AVT
AVNET INC
Next earnings Aug 4, 2026 (after close) · consensus $1.79 EPS, $7.59B rev
Last earnings +4.2% on 2026-04-29
$86.37
▼ -4.89%$86.37▲ +70.90%
over 1Y
L $43.64EODHDH $92.93
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-4.9%
1W-6.6%
1M-0.4%
3M+45.1%
YTD+76.7%
1Y+70.9%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 12 analysts
Hold
Electronics distributor in a cyclical trough — earnings halved — but cash-generative, buying back stock, and cheap on sales.
Revenue $22.2B · FY2025
The read
Middling fundamentals and a rich price (~77% above fair value) leave little margin of safety — a wait-and-see.
Avnet is a global distributor of electronic components, a thin-margin, high-turnover business now working through a semiconductor inventory and demand downcycle. FY2025 revenue fell 6.6% to $22.2B, gross profit dropped 13.8% to $2.38B, and net income was cut nearly in half to $240M (EPS $2.75, -49.4%). The margin profile is inherently slim — 10.7% gross, 2.3% operating, 1.1% net — and the cyclical reset has compressed it further, pulling ROE down to 4.8%. The five-year history shows how much the cycle matters: net income ranged from $193M (FY2021) to $771M (FY2023), so FY2025 sits near the lower end.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $19.5B | $24.3B | $26.5B | $23.8B | $22.2B |
| Gross profit | $2.24B | $2.97B | $3.18B | $2.77B | $2.38B |
| Operating income | $281M | $939M | $1.19B | $844M | $514M |
| Net income | $193M | $692M | $771M | $499M | $240M |
| Diluted EPS | $1.93 | $6.94 | $8.26 | $5.43 | $2.75 |
| Net margin | 1.0% | 2.8% | 2.9% | 2.1% | 1.1% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$9.68B
EV / EBITDA16.5
EV / Sales0.4
EV / FCF16.8
P / FCF12.5
PEG (trailing)—
Earnings yield3.3%
FCF yield8.0%
Quality & risk
ROIC (est.)5.3%
Free cash flow$577M
Total debt$2.66B
Net cash-$2.47B
Altman Z-Score3.56 safe
Piotroski F-Score5/9
Capital returns
Buyback yield4.2%
Dividend yield (est.)1.6%
Shareholder yield5.8%
Shares Δ YoY-5.3%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗4Period ending 2026-06-172026-06-22open ↗4Period ending 2026-06-172026-06-22open ↗4Period ending 2026-06-172026-06-22open ↗4Period ending 2026-06-172026-06-22open ↗4Period ending 2026-06-172026-06-22open ↗4Period ending 2026-06-172026-06-22open ↗SDFiling2026-05-29open ↗4Period ending 2026-05-222026-05-26open ↗144Filing2026-05-22open ↗4Period ending 2026-05-052026-05-06open ↗144Filing2026-05-05open ↗10-QPeriod ending 2026-03-282026-05-01open ↗
Frequently asked
- Is AVNET INC (AVT) a buy?
- AVT currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Electronics distributor in a cyclical trough — earnings halved — but cash-generative, buying back stock, and cheap on sales.
- What is AVT's fair value?
- A Modified-Graham model based on AVT's SEC fundamentals estimates a fair value of about $19.99. It is an estimate from reported earnings, not a price target.
- Is AVT overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, AVT currently appears overvalued relative to its SEC-grounded earnings power.
- What is AVNET INC's quality score?
- AVT scores 55.43137254901961/100 (grade C) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000008858, latest 10-Q filed 2026-05-01) · EODHD · analysis by claude-code · as of 6/21/2026, 8:53:33 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.