Avnet Effective Tax Rate from 2010 to 2025

AVT Stock  USD 51.32  0.81  1.55%   
Avnet Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2025. From the period from 2010 to 2025, Avnet Effective Tax Rate quarterly data regression had r-value of  0.57 and coefficient of variation of  145.55. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
1.98491835
Current Value
2.08
Quarterly Volatility
0.62868049
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avnet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avnet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.3 M, Interest Expense of 241.9 M or Selling General Administrative of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0138 or PTB Ratio of 1.36. Avnet financial statements analysis is a perfect complement when working with Avnet Valuation or Volatility modules.
  
Check out the analysis of Avnet Correlation against competitors.

Latest Avnet's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Avnet Inc over the last few years. Effective Tax Rate is the average rate at which Avnet Inc pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Avnet total tax expenses by Avnet earnings before taxes. It is Avnet's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avnet's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Avnet Effective Tax Rate Regression Statistics

Arithmetic Mean0.43
Geometric Mean0.26
Coefficient Of Variation145.55
Mean Deviation0.40
Median0.22
Standard Deviation0.63
Sample Variance0.40
Range1.9284
R-Value0.57
Mean Square Error0.29
R-Squared0.32
Significance0.02
Slope0.07
Total Sum of Squares5.93

Avnet Effective Tax Rate History

2025 2.08
2024 1.98
2023 0.21
2017 0.22
2011 0.15
2010 0.43

About Avnet Financial Statements

Avnet shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Avnet investors may analyze each financial statement separately, they are all interrelated. The changes in Avnet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Avnet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Effective Tax Rate 1.98  2.08 

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Additional Tools for Avnet Stock Analysis

When running Avnet's price analysis, check to measure Avnet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avnet is operating at the current time. Most of Avnet's value examination focuses on studying past and present price action to predict the probability of Avnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avnet's price. Additionally, you may evaluate how the addition of Avnet to your portfolios can decrease your overall portfolio volatility.