MSA SAFETY INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.81B | $1.79B | $1.53B | $1.40B | $1.35B | $1.40B | $1.36B |
| Cost of Revenue | $1.00B | $947.7M | $935.5M | $854.1M | $784.8M | $752.7M | $763.4M | $746.2M |
| Gross Profit | $871.1M | $860.4M | $852.1M | $673.8M | $615.3M | $595.5M | $638.6M | $611.9M |
| Gross Margin | 46.5% | 47.6% | 47.7% | 44.1% | 43.9% | 44.2% | 45.6% | 45.1% |
| Operating Expenses | ||||||||
| Research & Development | $65.3M | $66.5M | $68.0M | $57.0M | $57.8M | $58.3M | $57.8M | $52.7M |
| SG&A Expense | $414.3M | $394.7M | $396.6M | $338.9M | $332.9M | $290.3M | $330.5M | $324.8M |
| Operating Income | $371.8M | $389.2M | $231.3M | $239.1M | $22.8M | $171.9M | $188.2M | $173.5M |
| Operating Margin | 19.8% | 21.5% | 12.9% | 15.7% | 1.6% | 12.7% | 13.4% | 12.8% |
| Interest Expense | — | — | $46.7M | $21.7M | $10.8M | $9.4M | $13.6M | $18.9M |
| Pretax Income | $366.4M | $375.0M | $206.7M | $238.5M | $23.6M | $168.1M | $185.8M | $162.3M |
| Income Tax Expense | $87.5M | $90.0M | $148.1M | $58.9M | $1.8M | $43.0M | $46.5M | $37.2M |
| Net Income | $278.9M | $285.0M | $58.6M | $179.6M | $21.3M | $124.1M | $138.0M | $124.2M |
| Net Margin | 14.9% | 15.8% | 3.3% | 11.8% | 1.5% | 9.2% | 9.8% | 9.1% |
| EPS (Basic) | $7.11 | $7.24 | $1.49 | $4.58 | $0.54 | $3.19 | $3.56 | $3.23 |
| EPS (Diluted) | $7.09 | $7.21 | $1.48 | $4.56 | $0.54 | $3.15 | $3.52 | $3.18 |
| Shares Outstanding (Basic) | 39.2M | 39.4M | 39.3M | 39.2M | 39.2M | 38.9M | 38.7M | 38.4M |
| Shares Outstanding (Diluted) | 39.3M | 39.5M | 39.5M | 39.4M | 39.4M | 39.3M | 39.2M | 39.0M |
| Dividends Per Share | $2.10 | $2.00 | $1.87 | $1.82 | $1.75 | $1.71 | $1.64 | — |