1
HD
2nd
Through its HD Supply division and the acquisition of SRS and GMS, the company operates a wholesale distribution platform selling MRO products and building materials to institutional, commercial, and professional contractor customers.
Home Depot
Industrial Distribution
299.47 Bn
300.07
-0.81%
-28.12%
20.97
1.77
297.38 Bn
2
TT
2nd
The company explicitly generates revenue from the rental of equipment and optional rental arrangements to strengthen its cash flow predictability.
Trane Technologies
Equipment Rental
94.36 Bn
428.88
+1.33%
+6.56%
46.07
4.25
93.07 Bn
3
URI
United Rentals is the largest equipment rental company in the world, with equipment rentals representing 87 percent of its total revenues. The company rents out a massive fleet of construction, aerial, industrial, and specialty equipment to businesses, municipalities, and homeowners.
United Rentals
Equipment Rental
80.01 Bn
1,015.14
+1.23%
+7.67%
—
—
—
4
CMI
2nd
The company operates a Distribution segment with approximately 640 locations that provide sales, service, and support for its engines and power generation systems.
Cummins
Industrial Distribution
73.24 Bn
532.05
+1.58%
+24.78%
27.02
2.11
69.63 Bn
5
PCAR
2nd
PACCAR distributes aftermarket parts for trucks and commercial vehicles through a global network of over 2,000 dealers and 350 TRP stores. This distribution business contributed approximately 24% of total net sales in 2025.
Paccar
Industrial Distribution
61.09 Bn
116.06
-1.11%
+14.44%
24.42
2.20
52.42 Bn
6
GWW
W.W. Grainger is a broad line distributor of maintenance, repair and operating (MRO) products, selling a wide range of items including safety equipment, pumps, and hand tools. The company operates as a wholesaler and distributor rather than a manufacturer, utilizing platforms like Zoro and MonotaRO to resell millions of products to industrial and commercial customers.
W.W. Grainger
Industrial Distribution
59.65 Bn
1,266.50
+0.29%
+25.99%
30.18
3.17
59.45 Bn
7
FAST
Fastenal is primarily a distributor of industrial and construction supplies, including fasteners and safety supplies, selling to B2B customers through a global branch network. The profile explicitly states it holds a strong position in the industrial distribution market and generates the majority of its revenue from reselling products sourced from third-party manufacturers.
Fastenal
Industrial Distribution
56.24 Bn
49.01
-0.35%
+3.79%
41.60
6.43
56.03 Bn
8
FERG
Ferguson is explicitly described as the largest value-added distributor serving the North American construction market, selling plumbing, HVAC, and PVF products. It operates as a wholesaler through a network of distribution centers and branches, earning revenue from product resale margins rather than manufacturing.
Ferguson Enterprises
Industrial Distribution
41.63 Bn
214.47
+0.11%
-6.43%
20.57
1.33
40.81 Bn
9
JD
2nd
Through JD Industrials, the company provides industrial supply chain technology and services to help business customers improve reliability and reduce costs in their industrial procurement.
JD.com
Industrial Distribution
32.66 Bn
26.92
+1.05%
-23.91%
7.24
0.10
9.40 Bn
10
SUNB
Sunbelt Rentals Holdings operates as an equipment rental company, generating its primary revenue from renting construction, industrial, and general-purpose gear such as excavators, forklifts, and mobile elevating work platforms. The company explicitly positions itself as one of the largest equipment rental businesses in North America and the United Kingdom.
Sunbelt Rentals Holdings
Equipment Rental
30.16 Bn
73.59
-0.55%
—
19.63
2.62
30.13 Bn
11
AER
2nd
Through AerCap Materials, the company distributes airframe and engine components and sells parts from aircraft dismantling to airlines and MRO providers.
AerCap Holdings
Industrial Distribution
23.63 Bn
141.60
-1.24%
+16.79%
5.77
2.64
23.63 Bn
12
RS
Reliance is the largest metals service center company in North America, distributing over 100,000 metal products including alloy, aluminum, and stainless steel. Its core business model is purchasing raw metals from mills and reselling them to fabricators, manufacturers, and other industrial customers.
Reliance
Industrial Distribution
19.90 Bn
389.74
-2.69%
+35.51%
22.26
1.26
19.67 Bn
13
GPC
2nd
The Industrial Parts Group, operating through Motion Industries, distributes MRO supplies such as bearings, seals, gaskets, hydraulics, and pneumatics to industrial end users and original equipment manufacturers.
Genuine Parts
Industrial Distribution
17.65 Bn
128.06
-2.17%
-7.14%
538.46
0.70
17.11 Bn
14
WCC
Wesco is a leading B2B distributor that generates revenue primarily through the sale of electrical, communications, and utility products. It operates as a wholesaler for a broad range of MRO supplies, electrical equipment, and network infrastructure, serving construction, industrial, and utility customers.
Wesco International
Industrial Distribution
16.76 Bn
343.87
+1.35%
+60.00%
23.45
0.67
15.94 Bn
15
PAG
2nd
The Penske Australia segment acts as an importer and distributor of commercial vehicles, diesel and gas engines, and power systems (such as MTU and Detroit Diesel) to the trucking, mining, and construction sectors.
Penske Automotive
Industrial Distribution
13.96 Bn
212.65
-1.01%
+19.10%
14.90
0.43
13.91 Bn
16
MLI
2nd
The company generates revenue through the resale of complementary plumbing and HVAC components, operating as a distributor of steel pipe, brass and plastic plumbing valves, and malleable iron fittings.
Mueller Industries
Industrial Distribution
13.28 Bn
60.06
-0.45%
+19.83%
15.47
2.85
11.89 Bn
17
AIT
Applied Industrial Technologies is primarily a distributor of industrial products, offering over nine million SKUs including bearings, power transmission products, and fluid power components. Its Service Center segment specifically focuses on maintenance, repair, and operations (MRO) distribution through a network of local service centers and distribution centers.
Applied Industrial Technologies
Industrial Distribution
11.84 Bn
321.81
+1.48%
+22.47%
29.02
2.38
11.72 Bn
18
WSO
Watsco is the largest distributor of air conditioning, heating, and refrigeration equipment in North America, acting as an intermediary between OEMs and contractors. Its revenue is derived from the resale of HVAC equipment (67% of revenues) and related parts and supplies (29%), fitting the profile of an industrial distributor rather than a manufacturer.
Watsco
Industrial Distribution
11.10 Bn
311.85
+2.04%
-18.84%
21.23
1.52
11.11 Bn
19
AVTR
Avantor operates a massive distribution channel through VWR, which distributes a broad portfolio of consumables, equipment, and instrumentation to laboratories worldwide. This channel business provides access to millions of SKUs from thousands of suppliers, fitting the profile of an industrial distributor.
Avantor
Industrial Distribution
10.50 Bn
15.52
-2.08%
+20.68%
-18.16
1.60
10.19 Bn
20
R
2nd
The Fleet Management Solutions segment (38% of revenue) provides commercial rental and full-service leasing of vehicles, where Ryder retains ownership and rents the assets to businesses.
Ryder System
Equipment Rental
9.14 Bn
238.47
-0.24%
+28.47%
18.49
0.71
9.14 Bn
21
CNM
Core & Main is a specialty distributor that generates revenue through the resale of over 225,000 products sourced from 5,000 suppliers, including pipes, valves, fittings, and fire protection equipment. It operates as a wholesaler rather than a manufacturer, serving municipalities, private water companies, and professional contractors.
Core & Main
Industrial Distribution
7.86 Bn
42.62
-0.68%
-15.37%
16.61
1.02
7.62 Bn
22
KEX
2nd
The company operates a distribution and services segment as a major authorized distributor for OEM brands such as Caterpillar, Cummins, and Volvo Penta, selling original equipment manufacturer parts and aftermarket components.
Kirby
Industrial Distribution
7.30 Bn
138.35
-0.04%
+64.62%
20.75
2.09
7.27 Bn
23
FSS
2nd
The company explicitly generates revenue from equipment rental as part of its aftermarket offering within the Environmental Solutions Group.
Federal Signal
Equipment Rental
6.95 Bn
113.81
-0.20%
-10.86%
24.29
2.84
6.88 Bn
24
MSM
MSC Industrial Direct operates as a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products. It generates revenue through the resale of approximately 2.5 million SKUs, including cutting tools, abrasives, and fasteners, to manufacturing customers and government agencies.
Msc Industrial Direct
Industrial Distribution
6.82 Bn
122.15
+0.33%
+31.58%
29.90
1.75
6.75 Bn
25
BLDR
2nd
Builders FirstSource operates as a distributor of a wide range of building products, including dimensional lumber, plywood, oriented strand board, and specialty items like siding and insulation, reselling these to professional builders.
Builders FirstSource
Industrial Distribution
6.25 Bn
58.12
+0.73%
-54.92%
86.67
0.43
6.19 Bn