Arrow Electronics (ARW) vs Flex (FLEX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Flex (FLEX) has outperformed Arrow Electronics (ARW) over the past year, gaining 108.5% versus a gain of 94.0%. Over five years, FLEX leads with a +731.7% price change compared with +96.7% for ARW. Flex is the larger company by market cap ($44.09 billion vs $11.81 billion), about 3.7 times the size, while Arrow Electronics is growing revenue faster (+10.5% vs +8.1%).
On valuation, Arrow Electronics trades at a lower forward P/E (9.7x vs 16.9x for Flex). Flex converts more of its revenue into profit, with a net margin of 3.2% versus 1.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ARW | FLEX |
|---|---|---|
| Share price | $232.00 | $119.34 |
| Market cap | $11.81B | $44.09B |
| 1-day change | -3.49% | -1.68% |
| YTD return | +110.56% | +97.52% |
| 1-year return | +94.03% | +108.45% |
| 5-year return | +96.73% | +731.74% |
| P/E ratio (TTM) | 14.83 | 46.08 |
| Forward P/E | 9.70 | 16.91 |
| EPS (TTM) | $15.64 | $2.59 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $30.85B | $27.91B |
| Revenue growth (YoY) | +10.49% | +8.14% |
| Net income (latest FY) | $571.27M | $880.00M |
| Gross margin | 11.24% | 9.20% |
| Operating margin | 2.66% | 4.90% |
| Net margin | 1.85% | 3.15% |
| 52-week high | $249.43 | $166.86 |
| 52-week low | $101.79 | $53.07 |
| Distance from 52-week high | -6.99% | -28.48% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +1.29% | +34.49% |
| Average volume | 564.85K | 3.65M |
| Shares outstanding | 50.91M | 369.46M |
| Employees | 22,230 | 149,686 |
| Sector | Technology | Technology |
| Industry | Electronic Components | Electrical Products |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Flex is about 3.7 times larger than Arrow Electronics by market value ($44.09B vs $11.81B).
- FLEX has outperformed ARW by 14.4 percentage points over the past year.
- Flex trades at a higher earnings multiple (46.1x vs 14.8x trailing P/E).
About Arrow Electronics
ARW stock →Arrow Electronics, Inc. sources and engineers technology for manufacturers, service providers, and users of enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Technology · Electronic Components · 22,230 employees
About Flex
FLEX stock →Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe.
Technology · Electrical Products · 149,686 employees
ARW vs FLEX FAQ
Which is bigger, Arrow Electronics or Flex?
Flex (FLEX) is larger, with a market capitalization of $44.09B compared with $11.81B for Arrow Electronics (ARW).
Which stock has performed better over the past year, ARW or FLEX?
FLEX returned +108.45% over the past 12 months, compared with +94.03% for ARW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ARW or FLEX?
ARW has the lower trailing P/E at 14.8, versus 46.1 for FLEX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Arrow Electronics and Flex in the same industry?
Both are in the Technology sector, but in different industries: Electronic Components for Arrow Electronics and Electrical Products for Flex.