TTM
22.0%
YoY change
−0.08pp
Trough year (2021)
1.6%
Peak year (2024)
21.5%
Latest annual
21.4%
Operating Margin history chart for MSA Safety (MSA) from 1985 to 2025
Latest: 21.4%
Operating Margin change chart for MSA Safety (MSA) from 1985 to 2025
Latest: −0.08pp
Operating Margin history table for MSA Safety (MSA) from 1985 to 2025
| 2025 | 21.4% | -0.08pp | ||
| 2024 | 21.5% | +8.58pp | ||
| 2023 | 12.9% | -2.71pp | ||
| 2022 | 15.7% | +14.02pp | ||
| 2021 | 1.6% | -11.12pp | ||
| 2020 | 12.7% | -0.68pp | ||
| 2019 | 13.4% | +0.65pp | ||
| 2018 | 12.8% | +9.47pp | ||
| 2017 | 3.3% | -10.67pp | ||
| 2016 | 14.0% | +1.85pp | ||
| 2015 | 12.1% | -0.59pp | ||
| 2014 | 12.7% | -0.02pp | ||
| 2013 | 12.7% | +0.52pp | ||
| 2012 | 12.2% | +1.32pp | ||
| 2011 | 10.9% | +4.13pp | ||
| 2010 | 6.8% | -1.02pp | ||
| 2009 | 7.8% | -3.44pp | ||
| 2008 | 11.3% | -0.26pp | ||
| 2007 | 11.5% | +0.41pp | ||
| 2006 | 11.1% | -3.13pp | ||
| 2005 | 14.2% | +0.47pp | ||
| 2004 | 13.8% | +3.02pp | ||
| 2003 | 10.7% | +1.81pp | ||
| 2002 | 8.9% | -0.37pp | ||
| 2001 | 9.3% | +3.19pp | ||
| 2000 | 6.1% | +0.72pp | ||
| 1999 | 5.4% | +0.04pp | ||
| 1998 | 5.3% | -1.55pp | ||
| 1997 | 6.9% | -0.53pp | ||
| 1996 | 7.4% | +0.72pp | ||
| 1995 | 6.7% | +0.24pp | ||
| 1994 | 6.5% | +3.20pp | ||
| 1993 | 3.3% | -0.08pp | ||
| 1992 | 3.3% | -2.13pp | ||
| 1991 | 5.5% | -3.93pp | ||
| 1990 | 9.4% | -0.35pp | ||
| 1989 | 9.8% | -0.05pp | ||
| 1988 | 9.8% | +3.31pp | ||
| 1987 | 6.5% | -3.37pp | ||
| 1986 | 9.9% | -1.79pp | ||
| 1985 | 11.7% | — |
- 202521.4%-0.08pp
- 202421.5%+8.58pp
- 202312.9%-2.71pp
- 202215.7%+14.02pp
- 20211.6%-11.12pp
- 202012.7%-0.68pp
- 201913.4%+0.65pp
- 201812.8%+9.47pp
- 20173.3%-10.67pp
- 201614.0%+1.85pp
- 201512.1%-0.59pp
- 201412.7%-0.02pp
- 201312.7%+0.52pp
- 201212.2%+1.32pp
- 201110.9%+4.13pp
- 20106.8%-1.02pp
- 20097.8%-3.44pp
- 200811.3%-0.26pp
- 200711.5%+0.41pp
- 200611.1%-3.13pp
- 200514.2%+0.47pp
- 200413.8%+3.02pp
- 200310.7%+1.81pp
- 20028.9%-0.37pp
- 20019.3%+3.19pp
- 20006.1%+0.72pp
- 19995.4%+0.04pp
- 19985.3%-1.55pp
- 19976.9%-0.53pp
- 19967.4%+0.72pp
- 19956.7%+0.24pp
- 19946.5%+3.20pp
- 19933.3%-0.08pp
- 19923.3%-2.13pp
- 19915.5%-3.93pp
- 19909.4%-0.35pp
- 19899.8%-0.05pp
- 19889.8%+3.31pp
- 19876.5%-3.37pp
- 19869.9%-1.79pp
- 198511.7%—
Operating Margin values are taken from MSA Safety's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at MSA Safety (MSA)
According to MSA Safety's latest reported financial statements, the company's latest reported operating margin is 22.0%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of MSA Safety (MSA) operating margin is 21.44% – contracted 0.1 percentage points year-over-year.
Across the available history, operating margin reached its high of 21.52% in 2024 and its low of 1.63% in 2021.
MSA Safety Operating Margin by Year
MSA Safety Operating Margin 2025: 21.4%
MSA Safety posted operating margin of 21.44% in 2025, contracted 0.1 percentage points from 2024.
MSA Safety Operating Margin 2024: 21.5%
In 2024, MSA Safety reported operating margin of 21.52%, expanded 8.6 percentage points from 2023. This figure represents the highest annual value in the available history.
MSA Safety Operating Margin 2023: 12.9%
MSA Safety operating margin in 2023 was 12.94%, contracted 2.7 percentage points from 2022.
MSA Safety Operating Margin 2022: 15.7%
2022's operating margin for MSA Safety came in at 15.65%, expanded 14.0 percentage points from 2021.
MSA Safety Operating Margin 2021: 1.6%
MSA Safety operating margin in 2021 was 1.63%.
See more financial history for MSA Safety (MSA).
Sector peers by Operating Margin
Industrials peers of MSA Safety (MSA), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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MSA Safety (MSA) Key Financials
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