BRCNYSEMiscellaneous Manufacturing IndustriesFiscal year ends July 31
BRADY CORP
Financials through Q4 FY2026, quarter ended Jul 31, 2026Last filing: 10-K on Sep 3, 2026
$81.82−0.11 (-0.13%)
Close on Oct 19, 2026
- Market cap
- $3.90B
- P/E (TTM)
- 19.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
51.7%+2.7 pts over 5 years
Operating margin
15.9%+1.3 pts over 5 years
Net margin
12.4%+1.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.8% | +7.7% | +7.7% | +4.0% | |
| Gross profit | +13.0% | +9.4% | +8.9% | +4.4% | |
| Operating income | +11.3% | +5.4% | +9.5% | +8.4% | |
| Net income | +8.5% | +5.5% | +9.6% | +9.9% | |
| Free cash flow | +25.4% | +0.5% | +1.5% | +4.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 14.7% | 15.1% | 16.1% | |
| Return on assets | 9.1% | 10.3% | 11.5% | |
| Current ratio | 2.18 | 1.81 | 1.94 | |
| Debt to equity | 0.15 | – | – | |
| Net debt to EBITDA | -0.19× | – | – | |
| Interest coverage | 23.8× | 382.4× | 27.2× | |
| Inventory turnover | 5.4× | 4.3× | 3.8× | |
| Capex to revenue | 1.4% | 2.4% | 3.1% | |
| Diluted shares | 52M | 52M | 48M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Brady generated $1.01B from operations and spent $798.87M on capital expenditure, dividends and share buybacks. 28% of that went back into the business.
Generated
$1.01B
Used
$798.87M
Capital expenditure$221.31M28%Dividends$228.08M29%Share buybacks$349.49M44%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin12.4%
×Asset turnover0.93×
×Equity multiplier1.41×
=Return on equity, FY202616.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 12.4% | 0.93× | 1.41× | 16.1% |
| FY2025 | 12.5% | 0.93× | 1.44× | 16.8% |
| FY2024 | 14.7% | 0.92× | 1.41× | 19.2% |
| FY2023 | 13.1% | 0.97× | 1.45× | 18.4% |
| FY2022 | 11.5% | 0.95× | 1.46× | 16.0% |
| FY2021 | 11.3% | 0.91× | 1.47× | 15.1% |
| FY2020 | 10.4% | 0.94× | 1.58× | 15.5% |
| FY2019 | 11.3% | 1.05× | 1.58× | 18.7% |
| FY2018 | 7.8% | 1.11× | 1.50× | 13.0% |
| FY2017 | 8.6% | 1.06× | 1.61× | 14.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
6of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$205.38M
- Cash generatingOperating cash flow above zero$244.13M
- Return on assets improvedROA up on the prior year12.5% → 11.8%
- Earnings backed by cashOperating cash flow above net income$244.13M vs $205.38M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.88 → 1.94
- No dilutionShare count did not rise48M → 48M
- Gross margin improvedGross margin up on the prior year50.27% → 51.75%
- More efficientAsset turnover rose1.00 → 0.96