MSA Safety Inc (MSA) Financial Statements
Industry: Orthopedic, Prosthetic & Surgical Appliances & Supplies
In fiscal 2025, MSA Safety reported revenue of $1.87B, up 3.7% from $1.81B the year before. Net income was $278.9M (a 14.9% net margin), or $7.09 per diluted share. Gross margin was 46.5% and operating margin was 19.8%. Operating activities generated $363.9M of cash, leaving $295.4M of free cash flow. At fiscal year end, MSA Safety held $2.55B in total assets against $1.19B in total liabilities, including $165.1M of cash and equivalents.
Open the full interactive MSA Safety financials → Quarterly statements, key ratios, valuation history and price charts.
MSA Safety Key Stats
| Share Price | $181.79 |
|---|---|
| Market Cap | $7.03B |
| P/E Ratio | 25.6 |
| Dividend Yield | 1.18% |
| Revenue YoY Growth | +3.7% |
| 52-Week Range | $151.64 – $201.35 |
| Shares Outstanding | 38.6 million (basic, 2026 Q2) |
MSA Safety Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.35B | $1.40B | $1.53B | $1.79B | $1.81B | $1.87B |
| Cost of Goods Sold | $757.8M | $784.8M | $854.1M | $935.5M | $947.7M | $1.00B |
| Gross Profit | $590.4M | $615.3M | $673.8M | $852.1M | $860.4M | $871.1M |
| Operating Income | $166.9M | $22.8M | $239.1M | $231.3M | $389.2M | $371.8M |
| Pre-Tax Income | $163.1M | $23.6M | $238.5M | $206.7M | $375.0M | $366.4M |
| Income Tax | $41.9M | $1.8M | $58.9M | $148.1M | $90.0M | $87.5M |
| Net Income | $120.1M | $21.3M | $179.6M | $58.6M | $285.0M | $278.9M |
| Diluted EPS | $3.06 | $0.54 | $4.56 | $1.48 | $7.21 | $7.09 |
MSA Safety Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $468.4M | $510.9M | $463.6M | $503.3M |
| Net Income | $69.6M | $86.9M | $71.3M | $86.2M |
| Diluted EPS | $1.77 | $2.21 | $1.83 | $2.23 |
MSA Safety Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $160.7M | $140.9M | $162.9M | $146.4M | $164.6M | $165.1M |
| Current Assets | $754.3M | $792.8M | $880.1M | $786.3M | $803.0M | $869.3M |
| Total Assets | $1.87B | $2.40B | $2.38B | $2.17B | $2.21B | $2.55B |
| Current Liabilities | $310.5M | $330.6M | $345.9M | $332.8M | $288.1M | $289.2M |
| Total Long-Term Debt | $307.2M | $597.7M | $572.8M | $601.7M | $508.0M | $580.9M |
| Total Liabilities | $1.06B | $1.56B | $1.45B | $1.20B | $1.06B | $1.19B |
| Shareholders' Equity | $801.9M | $834.4M | $923.7M | $966.8M | $1.14B | $1.37B |
MSA Safety Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $206.6M | $199.1M | $157.5M | $92.9M | $296.4M | $363.9M |
| Cash From Investing | -$72.8M | -$415.5M | -$4.5M | -$40.0M | -$53.8M | -$257.6M |
| Cash From Financing | -$126.5M | $203.9M | -$113.3M | -$52.3M | -$208.7M | -$105.5M |
| Free Cash Flow | $157.7M | $155.3M | $114.9M | $50.1M | $242.2M | $295.4M |
| Dividends Paid | $66.6M | $68.6M | $71.5M | $73.5M | $78.8M | $82.3M |
Figures from MSA Safety's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full MSA Safety financials page for every line item.
MSA Safety Company Profile
| Ticker | MSA |
|---|---|
| Exchange | NYSE, OTC |
| Industry | Orthopedic, Prosthetic & Surgical Appliances & Supplies |
| Headquarters | Cranberry Township, Pennsylvania |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000066570 |
Frequently Asked Questions
What was MSA Safety's revenue in fiscal 2025?
MSA Safety (MSA) reported revenue of $1.87B for fiscal 2025.
What is MSA Safety's annual revenue history?
MSA Safety's annual revenue by fiscal year: 2020: $1.35B; 2021: $1.40B; 2022: $1.53B; 2023: $1.79B; 2024: $1.81B; 2025: $1.87B.
What was MSA Safety's net income in fiscal 2025?
MSA Safety reported net income of $278.9M for fiscal 2025.
What was MSA Safety's earnings per share (EPS) in fiscal 2025?
MSA Safety's diluted EPS was $7.09 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did MSA Safety generate in fiscal 2025?
MSA Safety generated $295.4M of free cash flow in fiscal 2025.
What was MSA Safety's revenue last quarter?
In its most recent reported quarter (2026 Q2), MSA Safety reported revenue of $503.3M.
How much debt does MSA Safety have?
MSA Safety reported $580.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of MSA Safety are outstanding?
MSA Safety reported a weighted average of 38.6 million basic shares outstanding in 2026 Q2.
What is MSA Safety's market cap?
Based on its latest closing price, MSA Safety (MSA) has a market capitalization of about $7.03B.
When does MSA Safety's fiscal year end?
MSA Safety's fiscal year end, as registered with the SEC, is December 31.
Where is MSA Safety headquartered?
MSA Safety lists its business address in Cranberry Township, Pennsylvania in its SEC filings.
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