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MSM (MSC Industrial Direct Co) EBIT : $369 Mil (TTM As of Aug. 2024)


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What is MSC Industrial Direct Co EBIT?

MSC Industrial Direct Co's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2024 was $83 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was $369 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MSC Industrial Direct Co's annualized ROC % for the quarter that ended in Aug. 2024 was 12.74%. MSC Industrial Direct Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 26.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MSC Industrial Direct Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 7.09%.


MSC Industrial Direct Co EBIT Historical Data

The historical data trend for MSC Industrial Direct Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MSC Industrial Direct Co EBIT Chart

MSC Industrial Direct Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 350.92 302.89 468.73 478.70 368.52

MSC Industrial Direct Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.35 96.64 86.91 102.22 82.76

Competitive Comparison of MSC Industrial Direct Co's EBIT

For the Industrial Distribution subindustry, MSC Industrial Direct Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MSC Industrial Direct Co's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, MSC Industrial Direct Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MSC Industrial Direct Co's EV-to-EBIT falls into.



MSC Industrial Direct Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $369 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MSC Industrial Direct Co  (NYSE:MSM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

MSC Industrial Direct Co's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=374.388 * ( 1 - 29.14% )/( (2086.924 + 2079.15)/ 2 )
=265.2913368/2083.037
=12.74 %

where

Invested Capital(Q: May. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2467.794 - 354.942 - ( 25.928 - max(0, 583.512 - 1212.848+25.928))
=2086.924

Invested Capital(Q: Aug. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2462.313 - 353.575 - ( 29.588 - max(0, 605.427 - 1188.089+29.588))
=2079.15

Note: The Operating Income data used here is four times the quarterly (Aug. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

MSC Industrial Direct Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=331.02/( ( (405.665 + max(831.978, 0)) + (418.904 + max(804.926, 0)) )/ 2 )
=331.02/( ( 1237.643 + 1223.83 )/ 2 )
=331.02/1230.7365
=26.90 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(419.81 + 665.638 + 101.472) - (354.942 + 0 + 0)
=831.978

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(412.122 + 643.904 + 102.475) - (353.575 + 0 + 0)
=804.926

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Aug. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

MSC Industrial Direct Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=368.519/5194.144
=7.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MSC Industrial Direct Co EBIT Related Terms

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MSC Industrial Direct Co Business Description

Traded in Other Exchanges
Address
515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.
Executives
Philip Peller director
Erik Gershwind officer: SVP, Product Mgmnt & Marketing C/O MSC INDUSTRIAL DIRECT CO INC, 75 MAXESS ROAD, MELVILLE NY 11747
Kimberly Shacklett officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Mitchell Jacobson director, 10 percent owner, officer: Chairman and CEO C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS RD, MELVILLE NY 11747
Kristen Actis-grande officer: EVP & Chief Financial Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Elizabeth Bledsoe officer: SVP & Chief People Officer C/O MSC LNDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Douglas E Jones officer: EVP, Chief Supply Chain C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Stacey L. Bennett 10 percent owner 410 PARK AVE., SUITE 620, NEW YORK NY 10022
Rahquel Purcell director C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martina Mcisaac officer: EVP, Chief Operating Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Steven N Baruch officer: SVP, STRATEGY & MARKETING 18232 PENINSULA CLUB, CORNELIUS NC 28031
Louise K Goeser director C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
John Hill officer: SVP, Chief Digital Info Offr. C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Neal Dongre officer: VP, Gen Counsel & Corp Sec C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martin Edward F Jr officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747