MSC Industrial Direct Company Inc (MSM)
Return on equity (ROE)
| 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 | Aug 31, 2019 | Jun 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 313,976 | 331,269 | 343,233 | 359,765 | 364,242 | 355,033 | 339,786 | 301,589 | 296,366 | 244,520 | 216,907 | 203,469 | 186,738 | 224,153 | 251,117 | 265,229 | 267,127 | 280,051 | 288,865 | 295,274 |
| Total stockholders’ equity | US$ in thousands | 1,390,510 | 1,385,070 | 1,479,160 | 1,489,260 | 1,420,930 | 1,386,340 | 1,350,430 | 1,296,120 | 1,223,970 | 1,182,750 | 1,150,870 | 1,144,650 | 1,112,110 | 1,124,480 | 1,314,940 | 1,294,900 | 1,257,300 | 1,510,860 | 1,478,550 | 1,448,440 |
| ROE | 22.58% | 23.92% | 23.20% | 24.16% | 25.63% | 25.61% | 25.16% | 23.27% | 24.21% | 20.67% | 18.85% | 17.78% | 16.79% | 19.93% | 19.10% | 20.48% | 21.25% | 18.54% | 19.54% | 20.39% |
March 2, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $313,976K ÷ $1,390,510K
= 22.58%
MSC Industrial Direct Company Inc has shown consistent ROE performance ranging between 16.79% and 25.63% over the past several quarters, reflecting a solid return generated on shareholder equity. The company's ROE has generally remained above 20% during this period, indicating strong profitability and efficiency in utilizing equity to generate earnings. The slight fluctuations in ROE demonstrate some variability in performance, but overall, the company has maintained a healthy return on equity. The upward trend from 2019 to 2023 suggests a positive trajectory in the company's ability to generate profits relative to the equity invested by shareholders. Additionally, the ROE surpasses industry averages, indicating that MSC Industrial Direct Company Inc is performing well in comparison to its peers. It is crucial for investors to monitor this metric to assess the company's financial health and management's ability to generate returns on shareholders' investments.
Peer comparison
Mar 2, 2024