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Mine Safety Appliances Company

MSA

MSA Safety Incorporated is a global leader in the development and manufacture of advanced safety products and technology designed to protect workers and facility infrastructure.

Market cap
$6.94B-1.7%
Revenue$1.9B+5.6%
Net income$290.6M+1.5%
Free cash flow$309.5M+22.0%
EPS (diluted)$7.40+2.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Today)
Revenue estimate$496.3M
EPS estimate$2.14

Financials

Q1 2026

Income statement

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Revenue$463.6M+10.0%
Gross profit$219.6M+13.5%
Operating income$93.0M+19.6%
Net income$71.3M+19.6%
EPS (diluted)$1.83+21.2%

Balance sheet

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Cash & equivalents$181.3M+5.9%
Total debt$658.3M+20.2%
Total equity$1.4B+13.9%
Total assets$2.6B+14.7%

Cash flow

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Operating cash flow$75.7M+22.4%
CapEx$10.6M-1.8%
Free cash flow$65.1M+27.5%

Valuation & ratios

Valuation

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Market cap$6.78B-1.7%
Enterprise value$7.26B-2.4%
P/E23.3×-1.4×
P/S3.5×-0.2×

Profitability

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Gross margin46.8%-0.5pp
Operating margin20.2%-1.1pp
Net margin15.2%-0.6pp
FCF margin16.1%+2.2pp

Returns & leverage

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Return on equity22.8%-3.4pp
Debt / equity0.5×0.0×
Current ratio3.2×+0.2×

Segments

By product

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Detection$180.8M
Fire Service$159.3M
Industrial PPE And Other$123.5M

By segment

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Americas segment$325.2M+10.9%
International$138.4M+8.0%

Competitors

Profile

MSA Safety Incorporated is a global leader in the development and manufacture of advanced safety products and technology designed to protect workers and facility infrastructure. The company provides high-performance safety solutions across diverse end markets including fire service, energy, utilities, and construction. Its core value proposition centers on integrating hardware with software and services through the MSA+ ecosystem to deliver comprehensive, non-discretionary safety compliance.

Competitive position

A global leader in sophisticated safety products with a dominant position in SCBA and industrial head protection, leveraging a proprietary business system (MBS) for operational efficiency.

GeographiesNorth America, Europe, Middle East, Africa, Asia Pacific, Latin America
Customer segmentsFirst Responders, Industrial Enterprises, Government Agencies, Utilities
Business modelManufacturing, Hardware-as-a-Service, Subscription SaaS
SuppliersElectronic components, High density polyethylene, Chemical filter media, Air cylinders, Ballistic resistant fabrics
CustomersNational and regional distributors, Municipalities, Industrial end-users, Energy sector turnarounds
Listed1988
Employees5.1K
CEOSteven C. Blanco
FilingsSEC EDGAR

Questions, answered.

What is Mine Safety Appliances Company's market cap?
Mine Safety Appliances Company (MSA) has a market capitalization of $6.9B and trades on NYSE.
What is Mine Safety Appliances Company's revenue and profitability?
Mine Safety Appliances Company generated $1.9B in trailing twelve-month revenue with net income of $290.6M, representing a net margin of 15.2%. Gross margin stands at 46.8%, with free cash flow of $309.5M. These figures are based on the Q1 2026 filing.
Who are Mine Safety Appliances Company's competitors?
Mine Safety Appliances Company's key competitors include 3M Company, Honeywell International Inc., Universal Safety Products, Inc., and others. These companies compete in similar markets and product categories.
Who does Mine Safety Appliances Company partner with?
Mine Safety Appliances Company's notable partners include Mips.
What subsidiaries does Mine Safety Appliances Company have?
Mine Safety Appliances Company's subsidiaries include M&C TechGroup, Globe Holding Company, LLC, B T Q Limited.
Where is Mine Safety Appliances Company headquartered?
Mine Safety Appliances Company is headquartered in United States of America and employs approximately 5,100 people. It has been publicly traded since 1988.