Msc Industrial Direct (MSM) Tax Rate (2009 - 2026)
Msc Industrial Direct (MSM) posted quarterly Tax Rate of 24.5% for Q2 2026, up 20.0% year-over-year from 20.42% in Q2 2025, and down 0.98% quarter-over-quarter from 24.74% in Q1 2026.
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Analysis
Msc Industrial Direct (MSM) Tax Rate (2009 - 2026) Analysis & Trends
Msc Industrial Direct's Tax Rate history runs 18 years deep, the most recent figure standing at 24.5% for Q2 2026.
- In Q2 2026, Tax Rate rose 20.0% year-over-year to 24.5%; the TTM figure through May 2026 stood at 24.95% (down 82.0% YoY), while the FY2025 annual figure was 24.94%, down 38.0% from the prior year.
- Tax Rate for Q2 2026 stood at 24.5%, down from 24.74% in the prior quarter.
- The five-year high for Tax Rate was 29.14% in Q3 2024, with the low at 23.0% in Q1 2024.
- The 5-year median for Tax Rate is 24.65% (2022), against an average of 24.9%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 470 bps in 2024, then plunged 286 bps in 2025.
- Msc Industrial Direct's Tax Rate stood at 24.7% in 2022, then fell by 2 bps to 24.3% in 2023, then rose by 1 bps to 24.6% in 2024, then fell by 1 bps to 24.3% in 2025, then grew by 1 bps to 24.5% in 2026.
- Business Quant data shows MSM's Tax Rate at 24.5% in Q2 2026, 24.74% in Q1 2026, and 24.3% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 61.06 Bn | 60.47 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 55.28 Bn | 55.08 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 42.98 Bn | 42.16 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 16.34 Bn | 15.53 Bn | 1.46 Bn | 22.94% |
| 5 | Applied Industrial Technologies | 11.83 Bn | 11.70 Bn | 411.22 Mn | 24.84% |
| 6 | Watsco | 11.82 Bn | 11.36 Bn | 578.93 Mn | 20.91% |
| 7 | Core & Main | 8.30 Bn | 8.15 Bn | 520.00 Mn | 24.67% |
| 8 | Pool | 6.55 Bn | 6.52 Bn | 540.76 Mn | 25.79% |
| 9 | Msc Industrial Direct | 6.54 Bn | 6.46 Bn | 430.41 Mn | 24.50% |
| 10 | Xometry | 5.00 Bn | 4.48 Bn | 87.15 Mn | -7.14% |
Historic Data
Download Data
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% |