MSA Safety (MNESP) Tax Rate (2009 - 2026)
MSA Safety's (MNESP) quarterly Tax Rate came in at 22.62% in Q2 2026, down 152.0% year-over-year from 43.5% in Q2 2025, and down 3.18% quarter-over-quarter from 23.36% in Q1 2026.
Analysis
MSA Safety (MNESP) Tax Rate (2009 - 2026) Analysis & Trends
MSA Safety has disclosed Tax Rate across 18 years of filings, most recently posting 22.62% for Q2 2026.
- In Q2 2026, Tax Rate fell 152.0% year-over-year to 22.62%; the TTM figure through Jun 2026 stood at 23.43% (down 83.0% YoY), while the FY2025 annual figure was 23.87%, down 14.0% from the prior year.
- Tax Rate came in at 22.62% for Q2 2026 at MSA Safety, down from 23.36% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 26.03% in Q3 2022 to a low of 121.7% in Q1 2023.
- Average Tax Rate over 5 years is 15.86%, with a median of 23.52% recorded in 2025.
- Year-over-year, Tax Rate sank 14340 bps in 2023 and surged 14480 bps in 2024.
- Over 5 years, Tax Rate stood at 25.44% in 2022, then retreated by 9 bps to 23.04% in 2023, then gained by 7 bps to 24.71% in 2024, then decreased by 6 bps to 23.24% in 2025, then dropped by 3 bps to 22.62% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 22.62% in Q2 2026, 23.36% in Q1 2026, and 23.24% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.56 Bn | 17.91 Bn | 635.20 Mn | 21.52% |
| 2 | Lincoln Electric Holdings | 14.94 Bn | 14.69 Bn | 449.00 Mn | 23.75% |
| 3 | Stanley Black & Decker | 13.99 Bn | 13.39 Bn | 1.31 Bn | 29.60% |
| 4 | Esab | 4.52 Bn | 4.30 Bn | 307.21 Mn | 24.33% |
| 5 | Vontier | 4.47 Bn | 4.20 Bn | 365.00 Mn | 37.44% |
| 6 | Brady | 4.17 Bn | 3.98 Bn | 231.13 Mn | 17.95% |
| 7 | Kennametal | 2.27 Bn | 2.17 Bn | 433.56 Mn | 23.32% |
| 8 | Enerpac Tool | 1.87 Bn | 1.76 Bn | 88.78 Mn | 22.99% |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | 22.62% |
| 10 | Lakeland Industries | 110.06 Mn | 92.64 Mn | 14.89 Mn | 78.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.62% |
| Mar 31, 2026 | 23.36% |
| Dec 31, 2025 | 23.24% |
| Sep 30, 2025 | 24.71% |
| Jun 30, 2025 | 24.14% |
| Mar 31, 2025 | 23.53% |
| Dec 31, 2024 | 24.71% |
| Sep 30, 2024 | 24.40% |
| Jun 30, 2024 | 23.50% |
| Mar 31, 2024 | 23.10% |
| Dec 31, 2023 | 23.04% |
| Sep 30, 2023 | 25.56% |
| Jun 30, 2023 | 23.31% |
| Mar 31, 2023 | -121.70% |
| Dec 31, 2022 | 25.44% |
| Sep 30, 2022 | 26.03% |
| Jun 30, 2022 | 24.75% |
| Mar 31, 2022 | 21.70% |
| Dec 31, 2021 | 30.88% |
| Sep 30, 2021 | 31.47% |