MSA Safety (MSA) Return on Invested Capital [ROIC] (2010 - 2026)
MSA Safety's Return on Invested Capital [ROIC] was 15.94% in Q2 2026, up 0.36 percentage points from 15.58% a year earlier and up 0.88 percentage points from the prior quarter.
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Analysis
MSA Safety (MSA) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at MSA Safety came in at 15.73%, down 2.64 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +4.28 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 18.37% in FY2024 (+14.09 pp), 4.28% in FY2023 (-8.02 pp), 12.30% in FY2022 (+10.67 pp) and 1.63% in FY2021 (-9.82 pp).
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in three of the last eight quarters, with an average year-over-year change of +2.26 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2024 (a gain of 17.93 percentage points); the worst was Q4 2021 (a drop of 9.77 percentage points).
- Per Business Quant data, MSA's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 15.06% (Q1 2026), 14.59% (Q4 2025) and 14.71% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 15.86% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 16.52% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 9.33% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 10.34% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 15.40% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 23.98% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 10.94% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 22.67% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 27.10% |
| 10 | MSA Safety | 7.00 Bn | 6.28 Bn | 249.29 Mn | 15.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.94% |
| Mar 31, 2026 | 15.06% |
| Dec 31, 2025 | 14.59% |
| Sep 30, 2025 | 14.71% |
| Jun 30, 2025 | 15.58% |
| Mar 31, 2025 | 17.56% |
| Dec 31, 2024 | 17.92% |
| Sep 30, 2024 | 17.48% |
| Jun 30, 2024 | 17.86% |
| Mar 31, 2024 | 17.93% |
| Dec 31, 2023 | 4.12% |
| Sep 30, 2023 | 2.34% |
| Jun 30, 2023 | 0.92% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 12.24% |
| Sep 30, 2022 | 4.54% |
| Jun 30, 2022 | 2.77% |
| Mar 31, 2022 | 1.35% |
| Dec 31, 2021 | 1.47% |
| Sep 30, 2021 | 7.59% |
API Access
MSA Safety Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=MSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();