6 Biggest Companies Headquartered in Arizona by Revenue [2022]

Written by Ricky Nave in Money Maps & Rankings

These are the 6 largest companies headquartered in Arizona, as ranked by total revenue over the 4 quarters ended September 30, 2022.

1. Avnet ($25.476 Billion)

Avnet (NASDAQ: AVT) is a Phoenix-based distributor of electronic components that generated $25 billion in revenue over the last 4 quarters. The company operates with two business segments:

  • Electronic Components (“EC”) — Markets, sells, and distributes electronic components including semiconductors, IP&E (interconnect, passive, and electromechanical) components, and embedded components. This segment primarily serves high-volume customers in markets such as automotive, medical, defense, and aerospace. FY 2022 sales from this segment were 80% semiconductor products, 17% IP&E, 2% computers, and 1% other products and services.
  • Farnell — Distributes a comprehensive portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to both engineers and entrepreneurs, primarily through an e-commerce channel. This segment focuses on serving lower-volume customers that need components quickly to develop, prototype, and test their products.
Official Company NameAVNET, INC.
State of IncorporationNew York
Headquarters Address2211 South 47th Street
Phoenix, AZ 85034
Corporate Phone Number480-643-2000
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

2. Freeport-McMoRan ($23.186 Billion)

Freeport-McMoRan (NYSE: FCX) is an international mining company that produces copper, gold, and molybdenum. One of the company’s mines is named Climax, and total revenue was $23 billion.

Official Company NameFreeport-McMoRan Inc.
State of IncorporationDelaware
Headquarters Address333 North Central Avenue
Phoenix, AZ 85004
Corporate Phone Number602-366-8100
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

3. Carvana ($14.520 Billion)

Carvana (NYSE: CVNA) is an online platform for buying and selling used cars. The company’s stock price has been absolutely decimated in 2022, but the company still generated $15 billion in revenue over the last 4 quarters.

Official Company NameCARVANA CO.
State of IncorporationDelaware
Headquarters Address300 E. Rio Salado Parkway
Tempe, AZ 85281
Corporate Phone Number480-719-8809
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

4. Banner Health ($13 Billion in 2021)

Banner Health is a non-profit healthcare organization that operates 30 hospitals and several specialized facilities across 6 states. The organization is the single largest employer in Arizona and generated approximately $13 billion over the last year compared with $12.4 billion in 2021, $10.4 billion in 2020, and $9.4 billion in 2019.

Headquarters AddressBanner Corporate Center
2901 N Central Ave Ste 160
Phoenix, AZ 85012
Corporate Phone Number602-747-4000
FinancialsBasic Financial Info

5. Republic Services ($12.934 Billion)

Republic Services (NYSE: RSG) is a waste and environmental management company that operates 198 active landfills, 124 closed landfills, 356 waste collection locations, 239 transfer stations, 71 recycling processing centers, and 77 landfill gas-to-energy and other renewable energy projects. Total revenue was $13 billion.

Official Company NameREPUBLIC SERVICES, INC.
State of IncorporationDelaware
Headquarters Address18500 North Allied Way
Phoenix, AZ 85054
Corporate Phone Number480-627-2700
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

6. Insight Enterprises NSIT ($10.494 Billion)

Insight Enterprises (NASDAQ: NSIT) is an IT and technology services company serving large enterprise customers. The company offers hardware, software, and services including cybersecurity services, cloud solutions, IT supply chain assistance, and more.

Official Company NameINSIGHT ENTERPRISES, INC.
State of IncorporationDelaware
Headquarters Address2701 E. Insight Way
Chandler, AZ 85286
Corporate Phone Number480-333-3000
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

Ricky Nave

In college, Ricky studied physics & math, won a prestigious research competition hosted by Oak Ridge National Laboratory, started several small businesses including an energy chewing gum business and a computer repair business, and graduated with a thesis in algebraic topology. After graduating, Ricky attended grad school at Duke University in the mathematics PhD program where he worked on quantum algorithms & non-Euclidean geometry models for flexible proteins. He also worked in cybersecurity at Los Alamos during this time before eventually dropping out of grad school to join a startup working on formal semantic modeling for legal documents. Finally, he left that startup to start his own in the finance & crypto space. Now, he helps entrepreneurs pay less capital gains tax.

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