MSA Safety Net Income vs. Return On Asset

MSA Stock  USD 162.24  2.10  1.31%   
Based on the key profitability measurements obtained from MSA Safety's financial statements, MSA Safety is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in February. Profitability indicators assess MSA Safety's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1985-09-30
Previous Quarter
62.8 M
Current Value
69.6 M
Quarterly Volatility
22.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, MSA Safety's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 53.96, whereas Operating Cash Flow Sales Ratio is forecasted to decline to 0.07. At present, MSA Safety's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 452.8 M, whereas Accumulated Other Comprehensive Income is forecasted to decline to (133.9 M). At present, MSA Safety's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Pretax Profit Margin is expected to grow to 0.20, whereas Gross Profit Margin is forecasted to decline to 0.32.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.320.43
Way Down
Very volatile
Net Profit Margin0.150.14
Notably Up
Slightly volatile
Operating Profit Margin0.20.19
Notably Up
Slightly volatile
Pretax Profit Margin0.20.19
Notably Up
Slightly volatile
Return On Assets0.120.1292
Significantly Down
Pretty Stable
Return On Equity0.240.22
Significantly Up
Pretty Stable
For MSA Safety profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MSA Safety to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MSA Safety utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MSA Safety's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MSA Safety over time as well as its relative position and ranking within its peers.
Check out Correlation Analysis.
For information on how to trade MSA Stock refer to our How to Trade MSA Stock guide.The next projected EPS of MSA Safety is estimated to be 1.9 with future projections ranging from a low of 1.67 to a high of 2.13. MSA Safety's most recent 12-month trailing earnings per share (EPS TTM) is at 7.09. Please be aware that the consensus of earnings estimates for MSA Safety is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
MSA Safety is projected to generate 1.9 in earnings per share on the 31st of March 2026. MSA Safety earnings estimates show analyst consensus about projected MSA Safety EPS (Earning Per Share). It derives the highest and the lowest estimates based on MSA Safety's historical volatility. Many public companies, such as MSA Safety, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing MSA Safety's earnings estimates, investors can diagnose different trends across MSA Safety's analyst sentiment over time as well as compare current estimates against different timeframes.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MSA Safety. If investors know MSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MSA Safety listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.047
Dividend Share
2.08
Earnings Share
7.09
Revenue Per Share
47.44
Quarterly Revenue Growth
0.083
The market value of MSA Safety is measured differently than its book value, which is the value of MSA that is recorded on the company's balance sheet. Investors also form their own opinion of MSA Safety's value that differs from its market value or its book value, called intrinsic value, which is MSA Safety's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MSA Safety's market value can be influenced by many factors that don't directly affect MSA Safety's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MSA Safety's value and its price as these two are different measures arrived at by different means. Investors typically determine if MSA Safety is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MSA Safety's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

MSA Safety Return On Asset vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining MSA Safety's current stock value. Our valuation model uses many indicators to compare MSA Safety value to that of its competitors to determine the firm's financial worth.
MSA Safety is regarded fourth in net income category among its peers. It is considered to be number one stock in return on asset category among its peers . The ratio of Net Income to Return On Asset for MSA Safety is about  2,592,966,333 . At present, MSA Safety's Net Income is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MSA Safety's earnings, one of the primary drivers of an investment's value.

MSA Safety's Earnings Breakdown by Geography

MSA Return On Asset vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

MSA Safety

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
284.97 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

MSA Safety

Return On Asset

 = 

Net Income

Total Assets

 = 
0.11
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

MSA Return On Asset Comparison

MSA Safety is currently under evaluation in return on asset category among its peers.

MSA Safety Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in MSA Safety, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MSA Safety will eventually generate negative long term returns. The profitability progress is the general direction of MSA Safety's change in net profit over the period of time. It can combine multiple indicators of MSA Safety, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-127.5 M-133.9 M
Operating Income447.6 M469.9 M
Income Before Tax431.3 M452.8 M
Total Other Income Expense Net-12.8 M-12.1 M
Net Income327.7 M344.1 M
Income Tax Expense103.5 M108.7 M
Net Income Applicable To Common Shares327.6 M344 M
Net Income From Continuing Ops327.7 M344.1 M
Non Operating Income Net Other24.2 M25.4 M
Interest Income6.3 M4.2 M
Net Interest Income-26.9 M-28.2 M
Change To Netincome40.4 M38.8 M
Net Income Per Share 6.52  6.84 
Income Quality 0.94  1.54 
Net Income Per E B T 0.68  0.52 

MSA Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on MSA Safety. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MSA Safety position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MSA Safety's important profitability drivers and their relationship over time.

MSA Safety Earnings Estimation Breakdown

The calculation of MSA Safety's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of MSA Safety is estimated to be 1.9 with the future projection ranging from a low of 1.67 to a high of 2.13. Please be aware that this consensus of annual earnings estimates for MSA Safety is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
1.67
Lowest
Expected EPS
1.9
2.13
Highest

MSA Safety Earnings Projection Consensus

Suppose the current estimates of MSA Safety's value are higher than the current market price of the MSA Safety stock. In this case, investors may conclude that MSA Safety is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and MSA Safety's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
688.53%
0.0
1.9
7.09

MSA Safety Earnings History

Earnings estimate consensus by MSA Safety analysts from Wall Street is used by the market to judge MSA Safety's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only MSA Safety's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

MSA Safety Quarterly Gross Profit

217.62 Million

At present, MSA Safety's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Earnings Yield is expected to grow to 0.06, whereas Retained Earnings Total Equity is forecasted to decline to about 891.9 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 344 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 34.7 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MSA Safety's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
160.43162.09163.75
Details
Intrinsic
Valuation
LowRealHigh
146.02176.04177.70
Details
Naive
Forecast
LowNextHigh
161.33162.99164.65
Details
5 Analysts
Consensus
LowTargetHigh
172.45189.50210.35
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of MSA assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards MSA Safety. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving MSA Safety's stock price in the short term.

MSA Safety Earnings per Share Projection vs Actual

Actual Earning per Share of MSA Safety refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering MSA Safety predict the company's earnings will be in the future. The higher the earnings per share of MSA Safety, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

MSA Safety Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as MSA Safety, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of MSA Safety should always be considered in relation to other companies to make a more educated investment decision.

MSA Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact MSA Safety's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
null
nullnullnullnull
2025-10-28
2025-09-301.891.940.05
2025-07-22
2025-06-301.821.930.11
2025-04-28
2025-03-311.581.680.1
2025-02-12
2024-12-312.352.25-0.1
2024-10-23
2024-09-301.811.830.02
2024-07-24
2024-06-301.962.010.05
2024-04-29
2024-03-311.561.610.05
2024-02-14
2023-12-311.872.060.1910 
2023-10-24
2023-09-301.461.780.3221 
2023-07-31
2023-06-301.471.830.3624 
2023-05-01
2023-03-311.051.360.3129 
2023-02-15
2022-12-311.631.80.1710 
2022-10-26
2022-09-301.241.450.2116 
2022-07-27
2022-06-301.251.290.04
2022-04-27
2022-03-310.931.10.1718 
2022-02-17
2021-12-311.211.670.4638 
2021-10-27
2021-09-301.030.94-0.09
2021-07-28
2021-06-301.041.060.02
2021-04-28
2021-03-310.950.950.0
2021-02-18
2020-12-311.051.270.2220 
2020-10-28
2020-09-301.070.94-0.1312 
2020-07-29
2020-06-300.951.110.1616 
2020-04-29
2020-03-310.981.180.220 
2020-02-19
2019-12-311.371.29-0.08
2019-10-23
2019-09-301.181.15-0.03
2019-07-24
2019-06-301.181.220.04
2019-04-24
2019-03-311.11.140.04
2019-02-20
2018-12-311.271.270.0
2018-10-24
2018-09-301.051.160.1110 
2018-07-25
2018-06-301.111.07-0.04
2018-04-23
2018-03-310.841.010.1720 
2018-02-20
2017-12-310.991.310.3232 
2017-10-19
2017-09-300.80.920.1215 
2017-08-03
2017-06-300.880.85-0.03
2017-04-25
2017-03-310.50.580.0816 
2017-02-23
2016-12-310.820.78-0.04
2016-10-27
2016-09-300.660.720.06
2016-07-20
2016-06-300.730.790.06
2016-04-28
2016-03-310.440.480.04
2016-02-23
2015-12-310.680.840.1623 
2015-10-21
2015-09-300.60.59-0.01
2015-07-22
2015-06-300.590.670.0813 
2015-04-27
2015-03-310.520.42-0.119 
2015-02-16
2014-12-310.710.930.2230 
2014-10-22
2014-09-300.550.570.02
2014-07-23
2014-06-300.640.6-0.04
2014-04-22
2014-03-310.590.36-0.2338 
2014-02-12
2013-12-310.570.690.1221 
2013-10-23
2013-09-300.690.52-0.1724 
2013-07-24
2013-06-300.670.690.02
2013-04-24
2013-03-310.60.52-0.0813 
2013-02-13
2012-12-310.550.570.02
2012-10-24
2012-09-300.570.51-0.0610 
2012-07-25
2012-06-300.670.61-0.06
2012-04-25
2012-03-310.50.640.1428 
2012-02-15
2011-12-310.590.46-0.1322 
2011-10-27
2011-09-300.480.540.0612 
2011-07-28
2011-06-300.490.530.04
2011-04-28
2011-03-310.340.360.02
2011-02-28
2010-12-310.380.430.0513 
2010-10-28
2010-09-300.340.3-0.0411 
2010-07-28
2010-06-300.350.32-0.03
2010-04-29
2010-03-310.270.14-0.1348 
2010-02-26
2009-12-310.340.350.01
2009-10-29
2009-09-300.370.3-0.0718 
2009-07-28
2009-06-300.320.350.03
2009-04-30
2009-03-310.290.2-0.0931 
2009-02-26
2008-12-310.480.46-0.02
2008-10-27
2008-09-300.420.50.0819 
2008-07-28
2008-06-300.60.55-0.05
2008-05-01
2008-03-310.570.44-0.1322 
2008-02-29
2007-12-310.630.51-0.1219 
2007-11-01
2007-09-300.470.33-0.1429 
2007-08-07
2007-06-300.510.530.02
2007-05-09
2007-03-310.590.44-0.1525 
2007-02-27
2006-12-310.510.530.02
2006-11-02
2006-09-300.410.34-0.0717 
2006-08-01
2006-06-300.550.43-0.1221 
2006-05-10
2006-03-310.550.52-0.03
2006-03-01
2005-12-310.610.650.04
2005-11-03
2005-09-300.520.46-0.0611 
2005-08-03
2005-06-300.590.52-0.0711 
2005-05-05
2005-03-310.480.570.0918 
2005-03-01
2004-12-310.560.46-0.117 
2004-11-03
2004-09-300.460.50.04
2004-08-04
2004-06-300.420.480.0614 
2004-04-29
2004-03-310.290.430.1448 
2004-03-02
2003-12-310.30.410.1136 
2003-11-03
2003-09-300.270.290.02
1994-04-27
1994-03-310.130.09-0.0430 

Use MSA Safety in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MSA Safety position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MSA Safety will appreciate offsetting losses from the drop in the long position's value.

MSA Safety Pair Trading

MSA Safety Pair Trading Analysis

The ability to find closely correlated positions to MSA Safety could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MSA Safety when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MSA Safety - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MSA Safety to buy it.
The correlation of MSA Safety is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MSA Safety moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MSA Safety moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MSA Safety can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your MSA Safety position

In addition to having MSA Safety in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Casinos
Casinos Theme
Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 51 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Casinos Theme or any other thematic opportunities.
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When determining whether MSA Safety offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MSA Safety's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Msa Safety Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Msa Safety Stock:
Check out Correlation Analysis.
For information on how to trade MSA Stock refer to our How to Trade MSA Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
To fully project MSA Safety's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MSA Safety at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MSA Safety's income statement, its balance sheet, and the statement of cash flows.
Potential MSA Safety investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although MSA Safety investors may work on each financial statement separately, they are all related. The changes in MSA Safety's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MSA Safety's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.