Avnet vs CDW
Avnet is the larger business, with $27.63bn of revenue in fiscal 2026 against $22.42bn for CDW (1.2 times as much). Avnet grew faster (24.5% against 6.8%). CDW kept more of each dollar of sales as profit: a net margin of 4.8% against 1.2%.
| Latest fiscal year | AvnetAVT, 2026 | CDWCDW, 2025 |
|---|---|---|
| Revenue | $27.63bn | $22.42bn |
| Revenue growth | 24.5% | 6.8% |
| Net income | $334m | $1.07bn |
| Operating margin | 2.6% | — |
| Net margin | 1.2% | 4.8% |
| Return on equity | 6.7% | 43.0% |
| Free cash flow | −$354m | $1.09bn |
| Cash | $155m | $619m |
| Total debt | $3.23bn | $5.66bn |
| Debt to equity | 64.4% | — |
| Dividend per share | $1.40 | $2.50 |
| Dividend yield | 1.6% | 1.7% |
| Share buybacks | $138m | $653m |
| Employees | 15,040 | — |
| Market value | $7.43bn | $18.41bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 31 (Weak) | 58 (Moderate) |
| Insider trades, 12 months | 1 buys, 9 sales | 2 buys, 2 sales |