Avnet, Inc., established in Phoenix, Arizona, in 1921, operates as a global technology distributor and solutions provider. The company specializes in marketing, selling, and distributing electronic components, with its business activities structured into two distinct segments: Electronic Components and Farnell. The Electronic Components division is responsible for the marketing, sales, and distribution of a diverse range of electronic components, including semiconductors, interconnect devices, passive and electromechanical components, and other integrated parts sourced from various manufacturers. This segment offers extensive support beyond mere distribution, providing "design chain" services such as technical design solutions for engineers, alongside engineering and technical resources crucial for product design, bill of materials development, and ongoing technical education and training. Additionally, it delivers "supply chain" solutions, offering logistical and support services to original equipment manufacturers (OEMs), electronic manufacturing service (EMS) providers, and electronic component manufacturers. It also provides integrated solutions, which involve the technical design, integration, and assembly of embedded products and systems, primarily for industrial applications. Its offerings extend to innovative embedded display solutions, including both touch and passive display technologies. Furthermore, it develops and manufactures standard board and industrial subsystems, as well as application-specific devices, allowing for the production of systems finely tuned to specific customer requirements. This segment caters to a wide spectrum of markets, including automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment is dedicated to distributing kits, tools, electronic and industrial automation components, and test and measurement products, serving engineers and entrepreneurs alike. Avnet maintains a global presence, with operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
CEO: Philip R. Gallagher. Company website
Avnet, Inc. (AVT) trades at $96.12, up 3.22% on the day, as of Sep 20, 2026 14:59 UTC.
Avnet, Inc. has a market capitalisation of $7.88B, calculated from the live AVT share price and shares outstanding.
AVT trades at a trailing P/E of 24.09, from earnings per share of $3.99 over the last twelve months.
Avnet, Inc. generated revenue of $27.63B over the trailing twelve months, which puts the stock at 0.29 times sales.
Yes. Avnet, Inc. pays a dividend yielding 2.67% on the current share price.
AVT has traded between $44.25 and $100.00 over the past 52 weeks, and the last price is 3.9% below that high.
Yes. Avnet, Inc. keeps 1.21% of revenue as net income over the trailing twelve months.
Wall Street analysts rate AVT Hold, with an average price target of $92.33, 3.9% below the current price.
Avnet, Inc. is classified under the Technology sector and the Technology Distributors industry, and is domiciled in US.
Philip R. Gallagher is the chief executive of Avnet, Inc., which employs 15,040 people.
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