Avnet (AVT) Tax Rate (2009 - 2026)
Avnet (AVT) posted quarterly Tax Rate of 32.89% for Q1 2026, up 4540.0% year-over-year from 0.71% in Q1 2025, and up 4.97% quarter-over-quarter from 31.34% in Q4 2025.
Analysis
Avnet (AVT) Tax Rate (2009 - 2026) Analysis & Trends
Avnet (AVT) has reported Tax Rate for 18 consecutive years, with 32.89% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 4540.0% year-over-year to 32.89%; the TTM figure through Mar 2026 stood at 63.66% (up 5097.0% YoY), while the FY2025 annual figure was 43.86%, up 2020.0% from the prior year.
- Tax Rate improved to 32.89% in Q1 2026 per AVT's latest filing, from 31.34% in the prior quarter.
- Across five years, Tax Rate topped out at 1362.36% in Q2 2025 and bottomed at 12.51% in Q1 2025.
- Historically, Tax Rate has averaged 94.43% across 5 years, with a median of 23.13% in 2023.
- On a YoY basis, Tax Rate climbed as much as 132811 bps in 2025 and fell as far as 2537 bps in 2025.
- Avnet's Tax Rate stood at 19.55% in 2022, then rose by 19 bps to 23.2% in 2023, then slumped by 86 bps to 3.36% in 2024, then soared by 834 bps to 31.34% in 2025, then climbed by 5 bps to 32.89% in 2026.
- Business Quant data shows AVT's Tax Rate at 32.89% in Q1 2026, 31.34% in Q4 2025, and 32.63% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Td Synnex | 20.09 Bn | 19.00 Bn | 1.34 Bn | 22.29% |
| 2 | Arrow Electronics | 10.67 Bn | 10.42 Bn | 1.13 Bn | 22.74% |
| 3 | Avnet | 7.38 Bn | 7.22 Bn | 865.03 Mn | 20.97% |
| 4 | Insight Enterprises | 4.58 Bn | 4.22 Bn | 521.60 Mn | 27.04% |
| 5 | Pc Connection | 2.04 Bn | 1.70 Bn | 157.47 Mn | 27.16% |
| 6 | Scansource | 1.22 Bn | 1.13 Bn | 119.85 Mn | 23.01% |
| 7 | Climb Global Solutions | 500.40 Mn | 443.83 Mn | 30.16 Mn | 26.84% |
| 8 | Surge Components | 22.94 Mn | 7.91 Mn | 2.89 Mn | 28.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 20.97% |
| Mar 28, 2026 | 32.89% |
| Dec 27, 2025 | 31.34% |
| Sep 27, 2025 | 32.63% |
| Jun 28, 2025 | 1,362.36% |
| Mar 29, 2025 | -12.51% |
| Dec 28, 2024 | 3.36% |
| Sep 28, 2024 | 21.12% |
| Jun 29, 2024 | 34.25% |
| Mar 30, 2024 | 12.86% |
| Dec 30, 2023 | 23.20% |
| Sep 30, 2023 | 24.02% |
| Jul 1, 2023 | 36.05% |
| Apr 1, 2023 | 23.06% |
| Dec 31, 2022 | 19.55% |
| Oct 1, 2022 | 25.02% |
| Jul 2, 2022 | 22.00% |
| Apr 2, 2022 | 26.05% |
| Jan 1, 2022 | 21.36% |
| Oct 2, 2021 | 23.22% |