MSA Safety (MSA) Return on Capital Employed [ROCE] (2010 - 2026)
MSA Safety's Return on Capital Employed [ROCE] was 18.01% in Q2 2026, up 0.33 percentage points from 17.69% a year earlier and up 1.02 percentage points from the prior quarter.
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Analysis
MSA Safety (MSA) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at MSA Safety came in at 17.78%, down 2.70 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +6.62 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 20.48% in FY2024 (+8.57 pp), 11.92% in FY2023 (+0.20 pp), 11.72% in FY2022 (+10.47 pp) and 1.25% in FY2021 (-9.91 pp).
- The Q2 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] since Q1 2025.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in three of the last eight quarters, with an average year-over-year change of +0.57 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2024 (a gain of 13.15 percentage points); the worst was Q4 2021 (a drop of 9.98 percentage points).
- Per Business Quant data, MSA's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 16.99% (Q1 2026), 16.42% (Q4 2025) and 16.61% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 22.08% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 23.04% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | - |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 12.16% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.77% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 29.36% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 14.90% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 19.43% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 41.86% |
| 10 | MSA Safety | 6.88 Bn | 6.16 Bn | 249.29 Mn | 18.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.01% |
| Mar 31, 2026 | 16.99% |
| Dec 31, 2025 | 16.42% |
| Sep 30, 2025 | 16.61% |
| Jun 30, 2025 | 17.69% |
| Mar 31, 2025 | 19.94% |
| Dec 31, 2024 | 20.10% |
| Sep 30, 2024 | 19.38% |
| Jun 30, 2024 | 20.27% |
| Mar 31, 2024 | 20.02% |
| Dec 31, 2023 | 12.51% |
| Sep 30, 2023 | 10.67% |
| Jun 30, 2023 | 8.99% |
| Mar 31, 2023 | 6.87% |
| Dec 31, 2022 | 11.74% |
| Sep 30, 2022 | 3.89% |
| Jun 30, 2022 | 2.30% |
| Mar 31, 2022 | 1.03% |
| Dec 31, 2021 | 1.14% |
| Sep 30, 2021 | 7.62% |
API Access
MSA Safety Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();