AVNET INC
Close on Oct 19, 2026
- Market cap
- $7.67B
- P/E (TTM)
- 22.9
- Dividend yield
- 1.52%
About Avnet
Wholesale-Electronic Parts & Equipment, NEC, SIC 5065
Avnet, Inc. distributes electronic components and provides related technology solutions across the global marketplace. The company functions through two core divisions: Electronic Components and Farnell. Its primary product offerings encompass semiconductors, interconnect, passive, and electromechanical parts, embedded systems, and computing hardware, supplemented by design assistance, supply chain management, and testing services. Avnet caters to a broad clientele comprising original equipment manufacturers, electronic manufacturing services providers, original design manufacturers, engineering professionals, startups, and enterprise entities.
Operating on an international scale, the organization serves purchasers in over 140 countries through regional units situated in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. As of June 2026, its international footprint encompasses 27 operational facilities and a workforce of approximately 15,040 personnel positioned across 48 nations. Avnet maintains its global corporate headquarters in Phoenix, Arizona.
Summary of the business section of Avnet's latest annual report, written by StockData.
Company profile
Company
- Legal name
- AVNET INC
- Founded
- 1921
- Headquarters
- Tempe, AZ
- Address
- 2150 E. Warner Road 85284
- Phone
- (480) 643-2000
- Website
- avnet.com
- Employees
- 15,040, Jun 27, 2026
- Industry
- Wholesale-Electronic Parts & Equipment, NEC
- Incorporated in
- New York
- Fiscal year ends
- July 3
- Auditor
- PricewaterhouseCoopers LLP, Phoenix, Arizona
Stock & identifiers
- Ticker
- AVT
- Exchange
- Nasdaq
- Shares outstanding
- 82M, Aug 7, 2026
- Public float
- $3.96B, Dec 26, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Sep 29, 2000; 2-for-1, Feb 16, 1983; 11-for-10, Jun 1, 1981
- SEC CIK
- 8858
- CUSIP
- 053807103
- ISIN
- US0538071038
- LEI
- XJI53DCPL7QABOWK4Z75
- EIN
- 11-1890605
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Philip R. Gallagher | Chief Executive Officer, Director | 809,597 |
| Leng Jin Chan | SVP, CIO | 46,023 |
| Ken E. Arnold | SVP, Chief People Officer | 89,469 |
| Kenneth A. Jacobson | Chief Financial Officer | 115,636 |
| Michael Ryan McCoy | SVP, General Counsel | 106,280 |
| Jay David Youngblood | SVP, Chief Digital Officer | 13,725 |
| Elizabeth McMullen | Senior VP - Operations | 13,962 |
| Brenda Freeman | Director | 417 |
| Ernest E. Maddock | Director | 5,265 |
| Virginia Henkels | Director | 1,265 |
| Oleg Khaykin | Director | 9,000 |
| Helmut Gassel | Director | 1,265 |
| Rodney C. Adkins | Director | 40,564 |
| Adalio T. Sanchez | Director | 28,098 |
| Jo Ann Jenkins | Director | 33,156 |
| Avid Modjtabai | Director | 45,777 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Phil Gallagher | $9.89M | $6.64M | $2.36M | $230 | $256 |
| FY2024 Gallagher | $8.78M | $5.54M | $2.04M | $219 | $254 |
| FY2024 Phil Gallagher | $8.78M | $5.54M | $2.04M | $219 | $254 |
| FY2023 Gallagher | $9.72M | $13.43M | $1.93M | $209 | $218 |
| FY2023 Phil Gallagher | $9.72M | $13.43M | $1.93M | $209 | $218 |
| FY2022 Gallagher | $8.13M | $9.88M | $2.03M | $170 | $177 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of June 27, 2026, the Company had a global workforce of approximately 15,040 employees across 48 countries.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 3, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 7, 2018 | Listing | Registration of securities on an exchange (Form 8-A) |
| May 7, 2018 | Delisting | Notice of delisting from exchange (Form 25) |
| Apr 26, 2018 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 3, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 6, 2010 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 5, 2009 | Late filing | Notification of late filing |
| Jul 11, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 13, 2001 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 12, 2000 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Sep 8, 1999 | Merger | Registration of securities for a merger or exchange offer (S-4) |