Avnet Inc (AVT)

Avnet, Inc., engages in the distribution of electronic component technology in the Americas, Europe, the Middle East, Africa, and Asia/Pacific. The company operates through two segments, Electronic Components and Farnell. It markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated and embedded components from electronic component manufacturers. The company also offers design support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions which provides support, warehousing, and logistics services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, it provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions, as well as embedded display solutions comprising touch and passive displays; and develops and produces standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. The company serves various markets, such as engineering, product prototyping, integration, and other value-added services in the medical, telecommunications, industrial, and digital editing. Further, it distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. The company was founded in 1921 and is headquartered in Phoenix, Arizona.

Symbol
AVT
Exchange
Nasdaq
Sector
Technology
Industry
Electronics & Computer Distribution
Market cap
$8.31B
52 week range
44.25 - 102.7

Valuation

Share price
$101.15 (close of 2026-09-23)
P/E (TTM)
24.85x
Price to book
1.65x
Price to free cash flow
-23.44x
Enterprise value
$11.63B
Book value per share
$61.13

Price performance

PeriodChange
1 day+5.94%
5 days+9.19%
1 month+14.11%
3 months+12.89%
6 months+69.35%
Year to date+110.38%
1 year+90.81%
3 years+112.10%
5 years+171.47%
10 years+150.06%
All time+4907.42%

Profitability and growth

Return on equity
6.66%
Return on invested capital
7.09%
Return on assets
2.17%
Return on capital employed
9.15%
Gross margin
10.43%
Net margin
1.21%
EBITDA margin
2.90%
Revenue growth
24.47%
Net income growth
39.20%
Free cash flow growth
-161.43%

Cash flow and balance sheet

Free cash flow yield (TTM)
-4.27%
Current ratio
1.78x
Net debt to EBITDA
3.89x

Latest reported year

Period end
2026-06-27
Fiscal year
2026
Revenue
$27.63B
Cost of revenue
$24.75B
Gross profit
$2.88B
EBITDA
$801.57M
Net income
$334.39M
Earnings per share
$4.07
Shares outstanding
82.16M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-06-27$27.63B$2.88B$334.39M$4.07
2025-06-28$22.20B$2.38B$240.22M$2.78
2024-06-29$23.76B$2.77B$498.70M$5.51
2023-07-01$26.54B$3.18B$770.83M$8.37
2022-07-02$24.31B$2.97B$692.38M$7.02
2021-07-03$19.53B$2.24B$193.11M$1.95
2020-06-27$17.63B$2.06B$-31.08M$-0.31
2019-06-29$19.52B$2.49B$176.34M$1.61
2018-06-30$19.04B$2.53B$-156.42M$-1.30
2017-07-01$17.44B$2.37B$525.28M$4.13

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-06-2710.43%1.21%6.66%7.09%
2025-06-2810.74%1.08%4.79%6.55%
2024-06-2911.64%2.10%10.12%9.18%
2023-07-0111.99%2.90%16.22%12.55%
2022-07-0212.20%2.85%16.51%13.52%
2021-07-0311.47%0.99%4.73%5.21%
2020-06-2711.70%-0.18%-0.83%-0.05%
2019-06-2912.74%0.90%4.26%5.75%
2018-06-3013.28%-0.82%-3.34%1.83%
2017-07-0113.59%3.01%10.14%6.48%

Cash and debt by year

Period endCashDebt
2026-06-27$155.40M$2.48B
2025-06-28$192.43M$2.57B
2024-06-29$310.94M$2.41B
2023-07-01$288.23M$2.99B
2022-07-02$153.69M$1.44B
2021-07-03$199.69M$1.19B
2020-06-27$477.04M$1.42B
2019-06-29$546.11M$1.42B
2018-06-30$621.13M$1.49B
2017-07-01$836.38M$1.73B

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-06-27$-354.50M$48.69M
2025-06-28$577.03M$36.40M
2024-06-29$463.51M$33.50M
2023-07-01$-908.38M$38.78M
2022-07-02$-268.21M$36.74M
2021-07-03$40.59M$29.34M
2020-06-27$656.67M$26.83M
2019-06-29$412.08M$30.10M
2018-06-30$97.61M$23.99M
2017-07-01$-489.09M$47.69M

Dividend history

Most recent payment
2026-09-09
Paid in the last twelve months
$1.42
Payment dateDividend per share
2026-09-09$0.37
2026-06-03$0.35
2026-03-04$0.35
2025-12-03$0.35
2025-09-17$0.35
2025-06-04$0.33
2025-03-05$0.33
2024-12-04$0.33

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$2.86

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$1.76
2026-04-29--
2026-01-28--
2025-10-29--
2025-08-06--
2025-04-30--
2025-01-29--
2024-10-30--

Filings and sources

Company website
avnet.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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