Avnet Historical Income Statement

AVT Stock

USD 54.23 0.61 1.11%

Historical analysis of Avnet income statement accounts such as Interest Expense of 268.7 M, Selling General Administrative of 1.3 B or Total Revenue of 14.6 B can show how well Avnet Inc performed in making a profits. Evaluating Avnet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Avnet's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Avnet Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Avnet Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

About Avnet Income Statement Analysis

Avnet Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Avnet shareholders. The income statement also shows Avnet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Avnet Income Statement Chart

At this time, Avnet's Operating Income is comparatively stable compared to the past year. Net Income is likely to gain to about 523.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.

Depreciation And Amortization Interest Expense Total Revenue Total Other Income Expense Net Tax Provision

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Avnet Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Avnet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Avnet Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

	2021	2022	2023	2024 (projected)
Gross Profit	3.0B	3.2B	2.8B	1.9B
Total Revenue	24.3B	26.5B	23.8B	14.6B

Gross Profit Total Revenue

Avnet income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Discontinued Operations	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.1	0.57	0.3	0.33	0.32	-0.2	-0.03	0.14	0.3	0.52	-0.28	-0.69	-0.37	-0.1	-0.6	0.7	-0.06	-0.33	-0.1	0.23	-0.3	0.12	0.77
Interest Expense	0.1		0.26	0.27	0.28	0.26	0.63	0.43	0.44	0.27	0.17	0.29	-0.53	0.4	0.2	0.17	-0.21	0.32	-0.4	0.25	-0.72	-0.44	-0.94	-0.28
Selling General Administrative	0.57	0.26		0.78	0.81	0.78	0.38	0.56	0.65	0.77	0.86	0.39	-0.29	0.29	0.3	0.03	0.27	-0.11	-0.12	0.08	0.19	-0.12	0.03	0.14
Total Revenue	0.3	0.27	0.78		0.99	1.0	0.69	0.85	0.89	1.0	0.95	0.75	0.0	0.61	0.49	0.44	-0.05	-0.23	-0.02	0.17	0.19	-0.02	-0.01	-0.2
Gross Profit	0.33	0.28	0.81	0.99		0.99	0.69	0.87	0.92	0.99	0.95	0.75	-0.05	0.61	0.55	0.41	0.0	-0.23	0.01	0.25	0.19	0.02	-0.01	-0.19
Other Operating Expenses	0.32	0.26	0.78	1.0	0.99		0.67	0.83	0.88	1.0	0.96	0.74	-0.01	0.59	0.47	0.43	-0.04	-0.24	-0.02	0.15	0.2	-0.03	0.0	-0.18
Operating Income	-0.2	0.63	0.38	0.69	0.69	0.67		0.89	0.84	0.68	0.48	0.88	0.03	0.89	0.53	0.76	-0.52	0.03	-0.1	0.35	-0.32	-0.15	-0.52	-0.66
Ebit	-0.03	0.43	0.56	0.85	0.87	0.83	0.89		0.99	0.84	0.68	0.94	0.06	0.79	0.72	0.7	-0.28	-0.02	0.0	0.51	0.04	-0.01	-0.28	-0.5
Ebitda	0.14	0.44	0.65	0.89	0.92	0.88	0.84	0.99		0.88	0.76	0.88	-0.05	0.72	0.7	0.59	-0.17	-0.02	-0.06	0.49	0.08	-0.06	-0.26	-0.37
Cost Of Revenue	0.3	0.27	0.77	1.0	0.99	1.0	0.68	0.84	0.88		0.95	0.75	0.0	0.61	0.48	0.44	-0.06	-0.23	-0.02	0.16	0.19	-0.03	-0.01	-0.2
Total Operating Expenses	0.52	0.17	0.86	0.95	0.95	0.96	0.48	0.68	0.76	0.95		0.53	-0.15	0.4	0.38	0.16	0.21	-0.3	0.01	0.07	0.25	0.02	0.14	0.05
Income Before Tax	-0.28	0.29	0.39	0.75	0.75	0.74	0.88	0.94	0.88	0.75	0.53		0.37	0.89	0.65	0.88	-0.56	-0.11	0.08	0.44	0.05	0.06	-0.2	-0.69
Total Other Income Expense Net	-0.69	-0.53	-0.29	0.0	-0.05	-0.01	0.03	0.06	-0.05	0.0	-0.15	0.37		0.35	0.1	0.59	-0.64	-0.36	0.45	-0.02	0.28	0.43	0.42	-0.53
Net Income	-0.37	0.4	0.29	0.61	0.61	0.59	0.89	0.79	0.72	0.61	0.4	0.89	0.35		0.36	0.87	-0.7	-0.33	0.25	0.17	-0.17	0.18	-0.31	-0.82
Income Tax Expense	-0.1	0.2	0.3	0.49	0.55	0.47	0.53	0.72	0.7	0.48	0.38	0.65	0.1	0.36		0.35	-0.03	0.24	-0.05	0.88	-0.01	0.03	-0.14	-0.26
Net Income From Continuing Ops	-0.6	0.17	0.03	0.44	0.41	0.43	0.76	0.7	0.59	0.44	0.16	0.88	0.59	0.87	0.35		-0.82	-0.11	0.16	0.22	0.01	0.09	-0.21	-0.85
Non Recurring	0.7	-0.21	0.27	-0.05	0.0	-0.04	-0.52	-0.28	-0.17	-0.06	0.21	-0.56	-0.64	-0.7	-0.03	-0.82		0.14	-0.09	0.0	0.3	0.0	0.33	0.81
Non Operating Income Net Other	-0.06	0.32	-0.11	-0.23	-0.23	-0.24	0.03	-0.02	-0.02	-0.23	-0.3	-0.11	-0.36	-0.33	0.24	-0.11	0.14		-0.76	0.44	-0.29	-0.71	-0.44	0.17
Discontinued Operations	-0.33	-0.4	-0.12	-0.02	0.01	-0.02	-0.1	0.0	-0.06	-0.02	0.01	0.08	0.45	0.25	-0.05	0.16	-0.09	-0.76		-0.19	0.28	0.99	0.4	-0.34
Tax Provision	-0.1	0.25	0.08	0.17	0.25	0.15	0.35	0.51	0.49	0.16	0.07	0.44	-0.02	0.17	0.88	0.22	0.0	0.44	-0.19		-0.09	-0.1	-0.28	-0.2
Interest Income	0.23	-0.72	0.19	0.19	0.19	0.2	-0.32	0.04	0.08	0.19	0.25	0.05	0.28	-0.17	-0.01	0.01	0.3	-0.29	0.28	-0.09		0.31	0.76	0.3
Extraordinary Items	-0.3	-0.44	-0.12	-0.02	0.02	-0.03	-0.15	-0.01	-0.06	-0.03	0.02	0.06	0.43	0.18	0.03	0.09	0.0	-0.71	0.99	-0.1	0.31		0.44	-0.26
Net Interest Income	0.12	-0.94	0.03	-0.01	-0.01	0.0	-0.52	-0.28	-0.26	-0.01	0.14	-0.2	0.42	-0.31	-0.14	-0.21	0.33	-0.44	0.4	-0.28	0.76	0.44		0.35
Reconciled Depreciation	0.77	-0.28	0.14	-0.2	-0.19	-0.18	-0.66	-0.5	-0.37	-0.2	0.05	-0.69	-0.53	-0.82	-0.26	-0.85	0.81	0.17	-0.34	-0.2	0.3	-0.26	0.35

Click cells to compare fundamentals

Avnet Account Relationship Matchups

Avnet income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	242.9M	188.7M	155.2M	143.0M	140.5M	97.3M
Interest Expense	122.7M	89.5M	100.4M	250.9M	282.9M	268.7M
Selling General Administrative	1.8B	1.9B	2.0B	2.0B	1.9B	1.3B
Total Revenue	17.6B	19.5B	24.3B	26.5B	23.8B	14.6B
Gross Profit	2.1B	2.2B	3.0B	3.2B	2.8B	1.9B
Other Operating Expenses	17.4B	19.2B	23.3B	25.3B	22.9B	14.1B
Operating Income	220.6M	281.4M	939.0M	1.2B	896.9M	941.8M
Ebit	220.6M	262.4M	933.7M	1.2B	919.7M	504.6M
Ebitda	463.5M	451.1M	1.1B	1.4B	1.1B	601.9M
Cost Of Revenue	15.6B	17.3B	21.3B	23.4B	21.0B	12.7B
Total Operating Expenses	1.8B	1.9B	2.0B	2.0B	1.9B	1.4B
Income Before Tax	(128.1M)	172.9M	833.3M	982.9M	632.3M	322.1M
Total Other Income Expense Net	(348.7M)	(108.5M)	(105.7M)	(203.9M)	(264.7M)	(251.4M)
Net Income	(29.5M)	193.1M	692.4M	770.8M	498.7M	523.6M
Income Tax Expense	(98.6M)	(20.2M)	141.0M	212.0M	133.6M	105.1M
Net Income Applicable To Common Shares	(31.1M)	19.7B	692.4M	770.8M	886.5M	1.4B
Net Income From Continuing Ops	(29.5M)	193.1M	692.4M	770.8M	498.7M	327.8M
Non Recurring	226.0M	84.4M	5.3M	28.0M	32.2M	30.6M
Non Operating Income Net Other	(737K)	(19.0M)	(5.3M)	9.9M	8.9M	9.4M
Tax Provision	(98.6M)	(20.2M)	141.0M	212.0M	133.6M	103.2M
Net Interest Income	(122.7M)	(89.5M)	(100.4M)	(250.9M)	(282.9M)	(268.7M)
Reconciled Depreciation	242.9M	188.7M	155.2M	143.0M	140.5M	144.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Avnet Historical Income Statement

About Avnet Income Statement Analysis

Avnet Income Statement Chart

Depreciation And Amortization

Interest Expense

Total Revenue

Tax Provision

Avnet income statement Correlations

Avnet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avnet income statement Accounts

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Avnet Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Gross Profit	+ 0.99	Total Revenue
Other Operating Expenses	+ 0.99	Gross Profit
Cost Of Revenue	+ 0.99	Gross Profit

Net Interest Income	- 0.94	Interest Expense
Reconciled Depreciation	- 0.85	Net Income From Continuing Ops
Non Recurring	- 0.82	Net Income From Continuing Ops
Reconciled Depreciation	- 0.82	Net Income
Discontinued Operations	- 0.76	Non Operating Income Net Other
Interest Income	- 0.72	Interest Expense