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Side-by-side financial comparison of ARROW ELECTRONICS, INC. (ARW) and ENBRIDGE INC (ENB). Click either name above to swap in a different company.

ARROW ELECTRONICS, INC. is the larger business by last-quarter revenue ($8.7B vs $5.7B, roughly 1.5× ENBRIDGE INC). ENBRIDGE INC runs the higher net margin — 26.2% vs 2.2%, a 24.0% gap on every dollar of revenue. On growth, ARROW ELECTRONICS, INC. posted the faster year-over-year revenue change (20.1% vs 5.3%). ENBRIDGE INC produced more free cash flow last quarter ($2.4B vs $172.6M). Over the past eight quarters, ARROW ELECTRONICS, INC.'s revenue compounded faster (12.4% CAGR vs 7.6%).

Arrow Electronics, Inc., is an American company headquartered in Centennial, Colorado. A global provider of electronic components and enterprise computing products, the company specializes in distribution and value-added services for original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers and other commercial customers. The company is ranked No. 154 in the Fortune 500 list of the largest United States corporations by total revenue. The compan...

Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids, and also generates renewable energy. Enbridge's pipeline system is the longest in North America and the largest oil export pipeline network in the world. Its crude oil system consists of 28,661 kilometres of pipelines. Its 38,300 kilometre natural gas p...

ARW vs ENB — Head-to-Head

Bigger by revenue
ARW
ARW
1.5× larger
ARW
$8.7B
$5.7B
ENB
Growing faster (revenue YoY)
ARW
ARW
+14.8% gap
ARW
20.1%
5.3%
ENB
Higher net margin
ENB
ENB
24.0% more per $
ENB
26.2%
2.2%
ARW
More free cash flow
ENB
ENB
$2.2B more FCF
ENB
$2.4B
$172.6M
ARW
Faster 2-yr revenue CAGR
ARW
ARW
Annualised
ARW
12.4%
7.6%
ENB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARW
ARW
ENB
ENB
Revenue
$8.7B
$5.7B
Net Profit
$194.6M
$1.5B
Gross Margin
11.5%
Operating Margin
3.4%
34.7%
Net Margin
2.2%
26.2%
Revenue YoY
20.1%
5.3%
Net Profit YoY
96.2%
246.2%
EPS (diluted)
$3.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARW
ARW
ENB
ENB
Q4 25
$8.7B
$5.7B
Q3 25
$7.7B
$4.5B
Q2 25
$7.6B
$4.8B
Q1 25
$6.8B
$6.4B
Q4 24
$7.3B
$5.4B
Q3 24
$6.8B
$4.2B
Q2 24
$6.9B
$4.3B
Q1 24
$6.9B
$4.9B
Net Profit
ARW
ARW
ENB
ENB
Q4 25
$194.6M
$1.5B
Q3 25
$109.2M
$575.2M
Q2 25
$187.7M
$1.7B
Q1 25
$79.7M
$1.7B
Q4 24
$99.2M
$434.4M
Q3 24
$100.6M
$1.0B
Q2 24
$108.7M
$1.4B
Q1 24
$83.6M
$1.1B
Gross Margin
ARW
ARW
ENB
ENB
Q4 25
11.5%
Q3 25
10.8%
Q2 25
11.2%
Q1 25
11.4%
Q4 24
11.0%
Q3 24
11.5%
Q2 24
12.3%
7.5%
Q1 24
12.4%
26.2%
Operating Margin
ARW
ARW
ENB
ENB
Q4 25
3.4%
34.7%
Q3 25
2.3%
36.9%
Q2 25
2.5%
35.1%
Q1 25
2.3%
41.7%
Q4 24
2.7%
32.8%
Q3 24
2.6%
38.7%
Q2 24
3.1%
38.3%
Q1 24
2.7%
40.0%
Net Margin
ARW
ARW
ENB
ENB
Q4 25
2.2%
26.2%
Q3 25
1.4%
12.8%
Q2 25
2.5%
34.9%
Q1 25
1.2%
26.8%
Q4 24
1.4%
8.0%
Q3 24
1.5%
24.3%
Q2 24
1.6%
32.8%
Q1 24
1.2%
22.3%
EPS (diluted)
ARW
ARW
ENB
ENB
Q4 25
$3.74
Q3 25
$2.09
Q2 25
$3.59
Q1 25
$1.51
Q4 24
$1.87
Q3 24
$1.88
Q2 24
$2.01
Q1 24
$1.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARW
ARW
ENB
ENB
Cash + ST InvestmentsLiquidity on hand
$306.5M
$798.6M
Total DebtLower is stronger
$72.2B
Stockholders' EquityBook value
$6.6B
$45.5B
Total Assets
$29.1B
$159.5B
Debt / EquityLower = less leverage
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARW
ARW
ENB
ENB
Q4 25
$306.5M
$798.6M
Q3 25
$213.6M
$1.0B
Q2 25
$222.0M
$878.2M
Q1 25
$231.9M
$1.5B
Q4 24
$188.8M
$1.3B
Q3 24
$248.0M
$1.4B
Q2 24
$213.0M
$2.6B
Q1 24
$242.8M
$886.2M
Total Debt
ARW
ARW
ENB
ENB
Q4 25
$72.2B
Q3 25
$73.4B
Q2 25
$70.8B
Q1 25
$70.9B
Q4 24
$68.2B
Q3 24
$63.7B
Q2 24
$62.2B
Q1 24
$59.4B
Stockholders' Equity
ARW
ARW
ENB
ENB
Q4 25
$6.6B
$45.5B
Q3 25
$6.4B
$47.6B
Q2 25
$6.3B
$47.8B
Q1 25
$5.9B
$49.8B
Q4 24
$5.8B
$48.1B
Q3 24
$6.0B
$48.0B
Q2 24
$5.7B
$49.1B
Q1 24
$5.7B
$46.9B
Total Assets
ARW
ARW
ENB
ENB
Q4 25
$29.1B
$159.5B
Q3 25
$24.5B
$158.4B
Q2 25
$24.3B
$154.5B
Q1 25
$21.4B
$160.6B
Q4 24
$21.8B
$159.9B
Q3 24
$20.9B
$150.2B
Q2 24
$20.1B
$146.9B
Q1 24
$20.3B
$139.2B
Debt / Equity
ARW
ARW
ENB
ENB
Q4 25
1.59×
Q3 25
1.54×
Q2 25
1.48×
Q1 25
1.42×
Q4 24
1.42×
Q3 24
1.33×
Q2 24
1.27×
Q1 24
1.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARW
ARW
ENB
ENB
Operating Cash FlowLast quarter
$199.9M
$9.0B
Free Cash FlowOCF − Capex
$172.6M
$2.4B
FCF MarginFCF / Revenue
2.0%
42.0%
Capex IntensityCapex / Revenue
0.3%
114.3%
Cash ConversionOCF / Net Profit
1.03×
5.96×
TTM Free Cash FlowTrailing 4 quarters
$-37.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARW
ARW
ENB
ENB
Q4 25
$199.9M
$9.0B
Q3 25
$-281.7M
Q2 25
$-205.9M
Q1 25
$351.7M
$2.2B
Q4 24
$326.5M
$9.2B
Q3 24
$80.6M
Q2 24
$320.2M
Q1 24
$403.2M
$2.3B
Free Cash Flow
ARW
ARW
ENB
ENB
Q4 25
$172.6M
$2.4B
Q3 25
$-312.0M
Q2 25
$-224.5M
Q1 25
$326.7M
$970.9M
Q4 24
$303.9M
$4.3B
Q3 24
$62.0M
Q2 24
$298.1M
Q1 24
$373.7M
$1.4B
FCF Margin
ARW
ARW
ENB
ENB
Q4 25
2.0%
42.0%
Q3 25
-4.0%
Q2 25
-3.0%
Q1 25
4.8%
15.1%
Q4 24
4.2%
79.0%
Q3 24
0.9%
Q2 24
4.3%
Q1 24
5.4%
29.0%
Capex Intensity
ARW
ARW
ENB
ENB
Q4 25
0.3%
114.3%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.4%
19.6%
Q4 24
0.3%
90.1%
Q3 24
0.3%
Q2 24
0.3%
Q1 24
0.4%
17.5%
Cash Conversion
ARW
ARW
ENB
ENB
Q4 25
1.03×
5.96×
Q3 25
-2.58×
Q2 25
-1.10×
Q1 25
4.41×
1.29×
Q4 24
3.29×
21.18×
Q3 24
0.80×
Q2 24
2.95×
Q1 24
4.82×
2.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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