Arrow Electronics vs CDW
Arrow Electronics reported revenue of $30.9 billion in fiscal 2025, 1.4 times CDW's $22.4 billion in fiscal 2025. Arrow Electronics' revenue grew 10.5% in its latest year, and CDW's grew 6.8%. Arrow Electronics had an operating margin of 2.7%, against 7.4% at CDW. Free cash flow was −$37 million at Arrow Electronics and $1.1 billion at CDW.
Side by side
| Arrow Electronics | CDW | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $30.9B | $22.4B |
| Revenue growth | 10.5% | 6.8% |
| Revenue growth a year, last 5 years | 1.5% | 4.0% |
| Gross margin | 11.2% | 21.7% |
| Operating margin | 2.7% | 7.4% |
| Net margin | 1.9% | 4.8% |
| Free cash flow | −$37M | $1.1B |
| Free cash flow margin | −0.1% | 4.8% |
| Return on capital | 7.3% | 16.4% |
| Net debt to EBITDA | 2.9x | 2.6x |
| Dividends and buybacks | $162M | $982M |
| Change in diluted share count | −2.9% | −2.3% |
| Last close | $214.44 | $163.23 |
| P/E at the last close | 13.7× | 19.6× |
| Insider trades, last 12 months | bought $601,405, sold $14.6 million | bought $2.5 million, sold $4.8 million |
| Piotroski F-score | 6 of 9 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Arrow ElectronicsCDW
Operating margin
Percent of revenue
Arrow ElectronicsCDW
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Arrow ElectronicsCDW
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Arrow Electronics and CDW pages.