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Side-by-side financial comparison of MSA Safety Inc (MSA) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
MSA Safety Inc is the larger business by last-quarter revenue ($510.9M vs $334.0M, roughly 1.5× WYNDHAM HOTELS & RESORTS, INC.). MSA Safety Inc runs the higher net margin — 17.0% vs -18.0%, a 35.0% gap on every dollar of revenue. On growth, MSA Safety Inc posted the faster year-over-year revenue change (2.2% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $106.0M). Over the past eight quarters, MSA Safety Inc's revenue compounded faster (11.2% CAGR vs -4.6%).
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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
MSA vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $510.9M | $334.0M |
| Net Profit | $86.9M | $-60.0M |
| Gross Margin | 46.9% | — |
| Operating Margin | 22.3% | — |
| Net Margin | 17.0% | -18.0% |
| Revenue YoY | 2.2% | -76.3% |
| Net Profit YoY | -1.2% | -170.6% |
| EPS (diluted) | $2.22 | $-0.80 |
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.
| Q1 26 | — | $334.0M | ||
| Q4 25 | $510.9M | $334.0M | ||
| Q3 25 | $468.4M | $382.0M | ||
| Q2 25 | $474.1M | $397.0M | ||
| Q1 25 | $421.3M | $316.0M | ||
| Q4 24 | $499.7M | $336.0M | ||
| Q3 24 | $432.7M | $396.0M | ||
| Q2 24 | $462.5M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $86.9M | $-60.0M | ||
| Q3 25 | $69.6M | $105.0M | ||
| Q2 25 | $62.8M | $87.0M | ||
| Q1 25 | $59.6M | $61.0M | ||
| Q4 24 | $87.9M | $85.0M | ||
| Q3 24 | $66.6M | $102.0M | ||
| Q2 24 | $72.2M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | 46.9% | — | ||
| Q3 25 | 46.5% | — | ||
| Q2 25 | 46.6% | — | ||
| Q1 25 | 45.9% | — | ||
| Q4 24 | 46.9% | — | ||
| Q3 24 | 47.9% | — | ||
| Q2 24 | 48.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 22.3% | -11.4% | ||
| Q3 25 | 20.1% | 46.6% | ||
| Q2 25 | 18.1% | 37.8% | ||
| Q1 25 | 18.5% | 35.4% | ||
| Q4 24 | 23.5% | 38.4% | ||
| Q3 24 | 21.1% | 43.2% | ||
| Q2 24 | 21.6% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 17.0% | -18.0% | ||
| Q3 25 | 14.9% | 27.5% | ||
| Q2 25 | 13.2% | 21.9% | ||
| Q1 25 | 14.1% | 19.3% | ||
| Q4 24 | 17.6% | 25.3% | ||
| Q3 24 | 15.4% | 25.8% | ||
| Q2 24 | 15.6% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $2.22 | $-0.77 | ||
| Q3 25 | $1.77 | $1.36 | ||
| Q2 25 | $1.59 | $1.13 | ||
| Q1 25 | $1.51 | $0.78 | ||
| Q4 24 | $2.22 | $1.06 | ||
| Q3 24 | $1.69 | $1.29 | ||
| Q2 24 | $1.83 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $165.1M | $64.0M |
| Total DebtLower is stronger | $580.9M | — |
| Stockholders' EquityBook value | $1.4B | $468.0M |
| Total Assets | $2.6B | $4.2B |
| Debt / EquityLower = less leverage | 0.42× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $165.1M | $64.0M | ||
| Q3 25 | $170.0M | $70.0M | ||
| Q2 25 | $147.0M | $50.0M | ||
| Q1 25 | $170.6M | $48.0M | ||
| Q4 24 | $164.6M | $103.0M | ||
| Q3 24 | $154.4M | $72.0M | ||
| Q2 24 | $146.8M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $580.9M | $2.5B | ||
| Q3 25 | $628.6M | $2.6B | ||
| Q2 25 | $679.3M | $2.5B | ||
| Q1 25 | $502.1M | $2.5B | ||
| Q4 24 | $508.0M | $2.4B | ||
| Q3 24 | $554.7M | $2.4B | ||
| Q2 24 | $588.2M | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $1.4B | $468.0M | ||
| Q3 25 | $1.3B | $583.0M | ||
| Q2 25 | $1.3B | $570.0M | ||
| Q1 25 | $1.2B | $579.0M | ||
| Q4 24 | $1.1B | $650.0M | ||
| Q3 24 | $1.1B | $583.0M | ||
| Q2 24 | $1.0B | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $2.6B | $4.2B | ||
| Q3 25 | $2.6B | $4.3B | ||
| Q2 25 | $2.6B | $4.3B | ||
| Q1 25 | $2.2B | $4.2B | ||
| Q4 24 | $2.2B | $4.2B | ||
| Q3 24 | $2.2B | $4.2B | ||
| Q2 24 | $2.2B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.42× | 5.37× | ||
| Q3 25 | 0.48× | 4.43× | ||
| Q2 25 | 0.54× | 4.44× | ||
| Q1 25 | 0.42× | 4.29× | ||
| Q4 24 | 0.44× | 3.72× | ||
| Q3 24 | 0.51× | 4.19× | ||
| Q2 24 | 0.57× | 3.83× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $122.4M | $367.0M |
| Free Cash FlowOCF − Capex | $106.0M | $168.0M |
| FCF MarginFCF / Revenue | 20.8% | 50.3% |
| Capex IntensityCapex / Revenue | 3.2% | — |
| Cash ConversionOCF / Net Profit | 1.41× | — |
| TTM Free Cash FlowTrailing 4 quarters | $295.4M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $122.4M | $152.0M | ||
| Q3 25 | $112.5M | $86.0M | ||
| Q2 25 | $67.2M | $70.0M | ||
| Q1 25 | $61.8M | $59.0M | ||
| Q4 24 | $107.9M | $134.0M | ||
| Q3 24 | $84.3M | $79.0M | ||
| Q2 24 | $53.3M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $106.0M | $136.0M | ||
| Q3 25 | $100.5M | $75.0M | ||
| Q2 25 | $37.9M | $58.0M | ||
| Q1 25 | $51.0M | $52.0M | ||
| Q4 24 | $93.5M | $109.0M | ||
| Q3 24 | $70.1M | $71.0M | ||
| Q2 24 | $39.0M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 20.8% | 40.7% | ||
| Q3 25 | 21.4% | 19.6% | ||
| Q2 25 | 8.0% | 14.6% | ||
| Q1 25 | 12.1% | 16.5% | ||
| Q4 24 | 18.7% | 32.4% | ||
| Q3 24 | 16.2% | 17.9% | ||
| Q2 24 | 8.4% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | 4.8% | ||
| Q3 25 | 2.6% | 2.9% | ||
| Q2 25 | 6.2% | 3.0% | ||
| Q1 25 | 2.6% | 2.2% | ||
| Q4 24 | 2.9% | 7.4% | ||
| Q3 24 | 3.3% | 2.0% | ||
| Q2 24 | 3.1% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.41× | — | ||
| Q3 25 | 1.62× | 0.82× | ||
| Q2 25 | 1.07× | 0.80× | ||
| Q1 25 | 1.04× | 0.97× | ||
| Q4 24 | 1.23× | 1.58× | ||
| Q3 24 | 1.27× | 0.77× | ||
| Q2 24 | 0.74× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MSA
| Americas Segment | $335.2M | 66% |
| International Segment | $175.7M | 34% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
