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Last $58.15 USD
Change Today -0.06 / -0.10%
Volume 600.8K
ARW On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

arrow electronics inc (ARW) Snapshot

Open
$58.66
Previous Close
$58.21
Day High
$58.66
Day Low
$58.10
52 Week High
03/23/15 - $64.98
52 Week Low
10/15/14 - $45.47
Market Cap
5.5B
Average Volume 10 Days
821.9K
EPS TTM
$5.84
Shares Outstanding
94.4M
EX-Date
09/18/86
P/E TM
10.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for ARROW ELECTRONICS INC (ARW)

arrow electronics inc (ARW) Details

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment distributes electronic components and related services to original equipment manufacturers and contract manufacturers. This segment provides online catalogs for electronic components; cloud-based design tools that expedite product development cycles; factory-direct end-of-life product inventory; and disposition solutions to redeploy, remarket, and recycle technology assets. Its products and services include semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; computing and memory; and other products and services. The Global Enterprise Computing Solutions segment distributes enterprise and midrange computing products, services, and solutions to value-added resellers; enterprise storage and security, and virtualization software, as well as provides managed-services to customers in the voice-over-Internet protocol market; and provides unified communications products and related services. Its customers include manufacturers of industrial equipment, telecommunications, automotive and transportation, aerospace and defense, medical, professional services, and alternative energy, as well as value-added resellers of enterprise computing solutions and others. Arrow Electronics, Inc. was founded in 1935 and is headquartered in Centennial, Colorado.

17,000 Employees
Last Reported Date: 02/5/15
Founded in 1935

arrow electronics inc (ARW) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $700.0K
President of Global Components
Total Annual Compensation: $500.0K
President of Global Enterprise Computing Solu...
Total Annual Compensation: $481.5K
Chief Operating Officer of Global Enterprise ...
Total Annual Compensation: $559.5K
Compensation as of Fiscal Year 2014.

arrow electronics inc (ARW) Key Developments

Arrow Electronics, Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 27, 2015; Provides Financial Guidance for the Third Quarter of 2015

Arrow Electronics, Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 27, 2015. The company reported second-quarter 2015 net income of $123.9 million, or $1.28 per share on a diluted basis, compared with net income of $127.9 million, or $1.27 per share on a diluted basis, in the second quarter of 2014. Excluding certain items in the second quarters of 2015 and 2014, net income would have been $148.9 million, or $1.54 per share on a diluted basis, in the second quarter of 2015, compared with net income of $144.3 million, or $1.43 per share on a diluted basis, in the second quarter of 2014. Second-quarter sales of $5.83 billion increased 3% from sales of $5.68 billion in the prior year. Second-quarter sales, adjusted for the impact of acquisitions and changes in foreign currencies, also increased 3% year over year. In the second quarter of 2015, changes in foreign currencies had negative impacts on growth of $350 million on sales and $0.10 or 7% on earnings per share on a diluted basis compared to the second quarter of 2014. Operating income was $206.943 million against $208.269 million a year ago. Income before income taxes was $172.650 million against $180.530 million a year ago. Net cash provided by operating activities was $461.034 million against $159.435 million a year ago. Acquisition of property, plant, and equipment was $37.670 million against $29.160 million a year ago. Consolidated sales, as adjusted was $5,877,711,000 against $5,719,202,000 a year ago. Operating income, as adjusted was $238.007 million against $228.771 million a year ago. The company's net income for the first six months of 2015 was $230.0 million, or $2.37 per share on a diluted basis, compared with net income of $235.0 million, or $2.33 per share on a diluted basis in the first six months of 2014. Excluding certain items in both the first six months of 2015 and 2014, net income would have been $276.7 million, or $2.86 per share on a diluted basis, in the first six months of 2015 compared with net income of $268.3 million, or $2.66 per share on a diluted basis, in the first six months of 2014. In the first six months of 2015, sales of $10.83 billion increased 1% from sales of $10.76 billion in the first six months of 2014. Six-month sales, adjusted for acquisitions and changes in foreign currencies, increased 3% year over year. Operating income was $384.377 million against $386.009 million a year ago. Income before income taxes was $319.608 million against $330.050 million a year ago. Net cash provided by operating activities was $219.438 million against $283.472 million a year ago. Acquisition of property, plant, and equipment was $68.820 million against $62.003 million a year ago. Consolidated sales, as adjusted was $11,172,766,000 against $10,831,935,000 a year ago. Operating income, as adjusted was $442.744 million against $429.072 million a year ago. As the company look to the third quarter, it believes that total sales will be between $5.55 billion and $5.95 billion, with global components sales between $3.65 billion and $3.85 billion, and global enterprise computing solutions sales between $1.9 billion and $2.1 billion. As a result of this outlook, the company expects earnings per share on a diluted basis, excluding any charges, to be in the range of $1.40 to $1.52 per share. The guidance assumes an average tax rate in the range of 27% to 29% and average diluted shares outstanding are expected to be 95.5 million. Included in the guidance for the third quarter 2015 are $435 million of sales and $0.11 of earnings per share on a diluted basis when compared with the third quarter of 2014, and $25 million of sales and no additional contribution to earnings per share on a diluted basis when compared with the second quarter of 2015, related to its closed acquisitions.

Arrow Electronics, Inc. to Report Q2, 2015 Results on Jul 28, 2015

Arrow Electronics, Inc. announced that they will report Q2, 2015 results at 1:00 PM, US Eastern Standard Time on Jul 28, 2015

Arrow Electronics, Inc., Q2 2015 Earnings Call, Jul 28, 2015

Arrow Electronics, Inc., Q2 2015 Earnings Call, Jul 28, 2015

 

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Industry Analysis

ARW

Industry Average

Valuation ARW Industry Range
Price/Earnings 11.5x
Price/Sales 0.2x
Price/Book 1.3x
Price/Cash Flow 8.5x
TEV/Sales 0.1x
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