Craft

Avnet

Stock Price

$51.5

2024-06-28

Market Capitalization

$4.7 B

2024-06-28

Revenue

$26.5 B

FY, 2023

Avnet Summary

Company Summary

Overview
Avnet is a company that distributes electronic component technologies and solutions. It has two primary operating groups: electronic components (EC) and Farnell. Electronic components group markets and distributes electronic components, offer customer support, customized design, supply chain, programming, logistics, etc. Farnell group develops and tests products, distributes kits, tools, electronic components, industrial automation components, etc. Avnet caters to industrial, automotive, defence, aerospace, and other industries.
Type
Public
Status
Active
Founded
1921
HQ
Phoenix, AZ, US | view all locations
Website
https://www.avnet.com
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Phil Gallagher

    Phil Gallagher, Chief Executive Officer and Director

  • Ken Arnold

    Ken Arnold, Chief People Officer

  • Max Chan

    Max Chan, Chief Information Officer

  • Michael McCoy

    Michael McCoy, General Counsel and Chief Legal Officer

Operating MetricsView all

Customers

2.1M

FY, 2021

Facilities Owned, sq. ft.

1.7M
5.6%

FY, 2023

Facilities Leased, sq. ft.

4.2M
5.0%

FY, 2023

LocationsView all

167 locations detected

  • Phoenix, AZ HQ

    United States

    2211 South 47th Street

  • Atlanta, GA

    United States

    980 Hammond Dr

  • Baltimore, MD

    United States

    2652 W Patapsco Ave

  • Denver, CO

    United States

    3001 Brighton Blvd #2765

  • Indianapolis, IN

    United States

    Crosspoint Plaza One, 10475 Crosspoint Blvd

  • Irvine, CA

    United States

    220 Commerce #100

and 161 others

Avnet Financials

Summary Financials

Revenue (Q3, 2024)
$5.7B
Gross profit (Q3, 2024)
$669.3M
Net income (Q3, 2024)
$88.8M
Cash (Q3, 2024)
$218.5M
EBIT (Q3, 2024)
$190.2M
Enterprise value
$7.6B

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