MSC Industrial Direct Co., Inc. (MSM) Stock

MSC Industrial Direct Co., Inc. (MSM) is a Consumer Discretionary stock trading at $119.78 (as of 2026-08-21), with a market capitalization of $6.69B and a trailing P/E of 28.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

MSC Industrial Direct Co., Inc. distributes metalworking and maintenance, repair, and operations (MRO) products and services through catalogs, an e-commerce website, and related fulfillment and support services in the United States, Canada, Mexico, and the United Kingdom. It serves machine shops, manufacturing companies, and government agencies.

Understand MSC Industrial Direct Co., Inc.: how it makes money

MSC Industrial Direct distributes metalworking and maintenance, repair, and operations (MRO) products, tools, and related supplies to industrial customers, generating revenue from sales of these products and services through its sales network and in-plant programs.

MSC Industrial Direct’s profit engine depends on selling a broad MRO assortment into customer plants, with installed vending machines and implant programs deepening in-plant usage and customer penetration, which supports steady order flow even when some product lines or customer categories weaken.

Revenue by segment (latest quarter)
Net Sales	$0.9B

Business quality (Weak): The most decision-useful operating signals here are sales momentum (Average Daily Sales) and its rate of change, complemented by how embedded the company is in customer facilities (vending machines and implant programs). Current trend data points to some near-term demand pressure.

Valuation: At 32× earnings, MSM trades 33% above the Wholesale average (24×). Note: one-time items can distort reported P/E.

Bull case

Embedded in customers’ workflows through in-plant programs: The company reports 30,400 Installed Vending Machines and 423 Implant Program (Mission-Critical) units, and it tracks In-Plant Penetration at 8 percent.
Customer mix expansion in national accounts: National Account Customers Growing is reported at 45 (count), suggesting continued effort to add and grow larger customer relationships.

Bear case

Near-term sales momentum is pressured: Average Daily Sales Decline Quarter over Quarter is reported at -5.5 percent.
Some product lines and customer categories are declining: Safety and Janitorial Product Line Revenue Decline is reported at 12 percent, and Government Sales Decline is reported at 28 percent.
Ongoing downsizing signals potential cost and execution challenges: The company reports Number of Positions Eliminated (110) and Number of Sales Branches Closed (73), which can indicate restructuring needs and raises execution risk.

Valuation — source: SEC EDGAR (first-party)
Price	$119.78
Market Cap	$6.69B
P/E Ratio	28.9
EV / EBITDA	15.3
Price / Book	4.71
Price / Sales	1.71
FCF Yield	3.3%
DCF Value (model)	$48.92
DCF Upside vs Price	-59.2%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$3.77B
Net Margin	5.3%
Revenue Growth (YoY)	7.8%
EPS Growth (YoY)	41.2%
FCF Growth (YoY)	6.5%

Financial Health — source: SEC EDGAR
Altman Z-Score	6.19 (safe)
Piotroski F-Score	5/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	28.9
Sector P/E (Consumer Discretionary)	20.7
Industry P/E (Wholesale)	24.0
vs Sector	39.8%
vs Industry	20.7%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($501.27M)
Institutional Holders Tracked	10
Congressional Trades (recent)	1

Company
Sector	Consumer Discretionary
Industry	Wholesale
CEO	Martina McIsaac
Employees	7,191
Country	US
IPO Date	1995-12-15

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Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.