BRADY CORP BRC
Brady was incorporated under the laws of the state of Wisconsin in 1914. Brady is a global manufacturer and supplier of identification solutions and workplace safety products that identify and protect premises, products and people. The ability to provide customers with a broad range of proprietary, customized and diverse products for use in various applications across multiple industries and geographies, along with a commitment to quality and service, have made Brady a leader in many of its markets.
The Company is organized and managed on a geographic basis with two reportable segments: Americas & Asia and Europe & Australia. The Americas & Asia segment is comprised of our operations in North America, South America and Asia, while the Europe & Australia segment is comprised of our operations in Europe, the Middle East, Africa and Australia. This
Valuation FY2026 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Americas - Americas & Asia
- Europe - Europe & Australia
- Asia Pacific - Americas & Asia
- AUSTRALIA - Europe & Australia
| Region | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Americas - Americas & Asia | $955.9M | $862.7M | $784.6M |
| Europe - Europe & Australia | $495.0M | $463.6M | $399.5M |
| Asia Pacific - Americas & Asia | $150.8M | $131.0M | $102.0M |
| AUSTRALIA - Europe & Australia | $60.0M | $56.3M | $55.4M |
As the company reported it, from the “Revenue by Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Americas & Asia
- Europe & Australia
| Segment | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Americas & Asia | $1.11B | $993.7M | $886.5M |
| Europe & Australia | $554.9M | $519.9M | $454.9M |
As the company reported it, from the “Revenue by Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.51B | $1.34B | $1.33B | $1.30B | $1.14B | $1.08B | $1.16B | $1.17B | $1.11B |
| Cost of revenue | $801.7M | $752.8M | $653.5M | $674.6M | $670.5M | $583.3M | $552.7M | $582.0M | $585.6M | $555.0M |
| Gross profit | $859.8M | $760.8M | $687.9M | $657.3M | $631.6M | $561.4M | $528.6M | $578.7M | $588.3M | $558.3M |
| R&D | $94.0M | $79.9M | $67.7M | $61.4M | $58.5M | $44.6M | $40.7M | $45.2M | $45.3M | $39.6M |
| SG&A | $502.3M | $444.3M | $376.7M | $370.7M | $380.0M | $349.8M | $336.1M | $371.1M | $390.3M | $387.7M |
| Total operating expenses | $596.3M | $524.2M | $444.5M | $432.1M | $438.5M | $394.3M | $390.5M | $416.2M | $435.6M | $427.3M |
| Operating income | $263.5M | $236.6M | $243.4M | $225.2M | $193.0M | $167.1M | $138.0M | $162.4M | $152.7M | $131.0M |
| Interest expense | $9.7M | $4.7M | $3.1M | $3.5M | $1.3M | $437.0K | $2.2M | $2.8M | $3.2M | $5.5M |
| Pre-tax income | $259.4M | $237.1M | $247.8M | $225.7M | $192.0M | $171.0M | $140.9M | $164.6M | $152.0M | $126.6M |
| Income tax | $54.0M | $47.8M | $50.6M | $50.8M | $42.0M | $35.6M | $28.3M | $33.4M | $61.0M | $31.0M |
| Net income | $205.4M | $189.3M | $197.2M | $174.9M | $150.0M | $129.7M | $112.4M | $131.3M | $91.1M | $95.6M |
| Shares, diluted (wtd. avg.) | 47.8M | 48.1M | 48.5M | 49.9M | 51.7M | 52.4M | 53.2M | 53.3M | 52.5M | 52.0M |
Balance sheet
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $187.1M | $174.3M | $250.1M | $151.5M | $114.1M | $147.3M | $217.6M | $279.1M | $181.4M | $133.9M |
| Receivables | $260.9M | $231.9M | $185.5M | $184.4M | $183.2M | $170.6M | $146.2M | $158.1M | $161.3M | $149.6M |
| Inventory | $225.2M | $200.9M | $152.7M | $177.1M | $190.0M | $136.1M | $135.7M | $120.0M | $113.1M | $107.0M |
| Total current assets | $688.5M | $621.8M | $599.7M | $524.8M | $498.1M | $465.1M | $509.4M | $573.3M | $471.3M | $407.8M |
| Property, plant and equipment | $254.5M | $225.6M | $195.8M | $142.1M | $139.5M | $121.7M | $115.1M | $110.0M | $97.9M | $98.1M |
| Goodwill | $686.0M | $676.9M | $589.6M | $592.6M | $586.8M | $614.1M | $416.0M | $411.0M | $419.8M | $437.7M |
| Other intangibles | $97.8M | $105.4M | $51.8M | $62.1M | $74.0M | $92.3M | $22.3M | $36.1M | $42.6M | $53.1M |
| Total assets | $1.85B | $1.73B | $1.52B | $1.39B | $1.37B | $1.38B | $1.14B | $1.16B | $1.06B | $1.05B |
| Accounts payable | $108.7M | $105.0M | $84.7M | $79.9M | $81.1M | $82.2M | $62.5M | $64.8M | $66.5M | $66.8M |
| Short-term debt | — | — | — | — | — | — | $0 | $50.2M | $0 | — |
| Total current liabilities | $355.5M | $330.3M | $264.7M | $258.0M | $255.2M | $257.6M | $185.9M | $241.9M | $190.9M | $187.2M |
| Long-term debt | $15.0M | $99.8M | $90.9M | — | — | — | — | $50.2M | $52.6M | $104.5M |
| Total liabilities | $494.4M | $542.0M | $448.9M | $398.3M | $456.0M | $414.7M | $279.4M | $306.5M | $304.8M | $350.1M |
| Retained earnings | $1.48B | $1.32B | $1.17B | $1.02B | $892.4M | $788.4M | $704.5M | $637.8M | $553.5M | $507.1M |
| Total equity | $1.36B | $1.19B | $1.07B | $990.9M | $911.3M | $963.0M | $752.1M | $700.1M | $700.1M | $700.1M |
Cash flow
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $244.1M | $181.2M | $255.1M | $209.1M | $118.4M | $205.7M | $141.0M | $162.2M | $143.0M | $144.0M |
| Depreciation and amortisation | $44.9M | $40.6M | $29.9M | $32.4M | $34.2M | $25.5M | $23.4M | $23.8M | $25.4M | $27.3M |
| Stock-based compensation | $22.9M | $11.9M | $7.4M | $7.5M | $10.5M | $10.1M | $8.8M | $12.1M | $10.0M | $9.5M |
| Capital expenditure | $51.5M | $27.6M | $79.9M | $19.2M | $43.1M | $27.2M | $27.3M | $32.8M | $21.8M | $15.2M |
| Investing cash flow | -$59.0M | -$171.3M | -$81.0M | -$11.2M | -$43.1M | -$268.6M | -$36.1M | -$34.5M | -$2.9M | -$15.3M |
| Financing cash flow | -$177.4M | -$83.9M | -$70.5M | -$163.6M | -$102.1M | -$12.3M | -$163.5M | -$27.6M | -$90.7M | -$136.2M |
| Dividends paid | $46.1M | $45.5M | $45.1M | $45.4M | $45.9M | $45.7M | $45.8M | $44.7M | $42.9M | $41.9M |
| Buybacks | $42.2M | $50.8M | $72.2M | $75.0M | $109.2M | $3.6M | $64.5M | $3.2M | $1.5M | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000746598-26-000044.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.11B | $1.17B | $1.16B | $1.08B | $1.14B | $1.30B | $1.33B | $1.34B | $1.51B | $1.66B |
| Gross profit | $558.3M | $588.3M | $578.7M | $528.6M | $561.4M | $631.6M | $657.3M | $687.9M | $760.8M | $859.8M |
| Net income | $95.6M | $91.1M | $131.3M | $112.4M | $129.7M | $150.0M | $174.9M | $197.2M | $189.3M | $205.4M |
Recent filings and events
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- New debt or obligation Item 2.03
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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