Avnet Inc - Company Profile

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Avnet Inc: Overview

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Avnet Inc (Avnet) is a distributor of electronic components, IT solutions, and services. The company’s product portfolio comprises semiconductors, industrial automation components, test and measurement products, interconnects, and passive and electro-mechanical components. Avnet serves original equipment manufacturers, original design manufacturers, and electronic manufacturing service providers. It supplies its products through an e-commerce channel. The company provides its products to a wide range of industries, such as aerospace and defense, automotive and transportation, communications, energy, healthcare institutions, home and building automation, security and surveillance, lighting, and wearables. It has business operations across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Avnet is headquartered in Phoenix, Arizona, the US.

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Headquarters United States of America
Address 2211 South 47th Street, Phoenix, Arizona, 85034
Website www.avnet.com
Telephone 1 480 6432000
No of Employees 15,800
Industry Technology and Communications
Ticker Symbol & Exchange AVT (NASD)
Revenue (2022) $26.5B 9.2% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 11.3% (2022 vs 2021)
Market Cap* $4.3B
Net Profit Margin (2023) XYZ 1.8% (2022 vs 2021)
* As of and is in US$
View Avnet Inc financials
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Avnet Inc premium industry data and analytics

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Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Avnet Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Avnet Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Amplifiers Integration Services Avnet
Analog Switch Multiplexer Cloud Computing Hackster.io
Batteries Implementation Element 14
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 New Products/Services In March, the company introduced a new MaaXBoard OSM93 Development Kit.
2024 Contracts/Agreements In February, the company entered into an agreement with indie Semiconductor to advance the availability of indie’s semiconductor product portfolio.
2024 New Products/Services In February, the company launched Design Hub.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Avnet Inc TD SYNNEX Corp Arrow Electronics Inc Digi-Key Corp Future Electronics Inc
Headquarters United States of America United States of America United States of America United States of America Canada
City Phoenix Fremont Centennial Thief River Falls Pointe Claire
State/Province Arizona California Colorado Minnesota Quebec
No. of Employees 15,800 23,000 22,100 - 5,500
Entity Type Public Public Public Private Private
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Rodney C. Adkins Chairman Executive Board 2018 65
Philip R. Gallagher Chief Executive Officer; Director Executive Board 2020 62
Kenneth A. Jacobson Chief Financial Officer Senior Management 2022 45
Leng Jin Chan Chief Information Officer; Senior Vice President Senior Management 2021 51
Michael R. McCoy Chief Legal Officer; General Counsel Senior Management 2020 47
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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