Here are the 10-K annual reports from MSC Industrial Direct Co., Inc. (MSM) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MSM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MSM filings page.
MSC Industrial Direct Co., Inc. reported fiscal 2026 net sales of $4,009.703 million, up 6.4% from fiscal 2025, and net income attributable to MSC Industrial of $222.589 million, up 11.7%. Gross profit was $1,639.3 million, with a 40.9% gross margin versus 40.8% a year earlier.
Net cash provided by operating activities was $306.5 million, compared with $333.7 million in fiscal 2025. MSC recorded $43.7 million in asset impairment and related charges, primarily attributable to its digital core implementation, and acquired the remaining noncontrolling interests in Wm. F. Hurst Co. LLC, MSC Industrial Supply, S. de R.L. de C.V., and MSC Import Export LLC. As of August 29, 2026, total borrowings outstanding were $476.9 million and cash was $65.0 million. A regular dividend of $0.89 per share was declared, payable November 25, 2026, to holders of record November 11, 2026; expected aggregate payments were $49.7 million.
MSC Industrial Direct (MSM) filed its annual report detailing a scale-driven, technical distributor focused on metalworking and MRO. The company serves customers across the U.S., Canada, Mexico and the U.K. through five customer fulfillment centers, nine regional inventory centers, 38 warehouses and five manufacturing locations. Its catalog spans approximately 2.5 million active SKUs and emphasizes value-added services such as inventory management (VMI/CMI, vending), in‑plant solutions and proprietary tools like Ap Op and MSC MillMax.
Digital commerce remains a core channel, with 63.8% of orders placed digitally during fiscal 2025. MSC highlights targeted growth in national accounts and the public sector, where public sector represented about 10% of total revenue in fiscal 2025. The company reported combined goodwill and other indefinite‑lived intangibles of $734.6 million as of August 30, 2025.
Key risks include competitive pricing pressure, supply chain disruptions, inflation and commodity volatility, tariffs and trade policy changes, operational interruptions, and evolving e‑commerce competition. Shares outstanding were 55,790,152 Class A shares as of October 2, 2025. MSC employed 7,284 associates as of August 30, 2025, reflecting its service-heavy model.