MSC Industrial Direct Company Inc (MSM)
Net profit margin
| Aug 31, 2024 | Sep 2, 2023 | Sep 3, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 258,594 | 343,233 | 339,786 | 216,907 | 251,117 |
| Revenue | US$ in thousands | 3,820,260 | 3,986,180 | 3,683,500 | 3,228,150 | 3,174,920 |
| Net profit margin | 6.77% | 8.61% | 9.22% | 6.72% | 7.91% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $258,594K ÷ $3,820,260K
= 6.77%
The net profit margin of MSC Industrial Direct Company Inc fluctuated over the past five years. In the latest fiscal year ending August 31, 2024, the net profit margin was 6.77%, showing a decrease from the previous year's margin of 8.61% recorded on September 2, 2023. The trend indicates a downward trajectory in profitability. Compared to the highest net profit margin of 9.22% on September 3, 2022, the current margin reflects a decline in the company's ability to convert revenue into profit. Further analysis is warranted to understand the factors contributing to this trend and to identify potential areas for improvement in operational efficiency and cost management.
Peer comparison
Aug 31, 2024