Arrow ELECTRONICS, Inc. (ARW) intrinsic value & 10-year financials
Arrow ELECTRONICS, Inc. (ARW) has a Graham intrinsic value of $222.35 per share. At $214.61 on Oct 17, 2026, the stock trades 3% below that value. Over the last 10 fiscal years revenue grew 3.1% a year to $30.9B, with an average return on invested capital of 10.4%.
- Graham intrinsic value
- $222.35
- Share price (Oct 17, 2026)
- $214.61
- Price vs Graham value
- 3% below
- Market cap
- $11.2B
- Revenue (FY2025)
- $30.9B
- Revenue growth (10-yr CAGR)
- 3.1%
- ROIC (10-yr avg)
- 10.4%
- Free cash flow (FY2025)
- -$37.2M
ARW 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $30.9B | $571.3M | $10.93 | -$37.2M | 2.7% | 7.2% |
| FY2024 | $27.9B | $392.1M | $7.29 | $1.0B | 2.8% | 7.5% |
| FY2023 | $33.1B | $903.5M | $15.84 | $622.2M | 4.4% | 13.7% |
| FY2022 | $37.1B | $1.4B | $21.80 | -$111.9M | 5.6% | 19.3% |
| FY2021 | $34.5B | $1.1B | $15.10 | $335.9M | 4.5% | 16.5% |
| FY2020 | $28.7B | $584.4M | $7.43 | $1.2B | 3.1% | 9.5% |
| FY2019 | $28.9B | -$204.1M | -$2.44 | $714.8M | 0.4% | 1.4% |
| FY2018 | $29.7B | $716.2M | $8.10 | $137.4M | 3.9% | 12.0% |
| FY2017 | $26.6B | $402.0M | $4.48 | -$79.4M | 3.5% | 7.9% |
| FY2016 | $23.5B | $522.8M | $5.68 | $191.1M | 3.7% | 9.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ARROW ELECTRONICS, INC. has demonstrated mature, steady growth, with revenue compounding at 3.1% annually over the past decade.
ARROW ELECTRONICS, INC. returns on capital have been average, hovering around 10.5% ROIC over the decade.
Over the decade, ARROW ELECTRONICS, INC. shows that management has aggressively returned capital to shareholders by retiring 43.2% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ARROW ELECTRONICS, INC. is modeled at 7.5% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $222.35 per share.