Avnet Past Earnings Performance
Past criteria checks 2/6
Avnet has been growing earnings at an average annual rate of 49.7%, while the Electronic industry saw earnings growing at 3.4% annually. Revenues have been growing at an average rate of 8.5% per year. Avnet's return on equity is 13.4%, and it has net margins of 2.6%.
Key information
49.7%
Earnings growth rate
51.9%
EPS growth rate
| Electronic Industry Growth | 1.0% |
| Revenue growth rate | 8.5% |
| Return on equity | 13.4% |
| Net Margin | 2.6% |
| Next Earnings Update | 01 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Avnet makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Dec 23 | 25,610 | 670 | 1,976 | 0 |
| 30 Sep 23 | 26,122 | 796 | 1,996 | 0 |
| 01 Jul 23 | 26,537 | 771 | 1,985 | 0 |
| 01 Apr 23 | 26,355 | 862 | 1,937 | 0 |
| 31 Dec 22 | 26,328 | 858 | 1,952 | 0 |
| 01 Oct 22 | 25,476 | 765 | 1,969 | 0 |
| 02 Jul 22 | 24,311 | 692 | 1,978 | 0 |
| 02 Apr 22 | 23,165 | 531 | 1,982 | 0 |
| 01 Jan 22 | 21,593 | 455 | 1,934 | 0 |
| 02 Oct 21 | 20,396 | 323 | 1,876 | 0 |
| 03 Jul 21 | 19,535 | 193 | 1,862 | 0 |
| 03 Apr 21 | 18,468 | 160 | 1,806 | 0 |
| 02 Jan 21 | 17,861 | -76 | 1,822 | 0 |
| 03 Oct 20 | 17,727 | -92 | 1,845 | 0 |
| 27 Jun 20 | 17,634 | -31 | 1,831 | 0 |
| 28 Mar 20 | 18,156 | -118 | 1,847 | 0 |
| 28 Dec 19 | 18,545 | 105 | 1,833 | 0 |
| 28 Sep 19 | 19,059 | 138 | 1,838 | 0 |
| 29 Jun 19 | 19,519 | 176 | 1,855 | 0 |
| 30 Mar 19 | 19,897 | 273 | 1,894 | 0 |
| 29 Dec 18 | 19,993 | -138 | 1,935 | 0 |
| 29 Sep 18 | 19,466 | -118 | 1,947 | 0 |
| 30 Jun 18 | 19,037 | -143 | 1,973 | 0 |
| 31 Mar 18 | 18,584 | -127 | 1,974 | 0 |
| 30 Dec 17 | 18,231 | 278 | 1,952 | 0 |
| 30 Sep 17 | 17,983 | 254 | 1,904 | 0 |
| 01 Jul 17 | 17,440 | 263 | 1,771 | 0 |
| 01 Apr 17 | 16,803 | 262 | 1,642 | 0 |
| 31 Dec 16 | 16,443 | 280 | 1,524 | 0 |
| 01 Oct 16 | 16,330 | 350 | 1,447 | 0 |
| 02 Jul 16 | 16,741 | 391 | 1,460 | 0 |
| 02 Apr 16 | 19,568 | 478 | 1,656 | 0 |
| 02 Jan 16 | 22,223 | 491 | 1,849 | 0 |
| 03 Oct 15 | 25,614 | 553 | 2,068 | 0 |
| 27 Jun 15 | 17,655 | 485 | 1,515 | 0 |
| 28 Mar 15 | 28,177 | 599 | 2,318 | 0 |
| 27 Dec 14 | 28,124 | 592 | 2,356 | 0 |
| 27 Sep 14 | 27,994 | 553 | 2,381 | 0 |
| 28 Jun 14 | 27,500 | 546 | 2,341 | 0 |
| 29 Mar 14 | 27,042 | 485 | 2,285 | 0 |
| 28 Dec 13 | 26,657 | 458 | 2,252 | 0 |
| 28 Sep 13 | 25,934 | 470 | 2,201 | 0 |
| 29 Jun 13 | 25,459 | 450 | 2,204 | 0 |
Quality Earnings: VNI has high quality earnings.
Growing Profit Margin: VNI's current net profit margins (2.6%) are lower than last year (3.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VNI has become profitable over the past 5 years, growing earnings by 49.7% per year.
Accelerating Growth: VNI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VNI had negative earnings growth (-21.9%) over the past year, making it difficult to compare to the Electronic industry average (-16.8%).
Return on Equity
High ROE: VNI's Return on Equity (13.4%) is considered low.