AVNET INC Annual Operating Margin in % from 2017 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Avnet Inc quarterly/annual Operating Margin history and growth rate from 2017 to 2024.
  • Avnet Inc Operating Margin for the quarter ending June 29, 2024 was 3.55 %, a 20.6% decline year-over-year.
  • Avnet Inc annual Operating Margin for 2024 was 3.55 %, a 20.6% decline from 2023.
  • Avnet Inc annual Operating Margin for 2023 was 4.47 %, a 15.8% increase from 2022.
  • Avnet Inc annual Operating Margin for 2022 was 3.86 %, a 168% increase from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 3.55 -0.92 -20.6% Jul 2, 2023 Jun 29, 2024
2023 4.47 +0.61 +15.8% Jul 3, 2022 Jul 1, 2023
2022 3.86 +2.42 +168% Jul 4, 2021 Jul 2, 2022
2021 1.44 Jun 28, 2020 Jul 3, 2021
2019 -0.03 -1.9 -101% Jun 30, 2019 Jun 27, 2020
2018 1.87 -0.67 -26.3% Jul 1, 2018 Jun 29, 2019
2017 2.54 Jul 3, 2016 Jul 1, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.