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Whitefield Distributors

Klamath Falls, OR · NAICS 423830 Industrial Machinery and Equipment Wholesalers

Tax year 2026
Prepared by Laura Patel
Medford, OR office
Section 1

Executive Summary

Whitefield Distributors generated $19,201,000 of revenue in 2026 with 41 employees, producing an EBITDA margin of 0.0% against a peer median of 1.7%. Compared with 197 similar businesses, performance is strongest in tax efficiency and warrants examination in leverage. Total benchmark variance across all categories is $9.36M.

Section 2

Company Snapshot

Revenue
$19.20M
Employees
41
Entity type
C Corporation
Years in business
32
Gross margin
25.3%
EBITDA margin
0.0%
Net margin
-3.4%
Effective tax rate
0.0%
Section 3

Peer Group Definition

197 businessesNAICS 423830 — Industrial Machinery and Equipment WholesalersORRevenue $9.6M–$30.7M20–58 employeesTax year 2026

Comparison sample size 197; NAICS 423830; revenue range $9.60M$30.70M; geographic filter OR. Data availability for this client: 66% coverage across tax return, financial statements, payroll and employee records.

Section 4

Financial Performance

Line item (% revenue)CompanyPeer medianTop 25%
Revenue100.0%100.0%100.0%
Cost of Goods Sold74.7%70.2%62.4%
Gross Profit25.3%29.8%37.6%
Payroll10.4%12.7%11.1%
Benefits1.9%1.8%1.6%
Occupancy2.7%2.4%2.2%
Marketing0.9%0.9%1.0%
Insurance0.9%0.9%0.8%
Professional Fees0.6%0.7%0.6%
Administrative & Other5.3%5.0%4.4%
EBITDA0.0%1.7%10.6%
Depreciation1.3%1.4%1.3%
Interest2.2%1.9%1.7%
Net Income-3.4%-1.5%6.0%
Section 5

Profitability and Operational Efficiency

Growth
59th
Profitability
43rd
Labor Efficiency
68th
Operating Efficiency
43rd
Liquidity
44th
Leverage
27th
Tax Efficiency
69th
Asset Efficiency
52nd
Section 6

Balance Sheet

Current Ratio
2.94
median 3.05
Quick Ratio
1.74
median 1.85
Debt / EBITDA
1037.86
median 14.26
Debt / Equity
1.92
median 1.11
Days Sales Outstanding
49.35
median 53.48
Asset Turnover
1.69
median 1.55
Section 7

Tax Overview

Federal tax
$0
State tax
$0
Effective rate
0.0%
Section 179
$260,921
Owner compensation
$537,695
Owner distributions
$0
Retirement
$97,504
Capital expenditures
$626,074
Section 8

Industry Trends

YearRevenueGrowthGrossEBITDAPayroll %
2022$16.72M+9.1%22.0%-2.8%11.7%
2023$17.06M+2.1%21.7%-3.0%11.6%
2024$17.65M+3.5%22.5%-2.3%11.8%
2025$18.29M+3.6%25.0%-0.2%12.2%
2026$19.20M+5.0%25.3%0.0%12.2%
Section 9

Opportunities for Discussion

  • Revenue per Employee. Revenue per employee of $468K compares with a peer median of $524K. Is productivity constrained by capacity, mix, or pricing?Benchmark variance $2.27M
  • Owner Compensation Structure. Owner compensation represents 2.8% of revenue compared with a 3.4% median for comparable entities. Should compensation strategy be reviewed with the tax team?Benchmark variance $122K
  • Leverage Profile. Debt to EBITDA of 1037.86x compares with a peer median of 14.26x. Does the capital structure match the asset base and cash cycle?Benchmark variance $5.86M
  • Gross Margin Variance. Gross margin of 25.3% compares with a peer median of 29.8%. Where are direct costs and pricing diverging from comparable businesses?Benchmark variance $852K
  • Working Capital Position. Current ratio of 2.94 compares with an industry median of 3.05. How much liquidity headroom does the business need through its cycle?Benchmark variance $256K
  • Payroll Efficiency. Total labor cost represents 12.2% of revenue against a peer median of 14.6%. Is the staffing model carrying capacity for growth, or absorbing margin?
  • Operating Expense Load. Operating expenses run 25.3% of revenue versus a peer median of 26.9%. Which expense categories account for the difference?
Section 10

Advisor Notes

Section 11

Methodology

Sorren Benchmark aggregates anonymized financial, tax, payroll and operational data across 60,000 businesses. Peer statistics report count, mean, median, 10th, 25th, 75th and 90th percentiles and standard deviation. Comparisons use normalized ratios rather than raw dollars. Statistics are released only where a cohort contains at least 10 businesses, and individual peer companies are never displayed. Benchmark variance expresses the mathematical difference between this company and its peer median; it is not a projection of savings, nor tax or investment advice.