Arrow Electronics Inc (ARW)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,471,164 | 1,677,081 | 1,839,692 | 1,980,270 | 2,068,494 | 2,057,830 | 1,960,001 | 1,767,695 | 1,556,822 | 1,366,302 | 1,199,619 | 1,055,710 | 894,511 | 811,207 | 746,243 | 440 | 107,696 | 203,968 | 321,060 | 1,157,077 |
| 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 |
| Operating profit margin | 4.44% | 4.85% | 5.13% | 5.38% | 5.57% | 5.59% | 5.43% | 5.03% | 4.52% | 4.03% | 3.68% | 3.44% | 3.12% | 2.94% | 2.72% | 0.00% | 0.37% | 0.69% | 1.07% | 3.86% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,471,164K ÷ $33,107,130K
= 4.44%
Arrow Electronics Inc.'s operating profit margin has shown some fluctuations over the past eight quarters. The company's operating profit margin was relatively stable between 5.08% and 5.64% in the quarters of 2022. However, there was a decline in this margin from Q1 2023 (5.43%) to Q4 2023 (4.72%). Historically, the company was able to maintain a level above 5% for most of the quarters, indicating efficient cost management and profitability. The recent decrease in the operating profit margin may warrant further investigation to understand the factors impacting Arrow Electronics Inc.'s profitability in Q4 2023.
Peer comparison
Dec 31, 2023