Arrow Electronics Inc (ARW)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,773,780 | 2,363,240 | 2,479,310 | 2,632,250 | 2,153,550 | 2,615,000 | 3,672,830 | 3,719,060 | 3,182,960 | 3,187,020 | 2,856,490 | 2,790,820 | 2,244,440 | 2,039,760 | 1,884,390 | 1,903,850 | 2,097,940 | 2,097,740 | 2,098,370 | 2,222,790 |
| Total stockholders’ equity | US$ in thousands | 5,761,150 | 5,963,100 | 5,743,300 | 5,699,150 | 5,805,460 | 5,485,260 | 5,586,340 | 5,530,530 | 5,546,360 | 5,245,750 | 5,340,470 | 5,369,950 | 5,282,300 | 5,178,480 | 5,164,920 | 5,155,760 | 5,089,320 | 4,781,060 | 4,694,820 | 4,595,120 |
| Debt-to-equity ratio | 0.48 | 0.40 | 0.43 | 0.46 | 0.37 | 0.48 | 0.66 | 0.67 | 0.57 | 0.61 | 0.53 | 0.52 | 0.42 | 0.39 | 0.36 | 0.37 | 0.41 | 0.44 | 0.45 | 0.48 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,773,780K ÷ $5,761,150K
= 0.48
Arrow Electronics Inc's debt-to-equity ratio has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio decreased steadily from 0.48 on March 31, 2020, to 0.36 on June 30, 2021, indicating a decreasing reliance on debt relative to equity during this period. However, from September 30, 2021, to March 31, 2023, the ratio steadily increased, reaching a peak of 0.67 on March 31, 2023, suggesting a higher proportion of debt in the capital structure compared to equity.
Subsequently, the ratio decreased to 0.37 on December 31, 2023, before showing some fluctuations but maintaining a relatively stable range between 0.40 and 0.53 till December 31, 2024. These variations in the debt-to-equity ratio may indicate changes in the company's financing strategy, capital structure, or financial performance during the years under review.
Peer comparison
Dec 31, 2024