MSC Industrial Direct Co., Inc. (MSM) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MSM Revenue Growth
Revenue Breakdown (FY 2025)
MSM's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
MSM Revenue Analysis (2014–2025)
As of May 6, 2026, MSC Industrial Direct Co., Inc. (MSM) generated trailing twelve-month (TTM) revenue of $3.81 billion, reflecting modest growth of +4.0% year-over-year. The most recent quarter (Q1 2026) recorded $965.7 million in revenue, down 1.3% sequentially.
Looking at the longer-term picture, MSM's 5-year compound annual growth rate (CAGR) stands at +3.4%, indicating moderate growth over time. The company achieved its highest annual revenue of $4.01 billion in 2023.
Revenue diversification analysis shows MSM's business is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including GWW (+4.5% YoY), FAST (+8.7% YoY), and SITE (+2.8% YoY), MSM has underperformed the peer group in terms of revenue growth. Compare MSM vs GWW →
MSM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MSMCurrent | $3.8B | +4.0% | +3.4% | 8.3% | |
 GWW | $17.9B | +4.5% | +8.7% | 15.0% | |
 FAST | $8.2B | +8.7% | +7.7% | 20.2% | |
 SITE | $4.7B | +2.8% | +11.7% | 5.1% | |
 WSO | $7.2B | -4.5% | +7.4% | 9.6% | |
 DNOW | $2.8B | +18.8% | +11.7% | -2.9% |
MSM Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.77B | -1.3% | $1.54B | 40.8% | $313.7M | 8.3% |
| 2024 | $3.82B | -4.7% | $1.57B | 41.1% | $406.0M | 10.6% |
| 2023 | $4.01B | +8.6% | $1.64B | 41.0% | $492.0M | 12.3% |
| 2022 | $3.69B | +13.8% | $1.56B | 42.2% | $475.3M | 12.9% |
| 2021 | $3.24B | +1.6% | $1.33B | 41.1% | $341.7M | 10.5% |
| 2020 | $3.19B | -5.1% | $1.27B | 39.9% | $367.8M | 11.5% |
| 2019 | $3.36B | +5.0% | $1.43B | 42.6% | $431.2M | 12.8% |
| 2018 | $3.20B | +10.9% | $1.39B | 43.5% | $421.4M | 13.2% |
| 2017 | $2.89B | +0.8% | $1.29B | 44.5% | $379.0M | 13.1% |
| 2016 | $2.86B | -1.6% | $1.29B | 45.0% | $376.0M | 13.1% |
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Start ComparisonMSM — Frequently Asked Questions
Quick answers to the most common questions about buying MSM stock.
Is MSM's revenue growth accelerating or slowing?
MSM revenue growth slowed to +4.0%, below the 5-year CAGR of +3.4%. TTM revenue is $3.8B. The deceleration marks a shift from historical growth rates.
What is MSM's long-term revenue growth rate?
MSC Industrial Direct Co., Inc.'s 5-year revenue CAGR of +3.4% reflects the variable expansion pattern. Current YoY growth of +4.0% is near this long-term average.
How is MSM's revenue distributed by segment?
MSM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.