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MSC Industrial Direct Company, Inc.

MSM Industrials Industrial Distribution

MSC Industrial Direct Company, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $4.0 billion, up 6.37% from fiscal 2025.

Revenue
+10.3%
EPS
−14.9%
Free cash flow
+8.93%
Total debt
−1.80%

Quarter to August 2026, against a year earlier

110.79 5.27 −4.54%
Market cap
$6.2B
P/E
27.8×
Fwd P/E
29.0×
Dividend yield
3.14%
F-score
8/9
Altman Z
6.22
Beneish M
−2.61
Dividend safety
50/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by segment Fiscal 2026

  • Reportable Segment

Every year since 2023 →

Insider Decisions last twelve months

Bought, $m 29.03
Sold, $m 0.16
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — 2 —
Sell — — 1 — — — — — — — — —
Insider Ownership 18.26%

Capital & Financial Ratios $m

Size
Market Cap 6,200.00
Revenue ttm 4,009.70
Net income ttm 219.91
Free cash flow ttm 226.21
Net debt Q 411.92
Valuation
P/E 27.77
Forward P/E 29.00
Price / sales 1.54
Forward P/S Powerpack
Price / FCF 27.34
Price / book 4.34
Financial health
Current ratio Q 1.78 (at or above 1.5: strong)
Debt / equity Q 0.33 (at or below 0.5: strong)
Interest coverage Q 13.66
Growth
Revenue growth Q +10.32% (above 0%: growing)
Operating income growth Q −13.66% (below 0%: shrinking)
EPS, this year +20.39% (at or above 15%: strong)
EPS, next year A +17.18% (at or above 15%: strong)
Revenue, next year A +5.93%
EPS, past 5 yrs +0.56%
EPS, next 5 yrs A +14.27%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.6×, against a ten-year median of 1.5×; over the ten years it ranged from 1.1× in 2020 to 2.1× in 2017.
P/E against its own 10 years 94.79%
10-year low 10-year high
P/S against its own 10 years 73.96%
10-year low 10-year high
P/B against its own 10 years 88.52%
10-year low 10-year high
EV/Sales against its own 10 years 71.43%
10-year low 10-year high
EV/FCF against its own 10 years 86.62%
10-year low 10-year high

Dividends raised 6 years running

Yield
3.14%
Annual rate
3.48
Payout ratio
87.4%
Growth, 2018–26
+4.99%/yr
  1. 2.37 ’18
  2. 2.76 ’19 +16
  3. 2.25 ’20 −18
  4. 3.00 ’21 +33
  5. 3.04 ’22 +1
  6. 3.20 ’23 +5
  7. 3.34 ’24 +4
  8. 3.42 ’25 +2
  9. 3.50 ’26 +2
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 50 30 56 65
Receivables 435 412 423 452
Inventory 727 644 644 689
Other — — — —
1,318 1,188 1,227 1,319
2023 2024 2025 2026
Payables 226 206 225 238
ST’ Debt 230 230 317 317
Other — — — —
649 605 729 740

Compound Annual Growth %

10y 5y 3y
Sales 3.42% 4.33% 0.00%
Cash Flow (2.65%) 6.43% (24.05%)
Earnings (0.38%) 0.52% (13.44%)
Book Value 2.64% 4.18% (1.52%)

Earnings Trends EPS, adjusted, against the consensus

Q4 FY26 Estimate 1.39 Actual 1.45

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q1 FY26 0.95 0.99 Beat by 0.04
Q2 FY26 0.84 0.82 Miss by 0.02
Q3 FY26 1.28 1.43 Beat by 0.15
Q4 FY26 1.39 1.45 Beat by 0.06
Q1 FY27 1.28 — Reports 6 January 2027

EPS $

Nov Feb May Aug Year
’26 — — — — —
’26 0.93 0.76 1.44 0.85 3.98
’25 0.83 0.70 1.02 1.01 3.57
’24 1.22 1.10 1.27 0.99 4.58
’23 1.45 1.41 1.69 1.56 6.11
’22 1.18 1.25 1.78 1.86 6.06
’21 0.69 0.32 1.68 1.18 3.87
Fiscal quarters ending in the months shown.

Revenue $m

Nov Feb May Aug Year
’26 — — — — —
’26 966 918 1,047 1,079 4,010
’25 928 892 971 978 3,770
’24 954 935 979 952 3,821
’23 958 962 1,054 1,035 4,009
’22 849 863 959 1,022 3,692
’21 772 774 866 831 3,243
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Nov Feb May Aug Year
’26 — — — — —
’26 29 94 102 81 307
’25 102 54 97 80 334
’24 81 79 144 107 411
’23 76 340 151 133 700
’22 58 0 78 111 246
’21 103 16 20 85 224
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Nov Feb May Aug Year
’26 — — — — —
’26 8 73 81 64 226
’25 82 25 106 59 271
’24 63 53 114 81 311
’23 51 325 127 104 607
’22 43 (16) 64 119 210
’21 95 4 3 69 171
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 11.8% a year for ten years. It grew −0.4% a year over the last ten.

Implied
11.8%
10 years, reported
−0.4%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to August

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 2,888 3,204 3,364 3,192 3,243 3,692 4,009 3,821 3,770 4,010 +3.7% 4,332 4,589 4,817 +6.3%
Gross margin, % 44.54 43.48 42.57 42.08 41.12 42.21 40.98 41.16 40.75 40.88 (3.7) pt
EBT 368 406 383 334 288 451 456 343 264 292 (2.5%)
EBT margin, % 12.74 12.68 11.39 10.47 8.89 12.22 11.38 8.97 6.99 7.28 (5.5) pt
Net income 231 329 289 252 218 340 343 256 198 220 (0.6%)
Per share, $
Per share, $ Revenue 51.03 56.85 60.89 57.55 58.19 66.19 71.70 67.92 67.58 71.83 +3.9%
Earnings 4.08 5.84 5.23 4.53 3.89 6.09 6.14 4.60 3.57 3.99 (0.2%)
Cash flow 4.36 6.03 5.94 7.15 4.03 4.41 12.51 7.30 5.98 5.49 +2.6%
Capex (0.82) (0.80) (0.94) (0.85) (0.96) (0.66) (1.65) (1.77) (1.12) (1.44) +6.4%
Free cash flow 3.54 5.23 5.01 6.30 3.06 3.76 10.86 5.53 4.86 4.05 +1.5%
Book value 21.65 24.62 26.86 23.81 20.85 24.42 26.69 24.91 25.04 25.54 +1.9%
Shares, m 57 56 55 55 56 56 56 56 56 56 (0.2%)
Valuation, ×
Valuation, × P/E 16.92 14.64 12.74 14.58 21.65 13.03 16.62 17.50 25.06 29.79 18.3
P/S 1.35 1.50 1.09 1.15 1.45 1.20 1.42 1.19 1.32 1.66 1.3
P/B 3.18 3.47 2.48 2.77 4.04 3.24 3.82 3.23 3.56 4.65 3.4
EV/Sales 1.45 1.62 1.22 1.30 1.69 1.40 1.52 1.31 1.43 1.76 1.5
EV/FCF 20.85 17.56 14.79 11.86 32.07 24.67 10.07 16.09 19.93 31.16 19.9
Cash, $m
Cash, $m Operating cash flow 247 340 328 397 224 246 700 411 334 307 +2.4%
Capex (47) (45) (52) (47) (54) (37) (92) (99) (63) (80) +6.2%
Free cash flow 200 295 277 350 171 210 607 311 271 226 +1.4%
Balance, $m
Balance, $m Working capital 448 657 753 829 752 818 668 583 497 579 +2.9%
Net debt 517 489 410 494 782 751 404 479 429 412 (2.5%)
Shareholders’ equity 1,225 1,387 1,484 1,321 1,162 1,362 1,493 1,401 1,397 1,426 +1.7%
Returns, %
Returns, % ROA 11.12 15.01 12.56 10.70 8.95 13.09 13.02 10.33 8.10 8.96 (2.2) pt
ROIC 13.60 14.01 13.20 12.08 9.70 13.86 15.94 12.98 10.32 10.90 (2.7) pt
ROE 19.92 25.20 20.12 17.91 17.48 26.92 24.05 17.87 14.25 15.77 (4.1) pt
People
People Employees 6,563 6,657 6,700 6,315 6,571 6,994 7,377 7,423 7,284 7,028 +0.8%
Revenue/emp, $m 0.44 0.48 0.50 0.51 0.49 0.53 0.54 0.51 0.52 0.57 +2.9%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Aug 2026 · latest quarter Aug 2026 · fundamentals updated 2 Nov 2026

Business profile

Updated

MSC Industrial Direct distributes industrial supplies and related services across North America. Its customers include machine shops, manufacturers of different sizes, large companies and public-sector organizations. Martina McIsaac is president and chief executive officer.

The company sells products used to make parts, maintain equipment and keep facilities operating. Its metalworking range includes cutting tools, abrasives, machining fluids and measuring instruments. Its maintenance, repair and operations products—often called MRO supplies—include hand and power tools, safety and janitorial supplies, plumbing products and electrical supplies. MSC also sells production fasteners and hardware.

Where the money comes from and where it goes Fiscal 2026

Fiscal 2026: revenue by segment, and margins
Reportable Segment 4,010 100.00%
Gross margin 40.88%
Operating margin 7.99%
Pre-tax margin 7.28%

Revenue by segment since 2023

MSC Industrial Direct Company, Inc. vs peers in Industrial Distribution (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WSO Watsco, Inc. $13.0B 27.0× 26.4× +7.42% (above 0%: growing) −11.50% (below 0%: shrinking) −8.87% (below 0%: shrinking) 26.41% 10.14% Compare
QXO QXO, Inc. $12.1B — (loss-making) — (loss-making) +70.30% (above 0%: growing) n/m −27.62% (below 0%: shrinking) 24.74% (1.29%) Compare
AIT Applied Industrial Technologies, Inc. $10.3B 24.7× 24.2× +7.64% (above 0%: growing) +12.65% (above 0%: growing) −34.44% (below 0%: shrinking) 30.38% 11.12% Compare
CNM Core & Main, Inc. $8.9B 19.3× 16.8× +2.48% (above 0%: growing) +8.45% (above 0%: growing) +83.33% (above 0%: growing) 26.71% 10.58% Compare
POOL Pool Corporation $7.7B 19.8× 18.9× +3.71% (above 0%: growing) 0.00% +52.83% (above 0%: growing) 28.99% 11.44% Compare
XMTR Xometry, Inc. $6.3B — (loss-making) — (loss-making) +39.69% (above 0%: growing) n/m −327.10% (below 0%: shrinking) 39.09% 0.02% Compare
MSM MSC Industrial Direct Company, Inc. $6.2B 27.8× 29.0× +10.32% (above 0%: growing) −14.85% (below 0%: shrinking) +8.93% (above 0%: growing) 40.64% 6.75%
SITE SiteOne Landscape Supply, Inc. $4.9B 29.6× 29.8× +2.61% (above 0%: growing) +10.89% (above 0%: growing) −7.95% (below 0%: shrinking) 35.51% 7.42% Compare
REZI Resideo Technologies, Inc. $3.0B 7.8× 13.6× +1.96% (above 0%: growing) n/m −33.89% (below 0%: shrinking) 30.04% 6.61% Compare
Median of peers $8.3B 22.3× 21.5× +5.57% +8.45% −18.24% 29.52% 8.78%

All 25 Industrial Distribution stocks →

From the latest earnings call

Updated

  • CEO Martina McIsaac said MSC is discontinuing its Digital Core program in favor of a modular, AI-first technology strategy, resulting in a noncash impairment.
  • CFO Rob Kuhns said pricing and volume drove fourth-quarter average daily sales growth, while contract pricing delays and volume decisions pressured gross margin.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 83.36%
Held by the ten largest 40.33%
Holder Shares Stake Change
BlackRock 5.56m 9.96% +127.85k
Vanguard 4.53m 8.12% +35.28k
FULLER & THALER ASSET MANAGEMENT, INC. 1.89m 3.38% +101.82k
American Century 1.74m 3.12% −869.01k
Boston Partners 1.71m 3.07% +53.89k
First Trust 1.67m 3.00% −96.56k
Charles Schwab 1.53m 2.74% +137.55k
State Street 1.46m 2.62% +52.86k
Dimensional Fund Advisors 1.25m 2.23% −109.33k
Geode Capital Management 1.17m 2.09% +60.92k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 11 December 2025

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 5.87m 4.97m 169.95
2024 4.44m 1.81m 148.70
2023 4.93m 8.19m 177.22
2022 6.45m 6.53m 132.02
2021 5.17m 7.91m 138.24

Ownership

Directors and executive officers, together 19.00%
Mitchell Jacobson 15.00%
BlackRock, Inc. 9.10%
The Vanguard Group, Inc. 8.40%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

MSC Industrial Direct Company, Inc. (MSM) Latest News

29 Oct

Impact 4 · · The Motley Fool

27 Oct

Impact 3 · · StockStory

26 Oct

Impact 3 · · Zacks
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23 Oct

Impact 4 · · Simply Wall St.
Impact 4 ·
Impact 4 · · StockStory
Impact 3 · · Simply Wall St.
Impact 3 · · The Fly

22 Oct

Impact 4 · · StockStory
Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby transcript
Impact 4 · · Zacks
Impact 4 · · ACCESS Newswire earnings
Impact 3 · · TIKR
Impact 3 · · Zacks
Impact 3 · · StockStory
Impact 3 · · Associated Press

20 Oct

Impact 3 · · Zacks

15 Oct

Impact 3 · · Zacks

12 Oct

Impact 3 · · StockStory

1 Oct

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2 Jul

Impact 4 ·
Impact 3 ·
Impact 3 · · Moby
Impact 3 ·

1 Jul

Impact 4 · · The Motley Fool transcript
Impact 3 ·
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MSM metrics, ten years each

stockrow.com/MSM · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com