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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
$6.91B+10.4%
Revenue$1.9B+6.5%
Net income$314.0M+13.4%
Free cash flow$354.3M+40.3%
EPS (diluted)$8.04+14.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 2, 2026 (Tomorrow)
Revenue estimate$528.4M
EPS estimate$2.09

Financials

Q2 2026

Income statement

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Revenue$503.3M+6.2%
Gross profit$249.3M+12.9%
Operating income$112.0M+30.4%
Net income$86.2M+37.3%
EPS (diluted)$2.23+40.3%

Balance sheet

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Cash & equivalents$200.1M+35.2%
Total debt$643.5M-11.4%
Total assets$2.6B+2.0%

Cash flow

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Operating cash flow$95.4M+41.9%
CapEx$12.7M-56.8%
Free cash flow$82.7M+118%

Valuation & ratios

Valuation

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Market cap$6.91B+10.4%
Enterprise value$7.36B+10.5%
P/E22×0.0×
P/S3.6×+0.2×

Profitability

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Gross margin47.6%+0.7pp
Operating margin21.2%+0.8pp
Net margin16.1%+1.0pp
FCF margin18.2%+4.4pp

Returns & leverage

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Current ratio3.2×+0.1×

Segments

By product

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Detection$201.4M—
Fire Service$161.9M—
Industrial PPE And Other$140.1M—

By segment

See full
Americas segment$341.5M+6.7%
International$161.9M+5.1%

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

FAQ

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 $314.0M, representing a net margin of 16.1%. Gross margin stands at 47.6%, with free cash flow of $354.3M. The latest reported period is Q2 2026.
Who are Mine Safety Appliances Company's competitors?
Mine Safety Appliances Company's key competitors include 3M Company, Universal Safety Products, Inc., Honeywell International 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.