AVT
Avnet Inc
NASDAQ: AVT · TECHNOLOGY · ELECTRONICS & COMPUTER DISTRIBUTION
$81.53
+4.15% today
Updated 2026-04-29
Market cap
$6.67B
P/E ratio
33.14
P/S ratio
0.29x
EPS (TTM)
$2.46
Dividend yield
1.74%
52W range
$44 – $84
Volume
1.0M
Avnet Inc (AVT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.25B | $15.68B | $17.95B | $16.23B | $19.16B | $26.53B | $25.71B | $25.46B | $27.50B | $17.66B | $16.74B | $17.44B | $19.04B | $19.52B | $17.63B | $19.53B | $24.31B | $26.54B | $23.76B | $22.20B |
| Revenue growth (YoY) | — | +10.0% | +14.5% | -9.6% | +18.1% | +38.5% | -3.1% | -1.0% | +8.0% | -35.8% | -5.2% | +4.2% | +9.2% | +2.5% | -9.7% | +10.8% | +24.4% | +9.2% | -10.5% | -6.6% |
| Cost of revenue | $12.41B | $13.63B | $15.64B | $14.21B | $16.88B | $23.43B | $22.66B | $22.48B | $24.27B | $15.45B | $14.66B | $15.07B | $16.51B | $17.03B | $15.57B | $17.29B | $21.35B | $23.35B | $20.99B | $19.82B |
| Gross profit | $1.84B | $2.05B | $2.31B | $2.02B | $2.28B | $3.11B | $3.05B | $2.98B | $3.23B | $2.21B | $2.08B | $2.37B | $2.53B | $2.49B | $2.06B | $2.24B | $2.97B | $3.18B | $2.77B | $2.38B |
| Gross margin | 12.9% | 13.1% | 12.9% | 12.5% | 11.9% | 11.7% | 11.9% | 11.7% | 11.7% | 12.5% | 12.4% | 13.6% | 13.3% | 12.7% | 11.7% | 11.5% | 12.2% | 12.0% | 11.6% | 10.7% |
| R&D | — | — | — | — | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $1.34B | $1.36B | $1.56B | $1.53B | $1.62B | $2.10B | $2.09B | $2.20B | $2.34B | $1.52B | $1.46B | $1.79B | $1.97B | $1.87B | $1.84B | $1.87B | $1.99B | $1.97B | $1.87B | $1.76B |
| Operating income | $430.48M | $678.27M | $710.38M | $-1.02B | $635.60M | $929.98M | $884.16M | $625.98M | $789.94M | $653.15M | $572.91M | $443.70M | $209.22M | $365.91M | $-4.63M | $281.41M | $939.01M | $1.19B | $844.37M | $514.25M |
| Operating margin | 3.0% | 4.3% | 4.0% | -6.3% | 3.3% | 3.5% | 3.4% | 2.5% | 2.9% | 3.7% | 3.4% | 2.5% | 1.1% | 1.9% | -0.0% | 1.4% | 3.9% | 4.5% | 3.6% | 2.3% |
| EBITDA | $560.59M | $736.40M | $840.47M | $-950.52M | $707.47M | $1.04B | $982.98M | $777.59M | $943.14M | $740.78M | $649.54M | $565.34M | $472.70M | $552.31M | $236.05M | $451.10M | $1.09B | $1.38B | $1.06B | $622.17M |
| EBITDA margin | 3.9% | 4.7% | 4.7% | -5.9% | 3.7% | 3.9% | 3.8% | 3.1% | 3.4% | 4.2% | 3.9% | 3.2% | 2.5% | 2.8% | 1.3% | 2.3% | 4.5% | 5.2% | 4.4% | 2.8% |
| EBIT | $494.06M | $682.63M | $781.24M | $-1.02B | $646.83M | $963.42M | $881.64M | $656.92M | $805.95M | $658.59M | $569.95M | $409.98M | $237.82M | $371.47M | $-6.84M | $262.40M | $933.71M | $1.23B | $915.13M | $496.97M |
| Interest expense | $96.50M | $77.17M | $72.28M | $66.48M | $61.75M | $92.45M | $90.86M | $107.65M | $104.82M | $87.08M | $91.94M | $99.58M | $92.75M | $134.87M | $122.74M | $89.47M | $100.38M | $250.87M | $282.87M | $246.40M |
| Income tax | $111.60M | $193.55M | $209.87M | $34.74M | $174.71M | $201.90M | $223.76M | $99.19M | $155.52M | $86.14M | $87.10M | $47.05M | $287.97M | $60.26M | $-98.50M | $-20.18M | $140.96M | $212.05M | $133.56M | $10.35M |
| Effective tax rate | 35.3% | 33.0% | 29.6% | -3.2% | 29.9% | 23.2% | 28.3% | 18.1% | 22.2% | 13.1% | 14.7% | 8.2% | 218.9% | 25.5% | 76.0% | -11.7% | 16.9% | 21.6% | 21.1% | 4.1% |
| Net income | $204.55M | $393.07M | $499.08M | $-1.13B | $410.37M | $669.07M | $567.02M | $450.07M | $545.60M | $571.91M | $506.53M | $525.28M | $-156.42M | $176.34M | $-31.08M | $193.11M | $692.38M | $770.83M | $498.70M | $240.22M |
| Net income growth (YoY) | — | +92.2% | +27.0% | -326.4% | +136.3% | +63.0% | -15.3% | -20.6% | +21.2% | +4.8% | -11.4% | +3.7% | -129.8% | +212.7% | -117.6% | +721.3% | +258.5% | +11.3% | -35.3% | -51.8% |
| Profit margin | 1.4% | 2.5% | 2.8% | -7.0% | 2.1% | 2.5% | 2.2% | 1.8% | 2.0% | 3.2% | 3.0% | 3.0% | -0.8% | 0.9% | -0.2% | 1.0% | 2.8% | 2.9% | 2.1% | 1.1% |