OverviewSuggest Edit

Anixter is a company distributing enterprise cabling and security solutions, electrical and electronic wire and cable products, and utility power solutions. It operates through three segments: Network and Security Solutions, Electrical and Electronic Solutions and Utility Power Solutions. The Network and Security Solutions segment offers copper and fiber optic cable and connectivity, video surveillance, intrusion, fire and life safety products. The Electrical and Electronic Solutions segment provides electrical and electronic wires and cables, shipboard cables, support and supply products, low-voltage and instrumentation cables, security cables, connectors, etc. The Utility Power Solutions segment supplies electrical transmission and distribution products, power plant maintenance, repair and operations supplies, and smart-grid products, as well as arranges materials management and procurement outsourcing.

TypePublic
Founded1957
HQGlenview, US
Websiteanixter.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2018)9,300(+5%)
Job Openings409
Revenue (FY, 2018)$8.4 B(+6%)
Share Price (Jan 2020)$99.2

Key People/Management at Anixter

Bill A. Galvin

Bill A. Galvin

President and Chief Executive Officer
Theodore A. Dosch

Theodore A. Dosch

Executive Vice President - Finance and Chief Financial Officer
Justin C. Choi

Justin C. Choi

Executive Vice President - General Counsel & Corporate Secretary
Bill Geary

Bill Geary

Executive Vice President, Network & Security Solutions
Bob Graham

Bob Graham

Executive Vice President - Electrical & Electronic Solutions
Orlando McGee

Orlando McGee

Executive Vice President – Operations
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Anixter Office Locations

Anixter has offices in Glenview, Albany, Albuquerque, Alsip and in 229 other locations
Glenview, US (HQ)
2301 Patriot Blvd
Albany, US
325 Washington Ave Ext #100
Albuquerque, US
2701 Broadway Blvd NE Suite B
Alsip, US
11614 S Austin Ave
Alsip, US
11740 S Austin Ave
Anaheim, US
5055 E Landon Dr
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Anixter Financials and Metrics

Anixter Revenue

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Anixter's revenue was reported to be $8.40 b in FY, 2018 which is a 6% increase from the previous period.
USD

Revenue (Q3, 2019)

2.2b

Gross profit (Q3, 2019)

446.4m

Gross profit margin (Q3, 2019), %

20.1%

Net income (Q3, 2019)

59.3m

EBIT (Q3, 2019)

101.8m

Market capitalization (20-Jan-2020)

3.4b

Closing stock price (20-Jan-2020)

99.2

Cash (27-Sept-2019)

95.7m

EV

4.6b
Anixter's current market capitalization is $3.4 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

7.6b7.9b8.4b

Revenue growth, %

23%4%6%

Cost of goods sold

6.1b6.4b6.7b

Gross profit

1.5b1.6b1.7b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2010Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.8b2.0b2.0b1.9b2.0b2.0b2.0b2.1b2.2b2.1b2.3b2.2b

Cost of goods sold

1.4b1.6b1.6b1.5b1.6b1.6b1.6b1.7b1.8b1.7b1.8b1.8b

Gross profit

370.8m393.4m396.7m379.7m395.7m397.2m384.8m419.1m424.1m418.9m450.0m446.4m

Gross profit Margin, %

20%20%20%20%20%20%20%20%19%20%20%20%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

115.1m116.0m81.0m

Accounts Receivable

1.4b1.4b1.6b

Inventories

1.2b1.2b1.4b

Current Assets

2.7b2.8b3.2b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

115.3m133.2m125.1m118.2m178.0m76.9m78.7m110.4m69.9m77.0m52.0m95.7m

Accounts Receivable

1.3b1.4b1.4b1.3b1.4b1.5b1.5b1.6b1.6b1.6b1.7b1.7b

Inventories

1.2b1.2b1.2b1.2b1.2b1.2b1.3b1.3b1.4b1.4b1.4b1.3b

Current Assets

2.6b2.7b2.8b2.6b2.8b2.8b2.9b3.0b3.1b3.2b3.2b3.1b
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

120.5m109.0m156.3m

Depreciation and Amortization

65.5m64.3m69.0m

Inventories

(5.8m)(39.8m)(204.7m)

Accounts Payable

102.4m58.5m245.3m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

22.8m43.3m83.7m30.9m71.0m108.6m32.1m66.9m114.5m39.1m102.6m161.9m

Depreciation and Amortization

16.7m33.2m49.7m16.0m32.1m48.6m16.7m34.1m51.9m18.1m36.6m55.1m

Cash From Operating Activities

65.0m149.4m238.4m51.5m137.1m110.1m(71.2m)69.3m102.8m(114.2m)(63.2m)206.4m

Cash From Investing Activities

(7.0m)(21.1m)(29.6m)(8.6m)(20.8m)(30.9m)(6.8m)(170.3m)(172.8m)(5.9m)(13.5m)(27.5m)
USDY, 2019

EV/EBIT

45.2 x

EV/CFO

22.3 x

EV/FCF

25.7 x

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.8 x
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Anixter Operating Metrics

Anixter's Enterprise Customers was reported to be 130 k in FY, 2018.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Enterprise Customers

125 k125 k125 k135 k130 k

Products

500 k450 k600 k600 k600 k

Countries

50 50 50 50 50

Vehicle Fleet

500 500 500 500
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Anixter Acquisitions / Subsidiaries

Company NameDateDeal Size
Anixter Power Solutions Inc.October 05, 2015
Tri-Ed Puerto Rico Ltd. Inc.August 11, 2014
Anixter Jorvex S.A.C.July 09, 2012
Clark Security ProductsDecember 20, 2010
Camille Gergen GmbH & Co., KGAugust 27, 2008
Sofrasar SASAugust 27, 2008
Eurofast SASMay 21, 2007
Total Supply SolutionsApril 18, 2007
IMS, Inc.May 30, 2006
Infast Group LimitedJuly 08, 2005$72.20 m
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Anixter Revenue Breakdown

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Anixter revenue breakdown by business segment: 51.7% from Network & Security Solutions, 27.9% from Electrical and Electronic Solutions and 20.4% from Utility Power Solutions

Anixter revenue breakdown by geographic segment: 81.5% from North America, 10.7% from Emerging Markets and 7.9% from EMEA

Anixter Online and Social Media Presence

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Anixter News and Updates

Wesco beats out CD&R in deal to buy Anixter, after multiple bids and counter bids

Anixter International Inc. announced Monday an agreement to be acquired by Wesco Interational Inc. in a deal valued at $4.5 billion. The deal appears to end a hard-fought battle between Wesco and Clayton, Dubilier & Rice for Anixter, which include multiple bids and counter bids, and more than …

CD&R's Merger Agreement to Acquire Anixter Has Been Terminated

NEW YORK, Jan. 13, 2020 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R") today announced that it has agreed to waive the matching period in which to make a counterproposal under the terms of its previously announced agreement to acquire Anixter International, Inc. ("Anixter") and has...

WESCO International and Anixter International Announce Merger Agreement to Create a Premier Electrical and Data Communications Distribution and Supply Chain Services Company

PITTSBURGH and GLENVIEW, Ill., Jan. 13, 2020 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("WESCO"), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, advanced supply chain management and logistics services, and Anixter...

Anixter determines Wesco's raised buyout bid is 'superior' to CD&R merger deal

Wesco International Inc. has finally got what it wanted, as Anixter International Inc. has determined that Wesco's improved buyout bid was "superior" to the merger deal it had [l: previously agreed on with Clayton, Dubilier & Rice LLC (CD&R). If Anixter breaks the CD&R deal, the networ…

WESCO International, Inc. Submits Improved Proposal to Acquire Anixter for $97.00 per Share in Cash and Stock

PITTSBURGH, Jan. 3, 2020 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("WESCO"), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, advanced supply chain management and logistics services, today submitted a revised...

Anixter agrees to CD&R's raised all-cash buyout bid

Anixter International Inc. said it has agreed to amend its merger agreement with Clayton, Dubilier and Rice LLC (CD&R), in which the per-share bid is increased to $93.50 in cash from $86.00 in cash and a $2.50 contingent value right upon the occurrence of certain events. The new bid is now valu…
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Anixter Frequently Asked Questions

  • When was Anixter founded?

    Anixter was founded in 1957.

  • Who are Anixter key executives?

    Anixter's key executives are Bill A. Galvin, Theodore A. Dosch and Justin C. Choi.

  • How many employees does Anixter have?

    Anixter has 9,300 employees.

  • What is Anixter revenue?

    Latest Anixter annual revenue is $8.4 b.

  • What is Anixter revenue per employee?

    Latest Anixter revenue per employee is $903.2 k.

  • Who are Anixter competitors?

    Competitors of Anixter include Graybar Electric, Digi-Key Electronics and General Cable.

  • Where is Anixter headquarters?

    Anixter headquarters is located at 2301 Patriot Blvd, Glenview.

  • Where are Anixter offices?

    Anixter has offices in Glenview, Albany, Albuquerque, Alsip and in 229 other locations.

  • How many offices does Anixter have?

    Anixter has 286 offices.