MSA Safety Income Statement
MSA / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
MSA Safety reported $1.9B in revenue and $279M in net income for FY2025. Revenue has grown at a 3.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.8B | $1.5B | $1.4B | $1.3B | $1.4B | $1.4B | $1.2B | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B |
| Cost of Revenue | $1.0B | $947.7M | $935.5M | $854.1M | $784.8M | $752.7M | $763.4M | $746.2M | $657.9M | $627.3M | $629.7M | $618.5M | $615.2M | $620.9M | $654.4M |
| Gross Profit | $871.1M | $860.4M | $852.1M | $673.8M | $615.3M | $595.5M | $638.6M | $611.9M | $538.9M | $522.2M | $501.1M | $515.3M | $496.8M | $489.5M | $470.2M |
| SG&A Expense | $414.3M | $394.7M | $396.6M | $338.9M | $332.9M | $290.3M | $330.5M | $324.8M | $300.1M | $308.2M | $315.3M | $322.8M | $309.2M | $312.9M | $297.8M |
| R&D Expense | $65.3M | $66.5M | $68.0M | $57.0M | $57.8M | $58.3M | $57.8M | $52.7M | $50.1M | $46.8M | $48.6M | $48.2M | $45.9M | $40.9M | $39.2M |
| Operating Income | $371.8M | $389.2M | $231.3M | $239.1M | $22.8M | $171.9M | $188.2M | $173.5M | $39.6M | $160.7M | $122.7M | $134.3M | - | - | - |
| Interest Expense | - | - | $46.7M | $21.7M | $10.8M | $9.4M | $13.6M | $18.9M | $15.4M | $16.4M | $10.9M | $9.9M | $10.7M | $11.3M | $14.1M |
| Income Tax | $87.5M | $90.0M | $148.1M | $58.9M | $1.8M | $43.0M | $46.5M | $37.2M | $2.8M | $57.8M | $44.4M | $41.0M | $35.1M | $41.4M | $33.8M |
| Net Income | $278.9M | $285.0M | $58.6M | $179.6M | $21.3M | $124.1M | $138.0M | $124.2M | $26.0M | $91.9M | $70.8M | $88.5M | $88.2M | $90.6M | $69.9M |
| EPS (Basic) | $1.49 | $4.58 | $0.54 | $3.19 | $3.56 | - | - | $2.45 | $1.89 | $2.37 | $2.37 | $2.45 | $1.91 | $1.06 | $1.21 |
| EPS (Diluted) | $1.48 | $4.56 | $0.54 | $3.15 | $3.52 | - | - | $2.42 | $1.87 | $2.33 | $2.34 | $2.42 | $1.87 | $1.05 | $1.21 |
| Shares Outstanding | 39.3M | 39.3M | 39.2M | 39.3M | 39.1M | 38.8M | 38.5M | 38.2M | 37.7M | 37.4M | 37.4M | 37.2M | 37.0M | 36.7M | 36.5M |
| Gross Margin | 46.5% | 47.6% | 47.7% | 44.1% | 44.0% | 44.2% | 45.6% | 45.1% | 45.0% | 45.4% | 44.4% | 45.3% | 44.7% | 43.7% | 42.0% |
| Operating Margin | 19.8% | 21.5% | 12.9% | 15.7% | 1.6% | 12.8% | 13.4% | 12.8% | 3.3% | 14.0% | 10.9% | 11.8% | - | - | - |
| Profit Margin | 14.9% | 15.8% | 3.3% | 11.8% | 1.5% | 9.2% | 9.8% | 9.1% | 2.2% | 8.0% | 6.3% | 7.8% | 7.9% | 8.1% | 6.3% |