MSC Industrial Direct Company Inc
MSC Industrial Direct Co., Inc., together with its subsidiaries, engages in the distribution of metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, the United Kingdom, and internationally. The company's metalworking and MRO products include cutting tools, abrasives, machining fluids, measuring instruments, metalworking products, m… Read more
MSC Industrial Direct Company Inc (MSM) - Net Assets
Latest net assets as of November 2025: $1.38 Billion USD
Based on the latest financial reports, MSC Industrial Direct Company Inc (MSM) has net assets worth $1.38 Billion USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.49 Billion) and total liabilities ($1.10 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.38 Billion |
| % of Total Assets | 55.6% |
| Annual Growth Rate | 7.48% |
| 5-Year Change | 20.19% |
| 10-Year Change | 27.14% |
| Growth Volatility | 14.57 |
MSC Industrial Direct Company Inc - Net Assets Trend (1996–2025)
This chart illustrates how MSC Industrial Direct Company Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MSC Industrial Direct Company Inc (1996–2025)
The table below shows the annual net assets of MSC Industrial Direct Company Inc from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $1.40 Billion | -0.34% |
| 2024-08-31 | $1.40 Billion | -6.12% |
| 2023-08-31 | $1.49 Billion | +9.56% |
| 2022-08-31 | $1.36 Billion | +17.25% |
| 2021-08-31 | $1.16 Billion | -12.02% |
| 2020-08-31 | $1.32 Billion | -11.01% |
| 2019-08-31 | $1.48 Billion | +6.97% |
| 2018-08-31 | $1.39 Billion | +13.23% |
| 2017-08-31 | $1.23 Billion | +11.54% |
| 2016-08-31 | $1.10 Billion | -17.59% |
| 2015-08-31 | $1.33 Billion | -4.70% |
| 2014-08-31 | $1.40 Billion | +0.59% |
| 2013-08-31 | $1.39 Billion | +17.12% |
| 2012-08-31 | $1.19 Billion | +19.53% |
| 2011-08-31 | $993.11 Million | +10.36% |
| 2010-08-31 | $899.88 Million | +11.71% |
| 2009-08-31 | $805.54 Million | +13.20% |
| 2008-08-31 | $711.61 Million | -2.23% |
| 2007-08-31 | $727.88 Million | +13.86% |
| 2006-08-31 | $639.27 Million | +20.52% |
| 2005-08-31 | $530.42 Million | -14.20% |
| 2004-08-31 | $618.21 Million | +21.13% |
| 2003-08-31 | $510.36 Million | +7.52% |
| 2002-08-31 | $474.68 Million | +0.44% |
| 2001-08-31 | $472.58 Million | +12.07% |
| 2000-08-31 | $421.67 Million | +18.58% |
| 1999-08-31 | $355.60 Million | +10.50% |
| 1998-08-31 | $321.80 Million | +17.02% |
| 1997-08-31 | $275.00 Million | +59.33% |
| 1996-08-31 | $172.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MSC Industrial Direct Company Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1366.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $432.62 Million | 31.16% |
| Common Stock | $57.00K | 0.00% |
| Other Comprehensive Income | $-20.74 Million | -1.49% |
| Other Components | $976.27 Million | 70.33% |
| Total Equity | $1.39 Billion | 100.00% |
MSC Industrial Direct Company Inc Competitors by Market Cap
The table below lists competitors of MSC Industrial Direct Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unite Group PLC
PINK:UTGPF
|
$4.01 Billion |
|
Onex Corp
PINK:ONEXF
|
$4.01 Billion |
|
Commercial International Bank Egypt SAE
OTCQX:CMGGF
|
$4.01 Billion |
|
VEND MARKETPLACES ASA
OL:VEND
|
$4.01 Billion |
|
Haidilao International Holding Ltd
PINK:HDALF
|
$4.01 Billion |
|
Wangsu Science Tech
SHE:300017
|
$4.01 Billion |
|
The Bidvest Group Limited
F:NQL1
|
$4.01 Billion |
|
HUB24 Ltd
AU:HUB
|
$4.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MSC Industrial Direct Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,391,797,000 to 1,388,210,000, a change of -3,587,000 (-0.3%).
- Net income of 199,328,000 contributed positively to equity growth.
- Dividend payments of 189,650,000 reduced retained earnings.
- Share repurchases of 39,317,000 reduced equity.
- Other comprehensive income increased equity by 408,000.
- Other factors increased equity by 25,644,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $199.33 Million | +14.36% |
| Dividends Paid | $189.65 Million | -13.66% |
| Share Repurchases | $39.32 Million | -2.83% |
| Other Comprehensive Income | $408.00K | +0.03% |
| Other Changes | $25.64 Million | +1.85% |
| Total Change | $- | -0.26% |
Book Value vs Market Value Analysis
This analysis compares MSC Industrial Direct Company Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.54x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 31.01x to 3.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-08-31 | $2.84 | $87.94 | x |
| 1997-08-31 | $4.12 | $87.94 | x |
| 1998-08-31 | $4.69 | $87.94 | x |
| 1999-08-31 | $5.24 | $87.94 | x |
| 2000-08-31 | $6.18 | $87.94 | x |
| 2001-08-31 | $6.80 | $87.94 | x |
| 2002-08-31 | $6.71 | $87.94 | x |
| 2003-08-31 | $7.51 | $87.94 | x |
| 2004-08-31 | $8.89 | $87.94 | x |
| 2005-08-31 | $7.59 | $87.94 | x |
| 2006-08-31 | $9.36 | $87.94 | x |
| 2007-08-31 | $10.85 | $87.94 | x |
| 2008-08-31 | $11.01 | $87.94 | x |
| 2009-08-31 | $12.87 | $87.94 | x |
| 2010-08-31 | $14.30 | $87.94 | x |
| 2011-08-31 | $15.68 | $87.94 | x |
| 2012-08-31 | $18.90 | $87.94 | x |
| 2013-08-31 | $22.07 | $87.94 | x |
| 2014-08-31 | $22.43 | $87.94 | x |
| 2015-08-31 | $21.68 | $87.94 | x |
| 2016-08-31 | $17.98 | $87.94 | x |
| 2017-08-31 | $21.50 | $87.94 | x |
| 2018-08-31 | $24.46 | $87.94 | x |
| 2019-08-31 | $26.64 | $87.94 | x |
| 2020-08-31 | $23.63 | $87.94 | x |
| 2021-08-31 | $20.52 | $87.94 | x |
| 2022-08-31 | $24.10 | $87.94 | x |
| 2023-08-31 | $26.31 | $87.94 | x |
| 2024-08-31 | $24.66 | $87.94 | x |
| 2025-08-31 | $24.84 | $87.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MSC Industrial Direct Company Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.36%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.29%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 1.77x
- Recent ROE (14.36%) is below the historical average (17.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 11.94% | 6.75% | 1.15x | 1.54x | $3.34 Million |
| 1997 | 13.09% | 8.22% | 1.31x | 1.22x | $8.50 Million |
| 1998 | 14.70% | 8.11% | 1.45x | 1.25x | $15.12 Million |
| 1999 | 13.75% | 7.51% | 1.27x | 1.45x | $13.34 Million |
| 2000 | 12.55% | 6.68% | 1.36x | 1.38x | $10.76 Million |
| 2001 | 8.58% | 4.66% | 1.57x | 1.17x | $-6.71 Million |
| 2002 | 7.67% | 4.59% | 1.41x | 1.19x | $-11.05 Million |
| 2003 | 10.21% | 6.17% | 1.36x | 1.21x | $1.06 Million |
| 2004 | 13.13% | 8.50% | 1.31x | 1.18x | $19.33 Million |
| 2005 | 21.17% | 10.21% | 1.69x | 1.23x | $59.23 Million |
| 2006 | 21.34% | 10.35% | 1.30x | 1.59x | $72.46 Million |
| 2007 | 23.90% | 10.30% | 1.57x | 1.48x | $101.14 Million |
| 2008 | 27.58% | 11.03% | 1.61x | 1.55x | $125.08 Million |
| 2009 | 15.53% | 8.40% | 1.29x | 1.44x | $44.57 Million |
| 2010 | 16.71% | 8.89% | 1.47x | 1.28x | $60.38 Million |
| 2011 | 22.03% | 10.82% | 1.62x | 1.25x | $119.47 Million |
| 2012 | 21.82% | 10.99% | 1.63x | 1.22x | $140.32 Million |
| 2013 | 17.12% | 9.68% | 1.26x | 1.40x | $98.96 Million |
| 2014 | 16.88% | 8.47% | 1.35x | 1.47x | $96.21 Million |
| 2015 | 17.35% | 7.95% | 1.39x | 1.58x | $98.02 Million |
| 2016 | 21.05% | 8.07% | 1.39x | 1.88x | $121.38 Million |
| 2017 | 18.89% | 8.01% | 1.38x | 1.71x | $108.92 Million |
| 2018 | 23.73% | 10.28% | 1.40x | 1.65x | $190.50 Million |
| 2019 | 19.54% | 8.59% | 1.46x | 1.56x | $141.01 Million |
| 2020 | 19.10% | 7.87% | 1.34x | 1.81x | $119.62 Million |
| 2021 | 18.85% | 6.69% | 1.32x | 2.14x | $101.82 Million |
| 2022 | 25.16% | 9.20% | 1.35x | 2.02x | $204.74 Million |
| 2023 | 23.20% | 8.56% | 1.58x | 1.72x | $195.32 Million |
| 2024 | 18.58% | 6.77% | 1.55x | 1.77x | $119.41 Million |
| 2025 | 14.36% | 5.29% | 1.53x | 1.77x | $60.51 Million |
Industry Comparison
This section compares MSC Industrial Direct Company Inc's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $916,275,000
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MSC Industrial Direct Company Inc (MSM) | $1.38 Billion | 11.94% | 0.80x | $4.01 Billion |
| Addtech AB (publ.) (ADDHY) | $3.08 Billion | 28.02% | 1.77x | $4.34 Billion |
| Andritz AG (ADRZF) | $1.33 Billion | 19.84% | 3.73x | $4.12 Billion |
| Applied Industrial Technologies (AIT) | $932.55 Million | 15.52% | 1.44x | $9.54 Billion |
| Beacon Roofing Supply Inc (BECN) | $26.57 Million | -1.42% | 8.92x | $7.71 Billion |
| BlueLinx Holdings Inc (BXC) | $141.49 Million | 18.31% | 7.04x | $317.68 Million |
| CD International Enterprises Inc (CDIIQ) | $64.33 Million | 0.00% | 0.25x | $7.73K |
| Core & Main Inc (CNM) | $801.00 Million | 4.62% | 3.90x | $8.99 Billion |
| Doman Building Materials Group Ltd (CWXZF) | $497.71 Million | 21.40% | 2.09x | $403.14 Million |
| Now Inc (DNOW) | $1.40 Billion | -35.78% | 0.31x | $1.21 Billion |
| Diploma PLC (DPMAY) | $894.70 Million | 14.45% | 0.98x | $10.23 Billion |