vs

Side-by-side financial comparison of Dynatrace, Inc. (DT) and MSA Safety Inc (MSA). Click either name above to swap in a different company.

Dynatrace, Inc. is the larger business by last-quarter revenue ($515.5M vs $510.9M, roughly 1.0× MSA Safety Inc). MSA Safety Inc runs the higher net margin — 17.0% vs 7.8%, a 9.2% gap on every dollar of revenue. On growth, Dynatrace, Inc. posted the faster year-over-year revenue change (18.2% vs 2.2%). MSA Safety Inc produced more free cash flow last quarter ($106.0M vs $27.2M). Over the past eight quarters, Dynatrace, Inc.'s revenue compounded faster (16.3% CAGR vs 11.2%).

Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.

Mine Safety Appliances, or MSA Safety Incorporated, is an American manufacturer and supplier of safety equipment designed for use in a variety of hazardous conditions in industries such as construction, the military, fire service, and chemical, oil, and gas production. MSA is based in the Pittsburgh suburb of Cranberry.

DT vs MSA — Head-to-Head

Bigger by revenue
DT
DT
1.0× larger
DT
$515.5M
$510.9M
MSA
Growing faster (revenue YoY)
DT
DT
+15.9% gap
DT
18.2%
2.2%
MSA
Higher net margin
MSA
MSA
9.2% more per $
MSA
17.0%
7.8%
DT
More free cash flow
MSA
MSA
$78.8M more FCF
MSA
$106.0M
$27.2M
DT
Faster 2-yr revenue CAGR
DT
DT
Annualised
DT
16.3%
11.2%
MSA

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DT
DT
MSA
MSA
Revenue
$515.5M
$510.9M
Net Profit
$40.1M
$86.9M
Gross Margin
81.4%
46.9%
Operating Margin
14.1%
22.3%
Net Margin
7.8%
17.0%
Revenue YoY
18.2%
2.2%
Net Profit YoY
-88.9%
-1.2%
EPS (diluted)
$0.13
$2.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DT
DT
MSA
MSA
Q4 25
$515.5M
$510.9M
Q3 25
$493.8M
$468.4M
Q2 25
$477.3M
$474.1M
Q1 25
$445.2M
$421.3M
Q4 24
$436.2M
$499.7M
Q3 24
$418.1M
$432.7M
Q2 24
$399.2M
$462.5M
Q1 24
$380.8M
$413.3M
Net Profit
DT
DT
MSA
MSA
Q4 25
$40.1M
$86.9M
Q3 25
$57.2M
$69.6M
Q2 25
$48.0M
$62.8M
Q1 25
$39.3M
$59.6M
Q4 24
$361.8M
$87.9M
Q3 24
$44.0M
$66.6M
Q2 24
$38.6M
$72.2M
Q1 24
$37.9M
$58.1M
Gross Margin
DT
DT
MSA
MSA
Q4 25
81.4%
46.9%
Q3 25
81.8%
46.5%
Q2 25
82.1%
46.6%
Q1 25
80.9%
45.9%
Q4 24
81.1%
46.9%
Q3 24
81.4%
47.9%
Q2 24
81.3%
48.2%
Q1 24
81.1%
47.3%
Operating Margin
DT
DT
MSA
MSA
Q4 25
14.1%
22.3%
Q3 25
14.8%
20.1%
Q2 25
13.1%
18.1%
Q1 25
9.6%
18.5%
Q4 24
10.9%
23.5%
Q3 24
11.2%
21.1%
Q2 24
10.5%
21.6%
Q1 24
6.1%
19.4%
Net Margin
DT
DT
MSA
MSA
Q4 25
7.8%
17.0%
Q3 25
11.6%
14.9%
Q2 25
10.0%
13.2%
Q1 25
8.8%
14.1%
Q4 24
82.9%
17.6%
Q3 24
10.5%
15.4%
Q2 24
9.7%
15.6%
Q1 24
10.0%
14.1%
EPS (diluted)
DT
DT
MSA
MSA
Q4 25
$0.13
$2.22
Q3 25
$0.19
$1.77
Q2 25
$0.16
$1.59
Q1 25
$0.12
$1.51
Q4 24
$1.19
$2.22
Q3 24
$0.15
$1.69
Q2 24
$0.13
$1.83
Q1 24
$0.13
$1.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DT
DT
MSA
MSA
Cash + ST InvestmentsLiquidity on hand
$1.2B
$165.1M
Total DebtLower is stronger
$580.9M
Stockholders' EquityBook value
$2.7B
$1.4B
Total Assets
$4.1B
$2.6B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DT
DT
MSA
MSA
Q4 25
$1.2B
$165.1M
Q3 25
$1.3B
$170.0M
Q2 25
$1.3B
$147.0M
Q1 25
$1.1B
$170.6M
Q4 24
$1.0B
$164.6M
Q3 24
$1.0B
$154.4M
Q2 24
$1.0B
$146.8M
Q1 24
$836.9M
$148.3M
Total Debt
DT
DT
MSA
MSA
Q4 25
$580.9M
Q3 25
$628.6M
Q2 25
$679.3M
Q1 25
$502.1M
Q4 24
$508.0M
Q3 24
$554.7M
Q2 24
$588.2M
Q1 24
$596.2M
Stockholders' Equity
DT
DT
MSA
MSA
Q4 25
$2.7B
$1.4B
Q3 25
$2.8B
$1.3B
Q2 25
$2.7B
$1.3B
Q1 25
$2.6B
$1.2B
Q4 24
$2.6B
$1.1B
Q3 24
$2.1B
$1.1B
Q2 24
$2.1B
$1.0B
Q1 24
$2.0B
$994.8M
Total Assets
DT
DT
MSA
MSA
Q4 25
$4.1B
$2.6B
Q3 25
$4.1B
$2.6B
Q2 25
$4.1B
$2.6B
Q1 25
$4.1B
$2.2B
Q4 24
$3.7B
$2.2B
Q3 24
$3.3B
$2.2B
Q2 24
$3.3B
$2.2B
Q1 24
$3.4B
$2.2B
Debt / Equity
DT
DT
MSA
MSA
Q4 25
0.42×
Q3 25
0.48×
Q2 25
0.54×
Q1 25
0.42×
Q4 24
0.44×
Q3 24
0.51×
Q2 24
0.57×
Q1 24
0.60×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DT
DT
MSA
MSA
Operating Cash FlowLast quarter
$33.8M
$122.4M
Free Cash FlowOCF − Capex
$27.2M
$106.0M
FCF MarginFCF / Revenue
5.3%
20.8%
Capex IntensityCapex / Revenue
1.3%
3.2%
Cash ConversionOCF / Net Profit
0.84×
1.41×
TTM Free Cash FlowTrailing 4 quarters
$465.5M
$295.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DT
DT
MSA
MSA
Q4 25
$33.8M
$122.4M
Q3 25
$32.0M
$112.5M
Q2 25
$269.7M
$67.2M
Q1 25
$162.8M
$61.8M
Q4 24
$42.2M
$107.9M
Q3 24
$23.6M
$84.3M
Q2 24
$230.7M
$53.3M
Q1 24
$131.7M
$50.9M
Free Cash Flow
DT
DT
MSA
MSA
Q4 25
$27.2M
$106.0M
Q3 25
$27.8M
$100.5M
Q2 25
$262.2M
$37.9M
Q1 25
$148.2M
$51.0M
Q4 24
$37.6M
$93.5M
Q3 24
$20.1M
$70.1M
Q2 24
$227.4M
$39.0M
Q1 24
$121.9M
$39.7M
FCF Margin
DT
DT
MSA
MSA
Q4 25
5.3%
20.8%
Q3 25
5.6%
21.4%
Q2 25
54.9%
8.0%
Q1 25
33.3%
12.1%
Q4 24
8.6%
18.7%
Q3 24
4.8%
16.2%
Q2 24
57.0%
8.4%
Q1 24
32.0%
9.6%
Capex Intensity
DT
DT
MSA
MSA
Q4 25
1.3%
3.2%
Q3 25
0.8%
2.6%
Q2 25
1.6%
6.2%
Q1 25
3.3%
2.6%
Q4 24
1.1%
2.9%
Q3 24
0.8%
3.3%
Q2 24
0.8%
3.1%
Q1 24
2.6%
2.7%
Cash Conversion
DT
DT
MSA
MSA
Q4 25
0.84×
1.41×
Q3 25
0.56×
1.62×
Q2 25
5.62×
1.07×
Q1 25
4.14×
1.04×
Q4 24
0.12×
1.23×
Q3 24
0.54×
1.27×
Q2 24
5.97×
0.74×
Q1 24
3.47×
0.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DT
DT

Subscription And Circulation$493.4M96%
Services$22.1M4%

MSA
MSA

Americas Segment$335.2M66%
International Segment$175.7M34%

Related Comparisons