# Msa Safety Inc. (MSA)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $6.29B  
**Price:** $159.89 (+0.25%)

> Msa Safety Inc. is a prominent company specializing in the development, manufacturing, and supply of safety products designed to protect workers and facilities across a range of industries. The company is known for producing safety gear such as hard hats, gas detection systems, self-contained breathing apparatus, thermal imaging cameras, and protective clothing, among other products. Its primary function is to enhance the safety and well-being of employees in high-risk environments including sectors like firefighting, construction, mining, and oil & gas. 

Msa Safety Inc. holds a significant role in the market by providing essential safety equipment that adheres to strict regulatory standards and meets evolving industrial needs. By integrating cutting-edge technology and rigorous safety protocols, Msa Safety ensures its products not only meet but exceed client expectations, fostering a dependable user experience. The company's commitment to innovation and strategic partnerships allows it to maintain its competitive edge, reinforcing its status as a global leader in the occupational safety industry.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.87B | $871M | $372M | $279M | $7.09 |
| 2024 | $1.81B | $860M | $389M | $285M | $7.21 |
| 2023 | $1.79B | $852M | $231M | $59M | $1.48 |
| 2022 | $1.53B | $674M | $239M | $180M | $4.56 |
| 2021 | $1.40B | $615M | $23M | $21M | $0.54 |
| 2020 | $1.35B | $590M | $167M | $120M | $3.15 |
| 2019 | $1.40B | $637M | $186M | $136M | $3.52 |
| 2018 | $1.36B | $612M | $173M | $124M | $3.18 |
| 2017 | $1.20B | $540M | $43M | $26M | $0.67 |
| 2016 | $1.15B | $524M | $164M | $92M | $2.42 |
| 2015 | $1.13B | $501M | $123M | $71M | $1.87 |
| 2014 | $1.14B | $515M | $134M | $89M | $2.33 |
| 2013 | $1.11B | $497M | — | $88M | $2.34 |
| 2012 | $1.18B | $503M | — | $91M | $2.42 |
| 2011 | $1.18B | $470M | — | $70M | $1.87 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.55B | $1.19B | $1.37B | $165M | $573M |
| 2024 | $2.21B | $1.06B | $1.14B | $165M | $482M |
| 2023 | $2.17B | $1.20B | $967M | $146M | $575M |
| 2022 | $2.38B | $1.45B | $924M | $163M | $565M |
| 2021 | $2.40B | $1.56B | $834M | $141M | $598M |
| 2020 | $1.87B | $1.06B | $810M | $161M | $287M |
| 2019 | $1.74B | $1.01B | $733M | $152M | $328M |
| 2018 | $1.61B | $968M | $640M | $140M | $341M |
| 2017 | $1.68B | $1.08B | $603M | $134M | $448M |
| 2016 | $1.35B | $793M | $561M | $114M | $364M |
| 2015 | $1.42B | $908M | $517M | $106M | $460M |
| 2014 | $1.26B | $726M | $539M | $106M | $245M |
| 2013 | $1.23B | $662M | $572M | $96M | $261M |
| 2012 | $1.11B | $641M | $471M | $83M | $272M |
| 2011 | $1.12B | $676M | $439M | $60M | $334M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | — | $68M | $295M |
| 2024 | — | $54M | $242M |
| 2023 | — | $43M | $50M |
| 2022 | — | $43M | $115M |
| 2021 | — | $44M | $155M |
| 2020 | — | $49M | $158M |
| 2019 | — | $37M | $128M |
| 2018 | — | $34M | $230M |
| 2017 | — | $24M | $207M |
| 2016 | — | $26M | $109M |
| 2015 | — | $36M | $19M |
| 2014 | — | $34M | $73M |
| 2013 | — | $37M | $74M |
| 2012 | — | $32M | $118M |
| 2011 | — | $30M | $55M |

Source: [DividendWall](https://dividendwall.com/company/MSA)