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Avnet (AVT) 5-Year ROIIC % : 11.24% (As of Jun. 2024)


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What is Avnet 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Avnet's 5-Year ROIIC % for the quarter that ended in Jun. 2024 was 11.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Avnet's 5-Year ROIIC % or its related term are showing as below:

AVT's 5-Year ROIIC % is ranked better than
64.89% of 2344 companies
in the Hardware industry
Industry Median: 2.8 vs AVT: 11.24

Avnet 5-Year ROIIC % Historical Data

The historical data trend for Avnet's 5-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avnet 5-Year ROIIC % Chart

Avnet Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.30 3.91 924.10 78.32 11.24

Avnet Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
5-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 11.24 -

Competitive Comparison of Avnet's 5-Year ROIIC %

For the Electronics & Computer Distribution subindustry, Avnet's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avnet's 5-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Avnet's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Avnet's 5-Year ROIIC % falls into.



Avnet 5-Year ROIIC % Calculation

Avnet's 5-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 707.4881296 (Jun. 2024) - 455.7144303 (Jun. 2019) )/( 7979.641 (Jun. 2024) - 5740.413 (Jun. 2019) )
=251.7736993/2239.228
=11.24%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Avnet  (NAS:AVT) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Avnet 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Avnet's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Avnet Business Description

Traded in Other Exchanges
Address
2211 South 47th Street, Phoenix, AZ, USA, 85034
Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.
Executives
James A Lawrence director 2211 S 47TH ST, PHOENIX AZ 85034
Elizabeth Mcmullen officer: Global VP - Operations 2211 S 47TH ST, PHOENIX AZ 85034
Leng Jin Chan officer: CIO 2211 S 47TH ST, PHOENIX AZ 85034
Ken E. Arnold officer: SVP, Chief People Officer 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Philip R Gallagher officer: Senior Vice President C/O AVNET, INC., 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Carlo Bozotti director 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Rebeca Obregon-jimenez officer: SVP 3748 E MARE COURT, PHOENIX AZ 85044
Thomas Liguori officer: Chief Financial Officer ADVANCED ENERGY INDUSTRIES, INC., 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
William H Schumann director 200 E RANDOLPH DRIVE, CHICAGO IL 60601
Ernest E Maddock director LAM RESEARCH, 4650 CUSHING PARKWAY, FREMONT CA 94538
Kenneth A Jacobson officer: Interim CFO 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Dayna Badhorn officer: Global VP, Strategic Planning 2211 S 47TH ST, PHOENIX AZ 85034
Oleg Khaykin director
Maryann G. Miller officer: Sr. Vice President C/O AVNET, INC., 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Michael Ryan Mccoy officer: SVP, General Counsel 2211 SOUTH 47TH STREET, PHOENIX AZ 85034