Dnow vs MSC Industrial Direct Co
MSC Industrial Direct Co is the larger business, with $4.01bn of revenue in fiscal 2026 against $2.82bn for Dnow (1.4 times as much). Dnow grew faster (18.8% against 6.4%). MSC Industrial Direct Co kept more of each dollar of sales as profit: a net margin of 5.6% against -3.2%. Dnow carries less debt relative to equity (18.4% against 33.5%).
| Latest fiscal year | DnowDNOW, 2025 | MSC Industrial Direct CoMSM, 2026 |
|---|---|---|
| Revenue | $2.82bn | $4.01bn |
| Revenue growth | 18.8% | 6.4% |
| Net income | −$89.0m | $223m |
| Operating margin | -3.3% | 8.0% |
| Net margin | -3.2% | 5.6% |
| Return on equity | -5.3% | 15.8% |
| Free cash flow | $134m | $225m |
| Cash | $164m | $65.0m |
| Total debt | $411m | $477m |
| Debt to equity | 18.4% | 33.5% |
| Dividend per share | — | — |
| Dividend yield | — | 2.9% |
| Share buybacks | $37.0m | $14.0m |
| Employees | 5,300 | 7,028 |
| Market value | $2.94bn | $6.75bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 24 (Weak) | 70 (Strong) |
| Insider trades, 12 months | 0 buys, 7 sales | 9 buys, 1 sales |