Company / Interest Expense
Avnet Interest Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$282.9M
FY2024
5-year range
$89.5M / $282.9M
FY2020-FY2024
Trend
+12.8%
vs FY2023
Sector context
#14 of 90
Information Technology
What the data says
Avnet's interest expense of $283M is higher than 84% of companies in the Information Technology sector (FY2024). Interest Expense has increased for 3 consecutive years, from $89M in FY2021 to $283M in FY2024.
Based on SEC 10-K filings.
$283M in FY2024 with a 5-year CAGR of +18.2%. Top quartile in the Information Technology sector.
Increased from $100M to $283M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +46.8%
- 5-Year CAGR
- +18.2%
- 10-Year CAGR
- -
Sector benchmark
+66.2% above sector average
Key checks
Key Insights
- Avnet's interest expense has grown for 3 consecutive years.
- 5-year CAGR of +18.2%, indicating consistent growth.
- In FY2024, interest expense increased 12.8% year-over-year.
- Ranks #14 out of 90 companies in the Information Technology sector.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $282.9M | +12.8% |
| FY2023 | $250.9M | +149.9% |
| FY2022 | $100.4M | +12.2% |
| FY2021 | $89.5M | -27.1% |
| FY2020 | $122.7M | +0.0% |
| FY2019 | $122.7M | -9.0% |
| FY2018 | $134.9M | +35.4% |
| FY2017 | $99.6M | +8.3% |
| FY2016 | $91.9M | -3.9% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026