Msc Industrial (MSM) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Jul 1, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MSM SEC filings page.
Msc Industrial (MSM) reported $3.9B in revenue over the twelve months to May 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
MSC's dominant mechanic is a distribution model with stable gross economics but earnings sensitive to operating-cost absorption.
From FY2023 to FY2025, revenue contracted6.0% while gross margin was nearly flat, slipping from41.0% to40.8% ; operating margin fell from12.1% to8.0% . That gap indicates the downturn was absorbed mainly below gross profit, making operating-cost flexibility more important than product-level margin economics. Cash generation also normalized: operating cash flow fell from$700M to$334M while net income declined from$343M to$199M , so cash still exceeded reported profit but no longer benefited from FY2023's unusually large conversion.
The balance sheet became less debt-dependent, with debt-to-equity declining from 0.2x in FY2024 to 0.1x in FY2025, yet the current ratio narrowed from
Capital spending remained close to depreciation—
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Msc Industrial's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Msc Industrial has an operating margin of 8.0%, meaning the company retains $8 of operating profit per $100 of revenue. This strong profitability earns a score of 70/100, reflecting efficient cost management and pricing power. This is down from 10.2% the prior year.
Msc Industrial's revenue declined 1.3% year-over-year, from $3.8B to $3.8B. This contraction results in a growth score of 21/100.
Msc Industrial carries a low D/E ratio of 0.12, meaning only $0.12 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 70/100, indicating a strong balance sheet with room for future borrowing.
Msc Industrial's current ratio of 1.68 indicates adequate short-term liquidity, earning a score of 49/100. The company can meet its near-term obligations, though with limited headroom.
Msc Industrial has a free cash flow margin of 6.4%, earning a moderate score of 62/100. The company generates positive cash flow after capital investments, but with room for improvement.
Msc Industrial earns a strong 14.4% return on equity (ROE), meaning it generates $14 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 89/100. This is down from 18.6% the prior year.
Msc Industrial scores 6.09, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($6.5B) relative to total liabilities ($1.1B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Msc Industrial passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Msc Industrial generates $1.67 in operating cash flow ($333.7M OCF vs $199.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Msc Industrial earns $12.53 in operating income for every $1 of interest expense ($301.6M vs $24.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Msc Industrial generated $1.0B in revenue in Q3 2026. This represents an increase of 7.8% from the same quarter a year earlier. Against the prior quarter it is up 14.1%.
Msc Industrial's EBITDA was $132.1M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 25.2% from the same quarter a year earlier. Against the prior quarter it is up 46.7%.
Msc Industrial reported $80.4M in net income in Q3 2026. This represents an increase of 41.4% from the same quarter a year earlier. Against the prior quarter it is up 89.2%.
Msc Industrial earned $1.44 per diluted share (EPS) in Q3 2026. This represents an increase of 41.2% from the same quarter a year earlier. Against the prior quarter it is up 89.5%.
Cash & Balance Sheet
Msc Industrial generated $80.9M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 6.5% from the same quarter a year earlier. Against the prior quarter it is up 10.7%.
Msc Industrial held $74.1M in cash against $89.6M in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Msc Industrial's gross margin was 41.1% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.
Msc Industrial's operating margin was 10.2% in Q3 2026, reflecting core business profitability. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.1 percentage points.
Msc Industrial's net profit margin was 7.7% in Q3 2026, showing the share of revenue converted to profit. This is up 1.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.0 percentage points.
Msc Industrial's ROE was 5.7% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.
Capital Allocation
Msc Industrial spent $171K on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 98.0% from the same quarter a year earlier. Against the prior quarter it is down 77.6%.
Msc Industrial invested $20.8M in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 1.6% from the same quarter a year earlier. Against the prior quarter it is down 2.4%.
Not reported for Q3 2026.
MSM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B+7.8% | $917.8M | $965.7M+4.0% | $978.2M-0.1% | $971.1M+3.8% | $928.5M-10.3% | $979.4M-7.1% | $935.3M-2.7% |
| Cost of Revenue | $616.7M+7.5% | $540.2M | $573.0M+4.1% | $583.2M+0.7% | $573.4M+4.9% | $550.3M-10.7% | $578.9M-7.5% | $546.7M-3.2% |
| Gross Profit | $430.4M+8.2% | $377.6M | $392.7M+3.8% | $395.0M-1.4% | $397.7M+2.3% | $378.2M-9.9% | $400.4M-6.6% | $388.6M-2.0% |
| Operating Income | $106.7M+29.0% | $64.8M | $76.2M+5.5% | $84.3M-21.0% | $82.7M-9.3% | $72.3M-38.8% | $106.8M-21.1% | $91.2M-20.2% |
| EBITDA | $132.1M+25.2% | $90.1M | $101.3M+7.9% | $107.4M-15.2% | $105.6M-5.6% | $94.0M-31.4% | $126.7M-17.9% | $111.8M-15.9% |
| Interest Expense | $5.4M-10.7% | $5.6M | $5.4M-10.8% | $5.7M-16.7% | $6.0M-13.2% | $6.1M+31.2% | $6.9M+36.6% | $7.0M+16.7% |
| Income Tax | $25.5M+39.9% | $13.9M | $16.4M+10.0% | $20.0M-16.7% | $18.3M-0.7% | $14.9M-47.3% | $24.0M-23.2% | $18.4M-31.5% |
| Net Income | $80.4M+41.4% | $42.5M | $51.8M+11.1% | $56.5M-21.1% | $56.8M-8.1% | $46.6M-46.8% | $71.7M-24.7% | $61.8M-21.9% |
| EPS (Basic) | $1.44+41.2% | $0.76 | $0.93+12.0% | $1.01-21.1% | $1.02-7.3% | $0.83-47.1% | $1.28-24.7% | $1.10-22.5% |
| EPS (Diluted) | $1.44+41.2% | $0.76 | $0.93+12.0% | $1.02-19.7% | $1.02-7.3% | $0.83-46.5% | $1.27-24.9% | $1.10-22.0% |
| Diluted Shares (Avg) | 56M+0.4% | 56M | 56M-0.2% | N/A | 56M-1.2% | 56M | 56M+0.3% | 56M+0.8% |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
MSM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.5B+0.8% | $2.5B | $2.5B+0.5% | $2.5B-0.2% | $2.5B-1.0% | $2.5B-2.8% | $2.5B-2.3% | $2.5B-0.9% |
| Current Assets | $1.3B+3.2% | $1.2B | $1.3B+4.4% | $1.2B+1.1% | $1.2B-2.2% | $1.2B-8.4% | $1.2B-7.9% | $1.3B-3.8% |
| Cash & Equivalents | $74.1M+3.4% | $46.2M | $40.3M-29.7% | $56.2M+116.9% | $71.7M+222.5% | $57.3M+14.4% | $25.9M-55.6% | $22.2M-55.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $684.1M+5.4% | $677.4M | $660.5M+3.7% | $644.1M-3.2% | $649.4M-5.3% | $636.7M-12.4% | $665.6M-8.4% | $685.4M-8.3% |
| Accounts Receivable | $413.3M+0.7% | $373.6M | $430.7M+5.6% | $423.3M+0.8% | $410.6M-4.2% | $407.8M-6.3% | $419.8M-4.3% | $428.7M+3.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $724.1M+0.1% | $724.5M | $723.3M+0.1% | $723.7M+0.2% | $723.5M+0.2% | $722.6M+0.6% | $721.9M+0.5% | $722.1M+0.5% |
| Total Liabilities | $1.1B-2.2% | $1.1B | $1.1B+1.3% | $1.1B+1.1% | $1.1B+0.2% | $1.1B+3.7% | $1.1B+2.9% | $1.1B+0.7% |
| Current Liabilities | $824.7M+28.0% | $709.0M | $726.3M+16.0% | $729.3M+25.0% | $644.3M+2.2% | $626.3M-3.6% | $583.5M-14.6% | $630.4M-2.3% |
| Non-Current Liabilities | $251.5M-44.8% | $356.6M | $377.9M-18.5% | $336.2M-28.5% | $455.8M-2.5% | $463.8M+15.3% | $470.1M+38.0% | $467.5M+5.0% |
| Long-Term Debt | $89.6M-68.6% | $194.5M | $214.1M-26.1% | $168.6M-43.8% | $285.0M-3.2% | $289.9M+29.3% | $299.8M+72.3% | $294.5M+7.5% |
| Total Equity | $1.4B+3.8% | $1.4B | $1.4B+0.4% | $1.4B-1.0% | $1.4B-1.7% | $1.4B-7.0% | $1.4B-5.9% | $1.4B-2.1% |
| Retained Earnings | $451.4M+6.6% | $420.2M | $426.7M-3.8% | $432.6M-8.0% | $423.5M-8.7% | $443.3M-41.3% | $470.1M-39.5% | $463.9M-36.1% |
MSM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $101.7M+4.7% | $94.4M | $29.4M-71.1% | $80.3M-44.1% | $97.1M+23.3% | $101.9M-23.1% | $143.5M-4.7% | $78.7M-76.9% |
| Depreciation & Amortization | $25.4M+11.2% | $25.3M | $25.1M+15.8% | $23.1M+16.1% | $22.8M+10.9% | $21.7M+14.1% | $19.9M+5.4% | $20.6M+10.4% |
| Stock-Based Compensation | $5.1M+59.0% | $5.0M | $4.4M+22.9% | N/A | $3.2M-31.6% | $3.6M | $3.5M-25.7% | $4.7M-5.8% |
| Capital Expenditures | $20.8M-1.6% | $21.3M | $22.0M+9.1% | $21.7M-26.5% | $21.2M-16.6% | $20.2M-28.9% | $29.6M+25.6% | $25.4M+68.2% |
| Free Cash Flow | $80.9M+6.5% | $73.1M | $7.4M-90.9% | $58.5M-48.6% | $76.0M+42.3% | $81.7M-21.5% | $114.0M-10.3% | $53.4M-83.6% |
| Investing Cash Flow | -$20.8M-326.5% | -$21.3M | -$21.2M-3.8% | -$21.7M+26.5% | $9.2M+126.1% | -$20.4M+28.1% | -$29.6M-27.5% | -$35.2M+0.8% |
| Financing Cash Flow | -$52.9M+30.8% | -$67.4M | -$23.9M+55.1% | -$74.0M+32.9% | -$76.5M-62.5% | -$53.4M+52.5% | -$110.2M+7.2% | -$47.1M+83.3% |
| Share Buybacks | $171K-98.0% | $764K | $13.0M-28.3% | $179K-99.0% | $8.6M-48.3% | $18.1M-72.1% | $18.5M+28344.6% | $16.6M+33.4% |
Not reported in any period shown, so not listed: Dividends Paid.
MSM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.1%+0.2pp | 41.1% | 40.7%-0.1pp | 40.4%-0.5pp | 41.0%-0.6pp | 40.7%+0.2pp | 40.9%+0.2pp | 41.5%+0.3pp |
| Operating Margin | 10.2%+1.7pp | 7.1% | 7.9%+0.1pp | 8.6%-2.3pp | 8.5%-1.2pp | 7.8%-3.6pp | 10.9%-1.9pp | 9.8%-2.1pp |
| Net Margin | 7.7%+1.8pp | 4.6% | 5.4%+0.3pp | 5.8%-1.5pp | 5.9%-0.8pp | 5.0%-3.4pp | 7.3%-1.7pp | 6.6%-1.6pp |
| Return on Equity | 5.7%+1.5pp | 3.1% | 3.8%+0.4pp | 4.1%-1.1pp | 4.2%-0.3pp | 3.4%-2.5pp | 5.1%-1.3pp | 4.5%-1.1pp |
| Return on Assets | 3.2%+0.9pp | 1.7% | 2.1%+0.2pp | 2.3%-0.6pp | 2.3%-0.2pp | 1.9%-1.6pp | 2.9%-0.9pp | 2.5%-0.7pp |
| Current Ratio | 1.55-0.4x | 1.73 | 1.73-0.2x | 1.68-0.4x | 1.92-0.1x | 1.93-0.1x | 2.08+0.2x | 2.010.0x |
| Debt-to-Equity | 0.06-0.1x | 0.14 | 0.15-0.1x | 0.12-0.1x | 0.210.0x | 0.21+0.1x | 0.21+0.1x | 0.210.0x |
| Asset Turnover | 0.420.0x | 0.37 | 0.390.0x | 0.400.0x | 0.390.0x | 0.380.0x | 0.400.0x | 0.370.0x |
| FCF Margin | 7.7%-0.1pp | 8.0% | 0.8%-8.0pp | 6.0%-5.7pp | 7.8%+2.1pp | 8.8%-1.3pp | 11.6%-0.4pp | 5.7%-28.1pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Msc Industrial MSM | FY2025 | $3.8B | $199.3M | 5.3% | $6.5B | 60/100 |
| Resideo Technologies REZI | FY2025 | $7.5B | -$527.0M | -7.0% | $2.9B | 50/100 |
| Siteone Landscape Supply Inc SITE | FY2025 | $4.7B | $151.8M | 3.2% | $4.3B | 60/100 |
| Core & Main Inc CNM | FY2025 | $7.6B | $462.0M | 6.0% | $7.9B | 63/100 |
| Applied Indl Technologies Inc AIT | FY2026 | $5.0B | $414.5M | 8.3% | $11.7B | 72/100 |
| Wesco Intl WCC | FY2025 | $23.5B | $640.2M | 2.7% | $16.2B | 48/100 |
Where Msc Industrial Ranks
Frequently Asked Questions
What is Msc Industrial's annual revenue?
Msc Industrial (MSM) reported $3.8B in total revenue for fiscal year 2025. This represents a -1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Msc Industrial's revenue growing?
Msc Industrial (MSM) revenue declined by 1.3% year-over-year, from $3.8B to $3.8B in fiscal year 2025.
Is Msc Industrial profitable?
Yes, Msc Industrial (MSM) reported a net income of $199.3M in fiscal year 2025, with a net profit margin of 5.3%.
What is Msc Industrial's EBITDA?
Msc Industrial (MSM) had EBITDA of $392.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Msc Industrial have?
As of fiscal year 2025, Msc Industrial (MSM) had $56.2M in cash and equivalents against $168.6M in long-term debt.
What is Msc Industrial's gross margin?
Msc Industrial (MSM) had a gross margin of 40.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Msc Industrial's operating margin?
Msc Industrial (MSM) had an operating margin of 8.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Msc Industrial's net profit margin?
Msc Industrial (MSM) had a net profit margin of 5.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Msc Industrial's return on equity (ROE)?
Msc Industrial (MSM) has a return on equity of 14.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Msc Industrial's free cash flow?
Msc Industrial (MSM) generated $240.9M in free cash flow during fiscal year 2025. This represents a -22.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Msc Industrial's operating cash flow?
Msc Industrial (MSM) generated $333.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Msc Industrial's total assets?
Msc Industrial (MSM) had $2.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Msc Industrial's capital expenditures?
Msc Industrial (MSM) invested $92.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Msc Industrial's current ratio?
Msc Industrial (MSM) had a current ratio of 1.68 as of fiscal year 2025, which is generally considered healthy.
What is Msc Industrial's debt-to-equity ratio?
Msc Industrial (MSM) had a debt-to-equity ratio of 0.12 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Msc Industrial's return on assets (ROA)?
Msc Industrial (MSM) had a return on assets of 8.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Msc Industrial's P/E ratio?
Msc Industrial (MSM) trades at 28.1x earnings, its market capitalization divided by net income of $231.2M net income, trailing 12 months to May 30, 2026. The market capitalization is $6.5B as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Msc Industrial's price-to-sales ratio?
Msc Industrial (MSM) trades at 1.7x sales, its market capitalization divided by revenue of $3.9B revenue, trailing 12 months to May 30, 2026. The market capitalization is $6.5B as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Msc Industrial's Altman Z-Score?
Msc Industrial (MSM) has an Altman Z-Score of 6.09, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Msc Industrial's Piotroski F-Score?
Msc Industrial (MSM) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Msc Industrial's earnings high quality?
Msc Industrial (MSM) has an earnings quality ratio of 1.67x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Msc Industrial cover its interest payments?
Msc Industrial (MSM) has an interest coverage ratio of 12.53x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Msc Industrial?
Msc Industrial (MSM) scores 60 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.