Avnet Income Statement
AVT / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Revenue has declined at a 0.8% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $23.8B | $26.5B | $24.3B | $19.5B | $17.6B | $17.6B | $19.5B | $17.4B | $16.7B | $27.9B | $17.7B | $27.5B | $25.5B | $26.5B |
| Cost of Revenue | - | $21.0B | $23.4B | $21.3B | $17.3B | $15.6B | $15.6B | $17.0B | $15.1B | $14.7B | $24.7B | $15.4B | $24.3B | $22.5B | $23.4B |
| Gross Profit | - | $2.8B | $3.2B | $3.0B | $2.2B | $2.1B | $2.1B | $2.5B | $2.4B | $2.1B | $3.2B | $2.2B | $3.2B | $3.0B | $3.1B |
| SG&A Expense | - | $1.9B | $2.0B | $2.0B | $1.9B | $1.8B | $1.8B | $1.9B | $1.8B | $1.5B | $2.3B | $1.5B | $2.3B | $2.2B | $2.1B |
| Operating Income | - | $844.4M | $1.2B | $939.0M | $281.4M | -$4.6M | -$4.6M | $365.9M | $443.7M | $572.9M | $827.7M | $653.1M | $789.9M | $626.0M | $930.0M |
| Interest Expense | - | $282.9M | $250.9M | $100.4M | $89.5M | $122.7M | $122.7M | $134.9M | $99.6M | $91.9M | $95.7M | $87.1M | $104.8M | $107.7M | $92.5M |
| Income Tax | - | $133.6M | $212.0M | $141.0M | -$20.2M | -$98.5M | -$98.5M | $60.3M | $47.1M | $87.1M | $141.1M | $86.1M | $155.5M | $99.2M | $201.9M |
| Net Income | - | $498.7M | $770.8M | $692.4M | $193.1M | -$31.1M | -$31.1M | $176.3M | $525.3M | $506.5M | - | - | $545.6M | $567.0M | $669.1M |
| EPS (Basic) | $8.37 | $7.02 | $1.95 | -$0.31 | $1.61 | -$1.30 | $4.13 | $3.87 | $4.18 | $3.95 | $3.26 | $3.85 | $4.39 | $2.71 | $4.39 |
| EPS (Diluted) | $8.26 | $6.94 | $1.93 | -$0.31 | $1.59 | -$1.30 | $4.08 | $3.80 | $4.12 | $3.89 | $3.21 | $3.79 | $4.34 | $2.68 | $4.34 |
| Shares Outstanding | 93.4M | 99.8M | 100.2M | 100.5M | 110.8M | 119.9M | 128.7M | 133.2M | 138.8M | 140.1M | 140.0M | 149.6M | 154.3M | 153.1M | 154.3M |
| Gross Margin | - | 11.6% | 12.0% | 12.2% | 11.5% | 11.7% | 11.7% | 12.7% | 13.6% | 12.4% | 11.4% | 12.5% | 11.7% | 11.7% | 11.7% |
| Operating Margin | - | 3.5% | 4.5% | 3.9% | 1.4% | -0.0% | -0.0% | 1.9% | 2.5% | 3.4% | 3.0% | 3.7% | 2.9% | 2.5% | 3.5% |
| Profit Margin | - | 2.1% | 2.9% | 2.9% | 1.0% | -0.2% | -0.2% | 0.9% | 3.0% | 3.0% | - | - | 2.0% | 2.2% | 2.5% |