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Avnet Inc. (AVT) Fundamental Analysis & AI Grade 2026

AVT Nasdaq Wholesale-Electronic Parts & Equipment, NEC NY CIK: 0000008858
Update Pending • Analysis: May 6, 2026 • SEC Data: 2026-03-28
Combined AI Grade
C
78% Confidence
STRONG AGREEMENT
C
78% Conf
C
78% Conf

📊 AVT Key Takeaways

Revenue: $19.3B
Net Margin: 1.1%
Free Cash Flow: $-47.0M
Current Ratio: 2.01x
Debt/Equity: 0.50x
EPS: $2.49
AI Grade: C with 78% confidence
Avnet Inc. (AVT) receives a C fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $19.3B, net profit margin of 1.1%, and return on equity (ROE) of 4.2%, Avnet Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete AVT stock analysis for 2026.

Is Avnet Inc. (AVT) a Good Investment?

Claude

Avnet exhibits concerning fundamental weaknesses including negative free cash flow of -$47M, extremely thin operating margins of 2.6%, and poor capital returns (ROE 4.2%, ROA 1.5%), indicating a capital-intensive distribution model with insufficient profitability. Weak interest coverage of 1.7x combined with minimal operating cash flow generation ($9.8M on $19.3B revenue) raises sustainability concerns despite moderate leverage ratios.

ChatGPT

Avnet's fundamentals look pressured: profitability is thin across the board, free cash flow generation is minimal, and interest coverage of 1.0x leaves little room for earnings volatility. The balance sheet is not distressed given solid liquidity and moderate debt-to-equity, but the combination of weak margins, low returns on capital, and limited cash generation points to low-quality earnings and elevated downside risk if operating conditions soften further.

Avnet Inc. Key Strengths (AVT)

Claude
  • + Adequate current ratio of 2.01x provides near-term liquidity cushion
  • + Moderate leverage with debt-to-equity of 0.50x limits financial distress risk
  • + Large asset base of $13.5B provides operational stability for wholesale distributor
ChatGPT
  • + Solid near-term liquidity with a 2.07x current ratio and 1.07x quick ratio
  • + Moderate leverage profile with debt-to-equity at 0.50x
  • + Large revenue base and positive operating income indicate the core business remains profitable

AVT Stock Risks: Avnet Inc. Investment Risks

Claude
  • ! Negative free cash flow indicates business is not self-sustaining and consuming capital
  • ! Extremely thin net margin of 1.1% leaves no buffer for revenue fluctuations or operational stress
  • ! Weak interest coverage ratio of 1.7x creates debt service vulnerability to operational deterioration
  • ! Operating cash flow of only $9.8M on $19.3B revenue (0.05% margin) indicates poor cash generation relative to scale
  • ! Low return on equity and assets suggest capital is not deployed efficiently
ChatGPT
  • ! Very weak profitability with 10.5% gross margin, 2.4% operating margin, and 0.9% net margin
  • ! Interest coverage of 1.0x suggests limited cushion to service debt from operating earnings
  • ! Free cash flow is extremely thin at $23.72M, indicating weak cash conversion and limited financial flexibility

Key Metrics to Watch

Claude
  • * Free cash flow trend and return to positive territory
  • * Operating margin expansion and gross margin sustainability
  • * Operating cash flow generation relative to revenue
  • * Interest coverage improvement and debt reduction progress
  • * Return on invested capital trends
ChatGPT
  • * Operating margin and interest coverage
  • * Free cash flow and operating cash flow conversion

Avnet Inc. (AVT) Financial Metrics & Key Ratios

Revenue
$19.3B
Net Income
$207.8M
EPS (Diluted)
$2.49
Free Cash Flow
$-47.0M
Total Assets
$13.5B
Cash Position
$202.4M

💡 AI Analyst Insight

Strong liquidity with a 2.01x current ratio provides a solid financial cushion.

AVT Profit Margin, ROE & Profitability Analysis

Gross Margin 10.4%
Operating Margin 2.6%
Net Margin 1.1%
ROE 4.2%
ROA 1.5%
FCF Margin -0.2%

AVT vs Technology Sector: How Avnet Inc. Compares

How Avnet Inc. compares to Technology sector averages

Net Margin
AVT 1.1%
vs
Sector Avg 18.0%
AVT Sector
ROE
AVT 4.2%
vs
Sector Avg 22.0%
AVT Sector
Current Ratio
AVT 2.0x
vs
Sector Avg 2.5x
AVT Sector
Debt/Equity
AVT 0.5x
vs
Sector Avg 0.5x
AVT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Avnet Inc. Stock Overvalued? AVT Valuation Analysis 2026

Based on fundamental analysis, Avnet Inc. shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
4.2%
Sector avg: 22%
Net Profit Margin
1.1%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.50x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Avnet Inc. Balance Sheet: AVT Debt, Cash & Liquidity

Current Ratio
2.01x
Quick Ratio
1.05x
Debt/Equity
0.50x
Debt/Assets
63.3%
Interest Coverage
1.75x
Long-term Debt
$2.5B

AVT Revenue & Earnings Growth: 5-Year Financial Trend

AVT 5-year financial data: Year 2021: Revenue $19.5B, Net Income $176.3M, EPS $1.59. Year 2022: Revenue $24.3B, Net Income -$31.1M, EPS $-0.31. Year 2023: Revenue $26.5B, Net Income $193.1M, EPS $1.93. Year 2024: Revenue $26.5B, Net Income $692.4M, EPS $6.94. Year 2025: Revenue $26.5B, Net Income $770.8M, EPS $8.26.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Avnet Inc.'s revenue has grown significantly by 36% over the 5-year period, indicating strong business expansion. The most recent EPS of $8.26 reflects profitable operations.

AVT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-0.2%
Free cash flow / Revenue

AVT Quarterly Earnings & Performance

Quarterly financial performance data for Avnet Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $5.3B $51.7M $1.01
Q2 2026 $5.7B $51.7M $0.75
Q1 2026 $5.6B $51.7M $0.61
Q3 2025 $5.3B $59.0M $0.97
Q2 2025 $5.7B $59.0M $0.99
Q1 2025 $5.6B $59.0M $0.66
Q3 2024 $5.7B $88.8M $0.97
Q2 2024 $6.2B $117.9M $1.28

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Avnet Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$9.8M
Cash generated from operations
Stock Buybacks
$138.3M
Shares repurchased (TTM)
Capital Expenditures
$56.8M
Investment in assets
Dividends Paid
$85.6M
Returned to shareholders

AVT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Avnet Inc. (CIK: 0000008858)

📋 Recent SEC Filings

Date Form Document Action
May 26, 2026 4 xslF345X06/form4.xml View →
May 6, 2026 4 xslF345X06/form4.xml View →
May 1, 2026 10-Q avt-20260328x10q.htm View →
Apr 29, 2026 8-K avt-20260429x8k.htm View →
Apr 2, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about AVT

What is the AI rating for AVT?

Avnet Inc. (AVT) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AVT's key strengths?

Claude: Adequate current ratio of 2.01x provides near-term liquidity cushion. Moderate leverage with debt-to-equity of 0.50x limits financial distress risk. ChatGPT: Solid near-term liquidity with a 2.07x current ratio and 1.07x quick ratio. Moderate leverage profile with debt-to-equity at 0.50x.

What are the risks of investing in AVT?

Claude: Negative free cash flow indicates business is not self-sustaining and consuming capital. Extremely thin net margin of 1.1% leaves no buffer for revenue fluctuations or operational stress. ChatGPT: Very weak profitability with 10.5% gross margin, 2.4% operating margin, and 0.9% net margin. Interest coverage of 1.0x suggests limited cushion to service debt from operating earnings.

What is AVT's revenue and growth?

Avnet Inc. reported revenue of $19.3B.

Does AVT pay dividends?

Avnet Inc. pays dividends, with $85.6M distributed to shareholders in the trailing twelve months.

Where can I find AVT SEC filings?

Official SEC filings for Avnet Inc. (CIK: 0000008858) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AVT's EPS?

Avnet Inc. has a diluted EPS of $2.49.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is AVT's fundamental grade?

Based on our AI fundamental analysis in June 2026, Avnet Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is AVT stock overvalued or undervalued?

Valuation metrics for AVT: ROE of 4.2% (sector avg: 22%), net margin of 1.1% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is AVT's AI grade for 2026?

Our dual AI analysis gives Avnet Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AVT's free cash flow?

Avnet Inc.'s operating cash flow is $9.8M, with capital expenditures of $56.8M. FCF margin is -0.2%.

How does AVT compare to other Technology stocks?

Vs Technology sector averages: Net margin 1.1% (avg: 18%), ROE 4.2% (avg: 22%), current ratio 2.01 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-28 | Powered by Claude AI