Company / Operating Margin
Avnet Operating Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
3.5%
FY2024
5-year range
1.4% / 4.5%
FY2020-FY2024
Trend
-20.6%
vs FY2023
Sector context
#154 of 286
Information Technology
What the data says
At 3.5%, Avnet's operating margin ranks #154 of 286 in the Information Technology sector. Declined from 3.9% to 3.5% over the past 2 years.
Based on SEC 10-K filings.
3.5% in FY2024 with a 5-year CAGR of +3.6%.
Declined from 3.9% to 3.5% over the past 2 years.
Information Technology sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +2.1pp
- 5-Year Change
- +3.6pp
- 10-Year Change
- -
Sector benchmark
#154 of 286 in Information TechnologyTop 54% of 286This company 3.5% Sector average -210.8%
▼
+101.7% above sector average
Key checks
Key Insights
- In FY2024, operating margin decreased 20.6% year-over-year.
- Currently 214.4pp above the Information Technology sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2020.
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 MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 3.5% | -20.6% |
| FY2023 | 4.5% | +15.8% |
| FY2022 | 3.9% | +168.1% |
| FY2021 | 1.4% | +4900.0% |
| FY2020 | -0.0% | +0.0% |
| FY2019 | -0.0% | -101.6% |
| FY2018 | 1.9% | -26.4% |
| FY2017 | 2.5% | -25.7% |
| FY2016 | 3.4% | +15.5% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026