Avnet
AVT Nasdaq· Technology Distributors
Last close · Oct 26, 2026
$89.65
KIRA · Stoqly’s AI analyst, in plain words
- Avnet had $27.6B of revenue in fiscal 2026, up 24.5% on the year before. Over five years, revenue changed +7.2% a year on average.
- Its operating margin was 2.6%, up 0.3 pts: of every 100 in sales, about 3 is left after running the business.
- Avnet made $334M of net profit in fiscal 2026. From fiscal 2017 to 2026, diluted EPS grew −0.2% a year.
- Free cash flow was −$355M in fiscal 2026, −1.3% of revenue.
- Avnet returned $253M to shareholders in fiscal 2026. The diluted share count fell 4.6%.
- Avnet owes $2.3B more than it holds in cash, about 2.9 years of operating profit.
Market cap
$7.5B
P/E
—
Revenue
$27.6B
Net income
$334M
Free cash flow
−$355M
Operating margin
2.6%
Avnet in 30 seconds · fiscal 2026
Are sales growing?
+24.5%
Yes. Sales grew 24.5% last year.
Does it make a profit?
1.2%
A little. It keeps 1.2% of every sale as profit.
Does profit turn into cash?
−1.3%
No. It spent more cash than it brought in.
Is debt under control?
2.9x
Keep an eye on it. Repaying its debt would take 2.9 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
What Avnet does
No business description yet.
- Fiscal year ends
- June 27, 2026
- Latest annual report
- 10-K · Aug 14, 2026
- Legal name
- AVNET, INC.
- CIK
- 0000008858
Avnet · AVT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $24.3B | $26.5B | $23.8B | $22.2B | $27.6B |
| Revenue growth | 24.5% | 9.2% | −10.5% | −6.6% | 24.5% |
| Gross margin | 12.2% | 12.0% | 11.6% | 10.7% | 10.4% |
| Operating margin | 3.9% | 4.5% | 3.6% | 2.3% | 2.6% |
| Net income | $692M | $771M | $499M | $240M | $334M |
| Net margin | 2.9% | 2.9% | 2.1% | 1.1% | 1.2% |
| Diluted EPS | $6.94 | $8.26 | $5.43 | $2.75 | $4.01 |
| Cash | |||||
| Cash from operations | −$219M | −$714M | $690M | $725M | −$281M |
| Capital expenditure | $48.9M | $195M | $227M | $148M | $73.6M |
| Free cash flow | −$268M | −$908M | $464M | $577M | −$355M |
| FCF margin | −1.1% | −3.4% | 2.0% | 2.6% | −1.3% |
| Dividends paid | $98.5M | $106M | $112M | $113M | $114M |
| Share buybacks | $184M | $222M | $163M | $304M | $138M |
| Share count change | −0.4% | −6.5% | −1.6% | −4.8% | −4.6% |
| Debt and strength | |||||
| Cash and short-term investments | $154M | $288M | $311M | $192M | $155M |
| Debt incl. finance leases | $1.4B | $3.0B | $2.4B | $2.6B | $2.5B |
| Shareholders' equity | $4.2B | $4.8B | $4.9B | $5.0B | $5.0B |
| Net debt / EBITDA | 1.2x | 2.1x | 2.3x | 4.1x | 2.9x |
| Current ratio | 2.1x | 2.5x | 2.3x | 2.4x | 1.8x |
| Interest coverage | 9.4x | 4.7x | 3.0x | 2.1x | 2.9x |
| Returns and quality | |||||
| Return on capital | 14.8% | 14.4% | 9.2% | 6.8% | 7.0% |
| Return on equity | 16.7% | 17.2% | 10.3% | 4.8% | 6.7% |
| Piotroski F-score | 5 | 3 | 5 | 5 | 5 |
| Altman Z'' | 5.2 | 5.6 | 5.3 | 5.1 | 4.0 |
Insiders bought, 12 months
$0.1M
1 insider
Insiders sold, 12 months
$17.2M
5 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Avnet · AVT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Avnet AVT | $7.5B | 24.5% | 2.6% | −1.3% | 7.0% | — | 5 |
| Arrow Electronics ARW | $11.1B | 10.5% | 2.7% | −0.1% | 7.3% | 13.7x | 6 |
| CDW CDW | $20.8B | 6.8% | 7.4% | 4.9% | 16.4% | 19.6x | 5 |
| TD Synnex SNX | $19.9B | 6.9% | 2.3% | 2.2% | 10.3% | 15.3x | 7 |
| Flex FLEX | $28.8B | 8.1% | 4.9% | 3.8% | 16.3% | 29.7x | 9 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $89.65 a share, the company is worth $7.5B.
Avnet grew sales faster than 4 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0000008858). Data updated October 16, 2026. For information only — not investment advice. Check the original filings before relying on any figure.