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Side-by-side financial comparison of AVNET INC (AVT) and Parker Hannifin (PH). Click either name above to swap in a different company.

AVNET INC is the larger business by last-quarter revenue ($6.3B vs $5.2B, roughly 1.2× Parker Hannifin). On growth, AVNET INC posted the faster year-over-year revenue change (11.6% vs 9.1%). Parker Hannifin produced more free cash flow last quarter ($768.0M vs $192.9M). Over the past eight quarters, AVNET INC's revenue compounded faster (5.7% CAGR vs 1.0%).

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.

Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland.

AVT vs PH — Head-to-Head

Bigger by revenue
AVT
AVT
1.2× larger
AVT
$6.3B
$5.2B
PH
Growing faster (revenue YoY)
AVT
AVT
+2.5% gap
AVT
11.6%
9.1%
PH
More free cash flow
PH
PH
$575.1M more FCF
PH
$768.0M
$192.9M
AVT
Faster 2-yr revenue CAGR
AVT
AVT
Annualised
AVT
5.7%
1.0%
PH

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
AVT
AVT
PH
PH
Revenue
$6.3B
$5.2B
Net Profit
$61.7M
Gross Margin
10.5%
37.3%
Operating Margin
2.3%
22.8%
Net Margin
1.0%
Revenue YoY
11.6%
9.1%
Net Profit YoY
-29.2%
EPS (diluted)
$0.75
$6.60

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
PH
PH
Q4 25
$6.3B
$5.2B
Q3 25
$5.9B
$5.1B
Q2 25
$5.6B
$5.2B
Q1 25
$5.3B
$5.0B
Q4 24
$5.7B
$4.7B
Q3 24
$5.6B
$4.9B
Q2 24
$5.6B
$5.2B
Q1 24
$5.7B
$5.1B
Net Profit
AVT
AVT
PH
PH
Q4 25
$61.7M
Q3 25
$51.7M
Q2 25
$6.1M
$923.6M
Q1 25
$87.9M
$961.2M
Q4 24
$87.3M
$948.6M
Q3 24
$59.0M
$698.5M
Q2 24
$82.7M
$785.1M
Q1 24
$88.8M
$726.7M
Gross Margin
AVT
AVT
PH
PH
Q4 25
10.5%
37.3%
Q3 25
10.4%
37.5%
Q2 25
10.6%
37.3%
Q1 25
11.1%
36.9%
Q4 24
10.5%
36.3%
Q3 24
10.8%
36.8%
Q2 24
11.6%
35.9%
Q1 24
11.8%
35.4%
Operating Margin
AVT
AVT
PH
PH
Q4 25
2.3%
22.8%
Q3 25
2.4%
23.3%
Q2 25
1.3%
22.7%
Q1 25
2.7%
22.3%
Q4 24
2.7%
20.9%
Q3 24
2.5%
21.6%
Q2 24
3.0%
21.1%
Q1 24
3.4%
20.4%
Net Margin
AVT
AVT
PH
PH
Q4 25
1.0%
Q3 25
0.9%
Q2 25
0.1%
17.6%
Q1 25
1.7%
19.4%
Q4 24
1.5%
20.0%
Q3 24
1.1%
14.2%
Q2 24
1.5%
15.1%
Q1 24
1.6%
14.3%
EPS (diluted)
AVT
AVT
PH
PH
Q4 25
$0.75
$6.60
Q3 25
$0.61
$6.29
Q2 25
$0.09
$7.16
Q1 25
$1.01
$7.37
Q4 24
$0.99
$7.25
Q3 24
$0.66
$5.34
Q2 24
$0.93
$6.06
Q1 24
$0.97
$5.56

Balance Sheet & Financial Strength

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

Metric
AVT
AVT
PH
PH
Cash + ST InvestmentsLiquidity on hand
$286.5M
$427.0M
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$4.9B
$14.3B
Total Assets
$13.2B
$30.5B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVT
AVT
PH
PH
Q4 25
$286.5M
$427.0M
Q3 25
$175.5M
$473.0M
Q2 25
$192.4M
$467.0M
Q1 25
$188.9M
$408.7M
Q4 24
$172.1M
$395.5M
Q3 24
$267.5M
$371.1M
Q2 24
$310.9M
$422.0M
Q1 24
$218.5M
$415.5M
Total Debt
AVT
AVT
PH
PH
Q4 25
$7.5B
Q3 25
$7.5B
Q2 25
$7.5B
Q1 25
$7.4B
Q4 24
$6.7B
Q3 24
$6.7B
Q2 24
$7.2B
Q1 24
$7.3B
Stockholders' Equity
AVT
AVT
PH
PH
Q4 25
$4.9B
$14.3B
Q3 25
$4.8B
$13.8B
Q2 25
$5.0B
$13.7B
Q1 25
$4.9B
$13.4B
Q4 24
$4.8B
$13.1B
Q3 24
$5.0B
$12.9B
Q2 24
$4.9B
$12.1B
Q1 24
$5.0B
$11.6B
Total Assets
AVT
AVT
PH
PH
Q4 25
$13.2B
$30.5B
Q3 25
$12.4B
$30.7B
Q2 25
$12.1B
$29.5B
Q1 25
$11.7B
$28.9B
Q4 24
$11.9B
$28.3B
Q3 24
$12.6B
$29.6B
Q2 24
$12.2B
$29.3B
Q1 24
$12.3B
$29.6B
Debt / Equity
AVT
AVT
PH
PH
Q4 25
0.52×
Q3 25
0.54×
Q2 25
0.55×
Q1 25
0.55×
Q4 24
0.51×
Q3 24
0.52×
Q2 24
0.59×
Q1 24
0.63×

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
PH
PH
Operating Cash FlowLast quarter
$208.2M
$862.0M
Free Cash FlowOCF − Capex
$192.9M
$768.0M
FCF MarginFCF / Revenue
3.1%
14.8%
Capex IntensityCapex / Revenue
0.2%
1.8%
Cash ConversionOCF / Net Profit
3.37×
TTM Free Cash FlowTrailing 4 quarters
$217.7M
$3.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVT
AVT
PH
PH
Q4 25
$208.2M
$862.0M
Q3 25
$-144.6M
$782.0M
Q2 25
$139.5M
$1.5B
Q1 25
$140.9M
$630.0M
Q4 24
$337.8M
$934.8M
Q3 24
$106.3M
$744.0M
Q2 24
$274.3M
$1.2B
Q1 24
$499.3M
$795.1M
Free Cash Flow
AVT
AVT
PH
PH
Q4 25
$192.9M
$768.0M
Q3 25
$-169.2M
$693.0M
Q2 25
$79.9M
$1.3B
Q1 25
$114.1M
$542.4M
Q4 24
$308.5M
$813.6M
Q3 24
$74.5M
$648.7M
Q2 24
$248.0M
$1.1B
Q1 24
$457.2M
$715.9M
FCF Margin
AVT
AVT
PH
PH
Q4 25
3.1%
14.8%
Q3 25
-2.9%
13.6%
Q2 25
1.4%
25.5%
Q1 25
2.1%
10.9%
Q4 24
5.4%
17.2%
Q3 24
1.3%
13.2%
Q2 24
4.5%
21.6%
Q1 24
8.1%
14.1%
Capex Intensity
AVT
AVT
PH
PH
Q4 25
0.2%
1.8%
Q3 25
0.4%
1.8%
Q2 25
1.1%
2.5%
Q1 25
0.5%
1.8%
Q4 24
0.5%
2.6%
Q3 24
0.6%
1.9%
Q2 24
0.5%
2.3%
Q1 24
0.7%
1.6%
Cash Conversion
AVT
AVT
PH
PH
Q4 25
3.37×
Q3 25
-2.79×
Q2 25
22.91×
1.59×
Q1 25
1.60×
0.66×
Q4 24
3.87×
0.99×
Q3 24
1.80×
1.07×
Q2 24
3.32×
1.58×
Q1 24
5.62×
1.09×

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%

PH
PH

Filtration And Engineered Materials$1.5B28%
Other$1.1B22%
Motion Systems$893.0M17%
Commercial Aftermarket$619.0M12%
Commercial Original Equipment Manufacturer$561.0M11%
Defense Original Equipment Manufacturer$305.0M6%
Defense Aftermarket$221.0M4%

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