Tech Data

OverviewSuggest Edit

Tech Data is a distributor of technology products, services, and solutions. Its solutions include PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, and consumer electronics. The company also offers data center technologies such as storage, networking, servers, advanced technology software, converged and hyper-converged infrastructure. Tech Data serves resellers, direct marketers, retailers, corporate resellers, and managed service providers.
TypePrivate
Founded1974
HQClearwater, FL, US
Websitetechdata.com
Employee Ratings3.7
Overall CultureD+

Latest Updates

Employees (est.) (Feb 2021)15,187(+3%)
Job Openings1
Revenue (FY, 2020)$37 B
Share Price (Sept 2020)$144.9
Cybersecurity ratingBMore

Key People/Management at Tech Data

Rich Hume

Rich Hume

Chief Executive Officer, Director
Charles V. Dannewitz

Charles V. Dannewitz

Executive Vice President, Chief Financial Officer
Beth E. Simonetti

Beth E. Simonetti

Executive Vice President, Chief Human Resources Officer
Bonnie K. Smith

Bonnie K. Smith

Executive Vice President, Chief Information Officer and Innovation Technology
David R. Vetter

David R. Vetter

Executive Vice President, Chief Legal Officer
Jaideep Malhotra

Jaideep Malhotra

President, Asia Pacific and Global Computing Components
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Tech Data Office Locations

Tech Data has offices in Clearwater, AAQ, Clayton, Fortitude Valley and in 64 other locations
Clearwater, FL, US (HQ)
5350 Tech Data Dr
Clearwater, FL, US
16202 Bay Vista Dr
AAQ, AR
piso 8aº, Av. Leandro N. Alem 896
Clayton, AU
Level 2/211 Wellington Rd
Fortitude Valley, AU
15 Green Square Cl
Macquarie Park, AU
Level 2/67 Epping Rd
Show all (72)

Tech Data Financials and Metrics

Summary Metrics

Founding Date

1974
Show all financial metrics

Tech Data Revenue

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View revenue for all periods
Tech Data's revenue was reported to be $37 b in FY, 2020 which is a 0.6% decrease from the previous period.
USD

Revenue (Q1, 2021)

8.2b

Gross profit (Q1, 2021)

531.7m

Gross profit margin (Q1, 2021), %

6.5%

Net income (Q1, 2021)

48.1m

EBIT (Q1, 2021)

86.1m

Cash (30-Apr-2020)

828.9m
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

36.8b37.2b37.0b

Revenue growth, %

40%1%(1%)

Cost of goods sold

34.7b35.0b34.7b

Gross profit

2.1b2.3b2.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

8.5b8.9b9.3b8.4b9.1b9.1b8.2b

Cost of goods sold

8.0b8.4b8.8b7.9b8.5b8.6b7.6b

Gross profit

523.1m527.0m556.6m509.4m561.7m560.4m531.7m

Gross profit Margin, %

6%6%6%6%6%6%7%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

955.6m799.1m841.4m

Accounts Receivable

5.8b6.2b6.2b

Prepaid Expenses

288.2m354.6m362.2m

Inventories

3.1b3.3b3.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

345.6m792.9m646.5m797.5m738.3m964.1m828.9m

Accounts Receivable

5.3b5.2b6.0b5.4b5.4b5.8b5.4b

Prepaid Expenses

418.2m383.2m342.3m367.9m360.0m341.1m388.8m

Inventories

2.9b3.0b3.2b3.3b3.1b3.1b3.1b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

116.6m340.6m374.5m

Depreciation and Amortization

150.0m159.0m153.1m

Inventories

(502.4m)(480.0m)213.3m

Accounts Payable

1.7b852.4m(406.8m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

33.7m109.6m223.8m55.4m134.7m225.4m48.1m

Depreciation and Amortization

40.5m80.4m119.6m37.3m74.8m112.7m42.0m

Inventories

(7.4m)(166.8m)(397.7m)2.5m140.0m113.2m(60.2m)

Accounts Payable

(1.1b)(486.9m)474.2m706.4m(923.9m)(443.4m)(752.0m)
USDFY, 2018

Revenue/Employee

2.6m

Debt/Equity

0.6 x

Debt/Assets

0.1 x

Financial Leverage

4.3 x
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Tech Data Operating Metrics

Tech Data's Enterprise Customers was reported to be 125 k in Jan, 2021.
FY, 2015FY, 2016FY, 2017Feb, 2017FY, 2018FY, 2019Oct, 2019FY, 2020May, 2020Jan, 2021

Enterprise Customers

115 k105 k105 k125 k125 k125 k125 k125 k125 k

Logistics Centers

26 22 22 27 22 27 22 27

Suppliers

1.10 k1.20 k1 k1 k1 k1 k1 k1 k

Products Sold

100 k150 k150 k150 k
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Tech Data Acquisitions / Subsidiaries

Company NameDateDeal Size
Inflow TechnologiesDecember 17, 2019
DLT SolutionsOctober 30, 2019
Avnet Technology SolutionsSeptember 19, 2016$2.60 b
Signature Technology GroupMay 29, 2015
TDMobilityNovember 04, 2013
BrightstarSeptember 12, 2012$165.60 m
Specialist Distribution GroupSeptember 05, 2012£227 m
Triade HoldingOctober 01, 2010
AzlanMarch 31, 2003$229 m
Ascendant Technology Holdings UK Limited
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Tech Data Revenue Breakdown

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Tech Data revenue breakdown by geographic segment: 51.7% from Europe, 44.9% from Americas and 3.4% from Other

Tech Data Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Tech Data Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Tech Data Online and Social Media Presence

Embed Graph

Tech Data Company Culture

  • Overall Culture

    D+

    64/100

  • CEO Rating

    C

    70/100

  • Compensation

    C-

    65/100

Learn more on Comparably

Tech Data News and Updates

Vantiq Signs Value-Added Distributorship with Tech Data Singapore

Partnership Will Speed Deployment of Real-Time Applications to Support Digital Transformation Plans by Singapore Companies Partnership Will Speed Deployment of Real-Time Applications to Support Digital Transformation Plans by Singapore Companies

Tech Data Names Al Morales Chief Transformation Officer

Tech Data today announced Al Morales will join the company as Chief Transformation Officer on January 4, 2021. In this newly created role, Morales will report directly to the CEO and lead Tech Data’s global transformation to drive innovation in ways that will deliver improved experiences and greater…

Tech Data Announces Additions to Its Board of Directors

Tech Data today announced additions to its board of directors, which now includes two independent directors in addition to representatives from its private equity owner, Apollo Global Management, Inc.

Funds Managed by Affiliates of Apollo Complete Tech Data Acquisition

Tech Data Plans to Invest Approximately $750 Million in Digital Transformation Initiatives to Improve Channel Partner Experience

Warren Buffett says he bid about $5 billion for Tech Data, calling it 'our kind of business'

Warren Buffett offered about $5 billion for Tech Data, he told the Wall Street Journal, but declined to wage a bidding war against Apollo Global Management after the private-equity titan hiked its offer last week. "It was our kind of business. It's one you can understand," Berkshire Hathaway's CEO…

Apollo Global sweetens bid for Tech Data in $6 billion deal

Private equity firm Apollo Global Management has raised its bid to take Tech Data private in a deal valued at about $6 billion, the U.S. information technology equipment distributor said on Wednesday.
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Tech Data Frequently Asked Questions

  • When was Tech Data founded?

    Tech Data was founded in 1974.

  • Who are Tech Data key executives?

    Tech Data's key executives are Rich Hume, Charles V. Dannewitz and Beth E. Simonetti.

  • How many employees does Tech Data have?

    Tech Data has 15,187 employees.

  • What is Tech Data revenue?

    Latest Tech Data annual revenue is $37 b.

  • What is Tech Data revenue per employee?

    Latest Tech Data revenue per employee is $2.4 m.

  • Who are Tech Data competitors?

    Competitors of Tech Data include Esprinet, Synnex and Ingram Micro.

  • Where is Tech Data headquarters?

    Tech Data headquarters is located at 5350 Tech Data Dr, Clearwater.

  • Where are Tech Data offices?

    Tech Data has offices in Clearwater, AAQ, Clayton, Fortitude Valley and in 64 other locations.

  • How many offices does Tech Data have?

    Tech Data has 72 offices.