Arrow Electronics Inc (ARW)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	903,505	1,058,370	1,202,110	1,335,885	1,426,884	1,448,690	1,396,318	1,266,625	1,108,197	973,060	849,093	741,256	584,438	460,380	386,451	-295,319	-204,087	-85,447	-1,045	717,836
Revenue (ttm)	US$ in thousands	33,107,130	34,580,990	35,840,400	36,786,720	37,124,410	36,817,470	36,063,430	35,165,220	34,477,020	33,915,130	32,634,000	30,677,860	28,673,360	27,557,360	27,404,220	28,142,280	28,916,850	29,496,840	29,909,160	29,957,140
Net profit margin		2.73%	3.06%	3.35%	3.63%	3.84%	3.93%	3.87%	3.60%	3.21%	2.87%	2.60%	2.42%	2.04%	1.67%	1.41%	-1.05%	-0.71%	-0.29%	-0.00%	2.40%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $903,505K ÷ $33,107,130K
= 2.73%

Arrow Electronics Inc.'s net profit margin has generally shown a decreasing trend over the past eight quarters. The net profit margin was highest in Q4 2022 at 3.84% and has been gradually declining since then. In Q4 2023, the net profit margin stood at 2.73%, which is the lowest among the reported quarters. This downward trend may indicate potential challenges in maintaining profitability or controlling costs. Further analysis of the company's revenue and expenses is necessary to understand the factors contributing to this decline in the net profit margin over time.

Peer comparison

Dec 31, 2023

Company name

Symbol

Net profit margin

Arrow Electronics Inc

ARW

2.73%