Flagship explainer

How MSA SAFETY INC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.9B · 100%Cost of revenue$1.0B · 54%Gross profit$871M · 46%Operating income$372M · 20%Income before tax$366M · 20%Income tax$87.5M · 5%Net income$279M · 15%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.9B100%
Cost of revenue$1.0B54%
$871M46%
$372M20%
Income before tax$366M20%
Income tax$87.5M5%
$279M15%
Source: · event Dec 31, 2025 · retrieved Oct 23, 2026 · annual-row source set
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