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Side-by-side financial comparison of AVNET INC (AVT) and BANK OF NOVA SCOTIA (BNS). Click either name above to swap in a different company.

BANK OF NOVA SCOTIA is the larger business by last-quarter revenue ($7.0B vs $6.3B, roughly 1.1× AVNET INC). BANK OF NOVA SCOTIA runs the higher net margin — 23.8% vs 1.0%, a 22.9% gap on every dollar of revenue.

Avnet, Inc. is a distributor of electronic components headquartered in Phoenix, Arizona, named after Charles Avnet, who founded the company in 1921. After its start on Manhattan's Radio Row, the company became incorporated in 1955 and began trading on the New York Stock Exchange in 1961. On May 8, 2018, Avnet changed stock markets to Nasdaq, trading under the same ticker AVT.

The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third-largest Canadian bank by assets and deposits. In 2023, the company's seat in Forbes Global 2000 was 88. Scotiabank serves over 25 million customers globally, offering personal and commercial banking, wealth management, corporate and investment services. With 88,000 employees and assets of approxi...

AVT vs BNS — Head-to-Head

Bigger by revenue
BNS
BNS
1.1× larger
BNS
$7.0B
$6.3B
AVT
Higher net margin
BNS
BNS
22.9% more per $
BNS
23.8%
1.0%
AVT

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AVT
AVT
BNS
BNS
Revenue
$6.3B
$7.0B
Net Profit
$61.7M
$1.7B
Gross Margin
10.5%
Operating Margin
2.3%
Net Margin
1.0%
23.8%
Revenue YoY
11.6%
Net Profit YoY
-29.2%
EPS (diluted)
$0.75

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVT
AVT
BNS
BNS
Q1 26
$7.0B
Q4 25
$6.3B
$7.2B
Q3 25
$5.9B
$6.9B
Q2 25
$5.6B
$6.6B
Q1 25
$5.3B
Q4 24
$5.7B
Q3 24
$5.6B
Q2 24
$5.6B
Net Profit
AVT
AVT
BNS
BNS
Q1 26
$1.7B
Q4 25
$61.7M
$1.6B
Q3 25
$51.7M
$1.8B
Q2 25
$6.1M
$1.5B
Q1 25
$87.9M
Q4 24
$87.3M
Q3 24
$59.0M
Q2 24
$82.7M
Gross Margin
AVT
AVT
BNS
BNS
Q1 26
Q4 25
10.5%
Q3 25
10.4%
Q2 25
10.6%
Q1 25
11.1%
Q4 24
10.5%
Q3 24
10.8%
Q2 24
11.6%
Operating Margin
AVT
AVT
BNS
BNS
Q1 26
Q4 25
2.3%
Q3 25
2.4%
Q2 25
1.3%
Q1 25
2.7%
Q4 24
2.7%
Q3 24
2.5%
Q2 24
3.0%
Net Margin
AVT
AVT
BNS
BNS
Q1 26
23.8%
Q4 25
1.0%
22.5%
Q3 25
0.9%
26.6%
Q2 25
0.1%
22.4%
Q1 25
1.7%
Q4 24
1.5%
Q3 24
1.1%
Q2 24
1.5%
EPS (diluted)
AVT
AVT
BNS
BNS
Q1 26
Q4 25
$0.75
Q3 25
$0.61
Q2 25
$0.09
Q1 25
$1.01
Q4 24
$0.99
Q3 24
$0.66
Q2 24
$0.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVT
AVT
BNS
BNS
Cash + ST InvestmentsLiquidity on hand
$286.5M
$6.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.9B
$65.0B
Total Assets
$13.2B
$1077.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVT
AVT
BNS
BNS
Q1 26
$6.4B
Q4 25
$286.5M
Q3 25
$175.5M
$8.6B
Q2 25
$192.4M
$7.9B
Q1 25
$188.9M
Q4 24
$172.1M
Q3 24
$267.5M
Q2 24
$310.9M
Stockholders' Equity
AVT
AVT
BNS
BNS
Q1 26
$65.0B
Q4 25
$4.9B
Q3 25
$4.8B
$62.4B
Q2 25
$5.0B
$63.1B
Q1 25
$4.9B
Q4 24
$4.8B
Q3 24
$5.0B
Q2 24
$4.9B
Total Assets
AVT
AVT
BNS
BNS
Q1 26
$1077.5B
Q4 25
$13.2B
Q3 25
$12.4B
$1032.7B
Q2 25
$12.1B
$1033.3B
Q1 25
$11.7B
Q4 24
$11.9B
Q3 24
$12.6B
Q2 24
$12.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVT
AVT
BNS
BNS
Operating Cash FlowLast quarter
$208.2M
$9.4B
Free Cash FlowOCF − Capex
$192.9M
FCF MarginFCF / Revenue
3.1%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
3.37×
5.60×
TTM Free Cash FlowTrailing 4 quarters
$217.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVT
AVT
BNS
BNS
Q1 26
$9.4B
Q4 25
$208.2M
Q3 25
$-144.6M
$3.2B
Q2 25
$139.5M
$1.8B
Q1 25
$140.9M
Q4 24
$337.8M
Q3 24
$106.3M
Q2 24
$274.3M
Free Cash Flow
AVT
AVT
BNS
BNS
Q1 26
Q4 25
$192.9M
Q3 25
$-169.2M
Q2 25
$79.9M
Q1 25
$114.1M
Q4 24
$308.5M
Q3 24
$74.5M
Q2 24
$248.0M
FCF Margin
AVT
AVT
BNS
BNS
Q1 26
Q4 25
3.1%
Q3 25
-2.9%
Q2 25
1.4%
Q1 25
2.1%
Q4 24
5.4%
Q3 24
1.3%
Q2 24
4.5%
Capex Intensity
AVT
AVT
BNS
BNS
Q1 26
Q4 25
0.2%
Q3 25
0.4%
Q2 25
1.1%
Q1 25
0.5%
Q4 24
0.5%
Q3 24
0.6%
Q2 24
0.5%
Cash Conversion
AVT
AVT
BNS
BNS
Q1 26
5.60×
Q4 25
3.37×
Q3 25
-2.79×
1.73×
Q2 25
22.91×
1.22×
Q1 25
1.60×
Q4 24
3.87×
Q3 24
1.80×
Q2 24
3.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVT
AVT

Electronic Components$5.9B93%
Premier Farnell$427.1M7%

BNS
BNS

Segment breakdown not available.

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