MSA Safety Incorporated (MSA) quarterly cash flow statement — complete operating, investing & financing history
MSA Safety Incorporated (MSA) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 95.38M | 75.69M | 122.35M | 112.46M | 67.22M | 61.83M | 107.91M | 84.33M | 53.3M | 50.89M | 158.91M | 124.78M | 95.07M | -285.91M | 53.55M | 63.93M | 15.45M | 24.52M | 69M | 46.23M |
| Operating CF Margin % | 18.95% | 16.32% | 23.95% | 24.01% | 14.18% | 14.68% | 21.59% | 19.49% | 11.53% | 12.31% | 32.08% | 27.93% | 21.25% | -71.79% | 12.08% | 16.75% | 4.15% | 7.42% | 16.82% | 13.59% |
| Operating CF Growth % | 41.89% | 22.41% | 13.39% | 33.36% | 26.11% | 21.51% | -32.1% | -32.42% | -43.93% | 117.8% | 196.75% | 95.2% | 515.21% | -1265.88% | -22.39% | 38.28% | -59.65% | -46.24% | -28.42% | 70.36% |
| Net Income | 86.19M | 71.27M | 86.93M | 69.61M | 62.77M | 59.6M | 87.95M | 66.65M | 72.23M | 58.14M | 76.39M | 65.26M | 67.09M | -150.17M | 51.49M | 44.91M | 47.69M | 35.54M | -61.48M | 18.82M |
| Depreciation & Amortization | 19.32M | 18.35M | 18.66M | 18.59M | 18.1M | 16.25M | 16.77M | 15.96M | 16.05M | 15.56M | 15.81M | 15.5M | 14.89M | 14.57M | 14.43M | 13.8M | 13.92M | 14.16M | 14.05M | 14.18M |
| Stock-Based Compensation | 0 | 3.81M | 3.85M | 3.35M | 5.37M | 2.63M | 4.74M | 4.22M | 5.04M | 4.19M | 8.52M | 8.48M | 6.76M | 6.27M | 8.32M | 2.97M | 4.63M | 3.73M | 5.35M | 2.87M |
| Deferred Taxes | 0 | 0 | -4.66M | 0 | -224K | -83K | 1.83M | 298K | -36K | -2.19M | -7.98M | -8.29M | -4.71M | 199.34M | 7.62M | -925K | -954K | -572K | -32.19M | -3.22M |
| Other Non-Cash Items | 2.44M | -6.25M | -1.68M | -1.72M | 1.21M | -1.6M | -7.98M | -332K | -2.11M | -1.14M | 6.37M | -182K | -2.05M | -352.9M | -5.09M | -2.04M | -4.84M | 3.59M | 186.87M | 350K |
| Working Capital Changes | -12.58M | -11.5M | 19.26M | 22.63M | -20M | -14.97M | 4.6M | -2.46M | -37.87M | -23.67M | 59.82M | 44.02M | 13.09M | -3.01M | -23.23M | 5.22M | -45M | -31.93M | -43.6M | 13.22M |
| Change in Receivables | -22.11M | -19.12M | 2.71M | 29.19M | -23.34M | -13.73M | -9.35M | 23.76M | -27.93M | 12.13M | 347K | 2.96M | -32.07M | 21.66M | -40.55M | 14.46M | -25.87M | 13.37M | -35.79M | 12.92M |
| Change in Inventory | 2.27M | -8.69M | 12.62M | -11.94M | -6.72M | -4.42M | 44.86M | -26.73M | -17.85M | -14.95M | 36.2M | 9.49M | 13.3M | -7.4M | 19.23M | -16.87M | -28.91M | -40.82M | 14.94M | -11.33M |
| Change in Payables | 5.19M | 7.46M | -10.12M | -7.45M | 4.41M | 8.5M | -14.25M | -3.67M | 14.8M | 6.17M | -1.23M | 2.53M | 564K | -7.32M | 4.96M | -4.48M | 5.7M | 1.41M | 14.15M | 708K |
| Cash from Investing | -12.67M | -10.55M | -17.77M | -11.99M | -217.11M | -10.77M | -14.03M | -14.24M | -14.27M | -11.22M | -11.66M | -12.64M | -7.28M | -8.37M | -89K | 1.2M | -6.65M | 1.05M | -12.89M | -344.41M |
| Capital Expenditures | -12.67M | -10.59M | -16.33M | -11.99M | -29.33M | -10.78M | -14.41M | -14.25M | -14.34M | -11.22M | -11.79M | -12.66M | -9.92M | -8.4M | -15.23M | -8.95M | -11.83M | -7.98M | -12.91M | -15.98M |
| CapEx % of Revenue | 2.52% | 2.28% | 3.2% | 2.56% | 6.19% | 2.56% | 2.88% | 3.29% | 3.1% | 2.71% | 2.38% | 2.83% | 2.22% | 2.11% | 3.44% | 2.34% | 3.18% | 2.41% | 3.15% | 4.7% |
| Acquisitions | 0 | 34K | -1.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.98M | 0 | -5.18M | 0 | 5.35M | -329.44M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2K | 0 | 60K | 0 | -187.77M | 18K | 378K | 16K | 74K | 0 | 121K | 16K | 2.64M | 35K | -43.98M | 38K | 5.18M | 0 | -5.35M | 33.98M |
| Cash from Financing | -58.73M | -47.22M | -107.64M | -71.81M | 119.59M | -45.61M | -72.52M | -68.45M | -38.63M | -29.09M | -162.76M | -86.08M | -76.18M | 272.77M | -57.19M | -26.39M | -13.87M | -15.9M | -29.51M | 244.88M |
| Debt Issued (Net) | 0 | 33.76M | -115.31M | -49.91M | 172.69M | -7.47M | -43.25M | -37.74M | -8.25M | -5.01M | -144.75M | -68.42M | -58.56M | 295.41M | -40M | -10M | 32M | 5M | -15.71M | 281.86M |
| Equity Issued (Net) | -15.68M | -50.45M | -38.92M | 8.88M | -29.18M | -18.11M | -9.18M | -10.43M | -10.99M | -5.84M | -20K | -70K | -184K | -3.69M | -29K | -2.21M | -28.5M | -3.66M | -34K | -116K |
| Dividends Paid | -20.85M | -20.56M | -20.71M | -20.76M | -20.85M | -20.03M | -20.09M | -20.08M | -20.1M | -18.49M | -18.49M | -18.48M | -18.47M | -18.05M | -18.05M | -18.05M | -18.11M | -17.29M | -17.26M | -17.25M |
| Share Repurchases | -15.68M | -50.45M | -40M | 8.88M | -30.53M | -18.34M | -9.91M | -10.6M | -10.99M | -5.84M | -20K | -70K | -184K | -3.69M | -29K | -2.21M | -28.5M | -3.66M | -34K | -626K |
| Other Financing | -22.19M | -9.97M | 67.29M | -10.02M | -3.06M | 0 | 0 | -200K | 707K | 253K | 499K | 898K | 1.03M | -909K | 892K | 3.87M | 733K | 51K | 3.5M | -19.6M |
| Net Change in Cash | 18.72M | 14.17M | -4.93M | 22.98M | -23.35M | 6.2M | 10.13M | 6.13M | -1.48M | 1.91M | -18.03M | 17.56M | 8.24M | -23.79M | 3.14M | 25.72M | -12.18M | 6.31M | 23.59M | -56.57M |
| Free Cash Flow | -12.67M | 65.1M | 106.02M | 100.48M | 37.88M | 51.05M | 93.5M | 70.08M | 38.96M | 39.67M | 147.13M | 112.13M | 85.15M | -294.31M | 38.33M | 54.98M | 3.62M | 16.55M | 56.09M | 30.25M |
| FCF Margin % | -2.52% | 14.04% | 20.75% | 21.45% | 7.99% | 12.12% | 18.71% | 16.2% | 8.42% | 9.6% | 29.7% | 25.1% | 19.04% | -73.9% | 8.65% | 14.4% | 0.97% | 5% | 13.67% | 8.89% |
| FCF Growth % | -133.45% | 27.52% | 13.39% | 43.38% | -2.76% | 28.69% | -36.45% | -37.5% | -54.24% | 113.48% | 283.9% | 103.95% | 2249.56% | -1878.64% | -31.67% | 81.78% | -86.87% | -54.08% | -30.05% | 111.92% |
| FCF per Share | -0.33 | 1.67 | 2.70 | 2.55 | 0.96 | 1.29 | 2.37 | 1.77 | 0.99 | 1.00 | 3.72 | 2.84 | 2.16 | -7.50 | 0.97 | 1.40 | 0.09 | 0.42 | 1.43 | 0.77 |
| FCF Conversion (FCF/Net Income) | 1.11x | 1.06x | 1.41x | 1.62x | 1.07x | 1.04x | 1.23x | 1.27x | 0.74x | 0.88x | 2.08x | 1.91x | 1.42x | 1.90x | 1.04x | 1.42x | 0.32x | 0.69x | -1.17x | 2.18x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |