Flagship explainer

What drives AVNET, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity5%Tax burden96%net income ÷ pretax incomeInterest burden49%pretax ÷ operating incomeOperating margin2%operating income ÷ revenueAsset turnover1.83×revenue ÷ average assetsEquity multiplier2.45×average assets ÷ average equityAs of 2025-06-28 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$240MFY2025
Income before tax$251MFY2025
Operating income$514MFY2025
$22.2BFY2025
Ending assets$12.1BFY2025
Beginning assets$12.2BFY2024
$5.0BFY2025
$4.9BFY2024
Source: · event Jun 28, 2025 · retrieved Jul 26, 2026 · annual-row source set
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