Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.7B | $17.4B | $19.0B | $19.5B | $17.6B | $19.5B | $24.3B | $26.5B | $23.8B | $22.2B |
| Revenue growth | — | 4.2% | 9.2% | 2.5% | -9.7% | 10.8% | 24.4% | 9.2% | -10.5% | -6.6% |
| Gross profit | $2.08B | $2.37B | $2.53B | $2.49B | $2.06B | $2.24B | $2.97B | $3.18B | $2.77B | $2.38B |
| Gross margin | 12.4% | 13.6% | 13.3% | 12.7% | 11.7% | 11.5% | 12.2% | 12.0% | 11.6% | 10.7% |
| Operating income | $573M | $444M | $209M | $366M | -$4.63M | $281M | $939M | $1.19B | $844M | $514M |
| Operating margin | 3.4% | 2.5% | 1.1% | 1.9% | -0.0% | 1.4% | 3.9% | 4.5% | 3.6% | 2.3% |
| Net income | $507M | $525M | -$156M | $176M | -$31.1M | $193M | $692M | $771M | $499M | $240M |
| Net margin | 3.0% | 3.0% | -0.8% | 0.9% | -0.2% | 1.0% | 2.8% | 2.9% | 2.1% | 1.1% |
| EPS (diluted) | $3.80 | $4.08 | -$1.30 | $1.59 | -$0.31 | $1.93 | $6.94 | $8.26 | $5.43 | $2.75 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $224M | -$369M | $253M | $535M | $730M | $90.9M | -$219M | -$714M | $690M | $725M |
| Capital expenditures | $137M | $120M | $156M | $123M | $73.5M | $50.4M | $48.9M | $195M | $226M | $147M |
| Free cash flow | $86.9M | -$489M | $97.6M | $412M | $657M | $40.6M | -$268M | -$908M | $464M | $577M |
| Share buybacks | $381M | $276M | $324M | $569M | $238M | — | $184M | $222M | $163M | $303M |
| Dividends paid | $88.6M | $88.7M | $88.3M | $87.2M | $84.0M | $84.3M | $98.5M | $106M | $112M | $113M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.03B | $836M | $621M | $546M | $477M | $200M | $154M | $288M | $311M | $192M |
| Total assets | $11.2B | $9.70B | $9.60B | $8.56B | $8.11B | $8.93B | $10.4B | $12.5B | $12.2B | $12.1B |
| Total liabilities | $6.55B | $4.52B | $4.91B | $4.42B | $4.38B | $4.84B | $6.20B | $7.73B | $7.28B | $7.11B |
| Long-term debt | $1.34B | $1.73B | $1.49B | $1.42B | $1.42B | $1.19B | $1.44B | $2.99B | $2.41B | $2.57B |
| Shareholders' equity | $4.69B | $5.18B | $4.69B | $4.14B | $3.73B | $4.08B | $4.19B | $4.75B | $4.93B | $5.01B |
| Retained earnings | $3.63B | $3.80B | $3.24B | $2.77B | $2.42B | $2.52B | $2.92B | $3.38B | $3.60B | $3.43B |
| Shares (wtd avg diluted) | 133M | 129M | 120M | 111M | 100M | 100M | 99.8M | 93.4M | 91.8M | 87.4M |
Every figure is extracted from AVNET INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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