• Arrow Electronics average debt/equity ratio for 2023 was 0.54, a 1.82% decline from 2022.
• Arrow Electronics average debt/equity ratio for 2022 was 0.55, a 41.03% decline from 2021.
• Arrow Electronics average debt/equity ratio for 2021 was 0.39, a 11.36% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.