Arrow Financial annual net debt
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2025
Arrow Financial Net Debt Growth & History (AROW)
Arrow Financial's net debt was −$196.3M for fiscal 2025.
View full Arrow Financial company overviewArrow Financial annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$196.3M | −$68.8M | — |
| 2024 | 2024-12-31 | −$127.5M | −$28.2M | — |
| 2023 | 2023-12-31 | −$99.3M | −$128.2M | — |
| 2022 | 2022-12-31 | $28.9M | $429.3M | — |
| 2021 | 2021-12-31 | −$400.4M | −$92.5M | — |
| 2020 | 2020-12-31 | −$307.9M | −$459.7M | — |
| 2019 | 2019-12-31 | $151.8M | −$97.6M | −39.12% |
| 2018 | 2018-12-31 | $249.4M | $97.3M | +63.95% |
| 2017 | 2017-12-31 | $152.1M | −$4.4M | −2.78% |
| 2016 | 2016-12-31 | $156.5M | $47.4M | +43.42% |
| 2015 | 2015-12-31 | $109.1M | $85.0M | +352.23% |
| 2014 | 2014-12-31 | $24.1M | −$10.7M | −30.67% |
| 2013 | 2013-12-31 | $34.8M | $12.0M | +52.31% |
| 2012 | 2012-12-31 | $22.8M | −$41.7M | −64.61% |
| 2011 | 2011-12-31 | $64.6M | — | — |
Arrow Financial quarterly net debt
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Q4.17
Q4.18
Q1.19
Q2.19
Q3.19
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Q1.20
Q2.20
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Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
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Q4.22
Q1.23
Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $128.3M | $378.4M | — |
| Q1 2026 | 2026-03-31 | −$271.5M | $19.9M | — |
| Q4 2025 | 2025-12-31 | −$196.3M | −$68.8M | — |
| Q3 2025 | 2025-09-30 | −$383.8M | −$53.7M | — |
| Q2 2025 | 2025-06-30 | −$250.1M | −$60.2M | — |
| Q1 2025 | 2025-03-31 | −$291.4M | −$19.0M | — |
| Q4 2024 | 2024-12-31 | −$127.5M | −$28.2M | — |
| Q3 2024 | 2024-09-30 | −$330.1M | −$45.6M | — |
| Q2 2024 | 2024-06-30 | −$190.0M | −$26.8M | — |
| Q1 2024 | 2024-03-31 | −$272.4M | −$79.6M | — |
| Q4 2023 | 2023-12-31 | −$99.3M | −$128.2M | — |
| Q3 2023 | 2023-09-30 | −$284.5M | $77.7M | — |
| Q2 2023 | 2023-06-30 | −$163.2M | $42.3M | — |
| Q1 2023 | 2023-03-31 | −$192.8M | $282.8M | — |
| Q4 2022 | 2022-12-31 | $28.9M | $429.3M | — |
| Q3 2022 | 2022-09-30 | −$362.2M | $224.0M | — |
| Q2 2022 | 2022-06-30 | −$205.5M | $261.7M | — |
| Q1 2022 | 2022-03-31 | −$475.6M | −$34.1M | — |
| Q4 2021 | 2021-12-31 | −$400.4M | −$92.5M | — |
| Q3 2021 | 2021-09-30 | −$586.2M | −$146.4M | — |
| Q2 2021 | 2021-06-30 | −$467.2M | −$224.9M | — |
| Q1 2021 | 2021-03-31 | −$441.5M | −$313.8M | — |
| Q4 2020 | 2020-12-31 | −$307.9M | −$459.7M | — |
| Q3 2020 | 2020-09-30 | −$439.9M | −$358.7M | — |
| Q2 2020 | 2020-06-30 | −$242.3M | −$190.8M | — |
| Q1 2020 | 2020-03-31 | −$127.7M | −$75.0M | — |
| Q4 2019 | 2019-12-31 | $151.8M | −$97.6M | −39.12% |
| Q3 2019 | 2019-09-30 | −$81.2M | — | — |
| Q2 2019 | 2019-06-30 | −$51.5M | — | — |
| Q1 2019 | 2019-03-31 | −$52.6M | — | — |
| Q4 2018 | 2018-12-31 | $249.4M | $97.3M | +63.95% |
| Q4 2017 | 2017-12-31 | $152.1M | −$4.4M | −2.78% |
| Q4 2016 | 2016-12-31 | $156.5M | $47.4M | +43.42% |
| Q4 2015 | 2015-12-31 | $109.1M | $85.0M | +352.23% |
| Q4 2014 | 2014-12-31 | $24.1M | −$10.7M | −30.67% |
| Q4 2013 | 2013-12-31 | $34.8M | $12.0M | +52.31% |
| Q4 2012 | 2012-12-31 | $22.8M | −$41.7M | −64.61% |
| Q4 2011 | 2011-12-31 | $64.6M | — | — |
Arrow Financial net debt trends
Over the last five fiscal years, Arrow Financial's net debt increased from −$307.9M to −$196.3M, a change of $111.5M. The latest reported quarter, Q2 2026, shows $128.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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