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NASDAQ NMS - GLOBAL MARKET · Electrical Equipment · CIK 0000008858
$88.64
-4.82% · delayed ~15 min
Last price from Oct 22, 2026
$7.27B market value
From AVNET INC's FY2026 10-K, filed Aug 14, 2026 · read the filing
AVNET distributes goods wholesale to other businesses. It took in $27.63B last year, which makes it a large company. Of every dollar it sells, about 1 cents is left as profit.
The financial picture is led by growth, with profitability worth watching, while debt remain weak.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
A mixed picture — some clear strengths and some weaknesses.
From AVNET INC's FY2026 annual filing · share price scored separately
Largest year-over-year changes in FY2026
Operating income
$514.3M → $724.8M
Free cash flow
$577.0M → -$354.5M
Earnings per share
$2.88 → $4.07
Capital spending
$147.5M → $73.6M
Measured against FY2025, from the 10-K filed Aug 14, 2026
Improved: +40.9%
$514.3M to $724.8MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
How the latest move compares (quote delayed ~15 min), and what was published around it
AVT fell 4.82% on the latest quote. The S&P 500 moved −1.04%. That is 3.8 points below the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 9 analysts covering this company, as of . Their views, not this site's.
Of 9 analysts publishing on this company, 2 say strong buy, 3 say buy, 3 say hold and 1 say sell. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 1 cents of every dollar of sales as profit, earning $334.4M last year. Note that operations still consumed cash despite the reported profit.
Yes, quickly. Sales grew 24.5% last year.
Yes — it carries debt while operations are consuming cash rather than generating it. For every $1 it owes, it owns $1.48 in assets.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 34 cents of every dollar of profit and keeps the rest, which leaves the payment comfortably covered. It has paid in each of the last 12 years.
GoodNext payment expected around , projected from how regularly it has paid before rather than from a date the company has announced.
Figures from the FY2026 annual filing
Last year it earned $334.4M and generated -$280.9M of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202610-K · Aug 14, 2026Filing for FY2026 | FY202510-K · Aug 15, 2025Filing for FY2025 | FY202410-K · Aug 14, 2026Filing for FY2024 | FY202310-K · Aug 15, 2025Filing for FY2023 | FY202210-K · Aug 14, 2024Filing for FY2022 | ChangeFY2026 vs FY2025 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $27.63B | $22.20B | $23.76B | $26.54B | $24.31B | +24.5% |
| Cost of revenue | $24.75B | $19.82B | $20.99B | $23.35B | $21.35B | +24.9% |
| Gross profit | $2.88B | $2.38B | $2.77B | $3.18B | $2.97B | +20.8% |
| Gross marginGross profit ÷ revenueWhat is this? | 10.4% | 10.7% | 11.6% | 12.0% | 12.2% | −0.3 pts |
| Selling, general and administrative | $2.02B | $1.76B | $1.87B | $1.97B | $1.99B | +14.8% |
| Operating income | $724.8M | $514.3M | $844.4M | $1.19B | $939.0M | +40.9% |
| Operating marginOperating income ÷ revenueWhat is this? | 2.6% | 2.3% | 3.6% | 4.5% | 3.9% | +0.3 pts |
| Interest expense | $250.7M | $246.4M | $282.9M | $250.9M | $100.4M | +1.8% |
| Income before tax | $467.4M | $250.6M | $632.3M | $982.9M | $833.3M | +86.5% |
| Net income | $334.4M | $240.2M | $498.7M | $770.8M | $692.4M | +39.2% |
| Net marginNet income ÷ revenueWhat is this? | 1.2% | 1.1% | 2.1% | 2.9% | 2.8% | +0.1 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $4.07 | $2.88 | $5.66 | $8.43 | $7.31 | +41.6% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| AVTAVNET INC · this page | 6.0/10 | 4/9 | 24.5% | 1.2% | 21.76x |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Gifted shares — 250 shares
Holds 272,457 shares after this filing.
Reported another kind of transaction — 63,176 shares
Holds 264,433 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Signed a material agreement · Took on a direct financial obligation
Read the filingProxy statement for a shareholder meeting
Read the filingWrite down why you are following AVNET INC, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
The 174 subsidiaries named in its 10-K, incorporated across 46 places. A filer lists the significant ones and may leave the rest out, so this is the floor rather than the full count.
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from AVT's 10-K for fiscal year 2026 (period ending 2026-06-27, filed Aug 14, 2026), reported under the US GAAP taxonomy. View the source filing.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 9 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2026 | 6.0 | 4/9 | 10-K, filed Aug 14, 2026 |
| FY2025 | 4.7 | 5/9 | 10-K, filed Aug 15, 2025 |
| FY2024 | 4.7 | 5/9 | 10-K, filed Aug 14, 2024 |
| FY2023 | 4.7 | 4/9 | 10-K, filed Aug 18, 2023 |
| FY2022 | 6.0 | 5/9 | 10-K, filed Aug 12, 2022 |
| FY2021 | 4.7 | 6/9 | 10-K, filed Aug 13, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
4 of 9 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's.
4.04
In the safe zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2026 filing as filed with the SEC.
Deteriorated: turned negative
$577.0M to -$354.5MCritical
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: +41.6%
$2.88 to $4.07Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Changed: -50.1%
$147.5M to $73.6MCritical
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Improved: +24.5%
$22.20B to $27.63BSignificant
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +20.8%
$2.38B to $2.88BSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +39.2%
$240.2M to $334.4MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: -19.2%
$192.4M to $155.4MSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: -1.7%
83.5M to 82.1MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
5 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 10.9% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 24.6x — investors pay $24.6 for each $1 of trailing profit.
This company has not reported enough of the required figures to calculate this score.
| 2.07x |
| CDWCDW Corp | 7.0/10 | 5/9 | 6.8% | 4.8% | 19.97x | 5.15x |
|---|
| Median of peers | 7.0/10 | — | 6.8% | 4.8% | 19.97x | 5.15x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Reported another kind of transaction — 63,176 shares
Holds 272,707 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 13,000 shares ($1.2M) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 6,844 shares ($634.8K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 32,052 shares ($2.9M) on or after .
Shares originally obtained via Stock Option Exercise.
Filed notice to sell 51,900 shares ($5.1M) on or after .
Shares originally obtained via Stock Option Exercise.
Estimated from how often this has happened before, not a confirmed date.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Reported another event
Annual report for FY2026
Revenue +24.5% · Operating income +40.9% · Free cash flow turned negative — against FY2025
Read the filingPublished results
Read the filingSigned a material agreement · Took on a direct financial obligation
Read the filingQuarterly report for Q3 FY2026
Revenue +33.9% · Operating income +43.5% · Gross profit +25.7% — against Q3 FY2025
Read the filingPublished results
Read the filingQuarterly report for Q2 FY2026
Revenue +11.6% · Cash +66.5% · Profit -29.2% — against Q2 FY2025
Read the filingPublished results
Read the filingHeld a shareholder vote
Read the filingQuarterly report for Q1 FY2026
Revenue +5.3% · Free cash flow turned negative · Long-term debt +15.0% — against Q1 FY2025
Read the filingPublished results
Read the filingProxy statement for a shareholder meeting
Read the filingChanged its auditor
Read the filingSigned a material agreement · Took on a direct financial obligation · Sold shares outside a public offering · Reported another event
Read the filingSigned a material agreement · Took on a direct financial obligation
Read the filingAnnual report for FY2025
Revenue -6.6% · Operating margin −1.2 pts · Profit -51.8% — against FY2024
Read the filingPublished results
Read the filingSigned a material agreement · Took on a direct financial obligation
Read the filingThe first 40 of 174. The rest are in the exhibit.
Source: Exhibit 21 of the 10-K filed 2026-08-14. These are legal entities, not brands or acquisitions — a company that bought a business may hold it inside an entity named here, or inside one small enough that the rule does not require naming it at all.
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