Avnet, Inc.

Headquarters: Phoenix, AZ, United States

Founded: 1921

Employees: 14,500

CEO: Mr. Philip R. Gallagher

NASDAQ: AVT +0.29%

Market Cap

$4.57 Billion

USD as of July 1, 2024

Market Cap History

Avnet, Inc. market capitalization over time

Evolution of Avnet, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Avnet, Inc.

Detailed Description

Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent embedded and innovative embedded display solutions comprising touch and passive displays. Further, it develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

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Stocks & Indices

Avnet, Inc. has the following listings and related stock indices.

Stock: NASDAQ: AVT wb_incandescent

Stock: FSX: VNI wb_incandescent

Key People

Founder(s): Charles Avnet

Phil Gallagher, CEO Rodney C. Adkins, Chairman Tom Liguori CFO


Revenue: US$19.5 billion (2019)

Operating income: US$365.9 million (2019)

Net income: US$176.3 million (2019)

Total assets: US$8.5 billion (2019)

Total equity: US$4.1 billion (2019)



2211 South 47th Street

Phoenix, AZ 85034

United States

Phone: 480 643 2000