MSA Safety Incorporated (MSA)

MSA Safety Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,803	1,788	1,528	1,400	1,348	1,402
Revenue Growth (YoY)	12.98%	17.00%	9.13%	3.85%	-3.83%	3.23%
Cost of Revenue	936.42	935.51	854.12	784.83	752.73	763.35
Gross Profit	866.27	852.14	673.83	615.35	595.49	638.63
Selling, General & Admin	399.7	396.65	338.87	332.86	290.33	330.5
Research & Development	68.68	67.99	57.01	57.79	58.27	57.85
Other Operating Expenses	11.16	139.11	28.56	201.7	66.42	42.22
Operating Expenses	479.54	603.74	424.44	592.35	415.02	430.57
Operating Income	386.73	248.4	249.39	23	180.47	208.06
Interest Expense / Income	46	46.73	21.66	10.76	9.43	13.59
Other Expense / Income	-9.3	-5.02	-10.8	-10.92	3.96	9.93
Pretax Income	350.03	206.69	238.53	23.16	167.09	184.54
Income Tax	83.14	148.11	58.9	1.82	43.01	46.55
Net Income	266.9	58.58	179.63	21.34	124.08	138
Net Income Growth	-	-67.39%	741.75%	-82.80%	-10.09%	11.15%
Shares Outstanding (Basic)	39	39	39	39	39	39
Shares Change	0.27%	0.29%	-0.02%	0.65%	0.56%	0.71%
EPS (Basic)	6.80	1.49	4.58	0.54	3.19	3.56
EPS (Diluted)	6.76	1.48	4.56	0.54	3.15	3.52
EPS Growth	-	-67.54%	744.44%	-82.86%	-10.51%	10.69%
Free Cash Flow	386.85	52.9	113.51	150.02	158.1	128.58
Free Cash Flow Per Share	9.84	1.35	2.90	3.83	4.06	3.32
Dividend Per Share	1.880	1.870	1.820	1.750	1.710	1.640
Dividend Growth	2.17%	2.75%	4.00%	2.34%	4.27%	10.07%
Gross Margin	48.05%	47.67%	44.10%	43.95%	44.17%	45.55%
Operating Margin	21.45%	13.90%	16.32%	1.64%	13.39%	14.84%
Profit Margin	14.81%	3.28%	11.76%	1.52%	9.20%	9.84%
Free Cash Flow Margin	21.46%	2.96%	7.43%	10.71%	11.73%	9.17%
Effective Tax Rate	23.75%	71.66%	24.69%	7.84%	25.74%	25.22%
EBITDA	457.79	314.19	316.51	84.23	216.19	236.15
EBITDA Margin	25.39%	17.58%	20.71%	6.02%	16.04%	16.84%
Depreciation & Amortization	61.76	60.77	56.32	50.32	39.67	38.02
EBIT	396.03	253.42	260.19	33.91	176.52	198.13
EBIT Margin	21.97%	14.18%	17.03%	2.42%	13.09%	14.13%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).