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MSC Industrial Direct vs Alta Equipment Group: MSM and ALTG compared
MSC Industrial Direct is the larger company: $1.1B of revenue in its latest quarter (Q4 FY26) against $476M for Alta Equipment Group (Q2 2026). MSC Industrial Direct is growing faster (+10% against -1% a year earlier). MSC Industrial Direct is more profitable, with an operating margin of 6.7% against 2.5%.
Where the money goes: MSM and ALTG
MSC Industrial Direct (MSM) · Q4 FY26
MSC Industrial Direct, Q4 FY26: revenue $1.1B (+10% year over year), operating margin 6.7%, net earnings $47.9M, operating cash flow $81.0M. The chart follows the revenue to costs, profit and cash.
Alta Equipment Group (ALTG) · Q2 2026
Alta Equipment Group, Q2 2026: revenue $476M (-1% year over year), operating margin 2.5%, net loss $7.5M, operating cash flow $5.3M. The chart follows the revenue to costs, profit and cash.
| MSC Industrial Direct (MSM) | Alta Equipment Group (ALTG) | |
|---|---|---|
| Latest quarter | Q4 FY26 | Q2 2026 |
| Revenue | $1.1B | $476M |
| Revenue growth, Y/Y | +10% | -1% |
| Gross margin | 40.6% | — |
| Operating margin | 6.7% | 2.5% |
| Net earnings | $47.9M | −$7.5M |
| Net margin | 4.4% | -1.6% |
| Operating cash flow | $81.0M | $5.3M |
| Free cash flow | $63.8M | $2.3M |
| Market value | $6.3B | $194M |
| P/E | 28.5× | — |
| Analysts’ mean target | $134.62 | $9.82 |
Where the revenue comes from
Alta Equipment Group
- New and Used Equipment Sales: $262M (55%)
- Parts Sales: $75.6M (16%)
- Service: $63.8M (13%)
- Rental Revenue: $44.9M (9%)
Questions
Which is bigger, MSC Industrial Direct or Alta Equipment Group?
MSC Industrial Direct is the larger company: $1.1B of revenue in its latest quarter (Q4 FY26) against $476M for Alta Equipment Group (Q2 2026).
Is MSC Industrial Direct or Alta Equipment Group growing faster?
MSC Industrial Direct is growing faster (+10% against -1% a year earlier).
Which is more profitable, MSC Industrial Direct or Alta Equipment Group?
MSC Industrial Direct is more profitable, with an operating margin of 6.7% against 2.5%.
More: MSC Industrial Direct earnings · how MSC Industrial Direct makes money · Alta Equipment Group earnings · how Alta Equipment Group makes money
From the companies' latest 10-Q, 10-K or earnings release (10-K filed Oct 22, 2026; 10-Q filed Aug 6, 2026). Fiscal quarters can end on different dates. Not investment advice.