Msc Industrial Direct (MSM) Operating Leases (2019 - 2026)
Msc Industrial Direct (MSM) recorded Operating Leases of $26.15 million in fiscal Q3 2026 (quarter ended May 30, 2026), down 18.9% from $32.24 million a year earlier but up 2.6% from the prior quarter.
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Analysis
Msc Industrial Direct (MSM) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025 (ended Aug 30, 2025), Msc Industrial Direct reported Operating Leases of $30.87 million, down 17.6% from FY2024.
- Annual Operating Leases has declined for three straight fiscal years, with a five-year compound annual growth rate of -2.1% (FY2020 to FY2025).
- Across earlier fiscal years, Operating Leases came in at $37.47 million in FY2024 (-18.4%), $45.92 million in FY2023 (-3.6%), $47.62 million in FY2022 (+30.7%) and $36.43 million in FY2021 (+6.0%).
- Quarterly Operating Leases has ranged from $25.49 million in fiscal Q2 2026 to $47.62 million in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Operating Leases has declined for 13 consecutive quarters, with an average decline of 19.1% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 67.8% in fiscal Q3 2022, against a decline of 25.4% in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $25.49 million (Q2 2026), $27.39 million (Q1 2026) and $30.87 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 66.45 Bn | 65.21 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 62.58 Bn | 60.18 Bn | 1.98 Bn |
| 3 | Fastenal | 59.02 Bn | 57.94 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 43.33 Bn | 40.54 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.82 Bn | 31.70 Bn | 1.25 Bn |
| 6 | Reliance | 20.64 Bn | 19.68 Bn | 1.30 Bn |
| 7 | Wesco International | 17.76 Bn | 15.08 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.45 Bn | 12.32 Bn | 411.22 Mn |
| 9 | Watsco | 11.13 Bn | 8.82 Bn | 578.93 Mn |
| 10 | Msc Industrial Direct | 7.38 Bn | 7.16 Bn | 430.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 30, 2026 | 26.15 Mn |
| Feb 28, 2026 | 25.49 Mn |
| Nov 29, 2025 | 27.39 Mn |
| Aug 30, 2025 | 30.87 Mn |
| May 31, 2025 | 32.24 Mn |
| Mar 1, 2025 | 30.74 Mn |
| Nov 30, 2024 | 34.65 Mn |
| Aug 31, 2024 | 37.47 Mn |
| Jun 1, 2024 | 39.53 Mn |
| Mar 2, 2024 | 41.23 Mn |
| Dec 2, 2023 | 41.41 Mn |
| Sep 2, 2023 | 45.92 Mn |
| Jun 3, 2023 | 42.90 Mn |
| Mar 4, 2023 | 46.58 Mn |
| Dec 3, 2022 | 45.69 Mn |
| Sep 3, 2022 | 47.62 Mn |
| May 28, 2022 | 43.65 Mn |
| Feb 26, 2022 | 39.41 Mn |
| Nov 27, 2021 | 40.45 Mn |
| Aug 28, 2021 | 36.43 Mn |
API Access
Msc Industrial Direct Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=MSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "MSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=MSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();