MSC Industrial Direct
Supplying metalworking and MRO products through industrial-distribution channels.
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Profile
Supplies metalworking and MRO products and services through catalog, digital, fulfillment, and field-solutions channels. Acquisitions have expanded regional coverage and specialized industrial capabilities.
Distributes metalworking and MRO products and services across North America. Its offering pairs cutting tools, fasteners, MRO and assembly tools, and technical solutions with catalog, digital, fulfillment, and field-solutions channels for industrial customers. The business combines product distribution with integrated fulfillment and field services.
Roots in a 1941 cutting-tool business developed into a broader industrial-distribution model. Acquisitions have added regional coverage and specialized capabilities while retaining the metalworking-and-MRO focus. Acquired businesses include specialized distributors and technical assets. Most associates are U.S.-based, and a recent reclassification eliminated Class B common stock.
Company facts
Key statistics
Year to date +38.9% · Average volume (30d) 591.4K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 13, 2026 | Redburn Partners | Target | $155 | |||
| Jul 2, 2026 | DA Davidson | Reiterate | Buy | $150 | ||
| Jul 1, 2026 | Jefferies | Target | $85 | $130 | ||
| Jul 1, 2026 | KeyBanc | Reiterate | Overweight | $120 | $145 | |
| Jun 15, 2026 | Industrial Alliance Securities | Target | $95 | $145 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 1, 2026Q3 FY26 | $1.28 | $1.43 | +11.7% | $1.03B | $1.05B | +1.4% | −0.45% |
| Apr 1, 2026Q2 FY26 | $0.84 | $0.82 | −2.4% | $931.7M | $917.8M | −1.5% | −1.34% |
| Jan 7, 2026Q1 FY26 | $0.95 | $0.99 | +4.2% | $962.6M | $965.7M | +0.3% | +3.50% |
| Oct 23, 2025Q4 FY25 | $1.02 | $1.09 | +6.9% | $964.3M | $978.2M | +1.4% | −1.93% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $891.7M | $971.1M | $978.2M | $965.7M | $917.8M | $1.05B | |
| Gross profit | $365.2M | $397.7M | $395.0M | $392.7M | $377.6M | $430.4M | |
| Operating income | $63.7M | $86.6M | $88.9M | $81.1M | $67.2M | $106.7M | |
| Net income | $39.3M | $56.8M | $56.5M | $51.8M | $41.8M | $80.4M | |
| Diluted EPS | $0.70 | $1.02 | $1.01 | $0.93 | $0.76 | $1.44 | |
| Gross margin | 41.0% | 41.0% | 40.4% | 40.7% | 41.1% | 41.1% | |
| Operating margin | 7.1% | 8.9% | 9.1% | 8.4% | 7.3% | 10.2% |
Fiscal years (4-quarter sums)FY21 $3.24B · FY22 $3.69B · FY23 $4.01B · FY24 $3.82B · FY25 $3.77B
Revenue by product · Q3 FY26
Balance sheet, May 30, 2026Cash & short-term investments $74.1M · Total debt $555.4M · Total assets $2.50B · Shareholders' equity $1.42B
Dividends
Raised for 21 straight years — most recently to $0.87 from $0.85 in Nov 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 8, 2026 | Jul 8 | Jul 22 | $0.87 | |
| Apr 8, 2026 | Apr 8 | Apr 22 | $0.87 | |
| Jan 14, 2026 | Jan 14 | Jan 28 | $0.87 | |
| Nov 12, 2025 | Nov 12 | Nov 26 | $0.87 | raised from $0.85 |
| Jul 9, 2025 | Jul 9 | Jul 23 | $0.85 | |
| Apr 9, 2025 | Apr 9 | Apr 23 | $0.85 | |
| Jan 15, 2025 | Jan 15 | Jan 29 | $0.85 | |
| Nov 13, 2024 | Nov 13 | Nov 27 | $0.85 | raised from $0.83 |
Ownership
Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.
Shares outstanding 55.85M · Float 45.62M · 81.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 5.56M | 9.96% | 13F | Aug 7, 2026 |
| Mitchell Jacobson · director, 10 percent owner: | 5.21M | 9.32% | Form 4 | Apr 9, 2026 |
| Harlan B. Korenvaes | 4.29M | 5.90% | 13G | Aug 11, 2026 |
| Vanguard Portfolio Management LLC | 2.14M | 3.83% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 2.03M | 3.63% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Feb 2, 2026 | Rudina Seseri | director | −1,800 | $86.83 |
| Nov 18, 2025 | Mitchell Jacobson | director, 10 percent owner: | +22,870 | $84.96 |
| Nov 13, 2025 | Philip Peller | director | +6,666 | $90.14 |
| Oct 30, 2025 | Mitchell Jacobson | director, 10 percent owner: | +95,779 | $84.92 |
| Oct 31, 2025 | Mitchell Jacobson | director, 10 percent owner: | +34,073 | $84.76 |
Peers
- W.W. Grainger
Broad-line MRO distribution and enterprise procurement overlap
- Fastenal
Fasteners, MRO supplies, and managed inventory overlap
- Applied Industrial Technologies
Value-added MRO and technical-solution distribution overlap
- WESCO International
Industrial MRO, automation, and supply-chain services overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| MSC Industrial Direct | $119.20 | 0.00% | $6.66B | 28.8 | 22.7 | 1.7 | +7.8% |
| W.W. Grainger | $1,306.30 | +0.02% | $61.67B | 33.3 | 26.9 | 3.3 | +10.3% |
| Fastenal | $50.06 | +0.56% | $57.12B | 42.2 | 37.3 | 6.5 | +14.7% |
| Applied Industrial Technologies | $329.11 | +2.18% | $11.91B | 29.4 | 26.9 | 2.4 | +10.5% |
| WESCO International | $336.42 | 0.00% | $16.39B | 23.2 | 18.5 | 0.7 | +13.0% |
| Median | 31.4 | 26.9 | 2.8 | +11.7% |