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

IAMGOLD CORP is the larger business by last-quarter revenue ($724.2M vs $510.9M, roughly 1.4× MSA Safety Inc).

Iamgold Corporation is a Canadian company that owns and operates gold mines in Burkina Faso and Canada. Headquartered in Toronto, the company was incorporated in 1990, and went public on the Toronto Stock Exchange in 1996, with additional shares being listed on the New York Stock Exchange beginning in 2005. The company formerly owned or had stakes in the Sadiola and Yatela gold mines in Mali, the Mupane gold mine in Botswana, the Niobec niobium mine in Quebec, as well as a royalty in the Diav...

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.

IAG vs MSA — Head-to-Head

Bigger by revenue
IAG
IAG
1.4× larger
IAG
$724.2M
$510.9M
MSA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
IAG
IAG
MSA
MSA
Revenue
$724.2M
$510.9M
Net Profit
$86.9M
Gross Margin
35.4%
46.9%
Operating Margin
22.3%
Net Margin
17.0%
Revenue YoY
2.2%
Net Profit YoY
-1.2%
EPS (diluted)
$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
IAG
IAG
MSA
MSA
Q4 25
$510.9M
Q3 25
$468.4M
Q2 25
$724.2M
$474.1M
Q1 25
$338.9M
$421.3M
Q4 24
$499.7M
Q3 24
$432.7M
Q2 24
$465.0M
$462.5M
Q1 24
$226.2M
$413.3M
Net Profit
IAG
IAG
MSA
MSA
Q4 25
$86.9M
Q3 25
$69.6M
Q2 25
$62.8M
Q1 25
$59.6M
Q4 24
$87.9M
Q3 24
$66.6M
Q2 24
$72.2M
Q1 24
$58.1M
Gross Margin
IAG
IAG
MSA
MSA
Q4 25
46.9%
Q3 25
46.5%
Q2 25
35.4%
46.6%
Q1 25
31.2%
45.9%
Q4 24
46.9%
Q3 24
47.9%
Q2 24
15.0%
48.2%
Q1 24
19.1%
47.3%
Operating Margin
IAG
IAG
MSA
MSA
Q4 25
22.3%
Q3 25
20.1%
Q2 25
18.1%
Q1 25
18.5%
Q4 24
23.5%
Q3 24
21.1%
Q2 24
21.6%
Q1 24
19.4%
Net Margin
IAG
IAG
MSA
MSA
Q4 25
17.0%
Q3 25
14.9%
Q2 25
13.2%
Q1 25
14.1%
Q4 24
17.6%
Q3 24
15.4%
Q2 24
15.6%
Q1 24
14.1%
EPS (diluted)
IAG
IAG
MSA
MSA
Q4 25
$2.22
Q3 25
$1.77
Q2 25
$1.59
Q1 25
$1.51
Q4 24
$2.22
Q3 24
$1.69
Q2 24
$1.83
Q1 24
$1.47

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IAG
IAG
MSA
MSA
Q4 25
$165.1M
Q3 25
$170.0M
Q2 25
$147.0M
Q1 25
$170.6M
Q4 24
$164.6M
Q3 24
$154.4M
Q2 24
$146.8M
Q1 24
$148.3M
Total Debt
IAG
IAG
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
IAG
IAG
MSA
MSA
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
Q1 24
$994.8M
Total Assets
IAG
IAG
MSA
MSA
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$2.6B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Q1 24
$2.2B
Debt / Equity
IAG
IAG
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
IAG
IAG
MSA
MSA
Operating Cash FlowLast quarter
$122.4M
Free Cash FlowOCF − Capex
$106.0M
FCF MarginFCF / Revenue
20.8%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
1.41×
TTM Free Cash FlowTrailing 4 quarters
$295.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IAG
IAG
MSA
MSA
Q4 25
$122.4M
Q3 25
$112.5M
Q2 25
$67.2M
Q1 25
$61.8M
Q4 24
$107.9M
Q3 24
$84.3M
Q2 24
$53.3M
Q1 24
$50.9M
Free Cash Flow
IAG
IAG
MSA
MSA
Q4 25
$106.0M
Q3 25
$100.5M
Q2 25
$37.9M
Q1 25
$51.0M
Q4 24
$93.5M
Q3 24
$70.1M
Q2 24
$39.0M
Q1 24
$39.7M
FCF Margin
IAG
IAG
MSA
MSA
Q4 25
20.8%
Q3 25
21.4%
Q2 25
8.0%
Q1 25
12.1%
Q4 24
18.7%
Q3 24
16.2%
Q2 24
8.4%
Q1 24
9.6%
Capex Intensity
IAG
IAG
MSA
MSA
Q4 25
3.2%
Q3 25
2.6%
Q2 25
6.2%
Q1 25
2.6%
Q4 24
2.9%
Q3 24
3.3%
Q2 24
3.1%
Q1 24
2.7%
Cash Conversion
IAG
IAG
MSA
MSA
Q4 25
1.41×
Q3 25
1.62×
Q2 25
1.07×
Q1 25
1.04×
Q4 24
1.23×
Q3 24
1.27×
Q2 24
0.74×
Q1 24
0.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IAG
IAG

Segment breakdown not available.

MSA
MSA

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

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