Avnet Inc (AVT)
Operating profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 622,570 | 896,917 | 1,186,800 | 939,011 | 281,408 |
| Revenue | US$ in thousands | 22,200,800 | 23,757,100 | 26,536,900 | 24,310,700 | 19,534,700 |
| Operating profit margin | 2.80% | 3.78% | 4.47% | 3.86% | 1.44% |
June 30, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $622,570K ÷ $22,200,800K
= 2.80%
The operating profit margin of Avnet Inc experienced a notable upward trend from June 30, 2021, through June 30, 2023. Specifically, it increased from 1.44% in 2021 to 3.86% in 2022, reflecting an improvement of approximately 2.42 percentage points. This growth suggests enhanced efficiency in generating operating profit from revenues during that period, possibly due to cost management strategies, better sales performance, or operational efficiencies.
The margin further improved in 2023 to 4.47%, representing an absolute increase of 0.61 percentage points over the previous year. This continuing upward trajectory indicates sustained operational improvements and a potentially more profitable core business operation.
However, after reaching its peak in 2023, the operating profit margin declined in subsequent periods. By June 30, 2024, the margin decreased to 3.78%, illustrating a reduction of 0.69 percentage points compared to the previous year. In 2025, the margin further declined to 2.80%, a decrease of 0.98 percentage points from 2024, signifying a substantial contraction in operating profitability.
Overall, the data depict a period of initial operational improvement culminating in 2023, followed by a decline over the subsequent two years. The fluctuations in operating profit margin could be attributable to various factors such as changes in revenue growth, cost structures, competitive pressures, or macroeconomic conditions impacting operational efficiency.
Peer comparison
Jun 30, 2025