424720 — Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Description
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)
Overview Facts
| NAICS Code | 424720 |
|---|---|
| Industry Title | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) |
| SBA Size Standard | 200 employees |
| IRS PBA Code | 424700 (rolled-up match) |
| Sectors Hierarchy | Sector 42 → 424 → 4247 |
| Source / Verified | US Census 2022 NAICS Manual / 2026-06-28 |
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 5172 - Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals (via SIC1987:5172→NAICS1997:42272→2002:424720→2007:424720→2012:424720→2017:424720→2022:424720)
Related Resources & Compliance Guides
Further regulatory reference links for NAICS code 424720:
- Sector 42 Directory Hub — List of related industries in the Wholesale Trade sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.
Related Industries in 4247
Frequently Asked Questions (FAQ)
Is 424720 a valid 2022 NAICS code?
NAICS 424720 is 'Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)', a 2022 U.S. national industry under Sector 42 (Wholesale Trade); the SBA small-business size standard is 200 employees.
What is the SBA size standard for NAICS 424720?
The SBA small business size standard for NAICS 424720 is 200 employees (based on employees).
What is the legacy SIC code mapping for 424720?
NAICS code 424720 maps to the legacy 1987 SIC codes: 5172 - Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals.