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) Operating margin

Alert me on Operating margin

MSA Safety Incorporporated's operating margin over the twelve months to 30 September 2026 was 20.2%, up 0.4 percentage points from fiscal 2025 (19.8%). Over the past ten years it has ranged from 1.63% (fiscal 2021) to 21.5% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Security & Protection Services industry median of 9.80% and above the Industrials sector median of 5.21%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 19.8% (1.69)
FY2024 21.5% 8.58
FY2023 12.9% (2.71)
FY2022 15.7% 14.02
FY2021 1.63% (11.12)
FY2020 12.8% (0.68)
FY2019 13.4% 0.66
FY2018 12.8% 9.46
FY2017 3.31% (10.67)
FY2016 14.0% 3.13

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 16.5% (5.79)
Jun 2026 22.2% 2.18
Mar 2026 20.1% (2.23)
Dec 2025 22.3% 2.16
43 more quarters

Against its own ten years

Low 1.63% High 21.5%
Ten-year median 12.9%
Current reading's percentile 84

Operating margin against peers

Company Operating margin
ADT ADT Inc. compare 24.6%
NSSC NAPCO Security Technologies, Inc. compare 22.7%
ALLE Allegion PLC compare 21.5%
MSA MSA Safety Incorporporated 20.2%
BRC Brady Corporation compare 15.9%
GEO Geo Group Inc (The) compare 11.2%
BCO Brink's Company (The) compare 10.1%
CXW CoreCivic, Inc. compare 9.88%
EVLV Evolv Technologies Holdings, Inc. compare −20.8%
Security & Protection Services industry median 9.80%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on MSA