MSA Safety Incorporated

MSANYSEIndustrials● Active

$159.27

$-2.03(-1.26%)

Market Cap$6.1B

P/E Ratio—

52W High$208.92

52W Low$151.11

Avg Volume261K

Open$161.27

Beta0.95

Overview

MSA Safety Incorporated (MSA) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MSA · free cash flow · updated Jun 8, 2026

Core FCF metrics

MSA · FCF · TTM · margin & CAGR

Free cash flow was $295.4M for FY2025 (fiscal year ending 2025-12-31), up 22.0% year-over-year The FCF margin was 15.8%. Five-year CAGR stands at +13.4%.

FY2025 Free Cash Flow$295.4M▲ +22.0% YoY

Trailing 12M (TTM)$309.5Mtrailing 4 quarters sum

FCF Margin15.8%$295.4M ÷ revenue

3-Year CAGR+37.5%FY2022 → FY2025

5-Year CAGR+13.4%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MSA · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$363.9M(68M)$295.4M▲ +22.0%15.8%

FY2024$296.4M(54M)$242.2M▲ +383.5%13.4%

FY2023$92.9M(43M)$50.1M▼ 55.9%2.8%

FY2022$157.5M(44M)$113.5M▼ 24.3%7.4%

FY2021$199.1M(49M)$150.0M▼ 4.8%10.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MSA · P/FCF · FCF yield · FCF per share

MSA Safety Incorporated (MSA) trades at a FCF yield of 4.95% and a price-to-free-cash-flow ratio of 20.2x. FCF per share stands at $7.89, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.95%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$7.89

TTM FCF ÷ Shares Outstanding

Price / FCF

x20.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x21.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MSA · cash flow statement · operating / investing / financing

For FY2025, MSA Safety Incorporated generated $363.9M in operating cash flow and spent 68M in capital expenditures, yielding $295.4M in free cash flow.

Operating Activities

+$363.9M

Cash from core business operations

2025-12-31

Investing Activities

−$257.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$105.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($363.9M) − |CapEx| (68M) = FCF ($295.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

MSA vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

MSA Safety IncorporatedYOU

MSA

$295.4M+22.0%15.8%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

MSA Safety Incorporated (MSA) reported free cash flow of $295.4M for FY2025 (fiscal year ending 2025-12-31), up 22.0% year-over-year. The FCF margin was 15.8%.

Based on available data, MSA Safety Incorporated has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $295.4M in FY2025. The 5-year CAGR stands at +13.4%.

MSA Safety Incorporated's FCF yield is 4.95% and price-to-FCF ratio is 20.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MSA free cash flow · 8 questions

MSA Safety Incorporated free cash flow was $295.4M for FY2025, up 22.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $309.5M.

MSA free cash flowMSA FCFMSA FCF 2025MSA free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · MSA Safety Incorporated · MSA Safety Incorporated SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026