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MSC Industrial Direct Co (STU:98M) Tax Rate % : 23.00% (As of Feb. 2024)


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What is MSC Industrial Direct Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MSC Industrial Direct Co's Tax Expense for the three months ended in Feb. 2024 was €17 Mil. MSC Industrial Direct Co's Pre-Tax Income for the three months ended in Feb. 2024 was €74 Mil. Therefore, MSC Industrial Direct Co's Tax Rate % for the quarter that ended in Feb. 2024 was 23.00%.

MSC Industrial Direct Co Tax Rate % Historical Data

The historical data trend for MSC Industrial Direct Co's Tax Rate % 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.

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MSC Industrial Direct Co Tax Rate % Chart

MSC Industrial Direct Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.62 24.68 24.43 24.53 24.78

MSC Industrial Direct Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Tax Rate % 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 25.30 24.73 24.44 24.30 23.00

MSC Industrial Direct Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

MSC Industrial Direct Co's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %=Tax Expense (A: Aug. 2023 )/Pre-Tax Income (A: Aug. 2023 )
=103.666/418.295
=24.78 %

MSC Industrial Direct Co's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2024 )/Pre-Tax Income (Q: Feb. 2024 )
=17.048/74.118
=23.00 %

* 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 Tax Rate % Related Terms

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MSC Industrial Direct Co (STU:98M) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » MSC Industrial Direct Co Inc (STU:98M) » Definitions » Tax Rate %
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Traded in Other Exchanges
MSM:USA 98M:Germany
Address
515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
Website
https://www.mscdirect.com
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 U.S.

MSC Industrial Direct Co (STU:98M) Headlines

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