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U.S. Trade Distributors Industry Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies61
  • 7D6.2%
  • 3M0.9%
  • 1Y30.0%
  • YTD6.7%

In the last week, the Trade Distributors industry is up 6.2%, with Ferguson Enterprises leading the way, up 7.9%. This means that the industry has gained 30% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the U.S. Trade Distributors Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Apr 2026US$377.4bUS$197.4bUS$15.4b22.6x24.5x1.9x
Sun, 08 Mar 2026US$380.1bUS$200.5bUS$16.4b21.6x23.1x1.9x
Tue, 03 Feb 2026US$355.1bUS$188.7bUS$15.4b23.7x23x1.9x
Thu, 01 Jan 2026US$330.6bUS$183.2bUS$15.2b20.1x21.8x1.8x
Sat, 29 Nov 2025US$326.0bUS$182.8bUS$15.1b19.5x21.7x1.8x
Mon, 27 Oct 2025US$337.0bUS$181.1bUS$14.7b22.9x22.9x1.9x
Wed, 24 Sep 2025US$344.3bUS$179.7bUS$14.8b22.5x23.2x1.9x
Fri, 22 Aug 2025US$348.7bUS$184.6bUS$14.7b22.2x23.8x1.9x
Sun, 20 Jul 2025US$338.3bUS$181.4bUS$13.8b20.5x24.5x1.9x
Tue, 17 Jun 2025US$315.0bUS$181.3bUS$13.8b19.8x22.8x1.7x
Thu, 15 May 2025US$309.0bUS$182.0bUS$13.9b19.9x22.2x1.7x
Sat, 12 Apr 2025US$284.1bUS$191.1bUS$14.2b18.5x20x1.5x
Mon, 10 Mar 2025US$295.7bUS$190.9bUS$14.4b18.3x20.5x1.5x
Wed, 05 Feb 2025US$312.2bUS$190.2bUS$15.3b19.1x20.4x1.6x
Fri, 03 Jan 2025US$302.5bUS$189.4bUS$15.3b16.3x19.8x1.6x
Sun, 01 Dec 2024US$349.0bUS$189.2bUS$15.3b18.6x22.8x1.8x
Tue, 29 Oct 2024US$316.3bUS$191.1bUS$15.8b14.7x20x1.7x
Thu, 26 Sep 2024US$310.6bUS$190.7bUS$15.8b14.1x19.6x1.6x
Sat, 24 Aug 2024US$298.7bUS$190.6bUS$15.8b16.1x18.9x1.6x
Mon, 22 Jul 2024US$301.0bUS$189.8bUS$15.9b17.2x18.9x1.6x
Wed, 19 Jun 2024US$284.4bUS$189.8bUS$16.0b14.5x17.8x1.5x
Fri, 17 May 2024US$309.8bUS$189.5bUS$15.8b17.3x19.6x1.6x
Sun, 14 Apr 2024US$307.2bUS$188.7bUS$15.8b18.1x19.4x1.6x
Tue, 12 Mar 2024US$299.8bUS$189.1bUS$16.0b17.1x18.8x1.6x
Thu, 08 Feb 2024US$292.7bUS$188.6bUS$15.5b15.9x18.9x1.6x
Sat, 06 Jan 2024US$282.4bUS$206.5bUS$16.7b14.8x16.9x1.4x
Mon, 04 Dec 2023US$266.7bUS$205.5bUS$16.9b13.8x15.8x1.3x
Wed, 01 Nov 2023US$238.9bUS$205.2bUS$17.4b11.4x13.7x1.2x
Fri, 29 Sep 2023US$250.9bUS$203.7bUS$16.6b12.6x15.1x1.2x
Sun, 27 Aug 2023US$249.9bUS$203.7bUS$16.6b11.3x15x1.2x
Tue, 25 Jul 2023US$258.5bUS$202.6bUS$16.5b14.1x15.6x1.3x
Thu, 22 Jun 2023US$248.3bUS$202.3bUS$16.5b13.2x15x1.2x
Sat, 20 May 2023US$228.8bUS$202.0bUS$16.8b12.2x13.6x1.1x
Mon, 17 Apr 2023US$222.7bUS$200.4bUS$14.0b12.7x15.9x1.1x
Price to Earnings Ratio

15.9x


Total Market Cap: US$222.7bTotal Earnings: US$14.0bTotal Revenue: US$200.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Trade Distributors Industry Price to Earnings3Y Average 19.6x202420252026
Current Industry PE
  • Investors are optimistic on the American Trade Distributors industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.5x which is higher than its 3-year average PE of 19.6x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Trade Distributors industry have grown 3.2% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market3.43%
Industrials5.01%
Trade Distributors6.23%
Trade Companies and Distributors6.23%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FERG Ferguson EnterprisesUS$253.687.9%
+US$3.6b		56.8%PE26.1x
FAST FastenalUS$49.106.0%
+US$3.2b		21.8%PE44.8x
GWW W.W. GraingerUS$1.17k4.9%
+US$2.6b		22.0%PE32.6x
URI United RentalsUS$767.364.8%
+US$2.2b		32.3%PE19.3x
SUNB Sunbelt Rentals HoldingsUS$67.617.2%
+US$1.8b		30.6%PE20.1x

Latest News

URI
US$767.36
United Rentals
7D
4.8%
1Y
32.3%
SPPL
US$1.94
Simpple
7D
-3.0%
1Y
-43.6%
FAST
US$49.10
Fastenal
7D
6.0%
1Y
21.8%

FAST: Future Returns Will Rely On Sales Resilience And Execution Consistency

Fastenal's analyst price targets have edged higher, with recent moves such as Baird lifting its target to $52 from $51 and Barclays moving to $44 from $43, as analysts update their models following stronger than expected February average daily sales. Analyst Commentary Recent research updates offer a mixed picture, with some analysts highlighting support from stronger than expected February average daily sales and others taking a more measured stance on how much upside is already reflected in the shares.
QXO
US$21.18
QXO
7D
11.3%
1Y
60.5%
WSO
US$403.88
Watsco
7D
9.1%
1Y
-19.1%

WSO: Home Depot Partnership Reaction And Dividend Policy Will Shape Future Sentiment

Watsco's analyst price target has moved from an implied fair value of $335.92 to $362.00, as analysts factor in higher peer valuations, updated discount rates and P/E assumptions, and recent commentary that the 9% pullback following the Home Depot deal may have been an overreaction. Analyst Commentary Recent research has centered on how Watsco's valuation compares with peers and how to interpret the share move following the Home Depot partnership announcement.
GWW
US$1,172.21
W.W. Grainger
7D
4.9%
1Y
22.0%

GWW: Short Cycle Recovery Will Heighten Risk Of Multiple Compression

Analysts have lifted the W.W. Grainger price target from $874.03 to $930.00, reflecting updated views on revenue growth, profit margin and future P/E assumptions following a series of upward target revisions from major research firms. Analyst Commentary Recent research updates on W.W. Grainger highlight a mix of optimism on the business and caution on valuation and execution.
SUNB
US$67.61
Sunbelt Rentals Holdings
7D
7.2%
1Y
30.6%

Mega Project Demand And Specialty Expansion Will Support A Fairly Valued Equipment Renter

Catalysts About Sunbelt Rentals Holdings Sunbelt Rentals Holdings provides equipment rental solutions across general tools and specialty lines for construction and nonconstruction customers in North America and the U.K. What are the underlying business or industry changes driving this perspective? Although mega projects in data centers, health care, infrastructure, energy and manufacturing are supporting equipment demand, the long and gradual build and run down phases on these large sites can tie up fleet for extended periods and limit flexibility.
EQPT
US$20.31
EquipmentShare.com
7D
-0.1%
1Y
n/a

Mega Project Expansion And OWN Program Will Reshape Long Term Equipment Rental Demand

Catalysts About EquipmentShare.com EquipmentShare.com provides tech enabled equipment rental, job site services and a connected platform for contractors across the United States. What are the underlying business or industry changes driving this perspective?
XMTR
US$40.62
Xometry
7D
-4.1%
1Y
93.9%

XMTR: AI Marketplace Resilience And Execution Will Support Future Upside

Narrative Update on Xometry The average analyst price target for Xometry has been reset toward the mid $50s to low $60s range, with cuts such as $70 to $60 and $75 to $65, offset by a smaller increase from $54 to $55, as analysts factor in strong recent execution, leadership changes, and updated views on AI related risks and opportunities for the business. Analyst Commentary Recent research paints a mixed but generally constructive picture of Xometry, with analysts updating targets and views in response to earnings, guidance, leadership changes, and evolving AI related risks.
CAPS
US$0.54
Capstone Holding
7D
-6.2%
1Y
-77.6%
FERG
US$253.68
Ferguson Enterprises
7D
7.9%
1Y
56.8%

FERG: Large Project Exposure And Buybacks Will Support Medium Term Upside

Ferguson Enterprises' updated analyst price target edges higher to $277.18 from $276.55, as analysts factor in slightly lower discount rates, modestly adjusted revenue growth assumptions, a small uptick in profit margin expectations, and a higher future P/E multiple. Analyst Commentary Recent research points to a cluster of higher price targets for Ferguson Enterprises, with analysts reacting to Q4 results, updated medium term targets, and the company’s role in large capital projects.
NPT
US$9.82
Texxon Holding
7D
-22.5%
1Y
n/a
MWYN
US$0.68
Marwynn Holdings
7D
-9.3%
1Y
-84.5%
WCC
US$299.52
WESCO International
7D
8.0%
1Y
104.0%
IPW
US$1.13
iPower
7D
-16.3%
1Y
-92.1%