Avnet (AVT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Avnet

NasdaqGS•Technology•Electronics & Computer Distribution

$92.73+0.09(<0.01%)Pre-market

Market Cap

$7.90B

P/E

23.6x

P/S

0.3x

P/B

1.6x

Avnet, Inc., engages in the distribution of electronic component technology in the Americas, Europe, the Middle East, Africa, and Asia/Pacific. The company operates through two segments, Electronic Components and Farnell. It markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated and embedded components from electronic component manufacturers. The company also offers design support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions which provides support, warehousing, and logistics services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, it provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions, as well as embedded display solutions comprising touch and passive displays; and develops and produces standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. The company serves various markets, such as engineering, product prototyping, integration, and other value-added services in the medical, telecommunications, industrial, and digital editing. Further, it distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. The company was founded in 1921 and is headquartered in Phoenix, Arizona.

How this company scores

GoodMetricSide Score: 61/100

Strongest: Growth (24/25); weakest: Profitability (7/25).

Profitability7/25

Growth24/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality13/25

Strengths

Growing revenueRising earningsLow leverageCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 23.6x5y range 4.4x – 23.6x

Currently above its 20-quarter median.

P/S · 0.3x5y range 0.1x – 0.3x

Currently above its 20-quarter median.

P/B · 1.6x5y range 0.8x – 1.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Cash Burn

Watch

FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $7.90B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $27.63B
Q. Revenue: $8.30B
TTM EBITDA: $801.57M
TTM Op. Income: $724.78M
Q. Op. Income: $231.02M
TTM Net Income: $334.39M
Q. Net Income: $126.58M
EPS: $1.54
Shares Out.: $82.18M

$27.63B in TTM revenue grew 24.5% YoY, reaching $8.30B last quarter. TTM EBITDA of $801.57M and TTM operating income of $724.78M show growth is flowing through to the bottom line. TTM net income of $334.39M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 10.4%
EBITDA Margin: 3.1%
Op. Margin: 2.8%
Net Margin: 1.5%

Op. margin of 2.8% is up 1.5% YoY — cost efficiency is improving. Net margin at 1.5% and gross margin of 10.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 113% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 23.6x
P/S Ratio: 0.3x
P/B Ratio: 1.6x

At 23.6x P/E, the stock trades within typical market levels. P/S of 0.3x and P/B of 1.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 5 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $15.43B
Cash: $155.40M
Long-Term Debt: $2.48B
Book Value: $5.02B
D/E Ratio: 0.5
Debt/EBITDA: 9.8

With $15.43B in assets and $2.48B in long-term debt, D/E is 0.5and book value is $5.02B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-290.74M
TTM Free Cash Flow: $-354.50M
FCF Margin: -1.3%
FCF / Net Income: -1.1

TTM FCF of $-354.50M on $-290.74M in operating cash flow. The FCF / Net Income ratio of -1.1x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 6 consecutive quarters — a weakening trend.