Company Analysis

Mine Safety Incorporated (MSA)

NYSE: MSA · Orthopedic, Prosthetic & Surgical Appliances & Supplies · Cranberry Township, PA · filing with the SEC since 1994
Grade6.3
◀ Past 7.1● Present 6.8▶ Future 4.8

The grade of Mine Safety Incorporated

Nine metrics read from its own filings, by tense
Headline grade
6.3/10
◀ Past7.130% of the headline
● Present6.840% of the headline
▶ Future4.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.8/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 78th percentile among 29 sector filers · read for itself

From the record

Mine Safety Incorporated's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.0/10

What has it actually done, year after year?

+5.6% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 70th percentile among 25 sector filers · read for its customers

From the record

Mine Safety Incorporated's 10 filed years say what it did: revenue went from $1.1 billion in fiscal 2016 to $1.9 billion in fiscal 2025, up 5.6% a year; it rose in 8 of 9 years; the deepest fall was 4% from fiscal 2019 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span5.6%bottom 46% of its family
  • the share of years revenue rosetop 28% of its family
  • the share of filed years with a profittop 18% of its family
  • the deepest fall from a revenue peak3.8%top 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.2/10

How has it treated the people who own it?

Share count shrank 0.1% a year. 31% of cash flow returned. Insiders: 4 sales, 1 purchases.

weight 22% of this tense · 62nd percentile among 12 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Mine Safety Incorporated's diluted share count shrank about 0.1% a year, and dividends and buybacks returned about 31% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales and 1 purchase of their own stock on the open market in the year to 2026-09-30, buying about $71 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 21% of its family
  • cash returned against operating cash flowbottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.9/10

Is it financially healthy right now?

ROE 20%: 20¢ of profit per shareholder dollar. Leverage 46%: owes 46¢ per asset dollar.

weight 45% of this tense · 69th percentile among 27 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Mine Safety Incorporated earned about 20 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 34 cents per dollar of everything the company owns. Leverage: it owed about 46 cents per dollar of assets, and net share issuance: its share count shrank 0.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 41% of its family
  • return on equitytop 2% of its family
  • gross profit against assetstop 42% of its family
  • the share count against the year beforetop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.2/10

How strong is its position in its industry?

top 28% of 26 in its family; net margin 14.9%.

weight 33% of this tense · 72nd percentile among 26 sector filers · read for its customers

From the record

Mine Safety Incorporated's standing among 26 graded names in its industry family: revenue of $1.9 billion in fiscal 2025 ranks in the top 29% by size; a net margin of 14.9% ranks in the top 10%; revenue growth of 7.1% a year over the last 3 filed years ranks in the top 46% (its annual reports).

What it rests on

  • revenue against the family$1.87Btop 29% of its family
  • net margin14.9%top 10% of its family
  • three-year revenue growth7.1%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.1/10

What are the people in charge doing?

top 39% of 17 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 61st percentile among 17 sector filers · read for its shareholders

From the record

Mine Safety Incorporated's leadership, from its insiders' filings and its current reports: the chief executive on the record is Blanco, Steven C. Sr. (CEO, as filed), filing under that title since 2025-02-20, 1.7 years (bottom 32% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 7.3 years (top 28%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 20%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 16 peopletop 20% of its family
  • the median years the people in charge have filed7.3 yearstop 28% of its family
  • the chief executive's years on the record1.7 yearsbottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.8/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.1/10

How much room does it have to grow?

bottom 41% of 25 in its family for room to expand.

weight 45% of this tense · 41st percentile among 25 sector filers · read for itself

From the record

Mine Safety Incorporated's room to grow, from the newest filed statements (fiscal 2025): cash of $165 million against debt of $573 million leaves -16% of its assets as net cash, bottom 24% of its family; cash from operations less capital spending is 15.8% of revenue (top 22%); a gross margin of 46.5% (top 50%); research spending of 3.5% of revenue (bottom 11%) (its annual report).

What it rests on

  • cash less debt against assets-16.0%bottom 24% of its family
  • cash from operations less capital spending against revenue15.8%top 22% of its family
  • gross margin46.5%top 50% of its family
  • research spending against revenue3.5%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.9/10

What could actually drive growth from here?

bottom 49% of 25 in its family for growth drivers.

weight 33% of this tense · 49th percentile among 25 sector filers · read for its customers

From the record

Mine Safety Incorporated's growth drivers, from the filed years to fiscal 2025: revenue grew 7.1% a year over the last three filed years against 5.6% over all 10, speeding up (bottom 46% of its family); the newest year grew 3.7% (bottom 38%); research spending grew 4.7% a year (bottom 48%); capital spending grew 17.2% a year (top 35%) (its annual reports). Mine Safety Incorporated tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+1.5 points a yearbottom 46% of its family
  • the newest year's revenue growth3.7%bottom 38% of its family
  • three-year growth of research spending4.7%bottom 48% of its family
  • three-year growth of capital spending17.2%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.0/10

Did its newest year beat what its own record pointed to?

top 40% of 23 in its family for expectations against reality.

weight 22% of this tense · 60th percentile among 23 sector filers · read for its shareholders

From the record

Mine Safety Incorporated's newest year against its own record: revenue of $1.9 billion in fiscal 2025 came in 4.7% below the $2.0 billion its prior three years' pace pointed to (bottom 35% of its family); net income of $279 million against a prior three-year average of $174 million (top 20%); a net margin of 14.9% against 10.3% before (top 37%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-4.7%bottom 35% of its family
  • net income against the prior three years' average+60%top 20% of its family
  • net margin against its prior average+4.6 pointstop 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MSA · research, not advice