Avnet, Inc. (AVT) Financial Ratios
30 years of historical data (1996–2025) · Technology · Technology Distributors
EV/EBITDA
↓
13.60
↑+70% vs avg
5yr avg: 8.01
30Y Low5.4·High40.4
P/FCF
↓
12.98
↓-67% vs avg
5yr avg: 39.01
30Y Low2.5·High98.8
P/B Ratio
↓
1.60
↑+64% vs avg
5yr avg: 0.97
30Y Low0.7·High1.7
ROE
↓
4.8%
↑-55% vs avg
5yr avg: 10.8%
30Y Low-33%·High19%
Debt/EBITDA
↑
3.85
↑+33% vs avg
5yr avg: 2.90
30Y Low1.3·High16.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AVT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Avnet, Inc. trades at 33.3x earnings, 169% above its 5-year average of 12.3x, sitting at the 92nd percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 15%. On a free-cash-flow basis, the stock trades at 13.0x P/FCF, 67% below the 5-year average of 39.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.5B | $4.6B | $4.7B | $4.7B | $4.2B | $4.0B | $2.6B | $5.0B | $5.1B | $5.0B | $5.4B |
| Enterprise Value | $10.2B | $7.3B | $7.6B | $7.7B | $5.9B | $5.3B | $3.9B | $6.2B | $6.2B | $5.9B | $6.9B |
| P/E Ratio → | 33.26 | 19.30 | 9.48 | 6.11 | 6.09 | 20.74 | — | 28.47 | — | 9.53 | 10.66 |
| P/S Ratio | 0.34 | 0.21 | 0.20 | 0.18 | 0.17 | 0.21 | 0.15 | 0.26 | 0.27 | 0.29 | 0.32 |
| P/B Ratio | 1.60 | 0.93 | 0.96 | 0.99 | 1.01 | 0.98 | 0.70 | 1.21 | 1.10 | 0.97 | 1.15 |
| P/FCF | 12.98 | 8.04 | 10.20 | — | — | 98.80 | 3.98 | 12.17 | 52.69 | — | 70.28 |
| P/OCF | 10.34 | 6.40 | 6.85 | — | — | 44.09 | 3.58 | 9.38 | 20.29 | — | 24.05 |
P/E links to full P/E history page with 30-year chart
AVT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Avnet, Inc.'s enterprise value stands at 13.6x EBITDA, 70% above its 5-year average of 8.0x. The Technology sector median is 16.7x, placing the stock at a 19% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.33 | 0.32 | 0.29 | 0.24 | 0.27 | 0.22 | 0.32 | 0.32 | 0.34 | 0.41 |
| EV / EBITDA | 13.60 | 9.80 | 7.72 | 5.81 | 5.42 | 11.32 | 16.25 | 11.32 | 13.91 | 9.92 | 10.51 |
| EV / EBIT | 16.34 | 11.77 | 8.30 | 6.26 | 6.35 | 20.28 | — | 16.66 | 25.97 | 14.50 | 12.03 |
| EV / FCF | — | 12.69 | 16.39 | — | — | 131.14 | 5.90 | 15.02 | 63.27 | — | 89.30 |
AVT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Avnet, Inc. earns an operating margin of 2.8%. Operating margins have compressed from 4.5% to 2.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 4.8% is modest. ROIC of 6.0% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 10.7% | 10.7% | 11.6% | 12.0% | 12.2% | 11.5% | 11.7% | 12.7% | 13.3% | 13.6% | 12.4% |
| Operating Margin | 2.8% | 2.8% | 3.6% | 4.5% | 3.9% | 1.4% | -0.0% | 1.9% | 1.1% | 2.5% | 3.4% |
| Net Profit Margin | 1.1% | 1.1% | 2.1% | 2.9% | 2.8% | 1.0% | -0.2% | 0.9% | -0.8% | 3.0% | 3.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.8% | 4.8% | 10.3% | 17.2% | 16.7% | 4.9% | -0.8% | 4.0% | -3.2% | 10.6% | 10.8% |
| ROA | 2.0% | 2.0% | 4.0% | 6.7% | 7.2% | 2.3% | -0.4% | 1.9% | -1.6% | 5.0% | 4.6% |
| ROIC | 6.0% | 6.0% | 8.1% | 13.0% | 12.5% | 4.1% | -0.1% | 5.0% | 2.6% | 5.4% | 7.2% |
| ROCE | 7.9% | 7.9% | 10.6% | 16.5% | 15.6% | 4.8% | -0.1% | 5.8% | 3.0% | 6.6% | 8.9% |
AVT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Avnet, Inc. carries a Debt/EBITDA ratio of 3.8x, which is moderately leveraged (31% above the sector average of 2.9x). Net debt stands at $2.7B ($2.9B total debt minus $192M cash). Interest coverage of just 2.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.57 | 0.57 | 0.65 | 0.69 | 0.44 | 0.37 | 0.46 | 0.42 | 0.35 | 0.34 | 0.53 |
| Debt / EBITDA | 3.85 | 3.85 | 3.23 | 2.48 | 1.71 | 3.22 | 7.27 | 3.15 | 3.73 | 2.97 | 3.82 |
| Net Debt / Equity | — | 0.54 | 0.58 | 0.63 | 0.41 | 0.32 | 0.34 | 0.28 | 0.22 | 0.18 | 0.31 |
| Net Debt / EBITDA | 3.59 | 3.59 | 2.91 | 2.27 | 1.56 | 2.79 | 5.27 | 2.15 | 2.33 | 1.57 | 2.24 |
| Debt / FCF | — | 4.65 | 6.19 | — | — | 32.35 | 1.91 | 2.85 | 10.59 | — | 19.02 |
| Interest Coverage | 2.49 | 2.49 | 3.24 | 4.92 | 9.30 | 2.93 | -0.06 | 2.75 | 2.56 | 4.12 | 6.20 |
AVT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Avnet, Inc.'s current ratio of 2.43x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.16x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 2.53x to 2.43x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.43 | 2.43 | 2.32 | 2.53 | 2.09 | 2.34 | 2.78 | 2.67 | 2.56 | 3.07 | 1.82 |
| Quick Ratio | 1.16 | 1.16 | 1.10 | 1.24 | 1.09 | 1.29 | 1.58 | 1.50 | 1.50 | 1.92 | 1.24 |
| Cash Ratio | 0.05 | 0.05 | 0.07 | 0.07 | 0.04 | 0.07 | 0.21 | 0.21 | 0.21 | 0.46 | 0.21 |
| Asset Turnover | — | 1.83 | 1.95 | 2.13 | 2.34 | 2.19 | 2.16 | 2.28 | 1.98 | 1.80 | 1.49 |
| Inventory Turnover | 3.78 | 3.78 | 3.84 | 4.27 | 5.03 | 5.34 | 5.70 | 5.66 | 5.25 | 5.34 | 5.13 |
| Days Sales Outstanding | — | 71.15 | 67.47 | 65.52 | 64.58 | 66.82 | 60.61 | 59.25 | 69.81 | 69.85 | 60.39 |
AVT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Avnet, Inc. returns 5.5% to shareholders annually — split between a 1.4% dividend yield and 4.1% buyback yield. A payout ratio of 47.2% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 3.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.4% | 2.4% | 2.4% | 2.3% | 2.3% | 2.1% | 3.2% | 1.7% | 1.7% | 1.8% | 1.6% |
| Payout Ratio | 47.2% | 47.2% | 22.5% | 13.8% | 14.2% | 43.7% | — | 49.4% | — | 16.9% | 17.5% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.0% | 5.2% | 10.5% | 16.4% | 16.4% | 4.8% | — | 3.5% | — | 10.5% | 9.4% |
| FCF Yield | 7.7% | 12.4% | 9.8% | — | — | 1.0% | 25.1% | 8.2% | 1.9% | — | 1.4% |
| Buyback Yield | 4.1% | 6.5% | 3.4% | 4.7% | 4.4% | 0.0% | 9.1% | 11.3% | 6.3% | 5.5% | 7.1% |
| Total Shareholder Yield | 5.5% | 9.0% | 5.8% | 7.0% | 6.7% | 2.1% | 12.3% | 13.1% | 8.0% | 7.3% | 8.7% |
| Shares Outstanding | — | $87M | $92M | $93M | $100M | $100M | $100M | $111M | $120M | $129M | $133M |
Peer Comparison
Compare AVT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 AVTYou | $7B | 33.3 | 13.6 | 13.0 | 10.7% | 2.8% | 4.8% | 6.0% | 3.8 |
 ARW | $12B | 21.3 | 13.6 | — | 11.2% | 3.0% | 9.1% | 7.6% | 2.9 |
 SNX | $23B | 28.6 | 13.7 | 16.5 | 7.0% | 2.3% | 10.0% | 9.9% | 2.5 |
 WCC | $18B | 28.0 | 16.9 | 706.7 | 20.2% | 5.2% | 12.8% | 8.5% | 5.1 |
 NSIT | $3B | 22.3 | 9.3 | 11.7 | 21.4% | 4.6% | 9.2% | 10.3% | 3.3 |
 CDW | $16B | 15.9 | 11.3 | 15.1 | 21.7% | 7.4% | 43.0% | 15.4% | 3.2 |
 SCSC | $1B | 16.5 | 8.9 | 9.7 | 13.4% | 2.8% | 7.8% | 7.0% | 1.3 |
 DSGX | $6B | 35.3 | 16.5 | 21.7 | 65.9% | 32.3% | 11.2% | 14.9% | 0.0 |
 PLUS | $2B | 16.3 | 9.0 | — | 24.1% | 6.8% | 12.6% | 17.9% | 0.1 |
 TXN | $294B | 59.2 | 38.2 | 112.9 | 57.0% | 34.1% | 30.1% | 15.8% | 1.9 |
 ADI | $212B | 95.3 | 44.2 | 49.5 | 61.5% | 26.6% | 6.6% | 5.4% | 1.8 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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AVT — Frequently Asked Questions
Quick answers to the most common questions about buying AVT stock.
What is Avnet, Inc.'s P/E ratio?
Avnet, Inc.'s current P/E ratio is 33.3x. The historical average is 19.9x. This places it at the 92th percentile of its historical range.
What is Avnet, Inc.'s EV/EBITDA?
Avnet, Inc.'s current EV/EBITDA is 13.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.7x.
What is Avnet, Inc.'s ROE?
Avnet, Inc.'s return on equity (ROE) is 4.8%. The historical average is 6.6%.
Is AVT stock overvalued?
Based on historical data, Avnet, Inc. is trading at a P/E of 33.3x. This is at the 92th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Avnet, Inc.'s dividend yield?
Avnet, Inc.'s current dividend yield is 1.42% with a payout ratio of 47.2%.
What are Avnet, Inc.'s profit margins?
Avnet, Inc. has 10.7% gross margin and 2.8% operating margin.
How much debt does Avnet, Inc. have?
Avnet, Inc.'s Debt/EBITDA ratio is 3.8x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.