Avnet (AVT) | Financial Analysis & Statements

Avnet Inc. | Mid-cap | Technology

$56.26

2.03%

Avnet vs TD Synnex Avnet vs Arrow Electronics Avnet vs Insight Enterprises Avnet vs Pc Connection Avnet vs ScanSource Avnet vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 23.8B

Gross Profit 2.8B 11.64%

Operating Income 896.9M 3.78%

Net Income 498.7M 2.10%

EPS (Diluted) $5.43

Balance Sheet Metrics

Total Assets 12.2B

Total Liabilities 7.3B

Shareholders Equity 4.9B

Debt to Equity 1.48

Cash Flow Metrics

Operating Cash Flow 948.3M

Free Cash Flow 463.5M

Revenue & Profitability Trend

Interactive Financial Charts Not Available

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Available Financial Data:

Income statements (annual and quarterly)
Balance sheets with asset and liability details
Cash flow statements and free cash flow analysis
Key financial ratios and performance metrics
Peer comparison and industry benchmarking

All financial data is displayed in accessible table format below. Use the table headers and structure to analyze trends and compare metrics across different periods.

Avnet Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	23.8B	26.5B	24.3B	19.5B	17.6B
Cost of Goods Sold	21.0B	23.4B	21.3B	17.3B	15.6B
Gross Profit	2.8B	3.2B	3.0B	2.2B	2.1B
Operating Expenses	1.9B	2.0B	2.0B	1.9B	1.8B
Operating Income	896.9M	1.2B	970.5M	365.8M	221.3M
Pre-tax Income	632.3M	982.9M	833.3M	172.9M	-129.6M
Income Tax	133.6M	212.0M	141.0M	-20.2M	-98.5M
Net Income	498.7M	770.8M	692.4M	193.1M	-31.1M
EPS (Diluted)	$5.43	$8.26	$6.94	$1.93	-$0.31

Income Statement Trend

Avnet Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	10.4B	10.8B	8.9B	7.2B	6.3B
Non-Current Assets	1.8B	1.7B	1.5B	1.8B	1.8B
Total Assets	12.2B	12.5B	10.4B	8.9B	8.1B
Liabilities
Current Liabilities	4.5B	4.2B	4.3B	3.1B	2.3B
Non-Current Liabilities	2.8B	3.5B	1.9B	1.8B	2.1B
Total Liabilities	7.3B	7.7B	6.2B	4.8B	4.4B
Equity
Total Shareholders Equity	4.9B	4.8B	4.2B	4.1B	3.7B

Balance Sheet Composition

Avnet Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	498.7M	770.8M	692.4M	193.1M	-31.1M
Operating Cash Flow	948.3M	-742.5M	-353.8M	44.9M	617.0M
Investing Activities
Capital Expenditures	-226.5M	-194.7M	-48.9M	-50.4M	-73.5M
Investing Cash Flow	-225.5M	-211.6M	51.3M	-61.2M	-186.5M
Financing Activities
Dividends Paid	-112.0M	-106.3M	-98.5M	-84.3M	-84.0M
Financing Cash Flow	-433.8M	1.7B	391.1M	-314.0M	-644.6M
Free Cash Flow	463.5M	-908.4M	-268.2M	40.6M	656.7M

Cash Flow Trend

Avnet Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 14.32

Forward P/E 8.76

Price to Book 0.89

Price to Sales 0.19

PEG Ratio 8.76

Profitability Ratios

Profit Margin 1.43%

Operating Margin 2.92%

Return on Equity 6.42%

Return on Assets 3.61%

Financial Health

Current Ratio 2.44

Debt to Equity 57.98

Beta 1.04

Per Share Data

EPS (TTM) $3.56

Book Value per Share $57.52

Revenue per Share $252.35

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
avt	4.3B	14.32	0.89	6.42%	1.43%	57.98
TD Synnex	10.7B	15.95	1.32	8.48%	1.16%	53.76
Arrow Electronics	6.5B	17.33	1.10	6.63%	1.40%	47.41
Insight Enterprises	4.3B	26.51	2.68	11.37%	2.26%	76.80
Pc Connection	1.7B	19.97	1.93	10.11%	3.05%	0.35
ScanSource	936.4M	14.91	1.05	7.32%	2.27%	16.62

Financial data is updated regularly. All figures are in the company's reporting currency.