MARKET COMPOSITE
ARW - Arrow Electronics Inc.8:00:01 PM 4/25/2024
Price
$127.81
+ 0.23 (0.18%)
Arrow Electronics is an American Fortune 500 company headquartered in Centennial, Colorado. The company specializes in distribution and value added services relating to electronic components and computer products. The company ranked No. 110 in the 2019 Fortune 500 list of the largest United States corporations by total revenue. Arrow Electronics was founded in 1935 when a retail store named Arrow Radio opened on Cortlandt Street in the heart of lower Manhattan's "Radio Row," the birthplace of electronics distribution. Arrow Radio, established by Maurice Goldberg, sold used radios and radio parts to retail customers. Other industry pioneers with businesses nearby were Charles Avnet and Seymour Schweber.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue7.8B-2%
Gross Profit989.5MM+1%
Cost Of Revenue6.9B-2%
Operating Income316.7MM-7%
Operating Expenses672.9MM-
Net Income194.5MM-2%
G&A590MM+5%
Amortization7.4MM-6%
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