Avnet Inc (AVT)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,384,960 | 2,766,440 | 3,182,140 | 2,965,390 | 2,240,630 |
| Revenue | US$ in thousands | 22,200,800 | 23,757,100 | 26,536,900 | 24,310,700 | 19,534,700 |
| Gross profit margin | 10.74% | 11.64% | 11.99% | 12.20% | 11.47% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,384,960K ÷ $22,200,800K
= 10.74%
The gross profit margin of Avnet Inc. over the specified period demonstrates a fluctuating trend, with marginal variations observed across the five fiscal years ending June 30. As of June 30, 2021, the gross profit margin was 11.47%. It increased slightly the following year to reach 12.20% on June 30, 2022, indicating an improvement in gross profitability during that period. However, in the subsequent year ending June 30, 2023, the gross profit margin experienced a modest decline to 11.99%, reflecting a marginal contraction in gross margin efficiency.
The downward trend continues in the fiscal year ending June 30, 2024, with the margin decreasing further to 11.64%. This decline suggests potential pressures on cost management or changes in sales mix impacting gross profitability. The most recent data for June 30, 2025, indicates a more significant decrease to 10.74%, representing a notable contraction compared to prior years, possibly pointing to ongoing challenges affecting the company's gross profit margin.
Overall, the data indicates that while Avnet Inc. experienced some improvements between 2021 and 2022, it has generally seen a gradual decline in gross profit margins in subsequent years. This trend warrants attention to factors influencing gross profitability, such as changes in cost of goods sold, pricing strategies, or product mix alterations, which may be impacting overall profitability margins.
Peer comparison
Jun 30, 2025