Question 1

What is MSA Safety's P/FCF ratio?

Accepted Answer

MSA Safety (MSA) P/FCF ratio is 20.3× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for MSA Safety?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For MSA Safety specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is MSA Safety's P/FCF ratio high or low?

Accepted Answer

MSA Safety's P/FCF ratio of 20.3× is below its own 5-year average of 36.4× and below the sector median of 24.3×. That places the current reading at the 8th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is MSA Safety's historical P/FCF ratio range?

Accepted Answer

In the available daily series, MSA Safety (MSA) P/FCF ratio has ranged from a low of 10.0× in 2009 to a high of 216.1× in 2007. The 5-year average is 36.4× and the 5-year median is 26.9×.

Question 7

What was MSA Safety's P/FCF ratio in 2025?

Accepted Answer

MSA Safety (MSA) P/FCF ratio at the end of 2025 was 21.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does MSA Safety's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$6.26B	$295.43M	21.2×	-5.7×	Dec 31, 2025
2024	$6.53B	$242.21M	26.9×	-105.6×	Dec 31, 2024
2023	$6.64B	$50.09M	132.6×	+82.8×	Dec 31, 2023
2022	$5.65B	$113.47M	49.8×	+10.3×	Dec 31, 2022
2021	$5.92B	$149.96M	39.5×	+2.6×	Dec 31, 2021
2020	$5.82B	$157.65M	36.9×	-1.2×	Dec 31, 2020
2019	$4.90B	$128.36M	38.2×	+22.4×	Dec 31, 2019
2018	$3.63B	$229.93M	15.8×	+1.5×	Dec 31, 2018
2017	$2.95B	$206.61M	14.3×	-9.5×	Dec 31, 2017
2016	$2.61B	$109.37M	23.8×	-61.4×	Dec 31, 2016
2015	$1.62B	$19.01M	85.2×	+58.3×	Dec 31, 2015
2014	$1.98B	$73.45M	26.9×	+1.4×	Dec 31, 2014
2013	$1.89B	$74.26M	25.5×	+12.2×	Dec 31, 2013
2012	$1.57B	$118.27M	13.2×	-8.7×	Dec 31, 2012
2011	$1.20B	$54.87M	21.9×	-148.7×	Dec 31, 2011
2010	$1.12B	$6.58M	170.6×	+160.6×	Dec 31, 2010
2009	$946.75M	$95.11M	10.0×	-45.6×	Dec 31, 2009
2008	$851.67M	$15.34M	55.5×	-160.5×	Dec 31, 2008
2007	$1.83B	$8.46M	216.1×	+183.5×	Dec 31, 2007
2006	$1.31B	$40.11M	32.6×	+12.0×	Dec 31, 2006
2005	$1.33B	$64.34M	20.6×	-49.8×	Dec 31, 2005
2004	$1.87B	$26.51M	70.4×	+24.3×	Dec 31, 2004
2003	$964.41M	$20.91M	46.1×	+32.7×	Dec 31, 2003
2002	$394.07M	$29.39M	13.4×	-43.4×	Dec 31, 2002
2001	$482.60M	$8.49M	56.9×	—	Dec 31, 2001


Alamo Group (ALG)	18.0×
Otis Worldwide (OTIS)	17.9×
Fortive (FTV)	17.9×
Allegion (ALLE)	17.8×
Snap-on (SNA)	17.6×
FedEx (FDX)	17.3×
Norfolk Southern (NSC)	16.9×
Gorman-Rupp (GRC)	16.2×
Automatic Data Processing (ADP)	15.8×
Paychex (PAYX)	15.6×
AGCO (AGCO)	15.4×
General Dynamics (GD)	15.3×
Carlisle Companies (CSL)	14.7×
Amentum Holdings (AMTM)	14.7×
Stanley Black & Decker (SWK)	14.4×
A. O. Smith (AOS)	14.2×
Huntington Ingalls Industries (HII)	14.1×
McGrath RentCorp (MGRC)	13.9×
Pool (POOL)	12.2×
Delta Air Lines (DAL)	11.1×
Builders FirstSource (BLDR)	10.5×
United Airlines Holdings (UAL)	9.4×
Gartner (IT)	8.8×
ABM Industries (ABM)	7.2×
Versant Media Group, Inc. Class A (VSNT)	2.7×

P/FCF Ratio for MSA Safety (MSA)

P/FCF Ratio daily chart for MSA Safety (MSA)

Historical P/FCF Ratio for MSA Safety (MSA) from 2001 to 2025

About P/FCF Ratio at MSA Safety (MSA)

MSA Safety P/FCF Ratio by Year

MSA Safety P/FCF Ratio 2025: 21.2×

MSA Safety P/FCF Ratio 2024: 26.9×

MSA Safety P/FCF Ratio 2023: 132.6×

MSA Safety P/FCF Ratio 2022: 49.8×

MSA Safety P/FCF Ratio 2021: 39.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

MSA Safety (MSA) Key Financials

P/FCF Ratio daily chart for MSA Safety (MSA)

Historical P/FCF Ratio for MSA Safety (MSA) from 2001 to 2025

About P/FCF Ratio at MSA Safety (MSA)

MSA Safety P/FCF Ratio by Year

MSA Safety P/FCF Ratio 2025: 21.2×

MSA Safety P/FCF Ratio 2024: 26.9×

MSA Safety P/FCF Ratio 2023: 132.6×

MSA Safety P/FCF Ratio 2022: 49.8×

MSA Safety P/FCF Ratio 2021: 39.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is MSA Safety's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for MSA Safety?

+Is MSA Safety's P/FCF ratio high or low?

+What is MSA Safety's historical P/FCF ratio range?

+What was MSA Safety's P/FCF ratio in 2025?

+Why does MSA Safety's P/FCF ratio change over time?

MSA Safety (MSA) Key Financials