MSA Safety (MSA) Operating Leases (2019 - 2026)
MSA Safety's Operating Leases was $43.76 million in Q2 2026, down 6.1% from $46.59 million a year earlier and down 3.2% from the prior quarter.
Analysis
MSA Safety (MSA) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at MSA Safety came in at $46.15 million, up 0.4% from FY2024.
- Operating Leases has now increased for three consecutive years, with a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- In earlier years, Operating Leases was $45.98 million in FY2024 (+3.3%), $44.5 million in FY2023 (+25.9%), $35.35 million in FY2022 (-13.2%) and $40.71 million in FY2021 (-8.8%).
- The Q2 2026 figure marks the lowest quarterly Operating Leases since Q3 2023.
- Compared with a year earlier, Operating Leases was higher in five of the last eight quarters, with growth averaging 1.5%.
- The best year-over-year quarter for Operating Leases over five years was Q2 2024 (growth of 37.0%); the worst was Q2 2022 (a decline of 36.1%).
- Per Business Quant data, MSA's Operating Leases in the three quarters before Q2 2026 was $45.2 million (Q1 2026), $46.15 million (Q4 2025) and $45.81 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | MSA Safety | 7.04 Bn | 6.33 Bn | 249.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.76 Mn |
| Mar 31, 2026 | 45.20 Mn |
| Dec 31, 2025 | 46.15 Mn |
| Sep 30, 2025 | 45.81 Mn |
| Jun 30, 2025 | 46.59 Mn |
| Mar 31, 2025 | 45.68 Mn |
| Dec 31, 2024 | 45.98 Mn |
| Sep 30, 2024 | 49.34 Mn |
| Jun 30, 2024 | 46.42 Mn |
| Mar 31, 2024 | 45.13 Mn |
| Dec 31, 2023 | 44.50 Mn |
| Sep 30, 2023 | 40.91 Mn |
| Jun 30, 2023 | 33.87 Mn |
| Mar 31, 2023 | 34.58 Mn |
| Dec 31, 2022 | 35.35 Mn |
| Sep 30, 2022 | 35.41 Mn |
| Jun 30, 2022 | 37.63 Mn |
| Mar 31, 2022 | 40.22 Mn |
| Dec 31, 2021 | 40.71 Mn |
| Sep 30, 2021 | 40.85 Mn |
API Access
MSA Safety Operating Leases 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=operating-leases&ticker=MSA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();