MSA Safety (MSA)

Operating profit margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Operating income (ttm) US$ in thousands 231,320 199,690 169,880 136,408 239,137 79,678 47,767 21,366 22,781 135,302 144,049 157,208 171,907 190,220 208,685 214,869 188,247 188,496 168,885 161,204
Revenue (ttm) US$ in thousands 1,787,646 1,708,559 1,648,578 1,586,762 1,527,954 1,483,509 1,447,089 1,415,368 1,400,181 1,370,674 1,338,733 1,315,694 1,348,223 1,335,229 1,381,851 1,417,088 1,401,981 1,388,510 1,368,592 1,358,248
Operating profit margin 12.94% 11.69% 10.30% 8.60% 15.65% 5.37% 3.30% 1.51% 1.63% 9.87% 10.76% 11.95% 12.75% 14.25% 15.10% 15.16% 13.43% 13.58% 12.34% 11.87%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $231,320K ÷ $1,787,646K
= 12.94%

Over the past eight quarters, MSA Safety Inc has demonstrated a gradually improving trend in its operating profit margin. The operating profit margin, a key profitability metric, measures the company's ability to generate profit from its core operations before interest and taxes.

In particular, from Q1 2022 to Q4 2023, MSA Safety Inc's operating profit margin has increased from 3.11% to 21.68%. This substantial improvement indicates that the company has been able to effectively control its operating expenses and costs over the quarters, leading to higher profitability with each passing period.

Overall, the consistent growth in the operating profit margin reflects positively on MSA Safety Inc's operational efficiency and indicates that the company is on a path towards stronger financial performance. It suggests that the company is effectively managing its costs while maximizing revenue generation, which is a good sign for investors and stakeholders.


Peer comparison

Dec 31, 2023