15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 4.7% per year over the past 5 years.
Operating margin has expanded, at 2.3% in the latest year.
Free cash flow has declined 2.6% per year over the past 5 years.
Financial health
Total debt ($2.7B) exceeds cash ($192M); net debt is $2.5B.
Total debt has grown faster than revenue (13.4% vs 4.7% per year).
Operating income covered interest expense 2.1× in the latest year.
Total debt is 4.5× EBITDA.
Shareholder returns
Dividends have been paid for 11 consecutive years, consuming 47.2% of earnings and 19.6% of free cash flow.
The dividend has grown 6.2% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$22.2B
$240M
10.7%
2.3%
$577M
$2.7B
$192M
2024
$23.8B
$499M
11.6%
3.6%
$464M
$2.9B
$311M
2023
$26.5B
$771M
12.0%
4.5%
-$908M
$3.1B
$288M
2022
$24.3B
$692M
12.2%
3.9%
-$268M
$1.6B
$154M
2021
$19.5B
$193M
11.5%
1.4%
$41M
$1.2B
$200M
2020
$17.6B
-$31M
11.7%
-0.0%
$657M
$1.4B
$477M
2019
$19.5B
$176M
12.7%
1.9%
$412M
$1.7B
$546M
2018
$19.0B
-$156M
13.3%
1.1%
$98M
$1.6B
$621M
2017
$17.4B
$525M
13.6%
2.5%
-$489M
$1.8B
$836M
2016
—
$507M
—
—
$87M
$2.5B
$1.0B
2014
—
$546M
—
—
$114M
$2.9B
$929M
2013
—
$450M
—
—
$599M
$2.9B
$1.0B
2012
—
$567M
—
—
$400M
$2.1B
$1.0B
2011
—
$669M
—
—
$129M
$1.5B
$675M
2010
—
$410M
—
—
-$97M
$1.3B
$1.1B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$7.1B
$94M
10.4%
2.9%
-$71M
$2.9B
$202M
Dec '25
$6.3B
$62M
10.5%
2.3%
$193M
$2.9B
$287M
Sep '25
$5.9B
$52M
10.4%
2.4%
-$169M
$3.0B
$175M
Jun '25
$5.6B
$6M
10.6%
1.3%
$80M
$2.7B
$192M
Mar '25
$5.3B
$88M
11.1%
2.7%
$114M
$2.6B
$189M
Dec '24
$5.7B
$87M
10.5%
2.7%
$308M
$2.6B
$172M
Sep '24
$5.6B
$59M
10.8%
2.5%
$75M
$3.0B
$268M
Jun '24
$5.6B
$83M
11.6%
3.0%
$248M
$2.9B
$311M
Mar '24
$5.7B
$89M
11.8%
3.4%
$457M
$3.0B
$218M
Dec '23
$6.2B
$118M
11.4%
3.8%
-$124M
$3.5B
$273M
Sep '23
$6.3B
$209M
11.8%
4.0%
-$117M
$3.2B
$279M
Jul '23
$6.6B
$155M
12.5%
4.3%
$178M
$3.1B
$288M
Apr '23
$6.5B
$187M
12.5%
4.8%
-$8M
$3.1B
$186M
Dec '22
$6.7B
$244M
11.7%
4.5%
-$405M
$3.2B
$325M
Oct '22
$6.8B
$184M
11.4%
4.3%
-$673M
$2.3B
$81M
Jul '22
$6.4B
$247M
12.2%
4.5%
-$215M
$1.6B
$154M
Apr '22
$6.5B
$183M
12.5%
4.2%
$232M
$1.4B
$199M
Jan '22
$5.9B
$151M
12.2%
3.6%
-$242M
$1.5B
$168M
Oct '21
$5.6B
$111M
11.8%
3.0%
-$43M
$1.4B
$299M
Jul '21
$5.2B
$85M
12.3%
2.3%
-$118M
$1.2B
$200M
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 31.0× (Jun '26).
The price-to-sales ratio has risen from 0.2× (Mar '23) to 0.3× (Jun '26).
The dividend yield has fallen from 2.7% (Mar '23) to 1.5% (Jun '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 4.7% per year. These are computed facts, not advice.
How much debt does AVT have?
As of FY2025, Avnet Inc reported $2.7B of total debt against $192M of cash; operating income covered interest expense 2.1×.
What is AVT's profit margin?
In FY2025, gross margin was 10.7%, operating margin 2.3%, and net margin 1.1%.
What is AVT's P/E ratio?
As of Jun '26, Avnet Inc traded at a price-to-earnings ratio of about 31.0× (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.