Market cap
$6,709 Mln
Revenue (TTM)
$2,014 Mln
P/E Ratio
22.4
P/B Ratio
4.7
Div. Yield
1.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.58 | 14.51 | 8.09 | 5.09 | 7.89 |
| EBIT | -18.71 | -5.11 | 9.72 | 25.74 | 25.65 |
| Net Profit | -32.25 | -16.11 | 8.16 | 134.02 | 24.02 |
| EPS | -31.66 | -14.57 | 9.38 | 110.27 | 26.32 |
| Book Value | -- | -- | 20.32 | 14.09 | 10.30 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 19.40 | 15.54 | 21.82 | 21.24 | 22.78 |
| Net Margin
| -- | 6.55 | 15.03 | -- | -- |
| Return on equity
| 18.48 | 15.68 | 21.71 | 22.22 | 27.01 |
| Return on Capital
| 12.02 | 9.95 | -- | 15.11 | 17.22 |
| Return on Assets
| 9.11 | 7.17 | 9.32 | 11.72 | 13.02 |
| Debt to Equity (x)
| -- | -- | 0.76 | 0.46 | 0.48 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
--
|
15.11
|
17.22
|
3.73
|
12.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
21.71
Higher than Peers by 8.06
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
21.71
|
22.22
|
27.01
|
6.20
|
20.43
|
|
Peer Median
|
13.65
|
--
|
--
|
--
|
--
|
ROA
9.32
Higher than Peers by 5.75
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
9.32
|
11.72
|
13.02
|
2.58
|
7.53
|
|
Peer Median
|
3.57
|
--
|
--
|
--
|
--
|
EBIT Margin
21.82
Higher than Peers by 11.36
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
21.82
|
21.24
|
22.78
|
14.18
|
17.03
|
|
Peer Median
|
10.46
|
--
|
--
|
--
|
--
|
Net Margin
15.03
Higher than Peers by 8.63
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
15.03
|
14.88
|
15.76
|
3.28
|
11.60
|
|
Peer Median
|
6.40
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
8.09
Lower than Peers by 0.03
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
8.09
|
0.04
|
0.01
|
0.17
|
0.09
|
|
Peer Median
|
8.12
|
--
|
--
|
--
|
--
|
EBIT Growth
9.72
Lower than Peers by 1.32
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
9.72
|
-3.33
|
62.53
|
-2.60
|
657.21
|
|
Peer Median
|
11.04
|
--
|
--
|
--
|
--
|
Net Profit Growth
8.16
Lower than Peers by 3.48
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
8.16
|
-2.12
|
386.43
|
-67.39
|
741.75
|
|
Peer Median
|
11.64
|
--
|
--
|
--
|
--
|
EPS Growth
9.38
Lower than Peers by 14.36
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
9.38
|
-0.02
|
3.87
|
-0.68
|
7.39
|
|
Peer Median
|
23.74
|
--
|
--
|
--
|
--
|
Book Value Growth
12.13
Higher than Peers by 2.68
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
12.13
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.45
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.76
Higher than Peers by 0.24
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
0.76
|
0.46
|
0.48
|
0.67
|
0.66
|
|
Peer Median
|
0.52
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.02
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
0.02
|
0.01
|
0.02
|
0.03
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.65
Higher than Peers by 1.14
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
2.65
|
3.01
|
2.79
|
2.36
|
2.54
|
|
Peer Median
|
1.51
|
--
|
--
|
--
|
--
|
Quick Ratio
1.66
Higher than Peers by 0.22
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
1.66
|
1.82
|
1.76
|
1.48
|
1.57
|
|
Peer Median
|
1.44
|
--
|
--
|
--
|
--
|
Interest Coverage
11.56
Higher than Peers by 6.51
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
11.56
|
12.52
|
11.17
|
5.42
|
12.01
|
|
Peer Median
|
5.05
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
18.58
Lower than Peers by 0.27
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
18.58
|
16.35
|
15.44
|
16.48
|
19.83
|
|
Peer Median
|
18.85
|
--
|
--
|
--
|
--
|
Asset Turnover
0.62
Lower than Peers by 0.07
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
0.62
|
0.79
|
0.83
|
0.79
|
0.64
|
|
Peer Median
|
0.69
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
--
|
57.05
|
57.96
|
61.05
|
67.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
--
|
116.42
|
113.58
|
123.16
|
132.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
--
|
39.84
|
42.40
|
43.81
|
46.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
--
|
133.63
|
129.14
|
140.41
|
152.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
22.36
Lower than Peers by 2.72
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
22.36
|
22.53
|
22.97
|
113.95
|
31.62
|
|
Peer Median
|
25.07
|
--
|
--
|
--
|
--
|
Price / Book Value
4.70
Higher than Peers by 1.96
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
4.70
|
4.60
|
5.73
|
6.90
|
6.15
|
|
Peer Median
|
2.74
|
--
|
--
|
--
|
--
|
Dividend Yield
1.23
Higher than Peers by 0.95
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
1.23
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.28
|
--
|
--
|
--
|
--
|
EV/EBITDA
14.95
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
14.95
|
14.36
|
14.57
|
22.84
|
19.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
6,709
Higher than Peers by 6,388
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
6,709
|
--
|
--
|
--
|
--
|
|
Peer Median
|
321
|
--
|
--
|
--
|
--
|