MSC Industrial Direct Company Inc (MSM)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 345,386 | 383,386 | 414,103 | 439,869 | 456,282 | 477,904 | 484,532 | 471,969 | 450,436 | 399,671 | 392,172 | 322,868 | 287,349 | 269,277 | 247,305 | 297,286 | 333,609 | 351,564 | 354,067 | 371,313 |
| 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 |
| Pretax margin | 9.07% | 9.91% | 10.50% | 11.08% | 11.48% | 11.99% | 12.47% | 12.45% | 12.23% | 11.47% | 11.56% | 9.77% | 8.90% | 8.55% | 7.94% | 9.50% | 10.49% | 10.73% | 10.69% | 11.08% |
August 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $345,386K ÷ $3,808,258K
= 9.07%
The pretax margin of MSC Industrial Direct Company Inc has shown some fluctuations over the past few quarters. The pretax margin represents the company's profitability before accounting for taxes, and it is calculated by dividing pretax income by total revenue.
The pretax margin ranged from a low of 7.94% in May 2021 to a high of 12.47% in March 2023. It generally exhibited a positive trend from the end of 2021 to the middle of 2023, reaching its peak in March 2023. However, there was a subsequent decline in the pretax margin in the later part of 2023 and into 2024.
The pretax margin experienced a slight recovery in the most recent quarter, reaching 9.07% in August 2024. Overall, the company has maintained a pretax margin above 7% throughout the periods presented, indicating a decent level of profitability.
It is important for investors and analysts to monitor the pretax margin over time to assess the company's efficiency in generating profits and managing expenses.
Peer comparison
Aug 31, 2024