Avnet vs Ingram Micro Holding
Ingram Micro Holding is the larger business, with $52.56bn of revenue in fiscal 2025 against $27.63bn for Avnet (1.9 times as much). Avnet grew faster (24.5% against 9.5%). Avnet kept more of each dollar of sales as profit: a net margin of 1.2% against 0.6%. Avnet carries less debt relative to equity (64.4% against 75.3%).
| Latest fiscal year | AvnetAVT, 2026 | Ingram Micro HoldingINGM, 2025 |
|---|---|---|
| Revenue | $27.63bn | $52.56bn |
| Revenue growth | 24.5% | 9.5% |
| Net income | $334m | $328m |
| Operating margin | 2.6% | 1.7% |
| Net margin | 1.2% | 0.6% |
| Return on equity | 6.7% | 8.2% |
| Free cash flow | −$354m | $785m |
| Cash | $155m | $1.86bn |
| Total debt | $3.23bn | $3.20bn |
| Debt to equity | 64.4% | 75.3% |
| Dividend per share | $1.40 | $0.31 |
| Dividend yield | 1.6% | 1.3% |
| Share buybacks | $138m | — |
| Employees | 15,040 | 22,200 |
| Market value | $7.43bn | $6.21bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 31 (Weak) | — |
| Insider trades, 12 months | 1 buys, 9 sales | 0 buys, 8 sales |