MSA Safety Incorporporated

MSA Industrials Security & Protection Services

MSA Safety Incorporporated’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 3.69% from fiscal 2024.

Revenue
+14.5%
EPS
−14.9%
Free cash flow
−32.1%
Total debt
+75.4%

Quarter to September 2026, against a year earlier

167.97 2.02 −1.19%
Market cap
$6.6B
P/E
21.8×
Fwd P/E
21.0×
Dividend yield
1.26%
F-score
5/9
Altman Z
5.51
Beneish M
−2.50
Dividend safety
82/100

MSA Safety Incorporporated (MSA) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, MSA Safety Incorporporated (MSA) trades at a EV/EBITDA of 15.3×. Over the past ten years it has ranged from 9.6× (September 2015) to 86.5× (December 2021); the current reading is higher than 27% of that period. That is above the Security & Protection Services industry median of 11.2× and above the Industrials sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 15.1× (0.05%)
FY2024 15.1× (37.30%)
FY2023 24.1× 18.25%
FY2022 20.4× (76.46%)
FY2021 86.5× 212.19%
FY2020 27.7× 25.09%
FY2019 22.1× 24.38%
FY2018 17.8× (58.34%)
FY2017 42.7× 194.26%
FY2016 14.5× 13.67%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 16.0× 9.15%
Jun 2026 14.6× (0.89%)
Mar 2026 14.7× (2.21%)
Dec 2025 15.1× (6.59%)
43 more quarters

Against its own ten years

Low 9.6× High 86.5×
Ten-year median 19.3×
Current reading's percentile 27

EV/EBITDA against peers

Company EV/EBITDA
EVLV Evolv Technologies Holdings, Inc. compare n/m
ADT ADT Inc. compare 5.7×
CXW CoreCivic, Inc. compare 6.7×
BCO Brink's Company (The) compare 7.4×
GEO Geo Group Inc (The) compare 10.4×
BRC Brady Corporation compare 11.8×
MSA MSA Safety Incorporporated 15.3×
ALLE Allegion PLC compare 16.1×
NSSC NAPCO Security Technologies, Inc. compare 19.6×
Security & Protection Services industry median 11.2×
Industrials sector median 12.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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