MSA Safety (MSA) Gross Margin (2009 - 2026)
MSA Safety (MSA) posted quarterly Gross Margin of 49.53% for Q2 2026, up 298.0% year-over-year from 12.44% in Q2 2025, and up 4.58% on a QoQ basis from 47.36% in Q1 2026.
MSA Safety (MSA) Gross Margin (2009 - 2026) Analysis & Trends
MSA Safety has reported Gross Margin for 18 years, with the latest figure at 49.53% in Q2 2026.
- Gross Margin for Q2 2026 came in at 49.53%, up 298.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 47.57% (up 74.0% YoY), and the FY2025 annual result was 46.46%, down 112.0% from the prior year.
- Gross Margin improved to 49.53% in Q2 2026, from 47.36% in the prior quarter.
- Over five years, Gross Margin peaked at 49.53% in Q2 2026 and troughed at 43.18% in Q1 2022.
- A 5-year average of 46.65% and a median of 46.89% in 2024 frame the typical range for Gross Margin.
- The widest annual swing landed in 2023, when Gross Margin jumped 459 bps; it then plunged 167 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 44.5% in 2022, then gained by 8 bps to 48.08% in 2023, then dropped by 2 bps to 46.91% in 2024, then fell by 0 bps to 46.86% in 2025, then rose by 6 bps to 49.53% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 49.53% in Q2 2026, 47.36% in Q1 2026, and 46.86% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Allegion | 13.85 Bn | 13.53 Bn | 517.50 Mn | 44.94% |
| 2 | MSA Safety | 7.29 Bn | 7.09 Bn | 249.29 Mn | 49.53% |
| 3 | Adt | 5.21 Bn | 5.18 Bn | 1.05 Bn | 79.92% |
| 4 | Brinks | 4.68 Bn | 3.02 Bn | 366.10 Mn | 26.29% |
| 5 | Brady | 4.30 Bn | 4.13 Bn | 225.47 Mn | 51.80% |
| 6 | Geo | 4.15 Bn | 3.90 Bn | - | - |
| 7 | CoreCivic | 3.30 Bn | 3.19 Bn | - | - |
| 8 | Napco Security Technologies | 1.35 Bn | 1.22 Bn | 29.49 Mn | 59.98% |
| 9 | Evolv Technologies Holdings | 972.56 Mn | 909.93 Mn | 21.95 Mn | 50.17% |
| 10 | Mistras | 620.39 Mn | 598.40 Mn | 56.45 Mn | 29.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.53% |
| 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% |