MSMNYSEWholesale-Industrial Machinery & EquipmentFiscal year ends August 29
MSC INDUSTRIAL DIRECT CO INC
Financials through Q3 FY2026, quarter ended May 30, 2026Last filing: 10-Q on Jul 1, 2026
$128.25−2.13 (-1.63%)
Close on Oct 19, 2026
- Market cap
- $7.18B
- P/E (TTM)
- 31.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
40.8%−1.3 pts over 5 years
Operating margin
8.0%−3.0 pts over 5 years
Net margin
5.3%−2.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.3% | +0.7% | +3.4% | +2.6% | |
| Gross profit | -2.3% | -0.5% | +2.7% | +1.6% | |
| Operating income | -22.8% | -13.7% | -3.0% | -2.3% | |
| Net income | -22.9% | -16.3% | -4.5% | -1.5% | |
| EPS, diluted | -22.1% | -16.2% | -4.6% | -0.5% | |
| Free cash flow | -22.6% | +9.2% | -7.2% | +2.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 19.0% | 18.0% | 14.3% | |
| Return on assets | 11.1% | 10.7% | 8.1% | |
| Current ratio | 2.05 | 3.03 | 1.68 | |
| Debt to equity | 0.55 | 0.47 | 0.35 | |
| Net debt to EBITDA | 1.24× | 1.17× | 1.10× | |
| Interest coverage | 64.7× | 21.0× | 12.5× | |
| Inventory turnover | 3.3× | 3.4× | 3.5× | |
| Capex to revenue | 3.1% | 1.5% | 2.5% | |
| Diluted shares | 61M | 56M | 56M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Msc Industrial Direct generated $1.91B from operations and spent $821.27M on capital expenditure, dividends and share buybacks. 49% of that went back into the business.
Generated
$1.91B
Used
$821.27M
Capital expenditure$399.86M49%Dividends$00%Share buybacks$421.41M51%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.3%
×Asset turnover1.53×
×Equity multiplier1.77×
=Return on equity, FY202514.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.3% | 1.53× | 1.77× | 14.3% |
| FY2024 | 6.8% | 1.53× | 1.74× | 18.0% |
| FY2023 | 8.6% | 1.52× | 1.86× | 24.3% |
| FY2022 | 9.2% | 1.42× | 2.08× | 27.2% |
| FY2021 | 6.7% | 1.34× | 1.96× | 17.6% |
| FY2020 | 7.9% | 1.36× | 1.68× | 18.0% |
| FY2019 | 8.6% | 1.46× | 1.61× | 20.2% |
| FY2018 | 10.3% | 1.46× | 1.68× | 25.2% |
| FY2017 | 8.0% | 1.39× | 1.79× | 19.9% |
| FY2016 | 8.1% | 1.37× | 1.71× | 19.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$199.33M
- Cash generatingOperating cash flow above zero$333.72M
- Return on assets improvedROA up on the prior year10.2% → 8.1%
- Earnings backed by cashOperating cash flow above net income$333.72M vs $199.33M
- Less leverageLong-term debt to assets fell11.3% → 6.9%
- Better liquidityCurrent ratio rose1.96 → 1.68
- No dilutionShare count did not rise56M → 56M
- Gross margin improvedGross margin up on the prior year41.16% → 40.75%
- More efficientAsset turnover rose1.50 → 1.53