Below are the five companies in the Industrial Distribution industry with the highest gross margins. Gross margin represents the amount of revenue retained after deducting direct costs associated with producing the goods or services which led to that revenue. The higher the gross margin as a percentage of revenue, the better.
MSC Industrial Direct Company Inc. ranks highest with a gross margin of 4,230.0%. Following is W.W. Grainger Inc. with a gross margin of 3,750.0%. SiteOne Landscape Supply Inc. ranks third highest with a gross margin of 3,600.0%.
Applied Industrial Technologies Inc. follows with a gross margin of 2,910.0%, and Watsco Inc. rounds out the top five with a gross margin of 2,790.0%.
InvestorBrandNetwork is monitoring the Industrial Equipment Wholesale Industry for any potential shift so investors can protect gains.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com