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MSC Industrial Direct Co Inc (MSM) stock

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NYSE: MSM NYSE Trading Companies & Distributors Next results ~January 6, 2027

B Fundamentals grade

MSC Industrial Direct Co Inc is a US-listed company in the trading companies & distributors industry. Its financial year ends in August.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$83

Cash-flow model

Base case. Range ~$60–$110 across our lower- and higher-growth cases (-1.8%–8.2% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 31% below it.

Price used: $119.62, November 2, 2026

MSC Industrial Direct Co Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 1 selling9 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds256 adding, 181 cuttingOf 57 active managers that changed their stake, 26 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter MSC Industrial Direct files

10-K filed October 22: MSC Industrial Direct Co

Model value +1.8%

Revenue for the twelve months to August 2026 reached $4.01bn, up 6.4% on a year earlier and faster than the 4.4% recorded a quarter earlier. Free cash flow held steady at 5.6% of sales. Our model value edges up from $80.54 to $82.02 a share, still well below the $112 share price. The rating stays Sell. At $112, the market is effectively pricing in cash flow growth of about 9.1% a year over the next five years. That sits well ahead of the 4.3% annual revenue growth the business has actually delivered, leaving the valuation leaning on expansion the record does not yet support.

Source: 10-K filed October 22, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where MSC Industrial Direct Co stands after its latest 10-Q

Revenue for the twelve months to May 2026 was $3.91bn, up 4.4% on a year earlier, faster than 2.2% a quarter earlier. Free-cash-flow margin fell to 5.6% from 7.0% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 3 of our 3 financial-health checks. Our cash-flow model value is $75.30 a share, against a share price of $130. At that price, our model says the market is pricing in about 11.4% a year of cash-flow growth for five years, faster than the 3.8% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 6, 2027 (estimated)

MSC Industrial Direct Co Inc's trailing-twelve-month revenue grew 6.4% year on year, with a free-cash-flow margin of 5.6%. Where it stands out: gross margin of 40.9% ranks 3 of 26 trading companies & distributors companies we cover.

Our discounted-cash-flow model values the business at ~$83 per share in the base case (~$60–$110 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Net income rising while operating cash flow falls: TTM net income grew 11.7% while operating cash flow fell 8.2% — earnings and cash are telling different stories.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 5.4% over 90 days.

Things to watch

  • Priced above our value. The share price of $119.62 is 31% above our value per share of $83.

Latest results: FY2026 Q4

Filed October 22, 2026
Earnings per share
$1.45 against an average estimate of $1.41: beat by 3.1%
Revenue
$1.08bn, up 10.3% on a year earlier
Share reaction
-14.3% in the first session after the results on October 22, 2026, against -1.7% for the S&P 500
Guidance given
ADS Growth (YoY) growth 9.5% to 10.5% (First Quarter Fiscal 2027); adjusted Operating Margin 9.5% to 10.1% (First Quarter Fiscal 2027)
Next report
January 6, 2027; average EPS estimate $1.28

MSC Industrial Direct's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.2%
  • 1 week+0.8%
  • 1 month-8.1%
  • This year+46.2%
  • 1 year+46.2%
  • 5 years+70.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4B
Operating margin
8.0%
Net margin
5.6%
EPS (TTM, diluted)
$3.98

Growth

Revenue growth
+6.4%
Change in growth rate
+2.0 pts
Share count change
+0.2%

Cash

Free cash flow (TTM)
$225M
FCF margin
5.6%
Stock pay % of revenue
0.5%

Earnings

Last results
October 22, 2026
Next results (est.)
January 6, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Our research
  2. Insider trade
  3. Our research
  4. Results
  5. Guidance
  6. Announcement
  7. Leadership
  8. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

MSC Industrial Direct Co Inc valuation models and calculator

What the price is pricing in

The share price implies about 10.3% a year of cash-flow growth for five years.That is faster than the 4.3% a year revenue growth MSC Industrial Direct has delivered.

  • Priced in10.3%
  • Last 12 months6.4%
  • 3 years a year0.0%
  • 5 years a year4.3%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($121.35, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$83
Price used
$121.35close November 3, 2026
Implied change
▼ 32%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of MSC Industrial Direct Co Inc's free cash flow after stock-based pay with after-tax interest added back ($271M, FY2026 Q4 TTM), growing 6.5% and 4.1% in the next two years (forecasts, guidance and its record), then back to 3.2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$60–~$110 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of MSC Industrial Direct Co Inc's free cash flow after stock-based pay ( $271M, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value MSC Industrial Direct Co Inc as an operating company, with every model that fits that kind of business. Cost of equity 9.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.96 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$83 ~$60–$110 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$120 ~$110–$150 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$56 ~$44–$72 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$69 ~$59–$82 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$82 ~$56–$120 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare MSC Industrial Direct Co Inc with Trading Companies & Distributors in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −27%
  • Revenue growth 5 points higher ▲ +35%
  • Free-cash-flow margin 1 point lower ▼ −18%
  • Last year's free-cash-flow margin change, if it persists ▼ −12%
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $62$87$120$164$220$294
8.5% $46$64$88$119$159$211
10% $36$50$68$92$123$162

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$46.89$44.69$56.66$46.34$51.07$70.63$67.47$90.61$76.02$86.94$119.20
Market value$2.9bn$2.5bn$3.2bn$2.6bn$2.8bn$4.0bn$3.8bn$5.1bn$4.3bn$4.9bn$6.7bn
+ Net debt (− = net cash)$821m$519m$489m$410m$494m$746m$751m$404m$479m$429m$412m
Enterprise value$3.7bn$3.1bn$3.7bn$3.0bn$3.3bn$4.7bn$4.5bn$5.5bn$4.8bn$5.3bn$7.1bn
Multiples
Price / sales 1.0x0.9x1.0x0.8x0.9x1.2x1.0x1.3x1.1x1.3x1.7x
Price / earnings 12.4x11.0x9.8x8.9x11.3x18.3x11.1x14.8x16.6x24.4x30.0x
Price / free cash flow 9.1x12.7x10.9x9.3x8.1x23.2x20.5x8.4x13.8x20.2x29.6x
EV / EBITDA 8.2x6.9x7.7x6.4x7.9x12.7x8.4x9.8x10.1x13.5x16.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

70 /100

Strong moat

How hard MSC Industrial Direct's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 18 / 20

    Net income has been a median 10.8% of total assets over 10 years.

  • Pricing power 15 / 20

    Gross margin has been a median 41.6%, moving by 1.2 percentage points (standard deviation) across 10 years.

  • Durability 13 / 20

    Operating margin has been a median 11.4%; its worst year was 8.0%.

  • Cash conversion 14 / 20

    Free cash flow was positive in 10 of 10 years, at a median 7.5% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 0.2% over five years; stock-based pay has been a median 0.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (75 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 6, 2027, before the open. Analysts expect revenue of $1.1bn and EPS of $1.28 (range $1.25 to $1.35) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $5.60 +19% $4.3bn +8%
Next $6.56 +17% $4.6bn +6%

Next year's EPS estimate has moved +5.4% in 90 days, across 11 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +2.8% on 90 days ago. In the last 30 days, 7 analysts raised MSC Industrial Direct Co Inc's forecast and 0 cut it.

Consensus EPS forecast MSC Industrial Direct Co Inc, last 90 days
$5.00 $5.50 $6.00 $6.50 $7.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $5.45 Current fiscal year, 60 days ago: $5.45 Current fiscal year, 30 days ago: $5.45 Current fiscal year, 7 days ago: $5.53 Current fiscal year, Now: $5.60 $5.60 Next fiscal year, 90 days ago: $6.23 Next fiscal year, 60 days ago: $6.23 Next fiscal year, 30 days ago: $6.23 Next fiscal year, 7 days ago: $6.39 Next fiscal year, Now: $6.56 $6.56

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $5.45$6.23
60 days ago $5.45$6.23
30 days ago $5.45$6.23
7 days ago $5.53$6.39
Now $5.60$6.56

Earnings against estimates

Quarter toEstimateActualSurprise
Aug 2026 $1.41 $1.45 +3.1%
May 2026 $1.27 $1.43 +12.6%
Feb 2026 $0.84 $0.82 −1.9%
Nov 2025 $0.95 $0.99 +4.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 22, 2026
  • Adjusted Operating Margin First Quarter Fiscal 2027 9.5% to 10.1% Non-GAAP
    “Adjusted Operating Margin 1 9.5% to 10.1%” source
  • Depreciation and amortization expense Full-Year Fiscal 2027 $100m to $105m
    “Depreciation and amortization expense of ~$100M-$105M” source
  • Interest and other expense Full-Year Fiscal 2027 $40m to $45m
    “Interest and other expense of ~$40M-$45M” source
  • Capital expenditures Full-Year Fiscal 2027 $90m to $100m
    “Capital expenditures of ~$90M-$100M” source
  • Free cash flow conversion Full-Year Fiscal 2027 80% to 90% Non-GAAP
    “Free cash flow conversion 1 of ~80%-90%” source
  • Effective tax rate Full-Year Fiscal 2027 24.5% to 25.5%
    “Effective tax rate of ~24.5%-25.5%” source
Show 1 more item
  • ADS Growth (YoY) First Quarter Fiscal 2027 9.5% growth to 10.5% growth
    “ADS Growth (YoY) 9.5% to 10.5%” source

How earlier guidance turned out

  • Capital expenditures, Full-Year Fiscal 2026 guided about $90m Below range: $81.344m

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows MSC Industrial Direct Co Inc's revenue by +6.5% next year and +4.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+8.0%, weight 68%) and the company's own record (+3.2%, weight 32%) . How the weights are set.

Analyst recommendations

11 analysts, Oct 2026
Buy655%
Hold436%
Sell19%

Monthly trend

  1. Oct 2026154111
  2. Sep 202636110
  3. Aug 202636110
  4. Jul 202636110

Counts of recommendations published by analysts covering MSC Industrial Direct Co Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.2%
of tradable shares
Days to cover
2.87
at average volume
Short interest, 1 month
−4%
to October 15, 2026
Held by institutions
86%
of shares
Held by insiders
26.8%
of shares
Employees
6,845
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +46.2%

$81.82 on October 31, 2025 to $119.62

ThenNowEffect
Revenue (last 12 months) $3.8bn $4.0bn +6.4%
Net margin 5.3% 5.6% +5.0%
P/E multiple 22.9x 30.1x +31.1%
Share count 56m 56m −0.2%

Biggest factor: p/e multiple.

Last 3 years +37.3%

$87.13 on November 3, 2023 to $119.62

ThenNowEffect
Revenue (last 12 months) $4.0bn $4.0bn 0.0%
Net margin 8.6% 5.6% −35.2%
P/E multiple 14.3x 30.1x +110.9%
Share count 56m 56m +0.4%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
MSM+3%+1%+29%−23%+17%+46%
Industry peers (median)+34%−13%+30%+0%+2%+12%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
MSM58%42%67%33%58%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
MSM−17%−17%−13%−27%−16%−15%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 48% from February 21, 2017 to March 23, 2020. Getting back needed a 93% gain, reached on November 24, 2020, 246 days after the low.

Price behaviour

52-week range
$78.90 – $132.82
From 52-week high
−9.9%
vs 50-day average
−2.9%
vs 200-day average
+9.8%
Volatility (1 year)
31%
Beta vs S&P 500
0.78

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±3.9%
After a week
5 up, 7 down
typical move ±3.4%
After a month
9 up, 2 down
typical move ±5.7%
Results releasedNext dayS&P 500 next day5 days21 days
October 22, 2026 −14.3% −1.7% −7.5% —
July 1, 2026 +3.2% −0.3% +2.2% +4.5%
April 1, 2026 −2.1% +0.8% +5.2% +12.3%
January 7, 2026 −1.2% −0.3% +0.7% +13.7%
October 23, 2025 +1.1% +1.4% −2.3% +2.2%
July 1, 2025 +5.4% +0.4% +7.7% +2.8%
April 3, 2025 −10.2% −10.5% −3.3% −1.4%
January 8, 2025 +0.1% −1.4% +2.9% +1.9%
October 24, 2024 −2.7% +0.2% −2.2% +6.7%
July 2, 2024 +0.4% +1.1% −1.7% +9.0%
March 28, 2024 −3.6% −0.2% −4.0% −5.7%
January 9, 2024 −1.9% +0.4% −1.1% +2.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How MSC Industrial Direct Co Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

MSC Industrial Direct Co Inc in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) MSC Industrial Direct Co Inc
$3.7B $3.8B $3.9B $4B $4.1B FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $4B Revenue (TTM), FY24 Q2: $4B Revenue (TTM), FY24 Q3: $3.9B Revenue (TTM), FY24 Q4: $3.8B Revenue (TTM), FY25 Q1: $3.8B Revenue (TTM), FY25 Q2: $3.8B Revenue (TTM), FY25 Q3: $3.7B Revenue (TTM), FY25 Q4: $3.8B Revenue (TTM), FY26 Q1: $3.8B Revenue (TTM), FY26 Q2: $3.8B Revenue (TTM), FY26 Q3: $3.9B Revenue (TTM), FY26 Q4: $4B $4B

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $4B
FY24 Q2 $4B
FY24 Q3 $3.9B
FY24 Q4 $3.8B
FY25 Q1 $3.8B
FY25 Q2 $3.8B
FY25 Q3 $3.7B
FY25 Q4 $3.8B
FY26 Q1 $3.8B
FY26 Q2 $3.8B
FY26 Q3 $3.9B
FY26 Q4 $4B
Revenue growth, TTM YoY MSC Industrial Direct Co Inc
-10% -5% 0% 5% 10% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: 5.4% Revenue growth, TTM YoY, FY24 Q2: 2.0% Revenue growth, TTM YoY, FY24 Q3: -2.3% Revenue growth, TTM YoY, FY24 Q4: -4.7% Revenue growth, TTM YoY, FY25 Q1: -5.2% Revenue growth, TTM YoY, FY25 Q2: -5.7% Revenue growth, TTM YoY, FY25 Q3: -4.1% Revenue growth, TTM YoY, FY25 Q4: -1.3% Revenue growth, TTM YoY, FY26 Q1: 0.3% Revenue growth, TTM YoY, FY26 Q2: 2.2% Revenue growth, TTM YoY, FY26 Q3: 4.4% Revenue growth, TTM YoY, FY26 Q4: 6.4% 6.4%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 5.4%
FY24 Q2 2.0%
FY24 Q3 -2.3%
FY24 Q4 -4.7%
FY25 Q1 -5.2%
FY25 Q2 -5.7%
FY25 Q3 -4.1%
FY25 Q4 -1.3%
FY26 Q1 0.3%
FY26 Q2 2.2%
FY26 Q3 4.4%
FY26 Q4 6.4%
Operating margin (TTM) MSC Industrial Direct Co Inc
7% 8% 9% 10% 11% 12% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: 11.7% Operating margin (TTM), FY24 Q2: 11.2% Operating margin (TTM), FY24 Q3: 10.7% Operating margin (TTM), FY24 Q4: 10.2% Operating margin (TTM), FY25 Q1: 9.5% Operating margin (TTM), FY25 Q2: 8.9% Operating margin (TTM), FY25 Q3: 8.2% Operating margin (TTM), FY25 Q4: 8.0% Operating margin (TTM), FY26 Q1: 8.0% Operating margin (TTM), FY26 Q2: 8.0% Operating margin (TTM), FY26 Q3: 8.5% Operating margin (TTM), FY26 Q4: 8.0% 8.0%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 11.7%
FY24 Q2 11.2%
FY24 Q3 10.7%
FY24 Q4 10.2%
FY25 Q1 9.5%
FY25 Q2 8.9%
FY25 Q3 8.2%
FY25 Q4 8.0%
FY26 Q1 8.0%
FY26 Q2 8.0%
FY26 Q3 8.5%
FY26 Q4 8.0%
FCF margin (TTM) MSC Industrial Direct Co Inc
0% 5% 10% 15% 20% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: 15.5% FCF margin (TTM), FY24 Q2: 8.7% FCF margin (TTM), FY24 Q3: 8.6% FCF margin (TTM), FY24 Q4: 8.1% FCF margin (TTM), FY25 Q1: 8.7% FCF margin (TTM), FY25 Q2: 8.0% FCF margin (TTM), FY25 Q3: 7.0% FCF margin (TTM), FY25 Q4: 6.4% FCF margin (TTM), FY26 Q1: 4.4% FCF margin (TTM), FY26 Q2: 5.6% FCF margin (TTM), FY26 Q3: 5.6% FCF margin (TTM), FY26 Q4: 5.6% 5.6%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 15.5%
FY24 Q2 8.7%
FY24 Q3 8.6%
FY24 Q4 8.1%
FY25 Q1 8.7%
FY25 Q2 8.0%
FY25 Q3 7.0%
FY25 Q4 6.4%
FY26 Q1 4.4%
FY26 Q2 5.6%
FY26 Q3 5.6%
FY26 Q4 5.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar MSC Industrial Direct took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $4B
  2. Cost of revenue $2.4B · 59.1%
  3. Gross profit $1.6B · 40.9%
  4. Other operating costs $1.3B · 32.9%
  5. Operating income $321M · 8.0%
  6. Income tax $72.1M · 1.8%
  7. Interest and other $25.8M · 0.6%
  8. Net income $223M · 5.6%

Shares of revenue. Source: MSC Industrial Direct's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Aug 2010 2011 Aug 2011 2012 Sept 2012 2013 Aug 2013 2014 Aug 2014 2015 Aug 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Aug 2019 2020 Aug 2020 2021 Aug 2021 2022 Sept 2022 2023 Sept 2023 2024 Aug 2024 2025 Aug 2025 2026 Aug 2026
Income
Revenue 1,692 2,022 2,356 2,458 2,787 2,910 2,864 2,888 3,204 3,364 3,192 3,243 3,692 4,009 3,821 3,770 4,010
Gross profit 767 941 1,078 1,119 1,286 1,317 1,289 1,286 1,393 1,432 1,343 1,334 1,558 1,643 1,573 1,536 1,639
EBITDA 268 379 447 435 448 449 448 442 484 465 420 371 539 559 471 392 422
Operating income 242 350 412 386 383 380 376 379 421 400 351 302 469 484 390 302 321
Net income 150 219 259 238 236 231 231 231 329 289 251 217 340 343 259 199 223
Diluted EPS $2.37 $3.43 $4.09 $3.75 $3.76 $3.74 $3.77 $4.05 $5.80 $5.20 $4.51 $3.87 $6.06 $6.11 $4.58 $3.57 $3.98
Growth (year on year)
Revenue +13.6% +19.5% +16.5% +4.3% +13.4% +4.4% −1.6% +0.8% +10.9% +5.0% −5.1% +1.6% +13.8% +8.6% −4.7% −1.3% +6.4%
EBITDA +15.6% +41.5% +17.9% −2.7% +3.0% +0.3% −0.3% −1.3% +9.4% −3.8% −9.8% −11.7% +45.5% +3.7% −15.7% −16.8% +7.6%
Operating income +18.1% +44.6% +17.9% −6.5% −0.6% −1.0% −0.9% +0.8% +11.0% −4.9% −12.3% −14.0% +55.3% +3.2% −19.3% −22.8% +6.3%
Net income +20.2% +45.5% +18.4% −8.1% −0.8% −2.0% −0.0% +0.1% +42.3% −12.3% −13.1% −13.6% +56.7% +1.0% −24.7% −22.9% +11.7%
Diluted EPS +19.1% +44.7% +19.2% −8.3% +0.3% −0.5% +0.8% +7.4% +43.2% −10.3% −13.3% −14.2% +56.6% +0.8% −25.0% −22.1% +11.5%
Margins
Gross margin 45.3% 46.5% 45.8% 45.5% 46.1% 45.2% 45.0% 44.5% 43.5% 42.6% 42.1% 41.1% 42.2% 41.0% 41.2% 40.8% 40.9%
EBITDA margin 15.8% 18.7% 19.0% 17.7% 16.1% 15.4% 15.6% 15.3% 15.1% 13.8% 13.2% 11.4% 14.6% 13.9% 12.3% 10.4% 10.5%
Operating margin 14.3% 17.3% 17.5% 15.7% 13.7% 13.0% 13.1% 13.1% 13.1% 11.9% 11.0% 9.3% 12.7% 12.1% 10.2% 8.0% 8.0%
Net margin 8.9% 10.8% 11.0% 9.7% 8.5% 7.9% 8.1% 8.0% 10.3% 8.6% 7.9% 6.7% 9.2% 8.6% 6.8% 5.3% 5.6%
Free-cash-flow margin 7.1% 9.1% 7.9% 9.6% 7.2% 6.8% 10.9% 6.9% 9.2% 8.2% 11.0% 5.3% 5.0% 15.1% 8.1% 6.4% 5.6%
Cash flow
Cash from operations 150 210 234 325 272 250 401 247 340 328 397 224 246 700 411 334 307
Capital spending 30 25 48 89 71 51 88 47 45 52 47 54 61 92 99 93 81
Free cash flow 120 184 187 236 202 198 313 200 295 277 350 171 185 607 311 241 225
Stock-based pay 14 15 15 16 17 14 14 14 15 16 17 18 19 19 19 13 19
Free cash flow after stock pay 106 170 171 220 185 184 299 186 280 260 333 153 166 588 292 228 206
Balance sheet
Cash 121 96 168 56 47 38 53 16 46 32 125 41 44 50 30 56 65
Total debt 79 0 3 256 362 615 874 535 535 442 619 786 795 454 509 486 477
Net debt (negative = net cash) −42 −96 −165 200 315 577 821 519 489 410 494 746 751 404 479 429 412
Diluted shares 63m 63m 63m 63m 62m 61m 61m 57m 57m 56m 56m 56m 56m 56m 56m 56m 56m
Returned to shareholders
Dividends 52 119 63 76 83 99 106 102 125 146 167 167 167 177 187 190 194
Buybacks 48 69 48 4 191 33 384 49 82 85 3 71 27 96 188 39 14
Total returned 100 189 111 80 274 132 490 151 208 230 170 239 195 272 375 229 208

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 7 checks passed · August 29, 2026
What it owns · $2.5bn
Short-term assets $1.3bnLonger-term assets $1.2bn
What it owes, and who funded it · $2.5bn
Short-term liabilities $740mLonger-term liabilities $343mShareholders' equity $1.4bn
  • Short-term assets cover short-term liabilities $1.3bn of assets due within a year against $740m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.3bn short-term assets against $343m of longer-dated liabilities.
  • More cash than debt $65m of cash against $476m of debt.
  • Debt below 40% of shareholders' equity Debt is 33% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 48% to 33% over five years.
  • A year's operating cash flow covers at least 20% of debt $306m of operating cash flow against $476m of debt.
  • Operating profit covers interest at least five times over Operating income of $321m against $22m of interest.

From MSC Industrial Direct Co Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$14M
Dividends (TTM)
$194M
Returned to shareholders
93%
of free cash flow
Buybacks, last 3 fiscal years
$241M
Diluted share count
+0.2%
year over year
Total shareholder yield
3.1%
dividends 2.9% + buybacks 0.2% of market value
Dividend payout ratio
87%
of net income paid out
Days sales outstanding
41 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in trading companies & distributors
Last 12 months unless stated MSM FTAI SITE HRI AIT BXC Median
Revenue, last 12 months $4.0bn $3.4bn $4.8bn $4.9bn $5.1bn $3.0bn $2.2bn
Revenue growth, last 12 months 6.4% 46.0% 2.9% 19.4% 8.5% 2.1% 8.4%
Revenue growth, 3-year average 0.0% 44.6% 4.4% 14.9% 4.4% −5.1% 5.1%
Revenue growth, latest quarter 10.3% 46.6% 2.6% 4.6% 7.6% 4.4% 9.0%
Gross margin 40.9% 37.1% 35.3% — 30.4% 15.8% 28.3%
Operating margin 8.0% — 5.5% — 11.2% 1.2% 5.5%
Operating margin, 3-year average 8.7% — 5.0% — 11.0% 2.4% 6.4%
Net margin 5.6% 15.0% 3.5% 2.5% 8.4% −0.1% 3.5%
Cash from operations / revenue 7.6% −15.0% 6.7% 25.8% 8.9% 2.5% 4.9%
Free-cash-flow margin 5.6% −17.2% 5.2% 22.9% 8.3% 1.9% 2.4%
Free-cash-flow margin, 3-year average 6.7% −11.5% 4.9% 25.1% 9.1% 1.8% 3.1%
Stock pay / revenue 0.5% 0.8% 0.6% 0.6% 0.1% 0.4% 0.5%
Change in share count 0.2% 1.6% −1.9% 11.4% −2.8% −4.6% −0.5%

Median of all 32 companies we cover in trading companies & distributors. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

32 trading companies & distributors companies
Measure Company Peer median Rank
Revenue growth Growth 6.4% 8.5% 20 of 32
Change in growth rate Growth +2.0pp +0.8pp 7 of 32
Gross margin Profitability 40.9% 28.9% 3 of 26
Operating margin Profitability 8.0% 5.5% 12 of 28
Net margin Profitability 5.6% 3.5% 12 of 32
Free-cash-flow margin Cash generation 5.6% 2.8% 11 of 32
Stock pay as % of revenue Cash generation 0.5% 0.5% 13 of 29
Long-term debt as % of assets Balance sheet 6.4% 21.4% 5 of 29
Change in share count Balance sheet 0.2% -0.8% 19 of 27
Days sales outstanding Balance sheet 41 days 57 days 8 of 27

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$5.5B
Institutions reporting
475
Shares held vs prior quarter
▼ 0.9%
Positions opened / closed
98 / 40

Top buyers and sellers, Q2 2026: 256 institutions bought and 181 sold ; the biggest buyer was Alyeska Investment Group, L.P (+420K shares) and the biggest seller American Century Companies Inc (−869K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $661M 5.6M 12.0% ▲ 2.4%
Vanguard Portfolio Management LLC $254M 2.1M 4.6% ▲ 0.3%
Vanguard Capital Management LLC $241M 2.0M 4.4% ▲ 1.2%
Fuller & Thaler Asset Management, Inc. $225M 1.9M 4.1% ▲ 5.7%
American Century Companies Inc $207M 1.7M 3.8% ▼ 33.3%
Boston Partners $204M 1.7M 3.7% ▲ 3.2%
First Trust Advisors LP $199M 1.7M 3.6% ▼ 5.4%
Charles Schwab Investment Management Inc $182M 1.5M 3.3% ▲ 9.9%
State Street Corp $174M 1.5M 3.2% ▲ 3.7%
Dimensional Fund Advisors LP $148M 1.2M 2.7% ▼ 8.1%
Geode Capital Management, LLC $139M 1.2M 2.5% ▲ 5.5%
Epoch Investment Partners, Inc. $110M 927K 2.0% ▼ 5.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not MSC Industrial Direct Co Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $36M 9 trades by 3 insiders, last 12 months Insider sales History → $156,294 1 trade by 1 insider · 0% under pre-set plans
Net ▲ $35.8M net buying
Insider Date Trade Shares Price Value
Jacobson Mitchell Director October 23, 2026 Buy 54,387 $116.72 $6.3M
Jacobson Mitchell Director October 23, 2026 Buy 134,662 $116.00 $15.6M
Jacobson Mitchell Director October 23, 2026 Buy 60,951 $115.11 $7M
Slone Reuben E Director October 23, 2026 Buy 63 $116.52 $7,341
Slone Reuben E Director October 23, 2026 Buy 370 $115.64 $42,789
Seseri Rudina Director February 2, 2026 Sell 1,800 $86.83 $156,294
Jacobson Mitchell Director November 18, 2025 Buy 22,870 $84.96 $1.9M
Peller Philip Director November 13, 2025 Buy 6,666 $90.14 $600,873
Jacobson Mitchell Director November 3, 2025 Buy 21,954 $83.93 $1.8M
Jacobson Mitchell Director November 3, 2025 Buy 30,000 $84.79 $2.5M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 7 trades and filings

No trades in MSC Industrial Direct Co Inc disclosed in the last 12 months; 7 earlier trades on record.

  • Greg Gianforte(MT):Purchase, $250,001 - $500,000, traded January 9, 2020, filed February 7, 2020
  • Greg Gianforte(MT):Sale (partial), $250,001 - $500,000, traded December 9, 2019, filed December 31, 2019
  • Greg Gianforte(MT):Purchase, $250,001 - $500,000, traded October 11, 2019, filed November 27, 2019

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 6, 2027 estimated from the company's past filing pattern, not announced

  • October 22, 2026
  • July 1, 2026
  • April 1, 2026
  • January 7, 2026
  • October 23, 2025
  • July 1, 2025

Recent SEC filings

Data status

When each part of this page on MSC Industrial Direct Co Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

MSC Industrial Direct Co Inc in brief

What does MSC Industrial Direct Co Inc do?
MSC Industrial Direct Co Inc is a US-listed company in the trading companies & distributors industry. Its financial year ends in August.
What is MSC Industrial Direct Co Inc's stock ticker?
MSC Industrial Direct Co Inc trades under the ticker MSM on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is MSC Industrial Direct Co Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, MSC Industrial Direct Co Inc reported revenue of $4B, 6.4% higher than a year earlier, according to its SEC filings.
What is MSC Industrial Direct Co Inc's free cash flow?
MSC Industrial Direct Co Inc's free-cash-flow margin is 5.6% of revenue over the trailing twelve months, ranking 11 of the 32 trading companies & distributors companies we cover.
What is MSC Industrial Direct Co Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of MSC Industrial Direct Co Inc's free cash flow after stock-based pay gives ~$83 per share in the base case, and ~$60–$110 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are MSC Industrial Direct Co Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is MSC Industrial Direct Co Inc buying back stock, and does it pay a dividend?
MSC Industrial Direct Co Inc spent $14M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.2% over the year.
What is MSC Industrial Direct Co Inc's market cap?
On August 28, 2026, MSC Industrial Direct Co Inc's market capitalisation was about $6.7B, with a price-to-earnings ratio of 30.0 and net debt of $412M. Market figures come from third-party market data and may be delayed.
Does MSC Industrial Direct Co Inc pay a dividend?
Yes: MSC Industrial Direct Co Inc paid $194M in dividends over the trailing twelve months, a dividend yield of 2.90% and a payout ratio of 87.3%.
How much debt does MSC Industrial Direct Co Inc have?
MSC Industrial Direct Co Inc's debt-to-equity ratio is 33.4%, from its latest balance sheet (47.7% five years earlier). The financial health section below sets out its other solvency checks.
Who are MSC Industrial Direct Co Inc's competitors?
In our Trading Companies & Distributors peer group, the companies closest to MSC Industrial Direct Co Inc are FTAI Aviation Ltd., Siteone Landscape Supply, Inc., Herc Holdings Inc, Applied Industrial Technologies Inc and Bluelinx Holdings Inc. The side-by-side comparison below sets their revenue, margins and growth against MSC Industrial Direct Co Inc's.
Are insiders buying or selling MSC Industrial Direct Co Inc stock?
Over the last 12 months, MSC Industrial Direct Co Inc's directors and officers reported 9 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is MSC Industrial Direct Co Inc's next earnings date?
Around January 6, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — MSC Industrial Direct Co Inc announces its own schedule.