◆ TICKERBASE · GLOBAL STOCK FINANCIAL DATA LIBRARY

Home › All stocks › M › MSA

MSA Safety (MSA) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · SECURITY & PROTECTION SERVICES · DATA UPDATED 2026-08-14

MSA Safety (MSA) operates in the SECURITY & PROTECTION SERVICES industry and is headquartered in Cranberry Township, United States with about 5,300 employees. Its market capitalization is roughly $7 billion. In the fiscal year ended 2025-12-31, MSA reported $1.9B in revenue and $279M in net income.

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect workers and facility infrastructures worldwide.

Interactive charts & full statements → Open the MSA valuation workbench →

MSA Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$1.9B	$1.9B	$1.8B	$1.8B	$1.5B	$1.4B	$1.3B	$1.4B	$1.4B	$1.2B	$1.1B	$1.1B	$1.1B	$1.1B	$1.1B	$1.1B	$977M	$916M	$1.1B	$1.0B	$919M
Gross Profit	$926M	$871M	$860M	$852M	$674M	$615M	$595M	$639M	$612M	$539M	$522M	$501M	$515M	$497M	$490M	$458M	$370M	$343M	$438M	$391M	$351M
Gross Margin %	47.6%	46.5%	47.6%	47.7%	44.1%	44.0%	44.2%	45.6%	45.1%	45.0%	45.4%	44.3%	45.5%	44.7%	44.1%	41.2%	37.9%	37.4%	38.4%	38.9%	38.2%
Operating Income (EBIT)	$454M	$402M	$389M	$231M	$239M	$23M	$172M	$188M	$173M	$40M	$161M	$137M	$144M	$142M	$136M	$121M	$66M	$72M	$132M	$116M	$102M
Operating Margin %	23.3%	21.4%	21.5%	12.9%	15.7%	1.6%	12.8%	13.4%	12.8%	3.3%	14.0%	12.1%	12.7%	12.8%	12.2%	10.9%	6.8%	7.8%	11.6%	11.5%	11.1%
Net Income	$314M	$279M	$285M	$59M	$180M	$21M	$124M	$138M	$124M	$26M	$92M	$71M	$89M	$88M	$91M	$70M	$38M	$43M	$70M	$68M	$64M
Net Margin %	16.1%	14.9%	15.8%	3.3%	11.8%	1.5%	9.2%	9.8%	9.1%	2.2%	8.0%	6.3%	7.8%	7.9%	8.2%	6.3%	3.9%	4.7%	6.2%	6.7%	7.0%
EBITDA	$520M	$470M	$476M	$314M	$317M	$85M	$217M	$237M	$219M	$83M	$204M	$154M	$167M	$162M	$172M	$148M	$95M	$100M	$160M	$140M	$131M
Earnings Per Share (EPS)	$8.02	$7.09	$7.21	$1.48	$4.56	$0.54	$3.16	$3.52	$3.19	$0.67	$2.42	$1.88	$2.35	$2.36	$2.45	$1.90	$1.05	$1.21	$1.96	$1.87	$1.73
Shares Outstanding (M)	39M	39M	40M	39M	39M	39M	39M	39M	39M	39M	38M	38M	38M	37M	37M	37M	36M	36M	36M	36M	37M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MSA Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total Revenue	$503M	$464M	$511M	$468M	$474M	$421M	$500M	$433M
Gross Profit	$249M	$220M	$239M	$218M	$221M	$193M	$234M	$207M
Gross Margin %	49.5%	47.4%	46.9%	46.5%	46.6%	45.9%	46.9%	47.9%
Operating Income (EBIT)	$118M	$98M	$144M	$94M	$86M	$78M	$118M	$91M
Operating Margin %	23.4%	21.1%	28.2%	20.1%	18.1%	18.5%	23.5%	21.1%
Net Income	$86M	$71M	$87M	$70M	$63M	$60M	$88M	$67M
Net Margin %	17.1%	15.4%	17.0%	14.9%	13.2%	14.1%	17.6%	15.4%
EBITDA	$137M	$119M	$144M	$119M	$109M	$101M	$141M	$113M
Earnings Per Share (EPS)	$2.21	$1.83	$2.21	$1.77	$1.59	$1.51	$2.23	$1.69
Shares Outstanding (M)	39M	39M	39M	39M	39M	40M	39M	39M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MSA Free Cash Flow History

Cash flow	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$406M	$364M	$296M	$93M	$157M	$199M	$207M	$165M	$267M	$230M	$135M	$55M	$107M	$111M	$150M	$85M	$32M	$121M	$60M	$41M	$63M
Capital Expenditures (CapEx)	$52M	$68M	$54M	$43M	$44M	$49M	$49M	$37M	$37M	$24M	$26M	$36M	$34M	$37M	$32M	$30M	$25M	$26M	$44M	$33M	$23M
Free Cash Flow (FCF)	$354M	$295M	$242M	$50M	$114M	$150M	$158M	$128M	$230M	$207M	$109M	$19M	$73M	$74M	$118M	$55M	$7M	$95M	$15M	$8M	$40M
FCF Margin %	18.2%	15.8%	13.4%	2.8%	7.4%	10.7%	11.7%	9.2%	16.9%	17.3%	9.5%	1.7%	6.5%	6.7%	10.7%	4.9%	0.7%	10.4%	1.4%	0.8%	4.4%
Dividends Paid	$83M	$82M	$79M	$73M	$71M	$69M	$67M	$64M	$57M	$53M	$49M	$47M	$46M	$44M	$51M	$38M	$36M	$35M	$34M	$30M	$25M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MSA Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Cash from Operations (CFO)	$95M	$76M	$122M	$112M	$67M	$62M	$108M	$84M
Capital Expenditures (CapEx)	$13M	$11M	$16M	$12M	$29M	$11M	$14M	$14M
Free Cash Flow (FCF)	$83M	$65M	$106M	$100M	$38M	$51M	$93M	$70M
FCF Margin %	16.4%	14.0%	20.8%	21.4%	8.0%	12.1%	18.7%	16.2%
Dividends Paid	$21M	$21M	$21M	$21M	$21M	$20M	$20M	$20M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MSA Balance Sheet History

Balance sheet	2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$2.6B	$2.6B	$2.2B	$2.2B	$2.4B	$2.4B	$1.9B	$1.7B	$1.6B	$1.7B	$1.4B	$1.4B	$1.3B	$1.2B	$1.1B	$1.1B	$1.2B	$875M	$876M	$1.0B	$899M
Cash & Cash Equivalents	$200M	$165M	$165M	$146M	$163M	$141M	$161M	$152M	$140M	$134M	$114M	$106M	$106M	$96M	$83M	$60M	$60M	$62M	$51M	$75M	$61M
Total Liabilities	$1.2B	$1.2B	$1.1B	$1.2B	$1.5B	$1.6B	$1.1B	$1.0B	$968M	$1.1B	$793M	$908M	$726M	$662M	$641M	$676M	$741M	$436M	$481M	$554M	$461M
Total Debt (Short + Long-Term)	$600M	$581M	$508M	$602M	$573M	$607M	$307M	$348M	$361M	$475M	$391M	$467M	$252M	$268M	$279M	$342M	$377M	$98M	$155M	$158M	$115M
Total Shareholders' Equity	$1.4B	$1.4B	$1.1B	$967M	$924M	$834M	$839M	$726M	$640M	$603M	$561M	$516M	$539M	$572M	$471M	$439M	$451M	$437M	$394M	$462M	$438M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MSA viewer.

Other Companies in SECURITY & PROTECTION SERVICES

ADT · ADT Inc — $5 billion
BCO · Brinks Company — $4 billion
GEO · Geo Group Inc — $4 billion
BRC · Brady Corporation — $4 billion
CXW · CoreCivic Inc — $3 billion
NSSC · NAPCO Security Technologies Inc — $1 billion
EVLV · Evolv Technologies Holdings Inc — $901 million

← MS All “M” companies MSAG →

About TickerBase · Data methodology & sources · Privacy · Terms

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.