Msc Industrial Direct (MSM) Tax Rate (2009 - 2026)
Msc Industrial Direct's Tax Rate was 24.50% in fiscal Q3 2026 (quarter ended May 30, 2026), up 0.20 percentage points from 24.30% a year earlier but down 0.24 percentage points from the prior quarter.
Msc Industrial Direct (MSM) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Msc Industrial Direct's Tax Rate was 24.95% through May 30, 2026, down 0.82 percentage points year-over-year; for FY2025 (ended Aug 30, 2025), it was 24.94%, down 0.38 percentage points from FY2024.
- Tax Rate shows a five-year change of +0.26 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Tax Rate was 25.32% in FY2024 (+0.54 pp), 24.78% in FY2023 (+0.26 pp), 24.53% in FY2022 (+0.10 pp) and 24.43% in FY2021 (-0.25 pp).
- Quarterly Tax Rate has moved between 23.00% (fiscal Q2 2024) and 29.14% (fiscal Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +0.36 percentage points.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q4 2024 (a gain of 4.70 percentage points); the worst was fiscal Q4 2025 (a drop of 2.86 percentage points).
- Per Business Quant data, MSM's Tax Rate in the three fiscal quarters before Q3 2026 was 24.74% (Q2 2026), 24.30% (Q1 2026) and 26.28% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.45 Bn | 65.21 Bn | 1.73 Bn | 25.22% |
| 2 | W.W. Grainger | 62.58 Bn | 60.18 Bn | 1.98 Bn | 24.81% |
| 3 | Fastenal | 59.02 Bn | 57.94 Bn | 1.06 Bn | 23.76% |
| 4 | Ferguson Enterprises | 43.33 Bn | 40.54 Bn | 2.32 Bn | 26.07% |
| 5 | Sunbelt Rentals Holdings | 31.82 Bn | 31.70 Bn | 1.25 Bn | 25.89% |
| 6 | Reliance | 20.64 Bn | 19.68 Bn | 1.30 Bn | 24.71% |
| 7 | Wesco International | 17.76 Bn | 15.08 Bn | 1.46 Bn | 22.94% |
| 8 | Applied Industrial Technologies | 12.45 Bn | 12.32 Bn | 411.22 Mn | 24.84% |
| 9 | Watsco | 11.13 Bn | 8.82 Bn | 578.93 Mn | 20.91% |
| 10 | Msc Industrial Direct | 7.38 Bn | 7.16 Bn | 430.41 Mn | 24.50% |
Historic Data
| Date | Value |
|---|---|
| May 30, 2026 | 24.50% |
| Feb 28, 2026 | 24.74% |
| Nov 29, 2025 | 24.30% |
| Aug 30, 2025 | 26.28% |
| May 31, 2025 | 24.30% |
| Mar 1, 2025 | 24.30% |
| Nov 30, 2024 | 24.60% |
| Aug 31, 2024 | 29.14% |
| Jun 1, 2024 | 25.20% |
| Mar 2, 2024 | 23.00% |
| Dec 2, 2023 | 24.30% |
| Sep 2, 2023 | 24.44% |
| Jun 3, 2023 | 24.73% |
| Mar 4, 2023 | 25.30% |
| Dec 3, 2022 | 24.70% |
| Sep 3, 2022 | 24.23% |
| May 28, 2022 | 25.10% |
| Feb 26, 2022 | 25.10% |
| Nov 27, 2021 | 23.50% |
| Aug 28, 2021 | 24.00% |
Msc Industrial Direct Tax Rate 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=tax-rate&ticker=MSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();