Avnet Inc (AVT)
Net profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 240,217 | 316,794 | 317,709 | 348,387 | 498,699 | 571,289 | 669,881 | 795,836 | 770,829 | 862,396 | 858,387 | 765,322 | 692,379 | 530,911 | 454,978 | 323,320 | 193,113 | 159,919 | -76,226 | -91,721 |
| Revenue (ttm) | US$ in thousands | 22,200,750 | 22,145,930 | 22,484,100 | 23,025,630 | 23,757,130 | 24,748,760 | 25,609,790 | 26,122,400 | 26,536,880 | 26,354,920 | 26,328,440 | 25,476,140 | 24,310,710 | 23,164,790 | 21,593,360 | 20,396,310 | 19,534,670 | 18,467,640 | 17,860,750 | 17,727,390 |
| Net profit margin | 1.08% | 1.43% | 1.41% | 1.51% | 2.10% | 2.31% | 2.62% | 3.05% | 2.90% | 3.27% | 3.26% | 3.00% | 2.85% | 2.29% | 2.11% | 1.59% | 0.99% | 0.87% | -0.43% | -0.52% |
June 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $240,217K ÷ $22,200,750K
= 1.08%
The net profit margin of Avnet Inc. has exhibited notable fluctuations over the analyzed period. Starting from a negative margin of -0.52% as of September 30, 2020, the company's profitability improved progressively, turning positive by March 31, 2021, with a margin of 0.87%. This upward trend continued into the following periods, reaching a peak of 3.27% on March 31, 2023. Subsequently, a slight decline was observed, with the margin decreasing to 2.90% in June 2023 and further to 3.05% in September 2023.
The most recent data indicates a downward trajectory, with the net profit margin falling to 2.62% at the end of December 2023. This decline persisted into early 2024, with the margin decreasing to 2.31% in March and further to 2.10% in June 2024. The downward trend continued into September 2024, reaching 1.51%, and persisted through December 2024 at 1.41%. Early 2025 data shows a slight uptick to 1.43% in March, but it declined again to 1.08% by June 2025.
Overall, Avnet Inc. has transitioned from negative profitability at the onset of the period to positive margins, peaking in early 2023, followed by a gradual decline over the subsequent periods. The recent trend suggests a contraction in net profitability, which may warrant further analysis to identify underlying causes such as margin compression, increased costs, or macroeconomic factors affecting performance.
Peer comparison
Jun 30, 2025