#balance-sheet

#balance-sheet

MSA's dividend coverage is excellent. The company earned $7.09 per share over the trailing twelve months and paid out $2.08, producing an earnings payout ratio of 29.3%. That leaves roughly 71% of profits retained for reinvestment, debt reduction, or further dividend growth. The free cash flow picture requires closer examination. In 2024, MSA generated $296.4 million in operating cash flow, spent $54.2 million on capital expenditures, and delivered $242.2 million in free cash flow.

The actions we took to strengthen the balance sheet give us greater operational flexibility and position us well to continue to execute our strategy with confidence. In particular, I'm honored by the trust and confidence President Trump and Secretary [Howard] Lutnick have placed in me. Their support highlights Intel's strategic role as the only U.S.-based semiconductor company with leading edge logic, [research and development] and manufacturing.