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Segment information (Tables)
12 Months Ended
Jun. 28, 2025
Segment information  
Table of the reportable segments

Years Ended

 

    

June 28,

    

June 29,

    

July 1,

 

2025

2024

2023

 

(Millions)

 

Sales:

Electronic Components

$

20,755.0

$

22,160.0

$

24,802.6

Farnell

1,445.8

1,597.1

1,734.3

$

22,200.8

$

23,757.1

$

26,536.9

Significant Segment Expenses and Operating Income:

Electronic Components

Gross profit

$

2,008.3

$

2,312.4

$

2,612.4

Selling, general and administrative expenses

1,300.1

1,364.9

1,432.8

Electronic Components operating income

$

708.2

$

947.5

$

1,179.6

Farnell

Gross profit

$

376.7

$

454.0

$

569.8

Selling, general and administrative expenses

343.8

389.2

404.3

Premier Farnell operating income

$

32.8

$

64.8

$

165.5

Total reportable segment operating income

$

741.0

$

1,012.4

$

1,345.1

Corporate

Corporate expenses

$

(116.9)

$

(112.3)

$

(124.2)

Restructuring, integration, and other expenses

 

(108.3)

 

(52.6)

 

(28.0)

Amortization of acquired intangible assets and other

 

(1.5)

 

(3.1)

 

(6.1)

Total Avnet operating income

$

514.3

$

844.4

$

1,186.8

Assets:

Electronic Components

$

9,984.9

$

10,162.8

$

10,375.4

Farnell

 

1,742.4

 

1,707.9

 

1,659.0

Corporate

 

391.2

338.4

442.8

$

12,118.6

$

12,209.1

$

12,477.2

Capital expenditures:

Electronic Components

$

90.6

$

176.5

$

153.4

Farnell

 

21.4

 

49.9

 

41.2

Corporate

 

35.5

 

0.1

 

0.1

$

147.5

$

226.5

$

194.7

Depreciation & amortization expense:

Electronic Components

$

51.7

$

60.6

$

63.6

Farnell

 

19.8

 

26.0

 

24.8

Corporate

 

0.1

 

0.1

 

0.2

$

71.6

$

86.7

$

88.6

Sales, by geographic area:

Americas

$

5,300.0

$

5,919.2

$

6,807.7

EMEA

 

6,409.6

 

8,395.0

 

9,229.4

Asia

 

10,491.2

 

9,442.9

 

10,499.8

$

22,200.8

$

23,757.1

$

26,536.9

Property, plant and equipment, net, by geographic area:

Americas

$

154.9

$

109.7

$

105.3

EMEA

 

489.7

 

435.3

 

310.9

Asia

 

22.6

 

23.2

 

25.4

$

667.2

$

568.2

$

441.6

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

Sales by country are as follows:

Years Ended

June 28,

    

June 29,

    

July 1,

2025

2024

2023

(Millions)

Sales:

Taiwan

$

4,676.1

$

4,032.4

$

4,233.3

China (including Hong Kong)

3,520.5

3,206.7

3,395.8

Germany

2,242.2

3,240.3

3,892.2

Singapore

1,360.0

1,298.4

1,497.0

Belgium

1,233.8

1,422.6

1,549.6

Other

4,151.8

5,030.8

5,623.8

Total foreign

$

17,184.4

$

18,231.2

$

20,191.7

United States

$

5,016.4

$

5,525.9

$

6,345.2

Total

$

22,200.8

$

23,757.1

$

26,536.9

Property, plant and equipment, net, by country are as follows:

Years Ended

June 28,

    

June 29,

    

July 1,

2025

2024

2023

(Millions)

Property, plant and equipment, net:

Germany

$

366.5

$

307.7

$

196.0

United Kingdom

104.4

105.7

92.6

Belgium

13.5

14.0

15.5

Other

35.8

33.7

35.6

Total foreign

$

520.2

$

461.1

$

339.7

United States

$

147.0

$

107.1

$

101.9

Total

$

667.2

$

568.2

$

441.6