OverviewSuggest Edit

TD SYNNEX (formerly known as SYNNEX) is a business process services company that provides technology solutions. It distributes peripherals, information technology systems including data center server and storage solutions, system components, software, networking, communications and security equipment, consumer electronics, and complementary products. It also provides systems design and integration solutions.
TypePublic
Founded1980
HQFremont, CA, US
Websitetdsynnex.com
Employee Ratings3.7
Overall CultureB

Latest Updates

Employees (est.) (Nov 2020)270,000(+15%)
Job Openings234
Revenue (FY, 2020)$24.7 B(+4%)
Share Price (Nov 2021)$112.4
Cybersecurity ratingAMore
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Key People/Management at TD SYNNEX

Rich Hume

Rich Hume

Chief Executive Officer
Dennis Polk

Dennis Polk

Executive Chair of Board of Directors, Integration Lead, and Head of Global Businesses
Marshall Witt

Marshall Witt

Chief Financial Officer
Bonnie K. Smith

Bonnie K. Smith

Chief Information Officer
David Vetter

David Vetter

Chief Legal Officer
Beth Simonetti

Beth Simonetti

Chief Human Resources Officer
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TD SYNNEX Office Locations

TD SYNNEX has offices in Fremont, Bolingbrook, Chantilly, Chino and in 11 other locations
Fremont, CA, US (HQ)
44201 Nobel Dr
Bolingbrook, IL, US
1180 Remington Blvd
Chantilly, VA, US
3900 Stonecroft Blvd # M
Chino, CA, US
15065 Flight Ave
Columbus, OH, US
7303 Rickenbacker Pkwy W
Garland, TX, US
1601 S Shiloh Rd
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TD SYNNEX Financials and Metrics

TD SYNNEX Revenue

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View revenue for all periods
TD SYNNEX's revenue was reported to be $24.68 b in FY, 2020 which is a 3.9% increase from the previous period.
USD

Revenue (Q3, 2021)

5.2b

Gross profit (Q3, 2021)

312.6m

Gross profit margin (Q3, 2021), %

6%

Net income (Q3, 2021)

94.7m

EBIT (Q3, 2021)

148.2m

Market capitalization (12-Nov-2021)

10.9b

Closing stock price (12-Nov-2021)

112.4

Cash (31-Aug-2021)

4.1b

EV

10.9b
TD SYNNEX's current market capitalization is $10.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

20.1b23.8b24.7b

Revenue growth, %

18%18%4%

Cost of goods sold

18.1b20.9b21.8b

Gross profit

18.5b2.9b2.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

5.2b5.7b6.2b5.3b5.5b6.5b4.9b5.9b5.2b

Cost of goods sold

4.6b5.0b5.5b4.6b4.9b5.8b4.6b5.5b4.9b

Gross profit

678.9m698.5m726.0m698.3m617.8m708.1m304.6m329.2m312.6m

Gross profit Margin, %

13%12%12%13%11%11%6%6%6%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

454.7m225.5m1.6b

Accounts Receivable

3.9b3.9b3.9b

Inventories

2.5b2.5b2.7b

Current Assets

7.1b7.5b8.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

249.3m271.5m262.3m296.2m1.1b1.5b1.4b1.7b4.1b

Accounts Receivable

3.2b3.5b3.5b3.3b3.2b3.6b2.4b2.5b2.2b

Inventories

2.4b2.6b2.8b2.7b3.0b2.8b2.6b2.7b2.9b

Current Assets

6.4b7.0b7.2b6.9b8.0b8.6b6.8b7.2b9.6b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

300.6m500.7m529.2m

Depreciation and Amortization

225.3m372.1m341.6m

Inventories

(367.9m)(153.1m)(128.8m)

Accounts Payable

382.0m98.4m685.0m
USDFY, 2018

EV/EBIT

12.9 x

EV/CFO

70.8 x

Revenue/Employee

87.6k

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.3 x

P/E Ratio

11.2
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TD SYNNEX Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Products (Technology Solutions)

30 k30 k30 k30 k30 k30 k30 k30 k40 k40 k40 k40 k40 k40 k40 k

Resellers (Technology Solutions)

25 k25 k25 k25 k25 k25 k25 k25 k25 k25 k25 k25 k25 k25 k25 k

Original Equipment Manufacturers (Technology Solutions)

300300300300400400400400400400400400500500500

Product Categories (Technology Solutions)

5555
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TD SYNNEX Acquisitions / Subsidiaries

Company NameDateDeal Size
Tech DataMarch 22, 2021$7.2 b
ConvergysOctober 05, 2018$2.3 b
Westcon-Comstor AmericasSeptember 01, 2017$633.6 m
MinacsAugust 01, 2016$435.6 m
IBM World Wide Customer CareSeptember 12, 2013$505 m
VisionMAXNovember 30, 2011
Jack Of All Games, Inc.December 21, 2009$43.25 b
Concentrix CorporationSeptember 14, 2006
2117974 Ontario Inc.
Afina Peru, S.A.C.
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TD SYNNEX Revenue Breakdown

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TD SYNNEX revenue breakdown by business segment: 19.0% from Concentrix and 81.0% from Technology Solutions

TD SYNNEX revenue breakdown by geographic segment: 34.0% from Others and 66.0% from United States

Human Capital Metrics

Source: www.sec.gov
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TD SYNNEX Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

TD SYNNEX Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

TD SYNNEX Online and Social Media Presence

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TD SYNNEX Company Culture

  • Overall Culture

    B

    69/100

  • CEO Rating

    A+

    80/100

  • Compensation

    C+

    66/100

  • Diversity

    B

    69/100

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TD SYNNEX News and Updates

McAfee collaborates with IBM Security to bring integrated solution for TD SYNNEX customers

McAfee Enterprise collaborated with IBM Security to develop an integrated solution for TD SYNNEX customers that provides visibility, investigation, remediation and control to protect the global workforce.

Tech Data Signs Distribution Partnership with Palo Alto Networks in India & SAARC

Tech Data, a TD SYNNEX company today announced it has signed a distribution agreement for India & SAARC with Palo Alto Networks, the global cybersecurity leader, to provide highly effective and comprehensive cybersecurity offerings. These cybersecurity solutions will enable organizations to deli…

TD SYNNEX to Announce Third Quarter Fiscal 2021 Results on September 28, 2021

TD SYNNEX (NYSE: SNX) today announced it will report its financial results for the third quarter of fiscal 2021 before market open on Tuesday, September 28, 2021. A conference call to review the results will be held at 6:00 AM (PT) / 9:00 AM (ET) the same day, hosted by Rich Hume, CEO and Marshall W…

Pliops Teams with TD SYNNEX to Multiply Effectiveness of Data Center Infrastructure Investments

Data solutions innovator Pliops has kicked off its global channel program in a noteworthy fashion by signing an agreement with TD SYNNEX. Under the terms of the agreement, TD SYNNEX will distribute Pliops XDP in North America. This announcement comes on the heels of the commercial launch of the XDP,…

Synnex (SNX) falls 2.27% in Active Trading on September 14

TD Synnex (NYSE: SNX), a Fremont, California, company, fell to close at $116.23 Tuesday after losing $2.7 (2.27%) on volume of 149,737 shares. The stock ranged from a high of $119.03 to a low of $115.67 while Synnex’s market cap now stands at $6,036,353,328.

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TD SYNNEX Blogs

featured news

https://www.avnetwork.com/systems-contractor-news/the-matchmaker

TD SYNNEX Frequently Asked Questions

  • When was TD SYNNEX founded?

    TD SYNNEX was founded in 1980.

  • Who are TD SYNNEX key executives?

    TD SYNNEX's key executives are Rich Hume, Dennis Polk and Marshall Witt.

  • How many employees does TD SYNNEX have?

    TD SYNNEX has 270,000 employees.

  • What is TD SYNNEX revenue?

    Latest TD SYNNEX annual revenue is $24.7 b.

  • What is TD SYNNEX revenue per employee?

    Latest TD SYNNEX revenue per employee is $91.4 k.

  • Who are TD SYNNEX competitors?

    Competitors of TD SYNNEX include IBM, Ingram Micro and CGS.

  • Where is TD SYNNEX headquarters?

    TD SYNNEX headquarters is located at 44201 Nobel Dr, Fremont.

  • Where are TD SYNNEX offices?

    TD SYNNEX has offices in Fremont, Bolingbrook, Chantilly, Chino and in 11 other locations.

  • How many offices does TD SYNNEX have?

    TD SYNNEX has 15 offices.