MSA Safety (MSA) Net Margin (2009 - 2026)
MSA Safety (MSA) recorded Net Margin of 17.12% in Q2 2026, up 3.88 percentage points from 13.24% a year earlier and up 1.75 percentage points from the prior quarter.
MSA Safety (MSA) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, MSA Safety's Net Margin came in at 16.13% as of Jun 30, 2026, up 0.98 percentage points year-over-year; for FY2025, it came in at 14.88%, down 0.88 percentage points from FY2024.
- Annual Net Margin has a five-year change of +5.67 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 15.76% in FY2024 (+12.48 pp), 3.28% in FY2023 (-8.48 pp), 11.76% in FY2022 (+10.23 pp) and 1.52% in FY2021 (-7.68 pp).
- The Q2 2026 figure is the highest quarterly Net Margin since Q4 2024.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of +0.58 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 51.77 percentage points in Q1 2024, against a drop of 48.45 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.37% (Q1 2026), 17.02% (Q4 2025) and 14.86% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 18.95% |
| 10 | MSA Safety | 7.04 Bn | 6.33 Bn | 249.29 Mn | 17.12% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.12% |
| Mar 31, 2026 | 15.37% |
| Dec 31, 2025 | 17.02% |
| Sep 30, 2025 | 14.86% |
| Jun 30, 2025 | 13.24% |
| Mar 31, 2025 | 14.15% |
| Dec 31, 2024 | 17.60% |
| Sep 30, 2024 | 15.40% |
| Jun 30, 2024 | 15.62% |
| Mar 31, 2024 | 14.07% |
| Dec 31, 2023 | 15.43% |
| Sep 30, 2023 | 14.61% |
| Jun 30, 2023 | 15.00% |
| Mar 31, 2023 | -37.71% |
| Dec 31, 2022 | 11.62% |
| Sep 30, 2022 | 11.76% |
| Jun 30, 2022 | 12.81% |
| Mar 31, 2022 | 10.75% |
| Dec 31, 2021 | -14.98% |
| Sep 30, 2021 | 6.23% |
MSA Safety Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MSA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();