Stocktoria
AVIAT NETWORKS, INC. AVNW
AVIAT NETWORKS, INC. statistics & valuation
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($6.79); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
AVIAT NETWORKS, INC. trades at about 218.3× earnings — above its 10-year norm (10-year range 4×–512.5×, median 36×).
Shaded band = 10-year range (4×–512.5×); dot = today's 218.3×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 32.1% | 35.5% | 35.5% | 36.1% | 37.3% | 35.5% | 32.5% | 33.2% | 31.2% | 23.0% |
| Operating margin | 2.4% | 4.8% | 7.1% | 9.5% | 8.1% | 1.4% | 0.6% | 0.5% | -0.4% | -10.2% |
| Net margin | 0.3% | 2.6% | 3.0% | 7.0% | 40.1% | 0.1% | 4.0% | 0.8% | -0.3% | -11.1% |
| FCF margin | -1.7% | 6.8% | -2.0% | 0.3% | 5.3% | 5.4% | -0.9% | 0.7% | 2.2% | -0.5% |
| Return on assets | 0.2% | 2.0% | 2.8% | 6.5% | 37.0% | 0.1% | 5.8% | 1.2% | -0.5% | -18.0% |
| Return on equity | 0.5% | 4.2% | 4.6% | 10.5% | 60.1% | 0.4% | 13.6% | 3.2% | -1.5% | -55.9% |
| Debt / equity | 0.33× | 0.19× | 0.00× | — | — | — | — | — | — | — |
| Current ratio | 1.64 | 1.85 | 1.81 | 1.98 | 1.77 | 1.49 | 1.53 | 1.43 | 1.45 | 1.40 |
Computed from company filings · US · as of 2025-06-27. Facts plus Stocktoria's own computed scores — not investment advice.