MSC Industrial Direct Company Inc (MSM)
Gross profit margin
| Aug 31, 2024 | Jun 1, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,572,783 | 1,601,709 | 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 |
| Revenue (ttm) | US$ in thousands | 3,808,258 | 3,869,118 | 3,944,228 | 3,971,507 | 3,973,553 | 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 |
| Gross profit margin | 41.30% | 41.40% | 41.33% | 41.25% | 41.35% | 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% |
August 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,572,783K ÷ $3,808,258K
= 41.30%
The gross profit margin of MSC Industrial Direct Company Inc has shown a relatively stable trend over the past few years, ranging between 41.14% and 42.44%. There was a slight decline in the margin from a high of 42.44% in May 28, 2022, to a low of 41.14% in May 29, 2021. However, the margin has generally remained above 41%, indicating that the company has been able to maintain healthy profitability from its core operations.
The highest gross profit margin of 42.44% was recorded on May 28, 2022, which suggests efficient cost management and effective pricing strategies during that period. On the other hand, the lowest gross profit margin of 41.14% on May 29, 2021, may indicate temporary challenges in cost control or pricing pressures that impacted profitability.
Overall, the consistency of the gross profit margin within the range of 41% to 42% reflects the company's ability to generate a reasonable level of profit from its sales after accounting for the cost of goods sold. Investors and stakeholders may view this stable trend positively as it demonstrates MSC Industrial Direct's ability to maintain profitability in a competitive market environment.
Peer comparison
Aug 31, 2024