US-listed companies
MSA Safety Inc

MSA Safety IncMSA

Market cap

$7.4B

P/E ratio

126.9x

Income statement Balance sheet Cash flow

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Net sales	983	1,179	1,180	1,112	1,137	1,131	1,150	1,197	1,358	1,402	1,348	1,400	1,528	1,788
Cost of products sold	-	-	-	-	-	-	-	-	746	765	758	785	854	936
Gross profit	376	476	514	497	518	501	524	540	612	637	590	615	674	852
Selling, general and administrative	263	306	321	309	323	315	306	298	325	331	290	333	339	397
Research and development	33	39	41	46	48	49	47	50	53	58	58	58	57	68
Restructuring Charges	14	9	3	5	9	12	6	18	13	14	27	16	8	10
Currency exchange losses, net	-0	-3	-3	-5	-2	-2	-1	-5	-2	-20	-9	-0	-10	-17
Product liability expense (Note 20)	-	-	-	-	-	-	-	-	-	-	-	185	21	0
Loss on divestiture of MSA LLC (Note 20)	-	-	-	-	-	-	-	-	-	-	-	-	-	-129
Operating income	-	-	-	-	-	-	164	43	173	186	167	23	239	231
Product liability expense (Note 20)	-	-	-	-	-	-	-	-	-	-	-	185	21	0
Interest expense	9	14	11	11	10	11	16	15	19	14	9	11	22	47
Operating income	-	-	-	-	-	-	164	43	173	186	167	23	239	231
Other income, net (Note 16)	-	-	-	-	-	-	4	2	9	11	6	12	21	22
Interest expense	9	14	11	11	10	11	16	15	19	14	9	11	22	47
Total other expense (income), net	-	-	-	-	-	-	-12	-14	-11	-2	-4	1	-1	-25
Other income, net (Note 16)	-	-	-	-	-	-	4	2	9	11	6	12	21	22
Income before income taxes	57	105	134	120	127	111	152	30	162	184	163	24	239	207
Total other expense (income), net	-	-	-	-	-	-	-12	-14	-11	-2	-4	1	-1	-25
Income Tax Expense (Benefit)	18	35	43	35	41	44	58	3	37	46	42	2	59	148
Income before income taxes	57	105	134	120	127	111	152	30	162	184	163	24	239	207
Net income	39	70	92	88	88	68	94	27	125	138	121	22	180	59
Income Tax Expense (Benefit)	18	35	43	35	41	44	58	3	37	46	42	2	59	148
Net income attributable to noncontrolling interests	1	0	1	-0	-1	-3	2	1	1	1	1	0	-	-
Net income	39	70	92	88	88	68	94	27	125	138	121	22	180	59
Net income attributable to MSA Safety Incorporated	39	70	92	88	89	71	94	27	125	138	121	22	180	59
Net income attributable to noncontrolling interests	1	0	1	-0	-1	-3	2	1	1	1	1	0	-	-
Earnings Per Share, Basic	1.06	1.91	2.45	2.37	2.37	1.89	2.45	0.68	3.23	-	-	0.54	4.58	1.49
Earnings Per Share, Diluted	1.05	1.87	2.42	2.34	2.33	1.87	2.42	0.67	3.18	-	-	0.54	4.56	1.48
Net income attributable to MSA Safety Incorporated	39	70	92	88	89	71	94	27	125	138	121	22	180	59
Common Stock, Dividends, Per Share, Cash Paid	-	-	-	-	-	-	-	-	-	-	-	1.75	1.82	1.87
Earnings Per Share, Basic	1.06	1.91	2.45	2.37	2.37	1.89	2.45	0.68	3.23	-	-	0.54	4.58	1.49
Earnings Per Share, Diluted	1.05	1.87	2.42	2.34	2.33	1.87	2.42	0.67	3.18	-	-	0.54	4.56	1.48
Common Stock, Dividends, Per Share, Cash Paid	-	-	-	-	-	-	-	-	-	-	-	1.75	1.82	1.87