Established in 1914, MSA Safety Incorporated is the global leader in the development, manufacture and supply of safety products that protect people and facility infrastructures. Many MSA products integrate a combination of electronics, mechanical systems and advanced materials to protect users against hazardous or life-threatening situations. The company's comprehensive product line is used by workers around the world in a broad range of markets, including the oil, gas and petrochemical industry, the fire service, the construction industry, mining and the military. MSA's core products include self-contained breathing apparatus, fixed gas and flame detection systems, portable gas detection instruments, industrial head protection products, firefighter helmets and protective apparel, and fall protection devices. With 2020 revenues of $1.35 billion, MSA employs approximately 5,000 people worldwide. The company is headquartered north of Pittsburgh in Cranberry Township, Pa., and has manufacturing operations in the United States, Europe, Asia and Latin America. With more than 40 international locations, MSA realizes approximately half of its revenue from outside North America.
Company profile
Ticker
MSA
Exchange
Website
CEO
Nishan Vartanian
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Zimmer Biomet • Enovis • Steris • Intuitive Surgical • Avanos Medical • Edwards Lifesciences • Invacare • Align Technology • Wright Medical • Surgalign ...
Former names
MINE SAFETY APPLIANCES CO
SEC CIK
Corporate docs
Subsidiaries
Compañia MSA de Argentina S.A. • General Monitors Ireland Limited • General Monitors, Inc. • Globe Holding Company, LLC • Latchways plc • Mine Safety Appliances Company, LLC • MSA (China) Safety Equipment Co. Ltd. • MSA (Suzhou) Safety Equipment R&D Co., Ltd • MSA Advanced Detection, LLC • MSA Belgium bvba ...
IRS number
250668780
MSA stock data
News
MSA Safety Earnings Perspective: Return On Invested Capital
12 Aug 22
MSA Safety: Q2 Earnings Insights
27 Jul 22
MSA Safety Q2 EPS $1.29 Beats $1.25 Estimate, Sales $372.31M Beat $363.70M Estimate
27 Jul 22
Earnings Scheduled For July 27, 2022
27 Jul 22
London Fire Brigade Selects MSA Safety For $9M Breathing Apparatus Contract
26 Jul 22
Press releases
MSA Safety Declares Third Quarter Dividend
2 Aug 22
MSA Safety Announces Chief Financial Officer Transition
1 Aug 22
MSA Safety Announces Second Quarter Results
27 Jul 22
London Fire Brigade Selects MSA Safety for New Breathing Apparatus Contract
26 Jul 22
Los Angeles County Fire Department Selects MSA's G1 Breathing Apparatus
21 Jul 22
Calendar
28 Jul 22
20 Aug 22
31 Dec 22
Financial summary
| Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 135.57M | 135.57M | 135.57M | 135.57M | 135.57M | 135.57M |
| Cash burn (monthly) | 4.06M | 3.24M | (no burn) | (no burn) | 10.34M | (no burn) |
| Cash used (since last report) | 6.84M | 5.45M | n/a | n/a | 17.41M | n/a |
| Cash remaining | 128.73M | 130.12M | n/a | n/a | 118.16M | n/a |
| Runway (months of cash) | 31.7 | 40.2 | n/a | n/a | 11.4 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 Aug 22 | Bruggeworth Robert A | Common Stock, no par value | Sell | Dispose S | No | No | 131 | 885 | 115.94K | 2,423 |
| 12 Aug 22 | Bruggeworth Robert A | Common Stock, no par value | Option exercise | Acquire M | No | No | 49.92 | 2,179 | 108.78K | 3,308 |
| 12 Aug 22 | Bruggeworth Robert A | Non-statutory Stock Option Common Stock, no par value | Option exercise | Dispose M | No | No | 49.92 | 2,179 | 108.78K | 0 |
| 12 Aug 22 | Bruggeworth Robert A | Common Stock, no par value | Sell | Dispose S | No | No | 131 | 835 | 109.39K | 2,473 |
| 11 Aug 22 | Rebecca B Roberts | Common Stock, no par value | Gift | Dispose G | No | No | 0 | 60 | 0 | 11,280 |
| 10 Aug 22 | William M Lambert | Common Stock, no par value | Sell | Dispose S | No | No | 126.5951 | 33,885 | 4.29M | 42,869 |
| 10 Aug 22 | William M Lambert | Common Stock, no par value | Sell | Dispose S | No | No | 127.3918 | 9,642 | 1.23M | 76,754 |
| 10 Aug 22 | William M Lambert | Common Stock, no par value | Sell | Dispose S | No | No | 128.2621 | 8,922 | 1.14M | 86,396 |
| 10 Aug 22 | William M Lambert | Common Stock, no par value | Sell | Dispose S | No | No | 125.7243 | 700 | 88.01K | 95,318 |
| 10 Aug 22 | William M Lambert | Common Stock, no par value | Option exercise | Acquire M | No | No | 44.5 | 53,149 | 2.37M | 96,018 |
Institutional ownership, Q2 2022
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0 |
| Total shares | 0 |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|
Financial report summary
?Competition
Honeywell InternationalRisks
- Claims of injuries or potential safety issues related to alleged product defects, or quality concerns against our various subsidiaries could have a material adverse effect on our business, operating results, financial condition and liquidity.
- Our subsidiaries, including Mine Safety Appliances Company, LLC, may experience losses from product liability claims. Losses from product liability claims could have a material adverse effect on our business, operating results, financial condition and liquidity, which could introduce volatility from period-to-period in our financial results.
Management Discussion
- Net Sales. Net sales for the three months ended June 30, 2022, were $372.3 million, an increase of $31.0 million, or 9.1%, compared to $341.3 million in the same period last year, driven by acquisitions and the combination of volume growth and price realization. We saw healthy growth across most core products. Please refer to the Net Sales table for a reconciliation of the quarter over quarter sales change.
- (a) Includes Bacharach, Inc. and its affiliated companies ("Bacharach"), which was acquired on July 1, 2021.
- Note: Organic constant currency sales change is a non-GAAP financial measure provided by the Company to give a better understanding of the Company's underlying business performance. Organic constant currency sales change is calculated by deducting the percentage impact from acquisitions and currency translation effects from the overall percentage change in net sales.
Content analysis
?| Positive | ||
| Negative | ||
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| Legalese | ||
| Litigous | ||
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H.S. freshman Avg
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New words:
broader, Corrupt, culturally, diverse, easily, expropriation, extra, hiring, hundred, instability, intellectual, merit, movement, privacy, realization, regulatory, retaining, rightsize, Scarcity, security, semiconductor, strength, substituted, supplier, tariff, theft, transportation, unexpected, unintended, Union, weather, worldwide
Removed:
APAC, application, assembled, attrition, combining, contributory, coupled, deliver, demand, discount, EMEA, essential, FGFD, finite, foreseeable, fulfill, identifiable, independent, individually, involved, maintaining, meaningful, pandemic, performed, persist, Pittsburgh, practicable, preliminary, produce, project, protecting, relief, royalty, separately, specialist, spending, successfully, tangible, tasked, workforce
Financial reports
Current reports
8-K/A
Departure of Directors or Certain Officers
11 Aug 22
8-K
MSA Safety Announces Chief Financial Officer Transition
1 Aug 22
8-K
MSA Safety Announces Second Quarter Results
27 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
13 May 22
8-K
MSA Safety Announces First Quarter Results
27 Apr 22
8-K
MSA Safety Announces Fourth Quarter Results
17 Feb 22
8-K
MSA Safety Announces Third Quarter Results
27 Oct 21
8-K
MSA Safety Announces Second Quarter Results
28 Jul 21
8-K/A
Financial Statements and Exhibits
16 Jul 21
8-K
Entry into a Material Definitive Agreement
1 Jul 21
Registration and prospectus
S-8
Registration of securities for employees
5 Jun 19
S-8
Registration of securities for employees
17 May 17
S-8
Registration of securities for employees
1 Nov 16
S-8 POS
Registration of securities for employees (post-effective amendment)
26 Feb 15
S-8
Registration of securities for employees
4 Nov 14
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Mar 14
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Mar 14
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Mar 14
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Mar 14
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Mar 14
Other
SD
Conflict minerals disclosure
25 May 22
SD
Conflict minerals disclosure
27 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
UPLOAD
Letter from SEC
31 Aug 16
CORRESP
Correspondence with SEC
3 Aug 16
UPLOAD
Letter from SEC
6 Jul 16
CORRESP
Correspondence with SEC
21 Jun 16
Ownership
4/A
MSA Safety / ROBERT A BRUGGEWORTH ownership change
18 Aug 22
4
MSA Safety / ROBERT A BRUGGEWORTH ownership change
15 Aug 22
4
MSA Safety / Rebecca B Roberts ownership change
15 Aug 22
4
MSA Safety / WILLIAM M LAMBERT ownership change
11 Aug 22
4
MSA Safety / WILLIAM M LAMBERT ownership change
10 Aug 22
4
MSA Safety / Rebecca B Roberts ownership change
8 Aug 22
11-K
Annual report of employee stock purchases
29 Jun 22
4
MSA Safety / Luca Savi ownership change
13 Jun 22
4
MSA Safety / DIANE M PEARSE ownership change
13 Jun 22
4
MSA Safety / Gregory B. Jordan ownership change
13 Jun 22
Patents
Utility
Safety Device for Providing Output to an Individual Associated with a Hazardous Environment
18 Aug 22
Provided are computer-implemented systems and methods for a device that includes at least one processor programmed or configured to receive one or more messages from a device in an transmit state, the one or more messages comprising a first message received at a first power level, the first message comprising data associated with a power level at which the first message was transmitted by the transmitting device, and a second messages received at a second power level, the second message comprising data associated with a power level at which the second message was transmitted by the transmitting device.
Utility
Detection of blockage in a porous member
16 Aug 22
A method of detecting at least a blockage status in a porous member separating a measurement chamber of a device including a gas sensor positioned within the measurement chamber which is responsive to an analyte in an ambient environment to be sampled, includes emitting pressure waves from a pressure wave source which travel within the measurement chamber, measuring a first response via a first sensor responsive to pressure waves positioned at a first position within the measurement chamber, measuring a second response via a second sensor at a second position, different from the first position, and in fluid connection with the pressure wave source, determining the blockage status of the porous member based upon a functional relation of the first response and the second response.
Utility
Electrochemical method to determine the sensitivity of a gas sensor by pulse sequences
9 Aug 22
An electrochemical method for determining the sensitivity of at least one gas sensor.
Utility
Pressure Regulator Assembly and Bypass Assembly for a Self-contained Breathing Apparatus
30 Jun 22
A pressure regulator assembly for an SCBA includes a valve assembly having a piston, a cylinder for receiving the piston, a sealing member for engagement by the piston, a conduit extending through the piston and facilitating fluid communication between an inlet chamber and a cavity of the cylinder, and a driving assembly for facilitating the engagement and disengagement of the piston responsive to a change of pressure in the outlet chamber.
Utility
Safety device for providing output to an individual associated with a hazardous environment
31 May 22
Provided are computer-implemented methods that include receiving one or more messages from a device in a transmit state, including: a first message received at a first power level, the first message including data associated with a power level at which the first message was transmitted by the device in the transmit state, and a second message received at a second power level, the second message including data associated with a power level at which the second message was transmitted by the device in the transmit state; and determining a heading toward the device in the transmit state based on the first message and the second message.
Transcripts
2022 Q2
Earnings call transcript
30 Jul 22
2022 Q1
Earnings call transcript
30 Apr 22
2021 Q4
Earnings call transcript
18 Feb 22
2021 Q2
Earnings call transcript
31 Jul 21
2021 Q1
Earnings call transcript
2 May 21
2020 Q4
Earnings call transcript
19 Feb 21
2020 Q3
Earnings call transcript
1 Nov 20
2020 Q2
Earnings call transcript
1 Aug 20
2020 Q1
Earnings call transcript
3 May 20
2019 Q4
Earnings call transcript
20 Feb 20
Reddit threads
Daily Discussion Thread - August 15th, 2022
15 Aug 22
Daily Discussion Thread - August 12th, 2022
12 Aug 22
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
MSA Safety Incorporated - A Primer (NYSE: MSA)
18 Jul 22
Weekend Discussion Thread
15 Jul 22
Anybody going in after the recent drop with MO?
23 Jun 22
50 stocks with at least 20 years of consecutive years of dividend growth within 10% of their 52-Week Low (List in the comments)
26 May 22
Buffet's reason for investing in Paramount Global
17 May 22