Brady Corporation

Description

Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The company offers safety signs, traffic signs and control products, floor-marking tape, pipe markers, labeling systems, spill control products, lockout/tagout devices, personal protection equipment, first aid products, and software and services for safety compliance auditing, procedures writing, and training; materials, printing systems, radio frequency identification and barcode scanners for product identification, brand protection labeling, work in process labeling, finished product identification, asset tracking labels, asset tags, and industrial track and trace applications; and handheld printers, wire markers, sleeves, and tags. It also wristbands, labels, printing systems, and other products used in hospital, laboratory, and other healthcare settings for tracking and improving the safety of patients; tags, badges, lanyards, rigid card printing systems, and access control software. The company serves industrial manufacturing, electronic manufacturing, healthcare, chemical, oil, gas, alternative energy, automotive, aerospace, governments, mass transit, mechanical contractors, construction, utilities, education, leisure and entertainment and telecommunications, and others through distributors, direct sales force, and digital channels. Brady Corporation was incorporated in 1914 and is headquartered in Milwaukee, Wisconsin.

About

CEO
Mr. Russell R. Shaller
Employees
5,700
Instrument type
Common Stock
Sector
Industrials
Industry
Security & Protection Services
MIC code
XNYS
Address
6555 West Good Hope Road, Milwaukee, WI 53223, United States
Phone
414 358 6600
Website
Chart Image
× Enlarged Chart
Oscillators
No data available
Summary
No data available
Moving Averages
No data available

Earnings

Date Estimate EPS Actual EPS Difference % Surprise
Nov 17, 2025
Sep 4, 2025
May 20, 2025
Feb 20, 2025
Nov 18, 2024 1.10 1.12 0.02 1.82%

Earnings estimate

Current Quarter
(Jan 2025)
Next Quarter
(Apr 2025)
Current Year
(Jul 2025)
Next Year
(Jul 2026)
Number of analysts 2 2 2 2
Average estimate 1.04 1.24 4.64 5.06
Low estimate 1.02 1.21 4.58 4.94
High estimate 1.05 1.26 4.70 5.17
Last year EPS 0.93 1.09 4.22 4.64
[stock_revenue_estimate]

Growth estimates

Current qtr (Jan 2025)
11.290%
Next qtr. (Apr 2025)
13.300%
Current year (Jul 2025)
9.950%
Next year (Jul 2026)
8.940%
Next 5 years (per annum)
Past 5 years (per annum)

Analyst Ratings

Date Firm Action Rating Price Target
Jan 2, 2024
B of A Securities
George Staphos
Upgrade Buy ▲ Raises $51 → $65
Feb 18, 2022
Wells Fargo
Michael Mcginn
Downgrade Equal-Weight Announces $52
Jan 10, 2022
Wells Fargo
Michael Mcginn
Maintains Overweight ▼ Lowers $70 → $60
Jun 8, 2021
Wells Fargo
Upgrade Overweight
Sep 11, 2020
Sidoti & Co.
Maintains Buy ▲ Raises $59 → $61
Jun 4, 2020
B of A Securities
Maintains Underperform ▼ Lowers $45 → $44
May 22, 2020
Wells Fargo
Maintains Underweight ▲ Raises $37 → $40
Mar 16, 2020
Wells Fargo
Allison Poliniak Cusic
Maintains Underweight ▼ Lowers $50 → $40
Jan 14, 2020
Wells Fargo
Downgrade Underweight
Nov 22, 2019
Wells Fargo
Maintains Market Perform ▲ Raises $50 → $55
Oct 31, 2019
Northcoast Research
Downgrade Neutral
Oct 31, 2019
Northcoast
Downgrade Neutral
Sep 9, 2019
Bank of America
Maintains Underperform
Sep 9, 2019
B of A Securities
Maintains Underperform ▲ Raises $46 → $49
Sep 18, 2018
Sidoti & Co.
Downgrade Neutral
Sep 17, 2018
Bank of America
Maintains Underperform
Sep 17, 2018
B of A Securities
George Staphos
Maintains Underperform ▲ Raises $40 → $42
Jul 16, 2018
B of A Securities
Downgrade Underperform
Jul 16, 2018
Bank of America
Downgrade Underperform
Jan 2, 2018
B of A Securities
Upgrade Buy
Jan 2, 2018
Bank of America
Upgrade Buy
Nov 17, 2017
Bank of America
Maintains Underperform
Nov 17, 2017
B of A Securities
George Staphos
Maintains Underperform ▲ Raises $34 → $35
Sep 8, 2017
Bank of America
Maintains Underperform
Sep 8, 2017
B of A Securities
George Staphos
Maintains Underperform ▲ Raises $33 → $34
Sep 13, 2016
SunTrust Robinson Humphrey
Upgrade Neutral
Sep 12, 2016
Baird
Maintains Neutral ▲ Raises $30 → $34
Nov 3, 2015
SunTrust Robinson Humphrey
Initiates Reduce
Sep 15, 2015
B of A Securities
Downgrade Underperform
Sep 15, 2015
Bank of America
Downgrade Underperform

Income statement

2024 2023 2022 2021 2020
Fiscal date 2024-07-31 2023-07-31 2022-07-31 2021-07-31 2020-07-31
Total reported revenue 1.34B 1.33B 1.30B 1.14B 1.08B
Cost of revenue 653.51M 674.59M 670.51M 583.25M 552.73M
Gross profit 687.88M 657.28M 631.55M 561.45M 528.57M
Operating expense
Research & development 67.75M 61.37M 58.55M 44.55M 40.66M
Selling general and admin 376.72M 370.70M 379.99M 349.77M 336.06M
Other operating expenses
Operating income 243.41M 225.21M 193.01M 167.13M 151.84M
Non operating interest income
Income
Expense 3.13M 3.54M 1.28M 437,000 2.17M
Other income expense 7.55M 4.02M 244,000 4.33M -8.74M
Pretax income 247.84M 225.70M 191.98M 171.02M 140.94M
Tax provision 50.63M 50.84M 42.00M 35.61M 28.32M
Net income 197.22M 174.86M 149.98M 129.66M 112.37M
Basic EPS 4.10 3.53 2.92 2.49 2.13
Diluted EPS 4.07 3.51 2.90 2.47 2.11
Basic average shares 48.12M 49.59M 51.32M 52.04M 52.76M
Diluted average shares 48.12M 49.59M 51.32M 52.04M 52.76M
EBITDA 273.29M 257.58M 227.19M 192.61M 175.28M
Net income from continuing op. 197.22M 174.86M 149.98M 129.66M 112.37M
Minority interests
Preferred stock dividends

Balance sheet

2024 2023 2022 2021 2020
Fiscal date 2024-07-31 2023-07-31 2022-07-31 2021-07-31 2020-07-31
Total assets 1.52B 1.39B 1.37B 1.38B 1.14B
Current assets
Cash
Cash equivalents
Cash and cash equivalents 250.12M 151.53M 114.07M 147.34M 217.64M
Other short term investments
Accounts receivable 185.49M 184.42M 183.23M 170.58M 146.18M
Other receivables
Inventory 152.73M 177.08M 190.02M 136.11M 135.66M
Prepaid assets 10.74M 11.08M 9.96M
Restricted cash
Assets held for sale
Hedging assets
Other current assets 11.38M 11.79M 10.74M 11.08M 9.96M
Non current assets
Properties 38.50M 29.69M 31.29M 163.62M 41.90M
Land and improvements 30.60M 12.27M 11.92M 8.20M 9.96M
Machinery furniture equipment 288.89M 282.87M 268.53M 276.99M 267.80M
Construction in progress 32.70M 9.68M 7.83M 4.99M 8.43M
Leases
Accumulated depreciation -304.20M -292.68M -272.38M -277.25M -276.25M
Goodwill 1.23B 1.25B 1.25B 1.32B 854.40M
Investment properties
Financial assets
Intangible assets 51.84M 62.10M 74.03M 92.33M 22.33M
Investments and advances
Other non current assets 40.14M 37.86M 37.60M 42.56M 37.68M
Total liabilities 448.91M 398.34M 456.03M 414.73M 279.39M
Current liabilities
Accounts payable 84.69M 79.86M 81.12M 82.15M 62.55M
Accrued expenses 41.55M
Short term debt 13.38M 14.73M 15.00M 17.67M 15.30M
Deferred revenue
Tax payable 21.49M 26.16M 20.83M 16.97M 16.71M
Pensions 77.95M 71.47M 76.76M 81.17M 41.55M
Other current liabilities 67.17M 65.83M 61.46M 59.62M 49.78M
Non current liabilities
Long term debt 116.28M 65.93M 114.14M 66.35M 31.98M
Provision for risks and charges
Deferred liabilities
Derivative product liabilities
Other non current liabilities 67.95M 74.37M 86.72M 90.80M 61.52M
Shareholders equity
Common stock 548,000 548,000 548,000 548,000 548,000
Retained earnings 1.17B 1.02B 892.42M 788.37M 704.46M
Other shareholders equity -109.62M -93.06M -109.08M -55.95M -66.48M
Total shareholders equity 1.07B 990.92M 911.30M 963.03M 863.07M
Additional paid in capital 353.65M 351.77M 345.27M 339.13M 331.76M
Treasury stock 351.95M 290.21M 217.86M 109.06M 107.22M
Minority interest

Cash flow statement

202420232022202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995199419931992199119901989
Operating Activities
Net Income197.22M174.86M149.98M129.66M112.37M131.26M91.06M95.65M80.11M2.99M-45.97M-154.54M-17.91M108.65M81.96M70.12M132.19M109.39M104.18M81.95M50.87M21.42M28.25M27.55M47.20M39.58M28.00M31.70M28.00M27.90M18.50M16.90M8.40M15.40M15.00M9.90M
Depreciation29.87M32.37M34.18M25.48M23.44M23.80M25.44M27.30M32.43M39.46M44.60M48.73M43.99M48.83M53.02M54.85M60.59M53.86M35.14M26.82M20.19M17.77M16.63M22.65M17.83M15.15M13.30M14.20M10.60M9.10M9.40M10.20M8.70M7.50M6.50M6.90M
Deferred Taxes-9.40M-12.47M-1.65M-8.97M-764,0007.83M33.66M-8.62M2.09M-7.23M-27.52M21.63M-9.68M-8.16M-6.83M-8.64M-1.50M70,000-1.84M-2.65M5.17M-1.92M449,000-1.98M-763,000-1.07M-4.50M-1.10M-500,000200,000-400,000-600,000-1.50M100,0001.40M-400,000
Stock-Based Compensation7.36M7.51M10.50M10.10M8.84M12.09M9.98M9.50M8.15M4.47M5.21M1.74M9.74M9.83M9.72M7.73M
Other Non-Cash Items1.40M-308,0001.20M-831,0002.61M2.35M-15,000504,0004.16M566,0003.70M458,0002.16M2.26M2.47M10.23M10.19M6.72M12.18M694,000100,000100,000100,000200,000-100,000-100,000-100,000
Accounts Receivable-6.58M2.38M-25.33M-12.61M13.90M3.50M-16.61M766,0008.16M1.32M-3.60M1.54M18.09M7.68M-29.48M53.39M-3.70M-20.31M-13.62M-7.13M-11.98M4.33M-3.06M8.30M-9.34M-4.90M1.10M-12.80M-1.80M-12.60M-2.20M-2.90M-4.50M-1.30M-3.40M-900,000
Accounts Payable-26.13M-11.90M13.11M21.75M3.93M-8.52M-20.51M-2.29M-29.37M-3.37M52.41M
Other Assets & Liabilities16.75M19.07M-58.07M3.30M-11.84M-7.07M-10.66M-4.63M3.63M219,000-8.88M-5.28M16.25M502,0005.68M37.12M8.07M-11.95M-22.55M1.94M-5.31M9.42M6.03M1.03M-9.18M7.08M6.70M1.00M-800,000-3.20M3.40M100,000-3.20M-4.30M-3.70M-4.60M
Operating Cash Flow236.62M223.40M110.82M146.13M122.43M161.84M145.96M142.22M138.50M36.87M-56.09M-84.78M31.56M166.12M168.74M217.04M205.87M141.25M108.03M113.11M58.94M51.03M48.99M57.54M45.74M55.94M44.60M33.00M35.60M21.50M28.90M23.70M7.80M17.40M15.70M10.80M
Investing Activities
Capital Expenditures-79.89M-19.23M-43.14M-27.19M-27.28M-32.83M-21.78M-15.17M-17.14M-26.67M-43.40M-35.69M-24.15M-20.53M-26.30M-24.03M-25.53M-49.77M-38.86M-21.53M-14.44M-14.18M-12.32M-20.25M-21.57M-9.66M-36.00M-7.90M-5.90M-1.90M-6.00M-1.40M-23.60M-14.80M-6.50M-10.20M
Net Intangibles
Net Acquisitions8.00M-243.98M19.14M6.11M54.24M-290.98M-36.79M5.01M-30.43M-29.35M-159.48M-351.33M-79.93M-228.93M-23.91M-12.75M-6.70M-37.91M-31.11M
Purchase of Investments-10.35M-68.10M-150.90M-50.03M-38.45M-16.75M-22.93M-8.10M-9.90M-4.90M
Sale of Investments6.25M29.55M60.40M146.50M48.08M42.85M17.20M825,00027.35M6.10M8.70M7.00M4.00M
Investing Cash Flow-81.05M-11.21M-43.07M-268.59M-36.12M-34.46M-2.91M-15.25M-15.42M-14.37M10.21M-325.77M-63.81M-17.09M-48.68M-19.04M-39.21M-237.04M-395.28M-105.09M-240.51M-38.37M-24.53M-26.48M-55.05M-40.94M-35.80M-14.30M-59.10M3.70M-6.00M-1.40M-17.50M-14.30M-9.40M-11.00M
Financing Activities
Long-Term Debt Issuance175.10M127.66M243.72M20.70M13.64M23.22M180.32M96.28M83.38M73.33M231.61M94.92M
Long-Term Debt Payments-133.88M-172.94M-186.72M-63.96M-70.53M-13.57M-78.42M-293.57M-134.27M-74.83M-123.66M-242.26M-62.69M-61.26M-44.89M-87.22M
Other Financing Charges-2.65M-1.98M-5.01M-2.75M-8.93M-5.44M-4.15M-839,000-2.47M-1.37M-6.10M1.63M-169,000-439,000859,0001.34M4.64M4.30M4.91M-1.37M-1.73M100,000100,000-100,0009.10M
Financing Cash Flow-78.71M-212.94M-46.17M-78.05M-170.19M-53.22M-158.88M-219.92M-95.06M18.92M-104.45M17.55M-147.82M-91.57M15.28M-160.31M-55.50M-19.01M120.83M-7.11M-2.32M-16.51M-11.64M-13.73M-12.06M-12.07M-12.40M-10.80M-8.40M-4.60M-3.90M-3.70M-3.70M-3.30M-2.80M-2.30M
Other Cash Details
End Cash Position250.12M151.53M114.07M147.34M217.64M279.07M181.43M133.94M141.23M114.49M81.83M91.06M305.90M389.97M314.84M188.16M258.36M142.85M113.01M72.97M68.79M68.61M75.97M62.81M60.78M75.47M65.60M
Income Tax Paid62.07M58.83M33.83M46.85M29.60M24.34M33.27M31.89M28.50M25.02M33.04M34.03M35.29M35.85M30.87M48.77M
Interest Paid2.93M3.41M1.08M373,0002.40M2.65M2.98M5.77M8.53M11.16M14.59M17.16M19.19M21.30M21.63M26.05M
Free Cash Flow175.18M189.92M75.31M178.48M113.70M129.39M121.27M128.87M121.84M66.68M50.02M107.82M120.56M146.82M138.94M102.62M199.15M84.08M75.49M97.18M72.75M42.88M41.16M32.46M25.78M51.47M10.70M31.10M24.10M13.50M26.60M9.30M-5.70M2.20M6.30M8.40M
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Brady Corporation elects Board of Directors and declares regular dividend to shareholders Article
Brady Corporation elects Board of Directors and declares regular dividend to shareholders
MILWAUKEE, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Company”) announced that shareholders of the Company's Class B Common Voting Stock have voted unanimously in favor of the election of the director nominees to a one-year term at the Company's annual meeting of shareholders held today in Milwaukee.
GlobeNewsWire Neutral
Dec 4, 2024
Brady Corporation: Bold Strategies Call For An Upgrade Article
Brady Corporation: Bold Strategies Call For An Upgrade
Emerging markets in Asia and Europe and supply chain improvements are expected to drive Brady Corporation's sales and operating margin growth. BRC's strong balance sheet, undervaluation compared to peers, and strategic initiatives justify upgrading the stock rating to "buy." BRC's low debt-to-equity ratio and consistent dividend increases highlight its commitment to maximizing shareholder returns.
Seeking Alpha Positive
Nov 23, 2024
Brady Corporation (BRC) Q1 2025 Earnings Call Transcript Article
Brady Corporation (BRC) Q1 2025 Earnings Call Transcript
Brady Corporation (NYSE:BRC ) Q1 2025 Earnings Conference Call November 18, 2024 10:30 AM ET Company Participants Ann Thornton - Chief Financial Officer Russell Shaller - President & Chief Executive Officer Conference Call Participants Steve Ferazani - Sidoti Keith Housum - Northcoast Research Operator Good day, and thank you for standing by. Welcome to the 2025 First Quarter Brady Corporation Earnings Conference Call.
Seeking Alpha Neutral
Nov 18, 2024
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