MSA Safety (MSA) — Cash Flow Quality Index
Latest as of June 2026:
1.11x
MSA Safety (MSA) has a Cash Flow Quality Index of 1.11x as of June 2026. Operating cash flow of $95.38 Million exceeds net income of $86.19 Million, indicating high earnings quality where cash backs reported profits. Explore MSA Safety debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
1.11x
Operating CF / Net Income
Operating Cash Flow
$95.38 Million
USD
Net Income
$86.19 Million
USD
Data as of
Jun 2026
Most recent filing
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. For the full cash flow conversion analysis, see MSA Safety (MSA) cash conversion ratio.
Annual Cash Flow Quality Index for MSA Safety (1990–2025)
Year-by-year earnings quality comparison for MSA Safety.
| 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 | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.