MSC Industrial Direct Company Inc (MSM)

Gross profit margin

Mar 2, 2024 Dec 2, 2023 Sep 2, 2023 Jun 3, 2023 Mar 4, 2023 Dec 3, 2022 Sep 3, 2022 May 28, 2022 Feb 26, 2022 Nov 27, 2021 Aug 28, 2021 May 29, 2021 Feb 27, 2021 Nov 28, 2020 Aug 29, 2020 May 30, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 Jun 1, 2019
Gross profit (ttm) US$ in thousands 1,630,199 1,638,283 1,642,965 1,651,659 1,633,871 1,603,451 1,558,248 1,478,995 1,434,317 1,362,793 1,333,515 1,295,652 1,283,143 1,319,444 1,343,322 1,385,799 1,400,492 1,421,254 1,432,043 1,438,122
Revenue (ttm) US$ in thousands 3,966,848 3,994,127 3,996,173 3,986,703 3,886,545 3,789,774 3,683,892 3,484,972 3,393,268 3,304,778 3,228,315 3,148,997 3,115,920 3,128,104 3,180,142 3,275,080 3,312,105 3,352,510 3,363,817 3,359,132
Gross profit margin 41.10% 41.02% 41.11% 41.43% 42.04% 42.31% 42.30% 42.44% 42.27% 41.24% 41.31% 41.14% 41.18% 42.18% 42.24% 42.31% 42.28% 42.39% 42.57% 42.81%

March 2, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,630,199K ÷ $3,966,848K
= 41.10%

The gross profit margin of MSC Industrial Direct Company Inc has shown stability over the periods analyzed, ranging from 41.02% to 42.81%. The company's ability to maintain a gross profit margin above 40% indicates efficient cost management and pricing strategies. The slight fluctuations observed may be attributed to various factors such as changes in sales mix, cost of goods sold, or pricing competition within the industry. The higher gross profit margins seen in certain periods could potentially reflect improved pricing power or operational efficiencies. Overall, the consistent performance of MSC Industrial Direct in maintaining healthy gross profit margins demonstrates a strong foundation for generating profits from its core operations.


Peer comparison

Mar 2, 2024

Company name
Symbol
Gross profit margin
MSC Industrial Direct Company Inc
MSM
41.10%
DXP Enterprises Inc
DXPE
31.10%