Loading financials from SEC filings…
Diversified industrials · Industrials · Fiscal year ends Jul 31
BRADY reported revenue of $1.7B in the fiscal year ended Jul 2026, up 9.8% from the year before. Operating income was $263M, an operating margin of 15.9%, and net income was $205M. Operating cash flow of $244M less capital expenditure of $51M left free cash flow of $193M. It held more cash than debt (net cash $172M).
Last 5 fiscal years
| Fiscal year | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|
| Revenue | 1,302 | 1,332 | 1,341 | 1,514 | 1,662 |
| Cost of revenue | 671 | 675 | 654 | 753 | 802 |
| Gross profit | 632 | 657 | 688 | 761 | 860 |
| Research & development | 58.5 | 61.4 | 67.7 | 79.9 | 94.0 |
| Selling, general & admin | 380 | 371 | 377 | 444 | 502 |
| Operating income | 193 | 225 | 243 | 237 | 263 |
| Interest expense | 1.3 | 3.5 | 3.1 | 4.7 | 9.7 |
| Pre-tax income | 192 | 226 | 248 | 237 | 259 |
| Income tax | 42.0 | 50.8 | 50.6 | 47.8 | 54.0 |
| Net income | 150 | 175 | 197 | 189 | 205 |
| Diluted shares | 51.7 | 49.9 | 48.5 | 48.1 | 47.8 |
| Fiscal year | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | 114 | 152 | 250 | 174 | 187 |
| Receivables | 183 | 184 | 185 | 232 | 261 |
| Inventory | 190 | 177 | 153 | 201 | 225 |
| Current assets | 498 | 525 | 600 | 622 | 689 |
| Net PP&E | 140 | 142 | 196 | 226 | 254 |
| Goodwill | 587 | 593 | 590 | 677 | 686 |
| Total assets | 1,367 | 1,389 | 1,516 | 1,734 | 1,852 |
| Payables | 81.1 | 79.9 | 84.7 | 105 | 109 |
| Deferred revenue | 2.7 | 2.8 | 2.9 | 3.1 | 3.7 |
| Current liabilities | 255 | 258 | 265 | 330 | 356 |
| Long-term debt | – | – | 90.9 | 99.8 | 15.0 |
| Total liabilities | 456 | 398 | 449 | 542 | 494 |
| Shareholders' equity | 911 | 991 | 1,067 | 1,192 | 1,358 |
| Fiscal year | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|
| Operating cash flow | 118 | 209 | 255 | 181 | 244 |
| Capital expenditure | 43.1 | 19.2 | 79.9 | 27.6 | 51.5 |
| Free cash flow | 75.3 | 190 | 175 | 154 | 193 |
| Depreciation & amortisation | 34.2 | 32.4 | 29.9 | 40.6 | 44.9 |
| Stock-based compensation | 10.5 | 7.5 | 7.4 | 11.9 | 22.9 |
| Acquisitions | 0.0 | 0.0 | 0.0 | 145 | 17.4 |
| Share buybacks | 109 | 75.0 | 72.2 | 50.8 | 42.2 |
| Dividends paid | 45.9 | 45.4 | 45.1 | 45.5 | 46.1 |
| Fiscal year | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 2.3% | 0.7% | 12.8% | 9.8% |
| Operating income growth (YoY) | – | 16.7% | 8.1% | −2.8% | 11.3% |
| Gross margin | 48.5% | 49.4% | 51.3% | 50.3% | 51.7% |
| Operating margin | 14.8% | 16.9% | 18.1% | 15.6% | 15.9% |
| Net margin | 11.5% | 13.1% | 14.7% | 12.5% | 12.4% |
| Return on equityBlank when equity is negative | 16.5% | 17.6% | 18.5% | 15.9% | 15.1% |
| ROCEEBIT ÷ (assets − current liabilities) | 17.4% | 19.9% | 19.5% | 16.9% | 17.6% |
| Free cash flow margin | 5.8% | 14.3% | 13.1% | 10.1% | 11.6% |
| Cash conversion (CFO ÷ net income) | 0.79x | 1.20x | 1.29x | 0.96x | 1.19x |
| Receivable days | 51 | 51 | 50 | 56 | 57 |
| Inventory days | 103 | 96 | 85 | 97 | 103 |
| Payable days | 44 | 43 | 47 | 51 | 49 |
| Interest cover | 151x | 63.6x | 77.9x | 49.9x | 27.2x |
| Debt ÷ equity | – | – | 0.09x | 0.08x | 0.01x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | – | – | −159 | −74.6 | −172 |
| Current ratio | 1.95x | 2.03x | 2.27x | 1.88x | 1.94x |
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.