MSC Industrial Direct Company Inc (MSM)
Gross profit margin
| Aug 31, 2024 | Sep 2, 2023 | Sep 3, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,572,780 | 1,642,960 | 1,558,250 | 1,333,520 | 1,343,320 |
| Revenue | US$ in thousands | 3,820,260 | 3,986,180 | 3,683,500 | 3,228,150 | 3,174,920 |
| Gross profit margin | 41.17% | 41.22% | 42.30% | 41.31% | 42.31% |
August 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,572,780K ÷ $3,820,260K
= 41.17%
The gross profit margin of MSC Industrial Direct Company Inc has shown a slight fluctuation over the past five years, ranging from 41.17% to 42.31%. The company's ability to generate profits from its core operations has remained relatively stable, with the margins staying within a narrow range. Despite a marginal decrease in the most recent year compared to the prior years, overall, the gross profit margin has been consistent, indicating efficient cost management and pricing strategies. It is important for the company to continue monitoring and optimizing its cost structure to ensure sustainable profitability in the future.
Peer comparison
Aug 31, 2024