NAW Institute for Distribution Excellence
MDM Insights


NAW 4Q25 MarketPulse Report

$395.00

Download 4Q 2025 distributor survey results on revenue, pricing, demand and expectations across wholesale distribution markets.

FREE FOR NAW MEMBERS!

Description

Key Reader Takeaways:

  • Growth relies on pricing: 4Q25 revenue grew 2.5%, with 64% of that growth driven by pricing rather than sales volume.

  • Datacomm leads, building materials lag: The Datacomm sector surged 10.7% due to the data center boom, while Wallboard and Lumber saw declines.

  • Margins at risk: 2026 profit margins will be harder to maintain as distributors deplete the pre-tariff inventory they stockpiled last year.

  • 1Q26 acceleration: Distributors expect a stronger first quarter, projecting a 3.3% revenue increase.