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

168.81 1.18 −0.69%
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) Return on invested capital

Alert me on Return on invested capital

MSA Safety Incorporporated's return on invested capital over the twelve months to 30 September 2026 was 10.9%, down 2.2 percentage points from fiscal 2025 (13.1%). Over the past ten years it has ranged from 1.15% (fiscal 2021) to 16.7% (fiscal 2024); the current reading is higher than 73% of that period. That is above the Security & Protection Services industry median of 1.98% and above the Industrials sector median of 1.86%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 13.1% (3.57)
FY2024 16.7% 6.30
FY2023 10.4% (0.99)
FY2022 11.4% 10.20
FY2021 1.15% (10.80)
FY2020 12.0% (1.75)
FY2019 13.7% (0.10)
FY2018 13.8% 11.10
FY2017 2.70% (9.68)
FY2016 12.4% 3.55

Against its own ten years

Low 1.15% High 16.7%
Ten-year median 12.0%
Current reading's percentile 73

Return on invested capital against peers

Company Return on invested capital
NSSC NAPCO Security Technologies, Inc. compare 45.3%
ALLE Allegion PLC compare 15.5%
BCO Brink's Company (The) compare 15.2%
BRC Brady Corporation compare 13.9%
MSA MSA Safety Incorporporated 10.9%
ADT ADT Inc. compare 7.19%
CXW CoreCivic, Inc. compare 6.99%
GEO Geo Group Inc (The) compare 6.64%
EVLV Evolv Technologies Holdings, Inc. compare −26.4%
Security & Protection Services industry median 1.98%
Industrials sector median 1.86%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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