Petroleum and Petroleum Products Merchant Wholesalers - Market Size, Financial Statistics, Industry Trends
Industry Overview
This industry group comprises establishments primarily engaged in the merchant wholesale distribution of petroleum and petroleum products, including liquefied petroleum gas.Source: U.S. Census Bureau
Petroleum and Petroleum Products Merchant Wholesalers Market Size
This report includes historical and forecasted market sizes and industry trends for Petroleum and Petroleum Products Merchant Wholesalers. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Petroleum and Petroleum Products Merchant Wholesalers industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Petroleum and Petroleum Products Merchant Wholesalers industry.
Geographic Breakdown by U.S. State
Petroleum and Petroleum Products Merchant Wholesalers market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Petroleum and Petroleum Products Merchant Wholesalers companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Petroleum and Petroleum Products Merchant Wholesalers |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Petroleum and Petroleum Products Merchant Wholesalers company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| Operating Revenue | ||
| Cost of Goods Sold (COGS) | ||
| Gross Profit | ||
| Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| Earnings Before Interest and Taxes (EBIT) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Petroleum and Petroleum Products Merchant Wholesalers industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|---|---|---|
| Industry total | Included |
|
| Refined petroleum products | ||
| Motor gasoline | ||
| No. 2 distillate fuel oil | ||
| Crude oil | ||
| Residual fuel oil | ||
| Lubricating oil and greases | ||
| Liquefied petroleum (lp) | ||
| Jet fuel, naphtha or kerosene | ||
| All other distillate fuel oil | ||
Compensation and Salary Surveys
Salary information for employees working in the Petroleum and Petroleum Products Merchant Wholesalers industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 7% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Sales and Related Occupations | 20% | |||
| Sales Representatives, Wholesale and Manufacturing | 16% | |||
| Sales Representatives, Wholesale and Manufacturing | 16% | |||
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | 14% | |||
| Office and Administrative Support Occupations | 22% | |||
| Material Recording, Scheduling, Dispatching, and Distributing Workers | 9% | |||
| Stock Clerks and Order Fillers | 5% | |||
| Stock Clerks and Order Fillers | 5% | |||
| Production Occupations | 6% | |||
| Transportation and Material Moving Occupations | 30% | |||
| Motor Vehicle Operators | 15% | |||
| Driver/Sales Workers and Truck Drivers | 15% | |||
| Heavy and Tractor-Trailer Truck Drivers | 7% | |||
| Material Moving Workers | 14% | |||
| Laborers and Material Movers, Hand | 11% | |||
| Laborers and Freight, Stock, and Material Movers, Hand | 9% | |||
Government Contracts
The federal government spent an annual total of $61,641,456 on the Petroleum and Petroleum Products Merchant Wholesalers industry. It has awarded 2,182 contracts to 349 companies, with an average value of $176,623 per company.Top Companies in Petroleum and Petroleum Products Merchant Wholesalers and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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