Avnet, Inc. logo

Avnet, Inc. (AVT)

Common Stock · Currency in USD · XNAS

Avnet Inc is an electronic component technology distributor and solutions provider. It serves customers from startups and mid-sized businesses to enterprise-level original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and original design manufacturers (ODMs). The group operates in the Electronic Components segment and supports high and medium-volume customers to markets, sells, and distributes electronic components, and the Farnell segment supports lower-volume customers that need electronic components quickly to develop, prototype, and test their products. Its geographic regions are the Americas, EMEA, and Asia.

Company Info

SIC5065
Composite FIGIBBG000BCPB71
CIK0000008858
IPODec 30, 1960
Sectorwholesale-electronic parts & equipment, nec

Highlights

Market Cap$5.06B
EPS$3.04
P/E Ratio20.51
Revenue$24.44B
Gross Profit$2.65B
Net Income$246.93M
Employees14,869
WSO81,862,967
Phone(480) 643-2000

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Avnet, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Avnet, Inc. (AVT) has returned 27.30% so far this year and 52.65% over the past 12 months. Looking at the last ten years, AVT has achieved an annualized return of 3.29%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

AVT

1M-1.32%
6M17.98%
YTD27.30%
1Y52.65%
5Y7.38%
10Y3.29%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Avnet, Inc. (AVT) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
202628.37%6.55%-5.30%-0.05%
2025-1.69%0.04%-5.72%-1.69%5.71%6.39%-0.09%4.64%-0.40%-7.25%-1.25%1.46%
2024-9.33%2.76%6.62%-1.61%17.17%-6.06%4.04%2.64%-0.37%0.17%0.90%-4.82%
20239.63%-2.36%1.21%-8.55%6.38%14.89%-3.66%5.36%-5.53%-3.68%1.43%8.13%
2022-2.56%4.06%-2.26%6.98%11.00%-11.95%12.56%-7.50%-16.77%9.87%11.06%-8.41%
20210.17%7.06%6.46%5.75%-0.99%-9.73%2.61%-2.18%-8.90%2.31%-5.40%11.37%
2020-15.10%-15.99%-18.32%24.46%-7.63%2.63%-4.61%2.12%-5.73%-4.68%21.59%15.65%
201916.52%5.40%-1.12%11.29%-16.45%10.87%-1.39%-7.81%6.91%-11.66%1.80%4.40%
20186.33%1.04%-2.29%-5.40%-2.46%11.81%3.27%10.76%-7.61%-10.90%8.63%-19.74%
2017-3.25%-1.48%-0.20%-15.73%-5.42%5.51%-2.14%-0.13%3.48%1.09%2.75%-4.51%
2016-6.44%1.96%-0.76%1.53%1.56%-1.61%2.37%8.80%3.48%

Performance Indicators

The charts below present risk-adjusted performance metrics for Avnet, Inc. (AVT) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00SPY: 0.92AVT: 0.94

Sortino ratio

-6.00-4.00-2.000.002.004.00SPY: 1.40AVT: 1.55

Omega ratio

0.501.001.502.00AVT: 1.20SPY: 1.22

Calmar ratio

0.002.004.006.00SPY: 1.20AVT: 1.39

Martin ratio

0.001.003.00AVT: 0.24SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of AVT compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Avnet, Inc. volatility is 2.13%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020201920182017201620152014201320122010
Liabilities And Equity (USD)12.12B12.21B12.48B10.39B8.93B8.11B8.56B9.60B9.70B11.24B10.80B11.26B10.47B10.17B7.78B
Equity Attributable To Parent (USD)5.01B4.93B4.75B4.19B4.08B3.73B4.14B4.69B5.18B4.69B4.69B4.89B4.29B3.91B3.01B
Equity Attributable To Noncontrolling Interest (USD)---------------
Equity (USD)5.01B4.93B4.75B4.19B4.08B3.73B4.14B4.69B5.18B4.69B4.69B4.89B4.29B3.91B3.01B
Long-term Debt (USD)----------1.98B2.08B2.05B--
Noncurrent Liabilities (USD)2.98B2.82B3.48B1.94B1.79B2.10B1.85B1.94B2.06B1.61B1.84B1.39B1.36B1.46B1.33B
Other Current Liabilities (USD)431.96M906.12M621.77M577.07M400.30M325.30M515.27M479.74M386.16M1.45B638.60M1.54B1.25B1.29B577.33M
Wages (USD)208.72M213.64M253.79M242.90M253.59M200.99M198.97M220.25M205.98M258.59M295.64M40.92M291.56M279.45M-
Accounts Payable (USD)3.49B3.35B3.37B3.43B2.40B1.75B1.86B2.27B1.86B3.23B3.34B3.40B3.28B3.23B2.86B
Current Liabilities (USD)4.13B4.47B4.25B4.25B3.06B2.28B2.58B2.97B2.45B4.94B4.27B4.98B4.82B4.80B3.44B
Liabilities (USD)7.11B7.28B7.73B6.20B4.84B4.38B4.42B4.91B4.52B6.55B6.11B6.37B6.19B6.26B4.77B
Other Non-current Assets (USD)1.43B1.27B1.28B1.20B1.39B1.37B1.24B1.46B1.65B1.62B1.59B1.58B1.63B1.45B849.63M
Intangible Assets (USD)-----------184.31M---
Fixed Assets (USD)667.25M568.17M441.56M315.20M368.45M404.61M452.17M522.91M519.58M612.66M568.78M535.00M492.61M461.23M302.58M
Noncurrent Assets (USD)2.10B1.84B1.73B1.51B1.76B1.78B1.69B1.99B2.17B2.24B2.16B2.30B2.12B1.91B1.15B
Other Current Assets (USD)4.78B4.90B5.29B4.63B3.93B3.60B3.87B4.47B4.71B6.15B6.16B6.34B6.09B5.87B4.82B
Inventory (USD)5.24B5.47B5.47B4.24B3.24B2.73B3.01B3.14B2.82B2.86B2.48B2.61B2.26B2.39B1.81B
Current Assets (USD)10.02B10.37B10.75B8.88B7.16B6.33B6.88B7.61B7.53B9.00B8.64B8.95B8.36B8.25B6.63B
Assets (USD)12.12B12.21B12.48B10.39B8.93B8.11B8.56B9.60B9.70B11.24B10.80B11.26B10.47B10.17B7.78B

News and Insights

Syntiant Brings Real-Time Sensor AI to Avnet Technology Showcase

Syntiant will demonstrate its Neural Decision Processors (NDPs) at the Avnet Technology Showcase, highlighting their ability to process sensor data efficiently at the edge with low power consumption.

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New Strong Sell Stocks for July 5th - Zacks Investment Research

Three stocks were added to the Zacks Rank #5 (Strong Sell) list today: Arcos Dorados Holdings Inc., Ironwood Pharmaceuticals, Inc., and Avnet, Inc. The Zacks Consensus Estimate for their current year earnings has been revised downward over the last 60 days.

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Thanks To Apple, This Analyst Is Optimistic On ARM, Microchip Technology And More Ahead Of Earnings

This past week, eight companies in KeyBanc analyst John Vinh’s semi-coverage universe reported, from which he highlighted vital takeaways. The companies included Advanced Micro Devices, Inc (NASDAQ:AMD), Lattice Semiconductor Corp (NASDAQ:LSCC), Monolithic Power Systems, Inc (NASDAQ:MPWR), NXP Semiconductors NV (NASDAQ:NXPI), ON Semiconductor Corp (NASDAQ:ON), Qualcomm Inc (NASDAQ:QCOM), Qorvo, Inc (NASDAQ:QRVO), and Skyworks Solutions, Inc (NASDAQ:SWKS). He noted analog cyclical semis show incremental signs of stabilization and bottoming, with booking trends improving and channel inventory further decreasing. Distributors Arrow Electronics, Inc (NYSE:ARW) and Avnet, Inc (NASDAQ:AVT) indicate that transportation in NA, A&D in EUR, datacenter, and consumer in Asia showed signs of green shoots; however, guidance reflects incremental softness on more aggressive customer destocking trends. Automotive is correcting, but with the exception of Tesla, Inc. (NASDAQ:TSLA) is not as bad as feared, while industrial appears further through the ...Full story available on Benzinga.com

Benzinga faviconBenzingaAnusuya Lahiri
Here's What Key Metrics Tell Us About Avnet (AVT) Q3 Earnings

While the top- and bottom-line numbers for Avnet (AVT) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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