NASDAQ · WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC · LARGE CAP
Avnet, Inc. AVT
16 fiscal years on record · USD · FY2024 reported
SEC FILINGS ONLY
Revenue · FY2024
$22.2B
▼ 6.6% vs FY2023
Dividend streak
2 yrs
Raised every year since 2023
EPS · FY24
$2.75
Dividend / sh · FY24
$1.32
Payout · FY24
47%
ROE · FY24
4.8%
Net margin · FY24
1.1%
Dividend coverage
2.1×
Advertisement
AdSense · Leaderboard 728×90320×100
Result
USD 22.2B
Revenue, FY2024 · full 16-year series below
Revenue
Net income
1 cents of every revenue dollar became profit this year.
Per share
USD 2.75
Diluted EPS, FY2024
EPS
Dividend
Earnings covered the dividend 2.1 times — the rest stayed in the company.
Profitability
4.8%
Return on equity, FY2024
ROE
Operating margin2.3%
Net margin1.1%
Return on assets2.0%
Each USD of equity produced 5 cents of profit this year.
Returned to shareholders
USD 416.8M
returned in FY2024 · dividends + net buybacks
Dividends paidUSD 113.3M
Net buybacksUSD 303.5M
Share of profit173.5%
Consecutive raises2 years
USD 113.3M in dividends and USD 303.5M in buybacks — 174% of the year's profit, so the payout drew on cash built up earlier.
Growth
+4.7% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+4.7%
+2.3%
+1.0%
Net income
−8.3%
−3.5%
EPS, diluted
−4.0%
+0.2%
Dividend / share
+9.5%
+7.5%
Returned to shareholders
+5.4%
+5.4%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
—
Shares outstanding, FY2024
Change, 5 years—
Change, 10 years—
A share split breaks the comparison across the period, so we leave it out.
Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
USD 12.1B
total assets, end of FY2024
Total assetsUSD 12.1B
EquityUSD 5.0B
CashUSD 192.4M
Gross debtUSD 2.7B
Net debtUSD 2.5B
Current ratio2.43×
Net debt stands at 49% of equity.
History
16 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2024
2023
2022
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2009
2008
2007
Revenue $B
22.2
23.8
26.5
19.5
17.6
19.5
19.0
17.4
16.7
17.7
27.5
25.5
25.7
19.2
16.2
18.0
Operating income $B
0.5
0.8
1.2
0.3
−0.0
0.4
0.2
0.4
0.6
0.7
0.8
0.6
0.9
0.6
−1.0
0.7
EBITDA $B
·
·
·
·
·
·
·
·
·
·
0.9
0.7
1.0
0.7
−1.0
0.8
Income tax $B
0.0
0.1
0.2
−0.0
−0.1
0.1
0.3
0.0
0.1
0.1
0.2
0.1
0.2
0.2
0.0
0.2
Net income $B
0.2
0.5
0.8
0.2
−0.0
0.2
−0.2
0.5
0.5
0.6
0.5
0.5
0.6
0.4
−1.1
0.5
EPS, diluted $
2.75
5.43
8.26
1.93
−0.31
1.59
−1.30
4.08
3.80
4.12
3.89
3.21
3.79
2.68
−7.49
3.21
Dividend / sh $
1.32
1.24
1.16
0.85
0.84
0.80
0.74
0.70
0.68
0.64
0.60
0.00
0.00
·
·
·
Payout %
47
22
14
44
−270
49
−56
17
17
15
15
0
0
·
·
·
ROE %
4.8
10.9
18.4
4.9
−0.8
4.0
−3.2
10.6
10.8
11.9
11.9
11.0
14.5
14.2
−32.7
11.8
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
60 of 62
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 2 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed