Company / Operating Income
Avnet Operating Income History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$844.4M
FY2024
5-year range
$281.4M / $1.2B
FY2020-FY2024
Trend
-28.9%
vs FY2023
Sector context
#53 of 301
Information Technology
What the data says
Avnet's operating income of $844M is higher than 82% of companies in the Information Technology sector (FY2024). Declined from $939M to $844M over the past 2 years.
Based on SEC 10-K filings.
$844M in FY2024 with a 3-year CAGR of +44.2%. Top quartile in the Information Technology sector.
Declined from $939M to $844M over the past 2 years.
Information Technology sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +44.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 18% in Information TechnologyTop 18% of 301This company $844.4M Sector average $1.5B
▼
-43.6% below sector average
Key checks
Key Insights
- 3-year CAGR of +44.2%, indicating consistent growth.
- In FY2024, operating income decreased 28.9% year-over-year.
- Ranks #53 out of 301 companies in the Information Technology sector.
- Peak operating income 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $844.4M | -28.9% |
| FY2023 | $1.2B | +26.4% |
| FY2022 | $939.0M | +233.7% |
| FY2021 | $281.4M | +6180.6% |
| FY2020 | -$4.6M | +0.0% |
| FY2019 | -$4.6M | -101.3% |
| FY2018 | $365.9M | -17.5% |
| FY2017 | $443.7M | -22.6% |
| FY2016 | $572.9M | -30.8% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026