Cash flow Avnet, Inc.

Stocks

AVT

US0538071038

Electronic Equipment & Parts

Market Closed - Nasdaq Other stock markets 16:00:00 2026-07-02 EDT			Pre-market 20:00:00
82.18 ^USD	-5.84%		84.43	+2.74%

06-29	Avnet, Inc.(NasdaqGS:AVT) dropped from Russell 1000 Value-Defensive Index	CI
06-29	Avnet, Inc.(NasdaqGS:AVT) dropped from Russell 1000 Defensive Index	CI

139bd3f8d470f37f404429f6dd52f2.HZg8UJsGxdcc4TxJUQLvSXmpkEQdOYFNz44BMWvrnBw.KvAKG6p3kIJbimotEkSqHDT5wzx4Ydc8ocEwUwSorlFPzH846GKikVKHTw

Published financial data: AVNET, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	19.53B	24.31B	26.54B	23.76B	22.2B
Total Revenues	19.53B	24.31B	26.54B	23.76B	22.2B
Cost of Goods Sold, Total	17.29B	21.35B	23.35B	20.99B	19.82B
Gross Profit	2.24B	2.97B	3.18B	2.77B	2.38B
Selling General & Admin Expenses, Total	1.86B	1.98B	1.98B	1.85B	1.75B
Other Operating Expenses	-46K	-	8.08M	-17K	310K
Other Operating Expenses, Total	1.86B	1.98B	1.99B	1.85B	1.75B
Operating Income	379M	988M	1.19B	912M	634M
Interest Expense, Total	-89.47M	-100M	-251M	-283M	-246M
Net Interest Expenses	-89.47M	-100M	-251M	-283M	-246M
Currency Exchange Gains (Loss)	-12.9M	-37.34M	40.45M	-31.67M	15.54M
Other Non Operating Income (Expenses)	-3.78M	15.03M	-12.85M	795K	-44.59M
EBT, Excl. Unusual Items	273M	865M	966M	598M	359M
Restructuring Charges	-56.84M	-	-17.36M	-39.47M	-64.61M
Merger & Related Restructuring Charges	-35.8M	-5.27M	-2.6M	-13.1M	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-15.2M	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Legal Settlements	8.2M	-	37.04M	86.5M	-
Other Unusual Items	-	-26.26M	-	-	-43.4M
EBT, Incl. Unusual Items	173M	833M	983M	632M	251M
Income Tax Expense	-20.18M	141M	212M	134M	10.35M
Earnings From Continuing Operations	193M	692M	771M	499M	240M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	193M	692M	771M	499M	240M
Net Income - (IS)	193M	692M	771M	499M	240M
Net Income to Common Incl Extra Items	193M	692M	771M	499M	240M
Net Income to Common Excl. Extra Items	193M	692M	771M	499M	240M
Per Share Items
Net EPS - Basic	1.95	7.02	8.37	5.51	2.78
Basic EPS - Continuing Operations	1.95	7.02	8.37	5.51	2.78
Basic Weighted Average Shares Outstanding	99.26M	98.66M	92.04M	90.57M	86.27M
Net EPS - Diluted	1.93	6.94	8.26	5.43	2.75
Diluted EPS - Continuing Operations	1.93	6.94	8.26	5.43	2.75
Diluted Weighted Average Shares Outstanding	100M	99.82M	93.37M	91.84M	87.41M
Normalized Basic EPS	1.72	5.48	6.56	4.13	2.6
Normalized Diluted EPS	1.7	5.42	6.46	4.07	2.56
Dividend Per Share	0.85	1	1.16	1.24	1.32
Payout Ratio	43.66	14.22	13.79	22.45	47.17
Supplemental Items
EBITDA	511M	1.09B	1.28B	999M	706M
EBITA	420M	1B	1.2B	915M	635M
EBIT	379M	988M	1.19B	912M	634M
EBITDAR	606M	1.18B	1.37B	1.09B	803M
Effective Tax Rate - (Ratio)	-11.67	16.91	21.57	21.12	4.13
Current Domestic Taxes	-67.17M	67.38M	72.09M	54.95M	19.27M
Current Foreign Taxes	21.53M	127M	173M	94.66M	90.64M
Total Current Taxes	-45.64M	194M	246M	150M	110M
Deferred Domestic Taxes	21.85M	-54.74M	-12.82M	-16.37M	6.22M
Deferred Foreign Taxes	3.6M	1.79M	-20.68M	320K	-106M
Total Deferred Taxes	25.45M	-52.95M	-33.49M	-16.05M	-99.55M
Normalized Net Income	170M	541M	604M	374M	224M
Non-Cash Pension Expense	-12.87M	-17M	17.69M	-15.14M	-11.76M
Supplemental Operating Expense Items
Net Rental Expense, Total	95.31M	94.4M	88.9M	93.07M	97.38M
Imputed Operating Lease Interest Expense	42.05M	44.88M	69.06M	65.53M	63.94M
Imputed Operating Lease Depreciation	53.26M	49.53M	19.84M	27.55M	33.45M
Stock-Based Comp., SG&A Exp. (Total)	29.34M	36.74M	38.78M	33.5M	36.4M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	29.34M	36.74M	38.78M	33.5M	36.4M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	200M	154M	288M	311M	192M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	200M	154M	288M	311M	192M
Accounts Receivable, Total	3.58B	4.3B	4.76B	4.39B	4.33B
Total Receivables	3.58B	4.3B	4.76B	4.39B	4.33B
Inventory	3.24B	4.24B	5.47B	5.47B	5.24B
Prepaid Expenses	135M	153M	165M	188M	220M
Other Current Assets, Total	15.72M	24.91M	69.1M	12.12M	43.75M
Total Current Assets	7.16B	8.88B	10.75B	10.37B	10.02B
Gross Property Plant And Equipment	1.63B	1.58B	1.77B	1.92B	2.06B
Accumulated Depreciation	-1B	-1.04B	-1.11B	-1.14B	-1.19B
Net Property Plant And Equipment	634M	542M	663M	777M	869M
Long-term Investments	-	-	-	-	23.5M
Goodwill	838M	759M	781M	781M	837M
Other Intangibles, Total	28.54M	12.65M	-	-	-
Deferred Tax Assets Long-Term	109M	157M	187M	203M	324M
Other Long-Term Assets, Total	151M	41.55M	95.15M	77.26M	46.13M
Total Assets	8.93B	10.39B	12.48B	12.21B	12.12B
Liabilities
Accounts Payable, Total	2.4B	3.43B	3.37B	3.35B	3.49B
Accrued Expenses, Total	322M	304M	343M	298M	315M
Short-term Borrowings	23.08M	174M	70.64M	77.61M	87.28M
Current Portion of Long-Term Debt	-	-	-	415M	-
Current Portion of Leases	58.35M	54.53M	51.79M	53.99M	56.25M
Current Income Taxes Payable	-	24.83M	93.52M	46.14M	12.41M
Other Current Liabilities	250M	262M	316M	229M	170M
Total Current Liabilities	3.06B	4.25B	4.25B	4.47B	4.13B
Long-Term Debt	1.19B	1.44B	2.99B	2.41B	2.57B
Long-Term Leases	240M	199M	191M	174M	159M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	355M	307M	297M	238M	245M
Total Liabilities	4.84B	6.2B	7.73B	7.28B	7.11B
Common Stock, Total	99.6M	95.7M	91.5M	89.05M	83.85M
Additional Paid In Capital	1.62B	1.66B	1.69B	1.72B	1.76B
Retained Earnings	2.52B	2.92B	3.38B	3.6B	3.43B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-154M	-481M	-409M	-487M	-258M
Total Common Equity	4.08B	4.19B	4.75B	4.93B	5.01B
Total Equity	4.08B	4.19B	4.75B	4.93B	5.01B
Total Liabilities And Equity	8.93B	10.39B	12.48B	12.21B	12.12B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	99.5M	94.67M	91.49M	88.11M	83.46M
ECS Total Common Shares Outstanding	99.6M	95.7M	91.5M	89.05M	83.85M
Book Value / Share	41.01	43.81	51.93	55.31	59.76
Tangible Book Value	3.22B	3.42B	3.97B	4.14B	4.17B
Tangible Book Value Per Share	32.3	35.75	43.4	46.54	49.78
Total Debt	1.51B	1.87B	3.3B	3.13B	2.88B
Net Debt	1.31B	1.71B	3.01B	2.82B	2.69B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-9.57M	-24.54M	-32.95M	-9.86M	-3.58M
Debt Equivalent Oper. Leases	762M	755M	711M	745M	779M
Equity Method Investments, Total	-	-	-	-	23.5M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	22.78M	21.41M	22.04M	29.36M	31.9M
Buildings, Total	122M	115M	108M	137M	259M
Machinery, Total	1.1B	1.09B	1.14B	1.18B	1.2B
Full Time Employees	14.5K	15.3K	15.8K	15.46K	14.87K
Accumulated Allowance for Doubtful Accounts (Supple)	88.16M	114M	113M	109M	108M

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	193M	692M	771M	499M	240M
Depreciation & Amortization - CF	148M	140M	137M	137M	124M
Amortization of Goodwill and Intangible Assets - (CF)	41.03M	14.96M	6.05M	3.13M	1.46M
Depreciation & Amortization, Total	189M	155M	143M	141M	125M
(Gain) Loss on Sale of Investments - (CF)	15.2M	-	-	-	-
Asset Writedown & Restructuring Costs	-34K	-	-	-	-
Stock-Based Compensation (CF)	29.34M	36.74M	38.78M	33.5M	36.4M
Provision and Write-off of Bad Debts	15.84M	30.79M	16.8M	12.57M	3.5M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	21.32M	-49.18M	-1.72M	-6.52M	-82.97M
Change In Accounts Receivable	-615M	-1.13B	-461M	316M	184M
Change In Inventories	-409M	-1.22B	-1.17B	-51.2M	410M
Change In Accounts Payable	621M	1.13B	-75.94M	4.5M	102M
Change in Other Net Operating Assets	30.92M	134M	28.78M	-258M	-293M
Cash from Operations	90.95M	-219M	-714M	690M	725M
Capital Expenditure	-68.74M	-48.9M	-195M	-226M	-147M
Cash Acquisitions	-	-	-	-	-
Other Investing Activities, Total	7.55M	100M	-16.88M	994K	10.35M
Cash from Investing	-61.2M	51.3M	-212M	-225M	-137M
Short Term Debt Issued, Total	22.9M	235M	-	-	-
Long-Term Debt Issued, Total	298M	575M	1.48B	27.49M	84.9M
Total Debt Issued	321M	810M	1.48B	27.49M	84.9M
Short Term Debt Repaid, Total	-2.79M	-	-96.21M	-	-
Long-Term Debt Repaid, Total	-537M	-354M	-	-184M	-360M
Total Debt Repaid	-540M	-354M	-96.21M	-184M	-360M
Repurchase of Common Stock	-	-184M	-222M	-163M	-303M
Common Dividends Paid	-84.31M	-98.49M	-106M	-112M	-113M
Common & Preferred Stock Dividends Paid	-84.31M	-98.49M	-106M	-112M	-113M
Other Financing Activities, Total	-10.72M	-16.65M	-5.78M	-2.63M	-1.88M
Cash from Financing	-314M	156M	1.05B	-434M	-694M
Foreign Exchange Rate Adjustments	6.91M	-34.05M	5.04M	-7.99M	-12.36M
Net Change in Cash	-277M	-46M	135M	22.71M	-119M
Supplemental Items
Cash Interest Paid	98.51M	112M	262M	351M	288M
Cash Income Tax Paid (Refund)	83.39M	6.89M	217M	209M	246M
Levered Free Cash Flow	-35.08M	-12.79M	-1.06B	535M	556M
Unlevered Free Cash Flow	20.84M	49.95M	-905M	712M	710M
Change In Net Working Capital	365M	710M	1.64B	-195M	-299M
Net Debt Issued / Repaid	-219M	456M	1.39B	-156M	-275M

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.78	6.39	6.5	4.62	3.26
Return on Total Capital	4.28	10.59	10.53	7.08	4.97
Return On Equity %	4.94	16.73	17.24	10.31	4.83
Return on Common Equity	4.94	16.73	17.24	10.31	4.83
Margin Analysis
Gross Profit Margin %	11.47	12.2	11.99	11.64	10.74
SG&A Margin	9.53	8.14	7.48	7.81	7.89
EBITDA Margin %	2.61	4.48	4.81	4.2	3.18
EBITA Margin %	2.15	4.12	4.5	3.85	2.86
EBIT Margin %	1.94	4.06	4.48	3.84	2.86
Income From Continuing Operations Margin %	0.99	2.85	2.9	2.1	1.08
Net Income Margin %	0.99	2.85	2.9	2.1	1.08
Net Avail. For Common Margin %	0.99	2.85	2.9	2.1	1.08
Normalized Net Income Margin	0.87	2.22	2.27	1.57	1.01
Levered Free Cash Flow Margin	-0.18	-0.05	-4	2.25	2.5
Unlevered Free Cash Flow Margin	0.11	0.21	-3.41	3	3.2
Asset Turnover
Asset Turnover	2.29	2.52	2.32	1.92	1.83
Fixed Assets Turnover	29.71	41.32	44.02	32.99	26.97
Receivables Turnover (Average Receivables)	6.01	6.17	5.85	5.19	5.09
Inventory Turnover (Average Inventory)	5.79	5.71	4.81	3.84	3.7
Short Term Liquidity
Current Ratio	2.34	2.09	2.53	2.32	2.43
Quick Ratio	1.24	1.05	1.19	1.05	1.09
Operating Cash Flow to Current Liabilities	0.03	-0.05	-0.17	0.15	0.18
Days Sales Outstanding (Average Receivables)	61.77	58.97	62.17	70.13	71.47
Days Outstanding Inventory (Average Inventory)	64.02	63.79	75.66	94.8	98.31
Average Days Payable Outstanding	43.31	47.49	50.4	58.25	63.5
Cash Conversion Cycle (Average Days)	82.48	75.26	87.43	106.69	106.28
Long Term Solvency
Total Debt/Equity	37.04	44.5	69.47	63.49	57.42
Total Debt / Total Capital	27.03	30.8	40.99	38.83	36.48
LT Debt/Equity	35.04	39.04	66.9	52.39	54.56
Long-Term Debt / Total Capital	25.57	27.02	39.47	32.05	34.66
Total Liabilities / Total Assets	54.24	59.64	61.92	59.66	58.65
EBIT / Interest Expense	4.23	9.84	4.74	3.22	2.57
EBITDA / Interest Expense	6.77	11.8	5.45	3.86	3.26
(EBITDA - Capex) / Interest Expense	6	11.31	4.67	3.06	2.66
Total Debt / EBITDA	2.5	1.58	2.42	2.86	3.58
Net Debt / EBITDA	2.17	1.45	2.2	2.58	3.34
Total Debt / (EBITDA - Capex)	2.82	1.64	2.82	3.61	4.39
Net Debt / (EBITDA - Capex)	2.44	1.51	2.57	3.25	4.1
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	10.78	24.45	9.16	-10.48	-6.55
Gross Profit, 1 Yr. Growth %	8.59	32.35	7.31	-13.06	-13.79
EBITDA, 1 Yr. Growth %	23.07	113.45	17.23	-21.67	-29.35
EBITA, 1 Yr. Growth %	33.75	138.85	19.21	-23.26	-30.57
EBIT, 1 Yr. Growth %	62.76	160.79	20.41	-23.13	-30.49
Earnings From Cont. Operations, 1 Yr. Growth %	-721.32	258.53	11.33	-35.3	-51.83
Net Income, 1 Yr. Growth %	-721.32	258.53	11.33	-35.3	-51.83
Normalized Net Income, 1 Yr. Growth %	182.81	217.35	11.67	-37.88	-40.07
Diluted EPS Before Extra, 1 Yr. Growth %	-722.58	259.59	19.02	-34.26	-49.36
Accounts Receivable, 1 Yr. Growth %	22.12	20.27	10.76	-7.82	-1.45
Inventory, 1 Yr. Growth %	18.48	31.12	28.77	0.07	-4.27
Net Property, Plant and Equip., 1 Yr. Growth %	-6.77	-14.52	22.29	17.17	11.84
Total Assets, 1 Yr. Growth %	10.12	16.39	20.11	-2.15	-0.74
Tangible Book Value, 1 Yr. Growth %	11.44	6.33	15.64	4.37	0.72
Common Equity, 1 Yr. Growth %	9.6	2.66	13.33	3.66	1.75
Cash From Operations, 1 Yr. Growth %	-87.54	-341.14	225.43	-196.68	5
Capital Expenditures, 1 Yr. Growth %	-6.49	-28.87	298.11	16.34	-34.88
Levered Free Cash Flow, 1 Yr. Growth %	-105.07	-63.57	8.2K	-150.34	3.79
Unlevered Free Cash Flow, 1 Yr. Growth %	-97.29	139.91	-1.91K	-178.54	-0.35
Dividend Per Share, 1 Yr. Growth %	1.19	17.65	16	6.9	6.45
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.04	17.41	16.55	-1.15	-8.53
Gross Profit, 2 Yr. CAGR %	-5.07	19.88	19.17	-3.41	-13.43
EBITDA, 2 Yr. CAGR %	-20.69	62.07	58.19	-4.27	-25.92
EBITA, 2 Yr. CAGR %	-23.36	78.73	68.75	-4.46	-27.33
EBIT, 2 Yr. CAGR %	-22.52	106.01	77.2	-3.9	-27.23
Earnings From Cont. Operations, 2 Yr. CAGR %	4.65	371.98	99.79	-15.13	-44.18
Net Income, 2 Yr. CAGR %	4.65	371.98	99.79	-15.13	-44.18
Normalized Net Income, 2 Yr. CAGR %	-24.81	199.56	88.25	-16.82	-39.32
Diluted EPS Before Extra, 2 Yr. CAGR %	10.17	373.15	106.88	-11.55	-42.3
Accounts Receivable, 2 Yr. CAGR %	6.24	21.19	15.42	1.04	-4.69
Inventory, 2 Yr. CAGR %	3.73	24.64	29.94	13.51	-2.12
Net Property, Plant and Equip., 2 Yr. CAGR %	18.45	-10.73	2.25	19.71	14.47
Total Assets, 2 Yr. CAGR %	2.08	13.21	18.23	8.41	-1.45
Tangible Book Value, 2 Yr. CAGR %	1.55	8.86	11.09	9.86	2.53
Common Equity, 2 Yr. CAGR %	-0.68	6.07	7.86	8.39	2.7
Cash From Operations, 2 Yr. CAGR %	-58.76	-45.2	180.13	77.37	0.75
Capital Expenditures, 2 Yr. CAGR %	-25.15	-37.46	68.28	115.21	-12.96
Levered Free Cash Flow, 2 Yr. CAGR %	-74.31	-85.87	449.99	547.06	-27.49
Unlevered Free Cash Flow, 2 Yr. CAGR %	-81.6	-73.62	559.47	277.61	-11.21
Dividend Per Share, 2 Yr. CAGR %	3.08	9.11	16.82	11.36	6.67
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.86	7.59	14.59	6.74	-2.98
Gross Profit, 3 Yr. CAGR %	-3.93	6.05	15.53	7.28	-7
EBITDA, 3 Yr. CAGR %	-7.43	10.32	45.48	25.06	-13.49
EBITA, 3 Yr. CAGR %	-8.79	11.94	56.16	29.68	-14.1
EBIT, 3 Yr. CAGR %	-6.39	16.11	72.24	34.05	-13.73
Earnings From Cont. Operations, 3 Yr. CAGR %	10.56	57.76	191.62	37.2	-29.73
Net Income, 3 Yr. CAGR %	7.28	57.76	191.62	37.2	-29.73
Normalized Net Income, 3 Yr. CAGR %	-10.44	21.5	115.59	29.97	-25.43
Diluted EPS Before Extra, 3 Yr. CAGR %	17.44	63.43	198.68	41.17	-26.55
Accounts Receivable, 3 Yr. CAGR %	-0.6	10.72	17.61	7.08	0.2
Inventory, 3 Yr. CAGR %	1	12.15	26	19.1	7.25
Net Property, Plant and Equip., 3 Yr. CAGR %	6.66	6.25	-0.85	7	17.02
Total Assets, 3 Yr. CAGR %	-2.39	6.65	15.47	11.01	5.27
Tangible Book Value, 3 Yr. CAGR %	-2.62	3.12	11.21	8.81	6.73
Common Equity, 3 Yr. CAGR %	-4.47	0.42	8.44	6.44	6.13
Cash From Operations, 3 Yr. CAGR %	-28.94	-25.7	-0.76	96.49	48.93
Capital Expenditures, 3 Yr. CAGR %	-23.88	-26.41	15.91	48.8	44.48
Levered Free Cash Flow, 3 Yr. CAGR %	-31.2	-71.13	18.34	147.99	251.57
Unlevered Free Cash Flow, 3 Yr. CAGR %	-49.89	-56.71	8.05	224.65	142.21
Dividend Per Share, 3 Yr. CAGR %	4.73	7.72	11.36	13.41	9.7
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.14	6.87	6.87	4.01	4.71
Gross Profit, 5 Yr. CAGR %	1.52	4.59	4.72	2.16	2.94
EBITDA, 5 Yr. CAGR %	-5.83	8.1	14.7	4.23	11.2
EBITA, 5 Yr. CAGR %	-7.48	8.96	16.66	5.07	15.16
EBIT, 5 Yr. CAGR %	-9.09	10.52	20.83	7.65	22.2
Earnings From Cont. Operations, 5 Yr. CAGR %	-13.15	21.33	40.08	23.11	50.53
Net Income, 5 Yr. CAGR %	-17.54	5.68	37.57	23.11	50.53
Normalized Net Income, 5 Yr. CAGR %	-11.95	14.07	20.55	4.41	30.05
Diluted EPS Before Extra, 5 Yr. CAGR %	-8.01	27.62	47.29	27.84	54.74
Accounts Receivable, 5 Yr. CAGR %	5.24	5.2	5.52	6.75	8.12
Inventory, 5 Yr. CAGR %	4.8	8.48	11.71	12.7	13.89
Net Property, Plant and Equip., 5 Yr. CAGR %	6.96	0.86	4.87	11.44	5.01
Total Assets, 5 Yr. CAGR %	-4.51	1.38	5.39	7.35	8.38
Tangible Book Value, 5 Yr. CAGR %	-4.48	-1.85	2.65	5.84	7.65
Common Equity, 5 Yr. CAGR %	-2.73	-4.15	0.28	3.53	6.1
Cash From Operations, 5 Yr. CAGR %	-16.52	-9.87	23	5.23	-0.16
Capital Expenditures, 5 Yr. CAGR %	-12.93	-16.49	4.55	13.04	3.36
Levered Free Cash Flow, 5 Yr. CAGR %	-25.08	-52.85	58.04	0.15	-2.81
Unlevered Free Cash Flow, 5 Yr. CAGR %	-25.56	-39.4	40.44	2.95	-0.22
Dividend Per Share, 5 Yr. CAGR %	4.56	7.39	9.41	9.16	9.46