GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arrow Electronics Inc (NYSE:ARW) » Definitions » Gross Profit

Arrow Electronics (Arrow Electronics) Gross Profit : $3,893 Mil (TTM As of Mar. 2024)


View and export this data going back to 1979. Start your Free Trial

What is Arrow Electronics Gross Profit?

Arrow Electronics's gross profit for the three months ended in Mar. 2024 was $858 Mil. Arrow Electronics's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $3,893 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Arrow Electronics's gross profit for the three months ended in Mar. 2024 was $858 Mil. Arrow Electronics's Revenue for the three months ended in Mar. 2024 was $6,924 Mil. Therefore, Arrow Electronics's Gross Margin % for the quarter that ended in Mar. 2024 was 12.39%.

Arrow Electronics had a gross margin of 12.39% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Arrow Electronics was 13.39%. The lowest was 11.13%. And the median was 12.59%.


Arrow Electronics Gross Profit Historical Data

The historical data trend for Arrow Electronics's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Arrow Electronics Gross Profit Chart

Arrow Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,298.38 3,191.13 4,202.37 4,836.63 4,149.02

Arrow Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,113.82 1,066.05 979.60 989.55 857.83

Competitive Comparison of Arrow Electronics's Gross Profit

For the Electronics & Computer Distribution subindustry, Arrow Electronics's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arrow Electronics's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arrow Electronics's Gross Profit distribution charts can be found below:

* The bar in red indicates where Arrow Electronics's Gross Profit falls into.



Arrow Electronics Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Arrow Electronics's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=33107.12 - 28958.102
=4,149

Arrow Electronics's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=6924.26 - 6066.434
=858

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,893 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Arrow Electronics's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=858 / 6924.26
=12.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Arrow Electronics  (NYSE:ARW) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Arrow Electronics had a gross margin of 12.39% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Arrow Electronics Gross Profit Related Terms

Thank you for viewing the detailed overview of Arrow Electronics's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Arrow Electronics (Arrow Electronics) Business Description

Traded in Other Exchanges
Address
9201 East Dry Creek Road, Centennial, CO, USA, 80112
Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.
Executives
Richard John Marano officer: President, Global Components 9201 E DRY CREEK ROAD, CENTENNIAL CO 80112
Gail Hamilton director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Kirk Schell officer: President, Global Components 9201 E DRY CREEK ROAD, CENTENNIAL CO 80112
Gretchen Zech officer: SVP, Global Human Resources 9201 E DRY CREEK RD, CENTENNIAL CO 80112
Andrew Charles Kerin director C/O ARAMARK CORPORATION, 1101 MARKET STREET, PHILADELPHIA PA 19107
Mary T Mcdowell director
Michael J Long director, officer: Chairman, President & CEO 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Kristin Diana Russell officer: President, Global ECS 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Vincent P Melvin officer: Chief Information Officer ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Rajesh K. Agrawal officer: SVP, Chief Financial Officer 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Carine Lamercie Jean-claude officer: SVP, Chief Legal Officer 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
David Alan West officer: President, Global Components 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Christopher Stansbury officer: SVP & Chief Financial Officer C/O ARROW ELECTRONICS, INC, 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Charles Ii Kostalnick officer: Chief Supply Chain Officer 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Carol P Lowe director 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104