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BRADY CORP

BRC Clue Score77
United States Fiscal year ends July CIK 0000746598
$85.35 +1.11% Close, 9 Oct 2026
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Price $85.35 +68.71% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue1,113.3Operating income131.0Net income95.6Fiscal year 2018Revenue1,173.9 +5.4%Operating income152.7Net income91.1 −4.8%Fiscal year 2019Revenue1,160.6 −1.1%Operating income162.4Net income131.3 +44.1%Fiscal year 2020Revenue1,081.3 −6.8%Operating income138.0Net income112.4 −14.4%Fiscal year 2021Revenue1,144.7 +5.9%Operating income167.1Net income129.7 +15.4%Fiscal year 2022Revenue1,302.1 +13.7%Operating income193.0Net income150.0 +15.7%Fiscal year 2023Revenue1,331.9 +2.3%Operating income225.2Net income174.9 +16.6%Fiscal year 2024Revenue1,341.4 +0.7%Operating income243.4Net income197.2 +12.8%Fiscal year 2025Revenue1,513.6 +12.8%Operating income236.6Net income189.3 −4.0%Fiscal year 2026Revenue1,661.6 +9.8%Operating income263.5Net income205.4 +8.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 1,113.3 1,173.9 1,160.6 1,081.3 1,144.7 1,302.1 1,331.9 1,341.4 1,513.6 1,661.6
Growth +5.4% −1.1% −6.8% +5.9% +13.7% +2.3% +0.7% +12.8% +9.8%
Operating income 131.0 152.7 162.4 138.0 167.1 193.0 225.2 243.4 236.6 263.5
Net income 95.6 91.1 131.3 112.4 129.7 150.0 174.9 197.2 189.3 205.4
Growth −4.8% +44.1% −14.4% +15.4% +15.7% +16.6% +12.8% −4.0% +8.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin50.1%Operating margin11.8%Net margin8.6%Free cash flow margin11.6%Fiscal year 2018Gross margin50.1%Operating margin13.0%Net margin7.8%Free cash flow margin10.3%Fiscal year 2019Gross margin49.9%Operating margin14.0%Net margin11.3%Free cash flow margin11.1%Fiscal year 2020Gross margin48.9%Operating margin12.8%Net margin10.4%Free cash flow margin10.5%Fiscal year 2021Gross margin49.0%Operating margin14.6%Net margin11.3%Free cash flow margin15.6%Fiscal year 2022Gross margin48.5%Operating margin14.8%Net margin11.5%Free cash flow margin5.8%Fiscal year 2023Gross margin49.4%Operating margin16.9%Net margin13.1%Free cash flow margin14.3%Fiscal year 2024Gross margin51.3%Operating margin18.1%Net margin14.7%Free cash flow margin13.1%Fiscal year 2025Gross margin50.3%Operating margin15.6%Net margin12.5%Free cash flow margin10.1%Fiscal year 2026Gross margin51.7%Operating margin15.9%Net margin12.4%Free cash flow margin11.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 50.1% 50.1% 49.9% 48.9% 49.0% 48.5% 49.4% 51.3% 50.3% 51.7%
Operating margin 11.8% 13.0% 14.0% 12.8% 14.6% 14.8% 16.9% 18.1% 15.6% 15.9%
Net margin 8.6% 7.8% 11.3% 10.4% 11.3% 11.5% 13.1% 14.7% 12.5% 12.4%
Free cash flow margin 11.6% 10.3% 11.1% 10.5% 15.6% 5.8% 14.3% 13.1% 10.1% 11.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow144.0Capital expenditure−15.2Free cash flow128.9Buybacks0.0Dividends paid−41.9Fiscal year 2018Operating cash flow143.0Capital expenditure−21.8Free cash flow121.3 −5.9%Buybacks−1.5Dividends paid−42.9Fiscal year 2019Operating cash flow162.2Capital expenditure−32.8Free cash flow129.4 +6.7%Buybacks−3.2Dividends paid−44.7Fiscal year 2020Operating cash flow141.0Capital expenditure−27.3Free cash flow113.7 −12.1%Buybacks−64.5Dividends paid−45.8Fiscal year 2021Operating cash flow205.7Capital expenditure−27.2Free cash flow178.5 +57.0%Buybacks−3.6Dividends paid−45.7Fiscal year 2022Operating cash flow118.4Capital expenditure−43.1Free cash flow75.3 −57.8%Buybacks−109.2Dividends paid−45.9Fiscal year 2023Operating cash flow209.1Capital expenditure−19.2Free cash flow189.9 +152.2%Buybacks−75.0Dividends paid−45.4Fiscal year 2024Operating cash flow255.1Capital expenditure−79.9Free cash flow175.2 −7.8%Buybacks−72.2Dividends paid−45.1Fiscal year 2025Operating cash flow181.2Capital expenditure−27.6Free cash flow153.6 −12.3%Buybacks−50.8Dividends paid−45.5Fiscal year 2026Operating cash flow244.1Capital expenditure−51.5Free cash flow192.7 +25.4%Buybacks−42.2Dividends paid−46.1
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 144.0 143.0 162.2 141.0 205.7 118.4 209.1 255.1 181.2 244.1
Capital expenditure −15.2 −21.8 −32.8 −27.3 −27.2 −43.1 −19.2 −79.9 −27.6 −51.5
Free cash flow 128.9 121.3 129.4 113.7 178.5 75.3 189.9 175.2 153.6 192.7
Growth −5.9% +6.7% −12.1% +57.0% −57.8% +152.2% −7.8% −12.3% +25.4%
Buybacks 0.0 −1.5 −3.2 −64.5 −3.6 −109.2 −75.0 −72.2 −50.8 −42.2
Dividends paid −41.9 −42.9 −44.7 −45.8 −45.7 −45.9 −45.4 −45.1 −45.5 −46.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash133.9Total debt104.5Net cash (debt)29.4Shareholders’ equity700.1Debt to equity0.15Fiscal year 2018Cash181.4Total debt52.6Net cash (debt)128.8Shareholders’ equity700.1Debt to equity0.08Fiscal year 2019Cash279.1Total debt50.2Net cash (debt)228.9Shareholders’ equity700.1Debt to equity0.07Fiscal year 2020Cash217.6Total debt0.0Net cash (debt)217.6Shareholders’ equity752.1Debt to equity0.00Fiscal year 2021Cash147.3Shareholders’ equity963.0Fiscal year 2022Cash114.1Shareholders’ equity911.3Fiscal year 2023Cash151.5Shareholders’ equity990.9Fiscal year 2024Cash250.1Total debt90.9Net cash (debt)159.2Shareholders’ equity1,066.7Debt to equity0.09Fiscal year 2025Cash174.3Total debt99.8Net cash (debt)74.6Shareholders’ equity1,192.2Debt to equity0.08Fiscal year 2026Cash187.1Total debt15.0Net cash (debt)172.2Shareholders’ equity1,357.6Debt to equity0.01
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 133.9 181.4 279.1 217.6 147.3 114.1 151.5 250.1 174.3 187.1
Total debt 104.5 52.6 50.2 0.0 n/a n/a n/a 90.9 99.8 15.0
Net cash (debt) 29.4 128.8 228.9 217.6 n/a n/a n/a 159.2 74.6 172.2
Shareholders’ equity 700.1 700.1 700.1 752.1 963.0 911.3 990.9 1,066.7 1,192.2 1,357.6
Debt to equity 0.15 0.08 0.07 0.00 n/a n/a n/a 0.09 0.08 0.01

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending July, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Jul 2017 FY2018 31 Jul 2018 FY2019 31 Jul 2019 FY2020 31 Jul 2020 FY2021 31 Jul 2021 FY2022 31 Jul 2022 FY2023 31 Jul 2023 FY2024 31 Jul 2024 FY2025 31 Jul 2025 FY2026 31 Jul 2026
Revenue and profit
1,113.3 1,173.9 1,160.6 1,081.3 1,144.7 1,302.1 1,331.9 1,341.4 1,513.6 1,661.6
Growth +5.4% −1.1% −6.8% +5.9% +13.7% +2.3% +0.7% +12.8% +9.8%
555.0 585.6 582.0 552.7 583.3 670.5 674.6 653.5 752.8 801.7
558.3 588.3 578.7 528.6 561.4 631.6 657.3 687.9 760.8 859.8
Growth +5.4% −1.6% −8.7% +6.2% +12.5% +4.1% +4.7% +10.6% +13.0%
39.6 45.3 45.2 40.7 44.6 58.5 61.4 67.7 79.9 94.0
387.7 390.3 371.1 336.1 349.8 380.0 370.7 376.7 444.3 502.3
131.0 152.7 162.4 138.0 167.1 193.0 225.2 243.4 236.6 263.5
Growth +16.5% +6.4% −15.0% +21.1% +15.5% +16.7% +8.1% −2.8% +11.3%
126.6 152.0 164.6 140.9 171.0 192.0 225.7 247.8 237.1 259.4
31.0 61.0 33.4 28.3 35.6 42.0 50.8 50.6 47.8 54.0
95.6 91.1 131.3 112.4 129.7 150.0 174.9 197.2 189.3 205.4
Growth −4.8% +44.1% −14.4% +15.4% +15.7% +16.6% +12.8% −4.0% +8.5%
Per share
51.1 51.7 52.6 52.8 52.0 51.3 49.6 48.1 47.6 47.3
52.0 52.5 53.3 53.2 52.4 51.7 49.9 48.5 48.1 47.8
Growth +1.1% +1.5% −0.2% −1.5% −1.4% −3.5% −2.8% −0.8% −0.7%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 7.7% a year over five years.
  • The diluted share count fell 8.9% in five years, so buybacks did some of the work per share.
  • Operating margin is up 1.3 points on five years ago, at 15.9%.
  • Profitable in every one of the 10 years on file.