Sunday 1 November 2026 Export MSA’s income statement to Excel — free account

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: +6.16%
EPS: +39.4%
Free cash flow: +118.3%
Total debt: −11.8%

Quarter to June 2026, against a year earlier

178.57 0.59 −0.33%

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Market cap: $6.9B
P/E: 22.1×
Fwd P/E: 21.0×
Dividend yield: 1.20%
F-score: 5/9
Altman Z: 5.51
Beneish M: −2.50
Dividend safety: 82/100

Overview Business Profile Earnings & Analysis Segments Filings

MSA Safety Incorporporated (MSA) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by products and services, and margins
Detection	763	40.72%
Firefighter Safety	647	34.54%
Industrial PPE And Other	464	24.75%
Gross margin		46.46%
Operating margin		19.83%
Pre-tax margin		19.54%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021
Detection	763 40.72%	643 35.55%	635 35.52%	530 34.67%	462 32.98%
Firefighter Safety	647 34.54%	713 39.42%	684 38.28%	579 37.89%	526 37.59%
Industrial PPE And Other	464 24.75%	453 25.03%	469 26.21%	419 27.44%	412 29.43%
Revenue	1,875	1,808	1,788	1,528	1,400

Revenue by segment $m

Line	FY2015	FY2014	FY2013	FY2012
Americas segment	705 62.32%	664 58.53%	—	—
International	426 37.68%	470 41.47%	286 25.70%	288 25.67%
Corporate	0 0.00%	0 0.00%	0 0.00%	—
North America	—	—	533 47.95%	532 47.46%
Europe	—	—	293 26.36%	290 25.90%
Other, not broken out	—	—	—	11 0.97%
Revenue	1,131	1,134	1,112	1,121

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
United States	943 50.32%	955 52.82%	961 53.76%	877 57.39%	747 53.34%	750 55.65%	785 56.00%	734 54.05%	622 51.99%	581 50.52%	594 52.49%	531 46.82%	528 47.50%	528 47.05%	538 48.13%	447 45.49%	—
Other	931 49.68%	853 47.18%	827 46.24%	651 42.61%	653 46.66%	598 44.35%	617 44.00%	624 45.95%	575 48.01%	569 49.48%	537 47.51%	603 53.18%	584 52.51%	508 45.33%	499 44.62%	452 45.97%	—
Delaware	—	—	—	—	—	—	—	—	—	—	—	—	—	75 6.65%	76 6.75%	78 7.92%	—
North America	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	435 47.45%
Europe	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	258 28.16%
International	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	218 23.75%
Other, not broken out	—	—	—	—	—	—	—	—	—	—	—	—	—	11 0.97%	—	6 0.61%	6 0.64%
Revenue	1,875	1,808	1,788	1,528	1,400	1,348	1,402	1,358	1,197	1,150	1,131	1,134	1,112	1,121	1,118	983	916

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Organic sales change	Q2 FY2026	3.00%	—	—

	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.