Company / Revenue
Avnet Revenue History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$23.8B
FY2024
5-year range
$19.5B / $26.5B
FY2020-FY2024
Trend
-10.5%
vs FY2023
Sector context
#21 of 295
Information Technology
What the data says
Among 295 Information Technology companies, Avnet is in the top 7% for revenue. Declined from $24.3B to $23.8B over the past 2 years.
Based on SEC 10-K filings.
$23.8B in FY2024 with a 5-year CAGR of +6.1%. Top quartile in the Information Technology sector.
Declined from $24.3B to $23.8B over the past 2 years.
Information Technology sector context is included.
Revenue over time
Growth rates
- 3-Year CAGR
- +6.7%
- 5-Year CAGR
- +6.1%
- 10-Year CAGR
- -
Sector benchmark
Top 7% in Information TechnologyTop 7% of 295This company $23.8B Sector average $7.7B
▼
+207.8% above sector average
Key checks
Key Insights
- 5-year CAGR of +6.1%, indicating consistent growth.
- In FY2024, revenue decreased 10.5% year-over-year.
- Ranks #21 out of 295 companies in the Information Technology sector.
- Peak revenue 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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $23.8B | -10.5% |
| FY2023 | $26.5B | +9.2% |
| FY2022 | $24.3B | +24.4% |
| FY2021 | $19.5B | +10.8% |
| FY2020 | $17.6B | +0.0% |
| FY2019 | $17.6B | -9.7% |
| FY2018 | $19.5B | +11.9% |
| FY2017 | $17.4B | +4.2% |
| FY2016 | $16.7B | -40.1% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026