MSA Safety (MSA) — Cash Flow Quality Index
MSA Safety (MSA) has a Cash Flow Quality Index of 1.41x as of December 2025. Operating cash flow of $122.35 Million exceeds net income of $86.93 Million, indicating high earnings quality where cash backs reported profits. Explore MSA Safety (MSA) long-term investment share to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
MSA Safety Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for MSA Safety across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check MSA Safety tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for MSA Safety (1990–2025)
Year-by-year earnings quality comparison for MSA Safety. For live market cap and the full company financial profile, see MSA market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.30x | $363.87 Million | $278.92 Million | ▲ +25.4% |
| 2024 | 1.04x | $296.43 Million | $284.97 Million | ▼ -34.4% |
| 2023 | 1.59x | $92.86 Million | $58.58 Million | ▲ +80.8% |
| 2022 | 0.88x | $157.46 Million | $179.63 Million | ▼ -90.4% |
| 2021 | 9.14x | $199.15 Million | $21.79 Million | ▲ +436.1% |
| 2020 | 1.70x | $206.56 Million | $121.16 Million | ▲ +42.3% |
| 2019 | 1.20x | $164.96 Million | $137.65 Million | ▼ -43.8% |
| 2018 | 2.13x | $266.81 Million | $125.11 Million | ▼ -75.0% |
| 2017 | 8.54x | $230.34 Million | $26.96 Million | ▲ +494.6% |
| 2016 | 1.44x | $134.89 Million | $93.86 Million | ▲ +76.7% |
| 2015 | 0.81x | $55.25 Million | $67.94 Million | ▼ -33.2% |
| 2014 | 1.22x | $107.03 Million | $87.93 Million | ▼ -3.3% |
| 2013 | 1.26x | $110.78 Million | $88.05 Million | ▼ -23.3% |
| 2012 | 1.64x | $150.48 Million | $91.76 Million | ▲ +34.7% |
| 2011 | 1.22x | $85.26 Million | $70.05 Million | ▲ +50.4% |
| 2010 | 0.81x | $31.61 Million | $39.06 Million | ▼ -71.0% |
| 2009 | 2.79x | $120.85 Million | $43.34 Million | ▲ +228.5% |
| 2008 | 0.85x | $59.78 Million | $70.42 Million | ▲ +38.8% |
| 2007 | 0.61x | $41.34 Million | $67.59 Million | ▼ -37.8% |
| 2006 | 0.98x | $62.84 Million | $63.92 Million | ▼ -6.5% |
| 2005 | 1.05x | $86.00 Million | $81.78 Million | ▲ +38.8% |
| 2004 | 0.76x | $53.84 Million | $71.05 Million | ▲ +22.0% |
| 2003 | 0.62x | $40.54 Million | $65.27 Million | ▼ -55.8% |
| 2002 | 1.41x | $49.33 Million | $35.08 Million | ▲ +44.3% |
| 2001 | 0.97x | $30.84 Million | $31.63 Million | ▼ -56.7% |
| 2000 | 2.25x | $52.27 Million | $23.24 Million | ▼ -13.8% |
| 1999 | 2.61x | $39.40 Million | $15.10 Million | ▲ +123.1% |
| 1998 | 1.17x | $21.40 Million | $18.30 Million | ▼ -17.1% |
| 1997 | 1.41x | $30.90 Million | $21.90 Million | ▼ -42.3% |
| 1996 | 2.45x | $56.50 Million | $23.10 Million | ▲ +29.9% |
| 1995 | 1.88x | $35.60 Million | $18.90 Million | ▼ -29.2% |
| 1994 | 2.66x | $40.70 Million | $15.30 Million | ▲ +14.6% |
| 1993 | 2.32x | $24.60 Million | $10.60 Million | ▼ -27.0% |
| 1992 | 3.18x | $36.90 Million | $11.60 Million | ▲ +178.0% |
| 1991 | 1.14x | $21.40 Million | $18.70 Million | ▼ -40.0% |
| 1990 | 1.91x | $55.70 Million | $29.20 Million | — |