MSC Industrial Direct Company Inc (MSM)
Pretax margin
| Aug 31, 2024 | Sep 2, 2023 | Sep 3, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 345,386 | 456,282 | 450,436 | 287,349 | 333,609 |
| Revenue | US$ in thousands | 3,820,260 | 3,986,180 | 3,683,500 | 3,228,150 | 3,174,920 |
| Pretax margin | 9.04% | 11.45% | 12.23% | 8.90% | 10.51% |
August 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $345,386K ÷ $3,820,260K
= 9.04%
The pretax margin of MSC Industrial Direct Company Inc has fluctuated over the past five years, ranging from a low of 8.90% in 2021 to a high of 12.23% in 2022. The company's pretax margin for the most recent fiscal year ending on August 31, 2024, stood at 9.04%, reflecting a decrease compared to the previous year.
A pretax margin indicates the proportion of a company's revenue that translates into earnings before taxes. A higher pretax margin suggests greater efficiency in cost management and revenue generation. The downward trend in MSC Industrial Direct's pretax margin may raise concerns about its ability to control costs effectively or maintain profitability levels.
Further analysis and comparison with industry benchmarks and competitors' performance could provide additional insights into the company's financial performance and competitive position in the market.
Peer comparison
Aug 31, 2024