Growth Metrics

MSA Safety (MSA) Gross Margin (2009 - 2026)

MSA Safety recorded quarterly Gross Margin of 47.36% in Q1 2026, up 1.08% quarter-over-quarter from 46.86% in Q4 2025, and up 146.0% year-over-year from 19.25% in Q1 2025.

MSA Safety's Gross Margin history runs 18 years deep, the most recent figure standing at 47.36% for Q1 2026.

  • In Q1 2026, Gross Margin rose 146.0% year-over-year to 47.36%; the TTM figure through Mar 2026 stood at 46.8% (down 45.0% YoY), while the FY2025 annual figure was 46.46%, down 112.0% from the prior year.
  • Gross Margin came in at 47.36% for Q1 2026 at MSA Safety, up from 46.86% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 48.97% in Q3 2023 to a low of 43.18% in Q1 2022.
  • A 5-year average of 46.48% and a median of 46.86% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin surged 459 bps in 2023 and tumbled 167 bps in 2025, its largest moves.
  • MSA Safety's Gross Margin stood at 44.5% in 2022, then rose by 8 bps to 48.08% in 2023, then slipped by 2 bps to 46.91% in 2024, then declined by 0 bps to 46.86% in 2025, then rose by 1 bps to 47.36% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 47.36%, 46.86%, and 46.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Allegion 11.20 Bn 10.89 Bn 454.50 Mn 43.97%
2 MSA Safety 6.44 Bn 6.26 Bn 219.58 Mn 47.36%
3 Adt 5.10 Bn 5.07 Bn 1.04 Bn 81.01%
4 Brinks 4.39 Bn 3.98 Bn 382.40 Mn 27.73%
5 Brady 4.08 Bn 3.90 Bn 225.47 Mn 51.80%
6 Geo 3.01 Bn 2.92 Bn - -
7 CoreCivic 2.08 Bn 1.87 Bn - -
8 Napco Security Technologies 1.34 Bn 1.21 Bn 29.49 Mn 59.98%
9 Evolv Technologies Holdings 1.14 Bn 1.08 Bn 23.60 Mn 50.94%
10 Mistras 555.86 Mn 531.24 Mn 44.73 Mn 26.46%

Historic Data

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DateValue
Mar 31, 2026 47.36%
Dec 31, 2025 46.86%
Sep 30, 2025 46.45%
Jun 30, 2025 46.55%
Mar 31, 2025 45.90%
Dec 31, 2024 46.91%
Sep 30, 2024 47.95%
Jun 30, 2024 48.23%
Mar 31, 2024 47.31%
Dec 31, 2023 48.08%
Sep 30, 2023 48.97%
Jun 30, 2023 47.80%
Mar 31, 2023 45.55%
Dec 31, 2022 44.50%
Sep 30, 2022 44.38%
Jun 30, 2022 44.16%
Mar 31, 2022 43.18%
Dec 31, 2021 43.42%
Sep 30, 2021 43.93%
Jun 30, 2021 44.83%
Mar 31, 2021 43.70%
Dec 31, 2020 41.77%
Sep 30, 2020 44.07%
Jun 30, 2020 45.08%
Mar 31, 2020 46.15%
Dec 31, 2019 44.46%
Sep 30, 2019 45.21%
Jun 30, 2019 46.07%
Mar 31, 2019 46.00%
Dec 31, 2018 44.88%
Sep 30, 2018 44.79%
Jun 30, 2018 45.34%
Mar 31, 2018 45.21%
Dec 31, 2017 44.49%
Sep 30, 2017 44.64%
Jun 30, 2017 46.04%
Mar 31, 2017 45.05%
Dec 31, 2016 46.73%
Sep 30, 2016 46.28%
Jun 30, 2016 45.90%
Mar 31, 2016 43.22%
Dec 31, 2015 42.77%
Sep 30, 2015 43.76%
Jun 30, 2015 45.46%
Mar 31, 2015 45.51%
Dec 31, 2014 45.03%
Sep 30, 2014 44.96%
Jun 30, 2014 45.90%
Mar 31, 2014 45.96%
Dec 31, 2013 44.63%
Sep 30, 2013 43.58%
Jun 30, 2013 45.36%
Mar 31, 2013 45.09%
Dec 31, 2012 58.04%
Sep 30, 2012 39.25%
Jun 30, 2012 38.57%
Mar 31, 2012 40.16%
Dec 31, 2011 55.47%
Sep 30, 2011 40.53%
Jun 30, 2011 40.38%
Mar 31, 2011 39.93%
Dec 31, 2010 37.45%
Sep 30, 2010 37.47%
Jun 30, 2010 38.04%
Mar 31, 2010 38.81%
Dec 31, 2009 36.13%
Sep 30, 2009 36.38%
Jun 30, 2009 37.73%