AAON, Inc. (AAON) vs MSC Industrial Direct Co., Inc. (MSM)
A side-by-side comparison of AAON, Inc. and MSC Industrial Direct Co., Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.
AAON
AAON, Inc.
$78.15IndustrialsDelayed quote: Aug 27, 2026, 4:00 PM EDT
MSM
MSC Industrial Direct Co., Inc.
$122.01IndustrialsDelayed quote: Aug 27, 2026, 4:00 PM EDT
Total return — AAON vs MSM
growth of $100 · dividends reinvested · last 10yAAON +332.1% (+15.8%/yr)MSM +164.2% (+10.2%/yr)AAON compounded faster over this window
AAON MSM
AAON vs MSM: by the numbers
- •MSM is the larger company ($6.81B vs $6.40B market cap).
- •MSM trades at the lower trailing earnings multiple (29.47 vs 40.92 P/E), one valuation lens rather than an overall verdict.
- •AAON converts more revenue to profit (8.24% vs 5.90% net margin).
- •AAON grew revenue faster over the past five years (30.47% vs 4.34% CAGR).
- •MSM pays the higher dividend yield (2.85% vs 0.51%).
Metrics side by side
Valuation
| Metric | AAON | MSM |
|---|---|---|
| P/E ratio | 40.92 | 29.47 |
| Forward P/E | 33.09 | 26.45 |
| P/S ratio | 3.39 | 1.75 |
| P/B ratio | 6.48 | 4.81 |
| EV / EBITDA | 21.92 | 16.49 |
| FCF yield | N/A | 3.22% |
Profitability
| Metric | AAON | MSM |
|---|---|---|
| Gross margin | 25.57% | 40.82% |
| Operating margin | 11.05% | 8.80% |
| Net margin | 8.24% | 5.90% |
| ROE | 15.76% | 16.24% |
| ROIC | 11.51% | 12.36% |
Dividends
| Metric | AAON | MSM |
|---|---|---|
| Dividend yield | 0.51% | 2.85% |
| Payout ratio | 30.30% | 97.48% |
Growth (annualized)
| Metric | AAON | MSM |
|---|---|---|
| Revenue CAGR (5Y) | 30.47% | 4.34% |
| EPS CAGR (5Y) | 5.50% | -4.65% |
| FCF CAGR (5Y) | -57.58% | 5.48% |
| Total return CAGR (5Y) | 11.82% | 11.51% |
Frequently asked
- Which has the lower trailing P/E, AAON or MSM?
- MSM has the lower trailing P/E: AAON trades at 40.92 and MSM at 29.47. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AAON or MSM?
- Over the past five years, AAON grew revenue faster — AAON at a 30.47% CAGR versus MSM at 4.34%.
- Does AAON or MSM pay a bigger dividend?
- AAON yields 0.51% and MSM yields 2.85% based on trailing dividends and the latest price.
- Is AAON or MSM more profitable?
- AAON runs the higher net margin — AAON at 8.24% versus MSM at 5.90%.
- How have AAON and MSM total returns compared?
- Over the past 10 years, AAON delivered 16.23% and MSM delivered 10.07% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AAON P/E ratioMSC Industrial Direct P/E ratioAAON dividend yieldMSC Industrial Direct dividend yieldAAON ROEMSC Industrial Direct ROEAAON operating marginMSC Industrial Direct operating marginAAON revenue growthMSC Industrial Direct revenue growthAAON free cash flowMSC Industrial Direct free cash flow
AAON & MSC Industrial Direct appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 28, 2026.