Avnet Inc (AVT)

Technology | Technology Distributors
Income Statement (Quarterly) 2025-09-27 2025-03-29 2024-12-28 2024-09-28
Revenue 5,898,572,000 5,315,423,000 5,663,384,000 5,604,152,000
Cost of Revenue 5,283,807,000 4,727,570,000 5,067,333,000 4,996,785,000
Gross Profit 614,765,000 587,853,000 596,051,000 607,367,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 464,442,000 435,492,000 436,931,000 438,791,000
Operating Expenses 472,733,000 444,602,000 440,725,000 438,791,000
Operating Income 142,032,000 143,251,000 155,326,000 142,225,000
Interest Expense 59,762,000 0 62,399,000 64,444,000
Income Before Tax 76,804,000 78,144,000 90,283,000 74,738,000
Income Tax Expense 25,059,000 -9,775,000 3,030,000 15,782,000
Net Income 51,745,000 87,919,000 87,253,000 58,956,000
Per Share
EPS 0.62 1.02 1.00 0.67
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-29 2023-07-01 2022-07-02 2021-07-03
Revenue 22,200,754,000 23,757,129,000 26,536,881,000 24,310,708,000 19,534,679,000
Cost of Revenue 19,815,798,000 20,990,687,000 23,354,738,000 21,345,317,000 17,294,049,000
Gross Profit 2,384,956,000 2,766,442,000 3,182,143,000 2,965,391,000 2,240,630,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 1,762,386,000 1,869,525,000 1,967,305,000 1,994,847,000 1,874,831,000
Operating Expenses 1,870,702,000 1,869,525,000 1,967,305,000 1,994,847,000 1,874,831,000
Operating Income 514,254,000 896,917,000 1,186,800,000 939,011,000 281,408,000
Interest Expense 246,402,000 282,867,000 250,869,000 100,375,000 89,473,000
Income Before Tax 250,569,000 632,263,000 982,876,000 833,334,000 172,929,000
Income Tax Expense 10,352,000 133,564,000 212,048,000 140,955,000 -20,185,000
Net Income 240,217,000 498,699,000 770,828,000 692,379,000 193,114,000
Per Share
EPS 2.78 5.51 8.37 7.02 1.95
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-29 2023-07-01 2022-07-02
Assets
Cash and Cash Equivalents 192,428,000 310,941,000 288,230,000 153,693,000
Short Term Investments 0 0 0 0
Net Receivables 4,327,450,000 4,391,187,000 4,763,788,000 4,301,002,000
Inventory 5,235,485,000 5,468,730,000 5,465,031,000 4,244,148,000
Total Current Assets 10,018,737,000 10,370,552,000 10,750,853,000 8,876,626,000
Property Plant Equipment 869,143,000 777,140,000 663,255,000 542,342,000
Goodwill and Intangibles 837,031,000 780,984,000 780,629,000 771,484,000
Total Assets 12,118,553,000 12,209,147,000 12,477,159,000 10,388,532,000
Liabilities
Account Payables 3,487,419,000 3,345,510,000 3,373,820,000 3,431,683,000
Short Term Debt 143,531,000 600,697,000 122,428,000 228,951,000
Total Current Liabilities 4,128,104,000 4,465,269,000 4,249,378,000 4,251,654,000
Long Term Debt 2,734,178,000 2,580,515,000 3,178,650,000 1,636,818,000
Total Liabilities 7,107,058,000 7,283,643,000 7,725,490,000 6,195,772,000
Shareholders Equity
Retained Earnings 3,430,193,000 3,601,812,000 3,378,212,000 2,921,399,000
Total Shareholders Equity 5,011,495,000 4,925,504,000 4,751,669,000 4,192,760,000
Balance Sheet (Annual) 2025-06-30 2024-06-29 2023-07-01 2022-07-02 2021-07-03
Assets
Cash and Cash Equivalents 192,428,000 310,941,000 288,230,000 153,693,000 199,691,000
Short Term Investments 0 0 0 0 0
Net Receivables 4,327,450,000 4,391,187,000 4,763,788,000 4,301,002,000 3,576,130,000
Inventory 5,235,485,000 5,468,730,000 5,465,031,000 4,244,148,000 3,236,837,000
Total Current Assets 10,018,737,000 10,370,552,000 10,750,853,000 8,876,626,000 7,163,421,000
Property Plant Equipment 869,143,000 777,140,000 663,255,000 542,342,000 634,440,000
Goodwill and Intangibles 837,031,000 780,984,000 780,629,000 771,484,000 866,644,000
Total Assets 12,118,553,000 12,209,147,000 12,477,159,000 10,388,532,000 8,925,422,000
Liabilities
Account Payables 3,487,419,000 3,345,510,000 3,373,820,000 3,431,683,000 2,401,357,000
Short Term Debt 143,531,000 600,697,000 122,428,000 228,951,000 81,424,000
Total Current Liabilities 4,128,104,000 4,465,269,000 4,249,378,000 4,251,654,000 3,055,238,000
Long Term Debt 2,734,178,000 2,580,515,000 3,178,650,000 1,636,818,000 1,431,167,000
Total Liabilities 7,107,058,000 7,283,643,000 7,725,490,000 6,195,772,000 4,841,238,000
Shareholders Equity
Retained Earnings 3,430,193,000 3,601,812,000 3,378,212,000 2,921,399,000 2,516,170,000
Total Shareholders Equity 5,011,495,000 4,925,504,000 4,751,669,000 4,192,760,000 4,084,184,000
Cash Flow Statement (Quarterly) 2025-06-30 2025-06-28 2024-06-29 2023-07-01
Operating Activities
Net Income 240,217,000 240,217,000 498,699,000 770,828,000
Depreciation & Amortization 125,195,000 125,195,000 140,504,000 143,005,000
Stock Based Compensation 36,399,000 36,399,000 33,496,000 38,781,000
Change in Working Capital 402,163,000 402,163,000 11,234,000 -1,681,399,000
Operating Cash Flow 724,504,000 724,504,000 689,984,000 -713,703,000
Investing Activities
Capital Expenditure -147,474,000 -147,474,000 -226,478,000 -194,674,000
Investments -147,474,000 -147,474,000 -226,478,000 -194,674,000
Investing Cash Flow -137,127,000 -137,127,000 -225,484,000 -211,551,000
Financing Activities
Debt Repayment -274,850,000 -274,850,000 -156,486,000 -1,388,590,000
Common Stock Issued/Repurchased -303,490,000 -303,490,000 -162,723,000 -1,610,320,000
Dividends Paid -113,310,000 -113,310,000 -111,963,000 -106,325,000
Financing Cash Flow -693,526,000 -693,526,000 -433,799,000 1,054,756,000
Summary
Free Cash Flow 577,030,000 577,030,000 463,506,000 -908,377,000
Net Change in Cash -118,513,000 -118,513,000 22,711,000 134,537,000
Cash Flow Statement (Annual) 2025-06-30 2025-06-28 2024-06-29 2023-07-01 2022-07-02
Operating Activities
Net Income 240,217,000 240,217,000 498,699,000 770,828,000 692,379,000
Depreciation & Amortization 125,195,000 125,195,000 140,504,000 143,005,000 155,207,000
Stock Based Compensation 36,399,000 36,399,000 33,496,000 38,781,000 36,738,000
Change in Working Capital 402,163,000 402,163,000 11,234,000 -1,681,399,000 -1,085,237,000
Operating Cash Flow 724,504,000 724,504,000 689,984,000 -713,703,000 -219,310,000
Investing Activities
Capital Expenditure -147,474,000 -147,474,000 -226,478,000 -194,674,000 -48,900,000
Investments -147,474,000 -147,474,000 -226,478,000 -194,674,000 -48,900,000
Investing Cash Flow -137,127,000 -137,127,000 -225,484,000 -211,551,000 51,299,000
Financing Activities
Debt Repayment -274,850,000 -274,850,000 -156,486,000 -1,388,590,000 -354,336,000
Common Stock Issued/Repurchased -303,490,000 -303,490,000 -162,723,000 -1,610,320,000 -184,382,000
Dividends Paid -113,310,000 -113,310,000 -111,963,000 -106,325,000 -98,490,000
Financing Cash Flow -693,526,000 -693,526,000 -433,799,000 1,054,756,000 156,059,000
Summary
Free Cash Flow 577,030,000 577,030,000 463,506,000 -908,377,000 -268,210,000
Net Change in Cash -118,513,000 -118,513,000 22,711,000 134,537,000 -45,998,000