Skip to Content
  • Previous Rank412
  • Revenues ($M)$36,775
  • Revenue Percent Change40.2%
  • Profits ($M)$116.6
  • Profits Percent Change-40.2%
  • Assets ($M)$12,652.60
  • Employees14,000

Technology product distributor Tech Data moved solidly into the data center market with its $2.6 billion acquisition of Avnet’s technology services unit in February. The deal helped boost revenue 40% in 2017 to a record $36.8 billion and move the company up the food chain from reselling items like phones, PCs, and servers to the more expensive data center equipment. That’s a smart move by CEO Robert Dutkowsky to follow his customers, as businesses increasingly move from running their own servers to relying on the huge centers run by Amazon, Google, and others. Still, hardware sales hit a road bump over the summer, sending Tech Data’s stock plunging, and Wall Street remains worried about the business. Change could be coming, however, as 30-year IBM veteran Rich Hume took over for Dutkowsky as CEO in June.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Information

CEO
Richard T. Hume
Sector
Wholesalers
Industry
Wholesalers: Electronics and Office Equipment
HQ Location
Clearwater, Fla.
Websitehttp://www.techdata.com
Years on Global 500 List20
Employees14,000
Figures are for fiscal year ended Jan. 31, 2018.

Tech Data Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$36,77540.2%
Profits ($M)$116.6-40.2%
Assets ($M)$12,652.60-
Total Stockholder Equity ($M)$2,921.50-

Profit Ratios

Profit as % of Revenues0.3%
Profits as % of Assets0.9%
Profits as % of Stockholder Equity4%