Msc Industrial Direct (MSM) Operating Margin (2009 - 2026)
Msc Industrial Direct (MSM) recorded Operating Margin of 6.75% in fiscal Q4 2026 (quarter ended Aug 29, 2026), down 1.87 percentage points from 8.62% a year earlier and down 3.45 percentage points from the prior quarter.
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Analysis
Msc Industrial Direct (MSM) Operating Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Aug 29, 2026), Msc Industrial Direct reported Operating Margin of 7.99%, down 0.01 percentage points from FY2025.
- Annual Operating Margin has declined for four straight fiscal years, with a five-year change of -1.31 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Operating Margin came in at 8.00% in FY2025 (-2.22 pp), 10.22% in FY2024 (-1.85 pp), 12.07% in FY2023 (-0.63 pp) and 12.70% in FY2022 (+3.39 pp).
- The fiscal Q4 2026 figure is the lowest quarterly Operating Margin since fiscal Q2 2021.
- On a year-over-year basis, Operating Margin rose in three of the last eight quarters, with an average year-over-year change of -1.12 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 7.65 percentage points in fiscal Q2 2022, against a drop of 2.86 percentage points in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 10.19% (Q3 2026), 7.06% (Q2 2026) and 7.89% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 72.77 Bn | 71.89 Bn | 2.05 Bn | 28.80% |
| 2 | W.W. Grainger | 64.56 Bn | 62.15 Bn | 1.98 Bn | 16.07% |
| 3 | Fastenal | 60.02 Bn | 59.02 Bn | 1.10 Bn | 21.55% |
| 4 | Ferguson Enterprises | 46.98 Bn | 44.19 Bn | 2.32 Bn | 8.19% |
| 5 | Sunbelt Rentals Holdings | 34.25 Bn | 34.13 Bn | 1.25 Bn | 22.18% |
| 6 | Reliance | 22.80 Bn | 21.86 Bn | 1.45 Bn | 10.59% |
| 7 | Wesco International | 17.09 Bn | 14.14 Bn | 1.57 Bn | 6.24% |
| 8 | Watsco | 11.82 Bn | 11.82 Bn | 586.29 Mn | - |
| 9 | Applied Industrial Technologies | 11.16 Bn | 11.05 Bn | 392.21 Mn | 11.12% |
| 10 | Msc Industrial Direct | 6.79 Bn | 6.56 Bn | 438.58 Mn | 6.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 29, 2026 | 6.75% |
| May 30, 2026 | 10.19% |
| Feb 28, 2026 | 7.06% |
| Nov 29, 2025 | 7.89% |
| Aug 30, 2025 | 8.62% |
| May 31, 2025 | 8.52% |
| Mar 1, 2025 | 6.98% |
| Nov 30, 2024 | 7.78% |
| Aug 31, 2024 | 9.54% |
| Jun 1, 2024 | 10.90% |
| Mar 2, 2024 | 9.75% |
| Dec 2, 2023 | 10.65% |
| Sep 2, 2023 | 11.40% |
| Jun 3, 2023 | 12.84% |
| Mar 4, 2023 | 11.88% |
| Dec 3, 2022 | 12.11% |
| Sep 3, 2022 | 14.08% |
| May 28, 2022 | 14.27% |
| Feb 26, 2022 | 11.27% |
| Nov 27, 2021 | 10.69% |
API Access
Msc Industrial Direct Operating Margin 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-margin&ticker=MSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=MSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();