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Home›MSA›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

MSA Safety Inc (MSA) financials

Income statement

MSA Safety Inc (MSA) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.15B$1.20B$1.36B$1.40B$1.35B$1.40B$1.53B$1.79B$1.81B$1.87B
Revenue growth—4.1%13.5%3.2%-3.8%3.9%9.1%17.0%1.1%3.7%
Gross profit$522M$539M$612M$639M$595M$615M$674M$852M$860M$871M
Gross margin45.4%45.0%45.1%45.6%44.2%43.9%44.1%47.7%47.6%46.5%
Operating income$161M$39.6M$173M$188M$172M$22.8M$239M$231M$389M$372M
Operating margin14.0%3.3%12.8%13.4%12.7%1.6%15.7%12.9%21.5%19.8%
Net income$91.9M$26.0M$124M$138M$124M$21.3M$180M$58.6M$285M$279M
Net margin8.0%2.2%9.1%9.8%9.2%1.5%11.8%3.3%15.8%14.9%
EPS (diluted)$2.42$0.67$3.18$3.52$3.15$0.54$4.56$1.48$7.21$7.09

Cash flow

MSA Safety Inc (MSA) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$135M$230M$264M$165M$207M$199M$157M$92.9M$296M$364M
Capital expenditures$25.5M$23.7M$34.0M$36.6M$48.9M$43.8M$42.6M$42.8M$54.2M$68.4M
Free cash flow$109M$207M$230M$128M$158M$155M$115M$50.1M$242M$295M
Dividends paid$49.1M$52.5M$57.2M$63.5M$66.6M$68.6M$71.5M$73.5M$78.8M$82.3M

Balance sheet

MSA Safety Inc (MSA) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$114M$134M$140M$152M$161M$141M$163M$146M$165M$165M
Total assets$1.35B$1.68B$1.61B$1.78B$1.92B$2.40B$2.38B$2.17B$2.21B$2.55B
Total liabilities$793M$1.08B$968M$1.01B$1.07B$1.56B$1.45B$1.20B$1.06B$1.19B
Long-term debt$364M$448M$341M$328M$287M$598M$565M$575M$482M$573M
Shareholders' equity$561M$603M$640M$733M$847M$834M$924M$967M$1.14B$1.37B
Retained earnings$901M$869M$936M$1.01B$1.10B$1.05B$1.16B$1.14B$1.35B$1.55B
Shares (wtd avg diluted)38.0M38.7M39.0M39.2M39.3M39.4M39.4M39.5M39.5M39.3M

Every figure is extracted from MSA Safety Inc’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is MSA Safety Inc's annual revenue?
MSA Safety Inc (MSA) reported $1.87B of revenue for fiscal year 2025 — up 3.7% from $1.81B in FY2024, per its annual report filed with the SEC.
Is MSA Safety Inc profitable?
Yes — MSA earned $279M of net income in FY2025, a 14.9% net margin, per SEC filings.
What is MSA Safety Inc's free cash flow?
$295M in FY2025 (operating cash flow $364M minus $68.4M of capital expenditures), from the SEC cash-flow statement.
Does MSA pay a dividend?
Yes — MSA Safety Inc paid $82.3M in cash dividends during FY2025, per its SEC cash-flow statement.
Full MSA analysis — verdict, score & filings →Is MSA a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.