MSA Safety (MSA) — Capital Reinvestment Ratio
MSA Safety (MSA) has a Capital Reinvestment Ratio of 0.13x as of December 2025, meaning it reinvests 0% of its operating cash flow ($122.35 Million) in capital expenditures ($16.33 Million). See MSA Safety balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
MSA Safety Capital Reinvestment Ratio (1990–2025)
This chart tracks MSA Safety's Capital Reinvestment Ratio across 36 annual periods. Check MSA total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for MSA Safety (1990–2025)
Year-by-year Capital Reinvestment Ratio for MSA Safety from 1990 to 2025. For live market cap and broader valuation context, see MSA Safety stock valuation.
| 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 | — |