MSC Industrial Direct Company Inc (MSM)
Net profit margin
| Sep 2, 2023 | Sep 3, 2022 | Aug 28, 2021 | Aug 29, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 343,233 | 339,786 | 216,907 | 251,117 | 288,865 |
| Revenue | US$ in thousands | 3,986,180 | 3,683,500 | 3,228,150 | 3,174,920 | 3,363,820 |
| Net profit margin | 8.61% | 9.22% | 6.72% | 7.91% | 8.59% |
September 2, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $343,233K ÷ $3,986,180K
= 8.61%
The net profit margin of MSC Industrial Direct Co., Inc. has exhibited fluctuating trends over the past five years. In the most recent fiscal year ending September 2, 2023, the net profit margin stood at 8.56%, representing a slight decrease from the previous year's figure of 9.20%. This decline indicates that the company's profitability, relative to its revenue, has diminished. In the fiscal year ending August 28, 2021, the net profit margin was 6.69%, showing a significant increase compared to the prior year's 7.87%, suggesting improved profitability. However, this positive trend was not sustained, as the net profit margin rebounded to 8.58% in the fiscal year ending August 31, 2019. Overall, the company's net profit margin has experienced variability, reflecting fluctuations in its ability to convert revenue into profit.
Peer comparison
Sep 2, 2023