MSA Safety Incorporated (MSA)

MSA Safety Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	290.59	278.92	284.97	58.58	179.63	21.79
Depreciation & Amortization	73.69	71.59	64.33	60.77	56.32	50.32
Stock-Based Compensation	16.38	15.2	18.19	30.02	19.65	18.91
Other Adjustments	-13.33	-8.76	-11.67	-151.25	-1.46	120.22
Change in Receivables	-10.57	-5.17	-1.38	-7.1	-38.59	4.37
Changes in Inventories	-14.73	-10.46	-14.67	51.59	-67.37	-17.83
Changes in Accounts Payable	-5.7	-4.66	3.06	-5.45	7.59	13.3
Changes in Other Operating Activities	68.76	27.2	-46.39	55.7	1.69	-11.93
Operating Cash Flow	377.72	363.87	296.43	92.86	157.46	199.15
Operating Cash Flow Growth	22.89%	22.75%	219.23%	-41.03%	-20.93%	-3.59%
Capital Expenditures	-68.24	-68.44	-54.22	-42.76	-42.55	-43.84
Sale of Property, Plant & Equipment	0.1	0.08	0.47	2.81	-1.39	-5.29
Purchases of Investments	-	-	-	-	-79.54	-133.91
Proceeds from Sale of Investments	-	-	-	-	119	160
Payments for Business Acquisitions	-189.28	-189.28	-	-	-	-392.44
Investing Cash Flow	-257.42	-257.63	-53.76	-39.95	-4.48	-415.47
Long-Term Debt Issued	1,194	1,144	1,150	1,895	1,010	1,640
Long-Term Debt Repaid	-1,085	-1,076	-1,244	-1,871	-1,023	-1,347
Net Long-Term Debt Issued (Repaid)	108.54	67.31	-94.25	23.9	-13	293.18
Issuance of Common Stock	1.32	2.61	1.86	2.44	5.54	6.63
Repurchase of Common Stock	-202.06	-89.96	-37.34	-3.96	-34.39	-6.17
Net Common Stock Issued (Repurchased)	-200.74	-87.35	-35.48	-1.53	-28.85	0.45
Common Dividends Paid	-82.87	-82.34	-78.76	-73.49	-71.5	-68.59
Other Financing Activities	72.43	-3.08	-0.2	-1.14	-	-21.12
Financing Cash Flow	-107.08	-105.47	-208.69	-52.25	-113.35	203.93
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-3.18	0.13	-17.3	-16.67	-16.63	-7.19
Net Cash Flow	10.04	0.9	16.69	-16.02	22.99	-19.6
Free Cash Flow	309.48	295.43	242.21	50.09	114.9	155.31
Free Cash Flow Growth	4.76%	21.98%	383.51%	-56.40%	-26.02%	-1.49%
FCF Margin	16.14%	15.76%	13.40%	2.80%	7.52%	11.09%
Free Cash Flow Per Share	7.89	7.51	6.13	1.27	2.92	3.94
Levered Free Cash Flow	452.91	361.48	142.81	202.32	122.3	304.54
Unlevered Free Cash Flow	348.65	298.29	247.84	185.4	135.76	11.05

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q