MSA Safety (MSA) — Capital Reinvestment Ratio

Latest as of June 2026: 0.13x

MSA Safety (MSA) has a Capital Reinvestment Ratio of 0.13x as of June 2026, meaning it reinvests 0% of its operating cash flow ($95.38 Million) in capital expenditures ($12.67 Million). Check MSA tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.13x
Capex / Operating Cash Flow

Operating Cash Flow

$95.38 Million
USD

Capital Expenditures

$12.67 Million
USD

Data as of

Jun 2026
Most recent filing

MSA Safety Capital Reinvestment Ratio (1990–2025)

This chart tracks MSA Safety's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see MSA cash flow metrics.

Annual Capital Reinvestment Ratio for MSA Safety (1990–2025)

Year-by-year Capital Reinvestment Ratio for MSA Safety from 1990 to 2025. See MSA Safety free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.19x $363.87 Million $68.44 Million ▲ +2.8%
2024 0.18x $296.43 Million $54.22 Million ▼ -60.3%
2023 0.46x $92.86 Million $42.76 Million ▲ +65.0%
2022 0.28x $157.46 Million $43.94 Million ▲ +13.1%
2021 0.25x $199.15 Million $49.12 Million ▲ +4.2%
2020 0.24x $206.56 Million $48.91 Million ▲ +6.7%
2019 0.22x $164.96 Million $36.60 Million ▲ +60.5%
2018 0.14x $266.81 Million $36.89 Million ▲ +34.2%
2017 0.10x $230.34 Million $23.73 Million ▼ -45.6%
2016 0.19x $134.89 Million $25.52 Million ▼ -71.2%
2015 0.66x $55.25 Million $36.24 Million ▲ +109.0%
2014 0.31x $107.03 Million $33.58 Million ▼ -4.8%
2013 0.33x $110.78 Million $36.52 Million ▲ +54.0%
2012 0.21x $150.48 Million $32.21 Million ▼ -39.9%
2011 0.36x $85.26 Million $30.39 Million ▼ -55.0%
2010 0.79x $31.61 Million $25.02 Million ▲ +271.8%
2009 0.21x $120.85 Million $25.74 Million ▼ -71.4%
2008 0.74x $59.78 Million $44.45 Million ▼ -6.5%
2007 0.80x $41.34 Million $32.88 Million ▲ +119.9%
2006 0.36x $62.84 Million $22.73 Million ▲ +43.6%
2005 0.25x $86.00 Million $21.66 Million ▼ -50.4%
2004 0.51x $53.84 Million $27.33 Million ▲ +4.8%
2003 0.48x $40.54 Million $19.63 Million ▲ +19.7%
2002 0.40x $49.33 Million $19.95 Million ▼ -44.2%
2001 0.72x $30.84 Million $22.35 Million ▲ +95.7%
2000 0.37x $52.27 Million $19.36 Million ▼ -44.3%
1999 0.66x $39.40 Million $26.20 Million ▼ -58.5%
1998 1.60x $21.40 Million $34.30 Million ▲ +40.3%
1997 1.14x $30.90 Million $35.30 Million ▲ +198.8%
1996 0.38x $56.50 Million $21.60 Million ▼ -28.7%
1995 0.54x $35.60 Million $19.10 Million ▼ -3.4%
1994 0.56x $40.70 Million $22.60 Million ▼ -33.0%
1993 0.83x $24.60 Million $20.40 Million ▲ +34.2%
1992 0.62x $36.90 Million $22.80 Million ▼ -28.1%
1991 0.86x $21.40 Million $18.40 Million ▲ +89.3%
1990 0.45x $55.70 Million $25.30 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow