MSA Safety Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,875	1,808	1,788	1,528	1,400
Revenue Growth (YoY)	3.69%	1.15%	17.00%	9.13%	3.85%
Cost of Revenue	1,004	947.7	935.51	854.12	784.83
Gross Profit	871.11	860.45	852.14	673.83	615.35
Selling, General & Admin	383.45	372.73	381.57	313.35	317.44
Research & Development	65.34	66.53	67.99	57.01	57.79
Operating Expenses	448.79	439.26	449.56	370.37	375.23
Operating Income	422.32	421.19	402.58	303.47	240.11
Interest Expense	-31.8	-36.89	-46.73	-21.66	-10.76
Interest & Investment Income	5.86	7.02	8.18	4.16	3.26
Currency Exchange Gain (Loss)	-15.8	-3.64	-17.08	-10.26	-0.22
Other Non Operating Income (Expenses)	1.59	0.43	-0.02	0.91	0.79
EBT Excluding Unusual Items	382.17	388.11	346.93	276.61	233.19
Merger & Restructuring Charges	-14.36	-7.28	-10.86	-11.2	-23.53
Gain (Loss) on Sale of Assets	-	-	-129.21	-	-0.79
Asset Writedown	-1.41	-0.82	-0.17	-6.29	-
Legal Settlements	-	-5	-0	-20.59	-185.26
Pretax Income	366.4	375.01	206.69	238.53	23.6
Income Tax Expense	87.47	90.04	148.11	58.9	1.82
Earnings From Continuing Operations	278.92	284.97	58.58	179.63	21.79
Net Income to Company	278.92	284.97	58.58	179.63	21.79
Minority Interest in Earnings	-	-	-	-	-0.45
Net Income	278.92	284.97	58.58	179.63	21.34
Preferred Dividends & Other Adjustments	0.07	0.07	0.07	0.07	0.07
Net Income to Common	278.86	284.9	58.52	179.56	21.28
Net Income Growth	-2.12%	386.43%	-67.39%	741.75%	-82.80%
Shares Outstanding (Basic)	39	39	39	39	39
Shares Outstanding (Diluted)	39	40	39	39	39
Shares Change (YoY)	-0.48%	0.16%	0.17%	-0.11%	0.41%
EPS (Basic)	7.11	7.24	1.49	4.58	0.54
EPS (Diluted)	7.09	7.21	1.48	4.56	0.54
EPS Growth	-1.66%	387.16%	-67.54%	744.44%	-82.86%
Free Cash Flow	295.43	242.21	50.09	114.9	155.31
Free Cash Flow Per Share	7.51	6.13	1.27	2.92	3.94
Dividend Per Share	2.100	2.000	1.870	1.820	1.750
Dividend Growth	5.00%	6.95%	2.75%	4.00%	2.34%
Gross Margin	46.46%	47.59%	47.67%	44.10%	43.95%
Operating Margin	22.53%	23.29%	22.52%	19.86%	17.15%
Profit Margin	14.87%	15.76%	3.27%	11.75%	1.52%
Free Cash Flow Margin	15.76%	13.40%	2.80%	7.52%	11.09%
EBITDA	493.91	485.52	463.35	359.78	290.43
EBITDA Margin	26.35%	26.85%	25.92%	23.55%	20.74%
D&A For EBITDA	71.59	64.33	60.77	56.32	50.32
EBIT	422.32	421.19	402.58	303.47	240.11
EBIT Margin	22.53%	23.29%	22.52%	19.86%	17.15%
Effective Tax Rate	23.87%	24.01%	71.66%	24.69%	7.69%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.