Company / Gross Profit
Avnet Gross Profit History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$2.8B
FY2024
5-year range
$2.2B / $3.2B
FY2020-FY2024
Trend
-13.1%
vs FY2023
Sector context
#39 of 237
Information Technology
What the data says
Avnet's gross profit of $2.8B is higher than 84% of companies in the Information Technology sector (FY2024). Declined from $3.0B to $2.8B over the past 2 years.
Based on SEC 10-K filings.
$2.8B in FY2024 with a 5-year CAGR of +6.0%. Top quartile in the Information Technology sector.
Declined from $3.0B to $2.8B over the past 2 years.
Information Technology sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- +7.3%
- 5-Year CAGR
- +6.0%
- 10-Year CAGR
- -
Sector benchmark
Top 16% in Information TechnologyTop 16% of 237This company $2.8B Sector average $3.9B
▼
-29.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +6.0%, indicating consistent growth.
- In FY2024, gross profit decreased 13.1% year-over-year.
- Ranks #39 out of 237 companies in the Information Technology sector.
- Peak gross profit was recorded in FY2023.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.88 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $2.8B | -13.1% |
| FY2023 | $3.2B | +7.3% |
| FY2022 | $3.0B | +32.3% |
| FY2021 | $2.2B | +8.6% |
| FY2020 | $2.1B | +0.0% |
| FY2019 | $2.1B | -17.0% |
| FY2018 | $2.5B | +4.9% |
| FY2017 | $2.4B | +14.0% |
| FY2016 | $2.1B | -34.9% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026