$45.2 | -$24.4 | -$72.3 | -$46.8 |
Financing Cash Flow | -$634.9 | -$317.7 | -$666.2 | -$214.7 |
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