MSA Safety Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
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	41.38	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
Cash Acquisitions	-	-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	0.36	2.61	1.86	2.44	5.54	6.63
Repurchase of Common Stock	-132.06	-89.96	-37.34	-3.96	-34.39	-6.17
Net Common Stock Issued (Repurchased)	-131.7	-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	-	-3.08	-0.2	-1.14	-	-21.12
Financing Cash Flow	-107.08	-105.47	-208.69	-52.25	-113.35	203.93
Foreign Exchange Rate Adjustments	-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	22.04%	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	425.53	361.48	142.81	202.32	122.3	304.54
Unlevered Free Cash Flow	321.28	298.29	247.84	185.4	135.76	11.05

SEC Filings: 10-K · 10-Q