Arrow Electronics (ARW)
Market Price (8/17/2026): $213.98 | Market Cap: $11.0 BilSector: Information Technology | Industry: Technology Distributors
Arrow Electronics (ARW)
Market Price (8/17/2026): $213.98Market Cap: $11.0 BilSector: Information TechnologyIndustry: Technology Distributors
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.4%, FCF Yield is 7.5% Low stock price volatilityVol 12M is 36% Megatrend and thematic driversMegatrends include Artificial Intelligence, and 5G & Advanced Connectivity. Themes include AI Chips, Data Centers & Infrastructure, Show more. | Weak multi-year price returns3Y Excs Rtn is -5.3% | Key risksARW key risks include [1] significant recent margin compression, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.4%, FCF Yield is 7.5% |
| Low stock price volatilityVol 12M is 36% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, and 5G & Advanced Connectivity. Themes include AI Chips, Data Centers & Infrastructure, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -5.3% |
| Key risksARW key risks include [1] significant recent margin compression, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Arrow Electronics (ARW) stock has gained about 15% since 4/30/2026 because of the following key factors:
1. Arrow Electronics delivered exceptional financial results in fiscal Q1 2026 (ended April 4, 2026) and fiscal Q2 2026 (ended July 4, 2026). In fiscal Q1 2026, the company reported an actual diluted EPS of $5.22, significantly surpassing the consensus estimate of $2.92 by $2.30. Revenue reached $9.47 billion, exceeding expectations by $1.09 billion and representing a 39.03% year-over-year increase. Both Global Components and Enterprise Computing Solutions (ECS) segments saw sales increase by approximately 39% year-over-year. This momentum continued into fiscal Q2 2026, with an EPS of $5.45, topping the consensus estimate of $4.45 by $1.00. Quarterly revenue rose 31.8% year-over-year to $9.99 billion, exceeding analysts' expectations of $9.67 billion. Non-GAAP operating margin expanded by 120 basis points year-over-year to 4%.
2. The company provided an optimistic financial outlook and initiated a substantial share repurchase program. Arrow Electronics issued strong guidance for fiscal Q3 2026, forecasting EPS between $4.83 and $5.03, compared to a consensus estimate of $4.50. Revenue guidance for the same period was set between $9.6 billion and $10.2 billion, exceeding the consensus of $9.5 billion, indicating expectations for continued robust growth. Additionally, on May 13, 2026, Arrow's Board of Directors authorized a new share repurchase program of $1.00 billion, allowing for the buyback of up to 9.7% of its outstanding shares, signaling management's confidence in the company's valuation.
Show more
Arrow Electronics (ARW) stock has gained about 15% since 4/30/2026 because of the following key factors:
1. Arrow Electronics delivered exceptional financial results in fiscal Q1 2026 (ended April 4, 2026) and fiscal Q2 2026 (ended July 4, 2026). In fiscal Q1 2026, the company reported an actual diluted EPS of $5.22, significantly surpassing the consensus estimate of $2.92 by $2.30. Revenue reached $9.47 billion, exceeding expectations by $1.09 billion and representing a 39.03% year-over-year increase. Both Global Components and Enterprise Computing Solutions (ECS) segments saw sales increase by approximately 39% year-over-year. This momentum continued into fiscal Q2 2026, with an EPS of $5.45, topping the consensus estimate of $4.45 by $1.00. Quarterly revenue rose 31.8% year-over-year to $9.99 billion, exceeding analysts' expectations of $9.67 billion. Non-GAAP operating margin expanded by 120 basis points year-over-year to 4%.
2. The company provided an optimistic financial outlook and initiated a substantial share repurchase program. Arrow Electronics issued strong guidance for fiscal Q3 2026, forecasting EPS between $4.83 and $5.03, compared to a consensus estimate of $4.50. Revenue guidance for the same period was set between $9.6 billion and $10.2 billion, exceeding the consensus of $9.5 billion, indicating expectations for continued robust growth. Additionally, on May 13, 2026, Arrow's Board of Directors authorized a new share repurchase program of $1.00 billion, allowing for the buyback of up to 9.7% of its outstanding shares, signaling management's confidence in the company's valuation.
3. Robust demand in key end markets, including AI and data centers, fueled growth. The strong performance in the Global Components segment was driven by broad-based and sustained demand, notably supported by significant investments in Artificial Intelligence (AI) and data centers. Furthermore, other sectors such as aerospace and defense, industrial, and transportation markets also contributed to this demand, leading to improved book-to-bill ratios and a healthy backlog extending into 2027.
Show less
Stock Movement Drivers
Fundamental Drivers
The 13.9% change in ARW stock from 4/30/2026 to 8/16/2026 was primarily driven by a 22.0% change in the company's Net Income Margin (%).| (LTM values as of) | 4302026 | 8162026 | Change |
|---|---|---|---|
| Stock Price ($) | 187.83 | 213.99 | 13.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 30,853 | 35,925 | 16.4% |
| Net Income Margin (%) | 1.9% | 2.3% | 22.0% |
| P/E Multiple | 16.9 | 13.5 | -20.0% |
| Shares Outstanding (Mil) | 51 | 51 | 0.2% |
| Cumulative Contribution | 13.9% |
Market Drivers
4/30/2026 to 8/16/2026| Return | Correlation | |
|---|---|---|
| ARW | 13.9% | |
| Market (SPY) | 8.0% | 50.3% |
| Sector (XLK) | 19.1% | 61.4% |
Fundamental Drivers
The 61.5% change in ARW stock from 1/31/2026 to 8/16/2026 was primarily driven by a 39.5% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 8162026 | Change |
|---|---|---|---|
| Stock Price ($) | 132.49 | 213.99 | 61.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 29,389 | 35,925 | 22.2% |
| Net Income Margin (%) | 1.6% | 2.3% | 39.5% |
| P/E Multiple | 14.4 | 13.5 | -6.0% |
| Shares Outstanding (Mil) | 52 | 51 | 0.8% |
| Cumulative Contribution | 61.5% |
Market Drivers
1/31/2026 to 8/16/2026| Return | Correlation | |
|---|---|---|
| ARW | 61.5% | |
| Market (SPY) | 12.5% | 50.8% |
| Sector (XLK) | 32.2% | 55.6% |
Fundamental Drivers
The 84.5% change in ARW stock from 7/31/2025 to 8/16/2026 was primarily driven by a 37.8% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 8162026 | Change |
|---|---|---|---|
| Stock Price ($) | 116.00 | 213.99 | 84.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 28,500 | 35,925 | 26.1% |
| Net Income Margin (%) | 1.6% | 2.3% | 37.8% |
| P/E Multiple | 12.9 | 13.5 | 5.1% |
| Shares Outstanding (Mil) | 52 | 51 | 1.1% |
| Cumulative Contribution | 84.5% |
Market Drivers
7/31/2025 to 8/16/2026| Return | Correlation | |
|---|---|---|
| ARW | 84.5% | |
| Market (SPY) | 23.9% | 51.0% |
| Sector (XLK) | 45.2% | 51.7% |
Fundamental Drivers
The 50.1% change in ARW stock from 7/31/2023 to 8/16/2026 was primarily driven by a 115.9% change in the company's P/E Multiple.| (LTM values as of) | 7312023 | 8162026 | Change |
|---|---|---|---|
| Stock Price ($) | 142.54 | 213.99 | 50.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 36,787 | 35,925 | -2.3% |
| Net Income Margin (%) | 3.6% | 2.3% | -37.8% |
| P/E Multiple | 6.3 | 13.5 | 115.9% |
| Shares Outstanding (Mil) | 59 | 51 | 14.5% |
| Cumulative Contribution | 50.1% |
Market Drivers
7/31/2023 to 8/16/2026| Return | Correlation | |
|---|---|---|
| ARW | 50.1% | |
| Market (SPY) | 75.6% | 53.7% |
| Sector (XLK) | 117.1% | 51.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ARW Return | 38% | -22% | 17% | -7% | -3% | 90% | 115% |
| Peers Return | 45% | -7% | 37% | -3% | -1% | 63% | 190% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| ARW Win Rate | 83% | 33% | 58% | 50% | 50% | 62% | |
| Peers Win Rate | 72% | 43% | 62% | 48% | 43% | 65% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ARW Max Drawdown | -12% | -33% | -25% | -18% | -24% | -17% | |
| Peers Max Drawdown | -17% | -28% | -22% | -26% | -36% | -23% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: AVT, SNX, WCC, CDW, NSIT. See ARW Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/14/2026 (YTD)
How Low Can It Go
| Event | ARW | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -19.3% | -18.8% |
| % Gain to Breakeven | 23.9% | 23.1% |
| Time to Breakeven | 17 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -21.9% | -9.5% |
| % Gain to Breakeven | 28.0% | 10.5% |
| Time to Breakeven | 834 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -13.0% | -6.7% |
| % Gain to Breakeven | 15.0% | 7.1% |
| Time to Breakeven | 31 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -32.3% | -24.5% |
| % Gain to Breakeven | 47.7% | 32.4% |
| Time to Breakeven | 243 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -48.2% | -33.7% |
| % Gain to Breakeven | 92.9% | 50.9% |
| Time to Breakeven | 168 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -14.5% | -19.2% |
| % Gain to Breakeven | 17.0% | 23.8% |
| Time to Breakeven | 24 days | 105 days |
In The Past
Arrow Electronics's stock fell -19.3% during the 2025 US Tariff Shock. Such a loss loss requires a 23.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | ARW | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -21.9% | -9.5% |
| % Gain to Breakeven | 28.0% | 10.5% |
| Time to Breakeven | 834 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -32.3% | -24.5% |
| % Gain to Breakeven | 47.7% | 32.4% |
| Time to Breakeven | 243 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -48.2% | -33.7% |
| % Gain to Breakeven | 92.9% | 50.9% |
| Time to Breakeven | 168 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -20.2% | -12.2% |
| % Gain to Breakeven | 25.3% | 13.9% |
| Time to Breakeven | 42 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -25.4% | -6.8% |
| % Gain to Breakeven | 34.1% | 7.3% |
| Time to Breakeven | 130 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -30.9% | -17.9% |
| % Gain to Breakeven | 44.7% | 21.8% |
| Time to Breakeven | 60 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -30.7% | -15.4% |
| % Gain to Breakeven | 44.4% | 18.2% |
| Time to Breakeven | 141 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -70.7% | -53.4% |
| % Gain to Breakeven | 240.8% | 114.4% |
| Time to Breakeven | 804 days | 1085 days |
In The Past
Arrow Electronics's stock fell -19.3% during the 2025 US Tariff Shock. Such a loss loss requires a 23.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Arrow Electronics (ARW)
Arrow Electronics (ARW) is a global provider of technology products, services, and solutions for industrial and commercial customers. The company acts as a crucial link in the technology supply chain, primarily distributing electronic components and offering sophisticated enterprise computing solutions to businesses worldwide. It essentially helps companies design, build, and manage technology through its extensive product offerings and support services.
The company operates through two main segments. Its Global Components segment distributes a wide range of electronic parts, including semiconductors, passive components like capacitors and resistors, electro-mechanical devices, and connectors, alongside computing and memory products. The Global Enterprise Computing Solutions segment focuses on more complex IT infrastructure needs, providing solutions for datacenters, cloud environments, cybersecurity, and data analytics. This segment also offers valuable support services such as engineering, integration, logistics, and training.
Arrow Electronics serves a broad and diverse customer base, including original equipment manufacturers (OEMs), value-added resellers (VARs), managed service providers (MSPs), and contract manufacturers. With operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific, Arrow maintains a significant global footprint, enabling it to support technology adoption and innovation across various industries and geographic regions.
AI Analysis | Feedback
The **Amazon Business** for electronic components and enterprise IT solutions.
The **Grainger** of the high-tech world, providing everything from microchips to cloud solutions for businesses.
AI Analysis | Feedback
- Electronic Components Distribution: Arrow distributes a wide range of semiconductor products, passive components, electro-mechanical, interconnect, computing, and memory products.
- Enterprise Computing Solutions: The company offers comprehensive solutions for datacenter, cloud, security, and analytics needs.
- Engineering and Integration Services: Arrow provides engineering support, system integration, and technical design assistance.
- Supply Chain and Logistics Services: This includes warehousing, inventory management, and global distribution for electronic components and computing solutions.
- Technical and Marketing Support: The company offers authorized hardware and software training, along with various marketing resources.
AI Analysis | Feedback
Arrow Electronics, Inc. (ARW) primarily sells its products, services, and solutions to other companies, rather than individuals.
Based on the provided background information, the company serves various categories of business customers. While specific names of individual customer companies are not disclosed, Arrow Electronics identifies its major customer types as:
- Original equipment manufacturers (OEMs)
- Value-added resellers (VARs)
- Managed service providers (MSPs)
- Contract manufacturers
- Other commercial customers
The background information does not list specific names of customer companies or their public symbols.
AI Analysis | Feedback
- Intel (INTC)
- Analog Devices (ADI)
- NXP Semiconductors (NXPI)
- Texas Instruments (TXN)
- Broadcom (AVGO)
- Cisco Systems (CSCO)
- Dell Technologies (DELL)
- Hewlett Packard Enterprise (HPE)
- Microsoft (MSFT)
- Palo Alto Networks (PANW)
- NVIDIA (NVDA)
AI Analysis | Feedback
William F. Austen, Interim President and Chief Executive Officer
William F. Austen was appointed Interim President and Chief Executive Officer of Arrow Electronics in September 2025. He has served as a director on Arrow's board since May 2020. Prior to his interim CEO role, Mr. Austen was president, chief executive officer, and a director of Bemis Company, Inc., a leading global manufacturer of flexible packaging products, for six years until June 2019. His extensive career at Bemis also included various executive and operational leadership roles from 2000 to 2014. Additionally, Mr. Austen has served on the Board of Directors of Tenant Company and Arconic Corporation.
Rajesh K. Agrawal, Senior Vice President and Chief Financial Officer
Rajesh K. Agrawal became Senior Vice President and Chief Financial Officer of Arrow Electronics, effective September 6, 2022. Before joining Arrow, Mr. Agrawal served as executive vice president and CFO at Western Union from 2014, where he also held senior positions overseeing mergers and acquisition strategy and global operations. His earlier career included progressively senior financial and business leadership roles at Deluxe Corp., General Mills, Inc., Chrysler Corp., and General Motors Corp.
Richard J. Marano, President of Global Components
Richard J. Marano serves as the President of Global Components at Arrow Electronics.
Eric C. Nowak, President of Global Enterprise Computing Solutions
Eric C. Nowak is the President of Global Enterprise Computing Solutions at Arrow Electronics.
Gretchen K. Zech, Senior Vice President and Chief Governance, Sustainability and Human Resources Officer
Gretchen K. Zech holds the position of Senior Vice President and Chief Governance, Sustainability and Human Resources Officer at Arrow Electronics.
```AI Analysis | Feedback
The key risks to Arrow Electronics' business are:
-
Intense Competition and Margin Pressure: Arrow Electronics operates in a highly competitive international environment within both its Global Components and Global Enterprise Computing Solutions segments. This intense competition, from large multinational and national distributors, specialized competitors, and even its own suppliers, creates pricing and margin pressures. Failure to continuously improve services and products to retain and increase market share could adversely impact financial results.
-
Dependence on Key Suppliers and Supply Chain Disruptions: The company's business relies on a limited number of suppliers for a significant portion of its electronic components and enterprise computing solutions. This dependence creates a concentration risk. Should key suppliers alter their terms, exclude Arrow, or undergo consolidation, it could lead to increased pricing pressure or reliance on fewer suppliers. Furthermore, the electronics industry is susceptible to broader supply chain disruptions, including manufacturing issues, logistical challenges, component obsolescence, and the risk of counterfeit products, all of which can affect Arrow's ability to source and distribute products effectively.
-
Global Economic and Geopolitical Volatility: Arrow Electronics has significant international operations across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. This global reach exposes the company to risks such as regional economic weakness, market uncertainty, adverse economic conditions, political developments, trade disputes, and currency fluctuations, which can negatively impact revenue, margins, and cash flows. Additionally, challenges in effectively implementing large-scale operational plans, such as its Operating Expense Efficiency Plan, can also pose significant financial risks due to potential impacts on employee morale, hiring, and operational costs.
AI Analysis | Feedback
AI Analysis | Feedback
Arrow Electronics (ARW) operates in several significant addressable markets globally and across various regions, providing electronic components and enterprise computing solutions.
Global Components Segment:
- Semiconductor Products: The global semiconductor market was valued at approximately $775 billion in 2024 and is projected to reach $1.6 trillion by 2030. Another estimate placed the global market size at $598.06 billion in 2025, expected to grow to $1,477.06 billion by 2034. Asia Pacific dominated this market with a 51.00% share in 2025.
- Passive, Electro-Mechanical, and Interconnect Products:
- The global passive electronic components market was valued at $204.16 billion in 2025 and is projected to reach $321.36 billion by 2034. North America contributes 35% of the global market, with the USA being a primary driver, while Asia-Pacific represents 30%. Another source estimates the global passive electronic component market to reach $68.1 billion by 2030.
- The global interconnects and passive components market is projected to reach over $339.2 million by the end of 2032, with global sales expected to grow at a 6.1% CAGR from 2025 to 2032. In 2024, the Asia Pacific interconnects and passive components industry size reached $95.2 billion, and is projected to reach $174.2 billion by 2032. North America is the largest market for interconnects and passive components, holding approximately 40% of the global market share.
- The global high-speed interconnects products market size was recorded at $43,228.4 million by the end of 2025 and is projected to reach $93,897.6 million by 2033. North America holds 34.95% of this global market revenue in 2025.
Global Enterprise Computing Solutions Segment:
- Datacenter Solutions: The global data center solutions market was valued at $252 billion in 2024 and is expected to reach $590 billion by 2032, growing at a CAGR of 12.9%. Another report indicates the market expanding from $51.39 billion in 2025 to $117.70 billion by 2032, with a CAGR of 12.56%. North America and Asia Pacific are expected to dominate this market.
- Cloud Solutions: The global cloud services market was valued at $618.04 billion in 2024 and is expected to exceed $2,726.94 billion by 2034, growing at a CAGR of 16.00%. Another source estimates the global cloud services market size at $644.5 billion in 2024, expected to reach $2,466.1 billion by 2033. North America is the largest market, with the US cloud services market projected to be valued at $210.8 billion in 2024 and reaching $747.9 billion in 2033. The global cloud computing market size was estimated at $943.65 billion in 2025 and is projected to reach $3,349.61 billion by 2033.
- Security Solutions (Cybersecurity): The global cybersecurity market size was valued at $218.98 billion in 2025 and is projected to reach $699.39 billion by 2034, with a CAGR of 13.8%. North America dominated the cybersecurity market with a 43.0% share in 2025. Another estimate places the global cyber security services market size at $101.22 billion in 2024, poised to grow to $318.9 billion by 2033.
- Analytics Solutions: The global data analytics market size was estimated at $69.54 billion in 2024 and is projected to reach $302.01 billion by 2030, growing at a CAGR of 28.7%. North America accounted for a dominant global share of 31.75% in 2024. The global advanced analytics market size was valued at $26.9 billion in 2024 and is expected to reach $132.4 billion by 2033. North America currently dominates this market, holding over 36% in 2024.
AI Analysis | Feedback
Arrow Electronics (ARW) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Global Components Cyclical Recovery: The company anticipates a gradual recovery in its global components business following a prolonged market correction and inventory overhangs in 2023 and 2024. Leading indicators, such as stable book-to-bill ratios and improving regional trends, particularly in Asia Pacific, Europe, and North America, as well as sectors like automotive and industrial, are expected to fuel this rebound.
- Growth in Enterprise Computing Solutions (ECS) for High-Demand Areas: Arrow Electronics projects continued robust performance in its Global Enterprise Computing Solutions segment, driven by strong demand in areas such as cloud, AI infrastructure, and datacenter activity.
- Strategic Shift to Higher-Margin Value-Added Offerings: Arrow is strategically focusing on expanding its higher-margin value-added offerings and services. These services accounted for approximately 30% of total company operating income in 2025, an increase from less than 20% historically, indicating a successful shift towards more profitable offerings.
- Expansion of Customer Base through Digital Platforms: The company's focus on the mid-market, enabled by the continued adoption of its digital platform, ArrowSphere, is positioned to drive ongoing customer base expansion.
AI Analysis | Feedback
Share Repurchases
- Arrow Electronics repurchased 1.3 million shares for $149.9 million in 2025, with $172.9 million remaining available under its share repurchase program.
- In 2024, the company repurchased 2.0 million shares of common stock for $250.0 million.
- The company repurchased 6.1 million shares of common stock for $745.9 million in 2023. Since 2020, Arrow has repurchased approximately $3.5 billion in shares.
Share Issuance
- No significant share issuances for capital raising purposes were identified during the last 3-5 years. The number of shares outstanding has generally declined due to repurchases.
Inbound Investments
- No information regarding large, strategic inbound investments made in the company by third-parties such as strategic partners or private equity firms was found in the provided timeframe.
Outbound Investments
- While Arrow Electronics continuously evaluates strategic acquisitions to expand its offerings, market penetration, and geographic reach, specific details or significant dollar amounts for outbound investments in other companies were not available for the last 3-5 years.
Capital Expenditures
- Capital expenditures were $92.7 million in 2024 and $83.3 million in 2023.
- The company expects capital expenditures to be approximately $100.0 million for fiscal year 2026.
- Primary focuses for capital expenditures include optimizing operating expenses through IT investments for automation and enhancing warehouse and logistics operations as part of a multi-year efficiency plan.
Peer Outperformance in Technology Distributors
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| ARW | Arrow Electronics | 1.6% | 13.5x | 73.0% | 65.4% | 81.9% | — |
| AVT | Avnet | 2.5% | 23.5x | 83.2% | 112.2% | 168.4% | +86pp |
| SNX | TD Synnex | 2.0% | 21.0x | 77.2% | 175.3% | 123.7% | +42pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 76.6% | 256.7% | 456.6% | TTMI 889% · FLEX 864% · JBL 521% |
| Semiconductor Materials & Equipment | 27 | 188.5% | 114.4% | 151.1% | AEHR 2429% · AXTI 839% · KLAC 563% |
| Technology Distributors ← | 9 | 24.9% | 65.4% | 84.8% | CLMB 354% · AVT 168% · SNX 124% |
| Electronic Components | 26 | 71.4% | 68.6% | 74.4% | CLS 3769% · BELFA 1545% · LPTH 747% |
| Communications Equipment | 35 | 43.0% | 99.1% | 60.6% | AAOI 2205% · LITE 1054% · FEIM 901% |
| Semiconductors | 54 | 44.6% | 55.4% | 49.9% | POET 2252% · MU 1308% · NVDA 1061% |
| Technology Hardware, Storage & Peripherals | 22 | 42.8% | 88.4% | 34.5% | STX 1153% · WDC 1018% · DELL 996% |
| Internet Services & Infrastructure | 6 | 15.3% | 39.6% | 21.9% | DOCN 154% · VRSN 36% · GDDY 35% |
| Electronic Equipment & Instruments | 27 | 3.6% | 15.3% | -1.3% | PI 261% · NSSC 133% · OSIS 131% |
| IT Consulting & Other Services | 28 | -25.1% | -10.3% | -16.7% | CHRN 550689% · APLD 2228% · TSSI 780% |
| Application Software | 124 | -19.2% | -11.3% | -39.3% | VIDA 234900% · INLX 5250% · PLTR 626% |
| Systems Software | 68 | -6.2% | 25.6% | -43.0% | QNC 1005% · PANW 530% · PAYS 425% |
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 184.12 |
| Mkt Cap | 14.3 |
| Rev LTM | 26,323 |
| Op Inc LTM | 1,348 |
| FCF LTM | 611 |
| FCF 3Y Avg | 694 |
| CFO LTM | 680 |
| CFO 3Y Avg | 792 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.4% |
| Rev Chg 3Y Avg | 1.9% |
| Rev Chg Q | 16.4% |
| QoQ Delta Rev Chg LTM | 4.0% |
| Op Inc Chg LTM | 28.6% |
| Op Inc Chg 3Y Avg | -0.3% |
| Op Mgn LTM | 4.4% |
| Op Mgn 3Y Avg | 4.2% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 2.4% |
| CFO/Rev 3Y Avg | 2.9% |
| FCF/Rev LTM | 2.1% |
| FCF/Rev 3Y Avg | 2.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.3 |
| P/S | 0.4 |
| P/Op Inc | 10.6 |
| P/EBIT | 11.4 |
| P/E | 21.5 |
| P/CFO | 13.3 |
| Total Yield | 5.6% |
| Dividend Yield | 0.6% |
| FCF Yield 3Y Avg | 6.8% |
| D/E | 0.4 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 8.5% |
| 3M Rtn | 13.4% |
| 6M Rtn | 41.9% |
| 12M Rtn | 74.8% |
| 3Y Rtn | 88.8% |
| 1M Excs Rtn | 5.2% |
| 3M Excs Rtn | 6.9% |
| 6M Excs Rtn | 28.0% |
| 12M Excs Rtn | 48.1% |
| 3Y Excs Rtn | 22.6% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Global components | 21,501 | 19,983 | 25,420 | 28,788 | 26,358 |
| Global enterprise computing solutions (ECS) | 9,352 | 7,940 | 7,687 | 8,336 | 8,120 |
| Total | 30,853 | 27,923 | 33,107 | 37,124 | 34,477 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Global components | 775 | 741 | 1,459 | 1,961 | 1,432 |
| Global enterprise computing solutions (ECS) | 426 | 410 | 367 | 409 | 390 |
| Corporate | -378 | -383 | -355 | -301 | -265 |
| Total | 822 | 769 | 1,471 | 2,068 | 1,557 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Global components | 21,223 | 14,766 | 15,129 | 15,002 | 12,953 |
| Global enterprise computing solutions (ECS) | 7,355 | 6,519 | 6,051 | 6,124 | 5,954 |
| Corporate | 500 | 473 | 546 | 637 | 629 |
| Total | 29,078 | 21,758 | 21,726 | 21,763 | 19,536 |
Price Behavior
| Market Price | $213.99 | |
| Market Cap ($ Bil) | 11.0 | |
| First Trading Date | 07/19/1984 | |
| Distance from 52W High | -8.9% | |
| 50 Days | 200 Days | |
| DMA Price | $212.69 | $161.68 |
| DMA Trend | up | up |
| Distance from DMA | 0.6% | 32.4% |
| 3M | 1YR | |
| Volatility | 41.3% | 36.4% |
| Downside Capture | 173.39 | 107.08 |
| Upside Capture | 148.08 | 146.25 |
| Correlation (SPY) | 50.1% | 51.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.02 | 1.50 | 1.67 | 1.55 | 1.49 | 1.09 |
| Up Beta | 3.03 | 0.96 | 1.24 | 2.18 | 2.01 | 1.21 |
| Down Beta | 0.52 | 0.95 | 0.96 | 1.21 | 1.25 | 0.92 |
| Up Capture | 242% | 215% | 256% | 231% | 211% | 126% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 11 | 21 | 31 | 66 | 133 | 372 |
| Down Capture | 203% | 168% | 176% | 98% | 114% | 103% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 11 | 22 | 32 | 60 | 119 | 377 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ARW | |
|---|---|---|---|---|
| ARW | 68.3% | 36.3% | 1.49 | - |
| Sector ETF (XLK) | 42.4% | 25.9% | 1.33 | 52.0% |
| Equity (SPY) | 21.5% | 12.8% | 1.25 | 51.3% |
| Gold (GLD) | 30.0% | 28.5% | 0.91 | 20.6% |
| Commodities (DBC) | 38.1% | 20.1% | 1.49 | -1.5% |
| Real Estate (VNQ) | 14.4% | 13.9% | 0.73 | 19.5% |
| Bitcoin (BTCUSD) | -49.1% | 42.8% | -1.45 | 24.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ARW | |
|---|---|---|---|---|
| ARW | 12.9% | 30.0% | 0.43 | - |
| Sector ETF (XLK) | 20.6% | 25.8% | 0.71 | 57.6% |
| Equity (SPY) | 13.4% | 17.2% | 0.60 | 60.2% |
| Gold (GLD) | 19.5% | 18.6% | 0.85 | 12.1% |
| Commodities (DBC) | 9.6% | 19.6% | 0.38 | 12.3% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 43.7% |
| Bitcoin (BTCUSD) | 8.0% | 52.8% | 0.34 | 24.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ARW | |
|---|---|---|---|---|
| ARW | 13.0% | 29.9% | 0.46 | - |
| Sector ETF (XLK) | 24.7% | 24.9% | 0.90 | 61.8% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 67.2% |
| Gold (GLD) | 12.0% | 16.2% | 0.60 | 8.9% |
| Commodities (DBC) | 7.7% | 18.0% | 0.34 | 24.0% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 50.2% |
| Bitcoin (BTCUSD) | 59.9% | 66.1% | 1.00 | 18.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/17/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | -8.4% | -5.9% | |
| 5/7/2026 | -1.1% | 10.4% | 14.2% |
| 2/5/2026 | 12.4% | 10.3% | -0.9% |
| 10/30/2025 | -1.5% | -1.8% | -3.8% |
| 7/31/2025 | -10.6% | -10.5% | -2.3% |
| 5/1/2025 | 1.5% | 3.7% | 6.3% |
| 2/6/2025 | -4.5% | -7.0% | -4.8% |
| 10/31/2024 | -12.6% | -9.5% | -11.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 12 | 12 |
| # Negative | 12 | 12 | 11 |
| Median Positive | 2.2% | 3.3% | 7.2% |
| Median Negative | -3.1% | -3.8% | -3.8% |
| Max Positive | 12.4% | 10.4% | 21.5% |
| Max Negative | -12.6% | -12.2% | -18.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | -8.4% | -5.9% | |
| 5/7/2026 | -1.1% | 10.4% | 14.2% |
| 2/5/2026 | 12.4% | 10.3% | -0.9% |
| 10/30/2025 | -1.5% | -1.8% | -3.8% |
| 7/31/2025 | -10.6% | -10.5% | -2.3% |
| 5/1/2025 | 1.5% | 3.7% | 6.3% |
| 2/6/2025 | -4.5% | -7.0% | -4.8% |
| 10/31/2024 | -12.6% | -9.5% | -11.5% |
| 8/1/2024 | 4.2% | -0.7% | 9.2% |
| 5/2/2024 | -1.7% | 2.1% | 5.2% |
| 2/8/2024 | 4.1% | 2.9% | 10.1% |
| 11/2/2023 | 5.5% | 4.3% | 5.2% |
| 8/3/2023 | -9.6% | -10.4% | -5.6% |
| 5/4/2023 | 2.8% | 2.5% | 11.1% |
| 2/2/2023 | 10.2% | 6.9% | -0.1% |
| 11/3/2022 | 0.9% | 3.0% | 6.4% |
| 8/4/2022 | -6.1% | -12.2% | -18.6% |
| 5/5/2022 | -0.1% | -1.1% | -2.2% |
| 2/3/2022 | -1.1% | -0.5% | -7.8% |
| 11/4/2021 | 0.1% | 2.1% | 2.8% |
| 8/5/2021 | -1.2% | -0.1% | -0.3% |
| 5/6/2021 | 1.1% | -0.1% | 8.0% |
| 2/4/2021 | 1.0% | 3.0% | 1.4% |
| 10/29/2020 | 1.2% | 5.9% | 21.5% |
| SUMMARY STATS | |||
| # Positive | 12 | 12 | 12 |
| # Negative | 12 | 12 | 11 |
| Median Positive | 2.2% | 3.3% | 7.2% |
| Median Negative | -3.1% | -3.8% | -3.8% |
| Max Positive | 12.4% | 10.4% | 21.5% |
| Max Negative | -12.6% | -12.2% | -18.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/11/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/11/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/13/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/09/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/11/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/11/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/13/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/09/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 02/11/2022 | 10-K |
| 09/30/2021 | 11/04/2021 | 10-Q |
| 06/30/2021 | 08/05/2021 | 10-Q |
| 03/31/2021 | 05/06/2021 | 10-Q |
| 12/31/2020 | 02/11/2021 | 10-K |
| 09/30/2020 | 10/29/2020 | 10-Q |
| 06/30/2020 | 07/30/2020 | 10-Q |
| 03/31/2020 | 05/06/2020 | 10-Q |
| 12/31/2019 | 02/13/2020 | 10-K |
| 09/30/2019 | 11/07/2019 | 10-Q |
Recent Forward Guidance
Updated 8/7/2026Latest: Q2 2026 Earnings Reported 8/6/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Revenue | 9.60 Bil | 9.90 Bil | 10.20 Bil | 4.8% | Higher New | Guidance: 9.45 Bil for Q2 2026 | |
| Q3 2026 Global Components Sales | 7.50 Bil | 7.70 Bil | 7.90 Bil | 10.0% | Higher New | Guidance: 7.00 Bil for Q2 2026 | |
| Q3 2026 Global ECS Sales | 2.10 Bil | 2.20 Bil | 2.30 Bil | -10.2% | Lower New | Guidance: 2.45 Bil for Q2 2026 | |
| Q3 2026 EPS | 4.72 | 4.82 | 4.92 | 20.2% | Higher New | Guidance: 4.01 for Q2 2026 | |
| Q3 2026 Non-GAAP EPS | 4.83 | 4.93 | 5.03 | 11.5% | Higher New | Guidance: 4.42 for Q2 2026 | |
Prior: Q1 2026 Earnings Reported 5/7/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 9.15 Bil | 9.45 Bil | 9.75 Bil | 14.5% | Higher New | Actual: 8.25 Bil for Q1 2026 | |
| Q2 2026 Global Components Sales | 6.80 Bil | 7.00 Bil | 7.20 Bil | 17.6% | Higher New | Actual: 5.95 Bil for Q1 2026 | |
| Q2 2026 Global Enterprise Computing Solutions Sales | 2.35 Bil | 2.45 Bil | 2.55 Bil | 6.5% | Higher New | Actual: 2.30 Bil for Q1 2026 | |
| Q2 2026 EPS | 3.91 | 4.01 | 4.11 | 79.8% | Higher New | Actual: 2.23 for Q1 2026 | |
| Q2 2026 Non-GAAP EPS | 4.32 | 4.42 | 4.52 | 57.9% | Higher New | Actual: 2.8 for Q1 2026 | |
Q4 2025 Earnings Reported 2/5/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 7.95 Bil | 8.25 Bil | 8.55 Bil | 1.9% | Higher New | Guidance: 8.10 Bil for Q4 2025 | |
| Q1 2026 Global Components Sales | 5.75 Bil | 5.95 Bil | 6.15 Bil | 12.3% | Higher New | Guidance: 5.30 Bil for Q4 2025 | |
| Q1 2026 Global Enterprise Computing Solutions Sales | 2.20 Bil | 2.30 Bil | 2.40 Bil | -17.9% | Lower New | Guidance: 2.80 Bil for Q4 2025 | |
| Q1 2026 EPS | 2.13 | 2.23 | 2.33 | -29.9% | Lower New | Guidance: 3.18 for Q4 2025 | |
| Q1 2026 Non-GAAP EPS | 2.7 | 2.8 | 2.9 | -20.9% | Lower New | Guidance: 3.54 for Q4 2025 | |
Q3 2025 Earnings Reported 10/30/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Revenue | 7.80 Bil | 8.10 Bil | 8.40 Bil | 6.6% | Higher New | Guidance: 7.60 Bil for Q3 2025 | |
| Q4 2025 Global Components Sales | 5.10 Bil | 5.30 Bil | 5.50 Bil | -3.6% | Lower New | Guidance: 5.50 Bil for Q3 2025 | |
| Q4 2025 Global Enterprise Computing Solutions Sales | 2.70 Bil | 2.80 Bil | 2.90 Bil | 33.3% | Higher New | Guidance: 2.10 Bil for Q3 2025 | |
| Q4 2025 EPS | 3.08 | 3.18 | 3.28 | 100.0% | Higher New | Guidance: 1.59 for Q3 2025 | |
| Q4 2025 Non-GAAP EPS | 3.44 | 3.54 | 3.64 | 56.6% | Higher New | Guidance: 2.26 for Q3 2025 | |
| Q4 2025 Average Tax Rate | 23.0% | 24.0% | 25.0% | 0.0% | Same New | Guidance: 24.0% for Q3 2025 | |
| Q4 2025 Interest Expense | 60.00 Mil | -7.7% | Lower New | Guidance: 65.00 Mil for Q3 2025 | |||
Insider Activity
Updated 6/3/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Zech, Gretchen | SVP, Chief Gov, Sust, HR Offr | Direct | Sell | 6032026 | 228.54 | 20,931 | 4,783,499 | 4,952,388 | Form |
| 2 | Zech, Gretchen | SVP, Chief Gov, Sust, HR Offr | Direct | Sell | 6012026 | 215.15 | 4,600 | 989,690 | 6,082,290 | Form |
| 3 | Jean-Claude, Carine Lamercie | SVP, CLCO and Secretary | Direct | Sell | 5222026 | 216.00 | 3,000 | 648,000 | 2,727,216 | Form |
| 4 | Zech, Gretchen | SVP, Chief Gov, Sust, HR Offr | Direct | Sell | 5222026 | 212.08 | 16,000 | 3,393,280 | 6,971,070 | Form |
| 5 | Nowak, Eric | President, Global ECS | Direct | Sell | 5212026 | 210.99 | 3,473 | 732,751 | 10,303,452 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Zech, Gretchen | SVP, Chief Gov, Sust, HR Offr | Direct | Sell | 6032026 | 228.54 | 20,931 | 4,783,499 | 4,952,388 | Form |
| 2 | Zech, Gretchen | SVP, Chief Gov, Sust, HR Offr | Direct | Sell | 6012026 | 215.15 | 4,600 | 989,690 | 6,082,290 | Form |
| 3 | Jean-Claude, Carine Lamercie | SVP, CLCO and Secretary | Direct | Sell | 5222026 | 216.00 | 3,000 | 648,000 | 2,727,216 | Form |
| 4 | Zech, Gretchen | SVP, Chief Gov, Sust, HR Offr | Direct | Sell | 5222026 | 212.08 | 16,000 | 3,393,280 | 6,971,070 | Form |
| 5 | Nowak, Eric | President, Global ECS | Direct | Sell | 5212026 | 210.99 | 3,473 | 732,751 | 10,303,452 | Form |
| 6 | Jean-Claude, Carine Lamercie | SVP, CLCO and Secretary | Direct | Sell | 2242026 | 160.00 | 4,078 | 652,480 | 2,500,160 | Form |
| 7 | Austen, William F | Interim President and CEO | Direct | Buy | 2202026 | 151.87 | 3,960 | 601,408 | 6,791,975 | Form |
| 8 | Marano, Richard John | President, Global Components | Direct | Sell | 2182026 | 155.32 | 2,500 | 388,300 | 3,742,591 | Form |
| 9 | Nowak, Eric | President, Global ECS | Direct | Sell | 2122026 | 157.09 | 12,699 | 1,994,887 | 6,834,831 | Form |
| 10 | Jean-Claude, Carine Lamercie | SVP, CLCO and Secretary | Direct | Sell | 2122026 | 156.65 | 4,000 | 626,600 | 2,547,286 | Form |
| 11 | Kerin, Andrew Charles | Direct | Sell | 2122026 | 157.27 | 1,456 | Form | |||
| 12 | Kerins, Sean J | President and CEO | Direct | Buy | 8042025 | 114.91 | 8,630 | 991,693 | 14,066,185 | Form |
| 13 | Zech, Gretchen | SVP, Chief Gov, Sust, HR Offr | Direct | Sell | 6162025 | 123.45 | 13,746 | 1,697,002 | 5,509,517 | Form |
| 14 | Jean-Claude, Carine Lamercie | SVP, CLCO and Secretary | Direct | Sell | 6122025 | 124.64 | 2,660 | 331,542 | 2,125,984 | Form |
Investor Activity (13F)
Updated Aug 17, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Oldfield Partners LLP | $45.2 Mil | 11.5% | 18 | TRIM -14.0% | 13F |
| Greenhaven Associates Inc | $271.9 Mil | 4.5% | 27 | Hold | 13F |
| GoodHaven Capital Management, LLC | $10.0 Mil | 3.5% | 24 | Hold | 13F |
| Lyrical Asset Management LP | $182.1 Mil | 2.8% | 39 | Hold | 13F |
| Hound Partners, LLC | $7.9 Mil | 1.0% | 34 | TRIM -59.4% | 13F |
| Active Manager |
|---|
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Greenhaven Associates Inc | $271.9 Mil | 4.5% | 27 | Hold | 13F |
| Lyrical Asset Management LP | $182.1 Mil | 2.8% | 39 | Hold | 13F |
| Oldfield Partners LLP | $45.2 Mil | 11.5% | 18 | TRIM -14.0% | 13F |
| GoodHaven Capital Management, LLC | $10.0 Mil | 3.5% | 24 | Hold | 13F |
| Hound Partners, LLC | $7.9 Mil | 1.0% | 34 | TRIM -59.4% | 13F |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Technology Distributors Resources |
| CRN |
| Channel Futures |
| ChannelE2E |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.