Avnet
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Avnet's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 10% to $23,757,129,000. Profit margin reached 2%. Total operating expenses were $1,869,525,000.
Profit Margin
| 2015 | 27.92B | 571.91M | 2.05% |
|---|---|---|---|
| 2016 | 26.21B | 506.53M | 1.93% |
| 2017 | 17.43B | 525.27M | 3.01% |
| 2018 | 19.03B | -156.42M | -0.82% |
| 2019 | 19.51B | 176.33M | 0.9% |
| 2020 | 17.63B | -29.53M | -0.17% |
| 2021 | 19.53B | 193.11M | 0.99% |
| 2022 | 24.31B | 692.37M | 2.85% |
| 2023 | 26.53B | 770.82M | 2.9% |
| 2024 | 23.75B | 498.69M | 2.1% |
AVT Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 23.75B | 26.53B | 24.31B | 19.53B | 17.63B | 19.51B | 19.03B | 17.43B | 26.21B | 27.92B |
Cost of revenue | 20.99B | 23.35B | 21.34B | 17.29B | 15.57B | 17.03B | 16.50B | 15.07B | 23.18B | 24.73B |
Gross profit | 2.76B | 3.18B | 2.96B | 2.24B | 2.06B | 2.48B | 2.52B | 2.36B | 3.03B | 3.19B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.86B | 1.96B | 1.99B | 1.87B | 1.84B | 1.87B | 1.97B | 1.77B | 2.17B | 2.27B |
Operating income | 896.91M | 1.18B | 939.01M | 281.40M | 220.59M | 622.68M | 230.51M | 461.4M | 787.66M | 827.67M |
Other income (expenses), net | -264.65M | -203.92M | -105.67M | -108.47M | -348.70M | -380.41M | -309.47M | -150.99M | -97.42M | -114.70M |
Income before tax | 632.26M | 982.87M | 833.33M | 172.92M | -128.10M | 242.26M | 145.07M | 310.40M | 670.50M | 712.96M |
Income tax expense | 133.56M | 212.04M | 140.95M | -20.18M | -98.57M | 62.15M | 287.96M | 47.05M | 163.97M | 141.05M |
Net income | 498.69M | 770.82M | 692.37M | 193.11M | -29.53M | 176.33M | -156.42M | 525.27M | 506.53M | 571.91M |
Earnings per share | ||||||||||
Basic EPS | 5.51 | 8.37 | 7.02 | 1.95 | -0.29 | 1.61 | -1.3 | 4.13 | 3.87 | 4.18 |
Diluted EPS | 5.43 | 8.26 | 6.94 | 1.93 | -0.29 | 1.59 | -1.3 | 4.08 | 3.8 | 4.12 |
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