MSA Safety (MSA) — Free Cash Flow Generation Index
Latest as of December 2025:
0.87x
MSA Safety (MSA) has a Free Cash Flow Generation Index of 0.87x as of December 2025. Free cash flow of $106.02 Million represents 1% of operating cash flow ($122.35 Million). See MSA Safety (MSA) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.87x
Free Cash Flow / Operating CF
Free Cash Flow
$106.02 Million
USD
Operating Cash Flow
$122.35 Million
USD
Capital Expenditures
$16.33 Million
USD
MSA Safety Free Cash Flow Generation Index (1990–2025)
Historical FCF Generation Index trend for MSA Safety across 36 annual periods. Explore MSA Safety cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for MSA Safety (1990–2025)
Year-by-year Free Cash Flow Generation Index for MSA Safety. For the full company profile including market capitalisation, see market cap of MSA Safety.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.81x | $295.43 Million | $363.87 Million | $68.44 Million | ▼ -0.6% |
| 2024 | 0.82x | $242.21 Million | $296.43 Million | $54.22 Million | ▲ +51.5% |
| 2023 | 0.54x | $50.09 Million | $92.86 Million | $42.76 Million | ▼ -25.2% |
| 2022 | 0.72x | $113.51 Million | $157.46 Million | $43.94 Million | ▼ -4.3% |
| 2021 | 0.75x | $150.02 Million | $199.15 Million | $49.12 Million | ▼ -1.3% |
| 2020 | 0.76x | $157.65 Million | $206.56 Million | $48.91 Million | ▼ -1.9% |
| 2019 | 0.78x | $128.36 Million | $164.96 Million | $36.60 Million | ▼ -9.7% |
| 2018 | 0.86x | $229.93 Million | $266.81 Million | $36.89 Million | ▼ -3.9% |
| 2017 | 0.90x | $206.61 Million | $230.34 Million | $23.73 Million | ▲ +10.6% |
| 2016 | 0.81x | $109.37 Million | $134.89 Million | $25.52 Million | ▲ +135.6% |
| 2015 | 0.34x | $19.01 Million | $55.25 Million | $36.24 Million | ▼ -49.9% |
| 2014 | 0.69x | $73.45 Million | $107.03 Million | $33.58 Million | ▲ +2.4% |
| 2013 | 0.67x | $74.26 Million | $110.78 Million | $36.52 Million | ▼ -14.7% |
| 2012 | 0.79x | $118.27 Million | $150.48 Million | $32.21 Million | ▲ +22.1% |
| 2011 | 0.64x | $54.87 Million | $85.26 Million | $30.39 Million | ▲ +209.0% |
| 2010 | 0.21x | $6.58 Million | $31.61 Million | $25.02 Million | ▼ -73.5% |
| 2009 | 0.79x | $95.11 Million | $120.85 Million | $25.74 Million | ▲ +206.8% |
| 2008 | 0.26x | $15.34 Million | $59.78 Million | $44.45 Million | ▲ +25.3% |
| 2007 | 0.20x | $8.46 Million | $41.34 Million | $32.88 Million | ▼ -67.9% |
| 2006 | 0.64x | $40.11 Million | $62.84 Million | $22.73 Million | ▼ -14.7% |
| 2005 | 0.75x | $64.34 Million | $86.00 Million | $21.66 Million | ▲ +51.9% |
| 2004 | 0.49x | $26.51 Million | $53.84 Million | $27.33 Million | ▼ -4.5% |
| 2003 | 0.52x | $20.91 Million | $40.54 Million | $19.63 Million | ▼ -13.4% |
| 2002 | 0.60x | $29.39 Million | $49.33 Million | $19.95 Million | ▲ +116.4% |
| 2001 | 0.28x | $8.49 Million | $30.84 Million | $22.35 Million | ▼ -56.3% |
| 2000 | 0.63x | $32.91 Million | $52.27 Million | $19.36 Million | ▲ +87.9% |
| 1999 | 0.34x | $13.20 Million | $39.40 Million | $26.20 Million | ▲ +155.6% |
| 1998 | -0.60x | $-12.90 Million | $21.40 Million | $34.30 Million | ▼ -323.3% |
| 1997 | -0.14x | $-4.40 Million | $30.90 Million | $35.30 Million | ▼ -123.1% |
| 1996 | 0.62x | $34.90 Million | $56.50 Million | $21.60 Million | ▲ +33.3% |
| 1995 | 0.46x | $16.50 Million | $35.60 Million | $19.10 Million | ▲ +4.2% |
| 1994 | 0.44x | $18.10 Million | $40.70 Million | $22.60 Million | ▲ +160.5% |
| 1993 | 0.17x | $4.20 Million | $24.60 Million | $20.40 Million | ▼ -55.3% |
| 1992 | 0.38x | $14.10 Million | $36.90 Million | $22.80 Million | ▲ +172.6% |
| 1991 | 0.14x | $3.00 Million | $21.40 Million | $18.40 Million | ▼ -74.3% |
| 1990 | 0.55x | $30.40 Million | $55.70 Million | $25.30 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).