Market cap
$6,931 Mln
Revenue (TTM)
$1,946 Mln
P/E Ratio
22.3
P/B Ratio
4.9
Div. Yield
1.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 8.56 | 6.16 | 6.48 | 5.23 | 7.71 |
| EBIT | 16.93 | 29.58 | 12.00 | 33.34 | 24.63 |
| Net Profit | 20.94 | 37.31 | 13.37 | 393.61 | 23.97 |
| EPS | 20.94 | 38.62 | 14.31 | 191.55 | 25.36 |
| 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 | 22.85 | 21.24 | 22.78 |
| Net Margin
| -- | 6.55 | 16.13 | -- | -- |
| Return on equity
| 18.48 | 15.68 | 22.68 | 22.22 | 27.01 |
| Return on Capital
| 12.02 | 9.95 | -- | 15.11 | 17.22 |
| Return on Assets
| 9.11 | 7.17 | 10.97 | 11.72 | 13.02 |
| Debt to Equity (x)
| -- | -- | 0.42 | 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
22.68
Higher than Peers by 9.11
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
22.68
|
22.22
|
27.01
|
6.20
|
20.43
|
|
Peer Median
|
13.57
|
--
|
--
|
--
|
--
|
ROA
10.97
Higher than Peers by 7.39
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
10.97
|
11.72
|
13.02
|
2.58
|
7.53
|
|
Peer Median
|
3.57
|
--
|
--
|
--
|
--
|
EBIT Margin
22.85
Higher than Peers by 12.59
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
22.85
|
21.24
|
22.78
|
14.18
|
17.03
|
|
Peer Median
|
10.26
|
--
|
--
|
--
|
--
|
Net Margin
16.13
Higher than Peers by 9.54
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
16.13
|
14.88
|
15.76
|
3.28
|
11.60
|
|
Peer Median
|
6.59
|
--
|
--
|
--
|
--
|
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
6.48
Lower than Peers by 1.33
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
6.48
|
0.04
|
0.01
|
0.17
|
0.09
|
|
Peer Median
|
7.81
|
--
|
--
|
--
|
--
|
EBIT Growth
12.00
Higher than Peers by 0.60
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
12.00
|
-3.33
|
62.53
|
-2.60
|
657.21
|
|
Peer Median
|
11.41
|
--
|
--
|
--
|
--
|
Net Profit Growth
13.37
Lower than Peers by 0.30
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
13.37
|
-2.12
|
386.43
|
-67.39
|
741.75
|
|
Peer Median
|
13.67
|
--
|
--
|
--
|
--
|
EPS Growth
14.31
Lower than Peers by 10.76
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
14.31
|
-0.02
|
3.87
|
-0.68
|
7.39
|
|
Peer Median
|
25.07
|
--
|
--
|
--
|
--
|
Book Value Growth
12.97
Higher than Peers by 2.89
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
12.97
|
--
|
--
|
--
|
--
|
|
Peer Median
|
10.08
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.42
Lower than Peers by 0.08
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
0.42
|
0.46
|
0.48
|
0.67
|
0.66
|
|
Peer Median
|
0.51
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
0.01
|
0.01
|
0.02
|
0.03
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.24
Higher than Peers by 1.72
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
3.24
|
3.01
|
2.79
|
2.36
|
2.54
|
|
Peer Median
|
1.51
|
--
|
--
|
--
|
--
|
Quick Ratio
2.02
Higher than Peers by 0.59
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
2.02
|
1.82
|
1.76
|
1.48
|
1.57
|
|
Peer Median
|
1.44
|
--
|
--
|
--
|
--
|
Interest Coverage
13.62
Higher than Peers by 8.66
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
13.62
|
12.52
|
11.17
|
5.42
|
12.01
|
|
Peer Median
|
4.96
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
17.87
Lower than Peers by 0.88
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
17.87
|
16.35
|
15.44
|
16.48
|
19.83
|
|
Peer Median
|
18.76
|
--
|
--
|
--
|
--
|
Asset Turnover
0.68
Lower than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
MSA Safety (MSA)
|
0.68
|
0.79
|
0.83
|
0.79
|
0.64
|
|
Peer Median
|
0.68
|
--
|
--
|
--
|
--
|
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
22.35
Lower than Peers by 1.45
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)
|
22.35
|
22.53
|
22.97
|
113.95
|
31.62
|
|
Peer Median
|
23.79
|
--
|
--
|
--
|
--
|
Price / Book Value
4.93
Higher than Peers by 2.18
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)
|
4.93
|
4.60
|
5.73
|
6.90
|
6.15
|
|
Peer Median
|
2.76
|
--
|
--
|
--
|
--
|
Dividend Yield
1.19
Higher than Peers by 0.65
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)
|
1.19
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.54
|
--
|
--
|
--
|
--
|
EV/EBITDA
14.19
--
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)
|
14.19
|
14.36
|
14.57
|
22.84
|
19.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
6,931
Higher than Peers by 6,635
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)
|
6,931
|
--
|
--
|
--
|
--
|
|
Peer Median
|
296
|
--
|
--
|
--
|
--
|