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MSA Safety Incorporated(MSA)Earnings, Financials & Key Ratios
MSA•NYSE
23.2× P/E·Price updated Jun 19, 2026
AboutMSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, industrial manufacturing applications, utilities, military, and mining industries in North America, Latin America, and internationally. The company's core product offerings include permanently installed fixed gas and flame detection instruments, such as permanently installed gas detection monitoring systems, and flame detectors and open-path infrared gas detectors, as well as replacement components and related services to detect the presence or absence of various gases in the air. Its core product offerings also comprise breathing apparatus products, such as self-contained breathing apparatus; hand-held portable gas detection instruments; industrial head protection products; firefighter helmets and protective apparel; and fall protection equipment, including confined space equipment, harnesses, lanyards, and self-retracting lifelines, as well as engineered systems. In addition, the company offers air-purifying respirators, eye and face protection products, ballistic helmets, and gas masks. It serves distributors and end-users through indirect and direct sales channels. The company offers its product under the V-Gard, Cairns, and Gallet brand names. MSA Safety Incorporated was founded in 1914 and is based in Cranberry Township, Pennsylvania.Show more
- Revenue$1.87B+3.7%
- EBITDA$474M+4.4%
- Net Income$279M-2.1%
- EPS (Diluted)7.09-1.7%
- Gross Margin46.46%-2.4%
- EBITDA Margin25.26%+0.7%
- Operating Margin21.44%-0.4%
- Net Margin14.88%-5.6%
- ROE22.22%-17.7%
MSA Key Insights
MSA Safety Incorporated (MSA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Dividend Aristocrat: 34 years of consecutive increases
- ✓Strong 5Y profit CAGR of 17.6%
- ✓FCF machine: 15.8% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Good 3Y average ROE of 18.5%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MSA Price & Volume
MSA Safety Incorporated (MSA) stock price & volume — 10-year historical chart
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MSA Growth Metrics
MSA Safety Incorporated (MSA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.19%
5 Years6.82%
3 Years7.06%
TTM5.56%
Profit CAGR
10 Years14.69%
5 Years17.59%
3 Years15.8%
TTM1.45%
EPS CAGR
10 Years14.26%
5 Years17.54%
3 Years15.85%
TTM2.07%
Return on Capital
10 Years11.93%
5 Years12.96%
3 Years17.3%
Last Year19.22%
MSA Recent Earnings
MSA Safety Incorporated (MSA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 4, 2026Metric
Actual
Est
EPS
$1.99+7.6%
$1.85
Rev
$464M+2.7%
$451M
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$2.38+5.3%
$2.26
Rev
$511M+0.6%
$508M
Q4 2025
Oct 28, 2025Metric
Actual
Est
EPS
$1.94+2.1%
$1.90
Rev
$468M-7.9%
$509M
Q3 2025
Aug 4, 2025Metric
Actual
Est
EPS
$1.93+9.7%
$1.76
Rev
$474M+3.6%
$457M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $1.99vs $1.85+7.6% | $464Mvs $451M+2.7% |
| Q1 2026 | Feb 11, 2026 | $2.38vs $2.26+5.3% | $511Mvs $508M+0.6% |
| Q4 2025 | Oct 28, 2025 | $1.94vs $1.90+2.1% | $468Mvs $509M-7.9% |
| Q3 2025 | Aug 4, 2025 | $1.93vs $1.76+9.7% | $474Mvs $457M+3.6% |
Based on last 12 quarters of dataView full earnings history →
MSA Peer Comparison
MSA Safety Incorporated (MSA) competitors in Safety, Emergency and Risk Response — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HON | 145.11B | 229.01 | 31.12 | 7.85% | 11.16% | 23.05% | 2.24 | |
 MMM | 83.76B | 160.60 | 26.77 | 1.52% | 11.14% | 65.25% | 2.73 | |
 ROP | 33.99B | 330.26 | 23.26 | 12.26% | 21.12% | 8.75% | 0.47 | |
 GNSS | 74.23M | 1.63 | -4.08 | 69.76% | -13.44% | -314.53% | 9.85 | |
 AMSF | 588.66M | 31.32 | 12.68 | 2.63% | 14.27% | 9.68% | 0.00 | |
 LAKE | 99.48M | 10.08 | -3.83 | 15.21% | -10.88% | -15.54% | 0.37 | |
 CODA | 112.81M | 10.00 | 27.03 | 30.75% | 17.66% | 8.33% | 0.01 | |
 KFRC | 829.64M | 45.39 | 23.16 | -5.43% | 2.6% | 27.22% | 0.56 |
Compare MSA vs Peers
MSA Safety Incorporated (MSA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MSA Income Statement
MSA Safety Incorporated (MSA) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 1.2B | 1.36B | 1.4B | 1.35B | 1.4B | 1.53B | 1.79B | 1.81B | 1.87B | 1.92B |
Revenue Growth % | 4.11% | 13.48% | 3.23% | -3.83% | 3.85% | 9.13% | 17% | 1.15% | 3.69% | 5.56% |
Cost of Goods Sold | 657.92M | 746.24M | 763.35M | 752.73M | 784.83M | 854.12M | 935.51M | 947.7M | 1B | 1.02B |
COGS % of Revenue | 54.97% | 54.95% | 54.45% | 55.83% | 56.05% | 55.9% | 52.33% | 52.41% | 53.54% | - |
Gross Profit | 538.89M▲ 0% | 611.86M▲ 13.5% | 638.63M▲ 4.4% | 595.49M▼ 6.8% | 615.35M▲ 3.3% | 673.83M▲ 9.5% | 852.14M▲ 26.5% | 860.45M▲ 1.0% | 871.11M▲ 1.2% | 897.3M▲ 0% |
Gross Margin % | 45.03% | 45.05% | 45.55% | 44.17% | 43.95% | 44.1% | 47.67% | 47.59% | 46.46% | 46.8% |
Gross Profit Growth % | 3.19% | 13.54% | 4.37% | -6.75% | 3.33% | 9.5% | 26.46% | 0.97% | 1.24% | - |
Operating Expenses | 499.31M | 438.38M | 450.38M | 423.6M | 592.57M | 434.69M | 620.82M | 471.27M | 469.13M | 475.35M |
OpEx % of Revenue | 41.72% | 32.28% | 32.12% | 31.42% | 42.32% | 28.45% | 34.73% | 26.06% | 25.02% | - |
Selling, General & Admin | 300.06M | 324.78M | 330.5M | 290.33M | 332.86M | 338.87M | 396.64M | 394.71M | 414.25M | 427.97M |
SG&A % of Revenue | 25.07% | 23.91% | 23.57% | 21.53% | 23.77% | 22.18% | 22.19% | 21.83% | 22.1% | - |
Research & Development | 50.06M | 52.7M | 57.85M | 58.27M | 57.79M | 57.01M | 67.99M | 66.53M | 65.34M | 66.03M |
R&D % of Revenue | 4.18% | 3.88% | 4.13% | 4.32% | 4.13% | 3.73% | 3.8% | 3.68% | 3.49% | - |
Other Operating Expenses | 149.19M | 60.9M | 62.03M | 75M | 201.91M | 38.81M | 156.19M | 10.04M | -10.47M | 0 |
Operating Income | 39.58M▲ 0% | 173.48M▲ 338.3% | 188.25M▲ 8.5% | 171.9M▼ 8.7% | 22.78M▼ 86.7% | 239.14M▲ 949.8% | 231.32M▼ 3.3% | 389.18M▲ 68.2% | 401.98M▲ 3.3% | 421.95M▲ 0% |
Operating Margin % | 3.31% | 12.77% | 13.43% | 12.75% | 1.63% | 15.65% | 12.94% | 21.52% | 21.44% | 22.01% |
Operating Income Growth % | -75.37% | 338.33% | 8.51% | -8.69% | -86.75% | 949.77% | -3.27% | 68.24% | 3.29% | - |
EBITDA | 77.45M | 211.33M | 226.27M | 211.57M | 73.1M | 295.45M | 292.09M | 453.51M | 473.57M | 495.64M |
EBITDA Margin % | 6.47% | 15.56% | 16.14% | 15.69% | 5.22% | 19.34% | 16.34% | 25.08% | 25.26% | 25.85% |
EBITDA Growth % | -60.48% | 172.85% | 7.07% | -6.5% | -65.45% | 304.19% | -1.14% | 55.26% | 4.42% | 9.69% |
D&A (Non-Cash Add-back) | 37.88M | 37.85M | 38.02M | 39.67M | 50.32M | 56.32M | 60.77M | 64.33M | 71.59M | 73.69M |
EBIT | 45.13M | 181.22M | 199.34M | 177.58M | 34.36M | 260.19M | 253.42M | 411.89M | 401.98M | 414.93M |
Net Interest Income | -11.76M | -14.29M | -9.18M | -5.93M | -7.5M | -17.5M | -38.55M | -29.87M | -31.8M | -32.67M |
Interest Income | 3.6M | 4.59M | 4.41M | 3.5M | 3.26M | 4.16M | 8.18M | 7.02M | 0 | 0 |
Interest Expense | 15.36M | 18.88M | 13.59M | 9.43M | 10.76M | 21.66M | 46.73M | 36.89M | 31.8M | 32.67M |
Other Income/Expense | -9.8M | -11.14M | -2.5M | -3.75M | 824K | -604K | -24.63M | -14.17M | -35.59M | -40.51M |
Pretax Income | 29.77M▲ 0% | 162.34M▲ 445.2% | 185.75M▲ 14.4% | 168.15M▼ 9.5% | 23.6M▼ 86.0% | 238.53M▲ 910.6% | 206.69M▼ 13.4% | 375.01M▲ 81.4% | 366.4M▼ 2.3% | 381.44M▲ 0% |
Pretax Margin % | 2.49% | 11.95% | 13.25% | 12.47% | 1.69% | 15.61% | 11.56% | 20.74% | 19.54% | 19.9% |
Income Tax | 2.82M | 37.22M | 46.55M | 43.01M | 1.82M | 58.9M | 148.1M | 90.04M | 87.47M | 90.85M |
Effective Tax Rate % | 9.47% | 22.93% | 25.06% | 25.58% | 7.69% | 24.69% | 71.66% | 24.01% | 23.87% | 23.82% |
Net Income | 26.03M▲ 0% | 124.15M▲ 377.0% | 138M▲ 11.2% | 124.08M▼ 10.1% | 21.34M▼ 82.8% | 179.63M▲ 741.8% | 58.58M▼ 67.4% | 284.97M▲ 386.4% | 278.92M▼ 2.1% | 290.59M▲ 0% |
Net Margin % | 2.17% | 9.14% | 9.84% | 9.2% | 1.52% | 11.76% | 3.28% | 15.76% | 14.88% | 15.16% |
Net Income Growth % | -71.69% | 377% | 11.15% | -10.09% | -82.8% | 741.75% | -67.39% | 386.43% | -2.12% | 1.45% |
Net Income (Continuing) | 26.96M | 125.11M | 139.21M | 125.14M | 21.79M | 179.63M | 58.58M | 284.97M | 278.92M | 290.59M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 4.98M | 5.64M | 6.77M | 7.99M | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 0.67▲ 0% | 3.19▲ 376.1% | 3.48▲ 9.1% | 3.16▼ 9.2% | 0.54▼ 82.9% | 4.56▲ 744.4% | 1.48▼ 67.5% | 7.21▲ 387.2% | 7.09▼ 1.7% | 7.45▲ 0% |
EPS Growth % | -72.31% | 376.12% | 9.09% | -9.2% | -82.91% | 744.44% | -67.54% | 387.16% | -1.66% | 2.07% |
EPS (Basic) | 0.68 | 3.24 | 3.52 | 3.19 | 0.54 | 4.58 | 1.49 | 7.24 | 7.11 | - |
Diluted Shares Outstanding | 38.7M | 38.96M | 39.19M | 39.29M | 39.45M | 39.41M | 39.47M | 39.53M | 39.35M | 38.99M |
Basic Shares Outstanding | 38M | 38.36M | 38.65M | 38.88M | 39.17M | 39.23M | 39.31M | 39.36M | 39.22M | 38.86M |
Dividend Payout Ratio | 201.86% | 46.11% | 46.03% | 53.66% | 321.2% | 39.78% | 125.37% | 27.62% | 29.52% | - |
MSA Balance Sheet
MSA Safety Incorporated (MSA) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 622.3M | 656.62M | 693.36M | 801.42M | 792.8M | 880.13M | 786.27M | 803.03M | 869.29M | 891.67M |
Cash & Short-Term Investments | 134.24M | 195.2M | 202.39M | 236.02M | 190.41M | 172.81M | 146.44M | 164.56M | 165.07M | 180.16M |
Cash Only | 134.24M | 140.09M | 152.5M | 161.03M | 141.44M | 162.9M | 146.44M | 164.56M | 165.07M | 180.16M |
Short-Term Investments | 0 | 55.11M | 49.89M | 74.98M | 48.97M | 9.9M | 0 | 0 | 0 | 0 |
Accounts Receivable | 261.53M | 248.59M | 266.36M | 268.08M | 266.7M | 302.96M | 294.68M | 279.21M | 306.45M | 325.01M |
Days Sales Outstanding | 79.76 | 66.81 | 69.35 | 72.58 | 69.52 | 72.37 | 60.17 | 56.36 | 59.66 | 60.55 |
Inventory | 153.74M | 156.6M | 185.03M | 244.97M | 280.62M | 338.32M | 292.6M | 296.8M | 343.04M | 352.31M |
Days Inventory Outstanding | 85.29 | 76.6 | 88.47 | 118.78 | 130.51 | 144.58 | 114.16 | 114.31 | 124.75 | 124.8 |
Other Current Assets | 0 | 0 | 26.52M | 26.18M | 33.84M | 44.34M | 39.63M | 43.83M | 54.74M | 34.19M |
Total Non-Current Assets | 1.06B | 951.39M | 1.05B | 1.12B | 1.6B | 1.5B | 1.38B | 1.4B | 1.69B | 1.67B |
Property, Plant & Equipment | 157.01M | 157.94M | 218.71M | 243.07M | 257.97M | 251.69M | 265.18M | 267.95M | 339.99M | 278.06M |
Fixed Asset Turnover | 7.62x | 8.60x | 6.41x | 5.55x | 5.43x | 6.07x | 6.74x | 6.75x | 5.51x | 6.52x |
Goodwill | 422.19M | 413.64M | 436.68M | 443.27M | 636.86M | 620.62M | 627.53M | 620.89M | 731.59M | 727.44M |
Intangible Assets | 183M | 169.5M | 171.33M | 161.05M | 306.95M | 281.9M | 266.13M | 246.44M | 299.13M | 291.99M |
Long-Term Investments | 239.89M | 137.92M | 108.54M | 133.54M | 166.23M | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 217.61M | 209.36M | 78.48M | 101.61M | 200.33M | 317.19M | 191.97M | 241.29M | 293.38M | 374.83M |
Total Assets | 1.68B▲ 0% | 1.61B▼ 4.6% | 1.74B▲ 8.2% | 1.92B▲ 10.3% | 2.4B▲ 24.8% | 2.38B▼ 0.8% | 2.17B▼ 8.7% | 2.21B▲ 1.6% | 2.55B▲ 15.8% | 2.56B▲ 0% |
Asset Turnover | 0.71x | 0.84x | 0.81x | 0.70x | 0.58x | 0.64x | 0.82x | 0.82x | 0.73x | 0.75x |
Asset Growth % | 24.44% | -4.56% | 8.19% | 10.34% | 24.84% | -0.81% | -8.7% | 1.64% | 15.8% | 58.05% |
Total Current Liabilities | 289.28M | 282.06M | 277.51M | 310.55M | 330.61M | 345.87M | 332.82M | 288.09M | 289.21M | 281.27M |
Accounts Payable | 87.06M | 78.37M | 89.12M | 86.85M | 106.78M | 112.53M | 111.87M | 108.16M | 110.78M | 118.35M |
Days Payables Outstanding | 48.3 | 38.33 | 42.61 | 42.12 | 49.66 | 48.09 | 43.65 | 41.66 | 40.28 | 42.54 |
Short-Term Debt | 26.68M | 20.06M | 20M | 20M | 0 | 7.39M | 26.52M | 26.39M | 8.22M | 8.07M |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 175.54M | 183.63M | 67.75M | 83.98M | 105.01M | 118.97M | 174.45M | 138.57M | 155.97M | 154.84M |
Current Ratio | 2.15x | 2.33x | 2.50x | 2.58x | 2.40x | 2.54x | 2.36x | 2.79x | 3.01x | 3.17x |
Quick Ratio | 1.62x | 1.77x | 1.83x | 1.79x | 1.55x | 1.57x | 1.48x | 1.76x | 1.82x | 1.92x |
Cash Conversion Cycle | 116.75 | 105.08 | 115.2 | 149.24 | 150.37 | 168.86 | 130.68 | 129.01 | 144.12 | 142.81 |
Total Non-Current Liabilities | 792.97M | 686.43M | 729.61M | 761.89M | 1.23B | 1.11B | 870.53M | 774.37M | 898.15M | 927.36M |
Long-Term Debt | 447.83M | 341.31M | 328.39M | 287.16M | 597.65M | 565.45M | 575.17M | 481.62M | 572.71M | 605.08M |
Capital Lease Obligations | 0 | 0 | 42.63M | 44.64M | 40.71M | 35.34M | 44.49M | 45.98M | 46.15M | 138.55M |
Deferred Tax Liabilities | 9.34M | 7.16M | 9.79M | 20.76M | 33.34M | 31.88M | 102.42M | 107.69M | 127.54M | 520.44M |
Other Non-Current Liabilities | 335.8M | 337.96M | 348.8M | 409.34M | 559.71M | 474.7M | 148.45M | 139.07M | 151.75M | 195.28M |
Total Liabilities | 1.08B | 968.49M | 1.01B | 1.07B | 1.56B | 1.45B | 1.2B | 1.06B | 1.19B | 1.21B |
Total Debt | 474.51M | 361.37M | 400.19M | 351.8M | 638.36M | 608.18M | 646.19M | 554M | 627.09M | 613.15M |
Net Debt | 340.27M | 221.28M | 247.69M | 190.76M | 496.92M | 445.27M | 499.75M | 389.44M | 462.02M | 432.99M |
Debt / Equity | 0.78x | 0.56x | 0.55x | 0.42x | 0.77x | 0.66x | 0.67x | 0.48x | 0.46x | 0.45x |
Debt / EBITDA | 6.13x | 1.71x | 1.77x | 1.66x | 8.73x | 2.06x | 2.21x | 1.22x | 1.32x | 1.24x |
Net Debt / EBITDA | 4.39x | 1.05x | 1.09x | 0.90x | 6.80x | 1.51x | 1.71x | 0.86x | 0.98x | 0.87x |
Interest Coverage | 2.94x | 9.60x | 14.67x | 18.83x | 3.19x | 12.01x | 5.42x | 11.17x | 12.64x | 12.70x |
Total Equity | 607.55M▲ 0% | 645.16M▲ 6.2% | 732.57M▲ 13.5% | 847.19M▲ 15.6% | 834.39M▼ 1.5% | 923.74M▲ 10.7% | 966.8M▲ 4.7% | 1.14B▲ 18.3% | 1.37B▲ 19.6% | 1.36B▲ 0% |
Equity Growth % | 7.67% | 6.19% | 13.55% | 15.65% | -1.51% | 10.71% | 4.66% | 18.26% | 19.57% | 73.54% |
Book Value per Share | 15.70 | 16.56 | 18.69 | 21.56 | 21.15 | 23.44 | 24.49 | 28.92 | 34.74 | 34.77 |
Total Shareholders' Equity | 602.58M | 639.52M | 725.8M | 839.2M | 834.39M | 923.74M | 966.8M | 1.14B | 1.37B | 1.36B |
Common Stock | 194.95M | 211.81M | 229.13M | 242.69M | 260.12M | 281.98M | 312.32M | 329.95M | 343.84M | 0 |
Retained Earnings | 868.67M | 935.58M | 1.01B | 1.1B | 1.05B | 1.16B | 1.14B | 1.35B | 1.55B | 0 |
Treasury Stock | -297.83M | -298.14M | -305.16M | -327.76M | -330.38M | -361.44M | -363.28M | -398.2M | -484.85M | 0 |
Accumulated OCI | -171.76M | -218.93M | -214M | -182.4M | -149.14M | -158.72M | -129.25M | -141.65M | -41.78M | 0 |
Minority Interest | 4.98M | 5.64M | 6.77M | 7.99M | 0 | 0 | 0 | 0 | 0 | 0 |
MSA Cash Flow Statement
MSA Safety Incorporated (MSA) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 230.34M | 266.81M | 164.96M | 206.56M | 199.15M | 157.46M | 92.86M | 296.43M | 363.87M | 377.72M |
Operating CF Margin % | 19.25% | 19.65% | 11.77% | 15.32% | 14.22% | 10.3% | 5.19% | 16.39% | 19.41% | - |
Operating CF Growth % | 70.75% | 15.84% | -38.17% | 25.21% | -3.59% | -20.93% | -41.03% | 219.23% | 22.75% | 95.26% |
Net Income | 26.96M | 125.11M | 137.65M | 121.16M | 21.79M | 179.63M | 58.58M | 284.97M | 278.92M | 290.59M |
Depreciation & Amortization | 37.88M | 37.85M | 38.02M | 39.67M | 50.32M | 56.32M | 60.77M | 64.33M | 71.59M | 73.69M |
Stock-Based Compensation | 11.76M | 12.24M | 13.76M | 6.92M | 18.91M | 19.65M | 30.02M | 18.18M | 0 | 8.72M |
Deferred Taxes | -31.32M | -4.07M | 1.27M | -3.32M | -38.85M | 5.17M | 0 | -98K | 0 | -224K |
Other Non-Cash Items | 19.56M | -8.17M | -15.03M | 35.44M | 205.21M | -6.63M | -151.25M | -11.57M | 6.44M | -3.01M |
Working Capital Changes | 165.5M | 103.85M | -10.71M | 6.68M | -58.22M | -96.68M | 94.73M | -59.39M | 6.91M | 7.95M |
Change in Receivables | -6.38M | -10.07M | 16.54M | 7.68M | 4.37M | -38.59M | -7.1M | -1.38M | -5.17M | 8.55M |
Change in Inventory | -30.36M | -11.12M | -23.25M | -8.6M | -17.83M | -67.37M | 51.59M | -14.67M | -10.46M | -6.04M |
Change in Payables | -19.42M | 17.98M | 5.8M | 13.54M | 13.3M | 7.58M | -5.45M | 3.06M | -4.66M | -13.16M |
Cash from Investing | -239.2M | -87.32M | -64.16M | -72.77M | -415.47M | -4.48M | -39.95M | -53.76M | -257.63M | -257.42M |
Capital Expenditures | -23.73M | -36.89M | -36.6M | -48.91M | -49.12M | -43.94M | -42.76M | -54.22M | -68.44M | -68.24M |
CapEx % of Revenue | 1.98% | 2.72% | 2.61% | 3.63% | 3.51% | 2.88% | 2.39% | 3% | 3.65% | 3.56% |
Acquisitions | -216.31M | 33.96M | -33.2M | 48.91M | -392.44M | 1.39M | 0 | 0 | -189.28M | -1.47M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 832K | -47.37M | 169.46M | -223.45M | 0 | -1.39M | 2.81M | 468K | 79K | -187.71M |
Cash from Financing | 23.07M | -163.27M | -84.62M | -126.53M | 203.93M | -113.35M | -52.25M | -208.69M | -105.47M | -107.08M |
Debt Issued (Net) | 77.25M | -107.62M | -16.57M | -44M | 291.07M | -13M | 23.9M | -94.25M | 67.31M | 38.16M |
Equity Issued (Net) | -17.51M | -4.82M | -4.54M | -15.95M | 454K | -28.85M | -1.52M | -35.48M | -87.35M | -109.67M |
Dividends Paid | -52.54M | -57.25M | -63.52M | -66.58M | -68.59M | -71.5M | -73.49M | -78.76M | -82.34M | -82.87M |
Share Repurchases | -17.51M | -4.82M | -12.65M | -29.14M | -6.17M | -34.39M | -3.96M | -37.34M | -89.96M | -112.1M |
Other Financing | 18.41M | 6.42M | 0 | 0 | -19.01M | 0 | -1.14M | 0 | -3.08M | 47.3M |
Net Change in Cash | 20.48M▲ 0% | 2.71M▼ 86.7% | 11.94M▲ 339.7% | 8.49M▼ 28.9% | -19.6M▼ 330.8% | 22.99M▲ 217.3% | -16.02M▼ 169.7% | 16.69M▲ 204.2% | -30K▼ 100.2% | 8.86M▲ 0% |
Free Cash Flow | 206.61M▲ 0% | 229.93M▲ 11.3% | 128.36M▼ 44.2% | 157.65M▲ 22.8% | 150.02M▼ 4.8% | 113.51M▼ 24.3% | 50.09M▼ 55.9% | 242.21M▲ 383.5% | 295.43M▲ 22.0% | 309.48M▲ 0% |
FCF Margin % | 17.26% | 16.93% | 9.16% | 11.69% | 10.71% | 7.43% | 2.8% | 13.4% | 15.76% | 16.14% |
FCF Growth % | 88.91% | 11.29% | -44.17% | 22.82% | -4.84% | -24.34% | -55.87% | 383.51% | 21.97% | 22.04% |
FCF per Share | 5.34 | 5.90 | 3.28 | 4.01 | 3.80 | 2.88 | 1.27 | 6.13 | 7.51 | 7.94 |
FCF Conversion (FCF/Net Income) | 8.85x | 2.15x | 1.20x | 1.66x | 9.33x | 0.88x | 1.59x | 1.04x | 1.30x | 1.07x |
Interest Paid | 15.5M | 20.41M | 14.49M | 9.86M | 9.29M | 20.74M | 47.26M | 35.7M | 32.13M | 0 |
Taxes Paid | 40.38M | 40.59M | 48.67M | 61.07M | 45.56M | 60.49M | 69.08M | 102.67M | 101.61M | 0 |
MSA Key Ratios
MSA Safety Incorporated (MSA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 4.44% | 19.82% | 20.03% | 15.71% | 2.54% | 20.43% | 6.2% | 27.01% | 22.22% | 22.03% |
Return on Invested Capital (ROIC) | 3.32% | 14.34% | 15.29% | 12.78% | 1.44% | 13.28% | 12.24% | 19.46% | 17.94% | 17.45% |
Gross Margin | 45.03% | 45.05% | 45.55% | 44.17% | 43.95% | 44.1% | 47.67% | 47.59% | 46.46% | 46.8% |
Net Margin | 2.17% | 9.14% | 9.84% | 9.2% | 1.52% | 11.76% | 3.28% | 15.76% | 14.88% | 15.16% |
Debt / Equity | 0.78x | 0.56x | 0.55x | 0.42x | 0.77x | 0.66x | 0.67x | 0.48x | 0.46x | 0.45x |
Interest Coverage | 2.94x | 9.60x | 14.67x | 18.83x | 3.19x | 12.01x | 5.42x | 11.17x | 12.64x | 12.70x |
FCF Conversion | 8.85x | 2.15x | 1.20x | 1.66x | 9.33x | 0.88x | 1.59x | 1.04x | 1.30x | 1.07x |
Revenue Growth | 4.11% | 13.48% | 3.23% | -3.83% | 3.85% | 9.13% | 17% | 1.15% | 3.69% | 5.56% |
Related:MSA Dividend History·MSA Revenue History·MSA Price History·MSA P/E History·MSA Financial Ratios·MSA Institutional Holders
MSA SEC Filings & Documents
MSA Safety Incorporated (MSA) SEC filings — annual & quarterly reports (10-K, 10-Q)
MSA Frequently Asked Questions
MSA Safety Incorporated (MSA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
MSA Safety Incorporated (MSA) reported $1.92B in revenue for fiscal year 2025. This represents a 283% increase from $501.0M in 1996.
MSA Safety Incorporated (MSA) grew revenue by 3.7% over the past year. Growth has been modest.
Yes, MSA Safety Incorporated (MSA) is profitable, generating $290.6M in net income for fiscal year 2025 (14.9% net margin).
Dividend & Returns
Yes, MSA Safety Incorporated (MSA) pays a dividend with a yield of 1.27%. This makes it attractive for income-focused investors.
MSA Safety Incorporated (MSA) has a return on equity (ROE) of 22.2%. This is excellent, indicating efficient use of shareholder capital.
MSA Safety Incorporated (MSA) generated $309.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.