Avnet Past Earnings Performance

Past criteria checks 2/6

Avnet has been growing earnings at an average annual rate of 38%, while the Electronic industry saw earnings growing at 13.3% annually. Revenues have been growing at an average rate of 8.3% per year. Avnet's return on equity is 6.9%, and it has net margins of 1.5%.

Key information

38.0%

Earnings growth rate

39.6%

EPS growth rate

Electronic Industry Growth1.0%
Revenue growth rate8.3%
Return on equity6.9%
Net Margin1.5%
Last Earnings Update28 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Avnet makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:VNI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
28 Sep 2423,0263481,8070
29 Jun 2423,7574991,8540
30 Mar 2424,7495711,9470
30 Dec 2325,6106701,9760
30 Sep 2326,1227961,9960
01 Jul 2326,5377711,9850
01 Apr 2326,3558621,9370
31 Dec 2226,3288581,9520
01 Oct 2225,4767651,9690
02 Jul 2224,3116921,9780
02 Apr 2223,1655311,9820
01 Jan 2221,5934551,9340
02 Oct 2120,3963231,8760
03 Jul 2119,5351931,8620
03 Apr 2118,4681601,8060
02 Jan 2117,861-761,8220
03 Oct 2017,727-921,8450
27 Jun 2017,634-311,8310
28 Mar 2018,156-1181,8470
28 Dec 1918,5451051,8330
28 Sep 1919,0591381,8380
29 Jun 1919,5191761,8550
30 Mar 1919,8972731,8940
29 Dec 1819,993-1381,9350
29 Sep 1819,466-1181,9470
30 Jun 1819,037-1431,9730
31 Mar 1818,584-1271,9740
30 Dec 1718,2312781,9520
30 Sep 1717,9832541,9040
01 Jul 1717,4402631,7710
01 Apr 1716,8032621,6420
31 Dec 1616,4432801,5240
01 Oct 1616,3303501,4470
02 Jul 1616,7413911,4600
02 Apr 1619,5684781,6560
02 Jan 1622,2234911,8490
03 Oct 1525,6145532,0680
27 Jun 1517,6554851,5150
28 Mar 1528,1775992,3180
27 Dec 1428,1245922,3560
27 Sep 1427,9945532,3810
28 Jun 1427,5005462,3410
29 Mar 1427,0424852,2850

Quality Earnings: VNI has high quality earnings.

Growing Profit Margin: VNI's current net profit margins (1.5%) are lower than last year (3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VNI's earnings have grown significantly by 38% per year over the past 5 years.

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 (-56.2%) over the past year, making it difficult to compare to the Electronic industry average (-17.4%).


Return on Equity

High ROE: VNI's Return on Equity (6.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 13:56
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/28
Annual Earnings2024/06/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Avnet, Inc. is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Ruplu BhattacharyaBofA Global Research
Ananda BaruahBrean Capital