From components to cloud and design to disposal, Avnet, Inc. (NYSE:AVT) accelerates the success of customers who build, sell and use technology globally by providing them with a comprehensive portfolio of innovative products, services and solutions.
Avnet’s more than 18,000 employees work in 300+ locations in 120+ countries around the world. At the center of Avnet’s success is the belief in our five core values: Integrity, Customer Service, Accountability, Teamwork and Innovation. For nine consecutive years, Avnet has been named one of Fortune magazine’s “Most Admired Companies.”

Company Growth (employees)
Phoenix, US
Size (employees)
17,700 (est)
Avnet was founded in 1921 and is headquartered in Phoenix, US

Key People at Avnet

William Amelio

William Amelio

Chief Executive Officer
Pete Bartolotta

Pete Bartolotta

Senior Vice President
Therese Bassett

Therese Bassett

Senior Vice President, Chief Strategy and Innovation Officer
Gerry Fay

Gerry Fay

Senior Vice President
MaryAnn Miller

MaryAnn Miller

Senior Vice President, Chief HR Officer and Global Marketing & Communications
Kevin Moriarty

Kevin Moriarty

Senior Vice President, Chief Financial Officer, Controller and Assistant Secretary
Michael O’Neill

Michael O’Neill

Senior Vice President, General Counsel and Chief Legal Officer
Kevin Summers

Kevin Summers

Chief Information Officer
Patrick Zammit

Patrick Zammit

Senior Vice President

Avnet Office Locations

Avnet has an office in Phoenix
Phoenix, US (HQ)
2211 S 47th St

Avnet Data and Metrics

Avnet Financial Metrics

Avnet's revenue was reported to be $26.2 b in FY, 2016 which is a 6% decrease from the previous period.

Revenue (FY, 2016)

26.2 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

3 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

506.5 m

EBIT (FY, 2016)

787.7 m

Market capitalization (23-Jun-2017)

4.8 b

Closing share price (23-Jun-2017)


Cash (02-Jul-2016)

1 b


5.1 b
Avnet's current market capitalization is $4.8 b.
USDFY, 2014FY, 2015FY, 2016


27.5 b27.9 b26.2 b

Revenue growth, %


Cost of goods sold

24.3 b24.7 b23.2 b

Gross profit

3.2 b3.2 b3 b

Gross profit Margin, %



789.9 m827.7 m787.7 m

EBIT margin, %


Pre tax profit

701.1 m713 m670.5 m

Net Income

545.6 m571.9 m506.5 m
USDFY, 2014FY, 2015FY, 2016


929 m932.6 m1 b


2.6 b2.5 b2.9 b

Current Assets

9 b8.6 b9 b


535 m568.8 m612.7 m


1.3 b1.3 b1.3 b

Total Assets

11.3 b10.8 b11.2 b

Accounts Payable

3.4 b3.3 b3.2 b

Total Debt

1.2 b1.6 b1.3 b

Current Liabilities

5 b4.3 b4.9 b

Additional Paid-in Capital

1.4 b1.4 b1.5 b

Retained Earnings

3.3 b3.6 b3.6 b

Total Equity

4.9 b4.7 b4.7 b

Debt to Equity Ratio

0.2 x0.4 x0.3 x

Debt to Assets Ratio

0.1 x0.2 x0.1 x

Financial Leverage

2.3 x2.3 x2.4 x
USDFY, 2014FY, 2015FY, 2016

Net Income

545.6 m571.9 m506.5 m

Accounts Payable

48.7 m156.6 m(114.3 m)

Cash From Operating Activities

237.4 m583.9 m224.3 m

Capital Expenditures

(123.2 m)(174.4 m)(147.5 m)

Cash From Investing Activities

(152.5 m)(186.3 m)(237.5 m)

Cash From Financing Activities

(88.5 m)(341 m)(33.4 m)

Free Cash Flow

360.7 m758.3 m371.9 m
USDY, 2016


6.5 x


22.9 x


13.8 x


1.4 m


0.3 x


0.1 x

Financial Leverage

2.4 x

Avnet Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Hackster, Inc.November 14, 2016
Premier FarnellJuly 28, 2016$832.1 m
Seamless TechnologiesJune 10, 2013
RTI HoldingsMarch 20, 2013
BrightStar PartnersOctober 20, 2012
BSP SoftwareOctober 19, 2012
itX GroupAugust 12, 2012
Pepperweed ConsultingAugust 02, 2012
The Magirus groupJuly 02, 2012
Ascendant TechnologyMarch 26, 2012
Pinnacle Data SystemsNovember 10, 2011
Prospect TechnologyAugust 01, 2011
Bell MicroproductsMarch 29, 2010

Avnet Market Value History

Avnet Median Salaries

Source: 456 public H-1B filings from Avnet

Avnet Online and Social Media Presence

Avnet Company Life and Culture

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