Avnet EMEA is the technical distributor, offering electronic components such as semiconductors, interconnect, passive, electromechanical from leading manufacturers, supported by an exceptional technical, logistic and supply chain service. The Сompany provides a focused customer and supplier strategy by addressing each market segment with a dedicated business unit. The ‘Speedboats’: Avnet Abacus, EBV Elektronik, Avnet Integrated Solutions, Avnet Silica and MSC Technologies combine exceptional engineering and industry knowledge that enables a rapid response to changing customer needs and market opportunities.

Company Growth (employees)
Type
Public
HQ
Phoenix, US
Founded
1921
Size (employees)
17,700 (est)
Website
avnet.com
Avnet was founded in 1921 and is headquartered in Phoenix, US

Key People at Avnet

William Amelio

William Amelio

Chief Executive Officer
Kenneth Jacobson

Kenneth Jacobson

Interim CFO
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
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
Pete Bartolotta

Pete Bartolotta

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 $4.4 b in Q3, 2017
USD

Revenue (Q3, 2017)

4.4 b

Gross profit (Q3, 2017)

630 m

Gross profit margin (Q3, 2017), %

14%

Net income (Q3, 2017)

443.8 m

EBIT (Q3, 2017)

114.3 m

Market capitalization (18-Aug-2017)

4.6 b

Cash (01-Apr-2017)

1.1 b
Avnet's current market capitalization is $4.6 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

27.5 b27.9 b26.2 b

Revenue growth, %

2%(6%)

Cost of goods sold

24.3 b24.7 b23.2 b

Gross profit

3.2 b3.2 b3 b

Gross profit Margin, %

12%11%12%

General and administrative expense

2.2 b

Operating expense total

2.2 b

EBIT

789.9 m827.7 m787.7 m

EBIT margin, %

3%3%3%

Interest expense

104.8 m95.7 m99.1 m

Pre tax profit

701.1 m713 m670.5 m

Income tax expense

155.5 m141.1 m164 m

Net Income

545.6 m571.9 m506.5 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

6.8 b7.6 b6.7 b7 b6.2 b4.2 b4.3 b4.4 b

Cost of goods sold

6 b6.7 b6 b6.2 b5.4 b3.6 b3.7 b3.8 b

Gross profit

795.5 m837.5 m774.4 m791.5 m736.8 m525.5 m586.2 m630 m

Gross profit Margin, %

12%11%11%11%12%13%14%14%

General and administrative expense

583.9 m574 m555.1 m558.6 m539 m365 m431.6 m480.2 m

Operating expense total

583.9 m574 m555.1 m558.6 m539 m365 m530.8 m480.2 m

EBIT

193.2 m250.3 m203.7 m207 m181.6 m131 m124.2 m114.3 m

EBIT margin, %

3%3%3%3%3%3%3%3%

Interest expense

(23.4 m)(24.7 m)(23.9 m)(23.6 m)(23.3 m)(27.2 m)(26.7 m)(27.5 m)

Pre tax profit

168.3 m220.1 m170.9 m177.5 m160.5 m90 m61 m106.2 m

Income tax expense

40.4 m56.4 m49.4 m47.3 m37.1 m21.4 m28.5 m16.3 m

Net Income

127.9 m291.7 m413.2 m130.3 m409.7 m68.8 m172.1 m443.8 m
USDFY, 2014FY, 2015FY, 2016

Cash

929 m932.6 m1 b

Inventories

2.6 b2.5 b2.9 b

Current Assets

9 b8.6 b9 b

PP&E

535 m568.8 m612.7 m

Goodwill

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

Total Liabilities

6.5 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
USDQ1, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

824.7 m1 b1.2 b1.3 b1.1 b

Inventories

2.8 b2.8 b2.4 b2.7 b2.8 b

Current Assets

8.7 b8.9 b9.7 b11.1 b7.7 b

PP&E

579.5 m610.7 m471.3 m565.1 m526 m

Goodwill

1.3 b1.3 b620.9 m1.1 b1.1 b

Total Assets

10.9 b11.1 b11 b13.3 b9.8 b

Accounts Payable

3.3 b3.3 b1.5 b1.8 b1.7 b

Current Liabilities

5 b4.6 b3.4 b4.8 b2.6 b

Additional Paid-in Capital

1.4 b1.4 b1.5 b1.5 b1.5 b

Retained Earnings

3.5 b3.6 b3.7 b3.8 b3.9 b

Total Equity

4.6 b4.8 b4.8 b4.7 b5.1 b

Financial Leverage

2.3 x2.3 x2.3 x2.8 x1.9 x
USDFY, 2014FY, 2015FY, 2016

Net Income

545.6 m571.9 m506.5 m

Depreciation and Amortization

98.4 m

Inventories

(367.7 m)

Accounts Payable

48.7 m156.6 m(114.3 m)

Cash From Operating Activities

237.4 m583.9 m224.3 m

Purchases of PP&E

(147.5 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 m76.8 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

127.9 m291.7 m413.2 m130.3 m409.7 m68.8 m172.1 m443.8 m

Depreciation and Amortization

23.1 m47 m70.9 m23.7 m71.1 m19.7 m45.6 m63.8 m

Inventories

(165.9 m)(6 m)(90 m)(324.5 m)(319.9 m)182.2 m139.7 m86.1 m

Accounts Payable

(28.8 m)583.3 m118.4 m18.1 m(74.5 m)(164.8 m)133.7 m86.1 m

Purchases of PP&E

(36.6 m)(83.6 m)(133.4 m)(32 m)(111.1 m)(34.7 m)(70.4 m)(108 m)
Y, 2017

Financial Leverage

1.9 x

Avnet Operating Metrics

Avnet's Customers was reported to be 110 k in Jul, 2017
Jul, 2017

Suppliers

600

Customers

110 k

Countries

125

    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 Revenue Breakdown

    Avnet Median Salaries

    Source: 456 public H-1B filings from Avnet

    Traffic Overview of Avnet

    Avnet Online and Social Media Presence

    Avnet Company Life and Culture

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