NAICS 2022 · in 42472
424720
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Analysis
NAICS 424720 is the 2022 national industry for petroleum and petroleum products merchant wholesalers (except bulk stations and terminals), part of 42472 (Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)). Census lists 22 example activities under it in the official index.
County Business Patterns counts 2,466 US establishments in this code in 2023, employing 34,403 people at an average annual payroll of $127,083 per employee (93rd percentile of national industries). 50% of the establishments have fewer than five employees, which is close to the national mix.
Its index entries, the activities Census uses to assign businesses to this code, include alternative fuels, blended with petroleum, merchant…, asphalt binder merchant wholesalers (except bulk stations…, asphalt, liquid, merchant wholesalers (except bulk… and biodiesel, blended with petroleum, merchant wholesalers…, among 22 in all.
For example, merchant wholesale distribution of crude petroleum and petroleum products from bulk liquid storage facilities are classified in 424710 (Petroleum Bulk Stations and Terminals) instead.
Census lists 2 related activities that belong elsewhere, most often in 424710 and 488190. Businesses that do several things are classified by their primary activity, the one that generates the most value, so check those boundaries before settling on this code.
Official definition
This industry comprises establishments primarily engaged in the merchant wholesale distribution of petroleum and petroleum products (except from bulk liquid storage facilities).
Illustrative Examples:
Gasoline merchant wholesalers (except bulk stations, terminals) Lubricating oil and grease merchant wholesalers (except bulk stations, terminals) Bottled liquid petroleum gas merchant wholesalers Fuel oil merchant wholesalers (except bulk stations, terminals)
Source: US Census Bureau, NAICS 2022 Manual.
Not this code if…
Index entries (22)
- Alternative fuels, blended with petroleum, merchant wholesalers (except bulk stations, terminals)
- Asphalt binder merchant wholesalers (except bulk stations, terminals)
- Asphalt, liquid, merchant wholesalers (except bulk stations, terminals)
- Biodiesel, blended with petroleum, merchant wholesalers (except bulk stations, terminals)
- Biofuels, blended with petroleum, merchant wholesalers (except bulk stations, terminals)
- Butane gas merchant wholesalers (except bulk stations, terminals)
- Crude oil merchant wholesalers (except bulk stations, terminals)
- Diesel fuel merchant wholesalers (except bulk stations, terminals)
- Ethanol, blended with petroleum, merchant wholesalers (except bulk stations, terminals)
- Fuel oil merchant wholesalers (except bulk stations, terminals)
- Fuel oil truck jobbers
- Fuel, aircraft, merchant wholesalers (except bulk stations, terminals)
- Fueling aircraft (except on contract basis), merchant wholesalers
- Gasohol merchant wholesalers (except bulk stations, terminals)
- Gasoline merchant wholesalers (except bulk stations, terminals)
- Kerosene merchant wholesalers (except bulk stations, terminals)
- Liquefied petroleum gas (LPG) merchant wholesalers (except bulk stations, terminals)
- Lubricating oils and greases merchant wholesalers (except bulk stations, terminals)
- Oil, petroleum, merchant wholesalers (except bulk stations, terminals)
- Petroleum and petroleum products merchant wholesalers (except bulk stations, terminals)
- Petroleum coke merchant wholesalers
- Propane merchant wholesalers (except bulk stations, terminals)