Arrow Electronics vs CDW
Arrow Electronics is the larger business, with $30.85bn of revenue in fiscal 2025 against $22.42bn for CDW (1.4 times as much). Arrow Electronics grew faster (10.5% against 6.8%). CDW kept more of each dollar of sales as profit: a net margin of 4.8% against 1.9%.
| Latest fiscal year | Arrow ElectronicsARW, 2025 | CDWCDW, 2025 |
|---|---|---|
| Revenue | $30.85bn | $22.42bn |
| Revenue growth | 10.5% | 6.8% |
| Net income | $571m | $1.07bn |
| Operating margin | — | — |
| Net margin | 1.9% | 4.8% |
| Return on equity | 9.3% | 43.0% |
| Free cash flow | −$37.2m | $1.09bn |
| Cash | $306m | $619m |
| Total debt | $3.09bn | $5.66bn |
| Debt to equity | — | — |
| Dividend per share | — | $2.50 |
| Dividend yield | — | 1.7% |
| Share buybacks | $162m | $653m |
| Employees | 22,230 | — |
| Market value | $10.87bn | $18.41bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 40 (Weak) | 58 (Moderate) |
| Insider trades, 12 months | 1 buys, 15 sales | 2 buys, 2 sales |