Machinery, equipment, and supplies merchant wholesalers (NAICS 423830) industry trends
The machinery, equipment, and supplies merchant wholesalers industry includes wholesalers of machinery, equipment and supplies related to construction, mining, farm, garden, industry and transportation. Examples of merchants that distribute machinery and equipment used in construction, mining (except oil well) and logging activities include excavating machinery and equipment merchant wholesalers and forestry machinery and equipment merchant wholesalers. Wholesalers of farm and garden machinery and equipment include animal feeders merchant wholesalers as well as lawnmowers merchant wholesalers. Industrial machinery and equipment merchant wholesalers include food-processing machinery and equipment merchant wholesalers as well as metalworking machinery and equipment merchant wholesalers. Amusement park equipment merchant wholesalers and janitorial supplies merchant wholesalers are examples of service establishment equipment and supplies merchant wholesalers. Additionally, this industry includes aircraft merchant wholesalers, railroad cars merchant wholesalers and other transportation equipment and supplies merchant wholesalers.
The Census Bureau’s most recent data indicates that there approximately 60, 839 firms within this industry. The majority of wholesalers within this industry are industrial machinery and equipment merchant wholesalers.
According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 5.25 percent. During this same time, the average gross profit margin was 29.14 percent.
The graph below shows business statistics for the average company in the machinery, equipment, and supplies merchant wholesalers industry.
