Stocks · Industrials · Security & Protection Services

MSA Safety Incorporated MSA

$181.23 +1.23% Close, Oct 2, 2026 · NYSE · Market cap $7.00B

High qualityLow risk

Next earnings report: Oct 27, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +6.8%).
  2. The shares trade at 22.5× trailing earnings, lower than 90% of the company's own readings over the past five years.
  3. The stock is in an uptrend: above its 200-day average for 52 trading days, with the 50-day average above the 200-day.

PromtFinance scores

Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth60Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 43%
  • EPS growth (TTM, YoY)Top 42%
  • FCF growth (TTM, YoY)Top 30%
  • Revenue growth, 3-year CAGRTop 39%
  • Revenue growth accelerationBottom 44%
Quality93Exceptional

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 12%
  • Gross marginTop 14%
  • Operating marginTop 7%
  • Cash conversion (OCF / net income)Bottom 36%
  • Accruals (lower is better)Bottom 44%
  • Net debt / EBITDA (lower is better)Top 33%
  • Interest coverTop 18%
Value73Positive

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 24%
  • Free-cash-flow yieldTop 30%
  • EBITDA / enterprise valueTop 40%
  • Sales / enterprise valueBottom 29%
  • P/E vs own 5-year history (lower is better)Top 16%
Momentum59Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 50%
  • 6-month returnTop 41%
  • 1-year return vs S&P 500Bottom 49%
  • Distance from 52-week highTop 22%
  • Trend checklist (0–4)Top 42%
Revisions64Neutral

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 45%
  • Consecutive EPS beatsTop 5%
  • Share of analysts rating BuyTop 50%
  • Upside to consensus price targetBottom 25%
Stability90Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 10%
  • Maximum drawdown, 3 yearsTop 21%
  • Beta vs S&P 500 (lower is better)Top 32%
  • Net debt / EBITDA (lower is better)Top 33%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)5.6%6.5%↑
EPS growth (YoY)2.1%14.7%↑
Gross margin46.8%47.6%↑
Operating margin20.4%23.3%↑
FCF margin13.8%18.2%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)6.5%5.6%↑Bottom 43%
EPS growth (TTM, YoY)14.7%2.1%↑Top 42%
Gross margin47.6%46.8%↑Top 14%
Operating margin23.3%20.4%↑Top 7%
Net margin16.1%15.2%↑—
Free-cash-flow margin18.2%13.8%↑—
Return on invested capital15.0%—Top 12%
Revenue growth, 3-year CAGR7.1%—Top 39%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.29×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-3.5%
Stock-based compensation / revenueA cost to shareholders through dilution.
1.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-2.3 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
0.85×
Interest cover (operating income / interest)How many times operating profit covers interest.
14.0×

Shareholder returns

Dividend yield (dividends paid, TTM)
1.18%
Net buyback yield (TTM)
1.66%
Shareholder yield
2.85%
Share count change, 1 year
-0.9%
Share count change, 3-year CAGR
-0.4%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 31, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
14
Beats in the last 8 reports
8 of 8
Average EPS surprise, last 4
+6.8%
Average 2-day reaction, last 8
-0.4%
Positive 20 days after report
2 of 8

Analysts

Consensus price target
$210.00
Target vs current price
+15.9%
Analysts with a rating
12
Share rating Buy or Strong Buy
58%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 30, 2026+12.1%-0.8%+9.7%+8.4%—
May 4, 2026+7.6%-0.3%+2.5%-1.6%+6.0%
Feb 11, 2026+5.3%+1.1%+2.6%-5.7%-11.7%
Oct 28, 2025+2.1%-2.4%-6.5%-7.6%+8.8%
Aug 4, 2025+9.7%+1.3%-0.6%-2.6%-4.8%
Apr 29, 2025+6.3%+1.1%+2.0%+6.4%+15.9%
Feb 12, 2025+0.9%-1.6%-4.2%-9.0%-4.8%
Oct 23, 2024+1.1%-1.2%-0.8%-0.8%-1.9%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 30, 2026$2.40$2.14+12.1%$503.3M
May 4, 2026$1.99$1.85+7.6%$463.6M
Feb 11, 2026$2.38$2.26+5.3%$511.0M
Oct 28, 2025$1.94$1.90+2.1%$468.4M
Aug 4, 2025$1.93$1.76+9.7%$474.1M
Apr 29, 2025$1.68$1.58+6.3%$421.3M
Feb 12, 2025$2.25$2.23+0.9%$499.7M
Oct 23, 2024$1.83$1.81+1.1%$432.7M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)22.5×29.6×10thTop 24%
P/E (forward)19.9×———
EV / EBITDA14.3×——Top 40%
EV / Sales3.82×——Bottom 29%
Free-cash-flow yield5.06%——Top 30%
Earnings yield4.44%——Top 24%

P/E over the past five years

Range 21.5× – 298.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+5.1%
Earnings per share growth (TTM)
+14.7%
Change in P/E multiple
-7.8%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
52
50-day average slope (20 days)
+2.4%
200-day average slope (20 days)
+1.2%
Distance from 50-day average
-2.2%
Distance from 200-day average
+2.7%
RSI (14)
47.7
Relative volume
0.92×

Risk and drawdowns

Volatility, 60 days (annualized)
24.4%
Volatility vs own 5-year history
51th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.85
Correlation with S&P 500
0.55
Current drawdown from 1-year high
-10.8%
Maximum drawdown, 3 years
-34.9%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Feb 16, 2021Sep 30, 2022-36.6%410 days186 days (Jun 29, 2023)
Jul 16, 2024Apr 7, 2025-34.9%182 days214 days (Feb 12, 2026)
Feb 12, 2026Jun 10, 2026-23.1%81 daysNot yet recovered
Sep 1, 2023Oct 23, 2023-20.0%35 days90 days (Mar 4, 2024)
Apr 5, 2024Jun 7, 2024-12.1%44 days25 days (Jul 16, 2024)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$7.00B
P/E (TTM)
22.5
EPS, diluted (TTM)
$8.04
Revenue (TTM)
$1.95B
Dividend yield
1.18%
52-week range
$151.10 – $208.92
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.40B$1.53B$1.79B$1.81B$1.87B
Gross profit$615.3M$673.8M$852.1M$860.4M$871.1M
Operating income$22.8M$239.1M$231.3M$389.2M$402.0M
Net income$21.3M$179.6M$58.6M$285.0M$278.9M
EPS (diluted)$0.54$4.56$1.48$7.21$7.09
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$432.7M$499.7M$421.3M$474.1M$468.4M$510.9M$463.6M$503.3M
Net income$66.6M$87.9M$59.6M$62.8M$69.6M$86.9M$71.3M$86.2M
EPS (diluted)$1.69$2.22$1.51$1.59$1.77$2.21$1.83$2.23
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$199.1M$157.5M$92.9M$296.4M$363.9M
Capital expenditure-$49.1M-$43.9M-$42.8M-$54.2M-$68.4M
Free cash flow$150.0M$113.5M$50.1M$242.2M$295.4M
Dividends paid-$68.5M-$71.5M-$73.4M-$78.7M-$82.3M
Net share buybacks$454,000-$28.9M-$1.5M-$35.5M-$87.4M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$200.1M
Total assets
$2.60B
Total liabilities
$1.20B
Total debt
$643.5M
Net debt
$443.5M
Shareholders’ equity
$1.40B

As of Jun 30, 2026 (filed Jul 31, 2026).

Dividends

Ex-dateAmountPaid
Aug 14, 2026$0.54Sep 10, 2026
May 15, 2026$0.54Jun 10, 2026
Feb 13, 2026$0.53Mar 10, 2026
Nov 14, 2025$0.53Dec 10, 2025
Aug 15, 2025$0.53Sep 10, 2025
May 15, 2025$0.53Jun 10, 2025
Feb 14, 2025$0.51Mar 10, 2025
Nov 15, 2024$0.51Dec 10, 2024

Short interest

Shares sold short
877,763
Days to cover
4.24
Change vs previous report
+8.5%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Jan 29, 2004
3-for-1
May 25, 2000
3-for-1
Sep 11, 1985
2-for-1
May 16, 1980
2-for-1
Apr 26, 1977
2-for-1