Arrow Electronics, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.55B | $23.49B | $23.28B | $22.77B | $21.36B | $20.41B | $21.39B | $18.74B |
| Cost of Revenue | $23.20B | $20.34B | $20.25B | $19.77B | $18.57B | $17.67B | $18.44B | $16.33B |
| Gross Profit | $3.36B | $3.14B | $3.04B | $3.00B | $2.79B | $2.74B | $2.95B | $2.42B |
| Gross Margin | 12.6% | 13.4% | 13.0% | 13.2% | 13.1% | 13.4% | 13.8% | 12.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.16B | $2.05B | $1.99B | $1.96B | $1.87B | $1.85B | $1.89B | $1.56B |
| Operating Income | $945.7M | $876.8M | $824.5M | $762.3M | $693.5M | $804.1M | $908.8M | $750.8M |
| Operating Margin | 3.6% | 3.7% | 3.5% | 3.3% | 3.2% | 3.9% | 4.2% | 4.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $286.5M | $190.7M | $191.7M | $184.9M | $182.3M | $203.6M | $210.5M | $199.4M |
| Net Income | $402.2M | $522.8M | $497.7M | $498.0M | $399.4M | $506.3M | $598.8M | $479.6M |
| Net Margin | 1.5% | 2.2% | 2.1% | 2.2% | 1.9% | 2.5% | 2.8% | 2.6% |
| EPS (Basic) | $4.54 | $5.75 | $5.26 | $5.05 | $3.89 | $4.64 | $5.25 | $4.06 |
| EPS (Diluted) | $4.48 | $5.68 | $5.20 | $4.98 | $3.85 | $4.56 | $5.17 | $4.01 |
| Shares Outstanding (Basic) | 88.7M | 91.0M | 94.6M | 98.7M | 102.6M | 109.2M | 114.0M | 118.0M |
| Shares Outstanding (Diluted) | 89.8M | 92.0M | 95.7M | 99.9M | 103.7M | 111.1M | 115.9M | 119.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |