AVT · Avnet Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.12B | $6.32B | $5.90B | $5.66B | $5.32B | $5.60B | $6.20B | $5.65B | $6.34B | $6.51B |
| Cost of Revenue | $6.38B | $5.66B | $5.28B | $5.07B | $4.73B | $5.00B | $5.50B | $4.98B | $5.59B | $5.70B |
| Gross Profit | $739.06M | $663.04M | $614.76M | $596.05M | $587.85M | $607.37M | $706.18M | $669.27M | $748.11M | $811.85M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $518.79M | $491.67M | $464.44M | $436.93M | $435.49M | $438.79M | $464.69M | $467.27M | $487.29M | $498.22M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $16.39M | $17.03M | $16.84M | - | - | $21.52M | - | - | - | - |
| Operating Income | $205.53M | $146.20M | $142.03M | $155.33M | $143.25M | $142.22M | $236.26M | $190.15M | $253.77M | $313.63M |
| Interest Expense | $63.14M | $61.36M | $59.76M | $62.40M | $61.12M | $70.80M | $74.30M | $73.50M | $70.80M | $71.69M |
| Income Tax | $46.24M | $28.17M | $25.06M | $3.03M | ($9.78M) | $15.78M | $35.63M | $13.11M | $66.16M | $56.16M |
| Net Income | $94.33M | $61.73M | $51.74M | $87.25M | $87.92M | $58.96M | $117.93M | $88.83M | $209.27M | $187.43M |
| EPS - Basic | $1.15 | $0.76 | $0.62 | $1.00 | $1.02 | $0.67 | $1.31 | $0.98 | $2.29 | $2.05 |
| EPS - Diluted | $1.14 | $0.75 | $0.61 | $0.99 | $1.01 | $0.66 | $1.28 | $0.97 | $2.25 | $2.03 |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $202.44M | $286.55M | $175.47M | $192.43M | $188.91M | $267.52M | $310.94M | $218.47M | $278.68M | $288.23M |
| Accounts Receivable | $5.50B | $5.24B | $4.50B | $4.33B | $4.10B | $4.58B | $4.39B | $4.32B | $4.68B | $4.76B |
| Inventory | $5.46B | $5.29B | $5.42B | $5.24B | $5.27B | $5.61B | $5.47B | $5.75B | $5.76B | $5.47B |
| Accounts Payable | $4.63B | $4.34B | $3.69B | $3.49B | $3.32B | $3.59B | $3.35B | $3.32B | $3.45B | $3.37B |
| Current Assets | $11.38B | $11.02B | $10.33B | $10.02B | $9.80B | $10.68B | $10.37B | $10.49B | $10.91B | $10.75B |
| Total Assets | $13.49B | $13.15B | $12.41B | $12.12B | $11.71B | $12.60B | $12.21B | $12.33B | $12.65B | $12.48B |
| Current Liabilities | $5.66B | $5.33B | $4.37B | $4.13B | $4.01B | $4.75B | $4.47B | $4.49B | $4.29B | $4.25B |
| Long-term Debt | $2.47B | $2.47B | $2.80B | $2.57B | $2.49B | $2.43B | $2.41B | $2.41B | $3.10B | $2.99B |
| Total Liabilities | $8.54B | $8.22B | $7.57B | $7.11B | $6.83B | $7.56B | $7.28B | $7.34B | $7.82B | $7.73B |
| Stockholders' Equity | $4.95B | $4.94B | $4.85B | $5.01B | $4.88B | $5.04B | $4.93B | $4.99B | $4.82B | $4.75B |
| Retained Earnings | $3.42B | $3.35B | $3.32B | $3.43B | $3.50B | $3.53B | $3.60B | $3.63B | $3.53B | $3.38B |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($144.58M) | - | - | $106.33M | - | - | ($41.29M) | - |
| Investing Cash Flow | - | - | ($24.51M) | - | - | ($31.45M) | - | - | ($75.79M) | - |
| Financing Cash Flow | - | - | $155.14M | - | - | ($109.37M) | - | - | $100.15M | - |
| CapEx | - | - | $24.59M | - | - | $31.78M | - | - | $76.09M | - |
| Free Cash Flow | - | - | ($169.17M) | - | - | $74.55M | - | - | ($117.38M) | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 10.4% | 10.5% | 10.4% | 10.5% | 11.1% | 10.8% | 11.4% | 11.8% | 11.8% | 12.5% |
| Operating margin | 2.9% | 2.3% | 2.4% | 2.7% | 2.7% | 2.5% | 3.8% | 3.4% | 4.0% | 4.8% |
| EBITDA margin | 3.1% | 2.6% | 2.7% | - | - | 2.9% | - | - | - | - |
| Net margin | 1.3% | 1.0% | 0.9% | 1.5% | 1.7% | 1.1% | 1.9% | 1.6% | 3.3% | 2.9% |
| Free cash flow margin | - | - | -2.9% | - | - | 1.3% | - | - | -1.9% | - |
| FCF / Net income | - | - | -3.27 | - | - | 1.26 | - | - | -0.56 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 7.3% | 7.8% | 7.9% | 7.7% | 8.2% | 7.8% | 7.5% | 8.3% | 7.7% | 7.6% |
| Effective tax rate | 32.9% | 31.3% | 32.6% | 3.4% | -12.5% | 21.1% | 23.2% | 12.9% | 24.0% | 23.1% |
| Return on assets | 0.7% | 0.5% | 0.4% | 0.7% | 0.8% | 0.5% | 1.0% | 0.7% | 1.7% | 1.5% |
| Return on equity | 1.9% | 1.3% | 1.1% | 1.7% | 1.8% | 1.2% | 2.4% | 1.8% | 4.3% | 3.9% |
| Return on invested capital | 1.9% | 1.4% | 1.3% | 2.0% | 1.9% | 1.5% | 2.5% | 2.2% | 2.4% | 3.1% |
| Liquidity | ||||||||||
| Current ratio | 2.01 | 2.07 | 2.36 | 2.43 | 2.44 | 2.25 | 2.32 | 2.33 | 2.54 | 2.53 |
| Quick ratio | 1.05 | 1.07 | 1.12 | 1.16 | 1.13 | 1.07 | 1.10 | 1.05 | 1.20 | 1.24 |
| Cash ratio | 0.04 | 0.05 | 0.04 | 0.05 | 0.05 | 0.06 | 0.07 | 0.05 | 0.06 | 0.07 |
| Leverage | ||||||||||
| Debt / Equity | 0.50 | 0.50 | 0.58 | 0.51 | 0.51 | 0.48 | 0.49 | 0.48 | 0.64 | 0.63 |
| Debt / Assets | 0.18 | 0.19 | 0.23 | 0.21 | 0.21 | 0.19 | 0.20 | 0.20 | 0.25 | 0.24 |
| Debt / EBITDA | 11.14 | 15.16 | 17.60 | - | - | 14.84 | - | - | - | - |
| Interest coverage | 3.3x | 2.4x | 2.4x | 2.5x | 2.3x | 2.0x | 3.2x | 2.6x | 3.6x | 4.4x |
| Equity multiplier | 2.72 | 2.66 | 2.56 | 2.42 | 2.40 | 2.50 | 2.48 | 2.47 | 2.62 | 2.63 |
| Liabilities / Assets | 0.63 | 0.62 | 0.61 | 0.59 | 0.58 | 0.60 | 0.60 | 0.60 | 0.62 | 0.62 |
| Efficiency | ||||||||||
| Asset turnover | 0.53 | 0.48 | 0.48 | 0.47 | 0.45 | 0.44 | 0.51 | 0.46 | 0.50 | 0.52 |
| Inventory turnover | 1.17 | 1.07 | 0.97 | 0.97 | 0.90 | 0.89 | 1.01 | 0.87 | 0.97 | 1.04 |
| Days sales outstanding | 282d | 303d | 279d | 279d | 281d | 298d | 258d | 279d | 270d | 267d |
| Days inventory outstanding | 312d | 342d | 374d | 377d | 407d | 410d | 363d | 421d | 376d | 350d |
| Days payable outstanding | 265d | 280d | 255d | 251d | 256d | 262d | 222d | 243d | 225d | 216d |
| Cash conversion cycle | 330d | 364d | 398d | 405d | 432d | 446d | 399d | 456d | 420d | 401d |
| Valuation | ||||||||||
| P / E | 52.4x | 65.7x | 85.1x | 53.2x | 46.7x | 82.3x | 40.2x | 51.1x | 21.4x | 24.9x |
| P / B | 1.0x | 0.8x | 0.9x | 0.9x | 0.8x | 1.0x | 1.0x | 0.9x | 0.9x | 1.0x |
| P / S | 0.7x | 0.6x | 0.7x | 0.8x | 0.8x | 0.9x | 0.8x | 0.8x | 0.7x | 0.7x |
| EV / EBITDA | 32.5x | 38.4x | 44.1x | - | - | 42.9x | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 33.9% | 11.6% | 5.3% | -8.7% | -6.0% | -11.5% | -7.6% | -13.2% | -6.1% | 0.4% |
| Revenue CAGR (3y) | 3.0% | -2.0% | -4.4% | -1.2% | -6.4% | 0.1% | 10.0% | 4.8% | 10.3% | 14.8% |
| Revenue CAGR (5y) | 7.7% | 6.2% | 4.5% | 4.5% | 4.3% | 3.9% | 6.5% | 3.3% | 6.3% | 6.3% |
| Gross profit growth (YoY) | 25.7% | 11.2% | 1.2% | -15.6% | -12.2% | -18.8% | -9.9% | -17.6% | -2.6% | -0.1% |
| Operating income growth (YoY) | 43.5% | -5.9% | -0.1% | -34.3% | -24.7% | -44.0% | -21.0% | -39.4% | -12.7% | 14.3% |
| Net income growth (YoY) | 7.3% | -29.2% | -12.2% | -26.0% | -1.0% | -71.8% | -51.6% | -52.6% | 13.6% | 2.2% |
| EPS growth (YoY) | 12.9% | -24.2% | -7.6% | -22.7% | 4.1% | -70.7% | -51.3% | -52.2% | 16.6% | 10.3% |
| EPS CAGR (3y) | -17.5% | -34.2% | -31.9% | -12.9% | -18.1% | -15.7% | 88.9% | -3.2% | - | - |
| EPS CAGR (5y) | 1.3% | 31.6% | - | 90.0% | - | 10.5% | 31.1% | 3.7% | 25.6% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | 82.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | -14.8% | - | - | - | - |
| Book value growth (YoY) | 1.4% | -1.5% | -3.8% | 1.7% | -2.1% | 4.5% | 11.2% | 5.0% | 20.0% | 13.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-28.
Business segments
$22.20B totalElectronic Components$20.75B · 93.5%
Premier Farnell$1.45B · 6.5%
Product / service
$20.76B totalSemiconductors$17.00B · 81.9%
IPand E$3.30B · 15.9%
Computer Products$371.80M · 1.8%
Other$85.60M · 0.4%
Geographic
$61.59B totalNon Us$17.18B · 27.9%
Asia$10.49B · 17.0%
EMEA$6.41B · 10.4%
Americas$5.30B · 8.6%
US$5.02B · 8.1%
TW$4.68B · 7.6%
Other Foreign$4.15B · 6.7%
CN$3.52B · 5.7%
DE$2.24B · 3.6%
SG$1.36B · 2.2%
BE$1.23B · 2.0%
Peer comparison
Same SIC group: Wholesale-Electronic Parts & Equipment, NEC
Comparing AVNET INC against the 5 most active filers in the same SIC group.
Dividends
$1.40/share trailing 12 months · +6.1% YoY
| Ex-date | Per share |
|---|---|
| Jun 3, 2026 | $0.3500 |
| Mar 4, 2026 | $0.3500 |
| Dec 3, 2025 | $0.3500 |
| Sep 17, 2025 | $0.3500 |
| Jun 4, 2025 | $0.3300 |
| Mar 5, 2025 | $0.3300 |
| Dec 4, 2024 | $0.3300 |
| Sep 11, 2024 | $0.3300 |
| Jun 5, 2024 | $0.3100 |
| Mar 5, 2024 | $0.3100 |
| Dec 5, 2023 | $0.3100 |
| Sep 12, 2023 | $0.3100 |
| Jun 6, 2023 | $0.2900 |
| Feb 28, 2023 | $0.2900 |
| Dec 6, 2022 | $0.2900 |
| Sep 13, 2022 | $0.2900 |
| Jun 7, 2022 | $0.2600 |
| Mar 1, 2022 | $0.2600 |
| Nov 30, 2021 | $0.2400 |
| Sep 3, 2021 | $0.2400 |
| Jun 8, 2021 | $0.2200 |
| Mar 9, 2021 | $0.2100 |
| Dec 1, 2020 | $0.2100 |
| Sep 8, 2020 | $0.2100 |