MSA Safety (MSA)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	284,967	58,583	179,630	21,340	124,077
Revenue	US$ in thousands	1,808,140	1,787,650	1,527,950	1,400,180	1,348,220
Net profit margin		15.76%	3.28%	11.76%	1.52%	9.20%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $284,967K ÷ $1,808,140K
= 15.76%

Based on the data provided, MSA Safety's net profit margin has shown fluctuations over the past five years. In December 2020, the net profit margin stood at 9.20%, indicating that for every dollar of revenue generated, the company retained $0.092 as profit.

However, by December 2021, the net profit margin dropped significantly to 1.52%, suggesting that the company's profitability relative to its revenue had decreased. This decline may have been influenced by various factors such as increased operating expenses or a decline in revenue growth.

By December 2022, the net profit margin saw a substantial improvement, reaching 11.76%. This uptick indicates that MSA Safety had become more efficient in managing its costs and driving profitability during that period.

In December 2023, the net profit margin decreased to 3.28%, showing a decline from the previous year. This fluctuation might be a result of changing market conditions, pricing pressures, or operational challenges faced by the company.

The most recent data point, December 2024, reflects a significant increase in the net profit margin to 15.76%, signaling a strong rebound in profitability for MSA Safety. This improvement could be attributed to strategic initiatives, cost-cutting measures, or better revenue management.

Overall, MSA Safety's net profit margin has displayed variability over the analyzed period, highlighting the importance of closely monitoring and managing profitability metrics to ensure sustained financial performance.