Avnet Financial Statements From 2010 to 2024

AVT Stock  USD 48.47  1.09  2.30%   
Avnet financial statements provide useful quarterly and yearly information to potential Avnet Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Avnet financial statements helps investors assess Avnet's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Avnet's valuation are summarized below:
Gross Profit
3.2 B
Profit Margin
0.0262
Market Capitalization
4.3 B
Enterprise Value Revenue
0.3003
Revenue
25.6 B
There are currently one hundred twenty fundamental signals for Avnet Inc that can be evaluated and compared over time across rivals. All traders should validate Avnet's prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Enterprise Value is likely to drop to about 837.7 M in 2024

Avnet Total Revenue

32.04 Billion

Check Avnet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avnet main balance sheet or income statement drivers, such as Depreciation And Amortization of 98.5 M, Interest Expense of 214.5 M or Selling General Administrative of 1.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.36, Dividend Yield of 0.0137 or PTB Ratio of 1.36. Avnet financial statements analysis is a perfect complement when working with Avnet Valuation or Volatility modules.
  
This module can also supplement Avnet's financial leverage analysis and stock options assessment as well as various Avnet Technical models . Check out the analysis of Avnet Correlation against competitors.

Avnet Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets15.1 B14.3 B10.1 B
Slightly volatile
Short and Long Term Debt TotalB3.8 B2.1 B
Slightly volatile
Other Current Liabilities909.4 M866.1 M576.8 M
Slightly volatile
Total Current Liabilities5.1 B4.9 B3.7 B
Pretty Stable
Total Stockholder Equity2.9 B5.5 B4.1 B
Pretty Stable
Property Plant And Equipment Net800.9 M762.7 M556.5 M
Slightly volatile
Net Debt3.6 B3.5 B1.6 B
Slightly volatile
Retained Earnings1.9 B3.9 B2.9 B
Pretty Stable
Cash452.7 M331.5 M595.1 M
Slightly volatile
Non Current Assets Total1.4 BB1.8 B
Very volatile
Cash And Short Term Investments460.8 M331.5 M614.4 M
Slightly volatile
Net Receivables5.8 B5.5 B4.1 B
Slightly volatile
Common Stock Shares Outstanding119.8 M107.4 M116.8 M
Slightly volatile
Liabilities And Stockholders Equity15.1 B14.3 B10.1 B
Slightly volatile
Non Current Liabilities Total4.2 BB2.1 B
Slightly volatile
Inventory6.6 B6.3 B3.4 B
Slightly volatile
Other Current Assets141.3 M268.9 M184.3 M
Pretty Stable
Other Stockholder EquityB1.9 B1.5 B
Slightly volatile
Total Liabilities9.3 B8.9 B5.8 B
Slightly volatile
Property Plant And Equipment Gross800.9 M762.7 M545.9 M
Slightly volatile
Total Current Assets13 B12.4 B8.3 B
Slightly volatile
Short Term Debt239.9 M140.8 M363 M
Slightly volatile
Intangible Assets10.8 M11.4 M175.7 M
Slightly volatile
Non Currrent Assets Other233.1 M324.8 M245.2 M
Pretty Stable
Accounts Payable4.1 B3.9 B2.8 B
Slightly volatile
Good Will667.4 M702.6 M947 M
Slightly volatile
Common Stock Total Equity119.5 M105.2 M111.6 M
Pretty Stable
Common Stock119.5 M105.2 M111.7 M
Pretty Stable
Current Deferred Revenue130.9 M124.6 M81.2 M
Slightly volatile
Other Assets322.5 M324.8 M318.3 M
Very volatile
Long Term Debt3.6 B3.4 B1.8 B
Slightly volatile
Property Plant Equipment474.1 M507.8 M558 M
Pretty Stable
Other Liabilities233.5 M342.1 M302.8 M
Slightly volatile
Net Tangible Assets3.8 B4.6 B3.6 B
Slightly volatile
Retained Earnings Total Equity3.2 B3.9 BB
Slightly volatile
Long Term Debt Total3.6 B3.4 B1.8 B
Slightly volatile
Capital Surpluse1.6 B1.9 B1.5 B
Slightly volatile
Non Current Liabilities Other311.5 M342.1 M301.3 M
Slightly volatile
Short and Long Term Debt60.4 M63.6 M707.1 M
Slightly volatile
Net Invested Capital4.4 B2.8 B5.8 B
Slightly volatile
Net Working Capital5.2 B7.5 B5.1 B
Pretty Stable
Capital Stock78.3 M82.4 M98.8 M
Slightly volatile
Capital Lease Obligations220.3 M218.2 M286.9 M
Slightly volatile

Avnet Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization98.5 M164.5 M154.1 M
Slightly volatile
Selling General Administrative1.3 B2.3 B1.8 B
Pretty Stable
Total Revenue32 B30.5 B22.7 B
Slightly volatile
Gross Profit1.9 B3.7 B2.6 B
Pretty Stable
Other Operating Expenses30.6 B29.1 B21.9 B
Slightly volatile
Operating Income1.4 B1.4 B713.1 M
Slightly volatile
EBIT1.5 B1.4 B779.3 M
Slightly volatile
EBITDA1.7 B1.6 B938.4 M
Slightly volatile
Cost Of Revenue28.2 B26.9 B20 B
Slightly volatile
Total Operating Expenses1.4 B2.3 B1.9 B
Pretty Stable
Non Recurring30.6 M32.2 M107.1 M
Pretty Stable
Interest Income72.1 M81 M88.3 M
Slightly volatile
Reconciled Depreciation148.7 M128.7 M167.4 M
Very volatile

Avnet Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow167.9 M176.7 M589 M
Slightly volatile
Depreciation101.5 M164.5 M148.6 M
Slightly volatile
Capital Expenditures235.1 M223.9 M127.9 M
Slightly volatile
End Period Cash Flow475.3 M331.5 M592.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.360.27020.2498
Slightly volatile
Dividend Yield0.01370.01720.0199
Very volatile
PTB Ratio1.361.09771.0143
Slightly volatile
Days Sales Outstanding49.469.812666.0323
Slightly volatile
Book Value Per Share41.0339.07243.2119
Slightly volatile
Invested Capital0.360.35320.481
Slightly volatile
Stock Based Compensation To Revenue0.00130.00130.0022
Slightly volatile
PB Ratio1.361.09771.0143
Slightly volatile
EV To Sales0.430.32440.3298
Pretty Stable
Inventory Turnover4.75.25484.8099
Slightly volatile
Days Of Inventory On Hand81.3869.4676.9443
Slightly volatile
Payables Turnover9.597.27477.8819
Slightly volatile
Cash Per Share2.765.185.3454
Slightly volatile
Days Payables Outstanding35.2950.174146.9854
Slightly volatile
Intangibles To Total Assets0.0960.12510.1138
Slightly volatile
Net Debt To EBITDA0.981.27741.633
Slightly volatile
Current Ratio3.222.5632.8497
Slightly volatile
Tangible Book Value Per Share30.5129.057833.2951
Slightly volatile
Receivables Turnover6.575.22835.5172
Slightly volatile
Graham Number26.6833.864969.3205
Pretty Stable
Shareholders Equity Per Share41.0339.07243.2119
Slightly volatile
Debt To Equity0.360.35320.481
Slightly volatile
Revenue Per Share87.91159190
Slightly volatile
Interest Debt Per Share15.3914.653823.625
Slightly volatile
Debt To Assets0.170.17240.2133
Slightly volatile
Enterprise Value Over EBITDA7.727.63427.0132
Slightly volatile
Operating Cycle149139144
Slightly volatile
Price Book Value Ratio1.361.09771.0143
Slightly volatile
Price Earnings To Growth Ratio0.280.25010.8426
Slightly volatile
Days Of Payables Outstanding35.2950.174146.9854
Slightly volatile
Pretax Profit Margin0.00720.00760.0258
Very volatile
Ebt Per Ebit0.60.62940.7374
Very volatile
Operating Profit Margin0.01150.01210.0336
Pretty Stable
Effective Tax Rate2.081.98490.4467
Slightly volatile
Company Equity Multiplier1.672.04842.1545
Slightly volatile
Long Term Debt To Capitalization0.220.24120.3055
Slightly volatile
Total Debt To Capitalization0.240.2610.3139
Slightly volatile
Return On Capital Employed0.0330.03480.0965
Pretty Stable
Debt Equity Ratio0.360.35320.481
Slightly volatile
Ebit Per Revenue0.01150.01210.0336
Pretty Stable
Quick Ratio1.651.43541.5188
Slightly volatile
Cash Ratio0.320.20920.2083
Slightly volatile
Cash Conversion Cycle10589.098696.5998
Pretty Stable
Days Of Inventory Outstanding81.3869.4676.9443
Slightly volatile
Days Of Sales Outstanding49.469.812666.0323
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.40.38511.0945
Pretty Stable
Price To Book Ratio1.361.09771.0143
Slightly volatile
Fixed Asset Turnover31.9236.405736.0403
Slightly volatile
Enterprise Value Multiple7.727.63427.0132
Slightly volatile
Debt Ratio0.170.17240.2133
Slightly volatile
Price Sales Ratio0.360.27020.2498
Slightly volatile
Asset Turnover1.661.98371.9452
Slightly volatile
Gross Profit Margin0.180.13280.1363
Pretty Stable
Price Fair Value1.361.09771.0143
Slightly volatile

Avnet Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.1 B884 M3.5 B
Slightly volatile
Enterprise Value837.7 M991 M1.1 B
Slightly volatile

Avnet Fundamental Market Drivers

Forward Price Earnings6.7705
Cash And Short Term Investments288.2 M

Avnet Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of August 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

About Avnet Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Avnet income statement, its balance sheet, and the statement of cash flows. Avnet investors use historical funamental indicators, such as Avnet's revenue or net income, to determine how well the company is positioned to perform in the future. Although Avnet investors may use each financial statement separately, they are all related. The changes in Avnet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avnet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Avnet Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Avnet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue124.6 M130.9 M
Total Revenue30.5 B32 B
Cost Of Revenue26.9 B28.2 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 158.76  87.91 
Ebit Per Revenue 0.01  0.01 

Avnet Investors Sentiment

The influence of Avnet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Avnet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Avnet's public news can be used to forecast risks associated with an investment in Avnet. The trend in average sentiment can be used to explain how an investor holding Avnet can time the market purely based on public headlines and social activities around Avnet Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Avnet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Avnet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Avnet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Avnet.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avnet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avnet's short interest history, or implied volatility extrapolated from Avnet options trading.

Pair Trading with Avnet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avnet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avnet will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avnet Stock

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The ability to find closely correlated positions to Avnet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avnet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avnet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avnet Inc to buy it.
The correlation of Avnet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avnet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avnet Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avnet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Avnet Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Avnet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Avnet Inc Stock. Highlighted below are key reports to facilitate an investment decision about Avnet Inc Stock:
Check out the analysis of Avnet Correlation against competitors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Avnet's price analysis, check to measure Avnet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avnet is operating at the current time. Most of Avnet's value examination focuses on studying past and present price action to predict the probability of Avnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avnet's price. Additionally, you may evaluate how the addition of Avnet to your portfolios can decrease your overall portfolio volatility.
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Is Avnet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avnet. If investors know Avnet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avnet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Dividend Share
1.2
Earnings Share
7.25
Revenue Per Share
280.903
Quarterly Revenue Growth
(0.08)
The market value of Avnet Inc is measured differently than its book value, which is the value of Avnet that is recorded on the company's balance sheet. Investors also form their own opinion of Avnet's value that differs from its market value or its book value, called intrinsic value, which is Avnet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avnet's market value can be influenced by many factors that don't directly affect Avnet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avnet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avnet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avnet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.