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U.S. Trade Distributors Industry Analysis

UpdatedJun 16, 2026
DataAggregated Company Financials
Companies59
  • 7D1.6%
  • 3M13.9%
  • 1Y22.9%
  • YTD15.0%

The Trade Distributors industry is up 1.6% in the last week, with Ferguson Enterprises up 5.0%. During this same period, the Core & Main underperformed, falling 8.8%. This takes the industry's 12 month performance to a gain of 23%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Jun 2026US$407.9bUS$202.7bUS$15.5b24.8x26.3x2x
Thu, 14 May 2026US$394.5bUS$202.5bUS$15.5b23.4x25.5x1.9x
Sat, 11 Apr 2026US$382.3bUS$197.4bUS$15.4b22.9x24.9x1.9x
Mon, 09 Mar 2026US$380.1bUS$200.5bUS$16.4b21.6x23.1x1.9x
Wed, 04 Feb 2026US$359.7bUS$186.3bUS$15.3b23.7x23.5x1.9x
Fri, 02 Jan 2026US$325.0bUS$183.2bUS$15.2b20.1x21.4x1.8x
Sun, 30 Nov 2025US$325.9bUS$182.8bUS$15.1b19.5x21.7x1.8x
Tue, 28 Oct 2025US$336.0bUS$181.1bUS$14.7b22.6x22.8x1.9x
Thu, 25 Sep 2025US$345.5bUS$179.7bUS$14.8b21.9x23.3x1.9x
Sat, 23 Aug 2025US$346.6bUS$184.6bUS$14.7b23.4x23.6x1.9x
Mon, 21 Jul 2025US$338.3bUS$181.4bUS$13.8b20.5x24.5x1.9x
Wed, 18 Jun 2025US$315.9bUS$181.3bUS$13.8b19.3x22.9x1.7x
Fri, 16 May 2025US$309.0bUS$182.0bUS$13.9b20.2x22.2x1.7x
Sun, 13 Apr 2025US$291.2bUS$191.1bUS$14.2b18.5x20.5x1.5x
Tue, 11 Mar 2025US$295.7bUS$190.9bUS$14.4b18.1x20.5x1.5x
Thu, 06 Feb 2025US$312.2bUS$190.2bUS$15.3b19.1x20.4x1.6x
Sat, 04 Jan 2025US$299.7bUS$189.4bUS$15.3b17x19.6x1.6x
Mon, 02 Dec 2024US$349.0bUS$189.2bUS$15.3b18.6x22.8x1.8x
Wed, 30 Oct 2024US$320.3bUS$191.1bUS$15.8b14.3x20.3x1.7x
Fri, 27 Sep 2024US$308.2bUS$190.8bUS$15.8b14.2x19.5x1.6x
Sun, 25 Aug 2024US$305.3bUS$190.6bUS$15.9b16.1x19.2x1.6x
Tue, 23 Jul 2024US$301.0bUS$189.8bUS$15.9b17.5x18.9x1.6x
Thu, 20 Jun 2024US$288.0bUS$189.8bUS$16.0b14.5x18x1.5x
Sat, 18 May 2024US$303.0bUS$189.5bUS$15.8b17.3x19.1x1.6x
Mon, 15 Apr 2024US$304.5bUS$188.7bUS$15.8b18.1x19.3x1.6x
Wed, 13 Mar 2024US$299.8bUS$189.1bUS$16.0b17.1x18.8x1.6x
Fri, 09 Feb 2024US$294.2bUS$188.6bUS$15.5b16.7x19x1.6x
Sun, 07 Jan 2024US$281.8bUS$206.5bUS$16.7b14.8x16.9x1.4x
Tue, 05 Dec 2023US$266.7bUS$205.5bUS$16.9b13.6x15.8x1.3x
Thu, 02 Nov 2023US$238.2bUS$205.1bUS$17.4b11.6x13.7x1.2x
Sat, 30 Sep 2023US$250.9bUS$203.7bUS$16.6b12.4x15.1x1.2x
Mon, 28 Aug 2023US$249.9bUS$203.7bUS$16.6b11.3x15x1.2x
Wed, 26 Jul 2023US$258.5bUS$202.8bUS$16.6b14.1x15.6x1.3x
Fri, 23 Jun 2023US$248.3bUS$202.4bUS$16.5b13.1x15x1.2x
Price to Earnings Ratio

15x


Total Market Cap: US$248.3bTotal Earnings: US$16.5bTotal Revenue: US$202.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Trade Distributors Industry Price to Earnings3Y Average 20.2x202420252026
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 26.3x which is higher than its 3-year average PE of 20.2x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Trade Distributors industry have declined 2.1% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

US Market2.20%
Industrials2.53%
Trade Distributors1.62%
Trade Companies and Distributors1.62%
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
EQPT EquipmentShare.comUS$22.4512.5%
+US$630.9m		n/aPE283.3x
AER AerCap HoldingsUS$142.982.8%
+US$624.4m		24.3%PE5.7x
QXO QXOUS$17.013.7%
+US$442.4m		-15.6%PS1.4x
XMTR XometryUS$85.986.1%
+US$278.7m		176.8%PS6.5x
RUSH.A Rush EnterprisesUS$70.532.9%
+US$154.6m		43.3%PE20.7x

Latest News

QXO
US$17.01
QXO
7D
3.7%
1Y
-15.6%
Seeking Alpha • 5h

QXO: The Ambition Will Pay Dividends, But Not Today

Summary QXO is rated Hold as it integrates major acquisitions—Beacon, Kodiak, and pending TopBuild—amid a sluggish housing cycle. QXO’s roll-up strategy aims to dominate the job site, leveraging scale, cross-selling, and pricing power, but integration and execution risks remain high. Leverage will rise to 2.85x post-TopBuild, with significant dilution and $9 billion in total debt, though balance sheet capacity remains for further deals. QXO trades at 13.9x EV/EBITDA, leaving little room for multiple expansion until integration succeeds and the housing cycle turns upward. Read the full article on Seeking Alpha
FAST
US$46.04
Fastenal
7D
-1.2%
1Y
10.8%
Analysis Article • 9h

Fastenal (FAST) Stock Looks Fairly Priced After 12% Q1 Sales Growth

Fastenal (FAST) is back in focus after reporting a 12% rise in first quarter 2026 net sales, tied to share gains, broad-based demand, and ongoing efforts in digital tools and cost control. See our latest analysis for Fastenal. Fastenal's recent 12% net sales growth and new board appointment of digital executive Vishal Talwar come against a backdrop of a 14.0% year to date share price return and a 5 year total shareholder return of 102.03%, suggesting momentum has been building over longer...
CNM
US$47.77
Core & Main
7D
-9.3%
1Y
-14.1%
WSO
US$389.14
Watsco
7D
0.8%
1Y
-8.3%
XMTR
US$85.98
Xometry
7D
6.1%
1Y
176.8%
Narrative Update • Jun 12

XMTR: Reshoring And AI Marketplace Adoption Will Drive Future Earnings Power

Analysts have lifted their price targets on Xometry from $30 to $33, citing updated assumptions around revenue growth, profit margins and future P/E that support a refined $100.0 fair value estimate. Analyst Commentary Recent Street research points to a cluster of bullish analysts revisiting their assumptions on Xometry and lifting price targets in response to updated views on revenue, margins and future P/E.
EQPT
US$22.45
EquipmentShare.com
7D
12.5%
1Y
n/a
TITN
US$19.56
Titan Machinery
7D
-5.1%
1Y
2.0%
AER
US$142.98
AerCap Holdings
7D
2.8%
1Y
24.3%
GATX
US$177.66
GATX
7D
1.5%
1Y
17.3%
RUSH.A
US$70.53
Rush Enterprises
7D
2.9%
1Y
43.3%
Narrative Update • Jun 07

RUSH.A: Recent Bullish Coverage Will Support Reassessment Of Upside Potential

Narrative Update The analyst price target for Rush Enterprises has increased by $5. Analysts cite recent target increases from multiple firms, along with a new bullish initiation, as support for this revised view.
URI
US$1,069.81
United Rentals
7D
-2.2%
1Y
53.9%
GWW
US$1,319.72
W.W. Grainger
7D
-0.8%
1Y
26.2%
Narrative Update • Jun 04

GWW: Short Cycle Recovery Will Likely Drive Future Multiple Compression Risk

Analysts have raised the updated price target framework for W.W. Grainger, increasing the modeled fair value from about $964.94 to approximately $1,031.07. This change reflects higher published Street targets from several firms following recent Q1 estimate updates and roll-forward adjustments.
FERG
US$234.80
Ferguson Enterprises
7D
-0.3%
1Y
10.9%
Narrative Update • Jun 04

FERG: Buybacks And Execution Will Support Higher Medium Term Earnings Power

Ferguson Enterprises' analyst price target has shifted modestly higher to about $285 from roughly $276, as analysts factor in updated assumptions around revenue growth, profit margins, and future P/E following recent mixed target revisions from major firms. Analyst Commentary Recent Street research on Ferguson Enterprises has been mixed, with some firms lifting their price targets and others trimming them.
ZKH
US$2.72
ZKH Group
7D
-5.9%
1Y
-11.1%
Narrative Update • Jun 03

ZKH: Share Repurchase And Improved Profit Outlook Will Support Future Upside

Analysts have raised their price target for ZKH Group to $4.76 from $4.65, citing updated assumptions around revenue growth, profit margins, discount rate and a lower future P/E estimate as key drivers of the change. What's in the News ZKH Group completed a share repurchase tranche, buying back 1,400,000 shares for US$4.4 million, equal to 0.86% of the company.
WLFC
US$193.50
Willis Lease Finance
7D
4.8%
1Y
35.9%
SUNB
US$83.00
Sunbelt Rentals Holdings
7D
-0.8%
1Y
33.5%