Skip to content
Forensic Analysis · Durable-Goods Wholesale · as of Nov 9, 2026

Avnet Inc (AVT)

A forensic read on Avnet Inc built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

C · Mixed — selective
Forensic grade
Safe
Financial health
4.0
Distress distance
2
Forensic signals
6.7%
ROE
24.5%
Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Avnet Inc earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 4.0, placing it in the Safe zone. 2 forensic signals were flagged in its latest SEC filings, led by shareholder returns.

What the filings flag

FCF ($354M)
FY2026
Shareholder returns. Returned $253M to shareholders (buybacks + dividends) in FY2026, but free cash flow was ($354M) after capex — there was no free cash flow to fund the payout from at all, and operating cash flow itself was negative or zero that year too. The entire return is coming from debt or cash reserves, not cash the business itself generated — a harder case than returns merely running ahead of free cash flow, since here there was none to run ahead of.
6.3%
FY2026
Return on invested capital. Return on invested capital is 6.3% in the latest fiscal year and slipping across FY2024–FY2026 from 8.4%. After-tax operating profit was $666M in FY2024 and $518M in FY2026, with operating income at 3.6% of revenue in FY2024, 2.3% in FY2025 and 2.6% in FY2026. The capital base behind it went from $7.9B in FY2024 to $8.2B in FY2026 (+3%), while the revenue it carried went from $23.8B to $27.6B.

Key fundamentals

Latest Revenue$27.63B
Revenue Growth YoY+24.5%
Revenue CAGR (2yr)+7.8%
Net Margin1.2%
Free Cash Flow-$354.5M
Return on Equity6.7%
Debt / Equity0.64x

The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Avnet Inc's actual 10-K/10-Q/8-K filings?

Generate the AI investment read →

No credit card · informational only, not investment advice · see the track record

← Browse all forensic stock analyses

Data from SEC EDGAR public filings · metrics as of Nov 9, 2026. Forensic signals flag probability, not certainty.

See a wrong number? Report an error with the filing it should match.