MSA Safety (MSA)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 389,177 231,320 239,137 51,011 166,851
Revenue US$ in thousands 1,808,140 1,787,650 1,527,950 1,400,180 1,348,220
Operating profit margin 21.52% 12.94% 15.65% 3.64% 12.38%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $389,177K ÷ $1,808,140K
= 21.52%

The operating profit margin of MSA Safety has shown fluctuations over the years. In December 2020, the operating profit margin was 12.38%, which dropped significantly to 3.64% by December 2021. However, there was a notable recovery in December 2022, with the margin increasing to 15.65%.

In the subsequent years, the operating profit margin remained relatively stable, with slight variations. In December 2023, the margin was 12.94%, showing consistency compared to the previous year. The most significant improvement was observed by December 2024, with the operating profit margin reaching 21.52%, indicating a strong performance.

Overall, the trend in MSA Safety's operating profit margin reflects both challenges and improvements over the years, with the recent years showing more positive results in terms of profitability.