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

MSA Safety Inc is the larger business by last-quarter revenue ($510.9M vs $302.5M, roughly 1.7× SYNAPTICS Inc). MSA Safety Inc runs the higher net margin — 17.0% vs -4.9%, a 21.9% gap on every dollar of revenue. On growth, SYNAPTICS Inc posted the faster year-over-year revenue change (13.2% vs 2.2%). MSA Safety Inc produced more free cash flow last quarter ($106.0M vs $18.2M). Over the past eight quarters, SYNAPTICS Inc's revenue compounded faster (12.9% CAGR vs 11.2%).

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.

Synaptics, Inc. is an American neural network technologies and computer-to-human interface devices development company based in San Jose, California. It develops touchpads and fingerprint biometrics technology for computer laptops; touch, display driver, and fingerprint biometrics technology for smartphones; and touch, video and far-field voice, low-power AI processors, and wireless technology for smart home devices, wearables, and automobiles. Synaptics sells its products to original equipme...

MSA vs SYNA — Head-to-Head

Bigger by revenue
MSA
MSA
1.7× larger
MSA
$510.9M
$302.5M
SYNA
Growing faster (revenue YoY)
SYNA
SYNA
+11.0% gap
SYNA
13.2%
2.2%
MSA
Higher net margin
MSA
MSA
21.9% more per $
MSA
17.0%
-4.9%
SYNA
More free cash flow
MSA
MSA
$87.8M more FCF
MSA
$106.0M
$18.2M
SYNA
Faster 2-yr revenue CAGR
SYNA
SYNA
Annualised
SYNA
12.9%
11.2%
MSA

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MSA
MSA
SYNA
SYNA
Revenue
$510.9M
$302.5M
Net Profit
$86.9M
$-14.8M
Gross Margin
46.9%
43.5%
Operating Margin
22.3%
-5.0%
Net Margin
17.0%
-4.9%
Revenue YoY
2.2%
13.2%
Net Profit YoY
-1.2%
-922.2%
EPS (diluted)
$2.22
$-0.38

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
MSA
MSA
SYNA
SYNA
Q4 25
$510.9M
$302.5M
Q3 25
$468.4M
$292.5M
Q2 25
$474.1M
$282.8M
Q1 25
$421.3M
$266.6M
Q4 24
$499.7M
$267.2M
Q3 24
$432.7M
$257.7M
Q2 24
$462.5M
$247.4M
Q1 24
$413.3M
$237.3M
Net Profit
MSA
MSA
SYNA
SYNA
Q4 25
$86.9M
$-14.8M
Q3 25
$69.6M
$-20.6M
Q2 25
$62.8M
$-4.7M
Q1 25
$59.6M
$-21.8M
Q4 24
$87.9M
$1.8M
Q3 24
$66.6M
$-23.1M
Q2 24
$72.2M
$208.3M
Q1 24
$58.1M
$-18.1M
Gross Margin
MSA
MSA
SYNA
SYNA
Q4 25
46.9%
43.5%
Q3 25
46.5%
42.6%
Q2 25
46.6%
43.0%
Q1 25
45.9%
43.4%
Q4 24
46.9%
45.7%
Q3 24
47.9%
46.9%
Q2 24
48.2%
45.8%
Q1 24
47.3%
46.5%
Operating Margin
MSA
MSA
SYNA
SYNA
Q4 25
22.3%
-5.0%
Q3 25
20.1%
-7.9%
Q2 25
18.1%
-8.6%
Q1 25
18.5%
-9.9%
Q4 24
23.5%
-5.7%
Q3 24
21.1%
-11.0%
Q2 24
21.6%
-12.6%
Q1 24
19.4%
-7.3%
Net Margin
MSA
MSA
SYNA
SYNA
Q4 25
17.0%
-4.9%
Q3 25
14.9%
-7.0%
Q2 25
13.2%
-1.7%
Q1 25
14.1%
-8.2%
Q4 24
17.6%
0.7%
Q3 24
15.4%
-9.0%
Q2 24
15.6%
84.2%
Q1 24
14.1%
-7.6%
EPS (diluted)
MSA
MSA
SYNA
SYNA
Q4 25
$2.22
$-0.38
Q3 25
$1.77
$-0.53
Q2 25
$1.59
$-0.13
Q1 25
$1.51
$-0.56
Q4 24
$2.22
$0.05
Q3 24
$1.69
$-0.58
Q2 24
$1.83
$5.28
Q1 24
$1.47
$-0.46

Balance Sheet & Financial Strength

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

Metric
MSA
MSA
SYNA
SYNA
Cash + ST InvestmentsLiquidity on hand
$165.1M
$437.4M
Total DebtLower is stronger
$580.9M
$836.0M
Stockholders' EquityBook value
$1.4B
$1.4B
Total Assets
$2.6B
$2.6B
Debt / EquityLower = less leverage
0.42×
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSA
MSA
SYNA
SYNA
Q4 25
$165.1M
$437.4M
Q3 25
$170.0M
$459.9M
Q2 25
$147.0M
$452.5M
Q1 25
$170.6M
$421.4M
Q4 24
$164.6M
$596.1M
Q3 24
$154.4M
$853.6M
Q2 24
$146.8M
$876.9M
Q1 24
$148.3M
$828.6M
Total Debt
MSA
MSA
SYNA
SYNA
Q4 25
$580.9M
$836.0M
Q3 25
$628.6M
$835.4M
Q2 25
$679.3M
$834.8M
Q1 25
$502.1M
$834.2M
Q4 24
$508.0M
$832.5M
Q3 24
$554.7M
Q2 24
$588.2M
$983.5M
Q1 24
$596.2M
Stockholders' Equity
MSA
MSA
SYNA
SYNA
Q4 25
$1.4B
$1.4B
Q3 25
$1.3B
$1.4B
Q2 25
$1.3B
$1.4B
Q1 25
$1.2B
$1.4B
Q4 24
$1.1B
$1.4B
Q3 24
$1.1B
$1.5B
Q2 24
$1.0B
$1.5B
Q1 24
$994.8M
$1.2B
Total Assets
MSA
MSA
SYNA
SYNA
Q4 25
$2.6B
$2.6B
Q3 25
$2.6B
$2.6B
Q2 25
$2.6B
$2.6B
Q1 25
$2.2B
$2.6B
Q4 24
$2.2B
$2.5B
Q3 24
$2.2B
$2.8B
Q2 24
$2.2B
$2.8B
Q1 24
$2.2B
$2.5B
Debt / Equity
MSA
MSA
SYNA
SYNA
Q4 25
0.42×
0.60×
Q3 25
0.48×
0.60×
Q2 25
0.54×
0.60×
Q1 25
0.42×
0.60×
Q4 24
0.44×
0.60×
Q3 24
0.51×
Q2 24
0.57×
0.67×
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
MSA
MSA
SYNA
SYNA
Operating Cash FlowLast quarter
$122.4M
$29.8M
Free Cash FlowOCF − Capex
$106.0M
$18.2M
FCF MarginFCF / Revenue
20.8%
6.0%
Capex IntensityCapex / Revenue
3.2%
3.8%
Cash ConversionOCF / Net Profit
1.41×
TTM Free Cash FlowTrailing 4 quarters
$295.4M
$154.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSA
MSA
SYNA
SYNA
Q4 25
$122.4M
$29.8M
Q3 25
$112.5M
$30.2M
Q2 25
$67.2M
$57.2M
Q1 25
$61.8M
$73.4M
Q4 24
$107.9M
$22.8M
Q3 24
$84.3M
$-11.4M
Q2 24
$53.3M
$65.0M
Q1 24
$50.9M
$-13.7M
Free Cash Flow
MSA
MSA
SYNA
SYNA
Q4 25
$106.0M
$18.2M
Q3 25
$100.5M
$18.0M
Q2 25
$37.9M
$50.6M
Q1 25
$51.0M
$68.0M
Q4 24
$93.5M
$18.1M
Q3 24
$70.1M
$-20.5M
Q2 24
$39.0M
$57.3M
Q1 24
$39.7M
$-22.7M
FCF Margin
MSA
MSA
SYNA
SYNA
Q4 25
20.8%
6.0%
Q3 25
21.4%
6.2%
Q2 25
8.0%
17.9%
Q1 25
12.1%
25.5%
Q4 24
18.7%
6.8%
Q3 24
16.2%
-8.0%
Q2 24
8.4%
23.2%
Q1 24
9.6%
-9.6%
Capex Intensity
MSA
MSA
SYNA
SYNA
Q4 25
3.2%
3.8%
Q3 25
2.6%
4.2%
Q2 25
6.2%
2.3%
Q1 25
2.6%
2.0%
Q4 24
2.9%
1.8%
Q3 24
3.3%
3.5%
Q2 24
3.1%
3.1%
Q1 24
2.7%
3.8%
Cash Conversion
MSA
MSA
SYNA
SYNA
Q4 25
1.41×
Q3 25
1.62×
Q2 25
1.07×
Q1 25
1.04×
Q4 24
1.23×
12.67×
Q3 24
1.27×
Q2 24
0.74×
0.31×
Q1 24
0.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSA
MSA

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

SYNA
SYNA

Enterprise And Automotive Product Applications$161.1M53%
Internet Of Things Product Applications$93.2M31%
Mobile Product Applications$48.2M16%

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