Arrow Electronics, Inc. (ARW) Balance Sheet
ARW balance sheet, 2025
December 31, 2025 · U.S. dollars$29.08B assets = $22.42B liabilities + $6.66B equity
Both columns are drawn to the same scale: what ARW owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ARW financial health
Descriptive bands, not a rating. Fiscal 2025.
ARW balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $14.21B2016 | $29.08B2025 | +8.3%/yr | |
| Total liabilities | $9.74B2016 | $22.42B2025 | +9.7%/yr | |
| Shareholders’ equity | $4.41B2016 | $6.58B2025 | +4.5%/yr | |
| Cash & short-term investments | $534.3M2016 | $306.5M2025 | −6.0%/yr | |
| Total debt | $2.79B2016 | $3.09B2025 | +1.1%/yr | |
| Net cash (debt) | −$2.26B2016 | −$2.78B2025 | −$522.7M | |
| Working capital | $3.63B2016 | $6.81B2025 | +$3.2B | |
| Book value per share | $47.952016 | $126.012025 | +11.3%/yr | |
| Current ratio | 1.542016 | 1.362025 | −0.18 | |
| Debt / equity | 0.632016 | 0.472025 | −0.16 | |
| Shares outstanding | 92.0M2016 | 52.3M2025 | −6.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ARW assets
ARW liabilities and equity
ARW debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ARW balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $306.5M | $188.8M | $218.1M | $176.9M | $222.2M | $373.6M | $300.1M | $509.3M | $730.1M | $534.3M |
| Cash & equivalents | $306.5M | $188.8M | $218.1M | $176.9M | $222.2M | $373.6M | $300.1M | $509.3M | $730.1M | $534.3M |
| Short-term investments | — | — | — | — | — | $76.4M | — | — | $0 | $0 |
| Receivables | $19.74B | $13.03B | $12.24B | $12.32B | $11.12B | $9.21B | $8.48B | $8.95B | $8.17B | $6.75B |
| Inventory | $5.08B | $4.71B | $5.19B | $5.32B | $4.20B | $3.29B | $3.48B | $3.88B | $3.30B | $2.86B |
| Other current assets | $533.0M | $471.9M | $684.1M | $521.3M | $345.2M | $286.6M | $266.2M | $274.8M | $214.1M | $180.1M |
| Total current assets | $25.66B | $18.40B | $18.33B | $18.34B | $15.89B | $13.15B | $12.53B | $13.61B | $12.42B | $10.32B |
| Property, plant & equipment (net) | $474.6M | $469.3M | $530.7M | $596.5M | $682.8M | $799.6M | $803.1M | $824.7M | $838.5M | $756.3M |
| Goodwill & intangible assets | $2.20B | $2.15B | $2.18B | $2.19B | $2.28B | $2.35B | $2.33B | $3.00B | $2.76B | $2.73B |
| Long-term investments | $59.3M | $57.3M | $62.7M | $65.1M | $63.7M | $76.4M | $86.9M | $83.7M | $88.3M | $88.4M |
| Other non-current assets | $687.0M | $677.7M | $627.3M | $574.5M | $620.3M | $675.8M | $651.4M | $270.4M | $362.0M | $315.8M |
| Total assets | $29.08B | $21.76B | $21.73B | $21.76B | $19.54B | $17.05B | $16.40B | $17.78B | $16.46B | $14.21B |
| Liabilities | ||||||||||
| Accounts payable | $17.38B | $11.05B | $10.07B | $10.46B | $9.62B | $7.94B | $7.05B | $7.63B | $6.76B | $5.77B |
| Short-term debt | $341,000 | $418.9M | $1.65B | $589.9M | $382.6M | $158.6M | $331.4M | $246.3M | $356.8M | $93.8M |
| Total current liabilities | $18.85B | $12.64B | $13.19B | $12.39B | $11.33B | $9.13B | $8.26B | $8.79B | $7.96B | $6.69B |
| Long-term debt | $3.08B | $2.77B | $2.15B | $3.18B | $2.24B | $2.10B | $2.64B | $3.24B | $2.93B | $2.70B |
| Other long-term liabilities | $489.3M | $516.2M | $507.4M | $579.3M | $624.2M | $676.1M | $636.1M | $378.5M | $573.0M | $355.2M |
| Total liabilities | $22.42B | $15.93B | $15.85B | $16.15B | $14.19B | $11.90B | $11.53B | $12.41B | $11.46B | $9.74B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $55.8M | $55.6M | $57.7M | $125.4M | $125.4M | $125.4M | $125.4M | $125.4M | $1.24B | $1.24B |
| Retained earnings (deficit) | $6.55B | $5.98B | $5.79B | $9.21B | $7.79B | $6.68B | $6.13B | $6.34B | $5.60B | $5.20B |
| Treasury stock | — | — | — | −$4.64B | −$3.63B | −$2.78B | −$2.33B | −$1.97B | −$1.76B | −$1.64B |
| Accumulated other comprehensive income | −$126.6M | −$509.3M | −$298.0M | −$365.3M | −$191.7M | −$104.9M | −$262.2M | −$299.4M | −$125.0M | −$383.9M |
| Minority interest | $74.0M | $70.4M | $71.8M | $65.0M | $58.6M | $59.6M | $54.5M | $51.4M | $48.7M | $52.2M |
| Total shareholders' equity | $6.58B | $5.76B | $5.81B | $5.55B | $5.28B | $5.09B | $4.81B | $5.32B | $4.95B | $4.41B |
| Key figures | ||||||||||
| Total debt | $3.09B | $3.39B | $3.81B | $3.77B | $2.63B | $2.26B | $2.97B | $3.49B | $3.29B | $2.79B |
| Net cash (debt) | −$2.78B | −$3.20B | −$3.59B | −$3.60B | −$2.40B | −$1.88B | −$2.67B | −$2.98B | −$2.56B | −$2.26B |
| Working capital | $6.81B | $5.77B | $5.14B | $5.95B | $4.57B | $4.02B | $4.27B | $4.82B | $4.46B | $3.63B |
| Tangible book value | $4.39B | $3.61B | $3.63B | $3.36B | $3.01B | $2.74B | $2.48B | $2.33B | $2.20B | $1.68B |
| Book value per share | $126.01 | $107.09 | $101.79 | $84.74 | $71.98 | $64.72 | $57.58 | $60.21 | $55.16 | $47.95 |
| Shares outstanding | 52.3M | 53.8M | 57.0M | 65.5M | 73.4M | 78.6M | 83.6M | 88.4M | 89.8M | 92.0M |
| Current ratio | 1.36 | 1.46 | 1.39 | 1.48 | 1.40 | 1.44 | 1.52 | 1.55 | 1.56 | 1.54 |
| Quick ratio | 1.06 | 1.05 | 0.94 | 1.01 | 1.00 | 1.05 | 1.06 | 1.08 | 1.12 | 1.09 |
| Debt / equity | 0.47 | 0.59 | 0.66 | 0.68 | 0.50 | 0.44 | 0.62 | 0.65 | 0.66 | 0.63 |
| Equity / assets | 22.6% | 26.5% | 26.7% | 25.5% | 27.0% | 29.8% | 29.3% | 29.9% | 30.1% | 31.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $244.6M | $286.5M | $306.5M | $213.6M | $222.0M | $231.9M | $188.8M | $248.0M | $213.0M | $242.8M | $218.1M | $333.3M |
| Cash & equivalents | $244.6M | $286.5M | $306.5M | $213.6M | $222.0M | $231.9M | $188.8M | $248.0M | $213.0M | $242.8M | $218.1M | $333.3M |
| Receivables | $28.01B | $25.96B | $19.74B | $15.66B | $15.27B | $12.42B | $13.03B | $11.73B | $10.89B | $11.06B | $12.24B | $10.66B |
| Inventory | $5.94B | $5.72B | $5.08B | $4.73B | $4.75B | $4.80B | $4.71B | $4.53B | $4.65B | $4.80B | $5.19B | $5.81B |
| Other current assets | $796.0M | $584.8M | $533.0M | $539.9M | $603.7M | $578.3M | $471.9M | $1.02B | $1.01B | $798.6M | $684.1M | $504.0M |
| Total current assets | $34.99B | $32.56B | $25.66B | $21.14B | $20.85B | $18.03B | $18.40B | $17.53B | $16.77B | $16.90B | $18.33B | $17.31B |
| Property, plant & equipment (net) | $460.8M | $471.5M | $474.6M | $475.8M | $474.6M | $471.5M | $469.3M | $493.5M | $499.7M | $517.1M | $530.7M | $536.2M |
| Goodwill & intangible assets | $2.18B | $2.18B | $2.20B | $2.20B | $2.21B | $2.17B | $2.15B | $2.19B | $2.17B | $2.17B | $2.18B | $2.16B |
| Long-term investments | $62.1M | $59.2M | $59.3M | $58.1M | $57.8M | $59.1M | $57.3M | $61.5M | $60.4M | $58.9M | $62.7M | $63.0M |
| Other non-current assets | $687.8M | $686.8M | $687.0M | $655.4M | $663.2M | $667.8M | $677.7M | $663.3M | $617.2M | $612.0M | $627.3M | $576.3M |
| Total assets | $38.38B | $35.95B | $29.08B | $24.53B | $24.25B | $21.40B | $21.76B | $20.93B | $20.11B | $20.26B | $21.73B | $20.64B |
| Liabilities | ||||||||||||
| Accounts payable | $27.11B | $24.74B | $17.38B | $13.13B | $13.21B | $10.87B | $11.05B | $9.39B | $8.77B | $8.94B | $10.07B | $9.09B |
| Short-term debt | $117.5M | $113.4M | $341,000 | $10.8M | $455.6M | $531.0M | $418.9M | $909.8M | $860.5M | $945.7M | $1.65B | $1.59B |
| Total current liabilities | $28.74B | $26.29B | $18.85B | $14.44B | $14.98B | $12.60B | $12.64B | $11.97B | $11.32B | $11.36B | $13.19B | $11.94B |
| Long-term debt | $2.05B | $2.35B | $3.08B | $3.12B | $2.37B | $2.31B | $2.77B | $2.36B | $2.48B | $2.63B | $2.15B | $2.62B |
| Other long-term liabilities | $0 | $498.5M | $489.3M | $490.4M | $499.4M | $487.9M | $516.2M | $564.5M | $495.7M | $500.7M | $507.4M | $533.9M |
| Total liabilities | $31.30B | $29.14B | $22.42B | $18.05B | $17.84B | $15.40B | $15.93B | $14.90B | $14.29B | $14.49B | $15.85B | $15.08B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $56.1M | $56.0M | $55.8M | $55.8M | $55.8M | $55.8M | $55.6M | $58.1M | $58.0M | $58.0M | $57.7M | $125.4M |
| Retained earnings (deficit) | $7.06B | $6.79B | $6.55B | $6.36B | $6.25B | $6.06B | $5.98B | $6.08B | $5.98B | $5.87B | $5.79B | $9.92B |
| Accumulated other comprehensive income | −$170.0M | −$186.1M | −$126.6M | −$159.4M | −$127.3M | −$385.2M | −$509.3M | −$254.5M | −$415.7M | −$392.1M | −$298.0M | −$462.3M |
| Minority interest | $73.7M | $74.0M | $74.0M | $74.9M | $75.2M | — | — | — | — | — | — | — |
| Total shareholders' equity | $7.01B | $6.74B | $6.58B | $6.40B | $6.33B | $5.93B | $5.76B | $5.96B | $5.74B | $5.70B | $5.81B | $5.49B |
| Key figures | ||||||||||||
| Total debt | $2.17B | $2.47B | $3.09B | $3.13B | $2.82B | $2.84B | $3.39B | $3.27B | $3.34B | $3.58B | $3.81B | $4.20B |
| Net cash (debt) | −$1.93B | −$2.18B | −$2.78B | −$2.92B | −$2.60B | −$2.61B | −$3.20B | −$3.03B | −$3.13B | −$3.34B | −$3.59B | −$3.87B |
| Working capital | $6.25B | $6.27B | $6.81B | $6.70B | $5.87B | $5.43B | $5.77B | $5.56B | $5.45B | $5.54B | $5.14B | $5.37B |
| Tangible book value | $4.83B | $4.56B | $4.39B | $4.20B | $4.12B | $3.75B | $3.61B | $3.77B | $3.58B | $3.53B | $3.63B | $3.33B |
| Book value per share | $135.06 | $130.38 | $126.89 | $122.76 | $120.25 | $112.48 | $107.09 | $111.51 | $106.00 | $103.97 | $105.53 | $97.43 |
| Shares outstanding | 51.9M | 51.7M | 51.9M | 52.1M | 52.7M | 52.7M | 53.8M | 53.5M | 54.2M | 54.8M | 55.0M | 56.3M |
| Current ratio | 1.22 | 1.24 | 1.36 | 1.46 | 1.39 | 1.43 | 1.46 | 1.46 | 1.48 | 1.49 | 1.39 | 1.45 |
| Quick ratio | 0.98 | 1.00 | 1.06 | 1.10 | 1.03 | 1.00 | 1.05 | 1.00 | 0.98 | 1.00 | 0.94 | 0.92 |
| Debt / equity | 0.31 | 0.37 | 0.47 | 0.49 | 0.45 | 0.48 | 0.59 | 0.55 | 0.58 | 0.63 | 0.66 | 0.77 |
| Equity / assets | 18.3% | 18.8% | 22.6% | 26.1% | 26.1% | 27.7% | 26.5% | 28.5% | 28.6% | 28.1% | 26.7% | 26.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 11, 2026); data from EODHD.
ARW financial position
At the end of fiscal 2025 (December 31, 2025), Arrow Electronics had total assets of $29.1 billion (up 33.6% from a year earlier), total liabilities of $22.4 billion and shareholders' equity of $6.6 billion. It held $306.5 million in cash and short-term investments against $3.1 billion of debt, net debt of $2.8 billion. Its current ratio was 1.36. In the latest quarter (ended June 30, 2026) total assets were $38.4 billion and equity $7.0 billion.
Related: ARW income statement, ARW cash flow statement, ARW key metrics. See the ARW stock overview for the latest quote and news.
ARW balance sheet FAQ
What are Arrow Electronics's total assets?
Arrow Electronics reported total assets of $29.1 billion at the end of fiscal 2025 (December 31, 2025), compared with $21.8 billion a year earlier.
How much debt does Arrow Electronics have?
Arrow Electronics had $3.1 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.47.
How much cash does Arrow Electronics have?
Arrow Electronics held $306.5 million in cash and short-term investments at the end of fiscal 2025; with $3.1 billion of debt that is net debt of $2.8 billion.
What is Arrow Electronics's book value?
Arrow Electronics's shareholders' equity (book value) was $6.6 billion at the end of fiscal 2025, or $126.01 per share.
What is Arrow Electronics's current ratio?
Arrow Electronics had current assets of $25.7 billion and current liabilities of $18.8 billion, a current ratio of 1.36 (it can cover its short-term obligations).
How much goodwill does Arrow Electronics have?
Arrow Electronics carried $2.2 billion of goodwill and intangible assets, 7.6% of total assets, at the end of fiscal 2025.