Tessco Technologies Incorporated's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Tessco Technologies Incorporated (TESS) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Tessco Technologies Incorporated vs Its Competitors
- TTM: Trailing 12-month revenue of 452M vs 63,808M combined for tracked competitors (0.7% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-7.5% annualized vs trailing 12 months), vs decelerating (-4.4%) for its tracked peer group.
- Growth: Tessco Technologies Incorporated generated 2.9% revenue growth year over year in Q4 2023, vs -2.0% for its tracked competitors combined.
- Profitability: Its -5.4% net margin compares with 3.0% for the peer group.
- Peer revenue share: Tessco Technologies Incorporated accounted for 0.7% of combined revenue among its tracked peer group, up from 0.7% a year earlier.
- Peer differentiation: Revenue per employee of $0.87M compares with $1.69M for the peer group (0.5x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
TESS Sales vs. its Competitors, Q4 2023
Tessco Technologies Incorporated reported revenue growth of 2.88 % year on year in Q4 2023, above its competitors' combined revenue change of -1.99 %.
With a net margin of -5.39 %, Tessco Technologies Incorporated reported lower profitability than its competitors (3.01 %).
Tessco Technologies Incorporated generated 0.68 % of the combined sales of its peer group, up from 0.65 % a year earlier.
Tessco Technologies Incorporated vs. its Competitors, Q4 2023
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Tessco Technologies Incorporated and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Tessco Technologies Incorporated | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (5) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (8) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Tessco Technologies Incorporated's competitor groups requires a Commercial License.
For context: the Electronic Parts & Equipment industry grew revenue 31.1% year over year, combined, vs 2.9% for Tessco Technologies Incorporated. Tessco Technologies Incorporated's share of combined industry revenue moved from 0.54% to 0.43%, a loss of 0.12 percentage points.
Tessco Technologies Incorporated's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Tessco Technologies Incorporated | No | Yes | No | No |
| Competitors combined (5) | ||||
| High-Confidence Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 87.50 % (7 of 8) | 62.50 % (5 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
TESS Stock Performance relative to its Competitors
TESS Stock Performance relative to High-Confidence Competitors
TESS Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Immix Biopharma Inc | 282.9% | Outperformed |
| 2 | Avnet Inc | 282.9% | Outperformed |
| 3 | Arrow Electronics inc | 282.9% | Outperformed |
| 4 | Bos Better Online Solutions Ltd | 282.9% | Outperformed |
| 5 | Tss Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Tessco Technologies Incorporated's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Tessco Technologies Incorporated's Comment on Competition and Industry Peers
The wireless communications distribution industry is competitive and fragmented, and is comprised of distributors such as Brightstar, D&H, Genco ATC Logistics, Superior Communications and VoiceComm in our retail market and Alliance Corporation, Anixter, Comstor, Graybar, Hutton Communication, KPG Logistics, Ingram Micro, Talley Communications, Tech Data, Site Pro 1, VAV Wireless, Westcon and Winncom in our other markets. In addition, many manufacturers sell and fulfill directly to customers. Barriers to entry for distributors are relatively low, particularly in the mobile devices and accessory market, and the risk of new competitors entering the market is high. In addition, the agreements or arrangements with our customers or vendors looking to us for product and supply chain solutions are typically of limited duration and are terminable by either party upon several months or otherwise short notice. Accordingly, our ability to maintain these relationships is subject to competitive pressures and challenges. Some of our current competitors have substantially greater capital resources and sales and distribution capabilities than we do. In response to competitive pressures from any of our current or future competitors, we may be required to lower selling prices in order to maintain or increase market share, and such measures could adversely affect our operating results. We believe, however, that our strength in service, the breadth and depth of our product offering, our information technology system, our knowledge and expertise in wireless technologies and the wireless marketplace, and our large customer base and purchasing relationships with approximately 400 manufacturers, provide us with a significant competitive advantage over new entrants to the market.
Continuing changes in the wireless communications industry, including risks associated with conflicting technology, changes in technology, inventory obsolescence, and consolidation among wireless carriers, could adversely affect future operating results.
We believe that the principal competitive factors in supplying products to the wireless communications industry are the quality and consistency of customer service, particularly timely delivery of complete orders, breadth and quality of products offered and total procurement costs to the customer. We believe that we compete favorably with respect to each of these factors. In particular, we believe we differentiate ourselves from our competitors based on the breadth of our product offering, our ability to quickly provide products and supply chain solutions in response to customer demand and technological advances, our knowledge and expertise in wireless technologies and the wireless marketplace, the level of our customer service and the reliability of our order fulfillment process.
Publicly Traded Peers of Tessco Technologies Incorporated
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Tessco Technologies Incorporated | 82.36 | 452.06 |
| Arrow Electronics inc | 11,953.27 | 35,924.76 |
| Avnet Inc | 8,462.45 | 27,630.24 |
| Immix Biopharma Inc | 731.46 | - |
| Tss Inc | 285.69 | 202.11 |
| Bos Better Online Solutions Ltd | 29.48 | 50.57 |
| SUBTOTAL | 21,544.70 | 64,259.74 |
Sources: Tessco Technologies Incorporated's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Tessco Technologies Incorporated versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Tessco Technologies Incorporated's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| VoiceComm | Named by the company | 85% |
| Winncom | Named by the company | 85% |
| Alliance Corporation | Named by the company | 85% |
| DoubleRadius | Named by the company | 85% |
| ScanSource Inc. | Named by the company | 85% |
| Tech Data | Named by the company | 85% |
| Wesco | Named by the company | 85% |
| Comstor | Named by the company | 85% |
| Ingram Micro | Named by the company | 85% |
| Synnex | Named by the company | 85% |
| W.W. Grainger Inc. | Named by the company | 85% |
| Alliance Corporation | Named by the company | 85% |
| Anixter | Named by the company | 85% |
| GetWireless | Named by the company | 85% |
| Site Pro 1 | Named by the company | 85% |
| VAV Wireless | Named by the company | 85% |
| Westcon | Named by the company | 85% |
| Accu-Tech | Named by the company | 85% |
| Connectronics Corporation | Named by the company | 85% |
| KGPCo Logistics | Named by the company | 85% |
| Talley Communications | Named by the company | 85% |
| WAV Wireless | Named by the company | 85% |
| Primus | Named by the company | 85% |
| Brightstar | Named by the company | 85% |
| Graybar | Named by the company | 85% |
| Superior Communications | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Tessco Technologies Incorporated's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Tessco Technologies Incorporated's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Arrow Electronics inc | Global Components 70.09 % |
| Avnet Inc | Electronic Components 93.62 % |
| Tss Inc | Procurement 75.06 % |
| Bos Better Online Solutions Ltd | Supply Chain Solutions 70.29 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Tessco Technologies Incorporated's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Tessco Technologies Incorporated | 82 | 869,355 | -8,360 |
| Arrow Electronics inc | 11,953 | 1,616,048 | 36,513 |
| Avnet Inc | 8,462 | 1,837,117 | 22,233 |
| Immix Biopharma Inc | 731 | - | -1,900,820 |
| Tss Inc | 286 | 706,664 | 50,427 |
| Bos Better Online Solutions Ltd | 29 | 602,012 | 42,988 |
| PEERS TOTAL | 21,462 | 1,694,264 | 29,850 |
Tessco Technologies Incorporated's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Arrow Electronics inc | Other Foreign 42.04 % |
| Avnet Inc | Asia 48.58 % |
| Bos Better Online Solutions Ltd | IL 91.35 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Tessco Technologies Incorporated's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Electronic Parts & Equipment industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (14 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 20.15 % | 27.20 % (avg) | -7.0 pp |
| Operating Margin | -0.47 % | industry median | -5.9 pp |
| EBITDA Margin | -0.08 % | -1.52 % (avg) | +1.4 pp |
| Capital Intensity (Capex / Revenue) | 3.47 % | 1.82 % (avg) | +1.7 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Tessco Technologies Incorporated's Valuation vs Competitive Position
Valuation multiples vs the Electronic Parts & Equipment industry average (14 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 19.0x | - |
| EV / EBITDA | - | 14.2x | - |
| P/B | 0.7x | 2.1x | -1.4x |
| Return on Equity | -5.71 % | industry aggregate | -25.00 % |
| Return on Invested Capital | -0.96 % | 11.06 % (avg) | -12.02 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Tessco Technologies Incorporated's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -5.65 % | -0.88 % | 5.55 % | 10.26 % | -8.79 % | -16.19 % | -24.91 % | 28.11 % |
| Operating Margin | 2.26 % | 0.21 % | 0.90 % | 1.37 % | -1.39 % | -6.59 % | -1.62 % | 0.37 % |
| Return on Invested Capital | 5.06 % | 0.50 % | 2.28 % | 3.82 % | -3.60 % | -17.20 % | -2.85 % | 0.77 % |
| P/E | 22.4x | 335.7x | 27.7x | 17.1x | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Tessco Technologies Incorporated's Strategic Group Map
Every company in Tessco Technologies Incorporated's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Tessco Technologies Incorporated is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Tessco Technologies Incorporated's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 3.47 % vs industry average 1.82 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Tessco Technologies Incorporated's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Tessco Technologies Incorporated's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Tessco Technologies Incorporated's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Tessco Technologies Incorporated falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Tessco Technologies Incorporated's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Operating margin 5.9 points below the industry median.
- Return on equity 25.0 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-7.5% annualized vs trailing 12 months).
Opportunities
- Industry revenue growing at a healthy 14.5% median pace.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-4.4% annualized).
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Tessco Technologies Incorporated's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Tessco Technologies Incorporated | 0.03 | 1.94 | 0.75 |
| Arrow Electronics inc | 0.01 | 1.29 | 0.40 |
| Avnet Inc | 0.03 | 2.08 | 0.61 |
| Immix Biopharma Inc | 10.32 | 10.88 | - |
| Tss Inc | 0.83 | 1.42 | 0.36 |
| Bos Better Online Solutions Ltd | 0.90 | 2.70 | 0.07 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Tessco Technologies Incorporated's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Tessco Technologies Incorporated | Q1 2023 | +2.9 % | - |
| Arrow Electronics inc | Q2 2026 | +31.8 % | +45.9 % |
| Avnet Inc | Q2 2026 | +47.6 % | +1,978.8 % |
| Immix Biopharma Inc | Q2 2026 | - | - |
| Tss Inc | Q1 2026 | -44.1 % | -23.6 % |
| Bos Better Online Solutions Ltd | Q4 2025 | +26.6 % | +57.0 % |
| PEERS TOTAL | +37.6 % | +104.1 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Tessco Technologies Incorporated's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Tessco Technologies Incorporated | Q1 2023 | +1.2 % | +45.9 % |
| Arrow Electronics inc | Q2 2026 | +31.7 % | +13.5 % |
| Avnet Inc | Q2 2026 | +47.9 % | -71.9 % |
| Immix Biopharma Inc | Q2 2026 | - | -83.5 % |
| Tss Inc | Q1 2026 | -48.1 % | -96.4 % |
| Bos Better Online Solutions Ltd | Q4 2025 | +31.1 % | -12.9 % |
Tessco Technologies Incorporated's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Tessco Technologies Incorporated | - | - | - |
| Arrow Electronics inc | 2.54% | 8.45% | 12.01% |
| Avnet Inc | 2.50% | 4.10% | 6.74% |
| Immix Biopharma Inc | - | - | - |
| Tss Inc | 8.97% | 12.29% | 25.27% |
| Bos Better Online Solutions Ltd | 8.09% | 11.49% | 12.58% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Tessco Technologies Incorporated's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Tessco Technologies Incorporated | - | 0.18 |
| Arrow Electronics inc | 14.75 | 0.33 |
| Avnet Inc | 25.24 | 0.31 |
| Immix Biopharma Inc | - | - |
| Tss Inc | 18.34 | 1.41 |
| Bos Better Online Solutions Ltd | 8.19 | 0.58 |
| PEERS AVERAGE | 19.24 | 0.34 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.