AVT Financials Avnet Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 34 d ago Overview →

Growth & profitability

Revenue has grown 7.2% per year over the past 5 years.
Net income has grown faster than revenue (11.6% vs 7.2% per year).
Operating margin has expanded, at 2.6% in the latest year.

Financial health

Total debt ($3.2B) exceeds cash ($155M); net debt is $3.1B.
Total debt has grown faster than revenue (21.6% vs 7.2% per year).
Operating income covered interest expense 2.9× in the latest year.
Total debt is 4.0× EBITDA.

Shareholder returns

Dividends have been paid for 12 consecutive years, consuming 34.2% of earnings.
The dividend has grown 6.3% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$27.6B	$334M	10.4%	2.6%	6.7%	2.2%	-$354M	$3.2B	$155M
2025	$22.2B	$240M	10.7%	2.3%	4.8%	2.0%	$577M	$2.7B	$192M
2024	$23.8B	$499M	11.6%	3.6%	10.1%	4.1%	$464M	$2.9B	$311M
2023	$26.5B	$771M	12.0%	4.5%	16.2%	6.2%	-$908M	$3.1B	$288M
2022	$24.3B	$692M	12.2%	3.9%	16.5%	6.7%	-$268M	$1.6B	$154M
2021	$19.5B	$193M	11.5%	1.4%	4.7%	2.2%	$41M	$1.2B	$200M
2020	$17.6B	-$31M	11.7%	-0.0%	-0.8%	-0.4%	$657M	$1.4B	$477M
2019	$19.5B	$176M	12.7%	1.9%	4.3%	2.1%	$412M	$1.7B	$546M
2018	$19.0B	-$156M	13.3%	1.1%	-3.3%	-1.6%	$98M	$1.6B	$621M
2017	$17.4B	$525M	13.6%	2.5%	10.1%	5.4%	-$489M	$1.8B	$836M
2016	—	$507M	—	—	10.8%	4.5%	$87M	$2.5B	$1.0B
2014	—	$546M	—	—	11.2%	4.8%	$114M	$2.9B	$929M
2013	—	$450M	—	—	10.5%	4.3%	$599M	$2.9B	$1.0B
2012	—	$567M	—	—	14.5%	5.6%	$400M	$2.1B	$1.0B
2011	—	$669M	—	—	16.5%	6.8%	$129M	$1.5B	$675M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$8.3B	$127M	10.4%	2.8%	2.5%	0.8%	-$308M	$3.2B	$155M
Mar '26	$7.1B	$94M	10.4%	2.9%	1.9%	0.7%	-$71M	$2.9B	$202M
Dec '25	$6.3B	$62M	10.5%	2.3%	1.3%	0.5%	$193M	$2.9B	$287M
Sep '25	$5.9B	$52M	10.4%	2.4%	1.1%	0.4%	-$169M	$3.0B	$175M
Jun '25	$5.6B	$6M	10.6%	1.3%	0.1%	0.1%	$80M	$2.7B	$192M
Mar '25	$5.3B	$88M	11.1%	2.7%	1.8%	0.8%	$114M	$2.6B	$189M
Dec '24	$5.7B	$87M	10.5%	2.7%	1.8%	0.7%	$308M	$2.6B	$172M
Sep '24	$5.6B	$59M	10.8%	2.5%	1.2%	0.5%	$75M	$3.0B	$268M
Jun '24	$5.6B	$83M	11.6%	3.0%	1.7%	0.7%	$248M	$2.9B	$311M
Mar '24	$5.7B	$89M	11.8%	3.4%	1.8%	0.7%	$457M	$3.0B	$218M
Dec '23	$6.2B	$118M	11.4%	3.8%	2.4%	0.9%	-$124M	$3.5B	$273M
Sep '23	$6.3B	$209M	11.8%	4.0%	4.3%	1.7%	-$117M	$3.2B	$279M
Jul '23	$6.6B	$155M	12.5%	4.3%	3.3%	1.2%	$178M	$3.1B	$288M
Apr '23	$6.5B	$187M	12.5%	4.8%	4.0%	1.5%	-$8M	$3.1B	$186M
Dec '22	$6.7B	$244M	11.7%	4.5%	5.5%	2.0%	-$405M	$3.2B	$325M
Oct '22	$6.8B	$184M	11.4%	4.3%	4.6%	1.7%	-$673M	$2.3B	$81M
Jul '22	$6.4B	$247M	12.2%	4.5%	5.9%	2.4%	-$215M	$1.6B	$154M
Apr '22	$6.5B	$183M	12.5%	4.2%	4.3%	1.9%	$232M	$1.4B	$199M
Jan '22	$5.9B	$151M	12.2%	3.6%	3.6%	1.6%	-$242M	$1.5B	$168M
Oct '21	$5.6B	$111M	11.8%	3.0%	2.7%	1.2%	-$43M	$1.4B	$299M

Valuation over time

How the market has priced AVT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 5.4× (Mar '23) to 22.3× (Sep '26).
The price-to-sales ratio has risen from 0.2× (Mar '23) to 0.3× (Sep '26).
The dividend yield has fallen from 2.7% (Mar '23) to 1.5% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is AVT growing its revenue and profit?

Over the past 5 years, Avnet Inc's revenue has grown 7.2% per year, and net income grown 11.6% per year. These are computed facts, not advice.

How much debt does AVT have?

As of FY2026, Avnet Inc reported $3.2B of total debt against $155M of cash; operating income covered interest expense 2.9×.

What is AVT's profit margin?

In FY2026, gross margin was 10.4%, operating margin 2.6%, and net margin 1.2%.

What is AVT's P/E ratio?

As of Sep '26, Avnet Inc traded at a price-to-earnings ratio of about 22.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.