MSC Industrial Direct Company Inc

NYSE MSM

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MSC Industrial Direct Company Inc Return on Tangible Equity (ROTE) 2 year CAGR for the quarter ending February 29, 2024: -17.19%

MSC Industrial Direct Company Inc Return on Tangible Equity (ROTE) 2 year CAGR is -17.19% for the quarter ending February 29, 2024, a -129.60% change year over year. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

MSC Industrial Direct Company Inc Return on Tangible Equity (ROTE) for the quarter ending February 28, 2023 was 13.53%, a -15.75% change year over year.
MSC Industrial Direct Company Inc Return on Tangible Equity (ROTE) for the quarter ending February 28, 2022 was 16.06%, a 196.56% change year over year.
MSC Industrial Direct Company Inc Return on Tangible Equity (ROTE) for the quarter ending February 28, 2021 was 5.42%, a -54.18% change year over year.
MSC Industrial Direct Company Inc Return on Tangible Equity (ROTE) for the quarter ending February 29, 2020 was 11.82%, a 3.58% change year over year.

NYSE: MSM

MSC Industrial Direct Company Inc

CEO	Mr. Erik David Gershwind
IPO Date	Dec. 20, 1995
Location	United States
Headquarters	515 Broadhollow Road, Melville, NY, United States, 11747
Employees	7,000
Sector	Industrials
Industry	Industrial distribution

Description

MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, the United Kingdom, and internationally. The company's MRO products include cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. It offers stock-keeping units through its catalogs and brochures; e-commerce channels, including its website, mscdirect.com; inventory management solutions; and customer care centers, customer fulfillment centers, regional inventory centers, and warehouses. The company serves individual machine shops, manufacturing companies, and government agencies. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York.

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