MSA (MSAfety) Gross Margin %: 47.36% (As of Mar. 2026) — Near Median


MSA MSA Safety Inc MSA
89 GF Score
Price $165.29
GF Value $186.84
Valuation Modestly Undervalued
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What is MSAfety Gross Margin %?

MSAfety MSA 89 Gross Margin % is 47.36% as of Mar. 2026, which is 5% above its 10-year median of 45.24. GuruFocus rates MSA with a GF Score™ of 89/100 and a GF Value™ of $186.84 (Modestly Undervalued). Among 1,007 Business Services companies, MSAfety ranks better than 66.53% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. MSAfety's Gross Profit for the three months ended in Mar. 2026 was $220 Mil. MSAfety's Revenue for the three months ended in Mar. 2026 was $464 Mil. Therefore, MSAfety's Gross Margin % for the quarter that ended in Mar. 2026 was 47.36%.


The historical rank and industry rank for MSAfety's Gross Margin % or its related term are showing as below:

MSA' s Gross Margin % Range Over the Past 10 Years
Min: 43.95   Med: 45.24   Max: 47.67
Current: 46.81


During the past 13 years, the highest Gross Margin % of MSAfety was 47.67%. The lowest was 43.95%. And the median was 45.24%.

MSA's Gross Margin % is ranked better than
66.53% of 1007 companies
in the Business Services industry
Industry Median: 34.46 vs MSA: 46.81

MSAfety had a gross margin of 47.36% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MSAfety was 1.60% per year.


MSAfety  (NYSE:MSA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

MSAfety had a gross margin of 47.36% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


MSAfety Gross Margin % Related Terms


MSAfety Gross Margin % Historical Data

* Premium members only.

The historical data trend for MSAfety's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MSAfety Gross Margin % Chart

MSAfety Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.95 44.10 47.67 47.59 46.46

MSAfety Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.90 46.55 46.45 46.86 47.36

MSA vs ADT, BCO, BRC: Gross Margin % Comparison

For the Security & Protection Services subindustry, MSAfety's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MSAfety Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, MSAfety's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MSAfety's Gross Margin % falls into.


MSA
89GF Score
MSA Safety Inc MSA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MSAfety Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

MSAfety's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=871.1 / 1874.814
=(Revenue - Cost of Goods Sold) / Revenue
=(1874.814 - 1003.701) / 1874.814
=46.46 %

MSAfety's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=219.6 / 463.632
=(Revenue - Cost of Goods Sold) / Revenue
=(463.632 - 244.051) / 463.632
=47.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 47.36% mean?
MSAfety (MSA) has a Gross Margin % of 47.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MSAfety and its competitors. This is near median its historical median of 45.24. Over the past decade, MSAfety's Gross Margin % has ranged from 43.95 to 47.67. According to the industry distribution chart, MSAfety ranks #337 out of 1007 companies in the Business Services industry, placing it in the top 33.5%.
Is MSAfety's Gross Margin % too high?
MSAfety's current Gross Margin % of 47.36% is near median its 10-year median of 45.24. Over the past 10 years, this metric has ranged from a low of 43.95 to a high of 47.67. The Business Services industry median Gross Margin % is 34.46. MSAfety's value of 47.36% is 37.4% above this industry median. Based on the distribution chart, MSAfety ranks #337 out of 1007 companies in the Business Services industry, which is above the industry midpoint. Overall, MSAfety has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MSAfety's Gross Margin % compare to ADT and BCO?
According to the Business Services industry distribution chart, MSAfety ranks #337 out of 1007 companies for Gross Margin %. This puts MSAfety in the upper half of its industry. The industry median Gross Margin % is 34.46. MSAfety's value of 47.36% is 37.4% above this benchmark. Historically, MSAfety's own Gross Margin % has ranged from 43.95 to 47.67 over the past decade. While the company's 10-year median is 45.24 vs. the industry median of 34.46, MSAfety has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MSAfety's current Gross Margin % of 47.36% is 37.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on MSAfety and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSAfety's current Gross Margin % is 47.36%, which is near median its own 10-year median of 45.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSAfety stock overvalued right now?
Based on GuruFocus' analysis, MSAfety (MSA) is currently considered Modestly Undervalued. The stock's GF Value™ is $186.84, compared to a current price of $165.29 — trading 11.5% below its estimated fair value. The current Gross Margin % is 47.36%, which is near median its 10-year median of 45.24 and 37.4% above the Business Services industry median of 34.46. MSAfety's overall GF Score™ is 89/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For MSAfety (MSA), the current Gross Margin % is 47.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MSAfety (MSA) Overvalued in 2026?

Based on GuruFocus' analysis, MSAfety stock appears to be undervalued. The current stock price of $165.29 is trading 11.5% below its estimated GF Value™ of $186.84. GuruFocus considers MSAfety to be Modestly Undervalued.

Key valuation signals for MSA:

  • Gross Margin %: 47.36% (near median its 10-year median of 45.24)
  • GF Value™: $186.84 vs. price of $165.29 (11.5% below fair value)
  • GF Score™: 89/100
  • Industry Position: 37.4% above the Business Services median (#337 of 1007)

No single metric tells the full story. See the MSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MSAfety Business Description

Other Exchanges M07:Germany
Address 1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207
MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The company's product offerings include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems, among others. The end markets for its products include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. The company has organized its business into four geographical operating segments that are aggregated into two reportable segments: Americas and International. The majority of its revenue is generated from the Americas segment, which is comprised of the company's operations in Northern North America and Latin America geographies.
89GF Score

Get the complete analysis for MSA

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$165.29
Price
$186.84
GF Value