MSA Safety (MSA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 47.67% | 47.48% | 46.21% | 44.90% | 44.10% | 44.13% | 43.86% | 44.04% | 43.95% | 43.73% | 43.63% | 43.54% | 44.17% | 44.95% | 45.21% | 45.45% | 45.41% | 45.53% | 45.43% | 45.24% |
| 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% |
| Pretax margin | 11.56% | 10.33% | 9.07% | 7.90% | 15.61% | 5.43% | 3.51% | 1.58% | 1.65% | 9.75% | 10.79% | 11.94% | 12.44% | 14.04% | 14.75% | 14.76% | 13.16% | 13.09% | 11.81% | 11.17% |
| Net profit margin | 3.28% | 1.97% | 0.81% | -0.38% | 11.76% | 4.49% | 2.97% | 1.44% | 1.52% | 7.12% | 7.90% | 8.88% | 9.20% | 10.64% | 11.21% | 11.19% | 9.84% | 9.37% | 8.89% | 8.47% |
MSA Safety Inc's profitability ratios show varying trends over the past eight quarters. The gross profit margin has been relatively stable, with a gradual increase from 43.68% in Q2 2022 to 47.67% in Q4 2023, indicating efficient cost management and pricing strategies.
The operating profit margin also demonstrates a positive trend, steadily improving from 3.11% in Q1 2022 to 21.68% in Q4 2023. This suggests that MSA Safety Inc has been successful in enhancing operational efficiency and controlling operating expenses.
On the other hand, the net profit margin has been more volatile, fluctuating between negative and positive values. Despite a significant peak in Q4 2022 at 11.75%, the net profit margin declined to -0.39% in Q1 2023 before recovering to 3.27% in Q4 2023. This indicates potential challenges in managing non-operating expenses and taxes.
Overall, MSA Safety Inc's profitability ratios reflect improved operational performance and gross profit efficiency. However, there may be room for enhancing bottom-line profitability through further cost optimizations and revenue growth strategies.
Return on investment
| 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 return on assets (Operating ROA) | 10.66% | 9.10% | 7.72% | 6.26% | 10.06% | 3.34% | 1.98% | 0.88% | 0.95% | 5.99% | 7.34% | 8.09% | 8.96% | 10.61% | 11.90% | 12.41% | 10.56% | 11.09% | 9.85% | 9.65% |
| Return on assets (ROA) | 2.70% | 1.53% | 0.61% | -0.28% | 7.56% | 2.79% | 1.78% | 0.85% | 0.89% | 4.32% | 5.39% | 6.01% | 6.46% | 7.92% | 8.84% | 9.16% | 7.74% | 7.66% | 7.10% | 6.88% |
| Return on total capital | 16.43% | 13.95% | 11.59% | 9.64% | 17.47% | 6.78% | 4.51% | 2.40% | 2.37% | 10.09% | 13.19% | 14.31% | 15.73% | 18.09% | 20.47% | 21.01% | 18.79% | 18.71% | 16.69% | 16.58% |
| Return on equity (ROE) | 6.06% | 3.87% | 1.60% | -0.79% | 19.45% | 7.91% | 5.12% | 2.37% | 2.56% | 11.84% | 12.59% | 14.34% | 14.79% | 18.39% | 20.89% | 22.24% | 19.01% | 18.54% | 17.76% | 17.50% |
MSA Safety Inc's profitability ratios have shown fluctuations over the past eight quarters.
1. Operating return on assets (Operating ROA) has been on an upward trend, starting at 11.69% in Q4 2022 and reaching 17.86% in Q4 2023. This indicates that the company has been generating more operating income per dollar of assets.
2. Return on assets (ROA) has been more volatile, with a negative ROA in Q1 2023 and positive ROA values in the other quarters. However, the overall trend seems to be improving, with Q4 2023 showing a return of 2.70%.
3. Return on total capital has shown an increasing trend from Q1 2022 to Q4 2023, indicating that the company has been more effective in generating returns on both equity and debt capital employed.
4. Return on equity (ROE) also demonstrates an upward trajectory from Q1 2022 to Q4 2023, although it has been less consistent than the return on total capital. Nevertheless, the improvement in ROE suggests that the company has been more profitable for its shareholders.
Overall, MSA Safety Inc's profitability ratios indicate a positive trend over the analyzed period, with improvements in operating efficiency and returns to both assets and equity. However, the company should continue monitoring and managing its profitability to sustain this growth in the future.