Operating Income for MSA Safety (MSA)
According to MSA Safety's latest reported financial statements, the company's current operating income (TTM) is $401.98M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MSA
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$401.98M
YoY change
+3.3%
5Y CAGR
+18.5%
Peak year (2025)
$401.98M
Cumulative operating income
$4.11B
Operating Income history chart for MSA Safety (MSA) from 1985 to 2025
Operating Income history table for MSA Safety (MSA) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $401.98M | +3.3% | ||
| 2024 | $389.18M | +68.2% | ||
| 2023 | $231.32M | -3.3% | ||
| 2022 | $239.14M | +949.8% | ||
| 2021 | $22.78M | -86.7% | ||
| 2020 | $171.90M | -8.7% | ||
| 2019 | $188.25M | +8.5% | ||
| 2018 | $173.48M | +338.3% | ||
| 2017 | $39.58M | -75.4% | ||
| 2016 | $160.70M | +17.1% | ||
| 2015 | $137.20M | -4.9% | ||
| 2014 | $144.31M | +1.8% | ||
| 2013 | $141.78M | +4.4% | ||
| 2012 | $135.79M | +11.8% | ||
| 2011 | $121.45M | +83.2% | ||
| 2010 | $66.29M | -7.3% | ||
| 2009 | $71.53M | -44.2% | ||
| 2008 | $128.23M | +10.6% | ||
| 2007 | $115.97M | +13.7% | ||
| 2006 | $102.01M | -21.4% | ||
| 2005 | $129.75M | +10.0% | ||
| 2004 | $117.98M | +57.4% | ||
| 2003 | $74.97M | +48.8% | ||
| 2002 | $50.39M | +6.4% | ||
| 2001 | $47.37M | +65.8% | ||
| 2000 | $28.57M | +6.6% | ||
| 1999 | $26.80M | +0.4% | ||
| 1998 | $26.70M | -22.4% | ||
| 1997 | $34.40M | -7.5% | ||
| 1996 | $37.20M | +13.8% | ||
| 1995 | $32.70M | +10.1% | ||
| 1994 | $29.70M | +112.1% | ||
| 1993 | $14.00M | -16.7% | ||
| 1992 | $16.80M | -38.7% | ||
| 1991 | $27.40M | -38.6% | ||
| 1990 | $44.60M | +10.1% | ||
| 1989 | $40.50M | +3.8% | ||
| 1988 | $39.00M | +56.6% | ||
| 1987 | $24.90M | -35.2% | ||
| 1986 | $38.40M | -16.3% | ||
| 1985 | $45.90M | — |
Operating Income values are taken from MSA Safety's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of MSA Safety (MSA) operating income is $401.98M – edged up 3.3% year-over-year.
Over 2020–2025 (5 years), MSA Safety operating income expanded at a +18.5% compound annual rate, sustaining 2 straight years of year-over-year growth.
2025 marks the peak operating income at $401.98M, with the historical low of $14.00M recorded in 1993.
Among 8 Industrials peers, MSA Safety (MSA) ranks 8th; the peer median for operating income is $8.59B.
MSA Safety Operating Income by Year
MSA Safety Operating Income 2025: $401.98M
MSA Safety operating income in 2025 was $401.98M, edged up 3.3% from 2024. This figure represents the highest annual value in the available history.
MSA Safety Operating Income 2024: $389.18M
MSA Safety operating income in 2024 was $389.18M, surged 68.2% from 2023.
MSA Safety Operating Income 2023: $231.32M
MSA Safety operating income in 2023 was $231.32M, edged down 3.3% below 2022.
MSA Safety Operating Income 2022: $239.14M
MSA Safety operating income in 2022 was $239.14M, surged 949.8% from 2021.
MSA Safety Operating Income 2021: $22.78M
MSA Safety operating income in 2021 was $22.78M.
See more financial history for MSA Safety (MSA).
Sector peers — Operating Income
Companies in the same sector as MSA Safety, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is MSA Safety's operating income?
- Latest reported operating income for MSA Safety (MSA) is $401.98M (period ending December 31, 2025).
How has MSA Safety operating income changed year-over-year?
- MSA Safety (MSA) operating income changed +3.3% year-over-year on the latest annual filing.
What is the long-term growth rate of MSA Safety operating income?
- MSA Safety (MSA) operating income compound annual growth rate is +18.5% over the most recent 5 years available.
When did MSA Safety operating income hit its highest annual value?
- MSA Safety operating income reached its highest annual value of $401.98M in 2025.
What was MSA Safety operating income in 2024?
- MSA Safety (MSA) operating income in 2024 was $389.18M.
What was MSA Safety operating income in 2025?
- MSA Safety (MSA) operating income in 2025 was $401.98M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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