Arrow Electronics Inc (ARW)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 392,074 | 903,505 | 1,426,880 | 1,108,200 | 584,438 |
| Revenue | US$ in thousands | 27,923,300 | 33,107,100 | 37,124,400 | 34,477,000 | 28,673,400 |
| Net profit margin | 1.40% | 2.73% | 3.84% | 3.21% | 2.04% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $392,074K ÷ $27,923,300K
= 1.40%
Arrow Electronics Inc's net profit margin has shown some fluctuations in recent years.
In 2020, the net profit margin was 2.04%, indicating that the company generated $0.0204 of net profit for every dollar of revenue. This figure increased to 3.21% in 2021, showing an improvement in profitability.
During 2022, the net profit margin continued to rise to 3.84%, reflecting a further enhancement in the company's profitability. However, there was a slight drop in profitability in 2023, with the net profit margin decreasing to 2.73%.
The most significant decline in net profit margin occurred in 2024, where it fell sharply to 1.40%. This decrease could potentially be a cause for concern, as it suggests that the company's profitability may have been impacted negatively during that year.
Overall, Arrow Electronics Inc's net profit margin has displayed variability over the years, with improvements in some periods and declines in others. It will be important for the company to closely monitor and address the factors influencing its profitability to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2024