Wholesale Trade

Sector Overview

The Wholesale Trade sector serves as a critical intermediary between manufacturers and retailers or professional users, providing essential services that facilitate the movement of goods. Companies in this sector buy large quantities of products from manufacturers and resell them to retail businesses, service providers, and industrial entities. This compartment of the economy includes a range of suppliers, from those dealing in consumer goods to specialized sectors such as medical supplies, industrial equipment, and agricultural products. Notable companies in this sector include McKesson Corporation and Amerisource Bergen Corp., which are significant players in healthcare distribution, alongside technology-oriented firms like Tech Data Corp. and consumer product companies like Core-Mark Holding Co Inc. and Nutrien Ltd.

Key Metrics

*Weighted by Market Cap Last updated: Oct 25, 2026
Avg P/E Ratio 27.2
Profitable Companies 99%
Avg Growth 7.9%
Avg Dividend Yield 1.09%

Historical Return

Last updated: Oct 15, 2026
1 Year +13.7% +1.1% Div
3 Years Ø +12.0% +1.1% Div
5 Years Ø +12.1% +1.1% Div
1 Year +3.3% +1.1% Div
3 Years Ø +23.9% +1.1% Div
5 Years Ø +5.5% +1.1% Div

Risk & Analysis Metrics

Last updated: Oct 25, 2026

Volatility

13.65% 1 Year
13.70% 3 Years
15.63% 5 Years
18.61% 10 Years

Max Drawdown

-12.36% 1 Year
-14.35% 3 Years
-16.10% 5 Years
-33.46% 10 Years

Sharpe Ratio

0.91 1 Year
1.01 3 Years
0.83 5 Years
0.70 10 Years

Volatility

44.75% 1 Year
32.74% 3 Years
73.13% 5 Years
112.74% 10 Years

Max Drawdown

-11.32% 1 Year
-25.70% 3 Years
-25.10% 5 Years
-36.51% 10 Years

Sharpe Ratio

1.03 1 Year
0.98 3 Years
0.74 5 Years
0.69 10 Years

Return Triangle (Heatmap)

Last updated: Oct 15, 2026
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2011 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -1.6% 0.7% 2.5% 5.1% 5.4% 6.6% 6.1% 5.7%
2012 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -1.9% 0.8% 2.8% 5.7% 5.9% 7.2% 6.6% 6.1%
2013 0.0% 0.0% 0.0% 0.0% 0.0% -2.2% 0.9% 3.1% 6.3% 6.5% 7.8% 7.2% 6.6%
2014 0.0% 0.0% 0.0% 0.0% -2.6% 1.1% 3.6% 7.1% 7.3% 8.7% 7.8% 7.2%
2015 0.0% 0.0% 0.0% -3.2% 1.3% 4.2% 8.2% 8.2% 9.7% 8.7% 7.8%
2016 0.0% 0.0% -4.3% 1.6% 5.1% 9.6% 9.5% 10.9% 9.7% 8.7%
2017 0.0% -6.4% 2.1% 6.4% 11.6% 11.1% 12.6% 10.9% 9.7%
2018 -12.3% 3.2% 8.6% 14.7% 13.5% 14.9% 12.6% 10.9%
2019 21.5% 20.8% 25.5% 21.1% 21.2% 17.4% 14.7%
2020 20.1% 27.5% 20.9% 21.2% 16.6% 13.6%
2021 35.4% 21.3% 21.5% 15.7% 12.4%
2022 8.7% 15.1% 9.8% 7.3%
2023 21.9% 10.4% 6.8%
2024 0.0% 0.0%
2025 0.0%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2011 12.0% 9.7% 19.9% 125.3% 528.2% 377.4% 294.5% 247.6% 207.9% 188.3% 179.9% 161.9% 144.7% 142.8% 129.2%
2012 7.3% 24.0% 184.4% 866.7% 538.0% 386.6% 308.7% 249.4% 220.2% 206.7% 182.9% 161.1% 157.7% 141.2%
2013 43.3% 362.9% 1911.1% 896.1% 558.3% 410.7% 313.6% 267.1% 244.7% 211.7% 183.1% 177.2% 156.7%
2014 1395.4% 7435.0% 1801.3% 863.8% 558.5% 393.5% 319.9% 284.6% 239.9% 203.1% 194.4% 169.4%
2015 37868.1% 2043.9% 732.6% 436.4% 295.4% 239.8% 216.8% 182.4% 153.8% 150.2% 130.6%
2016 21.1% 23.3% 29.7% 26.3% 32.3% 42.7% 40.2% 35.7% 43.2% 38.4%
2017 25.6% 34.2% 28.1% 35.3% 47.4% 43.7% 38.0% 46.3% 40.5%
2018 43.4% 29.4% 38.7% 53.5% 47.6% 40.1% 49.5% 42.5%
2019 16.7% 36.4% 57.0% 48.7% 39.5% 50.5% 42.3%
2020 59.3% 82.1% 61.2% 45.8% 58.4% 47.1%
2021 108.1% 62.1% 41.6% 58.1% 44.8%
2022 26.3% 16.8% 44.3% 32.2%
2023 8.1% 54.2% 34.3%
2024 120.2% 49.7%
2025 1.7%

Distributions

Last updated: Oct 15, 2026

Profit Margin Distribution

< 0%
2%
1y 3y 6% 2%
0 - 5%
54%
1y 3y 51% 52%
5 - 10%
31%
1y 3y 17% 20%
10 - 15%
6%
1y 3y 15% 18%
15 - 20%
8%
1y 3y 11% 7%
20 - 30%
0%
1y 3y 0% 1%
30 - 40%
0%
1y 3y 0% 0%
> 40%
0%
1y 3y 0% 0%
< 0%
30%
1y 3y 34% 28%
0 - 5%
41%
1y 3y 42% 42%
5 - 10%
18%
1y 3y 11% 17%
10 - 15%
7%
1y 3y 6% 5%
15 - 20%
1%
1y 3y 4% 2%
20 - 30%
0%
1y 3y 0% 4%
30 - 40%
0%
1y 3y 0% 0%
> 40%
2%
1y 3y 4% 2%

P/E Ratio Distribution

< 0
3%
1y 3y 8% 2%
0 - 10
1%
1y 3y 1% 23%
10 - 15
13%
1y 3y 7% 5%
15 - 20
12%
1y 3y 3% 19%
20 - 25
20%
1y 3y 24% 28%
25 - 35
38%
1y 3y 41% 15%
35 - 50
12%
1y 3y 16% 2%
> 50
4%
1y 3y 1% 6%
< 0
31%
1y 3y 40% 11%
0 - 10
5%
1y 3y 4% 52%
10 - 15
13%
1y 3y 15% 8%
15 - 20
8%
1y 3y 10% 7%
20 - 25
16%
1y 3y 10% 11%
25 - 35
13%
1y 3y 12% 5%
35 - 50
6%
1y 3y 8% 2%
> 50
8%
1y 3y 2% 5%

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A
Equal Weight Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Portfolio Concentration

*by Market Cap Last updated: Oct 15, 2026
51.1% Top 5 Holdings
71.5% Top 10 Holdings
99.1% Top 50 Holdings
100.0% Top 100 Holdings
Top 5 Companies
MCK Mckesson Corporation
16.7%
0HF3.L Amerisource Bergen Corp.
9.1%
0IZI.L W.W. Grainger Inc.
8.8%
FAST Fastenal Co.
8.4%
0HTG.L Cardinal Health, Inc.
8.1%

Market Cap Size Distribution

Micro Cap
0.3%
1y 3y 0.4% 0.6%
Small Cap
2.7%
1y 3y 3.7% 4.7%
Mid Cap
15.5%
1y 3y 18.2% 23.6%
Large Cap
81.5%
1y 3y 77.6% 71.2%
Mega Cap
0.0%
1y 3y 0.0% 0.0%
Micro: < $300M Small: $300Mā€“$2B Mid: $2Bā€“$10B Large: $10Bā€“$200B Mega: > $200B
Micro Cap
27.4%
1y 3y 32.5% 32.9%
Small Cap
27.4%
1y 3y 25.3% 27.1%
Mid Cap
27.4%
1y 3y 25.3% 25.9%
Large Cap
17.9%
1y 3y 16.9% 14.1%
Mega Cap
0.0%
1y 3y 0.0% 0.0%
Micro: < $300M Small: $300Mā€“$2B Mid: $2Bā€“$10B Large: $10Bā€“$200B Mega: > $200B

Latest News

View all news →
10 days ago • seekingalpha.com

Fastenal Q3: The Math Behind My Sell Rating

Fastenal Company remains a high-quality compounder, but current valuationā€”~40x earningsā€”makes the stock unattractive for new investment. Q3 results...
10 days ago • marketbeat.com

Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure

Fastenal NASDAQ: FAST had a good Q3, but raised concerns about margin compression. Investors should not get this wrong: the slim gross margin contr...
10 days ago • 247wallst.com

A Guaranteed 1.73% or a Growing Dividend? The Choice Facing Income Investors

A bank will lock in your rate and hand back every dollar at maturity, while an industrial distributor has raised its quarterly payout three times i...

Industries

28 total
Business to Business Electronic Markets
13 Companies ›
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
12 Companies ›
Automobile and Other Motor Vehicle Merchant Wholesalers
9 Companies ›
Industrial Machinery and Equipment Merchant Wholesalers
7 Companies ›

Average metrics of all companies in sector Last updated: Oct 25, 2026

Compare to
Market
Market Cap The average market value of companies in this sector. $17.7B
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 1.09 %
Beta Indicates the relationship between the price performance of a share and the market. 0.79
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 27.17
Negative P/E Ratio A negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything. -12.64
Profitable Companies 99%
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 24.42
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 1.6
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company. -0.54
Compare to
Market
Enterprise Value to EBIT Enterprise Value divided by EBIT. 21.46
Enterprise Value to Revenue Enterprise value divided by revenue. 1.71
Total Debt to Enterprise Value Total debt divided by enterprise value. 0.15
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. 0.16
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 5.33%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. +7.9%
Return on Equity Equity divided by market cap. -0.62%
Return on Assets Indicates a company's profitability in relation to its total assets. 8.45%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 22.43%

Stock Screener

Select filters to narrow down the 115 companies below

115 companies
$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap
Dividends Ratio of dividends in the last 12 months to current share price
P/E Ratio
Revenue Revenue of the last quarter YoY Change
Net income Net income of the last quarter YoY Change
Profit margin Profit margin of the last quarter

Mckesson Corporation

MCK

Mckesson Corporation

MCK
Market Cap $117.09B
Dividends 0.3%
P/E Ratio 26.7
Revenue $105B +7.7%
Net Income $614M -21.7%
Profit Margin +0.6%
Employees 80K
View Stock

McKesson Corporation

0JZU.L

McKesson Corporation

0JZU.L
Market Cap $117.09B
Dividends 0.3%
P/E Ratio 26.7
Revenue $105B +7.7%
Net Income $614M -21.7%
Profit Margin +0.6%
Employees 80K
View Stock

W.W. Grainger Inc.

GWW

W.W. Grainger Inc.

GWW
Market Cap $63.84B
Dividends 0.7%
P/E Ratio 34.4
Revenue $5.02B +10.3%
Net Income $570M +18.3%
Profit Margin +11.4%
Employees 25K
View Stock

W.W. Grainger, Inc.

0IZI.L

W.W. Grainger, Inc.

0IZI.L
Market Cap $63.84B
Dividends 0.7%
P/E Ratio 34.4
Revenue $5.02B +10.3%
Net Income $570M +18.3%
Profit Margin +11.4%
Employees 25K
View Stock

Amerisource Bergen Corp.

ABC

Amerisource Bergen Corp.

ABC
Market Cap $63.57B
Dividends 0.7%
P/E Ratio 24.5
Revenue $84.8B +5.1%
Net Income $764M +11.1%
Profit Margin +0.9%
Employees 22K
View Stock

Cencora Inc.

COR

Cencora Inc.

COR
Market Cap $63.57B
Dividends 0.7%
P/E Ratio 24.5
Revenue $84.8B +5.1%
Net Income $764M +11.1%
Profit Margin +0.9%
Employees 22K
View Stock

Cencora, Inc.

0HF3.L

Cencora, Inc.

0HF3.L
Market Cap $63.57B
Dividends 0.7%
P/E Ratio 24.5
Revenue $84.8B +5.1%
Net Income $764M +11.1%
Profit Margin +0.9%
Employees 22K
View Stock

Fastenal Co.

FAST

Fastenal Co.

FAST
Market Cap $59.88B
Dividends 1.8%
P/E Ratio 41.9
Revenue $2.46B +15.5%
Net Income $402M +19.7%
Profit Margin +16.3%
Employees 24.49K
View Stock

Fastenal Company

0IKW.L

Fastenal Company

0IKW.L
Market Cap $59.88B
Dividends 1.8%
P/E Ratio 41.9
Revenue $2.46B +15.5%
Net Income $402M +19.7%
Profit Margin +16.3%
Employees 24.49K
View Stock

Fastenal Company

FAS.DE

Fastenal Company

FAS.DE
Market Cap $59.88B
Dividends 1.8%
P/E Ratio 41.9
Revenue $2.46B +15.5%
Net Income $402M +19.7%
Profit Margin +16.3%
Employees 24.49K
View Stock

Cardinal Health, Inc.

CAH

Cardinal Health, Inc.

CAH
Market Cap $58.25B
Dividends 0.8%
P/E Ratio 34.3
Revenue $63.9B +6.1%
Net Income $394M +64.9%
Profit Margin +0.6%
Employees 63.9K
View Stock

Cardinal Health, Inc.

0HTG.L

Cardinal Health, Inc.

0HTG.L
Market Cap $58.25B
Dividends 0.8%
P/E Ratio 34.3
Revenue $63.9B +6.1%
Net Income $394M +64.9%
Profit Margin +0.6%
Employees 63.9K
View Stock

Nutrien Ltd

NTR

Nutrien Ltd

NTR
Market Cap $46.59B
Dividends 3.1%
P/E Ratio 14.1
Revenue $10.8B +3.6%
Net Income $1.21B -0.6%
Profit Margin +11.2%
Employees 25.1K
View Stock

Nutrien Ltd.

0NHS.L

Nutrien Ltd.

0NHS.L
Market Cap $46.59B
Dividends 3.1%
P/E Ratio 14.1
Revenue $10.8B +3.6%
Net Income $1.21B -0.6%
Profit Margin +11.2%
Employees 25.1K
View Stock

Nutrien Ltd.

NTR.TO

Nutrien Ltd.

NTR.TO
Market Cap $46.59B
Dividends 3.1%
P/E Ratio 14.1
Revenue $10.8B +3.6%
Net Income $1.21B -0.6%
Profit Margin +11.2%
Employees 25.1K
View Stock

Neste Corporation - ADR

NTOIY

Neste Corporation - ADR

NTOIY
Market Cap $26.86B
Dividends 0.6%
P/E Ratio 15.8
Revenue $5.99B +32.7%
Net Income $765M -2225.0%
Profit Margin +12.8%
Employees 4.85K
View Stock

Neste Oyj

NEF.DE

Neste Oyj

NEF.DE
Market Cap $26.86B
Dividends 0.6%
P/E Ratio 16.3
Revenue $5.99B +32.7%
Net Income $765M -2225.0%
Profit Margin +12.8%
Employees 4.85K
View Stock

Neste Oyj

NEF.F

Neste Oyj

NEF.F
Market Cap $26.86B
Dividends 0.6%
P/E Ratio 16.3
Revenue $5.99B +32.7%
Net Income $765M -2225.0%
Profit Margin +12.8%
Employees 4.85K
View Stock

Neste Oyj

NESTE.HE

Neste Oyj

NESTE.HE
Market Cap $26.86B
Dividends 0.6%
P/E Ratio 16.3
Revenue $5.99B +32.7%
Net Income $765M -2225.0%
Profit Margin +12.8%
Employees 4.85K
View Stock

Neste Oyj

NTOIF

Neste Oyj

NTOIF
Market Cap $26.86B
Dividends 0.6%
P/E Ratio 16.3
Revenue $5.99B +32.7%
Net Income $765M -2225.0%
Profit Margin +12.8%
Employees 4.85K
View Stock