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.
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