AVNET INC
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $334.4M | $240.2M | $498.7M | $770.8M | $692.4M | $193.1M | $-31.1M | $176.3M |
| Depreciation & Amortization | $76.8M | $71.6M | $86.7M | $88.6M | $102.3M | $131.9M | $182.2M | $180.8M |
| Depreciation | $75.3M | $70.2M | $83.6M | $82.6M | $87.4M | $90.9M | $101.1M | $97.2M |
| Amortization | — | — | — | $6.0M | $15.0M | $41.0M | $81.1M | $83.7M |
| Stock-Based Compensation | $48.7M | $36.4M | $33.5M | $38.8M | $36.7M | $29.3M | $26.8M | $30.1M |
| Net Cash from Operating Activities | $-280.9M | $724.5M | $690.0M | $-713.7M | $-219.3M | $90.9M | $730.2M | $534.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $73.6M | $147.5M | $226.5M | $194.7M | $48.9M | $50.4M | $73.5M | $122.7M |
| Business Acquisitions | — | — | — | — | — | $18.4M | $51.5M | $56.4M |
| Net Cash from Investing Activities | $-71.5M | $-137.1M | $-225.5M | $-211.6M | $51.3M | $-61.2M | $-135.0M | $-25.2M |
| Financing Activities | ||||||||
| Dividends Paid | $114.4M | $113.3M | $112.0M | $106.3M | $98.5M | $84.3M | $84.0M | $87.2M |
| Stock Repurchases | $138.3M | $303.5M | $162.7M | $221.7M | $184.4M | — | $237.8M | $568.7M |
| Net Cash from Financing Activities | $315.9M | $-693.5M | $-433.8M | $1.05B | $156.1M | $-314.0M | $-644.6M | $-582.7M |
| Net Change in Cash | $-37.0M | $-118.5M | $22.7M | $134.5M | $-46.0M | $-277.3M | $-69.1M | $-75.0M |
| Free Cash Flow | $-354.5M | $577.0M | $463.5M | $-908.4M | $-268.2M | $40.6M | $656.7M | $412.1M |