Stocktoria

MSA Safety Inc MSA

NYSE · stock · Orthopedic, Prosthetic & Surgical Appliances & Supplies · website · IPO 2004-07-12 · LEI

MSA Safety Inc statistics & valuation

Market cap$6.6B
P / E23.6×
P / S3.5×
P / B4.8×
P / FCF22.3×
Dividend yield1.25%
Net margin14.9%
Return on equity20.4%
FCF margin15.8%
Net debt$415.9M
Net debt / EBITDA0.9×
Enterprise value USD$7.0B
EV / EBITDA15.8×
Earnings yield EBIT/EV5.3%
Return on capital16.4%
Graham number -61.2%$74.45

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($74.45); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
8.00% 2.20% 9.10% 9.80% 9.20% 1.50% 11.80% 3.30% 15.80% 14.90% 2016201720182019202020212022202320242025
Gross margin (%)
45.40% 45.00% 45.10% 45.60% 44.20% 43.90% 44.10% 47.70% 47.60% 46.50% 2016201720182019202020212022202320242025
Operating margin (%)
14.00% 3.30% 12.80% 13.40% 12.70% 1.60% 15.70% 12.90% 21.50% 19.80% 2016201720182019202020212022202320242025
Return on equity (%)
16.40% 4.30% 19.40% 18.80% 14.60% 2.60% 19.40% 6.10% 24.90% 20.40% 2016201720182019202020212022202320242025
Shares outstanding
38.0M 38.7M 39.0M 39.2M 39.3M 39.4M 39.4M 39.5M 39.5M 39.3M 2016201720182019202020212022202320242025
Net debt ($)
$276.7M $340.3M $221.2M $196.2M $146.5M $456.8M $409.9M $455.2M $343.5M $415.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
6.80% 1.50% 7.70% 7.70% 6.50% 0.90% 7.60% 2.70% 12.90% 10.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
9.50% 17.30% 16.90% 9.20% 11.70% 11.10% 7.50% 2.80% 13.40% 15.80% 2016201720182019202020212022202320242025
Debt / equity (×)
0.70× 0.79× 0.56× 0.48× 0.36× 0.72× 0.62× 0.62× 0.44× 0.42× 2016201720182019202020212022202320242025
EPS ($)
$2.42 $0.67 $3.18 $3.52 $3.15 $0.54 $4.56 $1.48 $7.21 $7.09 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

MSA Safety Inc trades at about 27.1× earnings — below its 10-year norm (10-year range 22.8×–254.4×, median 38.5×).

22.8× 254.4×

Shaded band = 10-year range (22.8×–254.4×); dot = today's 27.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin46.5%47.6%47.7%44.1%43.9%44.2%45.6%45.1%45.0%45.4%
Operating margin19.8%21.5%12.9%15.7%1.6%12.7%13.4%12.8%3.3%14.0%
Net margin14.9%15.8%3.3%11.8%1.5%9.2%9.8%9.1%2.2%8.0%
FCF margin15.8%13.4%2.8%7.5%11.1%11.7%9.2%16.9%17.3%9.5%
Return on assets10.9%12.9%2.7%7.6%0.9%6.5%7.7%7.7%1.5%6.8%
Return on equity20.4%24.9%6.1%19.4%2.6%14.6%18.8%19.4%4.3%16.4%
Debt / equity0.42×0.44×0.62×0.62×0.72×0.36×0.48×0.56×0.79×0.70×
Current ratio3.012.792.362.542.402.582.502.332.152.14

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.