Sign in

AVNET INC

AVT· Nasdaq· Wholesale-Electronic Parts & Equipment, NEC

Market cap
–
P/FCF
–
EV/Sales
–
FCF margin
-1.3%
ROIC, 5 yr avg
10.0%
Revenue, 5 yr CAGR
+7.2%
We record prices for the companies we cover; AVT is not one of them yet.

Company statistics

From the 10-Ks, computed in code · point at a figure for its formula

Profile · FY2026

Market cap
–
Enterprise value
–
Diluted shares
83.4M
Revenue
$27.6B
Free cash flow
-$354.5M
Owner earnings
-$403.2M

Valuation · FY2026

P/E
–
P/FCF
–
P/Owner earnings
–
EV/Sales
–
EV/FCF
–
P/B
–

Margins · FY2026

Gross
10.4%
Operating
2.6%
Net
1.2%
Free cash flow
-1.3%
Owner earnings
-1.5%
Stock pay
0.2%

Returns

ROIC, FY2026
7.1%
ROIC, 5 yr avg
10.0%
ROE, FY2026
6.7%
ROE, 5 yr avg
10.9%

Growth (CAGR)

Revenue, 3 yr
1.4%
Revenue, 5 yr
7.2%
Revenue, 9 yr
5.2%
Diluted EPS, 3 yr
-21.4%
Diluted EPS, 5 yr
15.7%
Diluted EPS, 9 yr
-0.2%
Free cash flow, 3 yr
–
Free cash flow, 5 yr
–
Free cash flow, 9 yr
–

Financial health · FY2026

Cash and investments
$155.4M
Total debt
$2.5B
Net debt
$2.3B
Debt/Equity
0.5x
Debt/FCF
–

Shareholder returns · FY2026

Dividend yield
–
Payout ratio
34.2%
Buyback yield
–
Shareholder yield
–
Share count, 5 yr
-3.6%

Financials: ten years from the 10-Ks

Reported numbers open their filing · computed ones show the formula · ˢ split-adjusted

Revenue

$27.6B

+5.2% a year over 9 years

FY2017: Revenue $17.4BFY2018: Revenue $19.0BFY2019: Revenue $19.5BFY2020: Revenue $17.6BFY2021: Revenue $19.5BFY2022: Revenue $24.3BFY2023: Revenue $26.5BFY2024: Revenue $23.8BFY2025: Revenue $22.2BFY2026: Revenue $27.6B
FY2017FY2026

Margins

Gross10.4%Operating2.6%Net1.2%

FY2026

FY2017: Gross 13.6%, Operating 2.5%, Net 3.0%FY2018: Gross 13.3%, Operating 1.1%, Net -0.8%FY2019: Gross 12.7%, Operating 1.9%, Net 0.9%FY2020: Gross 11.7%, Operating 0.0%, Net -0.2%FY2021: Gross 11.5%, Operating 1.4%, Net 1.0%FY2022: Gross 12.2%, Operating 3.9%, Net 2.8%FY2023: Gross 12.0%, Operating 4.5%, Net 2.9%FY2024: Gross 11.6%, Operating 3.6%, Net 2.1%FY2025: Gross 10.7%, Operating 2.3%, Net 1.1%FY2026: Gross 10.4%, Operating 2.6%, Net 1.2%
FY2017FY2026

Free cash flow and owner earnings

Free cash flow-$354.5MOwner earnings-$403.2M

FY2026

FY2017: Free cash flow -$489.1M, Owner earnings -$536.8MFY2018: Free cash flow $97.6M, Owner earnings $73.6MFY2019: Free cash flow $412.1M, Owner earnings $382.0MFY2020: Free cash flow $656.7M, Owner earnings $629.8MFY2021: Free cash flow $40.6M, Owner earnings $11.2MFY2022: Free cash flow -$268.2M, Owner earnings -$304.9MFY2023: Free cash flow -$908.4M, Owner earnings -$947.2MFY2024: Free cash flow $463.5M, Owner earnings $430.0MFY2025: Free cash flow $577.0M, Owner earnings $540.6MFY2026: Free cash flow -$354.5M, Owner earnings -$403.2M
FY2017FY2026

Diluted shares

83.4M

-35.2% over 9 years, net buybacks

FY2017: Diluted shares 128.7MFY2018: Diluted shares 119.9MFY2019: Diluted shares 110.8MFY2020: Diluted shares 100.5MFY2021: Diluted shares 100.2MFY2022: Diluted shares 99.8MFY2023: Diluted shares 93.4MFY2024: Diluted shares 91.8MFY2025: Diluted shares 87.4MFY2026: Diluted shares 83.4M
FY2017FY2026

Return on invested capital

7.1%

FY2026

FY2017: ROIC 6.2%FY2018: ROIC –FY2019: ROIC 5.4%FY2020: ROIC –FY2021: ROIC –FY2022: ROIC 14.2%FY2023: ROIC 12.5%FY2024: ROIC 9.5%FY2025: ROIC 6.7%FY2026: ROIC 7.1%
FY2017FY2026

Net debt (below zero)

-$2.3B

$2.3B more debt than cash

FY2017: Net cash -$892.8MFY2018: Net cash -$868.1MFY2019: Net cash -$873.8MFY2020: Net cash -$947.8MFY2021: Net cash -$991.6MFY2022: Net cash -$1.3BFY2023: Net cash -$2.7BFY2024: Net cash -$2.1BFY2025: Net cash -$2.4BFY2026: Net cash -$2.3B
FY2017FY2026

Every figure, year by year

Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
The business
Revenue$17.4B$19.0B$19.5B$17.6B$19.5B$24.3B$26.5B$23.8B$22.2B$27.6B
Revenue growth4.2%9.2%2.5%-9.7%10.8%24.4%9.2%-10.5%-6.6%24.5%
Gross margin13.6%13.3%12.7%11.7%11.5%12.2%12.0%11.6%10.7%10.4%
Operating margin2.5%1.1%1.9%0.0%1.4%3.9%4.5%3.6%2.3%2.6%
Net income$525.3M-$156.4M$176.3M-$31.1M$193.1M$692.4M$770.8M$498.7M$240.2M$334.4M
Net margin3.0%-0.8%0.9%-0.2%1.0%2.8%2.9%2.1%1.1%1.2%
Diluted EPS$4.08$-1.30$1.59$-0.31$1.93$6.94$8.26$5.43$2.75$4.01
Return on invested capital?6.2%–5.4%––14.2%12.5%9.5%6.7%7.1%
Cash
Operating cash flow-$368.7M$253.5M$534.8M$730.2M$90.9M-$219.3M-$713.7M$690.0M$724.5M-$280.9M
Capital expenditure$120.4M$155.9M$122.7M$73.5M$50.4M$48.9M$194.7M$226.5M$147.5M$73.6M
Free cash flow-$489.1M$97.6M$412.1M$656.7M$40.6M-$268.2M-$908.4M$463.5M$577.0M-$354.5M
Stock-based compensation$47.7M$24.0M$30.1M$26.8M$29.3M$36.7M$38.8M$33.5M$36.4M$48.7M
Owner earnings?-$536.8M$73.6M$382.0M$629.8M$11.2M-$304.9M-$947.2M$430.0M$540.6M-$403.2M
Free cash flow per share$-3.80$0.81$3.72$6.54$0.41$-2.69$-9.73$5.05$6.60$-4.25
Capital allocation
Dividends paid$88.7M$88.3M$87.2M$84.0M$84.3M$98.5M$106.3M$112.0M$113.3M$114.4M
Share repurchases$275.9M$323.5M$568.7M$237.8M–$184.4M$221.7M$162.7M$303.5M$138.3M
Diluted shares128.7M119.9M110.8M100.5M100.2M99.8M93.4M91.8M87.4M83.4M
Share count change?-3.4%-6.8%-7.6%-9.3%-0.3%-0.3%-6.5%-1.6%-4.8%-4.6%
Balance sheet
Cash and equivalents$836.4M$621.1M$546.1M$477.0M$199.7M$153.7M$288.2M$310.9M$192.4M$155.4M
Short-term investments––––––––––
Total debt$1.7B$1.5B$1.4B$1.4B$1.2B$1.4B$3.0B$2.4B$2.6B$2.5B
Net debt$892.8M$868.1M$873.8M$947.8M$991.6M$1.3B$2.7B$2.1B$2.4B$2.3B
Shareholders' equity$5.2B$4.7B$4.1B$3.7B$4.1B$4.2B$4.8B$4.9B$5.0B$5.0B

Latest filings

All on EDGAR
2026-10-06DEF 14AProxy statement
2026-08-1410-KAnnual report
2026-08-058-KEarnings release
2026-05-0110-QQuarterly report
2026-04-298-KEarnings release
2026-01-3010-QQuarterly report
2026-01-288-KEarnings release
2025-10-3110-QQuarterly report
2025-10-298-KEarnings release
2025-10-07DEF 14AProxy statement

More from our coverage

All coverage