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Financial data sourced from official regulatory filings and verified market data providers. Metrics calculated using GAAP/IFRS standards.

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The analyses and visuals on this site are for informational purposes only and do not constitute investment advice.

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Last updated: April 2026

MSA FINANCIAL STATEMENTS

MSA Safety — balance sheet, income statement and cash flow trends

MSAMSA Safety

🇺🇸 USA · NYSE · Industrials · Security & Protection Services

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
01 B2 B202120222023202420252026

Profit Funnel

Q1 2026 · TTM
Revenue1.9 B $Gross Profit897.3 M $ · 47%Operating Income422 M $ · 22%Pre-tax Income381.4 M $ · 20%Net Income290.6 M $ · 15%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue1.9 B $+5.6%
Gross Profit897.3 M $+4.5%
Operating Income422 M $+9.1%
EBITDA491.6 M $+3.4%
Net Income290.6 M $+1.5%

Peer Comparison· Security & Protection Services

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
MSA5.6%46.8%25.6%15.2%
ASSA-B-1.8%43.1%20.3%10.5%
Industry median8.1%41.8%19.8%11.3%
CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
MSA5.6%46.8%25.6%15.2%
ADT3.3%50.4%55.2%12.1%
BRC11.1%51.1%19.3%12.9%
BCO7.3%26.1%16.4%3.3%
GEO12.7%40.4%22.7%10.0%
ALLE8.9%45.0%24.1%15.2%
Industry median8.1%41.8%19.8%11.3%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
01 B2 B202120222023202420252026

Capital Structure

Q1 2026
Total Assets2.6 B
  • Equity1.4 B $53%
  • Current Liabilities281.3 M $11%
  • Long-term Liabilities927.4 M $36%

Key Figures

YoY change
Total Assets2.6 B $+14.7%
Total Liabilities1.2 B $+15.6%
Total Equity1.4 B $+13.9%
Cash & ST Investments180.2 M $+5.6%
Total Debt658.3 M $+20.2%
Net Debt478.2 M $+26.8%

Peer Comparison· Security & Protection Services

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
MSA3.1748.6%0.9752.9%
ASSA-B1.0061.3%2.1049.6%
Industry median1.9654.9%2.2141.1%
CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
MSA3.1748.6%0.9752.9%
ADT0.84201.8%2.6623.9%
BRC2.016.6%-0.2873.4%
BCO1.531,704.8%2.683.6%
GEO40.05110.9%2.5539.3%
ALLE1.9196.6%1.7239.6%
Industry median1.9654.9%2.2141.1%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
-200 M0200 M400 M202120222023202420252026

Cash Flow Bridge

Q1 2026 · TTM
0200 M377.7 M $Operating-257.4 M $Investing-107.1 M $Financing13.2 M $Net Change

Key Figures

YoY change
Operating Cash Flow377.7 M $+22.9%
Capital Expenditures68.2 M $+26.9%
Free Cash Flow309.5 M $+22.0%
Dividends Paid-82.9 M $-203.2%

Peer Comparison· Security & Protection Services

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
MSA19.7%16.1%3.6%130.0%
ASSA-B14.7%13.1%1.6%139.9%
Industry median13.8%12.1%3.1%128.5%
CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
MSA19.7%16.1%3.6%130.0%
ADT40.0%34.8%5.2%329.9%
BRC13.8%11.2%2.6%106.5%
BCO13.5%10.1%3.4%404.2%
GEO5.8%-1.1%6.9%57.8%
ALLE19.4%16.9%2.4%127.0%
Industry median13.8%12.1%3.1%128.5%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.