Avnet (AVT) Tax Rate (2009 - 2026)

Avnet (AVT) reported 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.

Avnet (AVT) Tax Rate (2009 - 2026) Analysis & Trends

Avnet (AVT) has 18 years of Tax Rate data on file, last reported at 32.89% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 32.89%, up 4540.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 32.03% (up 2399.0% YoY), and the FY2025 annual result was 4.13%, down 1699.0% from the prior year.
  • Tax Rate grew to 32.89% in Q1 2026 per AVT's latest filing, from 31.34% in the prior quarter.
  • Over five years, Tax Rate peaked at 32.89% in Q1 2026 and troughed at 12.51% in Q1 2025.
  • A 5-year average of 20.03% and a median of 21.68% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2025: Tax Rate surged 7933 bps in 2022, then slumped 2537 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 19.55% in 2022, then increased by 19 bps to 23.2% in 2023, then sank by 86 bps to 3.36% in 2024, then surged by 834 bps to 31.34% in 2025, then advanced 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Td Synnex 22.21 Bn 20.64 Bn 1.25 Bn 22.61
2 Arrow Electronics 11.40 Bn 11.19 Bn 1.09 Bn 23.18
3 Avnet 7.25 Bn 7.04 Bn 739.06 Mn 32.89
4 Insight Enterprises 3.40 Bn 2.96 Bn 462.15 Mn 39.38
5 Pc Connection 1.80 Bn 1.39 Bn 132.74 Mn 26.98
6 Scansource 1.08 Bn 954.90 Mn 107.12 Mn 29.80
7 Climb Global Solutions 422.06 Mn 380.29 Mn 26.50 Mn 19.18
8 Iczoom 5.33 Mn -3.05 Mn - -
9 Surge Components - - 2.41 Mn -103.13

Historic Data

Download Data
DateValue
Mar 28, 2026 32.89%
Mar 28, 2026 32.89%
Dec 27, 2025 31.34%
Dec 27, 2025 31.34%
Sep 27, 2025 32.63%
Sep 27, 2025 32.63%
Jun 28, 2025 17.76%
Jun 28, 2025 17.76%
Mar 29, 2025 -12.51%
Mar 29, 2025 -12.51%
Dec 28, 2024 3.36%
Dec 28, 2024 3.36%
Sep 28, 2024 21.12%
Sep 28, 2024 21.12%
Jun 29, 2024 18.41%
Jun 29, 2024 18.41%
Mar 30, 2024 12.86%
Mar 30, 2024 12.86%
Dec 30, 2023 23.20%
Dec 30, 2023 23.20%