MSC Industrial Direct Company Inc (MSM)

Operating 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
Operating income (ttm) US$ in thousands 390,387 417,584 446,204 469,291 483,733 509,655 511,105 493,991 468,713 415,950 407,740 338,593 301,769 283,475 264,701 314,350 350,740 368,334 368,983 387,294
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
Operating profit margin 10.25% 10.79% 11.31% 11.82% 12.17% 12.78% 13.15% 13.03% 12.72% 11.94% 12.02% 10.25% 9.35% 9.00% 8.50% 10.05% 11.03% 11.25% 11.14% 11.55%

August 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $390,387K ÷ $3,808,258K
= 10.25%

The operating profit margin of MSC Industrial Direct Company Inc has shown fluctuations over the past several quarters. The margin ranged from a low of 8.50% in the first quarter of 2021 to a high of 13.15% in the first quarter of 2023. It generally trended upwards from May 2021 to March 2023, indicating improving operating efficiency and profitability. However, there was a slight dip in the margin in the most recent quarter, August 2024, at 10.25%.

Overall, MSC Industrial Direct Company Inc has maintained a relatively healthy operating profit margin, indicating effective cost management and revenue generation. It is important for the company to monitor these margins closely to ensure sustainable profitability and financial health in the long run.


Peer comparison

Aug 31, 2024

Company name
Symbol
Operating profit margin
MSC Industrial Direct Company Inc
MSM
10.25%
DXP Enterprises Inc
DXPE
8.54%