Ingram Micro (INGM)
Information Technology · IT distribution and B2B technology solutions platform
A global IT solutions distributor and B2B platform provider that aggregates technology from 1,500+ vendors and transforms it into customized products and services for resellers and enterprise partners.
What Ingram Micro does
Ingram Micro is a leading global IT solutions provider and distributor that sits at the center of the technology ecosystem, serving as an intermediary between major technology vendors (such as Microsoft, Apple, HP, Lenovo, and cloud providers) and reseller partners. The company distributes technology products, professional services, software, cloud solutions, and digital offerings through four geographic segments (North America, EMEA, Asia-Pacific, and Latin America) and its proprietary Xvantage platform. Its core purpose is to help business partners scale and operate efficiently by removing complexity from the IT supply chain and enabling them to deliver better business outcomes to their end customers.
Themes: ["IT distribution and supply chain","B2B commerce platforms","Cloud solutions aggregation","Cybersecurity services","AI/ML services and integration","Digital transformation and automation","Hybrid work and endpoint management"]
Fundamentals
- Price$29.04 as of 2026-07-09 close
- Market cap$6.4B as of 2026-07-10
- 1-year return+33.8% as of 2026-07-09 close
- P/E17.84 as of 2026-07-10
- Net margin+0.7% as of 2026-07-10
- Gross margin+6.6% as of 2026-07-10
- ROE+8.6% as of 2026-07-10
- Debt / equity0.79 as of 2026-07-10
- Revenue growth (YoY)+10.9% as of 2026-07-10
- Revenue CAGR (3y)+1.1% SEC XBRL
- Beta1.03 as of 2026-07-10
Dividend: yield +1.2%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Heavy dependence on a few major vendors (Apple ~21%, HP ~9%, Lenovo ~10% of FY2025 net sales) creates concentration risk and supplier leverage","Ownership and control by Platinum Equity may create conflicts of interest with minority shareholders; company operates as a \"controlled company\"","Global macro exposure to tariffs, trade policy changes, geopolitical conflicts, and supply chain constraints in technology categories creates revenue and margin volatility"]
Competitors & peers
- Tech Data Corporation (TECD)
- Arrow Electronics (ARW)
- ScanSource (SCSX)
- Insight Enterprises (NSIT)
- Synnex / TD Synnex (SNX)
- Heilind Industries
- D&H Distributing
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.