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

169.96 7.64 −4.30%
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) Free cash flow margin

Alert me on Free cash flow margin

MSA Safety Incorporporated's free cash flow margin over the twelve months to 30 September 2026 was 16.0%, up 0.2 percentage points from fiscal 2025 (15.8%). Over the past ten years it has ranged from 2.39% (fiscal 2015) to 17.3% (fiscal 2018); the current reading is higher than 82% of that period. That is above the Security & Protection Services industry median of 0.00% and above the Industrials sector median of 2.06%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 15.8% 2.34
FY2024 13.4% 10.46
FY2023 2.96% (4.47)
FY2022 7.43% (3.28)
FY2021 10.7% (1.02)
FY2020 11.7% 2.56
FY2019 9.17% (8.10)
FY2018 17.3% 0.01
FY2017 17.3% 6.16
FY2016 11.1% 8.71

Against its own ten years

Low 2.39% High 17.3%
Ten-year median 11.1%
Current reading's percentile 82

Free cash flow margin against peers

Company Free cash flow margin
ADT ADT Inc. compare 30.8%
NSSC NAPCO Security Technologies, Inc. compare 24.7%
ALLE Allegion PLC compare 16.9%
MSA MSA Safety Incorporporated 16.0%
GEO Geo Group Inc (The) compare 12.3%
BRC Brady Corporation compare 11.6%
BCO Brink's Company (The) compare 6.72%
EVLV Evolv Technologies Holdings, Inc. compare −3.23%
CXW CoreCivic, Inc. compare −14.5%
Security & Protection Services industry median 0.00%
Industrials sector median 2.06%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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