Sector Alpha Week of 2026-07-28
20-quarter listed-company comparison

Industrial Distribution Stocks

Industrial Distribution: Ferguson Enterprises Inc. owns the largest revenue base; QXO, Inc. has the fastest current growth.

The industry itself · before any single company

How has Industrial Distribution moved against S&P 500?

The line below covers 5.2 years. Over the most recent two of them this industry is 17% ahead of S&P 500. Earnings across its companies grew 3% on average over the last four reported quarters — close to flat.

TURNING · ahead 1w~Price up, without the fundamentals confirming7 of 19 companies ahead of S&P 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS ↑1w · 12/19 >200d (+2) · 7/19 lead (+3) · EPS 11/18↑

200202620252024202320222021 418348 TRAILING 12-MONTH EPS · 100 AT THE START0100132Jun 22Dec 22Jun 23Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 9 reporting · thin coverageJun 2022 · trailing 12-month earnings per share at 105, against 100 at the start · no comparable year yet · 15 reportingSep 2022 · trailing 12-month earnings per share at 113, against 100 at the start · no comparable year yet · 15 reportingDec 2022 · trailing 12-month earnings per share at 114, against 100 at the start · no comparable year yet · 18 reportingMar 2023 · trailing 12-month earnings per share at 132, against 100 at the start · up 40.0% on a year ago · 14 reportingJun 2023 · trailing 12-month earnings per share at 120, against 100 at the start · up 18.9% on a year ago · 16 reportingSep 2023 · trailing 12-month earnings per share at 115, against 100 at the start · up 4.3% on a year ago · 18 reportingDec 2023 · trailing 12-month earnings per share at 112, against 100 at the start · down 11.4% on a year ago · 17 reportingMar 2024 · trailing 12-month earnings per share at 112, against 100 at the start · down 13.5% on a year ago · 16 reportingJun 2024 · trailing 12-month earnings per share at 112, against 100 at the start · down 13.3% on a year ago · 16 reportingSep 2024 · trailing 12-month earnings per share at 95, against 100 at the start · down 10.5% on a year ago · 16 reportingDec 2024 · trailing 12-month earnings per share at 85, against 100 at the start · down 3.5% on a year ago · 17 reportingMar 2025 · trailing 12-month earnings per share at 106, against 100 at the start · down 14.1% on a year ago · 15 reportingJun 2025 · trailing 12-month earnings per share at 106, against 100 at the start · down 5.0% on a year ago · 15 reportingSep 2025 · trailing 12-month earnings per share at 105, against 100 at the start · down 2.2% on a year ago · 15 reportingDec 2025 · trailing 12-month earnings per share at 101, against 100 at the start · down 2.0% on a year ago · 16 reportingMar 2026 · trailing 12-month earnings per share at 102, against 100 at the start · up 6.3% on a year ago · 14 reportingJun 2026 · trailing 12-month earnings per share at 34, against 100 at the start · up 9.8% on a year ago · 6 reporting · thin coverageNot reported yet — earnings trail price by a quarter or two34No earnings on file this far back — the price series reaches further than the filings do
200202620252024202320222021 418348 TRAILING 12-MONTH EPS · 100 AT THE START0100132Jun 22Jun 23Jun 24Jun 25Jun 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 9 reporting · thin coverageJun 2022 · trailing 12-month earnings per share at 105, against 100 at the start · no comparable year yet · 15 reportingSep 2022 · trailing 12-month earnings per share at 113, against 100 at the start · no comparable year yet · 15 reportingDec 2022 · trailing 12-month earnings per share at 114, against 100 at the start · no comparable year yet · 18 reportingMar 2023 · trailing 12-month earnings per share at 132, against 100 at the start · up 40.0% on a year ago · 14 reportingJun 2023 · trailing 12-month earnings per share at 120, against 100 at the start · up 18.9% on a year ago · 16 reportingSep 2023 · trailing 12-month earnings per share at 115, against 100 at the start · up 4.3% on a year ago · 18 reportingDec 2023 · trailing 12-month earnings per share at 112, against 100 at the start · down 11.4% on a year ago · 17 reportingMar 2024 · trailing 12-month earnings per share at 112, against 100 at the start · down 13.5% on a year ago · 16 reportingJun 2024 · trailing 12-month earnings per share at 112, against 100 at the start · down 13.3% on a year ago · 16 reportingSep 2024 · trailing 12-month earnings per share at 95, against 100 at the start · down 10.5% on a year ago · 16 reportingDec 2024 · trailing 12-month earnings per share at 85, against 100 at the start · down 3.5% on a year ago · 17 reportingMar 2025 · trailing 12-month earnings per share at 106, against 100 at the start · down 14.1% on a year ago · 15 reportingJun 2025 · trailing 12-month earnings per share at 106, against 100 at the start · down 5.0% on a year ago · 15 reportingSep 2025 · trailing 12-month earnings per share at 105, against 100 at the start · down 2.2% on a year ago · 15 reportingDec 2025 · trailing 12-month earnings per share at 101, against 100 at the start · down 2.0% on a year ago · 16 reportingMar 2026 · trailing 12-month earnings per share at 102, against 100 at the start · up 6.3% on a year ago · 14 reportingJun 2026 · trailing 12-month earnings per share at 34, against 100 at the start · up 9.8% on a year ago · 6 reporting · thin coverageNot reported yet — earnings trail price by a quarter or twoNo earnings on file this far back — the price series reaches further than the filings do
Industrial Distribution, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy MixedHow much of the industry is participating, how recently, and whether the movers score well.
Together7 of 19 stocks moving
Fresh3 crossed in the last 4 weeks
Backed by scoresmovers score +6 vs the industry average
Down the cap ladder — bar is now, tick is four weeks ago
Large 1/40
Mid 2/70
Small 4/8+3

Participation is spreading downward — the mid and small companies added more this month than the large ones did.

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 19 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Industrial Distribution outperforming S&P 500?

Industrial Distribution has underperformed S&P 500 by 2.6% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 0.3%. 9 of 20 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Xometry, Inc. is the strongest against the sector itself at +26.9%.

-0.3%Sector vs S&P 500 · 13 weeks
-2.6%Sector vs S&P 500 · 52 weeks
9/20Stocks leading S&P 500
9/20Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Industrial Distribution has underperformed S&P 500 by 2.6% over 52 weeks and 0.3% over 13 weeks. 9 of 20 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 20 beat the sector itself. Ferguson Enterprises Inc. leads with revenue of $31,759 million, based on 15 of 20 comparable companies through Mar 2026.

Is the Industrial Distribution sector outperforming S&P 500?

Industrial Distribution has underperformed S&P 500 by 2.6% over 52 weeks and 0.3% over 13 weeks. 9 of 20 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 20 beat the sector itself.

Which Industrial Distribution company is largest by revenue?

Ferguson Enterprises Inc. leads with revenue of $31,759 million, based on 15 of 20 comparable companies through Mar 2026.

Which Industrial Distribution company is growing fastest?

QXO, Inc. has the fastest current revenue growth at 100%, across 15 of 20 comparable companies.

Which Industrial Distribution company has the strongest 4-Factor Sector Score?

MSC Industrial Direct Co., Inc. ranks first at 69.7/100 with 86.2% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Industrial Distribution company reports the most CAPEX?

W.W. Grainger, Inc. reports the largest latest CAPEX at $170 million, with 20 of 20 companies comparable.

Which Industrial Distribution company has the least gross debt?

EVI Industries, Inc. has the lowest comparable gross debt at $73 million. WESCO International, Inc. has the highest at $6,533 million.

Which Industrial Distribution company has the lowest comparable PEG?

Ferguson Enterprises Inc. has the lowest comparable Guarded PEG at 0.7, among 10 of 20 companies that pass the metric’s comparability rules.

How much history does this Industrial Distribution comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
20
complete canonical membership
Combined market value
$270.6B
W.W. Grainger, Inc.
Revenue growing
13/15
positive TTM year-on-year growth
Beating S&P 500
9/20
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
MSC Industrial Direct Co., Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 86.2% evidence confidence.
Global Industrial Company has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. MSC Industrial Direct Co., Inc. · MSM

69.7/100 · Favorable setup · 86% evidence

Exact sum: 23.9 + 15.3 + 11.5 + 19 = 69.7

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

23.9/35Growth & earnings

Revenue 4.4% · PAT 16.3% · OPM change 1.7 pp

95% evidence

15.3/25Capital efficiency

ROCE 6.1% · debt/equity 0.39×

80% evidence

11.5/20Valuation

P/E 26.4× · PEG 1.56

65% evidence

19.0/20Relative strength

RS sector 21.5% · RS bench 21.1% · 1Y 46.5%

100% evidence

2. Fastenal Company · FAST

60.8/100 · Thin evidence · provisional · 59% evidence

Exact sum: 20.6 + 19.4 + 9.2 + 11.6 = 60.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.6/35Growth & earnings

Revenue — · PAT — · OPM change 0.2 pp

45% evidence

19.4/25Capital efficiency

ROCE 11.7% · debt/equity 0.11×

80% evidence

9.2/20Valuation

P/E 40.7× · PEG —

15% evidence

11.6/20Relative strength

RS sector -0.2% · RS bench -0.9% · 1Y 5.9%

100% evidence

3. W.W. Grainger, Inc. · GWW

59.6/100 · Mixed-positive evidence · 82% evidence

Exact sum: 18.8 + 16.4 + 5.6 + 18.8 = 59.6

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

18.8/35Growth & earnings

Revenue 6.6% · PAT -4.3% · OPM change 1.1 pp

83% evidence

16.4/25Capital efficiency

ROCE 11.4% · debt/equity 0.64×

80% evidence

5.6/20Valuation

P/E 29.3× · PEG 3.25

65% evidence

18.8/20Relative strength

RS sector 18.5% · RS bench 18% · 1Y 50%

100% evidence

4. Xometry, Inc. · XMTR

59.3/100 · Mixed-positive evidence · 62% evidence

Exact sum: 24 + 5.3 + 10 + 20 = 59.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

24.0/35Growth & earnings

Revenue 28.9% · PAT — · OPM change 7.7 pp

62% evidence

5.3/25Capital efficiency

ROCE -0.9% · debt/equity 1.2×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

20.0/20Relative strength

RS sector 26.9% · RS bench 26.9% · 1Y 167.1%

100% evidence

5. Applied Industrial Technologies, Inc. · AIT

57.6/100 · Mixed-positive evidence · 82% evidence

Exact sum: 18.1 + 16 + 5.8 + 17.7 = 57.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

18.1/35Growth & earnings

Revenue 7.5% · PAT 4.1% · OPM change -0.1 pp

83% evidence

16.0/25Capital efficiency

ROCE 5.4% · debt/equity 0.2×

80% evidence

5.8/20Valuation

P/E 25.1× · PEG 3.96

65% evidence

17.7/20Relative strength

RS sector 16% · RS bench 15.5% · 1Y 31.7%

100% evidence

6. Ferguson Enterprises Inc. · FERG

52.6/100 · Mixed-positive evidence · 82% evidence

Exact sum: 20.1 + 12.5 + 15.5 + 4.5 = 52.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.1/35Growth & earnings

Revenue 6.2% · PAT 27.7% · OPM change 2.2 pp

83% evidence

12.5/25Capital efficiency

ROCE 5.2% · debt/equity 1.03×

80% evidence

15.5/20Valuation

P/E 21.8× · PEG 0.7

65% evidence

4.5/20Relative strength

RS sector -8.8% · RS bench -9.3% · 1Y 4.4%

100% evidence

7. Global Industrial Company · GIC

51.8/100 · Thin evidence · provisional · 53% evidence

Exact sum: 12.3 + 14.7 + 11.2 + 13.6 = 51.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

12.3/35Growth & earnings

Revenue — · PAT — · OPM change -3.4 pp

45% evidence

14.7/25Capital efficiency

ROCE 5.4% · debt/equity 0.31×

80% evidence

11.2/20Valuation

P/E 16× · PEG —

15% evidence

13.6/20Relative strength

RS sector 5.4% · RS bench 4.6% · 1Y 9.5%

70% evidence

8. DXP Enterprises, Inc. · DXPE

47.5/100 · Mixed-negative evidence · 82% evidence

Exact sum: 17.3 + 9.5 + 8.8 + 11.9 = 47.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.3/35Growth & earnings

Revenue 10.4% · PAT 11.3% · OPM change -0.4 pp

83% evidence

9.5/25Capital efficiency

ROCE 3.3% · debt/equity 1.76×

80% evidence

8.8/20Valuation

P/E 26.1× · PEG 2.33

65% evidence

11.9/20Relative strength

RS sector 12.8% · RS bench 12.2% · 1Y 45.7%

100% evidence

9. Distribution Solutions Group, Inc. · DSGR

47.0/100 · Mixed-negative evidence · 66% evidence

Exact sum: 17 + 6.2 + 8.7 + 15.1 = 47

Decision use: Price leads the evidence: RS versus the benchmark is 12.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

17.0/35Growth & earnings

Revenue 7.1% · PAT 100% · OPM change -1.5 pp

83% evidence

6.2/25Capital efficiency

ROCE 0.9% · debt/equity 1.31×

80% evidence

8.7/20Valuation

P/E 218.7× · PEG —

15% evidence

15.1/20Relative strength

RS sector 13.1% · RS bench 12.3% · 1Y 19.7%

70% evidence

10. WESCO International, Inc. · WCC

46.7/100 · Mixed-negative evidence · 82% evidence

Exact sum: 18.7 + 9.6 + 7.3 + 11.1 = 46.7

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

18.7/35Growth & earnings

Revenue 11.2% · PAT -6% · OPM change 0.3 pp

83% evidence

9.6/25Capital efficiency

ROCE 2.5% · debt/equity 1.28×

80% evidence

7.3/20Valuation

P/E 19.4× · PEG 3.02

65% evidence

11.1/20Relative strength

RS sector 10.8% · RS bench 10.6% · 1Y 62.5%

100% evidence

11. Pool Corporation · POOL

45.4/100 · Thin evidence · provisional · 59% evidence

Exact sum: 17.8 + 11.9 + 10.8 + 4.9 = 45.4

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.8/35Growth & earnings

Revenue — · PAT — · OPM change 0.1 pp

45% evidence

11.9/25Capital efficiency

ROCE 9.2% · debt/equity 1.4×

80% evidence

10.8/20Valuation

P/E 19.8× · PEG —

15% evidence

4.9/20Relative strength

RS sector -26% · RS bench -26.7% · 1Y -37.7%

100% evidence

12. Titan Machinery Inc. · TITN

44.3/100 · Mixed-negative evidence · 62% evidence

Exact sum: 13.2 + 8.7 + 11.3 + 11.1 = 44.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

13.2/35Growth & earnings

Revenue -11.7% · PAT — · OPM change -0.1 pp

71% evidence

8.7/25Capital efficiency

ROCE -0.7% · debt/equity 0.47×

80% evidence

11.3/20Valuation

P/E 10.2× · PEG —

15% evidence

11.1/20Relative strength

RS sector 1% · RS bench 0.3% · 1Y 4.1%

70% evidence

13. Core & Main, Inc. · CNM

43.5/100 · Mixed-negative evidence · 86% evidence

Exact sum: 17.3 + 11.7 + 10.2 + 4.3 = 43.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.3/35Growth & earnings

Revenue 0.5% · PAT 7.3% · OPM change 0.4 pp

95% evidence

11.7/25Capital efficiency

ROCE 3.5% · debt/equity 1.16×

80% evidence

10.2/20Valuation

P/E 20.8× · PEG 2.13

65% evidence

4.3/20Relative strength

RS sector -21.1% · RS bench -21.8% · 1Y -29.8%

100% evidence

14. EVI Industries, Inc. · EVI

41.4/100 · Mixed-negative evidence · 76% evidence

Exact sum: 16.9 + 10.5 + 11 + 3 = 41.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.9/35Growth & earnings

Revenue 17% · PAT 0% · OPM change -0.2 pp

83% evidence

10.5/25Capital efficiency

ROCE 1.1% · debt/equity 0.5×

80% evidence

11.0/20Valuation

P/E 45.7× · PEG 1.54

65% evidence

3.0/20Relative strength

RS sector -36.6% · RS bench -37.1% · 1Y -30.1%

70% evidence

15. Watsco, Inc. · WSO

40.1/100 · Mixed-negative evidence · 82% evidence

Exact sum: 9.4 + 19.3 + 6.9 + 4.5 = 40.1

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

9.4/35Growth & earnings

Revenue -4.5% · PAT -6.5% · OPM change -0.1 pp

83% evidence

19.3/25Capital efficiency

ROCE 18.7% · debt/equity 0.15×

80% evidence

6.9/20Valuation

P/E 30× · PEG 2.72

65% evidence

4.5/20Relative strength

RS sector -11.3% · RS bench -11.9% · 1Y -16.2%

100% evidence

16. DNOW Inc. · DNOW

37.6/100 · Mixed-negative evidence · 72% evidence

Exact sum: 10.2 + 8.9 + 9.8 + 8.7 = 37.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

10.2/35Growth & earnings

Revenue 41.3% · PAT -286.8% · OPM change -9 pp

83% evidence

8.9/25Capital efficiency

ROCE -2.4% · debt/equity 0.32×

80% evidence

9.8/20Valuation

P/E 29.3× · PEG —

15% evidence

8.7/20Relative strength

RS sector -6.3% · RS bench -7% · 1Y -6.1%

100% evidence

17. Resideo Technologies, Inc. · REZI

36.8/100 · Thin evidence · provisional · 59% evidence

Exact sum: 12.7 + 9.5 + 8.8 + 5.8 = 36.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

12.7/35Growth & earnings

Revenue — · PAT — · OPM change -3.8 pp

45% evidence

9.5/25Capital efficiency

ROCE 1.5% · debt/equity 1.08×

80% evidence

8.8/20Valuation

P/E 55.7× · PEG —

15% evidence

5.8/20Relative strength

RS sector -3.4% · RS bench -4% · 1Y 44.2%

100% evidence

18. QXO, Inc. · QXO

36.2/100 · Mixed-negative evidence · 72% evidence

Exact sum: 16.7 + 7 + 11.5 + 1 = 36.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.7/35Growth & earnings

Revenue 100% · PAT -1530.6% · OPM change 276.5 pp

83% evidence

7.0/25Capital efficiency

ROCE -2.5% · debt/equity 0.38×

80% evidence

11.5/20Valuation

P/E 2.8× · PEG —

15% evidence

1.0/20Relative strength

RS sector -32.3% · RS bench -32.8% · 1Y -26.3%

100% evidence

19. BlueLinx Holdings Inc. · BXC

36.1/100 · Thin evidence · provisional · 53% evidence

Exact sum: 14.4 + 7.8 + 8.5 + 5.4 = 36.1

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

14.4/35Growth & earnings

Revenue — · PAT — · OPM change -0.9 pp

45% evidence

7.8/25Capital efficiency

ROCE 0.5% · debt/equity 1.08×

80% evidence

8.5/20Valuation

P/E 3037.5× · PEG —

15% evidence

5.4/20Relative strength

RS sector -12.3% · RS bench -13.2% · 1Y -16.9%

70% evidence

20. SiteOne Landscape Supply, Inc. · SITE

30.2/100 · Adverse evidence · 75% evidence

Exact sum: 16.2 + 6.9 + 4.3 + 2.8 = 30.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.2/35Growth & earnings

Revenue 2.9% · PAT 38.8% · OPM change 0.3 pp

62% evidence

6.9/25Capital efficiency

ROCE -1% · debt/equity 0.69×

80% evidence

4.3/20Valuation

P/E 38.7× · PEG 8.91

65% evidence

2.8/20Relative strength

RS sector -25% · RS bench -25.5% · 1Y -24.1%

100% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Ferguson Enterprises Inc. has the highest Revenue among the 20 Industrial Distribution companies compared here, at $31,759 million. WESCO International, Inc. is next at $24,248 million. QXO, Inc. has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies. Its Revenue series carries 17 reported observations across the 20-quarter window.

What the numbers say: Ferguson Enterprises Inc. is the scale leader at $31,759 million, 31% ahead of WESCO International, Inc.. QXO, Inc.'s growth is stored at the ≥100% scoring cap; the uncapped TTM change is 14914% from a $8,558 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderFerguson Enterprises Inc. · $31,759 million
Gap31% versus #2 · WESCO International, Inc.
Persistence8/8 recent comparable periods
Coverage15/20 companies · 378 observations

Investor read: Ferguson Enterprises Inc. is the scale benchmark; QXO, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Ferguson Enterprises Inc.'s growth falls below QXO, Inc.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Ferguson Enterprises Inc. FERG$31.8B
2WESCO International, Inc. WCC$24.2B
3W.W. Grainger, Inc. GWW$18.4B
4QXO, Inc. QXO$8.6B
5Core & Main, Inc. CNM$7.6B
Revenue growthfastest growers
1QXO, Inc. QXO100%
2DNOW Inc. DNOW41%
3Xometry, Inc. XMTR29%
4EVI Industries, Inc. EVI17%
5WESCO International, Inc. WCC11%
Revenue · company comparison
15/20 level · 15/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Ferguson Enterprises Inc. FERG$7.5B8.7%Mar 2026
WESCO International, Inc. WCC$6.1B14%Mar 2026
W.W. Grainger, Inc. GWW$4.7B10%Mar 2026
Fastenal Company FAST$2.2B12%Jun 2026
Resideo Technologies, Inc. REZI$1.9B-1.6%Jun 2026
Core & Main, Inc. CNM$1.9B-0.1%Jun 2026
QXO, Inc. QXO$1.7B12,257%Mar 2026
Watsco, Inc. WSO$1.5B0.1%Mar 2026
Applied Industrial Technologies, Inc. AIT$1.3B7.2%Mar 2026
DNOW Inc. DNOW$1.2B98%Mar 2026
Pool Corporation POOL$1.1B6.2%Jun 2026
MSC Industrial Direct Co., Inc. MSM$1.0B7.8%Jun 2026
SiteOne Landscape Supply, Inc. SITE$940M0.1%Mar 2026
BlueLinx Holdings Inc. BXC$731M-6.3%Jun 2026
DXP Enterprises, Inc. DXPE$522M9.4%Mar 2026
Titan Machinery Inc. TITN$522M-12%Jun 2026
Distribution Solutions Group, Inc. DSGR$496M3.8%Mar 2026
Global Industrial Company GIC$350M-2.5%Jun 2026
Xometry, Inc. XMTR$205M36%Mar 2026
EVI Industries, Inc. EVI$101M7.5%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

$892M
$877M
$981M
$1.1B
$1.1B
$1.1B
$1.1B
$1.2B
$1.1B
$1.1B
$1.1B
$1.2B
$1.1B
$1.1B
$1.2B
$1.2B
$1.2B
$1.2B
$1.3B

Core & Main, Inc. · CNM

$1.3B
$1.4B
$1.2B
$1.6B
$1.9B
$1.8B
$1.4B
$1.6B
$1.9B
$1.8B
$1.4B
$1.7B
$2.0B
$2.0B
$1.7B
$1.9B
$2.1B
$2.1B
$1.6B
$1.9B

Fastenal Company · FAST

$1.6B
$1.5B
$1.7B
$1.8B
$1.8B
$1.7B
$1.9B
$1.9B
$1.8B
$1.8B
$1.9B
$1.9B
$1.9B
$1.8B
$2.0B
$2.1B
$2.1B
$2.0B
$2.2B

Ferguson Enterprises Inc. · FERG

$6.5B
$7.3B
$8.0B
$7.9B
$6.8B
$7.1B
$7.8B
$7.7B
$6.7B
$7.3B
$7.9B
$7.8B
$6.9B
$7.6B
$8.5B
$8.2B
$7.5B

MSC Industrial Direct Co., Inc. · MSM

$831M
$849M
$863M
$959M
$1.0B
$958M
$962M
$1.1B
$1.0B
$954M
$935M
$979M
$952M
$928M
$892M
$971M
$978M
$966M
$918M
$1.0B

Pool Corporation · POOL

$1.4B
$1.0B
$1.4B
$2.1B
$1.6B
$1.1B
$1.2B
$1.9B
$1.5B
$1.0B
$1.1B
$1.8B
$1.4B
$987M
$1.1B
$1.8B
$1.5B
$982M
$1.1B

QXO, Inc. · QXO

$10M
$10M
$11M
$11M
$11M
$12M
$13M
$13M
$13M
$15M
$14M
$15M
$13M
$15M
$14M
$1.9B
$2.7B
$2.2B
$1.7B

Resideo Technologies, Inc. · REZI

$1.5B
$1.5B
$1.5B
$1.7B
$1.6B
$1.5B
$1.6B
$1.5B
$1.5B
$1.6B
$1.8B
$1.9B
$1.8B
$1.9B
$1.9B
$1.9B
$1.9B

W.W. Grainger, Inc. · GWW

$3.4B
$3.4B
$3.6B
$3.8B
$3.9B
$3.8B
$4.1B
$4.2B
$4.2B
$4.0B
$4.2B
$4.3B
$4.4B
$4.2B
$4.3B
$4.6B
$4.7B
$4.4B
$4.7B

Watsco, Inc. · WSO

$1.8B
$1.5B
$1.5B
$2.1B
$2.0B
$1.6B
$1.6B
$2.0B
$2.1B
$1.6B
$1.6B
$2.1B
$2.2B
$1.8B
$1.5B
$2.1B
$2.1B
$1.6B
$1.5B

WESCO International, Inc. · WCC

$4.7B
$4.9B
$4.9B
$5.5B
$5.4B
$5.6B
$5.5B
$5.7B
$5.6B
$5.5B
$5.4B
$5.5B
$5.5B
$5.5B
$5.3B
$5.9B
$6.2B
$6.1B
$6.1B

Xometry, Inc. · XMTR

$57M
$67M
$84M
$96M
$104M
$98M
$105M
$111M
$119M
$128M
$123M
$133M
$142M
$149M
$151M
$163M
$181M
$192M
$205M

Revenue growth · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

18%
19%
21%
15%
9.1%
3.1%
1.6%
1.2%
0.3%
0.4%
-0.4%
1.8%
5.5%
9.2%
8.4%
7.2%

Core & Main, Inc. · CNM

43%
29%
10%
-1.5%
0.0%
0.5%
4.8%
11%
5.5%
12%
18%
9.8%
6.6%
1.2%
-6.9%
-0.1%

Fastenal Company · FAST

18%
16%
11%
9.1%
5.9%
2.4%
3.7%
1.9%
1.8%
3.5%
3.8%
3.4%
8.6%
12%
11%
12%

Ferguson Enterprises Inc. · FERG

4.9%
-2.0%
-1.7%
-2.8%
-2.2%
2.4%
1.4%
0.8%
3.0%
4.3%
6.9%
5.1%
8.7%

MSC Industrial Direct Co., Inc. · MSM

23%
13%
11%
9.9%
1.3%
-0.4%
-2.8%
-7.1%
-8.0%
-2.7%
-4.6%
-0.8%
2.7%
4.1%
2.9%
7.8%

Pool Corporation · POOL

15%
14%
5.8%
-15%
-9.7%
-8.7%
-8.5%
-7.1%
-4.7%
-2.8%
-1.6%
-4.4%
0.9%
1.3%
-0.5%
6.2%

QXO, Inc. · QXO

10%
10%
20%
18%
18%
18%
25%
7.7%
15%
0.0%
0.0%
0.0%
12,607%
14,527%
12,257%

Resideo Technologies, Inc. · REZI

14%
8.2%
2.9%
-5.0%
-5.0%
2.6%
14%
21%
19%
22%
2.0%
2.0%
-1.6%

W.W. Grainger, Inc. · GWW

20%
17%
13%
12%
9.0%
6.8%
5.1%
3.5%
3.1%
4.3%
5.9%
1.7%
5.6%
6.1%
4.5%
10%

Watsco, Inc. · WSO

15%
14%
4.6%
1.8%
-6.1%
4.5%
1.4%
0.9%
6.8%
1.6%
9.4%
-2.2%
-3.6%
-4.3%
-10.0%
0.1%

WESCO International, Inc. · WCC

19%
15%
15%
12%
4.8%
3.6%
-1.6%
-3.1%
-4.6%
-2.8%
0.5%
-0.1%
7.7%
13%
10%
14%

Xometry, Inc. · XMTR

88%
82%
46%
25%
16%
14%
31%
17%
20%
19%
16%
23%
23%
27%
29%
36%
02 · compare level, then change

Operating Economics & Margin Trend

Fastenal Company has the highest OPM among the 20 Industrial Distribution companies compared here, at 20.3%. W.W. Grainger, Inc. is next at 16.7%. QXO, Inc. has the highest Margin change at +276.5 percentage points, so level and change sit with different companies. 20 of 20 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Fastenal Company leads opm at 20.3%; QXO, Inc. leads margin change at +276.5 percentage points.

LeaderFastenal Company · 20.3%
Gap21.6% versus #2 · W.W. Grainger, Inc.
Persistence4/8 recent comparable periods
Coverage20/20 companies · 378 observations

Investor read: Fastenal Company sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Fastenal Company FAST20%
2W.W. Grainger, Inc. GWW17%
3Applied Industrial Technologies, Inc. AIT11%
4MSC Industrial Direct Co., Inc. MSM10%
5Core & Main, Inc. CNM9.3%
Margin changefastest expanders
1QXO, Inc. QXO+276.5 pp
2Xometry, Inc. XMTR+7.7 pp
3Ferguson Enterprises Inc. FERG+2.2 pp
4MSC Industrial Direct Co., Inc. MSM+1.7 pp
5W.W. Grainger, Inc. GWW+1.1 pp
Operating margin · company comparison
20/20 level · 20/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Fastenal Company FAST20%+0.2 ppJun 2026
W.W. Grainger, Inc. GWW17%+1.1 ppMar 2026
Applied Industrial Technologies, Inc. AIT11%−0.1 ppMar 2026
MSC Industrial Direct Co., Inc. MSM10%+1.7 ppJun 2026
Core & Main, Inc. CNM9.3%+0.4 ppJun 2026
Ferguson Enterprises Inc. FERG8.2%+2.2 ppMar 2026
DXP Enterprises, Inc. DXPE8.1%−0.4 ppMar 2026
Pool Corporation POOL7.3%+0.1 ppJun 2026
Watsco, Inc. WSO7.2%−0.1 ppMar 2026
Global Industrial Company GIC5.9%−3.4 ppJun 2026
Resideo Technologies, Inc. REZI5.3%−3.8 ppJun 2026
WESCO International, Inc. WCC4.8%+0.3 ppMar 2026
Distribution Solutions Group, Inc. DSGR2.7%−1.5 ppMar 2026
EVI Industries, Inc. EVI2.2%−0.2 ppMar 2026
BlueLinx Holdings Inc. BXC1.0%−0.9 ppJun 2026
Titan Machinery Inc. TITN-1.1%−0.1 ppJun 2026
Xometry, Inc. XMTR-2.5%+7.7 ppMar 2026
SiteOne Landscape Supply, Inc. SITE-2.8%+0.3 ppMar 2026
DNOW Inc. DNOW-4.2%−9.0 ppMar 2026
QXO, Inc. QXO-15%+276.5 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

8.4%
8.9%
9.8%
10%
10%
11%
11%
11%
11%
11%
11%
12%
10%
11%
11%
11%
11%
11%
11%

Core & Main, Inc. · CNM

7.7%
11%
8.7%
11%
13%
13%
9.0%
12%
12%
12%
8.1%
9.6%
10%
11%
7.3%
8.9%
10%
11%
7.5%
9.3%

Fastenal Company · FAST

21%
20%
21%
22%
21%
20%
21%
21%
21%
20%
21%
20%
20%
19%
20%
21%
21%
19%
20%

Ferguson Enterprises Inc. · FERG

8.5%
9.8%
10%
11%
8.0%
7.0%
10%
9.6%
7.1%
8.6%
10%
8.6%
6.0%
8.0%
11%
9.4%
8.2%

MSC Industrial Direct Co., Inc. · MSM

11%
11%
11%
14%
14%
12%
12%
13%
11%
11%
9.7%
11%
9.5%
7.8%
7.0%
8.5%
8.6%
7.9%
7.1%
10%

Pool Corporation · POOL

17%
12%
17%
20%
16%
9.8%
12%
18%
13%
7.9%
9.7%
15%
12%
6.1%
7.2%
15%
12%
5.3%
7.3%

QXO, Inc. · QXO

-2.9%
-6.1%
-0.2%
-0.7%
-1.1%
100%
2.8%
3.4%
-19%
2.9%
1.6%
-30%
-257%
-224%
-291%
-8.5%
0.9%
-3.2%
-15%

Resideo Technologies, Inc. · REZI

8.2%
11%
11%
11%
9.6%
8.9%
9.6%
9.6%
8.6%
7.7%
6.9%
7.8%
7.7%
9.1%
8.3%
7.4%
5.3%

W.W. Grainger, Inc. · GWW

13%
12%
15%
14%
15%
14%
17%
16%
16%
14%
16%
15%
16%
15%
16%
15%
11%
14%
17%

Watsco, Inc. · WSO

12%
8.1%
11%
14%
12%
8.7%
11%
13%
12%
6.7%
8.1%
13%
12%
7.8%
7.3%
13%
11%
6.4%
7.2%

WESCO International, Inc. · WCC

4.9%
4.5%
5.8%
6.8%
7.4%
6.9%
6.3%
6.3%
6.7%
5.8%
4.9%
5.9%
6.1%
5.5%
4.5%
5.5%
5.6%
5.3%
4.8%

Xometry, Inc. · XMTR

-25%
-34%
-23%
-16%
-15%
-25%
-19%
-25%
-11%
-9.8%
-15%
-12%
-8.1%
-7.8%
-10%
-6.3%
-6.1%
-4.6%
-2.5%

Margin change · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

+1.2 pp
+1.6 pp
+1.7 pp
+1.4 pp
+0.7 pp
+1.0 pp
0.0 pp
−0.6 pp
+1.0 pp
−0.7 pp
+0.7 pp
+0.5 pp
−1.0 pp
+0.5 pp
−0.7 pp
−0.1 pp

Core & Main, Inc. · CNM

+5.0 pp
+2.4 pp
+0.3 pp
+0.2 pp
−0.6 pp
−1.0 pp
−0.9 pp
−1.9 pp
−1.7 pp
−1.0 pp
−0.8 pp
−0.7 pp
−0.2 pp
−0.2 pp
+0.2 pp
+0.4 pp

Fastenal Company · FAST

+0.5 pp
+0.5 pp
0.0 pp
+0.1 pp
−0.6 pp
−0.1 pp
+0.5 pp
−0.5 pp
−0.8 pp
−0.6 pp
−1.2 pp
−0.5 pp
+0.8 pp
+0.4 pp
+0.1 pp
+0.2 pp

Ferguson Enterprises Inc. · FERG

−0.5 pp
−2.8 pp
−0.2 pp
−0.9 pp
−0.9 pp
+1.6 pp
+0.2 pp
−1.0 pp
−1.1 pp
−0.6 pp
+0.7 pp
+0.8 pp
+2.2 pp

MSC Industrial Direct Co., Inc. · MSM

+3.1 pp
+1.4 pp
+0.6 pp
−1.5 pp
−2.7 pp
−1.5 pp
−2.2 pp
−1.9 pp
−1.9 pp
−2.8 pp
−2.7 pp
−2.4 pp
−0.9 pp
+0.1 pp
+0.1 pp
+1.7 pp

Pool Corporation · POOL

+1.5 pp
−0.5 pp
−2.5 pp
−4.6 pp
−2.8 pp
−3.1 pp
−1.9 pp
−2.4 pp
−2.3 pp
−0.9 pp
−1.8 pp
−2.5 pp
0.0 pp
0.0 pp
−0.8 pp
+0.1 pp

QXO, Inc. · QXO

−2.7 pp
+1.8 pp
+106.1 pp
+3.0 pp
+4.1 pp
−18.0 pp
−97.1 pp
−1.2 pp
−33.1 pp
−238.2 pp
−227.2 pp
−292.7 pp
+21.2 pp
+258.2 pp
+221.1 pp
+276.5 pp

Resideo Technologies, Inc. · REZI

+2.8 pp
−1.6 pp
−2.5 pp
−1.4 pp
0.0 pp
−1.2 pp
−2.7 pp
−1.8 pp
−0.9 pp
+1.4 pp
+1.4 pp
−0.4 pp
−3.8 pp

W.W. Grainger, Inc. · GWW

+3.5 pp
+2.3 pp
+1.9 pp
+2.0 pp
+1.9 pp
+0.6 pp
−0.4 pp
−0.8 pp
−0.7 pp
−0.3 pp
+1.1 pp
−0.2 pp
−0.2 pp
−4.6 pp
−0.7 pp
+1.1 pp

Watsco, Inc. · WSO

+1.8 pp
0.0 pp
+0.6 pp
−0.6 pp
−0.2 pp
+0.5 pp
−2.0 pp
−2.5 pp
−0.7 pp
−0.5 pp
+1.1 pp
−0.8 pp
+0.6 pp
−0.2 pp
−1.4 pp
−0.1 pp

WESCO International, Inc. · WCC

+2.0 pp
+2.5 pp
+2.4 pp
+0.5 pp
−0.5 pp
−0.7 pp
−1.1 pp
−1.4 pp
−0.4 pp
−0.6 pp
−0.3 pp
−0.4 pp
−0.4 pp
−0.5 pp
−0.2 pp
+0.3 pp

Xometry, Inc. · XMTR

+7.0 pp
+10.4 pp
+8.8 pp
+3.9 pp
−9.0 pp
+3.6 pp
+15.0 pp
+4.2 pp
+13.8 pp
+3.0 pp
+2.0 pp
+4.4 pp
+5.2 pp
+2.0 pp
+3.2 pp
+7.7 pp
03 · compare level, then change

Profit Scale & Acceleration

Ferguson Enterprises Inc. has the highest Net profit among the 20 Industrial Distribution companies compared here, at $2,094 million. W.W. Grainger, Inc. is next at $1,863 million. Distribution Solutions Group, Inc. has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Ferguson Enterprises Inc. leads with $2,094 million of TTM profit, 12.4% above W.W. Grainger, Inc.. Distribution Solutions Group, Inc. shows ≥100% on the scoring scale (400% uncapped) growth from a $5 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderFerguson Enterprises Inc. · $2,094 million
Gap12.4% versus #2 · W.W. Grainger, Inc.
Persistence4/8 recent comparable periods
Coverage15/20 companies · 378 observations

Investor read: Ferguson Enterprises Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Ferguson Enterprises Inc. FERG$2.1B
2W.W. Grainger, Inc. GWW$1.9B
3WESCO International, Inc. WCC$679M
4Watsco, Inc. WSO$586M
5Core & Main, Inc. CNM$470M
Profit growthfastest growers
1Distribution Solutions Group, Inc. DSGR100%
2Ferguson Enterprises Inc. FERG28%
3MSC Industrial Direct Co., Inc. MSM16%
4DXP Enterprises, Inc. DXPE11%
5Core & Main, Inc. CNM7.3%
Net profit · company comparison
15/20 level · 12/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
W.W. Grainger, Inc. GWW$575M18%Mar 2026
Ferguson Enterprises Inc. FERG$414M50%Mar 2026
Fastenal Company FAST$340M14%Jun 2026
WESCO International, Inc. WCC$154M31%Mar 2026
Core & Main, Inc. CNM$113M7.6%Jun 2026
Applied Industrial Technologies, Inc. AIT$100M0.0%Mar 2026
Watsco, Inc. WSO$93M-2.1%Mar 2026
MSC Industrial Direct Co., Inc. MSM$79M39%Jun 2026
Pool Corporation POOL$53M-1.9%Jun 2026
Resideo Technologies, Inc. REZI$38M491%Jun 2026
DXP Enterprises, Inc. DXPE$20M-4.8%Mar 2026
Global Industrial Company GIC$15M-40%Jun 2026
EVI Industries, Inc. EVI$1M0.0%Mar 2026
Distribution Solutions Group, Inc. DSGR$0M-100%Mar 2026
BlueLinx Holdings Inc. BXC$-1M-125%Jun 2026
Xometry, Inc. XMTR$-5MMar 2026
Titan Machinery Inc. TITN$-13M-50%Jun 2026
SiteOne Landscape Supply, Inc. SITE$-24M36%Mar 2026
DNOW Inc. DNOW$-44M-300%Mar 2026
QXO, Inc. QXO$-227M-2,622%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

$53M
$57M
$68M
$79M
$77M
$80M
$97M
$92M
$94M
$91M
$97M
$103M
$92M
$93M
$100M
$108M
$101M
$95M
$100M

Core & Main, Inc. · CNM

$10M
$109M
$79M
$137M
$182M
$178M
$84M
$133M
$164M
$158M
$76M
$101M
$126M
$140M
$67M
$105M
$141M
$143M
$73M
$113M

Fastenal Company · FAST

$244M
$231M
$270M
$287M
$285M
$246M
$295M
$298M
$296M
$266M
$298M
$293M
$298M
$262M
$299M
$330M
$336M
$294M
$340M

Ferguson Enterprises Inc. · FERG

$436M
$546M
$582M
$595M
$374M
$336M
$584M
$519M
$322M
$443M
$451M
$470M
$276M
$410M
$700M
$570M
$414M

MSC Industrial Direct Co., Inc. · MSM

$66M
$66M
$70M
$100M
$104M
$81M
$79M
$95M
$87M
$69M
$62M
$71M
$54M
$46M
$39M
$57M
$56M
$51M
$42M
$79M

Pool Corporation · POOL

$185M
$108M
$179M
$307M
$190M
$72M
$102M
$232M
$138M
$51M
$79M
$192M
$126M
$37M
$54M
$194M
$127M
$32M
$53M

QXO, Inc. · QXO

$0M
$0M
$0M
$0M
$0M
$12M
$0M
$0M
$-2M
$0M
$0M
$-1M
$17M
$11M
$9M
$-59M
$-139M
$-90M
$-227M

Resideo Technologies, Inc. · REZI

$58M
$68M
$87M
$94M
$63M
$57M
$50M
$82M
$43M
$30M
$20M
$23M
$6M
$-825M
$156M
$136M
$38M

W.W. Grainger, Inc. · GWW

$303M
$289M
$373M
$379M
$424M
$389M
$496M
$474M
$479M
$398M
$483M
$476M
$497M
$485M
$488M
$502M
$319M
$467M
$575M

Watsco, Inc. · WSO

$165M
$96M
$135M
$226M
$186M
$157M
$130M
$205M
$201M
$98M
$104M
$215M
$202M
$115M
$95M
$217M
$189M
$87M
$93M

WESCO International, Inc. · WCC

$120M
$168M
$182M
$221M
$240M
$219M
$197M
$192M
$234M
$143M
$116M
$233M
$205M
$166M
$118M
$175M
$189M
$161M
$154M

Xometry, Inc. · XMTR

$-15M
$-24M
$-20M
$-17M
$-15M
$-24M
$-18M
$-27M
$-12M
$-11M
$-17M
$-14M
$-10M
$-10M
$-15M
$-26M
$-12M
$-9M
$-5M

Profit growth · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

34%
45%
40%
43%
16%
22%
14%
0.0%
12%
-2.1%
2.2%
3.1%
4.9%
9.8%
2.2%
0.0%

Core & Main, Inc. · CNM

1,720%
63%
6.3%
-2.9%
-9.9%
-11%
-9.5%
-24%
-23%
-11%
-12%
4.0%
12%
2.1%
9.0%
7.6%

Fastenal Company · FAST

20%
17%
6.5%
9.3%
3.8%
3.9%
8.1%
1.0%
-1.7%
0.7%
-1.5%
0.3%
13%
13%
12%
14%

Ferguson Enterprises Inc. · FERG

-14%
-38%
0.3%
-13%
-14%
32%
-23%
-9.4%
-14%
-7.5%
55%
21%
50%

MSC Industrial Direct Co., Inc. · MSM

58%
23%
13%
-5.0%
-16%
-15%
-22%
-25%
-38%
-33%
-37%
-20%
3.7%
11%
7.7%
39%

Pool Corporation · POOL

18%
2.7%
-33%
-43%
-24%
-27%
-29%
-23%
-17%
-8.7%
-27%
-32%
1.0%
0.8%
-14%
-1.9%

QXO, Inc. · QXO

-100%
-918%
-918%
-2,622%

Resideo Technologies, Inc. · REZI

62%
-7.4%
-34%
-47%
30%
-47%
-60%
-72%
-86%
-2,850%
680%
491%

SiteOne Landscape Supply, Inc. · SITE

14%
-8.8%
-104%
-116%
-12%
-22%
-64%
-139%
9.1%
36%

W.W. Grainger, Inc. · GWW

66%
40%
35%
33%
25%
13%
2.3%
-2.6%
0.4%
3.8%
22%
1.0%
5.5%
-36%
-3.7%
18%

Watsco, Inc. · WSO

31%
13%
64%
-3.7%
-9.3%
8.1%
-38%
-20%
4.9%
0.5%
17%
-8.7%
0.9%
-6.4%
-24%
-2.1%

WESCO International, Inc. · WCC

86%
100%
30%
8.2%
-13%
-2.5%
-35%
-41%
21%
-12%
16%
1.7%
-25%
-7.8%
-3.0%
31%
04 · compare level, then change

Capacity Spending & Returns On It

W.W. Grainger, Inc. has the highest CAPEX among the 20 Industrial Distribution companies compared here, at $170 million. Ferguson Enterprises Inc. is next at $92 million. Xometry, Inc. has the highest CAPEX intensity at 5.4%, so level and change sit with different companies. 20 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: W.W. Grainger, Inc. reports $170 million of CAPEX; Xometry, Inc. has the highest covered intensity at 5.4%. Coverage is only 20 of 20 companies and 378 reported observations, so this is partial evidence—not a complete sector rank.

LeaderW.W. Grainger, Inc. · $170 million
Gap84.8% versus #2 · Ferguson Enterprises Inc.
Persistence8/8 recent comparable periods
Coverage20/20 companies · 378 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1W.W. Grainger, Inc. GWW$170M
2Ferguson Enterprises Inc. FERG$92M
3Fastenal Company FAST$64M
4Resideo Technologies, Inc. REZI$36M
5Pool Corporation POOL$28M
CAPEX intensityhighest reinvestment intensity
1Xometry, Inc. XMTR5.4%
2W.W. Grainger, Inc. GWW3.6%
3Fastenal Company FAST2.7%
4SiteOne Landscape Supply, Inc. SITE2.4%
5EVI Industries, Inc. EVI2.0%
Capital expenditure · company comparison
20/20 level · 20/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
W.W. Grainger, Inc. GWW$170M3.6%Mar 2026
Ferguson Enterprises Inc. FERG$92M1.2%Mar 2026
Fastenal Company FAST$64M2.7%Jun 2026
Resideo Technologies, Inc. REZI$36M1.9%Jun 2026
Pool Corporation POOL$28M0.8%Jun 2026
WESCO International, Inc. WCC$23M0.4%Mar 2026
QXO, Inc. QXO$23M1.3%Mar 2026
SiteOne Landscape Supply, Inc. SITE$23M2.4%Mar 2026
MSC Industrial Direct Co., Inc. MSM$21M2.0%Jun 2026
Core & Main, Inc. CNM$14M0.7%Jun 2026
Xometry, Inc. XMTR$11M5.4%Mar 2026
DNOW Inc. DNOW$8M0.7%Mar 2026
Watsco, Inc. WSO$7M0.5%Mar 2026
Applied Industrial Technologies, Inc. AIT$5M0.4%Mar 2026
DXP Enterprises, Inc. DXPE$3M0.6%Mar 2026
Distribution Solutions Group, Inc. DSGR$3M0.6%Mar 2026
BlueLinx Holdings Inc. BXC$3M0.4%Jun 2026
Titan Machinery Inc. TITN$3M0.6%Jun 2026
EVI Industries, Inc. EVI$2M2.0%Mar 2026
Global Industrial Company GIC$1M0.3%Jun 2026
Full 20-quarter history · every available company

CAPEX · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

$4M
$4M
$4M
$6M
$6M
$7M
$8M
$6M
$4M
$6M
$7M
$8M
$6M
$5M
$8M
$9M
$7M
$6M
$5M

Core & Main, Inc. · CNM

$4M
$4M
$8M
$6M
$9M
$5M
$5M
$10M
$5M
$19M
$5M
$7M
$9M
$8M
$11M
$13M
$10M
$8M
$15M
$14M

Fastenal Company · FAST

$47M
$42M
$36M
$48M
$48M
$43M
$34M
$56M
$47M
$36M
$51M
$56M
$59M
$60M
$56M
$69M
$60M
$60M
$59M
$64M

Ferguson Enterprises Inc. · FERG

$68M
$73M
$95M
$95M
$147M
$119M
$80M
$91M
$101M
$71M
$109M
$77M
$81M
$77M
$70M
$118M
$92M

MSC Industrial Direct Co., Inc. · MSM

$16M
$15M
$16M
$14M
$16M
$26M
$15M
$24M
$28M
$18M
$25M
$30M
$26M
$20M
$30M
$21M
$22M
$22M
$21M
$21M

Pool Corporation · POOL

$7M
$13M
$9M
$11M
$8M
$16M
$16M
$15M
$13M
$17M
$17M
$18M
$11M
$14M
$13M
$14M
$21M
$8M
$9M
$28M

QXO, Inc. · QXO

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$20M
$30M
$28M
$23M

Resideo Technologies, Inc. · REZI

$16M
$13M
$19M
$5M
$10M
$20M
$29M
$31M
$21M
$15M
$22M
$22M
$31M
$20M
$28M
$37M
$36M

W.W. Grainger, Inc. · GWW

$50M
$58M
$57M
$106M
$45M
$48M
$98M
$95M
$125M
$127M
$119M
$76M
$88M
$258M
$125M
$175M
$258M
$126M
$170M

Watsco, Inc. · WSO

$6M
$9M
$8M
$11M
$8M
$9M
$8M
$8M
$10M
$10M
$6M
$6M
$10M
$8M
$8M
$7M
$9M
$11M
$7M

WESCO International, Inc. · WCC

$5M
$30M
$15M
$16M
$28M
$40M
$14M
$30M
$19M
$29M
$20M
$21M
$29M
$24M
$20M
$22M
$13M
$44M
$23M

Xometry, Inc. · XMTR

$2M
$3M
$3M
$4M
$4M
$4M
$4M
$4M
$6M
$4M
$4M
$5M
$5M
$5M
$7M
$7M
$10M
$11M

CAPEX intensity · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

0.4%
0.5%
0.4%
0.6%
0.6%
0.7%
0.7%
0.5%
0.4%
0.6%
0.6%
0.7%
0.5%
0.5%
0.7%
0.7%
0.6%
0.5%
0.4%

Core & Main, Inc. · CNM

0.3%
0.3%
0.6%
0.4%
0.5%
0.3%
0.4%
0.6%
0.3%
1.0%
0.3%
0.4%
0.5%
0.4%
0.6%
0.7%
0.5%
0.4%
0.9%
0.7%

Fastenal Company · FAST

3.0%
2.7%
2.1%
2.7%
2.7%
2.5%
1.8%
3.0%
2.5%
2.0%
2.7%
2.9%
3.1%
3.3%
2.9%
3.3%
2.8%
3.0%
2.7%

Ferguson Enterprises Inc. · FERG

1.0%
1.0%
1.2%
1.2%
2.2%
1.7%
1.0%
1.2%
1.5%
1.0%
1.4%
1.0%
1.2%
1.0%
0.8%
1.4%
1.2%

MSC Industrial Direct Co., Inc. · MSM

1.9%
1.8%
1.9%
1.5%
1.6%
2.7%
1.6%
2.3%
2.7%
1.9%
2.7%
3.1%
2.7%
2.2%
3.4%
2.2%
2.2%
2.3%
2.3%
2.0%

Pool Corporation · POOL

0.5%
1.3%
0.6%
0.5%
0.5%
1.5%
1.3%
0.8%
0.9%
1.7%
1.5%
1.0%
0.8%
1.4%
1.2%
0.8%
1.4%
0.8%
0.8%

QXO, Inc. · QXO

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.0%
1.1%
1.3%
1.3%

Resideo Technologies, Inc. · REZI

1.1%
0.9%
1.3%
0.3%
0.6%
1.3%
1.8%
2.0%
1.4%
0.9%
1.2%
1.2%
1.8%
1.0%
1.5%
2.0%
1.9%

W.W. Grainger, Inc. · GWW

1.5%
1.7%
1.6%
2.8%
1.1%
1.3%
2.4%
2.3%
3.0%
3.2%
2.8%
1.8%
2.0%
6.1%
2.9%
3.8%
5.5%
2.8%
3.6%

Watsco, Inc. · WSO

0.3%
0.6%
0.5%
0.5%
0.4%
0.6%
0.5%
0.4%
0.5%
0.6%
0.4%
0.3%
0.5%
0.5%
0.5%
0.3%
0.4%
0.7%
0.5%

WESCO International, Inc. · WCC

0.1%
0.6%
0.3%
0.3%
0.5%
0.7%
0.3%
0.5%
0.3%
0.5%
0.4%
0.4%
0.5%
0.4%
0.4%
0.4%
0.2%
0.7%
0.4%

Xometry, Inc. · XMTR

3.0%
3.6%
3.1%
3.8%
4.1%
3.8%
3.6%
3.4%
4.7%
3.3%
3.0%
3.5%
3.4%
3.3%
4.3%
3.9%
5.2%
5.4%
Annual capital allocation · 6-year view
20/20 capacity base · 20/20 OCF · 20/20 CAPEX · 20/20 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Core & Main, Inc. · CNM

$246M
$280M
$343M
$412M
$465M

Fastenal Company · FAST

$1.3B
$1.3B
$1.3B
$1.3B
$1.4B

Pool Corporation · POOL

$421M
$463M
$530M
$566M
$594M

QXO, Inc. · QXO

$2M
$1M
$1M
$1M
$1.4B

W.W. Grainger, Inc. · GWW

$1.8B
$1.8B
$2.1B
$2.3B
$2.6B

Watsco, Inc. · WSO

$380M
$443M
$505M
$560M
$589M

Xometry, Inc. · XMTR

$38M
$45M
$48M
$53M
$72M

Operating cash flow · fiscal-year history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Core & Main, Inc. · CNM

$-31M
$401M
$1.1B
$621M
$650M

Fastenal Company · FAST

$770M
$941M
$1.4B
$1.2B
$1.3B

Pool Corporation · POOL

$313M
$485M
$888M
$659M
$366M

QXO, Inc. · QXO

$0M
$2M
$1M
$85M
$261M

W.W. Grainger, Inc. · GWW

$937M
$1.3B
$2.0B
$2.1B
$2.0B

Watsco, Inc. · WSO

$350M
$572M
$562M
$773M
$570M

Xometry, Inc. · XMTR

$-69M
$-63M
$-30M
$-15M
$6M

CAPEX · reported cash flow · fiscal-year history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Core & Main, Inc. · CNM

$20M
$25M
$39M
$35M
$46M

Fastenal Company · FAST

$157M
$174M
$173M
$227M
$245M

Pool Corporation · POOL

$38M
$44M
$60M
$59M
$56M

QXO, Inc. · QXO

$0M
$0M
$0M
$0M
$78M

W.W. Grainger, Inc. · GWW

$255M
$256M
$445M
$541M
$684M

Watsco, Inc. · WSO

$25M
$36M
$35M
$30M
$35M

Xometry, Inc. · XMTR

$6M
$14M
$18M
$18M
$30M

Free cash flow · fiscal-year history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Core & Main, Inc. · CNM

$-51M
$376M
$1.0B
$586M
$604M

Fastenal Company · FAST

$614M
$767M
$1.3B
$947M
$1.1B

Pool Corporation · POOL

$276M
$441M
$828M
$600M
$310M

QXO, Inc. · QXO

$0M
$2M
$0M
$85M
$183M

W.W. Grainger, Inc. · GWW

$682M
$1.1B
$1.6B
$1.6B
$1.3B

Watsco, Inc. · WSO

$324M
$536M
$526M
$743M
$535M

Xometry, Inc. · XMTR

$-75M
$-76M
$-48M
$-33M
$-24M
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

EVI Industries, Inc. has the lowest Gross debt among the 20 Industrial Distribution companies compared here, at $73 million. Global Industrial Company is next at $99 million. Watsco, Inc. has the lowest Net debt at $107 million net cash, so level and change sit with different companies. 20 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Watsco, Inc. has the clearest covered balance-sheet capacity with $107 million net cash and gross debt of $486 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderEVI Industries, Inc. · $73 million
Gap26.3% versus #2 · Global Industrial Company
Persistence0/8 recent comparable periods
Coverage20/20 companies · 380 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1EVI Industries, Inc. EVI$73M
2Global Industrial Company GIC$99M
3Titan Machinery Inc. TITN$269M
4Xometry, Inc. XMTR$340M
5Applied Industrial Technologies, Inc. AIT$365M
Net debtlowest net debt
1Watsco, Inc. WSO$-107M
2Global Industrial Company GIC$37M
3EVI Industries, Inc. EVI$69M
4Xometry, Inc. XMTR$116M
5Applied Industrial Technologies, Inc. AIT$193M
Debt and balance-sheet capacity · company comparison
20/20 level · 20/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
WESCO International, Inc. WCC$6.5B$5.8BMar 2026
Ferguson Enterprises Inc. FERG$6.1B$5.3BMar 2026
QXO, Inc. QXO$3.9B$857MMar 2026
Resideo Technologies, Inc. REZI$3.2B$2.7BJun 2026
W.W. Grainger, Inc. GWW$2.8B$2.1BMar 2026
Core & Main, Inc. CNM$2.4B$2.3BJun 2026
Pool Corporation POOL$1.7B$1.7BJun 2026
SiteOne Landscape Supply, Inc. SITE$1.1B$1.0BMar 2026
DXP Enterprises, Inc. DXPE$902M$689MMar 2026
Distribution Solutions Group, Inc. DSGR$849M$784MMar 2026
DNOW Inc. DNOW$689M$573MMar 2026
BlueLinx Holdings Inc. BXC$667M$348MJun 2026
MSC Industrial Direct Co., Inc. MSM$555M$481MJun 2026
Watsco, Inc. WSO$486M$-107MMar 2026
Fastenal Company FAST$442M$237MJun 2026
Applied Industrial Technologies, Inc. AIT$365M$193MMar 2026
Xometry, Inc. XMTR$340M$116MMar 2026
Titan Machinery Inc. TITN$269M$239MJun 2026
Global Industrial Company GIC$99M$37MJun 2026
EVI Industries, Inc. EVI$73M$69MMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

$819M
$721M
$721M
$689M
$649M
$649M
$622M
$622M
$622M
$597M
$597M
$597M
$597M
$572M
$572M
$572M
$572M
$572M
$365M

Core & Main, Inc. · CNM

$1.6B
$1.6B
$1.6B
$1.7B
$1.8B
$1.7B
$1.6B
$1.8B
$1.8B
$1.6B
$2.1B
$2.6B
$2.6B
$2.6B
$2.5B
$2.5B
$2.5B
$2.4B
$2.4B
$2.4B

Fastenal Company · FAST

$618M
$637M
$616M
$764M
$809M
$802M
$648M
$618M
$539M
$535M
$483M
$516M
$527M
$485M
$496M
$545M
$517M
$442M
$446M
$442M

Ferguson Enterprises Inc. · FERG

$3.6B
$4.7B
$5.1B
$5.0B
$5.3B
$5.3B
$5.3B
$5.3B
$5.3B
$5.5B
$5.5B
$5.6B
$6.0B
$5.8B
$6.0B
$6.0B
$6.1B

MSC Industrial Direct Co., Inc. · MSM

$836M
$817M
$888M
$850M
$861M
$844M
$615M
$526M
$521M
$601M
$615M
$568M
$568M
$576M
$590M
$576M
$539M
$580M
$559M
$555M

Pool Corporation · POOL

$587M
$1.4B
$1.8B
$1.9B
$1.8B
$1.7B
$1.6B
$1.5B
$1.3B
$1.4B
$1.3B
$1.4B
$1.2B
$1.3B
$1.3B
$1.6B
$1.4B
$1.5B
$1.6B
$1.7B

QXO, Inc. · QXO

$3M
$2M
$3M
$3M
$3M
$2M
$2M
$2M
$2M
$3M
$2M
$2M
$1M
$1M
$1M
$4.1B
$4.0B
$3.9B
$3.9B

Resideo Technologies, Inc. · REZI

$1.2B
$1.2B
$1.4B
$1.4B
$1.4B
$1.4B
$1.4B
$1.4B
$1.4B
$2.0B
$2.0B
$2.0B
$2.0B
$2.0B
$3.2B
$3.2B
$3.2B

W.W. Grainger, Inc. · GWW

$2.4B
$2.8B
$2.7B
$2.7B
$2.7B
$2.7B
$2.7B
$2.8B
$2.7B
$2.8B
$2.7B
$2.7B
$3.2B
$3.2B
$2.7B
$2.7B
$2.7B
$2.9B
$2.8B

Watsco, Inc. · WSO

$274M
$370M
$565M
$516M
$336M
$391M
$541M
$695M
$489M
$405M
$409M
$412M
$428M
$447M
$460M
$454M
$458M
$479M
$486M

WESCO International, Inc. · WCC

$5.0B
$5.1B
$5.4B
$5.6B
$5.8B
$6.0B
$6.2B
$6.1B
$6.0B
$6.0B
$5.9B
$5.9B
$5.7B
$5.7B
$5.8B
$6.4B
$6.5B
$6.6B
$6.5B

Xometry, Inc. · XMTR

$3M
$22M
$300M
$299M
$299M
$302M
$302M
$302M
$301M
$300M
$298M
$297M
$297M
$295M
$294M
$335M
$333M
$339M
$340M

Net debt · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

$572M
$566M
$533M
$505M
$501M
$483M
$440M
$278M
$262M
$184M
$140M
$136M
$58M
$269M
$219M
$184M
$153M
$166M
$193M

Core & Main, Inc. · CNM

$1.6B
$1.6B
$1.6B
$1.7B
$509M
$1.5B
$1.8B
$1.7B
$1.5B
$2.1B
$2.6B
$2.6B
$2.6B
$2.5B
$2.5B
$2.5B
$2.3B
$2.2B
$2.3B

Fastenal Company · FAST

$367M
$401M
$382M
$516M
$577M
$572M
$408M
$374M
$241M
$314M
$246M
$260M
$235M
$229M
$264M
$307M
$229M
$165M
$137M
$237M

Ferguson Enterprises Inc. · FERG

$2.3B
$3.5B
$4.4B
$4.3B
$4.7B
$4.7B
$4.7B
$4.5B
$4.7B
$4.9B
$4.9B
$5.0B
$5.3B
$5.3B
$5.3B
$5.5B
$5.3B

MSC Industrial Direct Co., Inc. · MSM

$795M
$754M
$846M
$821M
$817M
$818M
$565M
$468M
$471M
$575M
$593M
$542M
$538M
$519M
$549M
$504M
$483M
$540M
$513M
$481M

Pool Corporation · POOL

$504M
$1.4B
$1.7B
$1.8B
$1.7B
$1.6B
$1.6B
$1.4B
$1.2B
$1.3B
$1.2B
$1.3B
$1.1B
$1.2B
$1.3B
$1.5B
$1.3B
$1.4B
$1.5B
$1.7B

QXO, Inc. · QXO

$-4M
$-5M
$-3M
$-3M
$-4M
$-6M
$-5M
$-5M
$-5M
$-3M
$-4M
$-969M
$-5.0B
$-5.1B
$-5.1B
$1.8B
$1.6B
$1.6B
$857M

Resideo Technologies, Inc. · REZI

$615M
$546M
$1.2B
$1.2B
$1.2B
$1.1B
$1.0B
$760M
$803M
$1.6B
$1.5B
$1.3B
$1.4B
$1.2B
$2.8B
$2.5B
$2.7B

W.W. Grainger, Inc. · GWW

$2.0B
$2.5B
$2.3B
$2.4B
$2.4B
$2.4B
$2.3B
$2.2B
$2.1B
$2.1B
$1.9B
$1.9B
$1.8B
$2.1B
$2.0B
$2.1B
$2.2B
$2.3B
$2.1B

Watsco, Inc. · WSO

$137M
$252M
$454M
$387M
$206M
$243M
$400M
$532M
$314M
$195M
$-70M
$-13M
$-122M
$-335M
$28M
$161M
$-66M
$-254M
$-107M

WESCO International, Inc. · WCC

$4.8B
$4.9B
$5.2B
$5.4B
$5.6B
$5.5B
$5.8B
$5.6B
$5.4B
$5.4B
$4.9B
$5.2B
$5.0B
$5.0B
$5.2B
$5.7B
$6.0B
$6.0B
$5.8B

Xometry, Inc. · XMTR

$-322M
$-95M
$-69M
$-58M
$-42M
$-17M
$6M
$16M
$24M
$31M
$44M
$56M
$63M
$55M
$63M
$109M
$108M
$120M
$116M
06 · compare level, then change

Return On Capital Employed

Watsco, Inc. has the highest ROCE among the 20 Industrial Distribution companies compared here, at 18.7%. Fastenal Company is next at 11.7%. MSC Industrial Direct Co., Inc. has the highest ROCE change at +1.6 percentage points, so level and change sit with different companies. 20 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Watsco, Inc. leads ROCE at 18.7%, 7 percentage points above Fastenal Company. MSC Industrial Direct Co., Inc. has the strongest latest improvement at +1.6 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderWatsco, Inc. · 18.7%
Gap59.8% versus #2 · Fastenal Company
Persistence0/8 recent comparable periods
Coverage20/20 companies · 369 observations

Investor read: Watsco, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Watsco, Inc. WSO19%
2Fastenal Company FAST12%
3W.W. Grainger, Inc. GWW11%
4Pool Corporation POOL9.2%
5MSC Industrial Direct Co., Inc. MSM6.1%
ROCE changefastest improvers
1MSC Industrial Direct Co., Inc. MSM+1.6 pp
2Xometry, Inc. XMTR+1.6 pp
3Fastenal Company FAST+0.9 pp
4W.W. Grainger, Inc. GWW+0.7 pp
5WESCO International, Inc. WCC+0.4 pp
Return on capital · company comparison
20/20 level · 20/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Watsco, Inc. WSO19%−2.1 ppMar 2026
Fastenal Company FAST12%+0.9 ppJun 2026
W.W. Grainger, Inc. GWW11%+0.7 ppMar 2026
Pool Corporation POOL9.2%−0.4 ppJun 2026
MSC Industrial Direct Co., Inc. MSM6.1%+1.6 ppJun 2026
Applied Industrial Technologies, Inc. AIT5.4%+0.3 ppMar 2026
Global Industrial Company GIC5.4%−3.6 ppJun 2026
Ferguson Enterprises Inc. FERG5.2%−1.9 ppMar 2026
Core & Main, Inc. CNM3.5%+0.1 ppJun 2026
DXP Enterprises, Inc. DXPE3.3%−0.6 ppMar 2026
WESCO International, Inc. WCC2.5%+0.4 ppMar 2026
Resideo Technologies, Inc. REZI1.5%−1.6 ppJun 2026
EVI Industries, Inc. EVI1.1%−0.2 ppMar 2026
Distribution Solutions Group, Inc. DSGR0.9%−0.5 ppMar 2026
BlueLinx Holdings Inc. BXC0.5%−0.6 ppJun 2026
Titan Machinery Inc. TITN-0.7%0.0 ppJun 2026
Xometry, Inc. XMTR-0.9%+1.6 ppMar 2026
SiteOne Landscape Supply, Inc. SITE-1.0%+0.2 ppMar 2026
DNOW Inc. DNOW-2.4%−4.9 ppMar 2026
QXO, Inc. QXO-2.5%−0.9 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

4.1%
4.3%
5.1%
5.8%
5.5%
5.8%
6.3%
6.1%
5.6%
5.2%
5.4%
6.0%
4.7%
4.9%
5.1%
5.3%
5.0%
4.7%
5.4%

Core & Main, Inc. · CNM

4.2%
3.1%
7.5%
6.4%
6.0%
3.2%
4.5%
5.5%
5.2%
2.7%
3.7%
4.4%
4.8%
2.7%
3.4%
4.1%
4.3%
2.3%
3.5%

Fastenal Company · FAST

9.0%
8.6%
10%
11%
10%
9.0%
11%
10%
10%
9.4%
10%
10%
9.8%
8.8%
9.9%
11%
11%
9.2%
11%
12%

Ferguson Enterprises Inc. · FERG

16%
11%
0.0%
15%
5.7%
7.4%
12%
7.1%
5.4%
8.0%
6.5%
5.2%

MSC Industrial Direct Co., Inc. · MSM

4.9%
5.2%
7.5%
7.4%
5.9%
5.9%
7.0%
6.1%
5.2%
4.9%
5.7%
4.8%
3.9%
3.4%
4.5%
4.7%
4.2%
3.6%
6.1%

Pool Corporation · POOL

18%
6.8%
11%
18%
12%
4.0%
5.0%
11%
6.9%
2.9%
3.9%
9.5%
6.6%
2.3%
3.0%
9.6%
6.6%
2.0%
3.1%
9.2%

QXO, Inc. · QXO

-2.7%
-6.4%
-0.2%
-0.6%
-1.1%
117%
3.4%
4.1%
-27%
4.3%
2.3%
-0.9%
-1.3%
-1.3%
-1.6%
-2.0%
0.3%
-0.7%
-2.5%

Resideo Technologies, Inc. · REZI

4.2%
3.9%
4.2%
3.4%
2.9%
3.1%
3.0%
2.5%
2.1%
2.2%
2.5%
2.3%
3.1%
2.4%
2.1%
1.5%

W.W. Grainger, Inc. · GWW

8.8%
8.4%
11%
11%
12%
10%
12%
12%
11%
9.4%
11%
11%
11%
9.9%
11%
11%
7.5%
9.4%
11%

Watsco, Inc. · WSO

24%
26%
27%
28%
30%
31%
28%
25%
25%
26%
22%
21%
20%
21%
21%
20%
19%
19%
19%

WESCO International, Inc. · WCC

2.5%
2.4%
3.0%
3.8%
4.0%
3.7%
3.2%
3.3%
3.5%
2.8%
2.3%
2.8%
2.9%
2.6%
2.1%
2.8%
3.0%
2.8%
2.5%

Xometry, Inc. · XMTR

-7.7%
-9.1%
-5.1%
-4.3%
-2.9%
-4.4%
-2.9%
-4.2%
-2.0%
-1.9%
-2.8%
-2.5%
-1.9%
-1.9%
-2.5%
-1.7%
-1.8%
-1.4%
-0.9%

ROCE change · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

+1.4 pp
+1.5 pp
+1.2 pp
+0.3 pp
+0.1 pp
−0.6 pp
−0.9 pp
−0.1 pp
−0.9 pp
−0.3 pp
−0.3 pp
−0.7 pp
+0.3 pp
−0.2 pp
+0.3 pp

Core & Main, Inc. · CNM

+1.8 pp
+0.1 pp
−3.0 pp
−0.9 pp
−0.8 pp
−0.5 pp
−0.8 pp
−1.1 pp
−0.4 pp
0.0 pp
−0.3 pp
−0.3 pp
−0.5 pp
−0.4 pp
+0.1 pp

Fastenal Company · FAST

+1.3 pp
+0.4 pp
+0.6 pp
−0.2 pp
−0.3 pp
+0.4 pp
−0.3 pp
−0.4 pp
−0.2 pp
−0.6 pp
−0.4 pp
+0.8 pp
+0.9 pp
+0.4 pp
+0.7 pp
+0.9 pp

Ferguson Enterprises Inc. · FERG

+5.7 pp
−7.4 pp
−0.3 pp
+0.6 pp
−5.5 pp
−1.9 pp

MSC Industrial Direct Co., Inc. · MSM

+1.0 pp
+0.7 pp
−0.5 pp
−1.3 pp
−0.7 pp
−1.0 pp
−1.3 pp
−1.3 pp
−1.3 pp
−1.5 pp
−1.2 pp
−0.1 pp
+0.3 pp
+0.2 pp
+1.6 pp

Pool Corporation · POOL

−6.1 pp
−2.8 pp
−6.2 pp
−7.4 pp
−4.8 pp
−1.1 pp
−1.1 pp
−1.4 pp
−0.3 pp
−0.6 pp
−0.9 pp
+0.1 pp
0.0 pp
−0.3 pp
+0.1 pp
−0.4 pp

QXO, Inc. · QXO

+1.6 pp
+122.9 pp
+3.6 pp
+4.7 pp
−26.2 pp
−112.2 pp
−1.1 pp
−5.0 pp
+26.0 pp
−5.6 pp
−3.9 pp
−1.1 pp
+1.6 pp
+0.6 pp
−0.9 pp

Resideo Technologies, Inc. · REZI

−0.8 pp
−1.0 pp
−1.1 pp
−0.4 pp
−0.8 pp
−0.9 pp
−0.5 pp
−0.2 pp
+1.0 pp
+0.2 pp
−0.4 pp
−1.6 pp

W.W. Grainger, Inc. · GWW

+3.0 pp
+1.8 pp
+1.6 pp
+1.1 pp
−0.4 pp
−0.8 pp
−0.8 pp
−0.8 pp
−0.8 pp
+0.5 pp
−0.7 pp
−0.3 pp
−3.1 pp
−0.5 pp
+0.7 pp

Watsco, Inc. · WSO

+5.9 pp
+5.6 pp
+1.7 pp
−3.3 pp
−4.8 pp
−5.8 pp
−6.2 pp
−3.7 pp
−5.3 pp
−4.2 pp
−1.2 pp
−1.0 pp
−0.7 pp
−2.6 pp
−2.1 pp

WESCO International, Inc. · WCC

+1.5 pp
+1.3 pp
+0.2 pp
−0.5 pp
−0.5 pp
−0.9 pp
−0.9 pp
−0.5 pp
−0.6 pp
−0.2 pp
−0.2 pp
0.0 pp
+0.1 pp
+0.2 pp
+0.4 pp

Xometry, Inc. · XMTR

+4.8 pp
+4.7 pp
+2.2 pp
+0.1 pp
+0.9 pp
+2.5 pp
+0.1 pp
+1.7 pp
+0.1 pp
0.0 pp
+0.3 pp
+0.8 pp
+0.1 pp
+0.5 pp
+1.6 pp
07 · compare level, then change

Valuation Against Growth & Quality

Ferguson Enterprises Inc. has the lowest Guarded PEG among the 20 Industrial Distribution companies compared here, at 0.7×. EVI Industries, Inc. is next at 1.54×. QXO, Inc. has the lowest P/E at 2.8×, so level and change sit with different companies. 10 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Ferguson Enterprises Inc. has the lowest comparable Guarded PEG at 0.7×, 54.5% below EVI Industries, Inc.. Only 10 of 20 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderFerguson Enterprises Inc. · 0.7×
Gap54.5% versus #2 · EVI Industries, Inc.
Persistence0/8 recent comparable periods
Coverage10/20 companies · 65 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Ferguson Enterprises Inc. FERG0.7
2EVI Industries, Inc. EVI1.5
3MSC Industrial Direct Co., Inc. MSM1.6
4Core & Main, Inc. CNM2.1
5DXP Enterprises, Inc. DXPE2.3
P/Elowest P/E
1QXO, Inc. QXO2.8
2Titan Machinery Inc. TITN10.2
3Global Industrial Company GIC16.0
4WESCO International, Inc. WCC19.4
5Pool Corporation POOL19.8
Valuation · company comparison
10/20 level · 19/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
SiteOne Landscape Supply, Inc. SITE8.938.7Mar 2026
Applied Industrial Technologies, Inc. AIT4.025.1Mar 2026
W.W. Grainger, Inc. GWW3.329.3Mar 2026
WESCO International, Inc. WCC3.019.5Mar 2026
Fastenal Company FAST2.940.7Jun 2026
Watsco, Inc. WSO2.730.0Mar 2026
DXP Enterprises, Inc. DXPE2.326.1Mar 2026
Core & Main, Inc. CNM2.120.8Jun 2026
MSC Industrial Direct Co., Inc. MSM1.626.4Jun 2026
EVI Industries, Inc. EVI1.545.7Mar 2026
Global Industrial Company GIC0.916.0Jun 2026
Ferguson Enterprises Inc. FERG0.721.8Mar 2026
Titan Machinery Inc. TITN0.610.3Jun 2026
DNOW Inc. DNOW0.329.3Mar 2026
QXO, Inc. QXO2.8Mar 2026
Pool Corporation POOL19.8Jun 2026
Resideo Technologies, Inc. REZI55.7Jun 2026
Distribution Solutions Group, Inc. DSGR218.7Mar 2026
BlueLinx Holdings Inc. BXC3,037.5Jun 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

0.4
0.5
0.6
0.8
1.7
1.8
3.9
4.2
3.8
4.0

Core & Main, Inc. · CNM

0.8
3.9
3.5
2.6
2.1

DNOW Inc. · DNOW

0.3

DXP Enterprises, Inc. · DXPE

0.2
0.2
0.5
0.9
0.8
2.2
0.5
0.4
0.6
0.8
2.3

Fastenal Company · FAST

2.0
3.4
5.2
5.1
6.6
3.7
2.9

Ferguson Enterprises Inc. · FERG

2.5
1.3
0.7

Global Industrial Company · GIC

0.9

MSC Industrial Direct Co., Inc. · MSM

0.8
1.6

SiteOne Landscape Supply, Inc. · SITE

1.0
8.9

W.W. Grainger, Inc. · GWW

0.5
0.6
0.7
1.1
2.5
4.9
4.0
3.4
3.3

Watsco, Inc. · WSO

0.8
2.6
2.7

WESCO International, Inc. · WCC

0.2
0.5
1.2
3.0

P/E · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

21.7
17.9
16.9
14.6
14.3
16.2
16.7
16.4
16.7
18.1
20.7
19.7
22.8
24.3
22.6
23.0
25.1
24.4
25.1

Core & Main, Inc. · CNM

29.9
42.6
26.1
14.0
11.9
10.0
12.2
15.3
13.9
18.9
26.8
25.6
21.2
26.5
25.1
28.0
23.0
23.1
20.8

Fastenal Company · FAST

33.3
40.0
34.7
27.9
24.6
25.0
27.7
30.0
27.5
32.1
38.2
31.4
35.7
36.0
38.8
40.4
45.8
36.8
40.7
40.7

Ferguson Enterprises Inc. · FERG

12.5
10.9
14.4
17.5
22.7
25.8
23.4
23.2
24.2
23.7
24.0
21.8

MSC Industrial Direct Co., Inc. · MSM

18.7
14.7
15.8
13.0
13.5
13.2
14.6
16.6
16.8
18.0
16.7
18.0
20.5
21.2
22.9
25.3
24.3
25.2
26.4

Pool Corporation · POOL

29.4
35.4
23.5
18.3
16.3
16.2
20.4
24.8
25.8
29.9
31.6
25.9
32.4
30.2
29.9
26.9
28.3
21.1
18.6
19.8

QXO, Inc. · QXO

346.9
10.3
3.9
3.5
2.9
2.8

Resideo Technologies, Inc. · REZI

15.5
13.0
9.1
9.2
10.8
12.6
13.3
16.9
16.6
18.1
37.8
55.7

SiteOne Landscape Supply, Inc. · SITE

42.0
46.6
28.6
19.7
17.4
21.9
30.1
39.9
42.6
50.6
36.0
48.9
49.3
48.6
44.0
41.9
37.8
38.7

W.W. Grainger, Inc. · GWW

22.4
26.1
23.0
17.9
17.5
18.5
21.1
22.7
19.3
22.9
28.1
24.8
28.2
27.2
25.4
26.4
26.7
28.5
29.3

Watsco, Inc. · WSO

26.7
29.0
24.9
17.8
18.8
16.0
21.0
25.7
24.9
31.5
33.3
35.7
38.2
36.5
39.1
33.9
31.6
27.7
30.0

WESCO International, Inc. · WCC

23.0
16.8
12.8
8.9
8.3
8.2
9.9
11.9
9.6
12.8
14.3
12.3
13.5
13.9
11.8
14.5
16.6
18.8
19.5
08 · compare level, then change

Enterprise Value & Book Value

DNOW Inc. has the lowest EV/EBITDA among the 20 Industrial Distribution companies compared here, at 8.26×. BlueLinx Holdings Inc. is next at 10.5×. BlueLinx Holdings Inc. has the lowest P/BV at 0.65×, so level and change sit with different companies. 19 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: DNOW Inc. leads ev/ebitda at 8.26×; BlueLinx Holdings Inc. leads p/bv at 0.65×.

LeaderDNOW Inc. · 8.26×
Gap21.3% versus #2 · BlueLinx Holdings Inc.
Persistence0/8 recent comparable periods
Coverage19/20 companies · 339 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1DNOW Inc. DNOW8.3
2BlueLinx Holdings Inc. BXC10.5
3Resideo Technologies, Inc. REZI11.0
4Global Industrial Company GIC11.5
5Core & Main, Inc. CNM12.6
P/BVlowest P/BV
1BlueLinx Holdings Inc. BXC0.7
2Titan Machinery Inc. TITN0.9
3DNOW Inc. DNOW1.0
4QXO, Inc. QXO1.4
5Resideo Technologies, Inc. REZI1.8
Enterprise and book valuation · company comparison
19/20 level · 20/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
QXO, Inc. QXO121.51.4Mar 2026
Fastenal Company FAST28.313.6Jun 2026
Titan Machinery Inc. TITN23.40.9Jun 2026
Watsco, Inc. WSO19.04.3Mar 2026
W.W. Grainger, Inc. GWW18.813.1Mar 2026
SiteOne Landscape Supply, Inc. SITE17.93.6Mar 2026
Applied Industrial Technologies, Inc. AIT17.05.3Mar 2026
Ferguson Enterprises Inc. FERG15.47.7Mar 2026
MSC Industrial Direct Co., Inc. MSM15.34.3Jun 2026
EVI Industries, Inc. EVI15.11.8Mar 2026
Pool Corporation POOL15.06.5Jun 2026
WESCO International, Inc. WCC13.72.8Mar 2026
Distribution Solutions Group, Inc. DSGR13.11.9Mar 2026
DXP Enterprises, Inc. DXPE12.94.2Mar 2026
Core & Main, Inc. CNM12.64.5Jun 2026
Global Industrial Company GIC11.53.8Jun 2026
Resideo Technologies, Inc. REZI11.01.8Jun 2026
BlueLinx Holdings Inc. BXC10.50.7Jun 2026
DNOW Inc. DNOW8.31.0Mar 2026
Xometry, Inc. XMTR7.6Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

14.4
12.5
11.7
10.2
10.1
11.2
11.7
11.2
11.6
12.7
14.5
13.8
16.0
17.3
15.8
16.1
17.3
16.7
17.0

Core & Main, Inc. · CNM

13.1
10.5
9.1
6.3
7.1
6.4
7.2
8.4
7.9
11.1
15.4
14.8
12.6
14.6
14.0
15.7
13.4
13.5
12.6

Fastenal Company · FAST

22.3
26.9
23.6
19.0
16.9
16.9
18.7
20.3
18.7
21.9
26.1
21.4
24.3
24.6
26.5
27.9
31.5
25.2
28.3
28.3

Ferguson Enterprises Inc. · FERG

8.5
8.5
10.7
12.6
18.1
16.7
15.2
14.9
16.1
16.5
17.0
15.4

MSC Industrial Direct Co., Inc. · MSM

13.0
10.9
11.5
9.7
9.9
9.7
10.1
11.3
11.3
11.9
10.8
10.9
11.9
12.0
12.6
14.0
13.7
14.2
15.3

Pool Corporation · POOL

22.2
28.0
19.2
14.9
13.1
12.6
15.4
18.2
18.5
21.1
22.3
18.8
22.8
21.2
21.0
19.4
20.1
15.5
13.9
15.0

QXO, Inc. · QXO

143.8
277.2
581.9
8,572.5
447.2
161.9
3.6
3.3
2.8
78.9
275.9
87.8
121.5

Resideo Technologies, Inc. · REZI

6.3
6.9
5.3
5.3
5.7
5.7
5.4
6.4
8.1
7.5
7.8
6.5
6.6
11.3
10.3
11.0

SiteOne Landscape Supply, Inc. · SITE

25.3
27.5
18.9
13.5
11.7
12.4
15.5
19.4
19.9
24.5
17.9
19.8
20.7
18.4
18.4
18.5
17.1
17.9

W.W. Grainger, Inc. · GWW

14.2
16.9
15.1
12.2
11.9
12.7
14.4
15.5
13.3
15.6
18.8
16.7
18.9
18.6
17.3
18.0
17.5
18.4
18.8

Watsco, Inc. · WSO

17.2
18.1
15.7
11.7
12.1
11.2
14.5
17.8
17.6
20.5
21.4
23.0
24.9
23.5
24.8
21.9
20.7
17.9
19.0

WESCO International, Inc. · WCC

12.3
11.6
10.2
8.3
7.9
7.3
8.2
8.8
7.7
9.0
9.0
8.8
9.3
9.8
9.2
10.6
11.6
13.2
13.7

P/BV · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Applied Industrial Technologies, Inc. · AIT

3.6
3.9
3.6
3.2
3.3
3.8
4.0
3.8
3.9
4.2
4.6
4.4
4.9
5.1
4.7
4.8
5.2
5.1
5.3

Core & Main, Inc. · CNM

3.6
3.0
2.8
2.6
2.4
2.1
2.7
3.2
2.9
5.4
7.0
6.3
5.1
6.3
5.9
6.3
5.0
5.0
4.5

Fastenal Company · FAST

10.0
12.1
10.9
9.0
8.3
8.5
9.4
10.0
9.0
11.1
12.9
10.3
11.4
11.4
12.1
12.7
14.5
11.7
13.4
13.6

Ferguson Enterprises Inc. · FERG

4.5
6.3
5.9
6.6
7.6
8.0
7.0
6.6
6.1
7.5
8.0
7.7

MSC Industrial Direct Co., Inc. · MSM

3.8
3.6
3.7
3.3
3.5
3.6
3.6
4.0
4.0
4.1
3.4
3.3
3.5
3.3
3.3
3.6
3.6
3.8
4.3

Pool Corporation · POOL

17.7
21.2
14.4
11.3
10.4
9.6
10.6
10.0
9.7
11.7
11.5
8.3
10.0
10.1
9.7
8.4
8.4
7.1
6.5

QXO, Inc. · QXO

26.6
19.6
14.3
12.0
12.1
13.0
13.0
13.9
19.6
12.2
9.2
0.1
1.3
1.3
1.1
1.5
1.3
1.3
1.4

Resideo Technologies, Inc. · REZI

1.7
1.5
1.2
1.2
1.0
1.0
1.0
1.2
0.9
0.9
1.0
0.8
1.3
2.2
1.8
1.8

W.W. Grainger, Inc. · GWW

11.1
14.2
12.7
10.5
10.7
11.5
12.6
13.4
11.1
13.1
15.6
13.5
14.4
15.2
13.7
13.6
12.7
12.8
13.1

Watsco, Inc. · WSO

4.7
5.5
5.2
3.8
4.0
3.9
5.0
5.6
5.1
6.0
5.4
5.7
5.9
5.9
6.2
5.2
4.6
4.0
4.3

WESCO International, Inc. · WCC

1.6
1.8
1.7
1.3
1.5
1.4
1.7
1.9
1.5
1.8
1.8
1.6
1.6
1.8
1.5
1.9
2.1
2.6
2.8

Xometry, Inc. · XMTR

7.5
5.6
4.2
4.0
6.9
4.1
2.0
3.0
2.4
5.3
2.6
1.8
2.9
6.8
4.1
6.3
10.2
11.0
7.6
09 · let price answer last

Market action

Xometry, Inc. has the strongest one-year price move in Industrial Distribution at +167.1%. It also leads on Mansfield relative strength against the S&P 500 at +26.9%. 9 of 20 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Industrial Distribution comparison names 4 specific ways its own evidence can mislead, all listed below. All 20 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
10 · the complete set

Which companies are included?

All 20 companies in the canonical Industrial Distribution membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentals
W.W. Grainger, Inc. GWWAHEAD24/26 WEEKS$66.0B$1,3992026-07-28Mar 2026
Fastenal Company FAST$55.2B$48.12026-07-28Jun 2026
Ferguson Enterprises Inc. FERG$45.0B$2322026-07-28Mar 2026
WESCO International, Inc. WCC21/26 WEEKS$16.1B$3312026-07-28Mar 2026
QXO, Inc. QXO$14.8B$14.32026-07-28Mar 2026
Watsco, Inc. WSO$14.2B$3642026-07-28Mar 2026
Applied Industrial Technologies, Inc. AITAHEAD24/26 WEEKS$12.9B$3482026-07-28Mar 2026
Core & Main, Inc. CNM$8.5B$44.02026-07-28Jun 2026
Pool Corporation POOL$7.0B$1922026-07-28Jun 2026
MSC Industrial Direct Co., Inc. MSMAHEAD26/26 WEEKS$7.0B$1252026-07-28Jun 2026
Resideo Technologies, Inc. REZI$5.6B$36.72026-07-28Jun 2026
Xometry, Inc. XMTRAHEAD$4.7B$83.02026-07-28Mar 2026
SiteOne Landscape Supply, Inc. SITELAGGING, FUNDAMENTALS UP$4.6B$1032026-07-28Mar 2026
DNOW Inc. DNOW$2.5B$13.82026-07-28Mar 2026
DXP Enterprises, Inc. DXPE18/26 WEEKS$2.5B$1602026-07-28Mar 2026
Distribution Solutions Group, Inc. DSGRAHEAD$1.6B$34.62026-07-28Mar 2026
Global Industrial Company GICAHEAD$1.4B$36.42026-07-28Jun 2026
BlueLinx Holdings Inc. BXCAHEAD$465M$59.82026-07-28Jun 2026
Titan Machinery Inc. TITN18/26 WEEKS$446M$19.62026-07-28Jun 2026
EVI Industries, Inc. EVI$194M$15.12026-07-28Mar 2026
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 20 Industrial Distribution companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Questions investors ask · short, speakable answers

Industrial Distribution company comparison FAQs

These 18 answers restate the Industrial Distribution comparison above in question form. Every one is computed from the same 20 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.

Which Industrial Distribution company is the biggest?

Ferguson Enterprises Inc. is the largest, with trailing-twelve-month revenue of $31,759 million, ahead of WESCO International, Inc. at $24,248 million. That covers 15 of 20 companies with comparable reporting through Mar 2026.

Which Industrial Distribution company is growing fastest?

QXO, Inc. has the fastest revenue growth at 100% year on year, across 15 of 20 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Industrial Distribution company has the best profit margins?

Fastenal Company has the highest operating margin at 20.3%, from 20 of 20 comparable companies. QXO, Inc. shows the biggest recent improvement, at +276.5 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Industrial Distribution company makes the most profit?

Ferguson Enterprises Inc. earns the most, at $2,094 million of trailing-twelve-month net profit, from 15 of 20 comparable companies. Distribution Solutions Group, Inc. has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Industrial Distribution company earns the highest return on capital?

Watsco, Inc. leads on return on capital employed at 18.7%, across 20 of 20 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Industrial Distribution stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Ferguson Enterprises Inc. screens cheapest at 0.7×. Only 10 of 20 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Industrial Distribution company has the strongest balance sheet?

EVI Industries, Inc. carries the lowest comparable gross debt at $73 million, from 20 of 20 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Industrial Distribution company is investing most in new capacity?

W.W. Grainger, Inc. reports the largest capital spending at $170 million, across 20 of 20 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.

Is the Industrial Distribution sector beating the market?

Industrial Distribution has underperformed S&P 500 by 2.6% over the last 52 weeks and 0.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 9 of 20 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Industrial Distribution stock has the strongest price momentum?

Xometry, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Industrial Distribution company scores highest for research priority?

MSC Industrial Direct Co., Inc. scores 69.7 out of 100 with 86.2% evidence confidence, from 23.9 points on growth and earnings, 15.3 on capital efficiency, 11.5 on valuation and 19 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Industrial Distribution companies does this comparison cover, and over what period?

It compares 20 listed companies over up to 20 reported quarters of fundamentals and 6 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Industrial Distribution sector?

The 20 Industrial Distribution companies on this page carry $270,553 million of combined market value. W.W. Grainger, Inc. is the largest at $66,046 million, about 24% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

What is the Industrial Distribution sector's P/E ratio?

The median price-to-earnings ratio across the 20 Industrial Distribution companies on this page is 26.4×, measured on the 19 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

How is the Industrial Distribution sector performing?

9 of the 20 covered Industrial Distribution companies are beating S&P 500 on Mansfield relative strength. The sector itself is 2.6% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

How many Industrial Distribution stocks are listed in the US?

This comparison covers 20 listed Industrial Distribution companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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