undamentalytics Newsletter

Ingram Micro Holding vs TD Synnex

TD Synnex is the larger business, with $62.51bn of revenue in fiscal 2025 against $52.56bn for Ingram Micro Holding (1.2 times as much). Ingram Micro Holding grew faster (9.5% against 6.9%). TD Synnex kept more of each dollar of sales as profit: a net margin of 1.3% against 0.6%. TD Synnex carries less debt relative to equity (54.8% against 75.3%).

Latest fiscal yearIngram Micro HoldingINGM, 2025TD SynnexSNX, 2025
Revenue $52.56bn $62.51bn
Revenue growth 9.5% 6.9%
Net income $328m $828m
Operating margin 1.7% 2.3%
Net margin 0.6% 1.3%
Return on equity 8.2% 10.0%
Free cash flow $785m $1.39bn
Cash $1.86bn $2.44bn
Total debt $3.20bn $4.63bn
Debt to equity 75.3% 54.8%
Dividend per share $0.31 $1.76
Dividend yield 1.3% 0.9%
Share buybacks — $596m
Employees 22,200 —
Market value $6.21bn $18.04bn
Price vs our value range Above our value range Above our value range
Moat score — 31 (Weak)
Insider trades, 12 months 0 buys, 8 sales 0 buys, 139 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.