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MARKETS / NASDAQ / AVT
NASDAQ · WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC · LARGE CAP

Avnet Inc. AVT

17 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$27.6B
▲ 24.5% YoY
$334.4M
▲ 39.2% YoY
$-354.5M
▼ 161.4% YoY
In brief

What this company does

Avnet, Inc. and its consolidated subsidiaries distribute electronic component technology, working with manufacturers across every major electronic component segment. The Company serves customers in more than 140 countries. As of June 28, 2025, the Company had a global workforce of approximately 14,869 employees across 48 countries. Avnet is organized into two primary operating groups: Electronic Components and Farnell. The EC operating group markets, sells and distributes electronic components, including semiconductors and interconnect, passive and electromechanical components, sourced from electronic component manufacturers. The Farnell operating group distributes a portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to engineers and entrepreneurs, primarily through an e-commerce channel. The Company was founded in 1921.

Written from the business description in AVNET, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 15 August 2025. Every sentence was checked against that document before publication.

Growth
USD 27.6B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 27.6 · Net income 0.3
10B20B200720092012201420162018202020232025
Compound annual growth
+1.4%
+7.2%
+5.1%
−24.3%
+11.6%
−4.1%
−21.4%
+15.7%
+0.5%
+6.5%
+10.5%
+7.5%
−7.8%
+24.5%
−6.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.2% a year over five years — but profit grew faster: net income at +11.6%, earnings per share at +15.7%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 2.6% · Net 1.2%
2%4%-2%-4%-6%200720092012201420162018202020232025
ROE
FY2025 · ROE 6.7%
5%10%15%-10%-20%-30%200720092012201420162018202020232025

Each USD of equity produced 7 cents of profit this year.

Cash & shareholders
USD 252.7M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF -0.4
0.4B0.8B-0.4B-0.8B200720092012201420162018202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends 114.4 · Net buybacks 138.3
250.0M500.0MDividendsNet buybacks20092012201420162018202020232025

USD 114.4M in dividends and USD 138.3M in buybacks — 76% of the year's profit went back to shareholders.

Total assetsUSD 15.4B
EquityUSD 5.0B
CashUSD 155.4M
Gross debtUSD 3.2B
Net debtUSD 3.1B
Current ratio1.78×

Net debt stands at 61% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222020201920182017201620152014201320122011200920082007
Revenue $B27.622.223.826.519.517.619.519.017.416.717.727.525.525.719.216.218.0
Operating income $B0.70.50.81.20.3−0.00.40.20.40.60.70.80.60.90.6−1.00.7
EBITDA $B···········0.90.71.00.7−1.00.8
Income tax $B0.10.00.10.2−0.0−0.10.10.30.00.10.10.20.10.20.20.00.2
Net income $B0.30.20.50.80.2−0.00.2−0.20.50.50.60.50.50.60.4−1.10.5
Free cash flow $B−0.40.60.5−0.90.00.70.40.1−0.50.10.50.10.60.4−0.11.00.4
EPS, diluted $4.012.755.438.261.93−0.311.59−1.304.083.804.123.893.213.792.68−7.493.21
Dividend / sh $1.401.321.241.160.850.840.800.740.700.680.640.600.000.00···
Payout %3447221444−27049−561717151500···
ROE %6.74.810.316.24.9−0.84.0−3.210.610.811.911.911.014.514.2−32.711.8

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 2 failures in 83 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente2 failures
ActivityWholesale-Electronic Parts & Equipment, NEC
Listed onNASDAQ
Incorporated inNew York
Fiscal year endsJuly 3
Data on record since2007

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