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Other financials

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

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Market cap$7.49B+13.0%
Enterprise value$7.97B+10.5%
P/E25.8×+1.8×
P/S3.9×+0.3×

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×

Where this comes from

Reported directly by Mine Safety Appliances Company in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Mine Safety Appliances Company’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 4:07 PM EST
Fiscal year
FY2025
Accession
0000066570-26-000005
(In thousands)Year ended December 31, 2025Year ended December 31, 2024Year ended December 31, 2023
Cash Flow From Operating Activities363,867296,42892,857
Investing Activities
Capital expenditures(68,438)(54,223)(42,764)
Acquisitions, net of cash acquired (Note 15)(189,275)
Property disposals and other investing794682,811
Cash Flow Used In Investing Activities(257,634)(53,755)(39,953)
Financing Activities
Payments on long-term debt (Note 13)(1,076,384)(1,243,897)(1,871,102)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Mine Safety Appliances Company's acquisitions?
Mine Safety Appliances Company (MSA) reported acquisitions of $1.5M in Q4 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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