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BRC · Brady Corp · Financials

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$81.39 -1.20 (-1.45%) Q4 2026 earnings call transcript
Market Cap
$3.87B
Shares
46.90M
Volume · Oct 28 101.02K Avg daily vol (3M) 232.68K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$1.66B +9.8%
FY2026 Revenue FY2017–FY2026
Net Income
$205.38M +8.5%
FY2026 Net Income FY2009–FY2026
Gross Margin
51.75% +1.5pp
FY2026 Gross Margin FY2017–FY2026
Operating Margin
15.86% +0.2pp
FY2026 Operating Margin FY2017–FY2026
Operating Cash Flow
$244.13M +34.7%
FY2026 Operating Cash Flow FY2009–FY2026

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
$1.66B $1.51B $1.34B $1.33B $1.3B $1.14B $1.08B $1.16B $1.17B $1.11B — — — — — — — —
$801.74M $752.78M $653.51M $674.59M $670.51M $583.25M $552.73M $581.97M $585.56M $555.02M $561.85M $613.3M $615.47M $548.44M $480.54M $471.41M $635.8M $631.12M
$859.83M $760.82M $687.88M $657.28M $631.55M $561.45M $528.57M $578.68M $588.29M $558.29M $558.77M $558.43M $609.56M $609.35M $590.97M $587.95M $623.3M $577.58M
51.75% 50.27% 51.28% 49.35% 48.5% 49.05% 48.88% 49.86% 50.12% 50.15% — — — — — — — —
$94.03M $79.89M $67.75M $61.37M $58.55M $44.55M $40.66M $45.17M $45.25M $39.62M $35.8M $36.73M $35.05M $33.55M $34.53M $38.27M $42.62M $34.18M
$502.31M $444.3M $376.72M $370.7M $379.99M $349.77M $336.06M $371.08M $390.34M $387.65M $405.1M $422.7M $452.16M $427.86M $392.69M $397.47M $435.91M $397.18M
$20.92M $18.92M $9.42M $11.74M $14.97M $7.08M $5.22M $5.78M $6.43M $7.11M $9.06M $12.1M $17.87M $17.15M $10.58M $15.57M $21.46M $22.83M
$44.87M $40.64M $29.87M $32.37M $34.18M $25.48M $23.44M $23.8M $25.44M $27.3M $32.43M $39.46M $44.6M $48.73M $43.99M $48.83M $53.02M $54.85M
— — — — — — — — — $0 $0 $16.82M $15.01M $26.05M $6.08M $6.45M $15.31M $25.85M
$596.34M $524.18M $444.47M $432.06M $438.54M $394.32M $390.54M $416.25M $435.6M $427.28M $440.9M $523.13M $650.78M $691.9M $433.31M $442.19M $493.84M $457.21M
$263.49M $236.64M $243.41M $225.21M $193.01M $167.13M $138.02M $162.43M $152.7M $131.02M $117.88M $35.31M -$41.21M -$82.56M $157.66M $145.76M $129.46M $120.37M
15.86% 15.63% 18.15% 16.91% 14.82% 14.6% 12.76% 13.99% 13.01% 11.77% — — — — — — — —
$308.36M $277.28M $273.29M $257.58M $227.19M $192.61M $161.46M $186.23M $178.14M $158.32M $150.31M $74.76M $3.39M -$33.83M $201.65M $194.59M $182.48M $175.22M
$9.7M $4.75M $3.13M $3.54M $1.28M $437K $2.17M $2.83M $3.17M $5.5M $7.82M $11.16M $14.3M $16.64M $19.09M $22.12M $21.22M $24.9M
$5.63M $5.21M $7.55M $4.02M $244K $4.33M $5.08M $5.05M — — — — — — -$17.01M -$18.13M -$20.05M -$23.1M
— — — $0 $0 -$5.75M -$246K $0 $0 — — — — — — — — —
$259.42M $237.1M $247.84M $225.7M $191.98M $171.02M $140.94M $164.64M $152.02M $126.63M $109.35M $25M -$53.11M -$95.67M $140.66M $127.62M $109.4M $97.27M
$54.04M $47.84M $50.63M $50.84M $42M $35.61M $28.32M $33.39M $60.96M $30.99M $29.24M $20.09M -$4.96M $42.58M $37.16M $35.41M $27.45M $27.15M
$205.38M $189.26M $197.22M $174.86M $149.98M $129.66M $112.37M $131.26M $91.06M $95.65M $80.11M $2.99M -$45.97M -$154.54M -$17.91M $108.65M $81.96M $70.12M
12.36% 12.5% 14.7% 13.13% 11.52% 11.33% 10.39% 11.31% 7.76% 8.59% — — — — — — — —
$222.74M $206.72M $180.65M $190.87M $96.86M $140.18M $117.15M $116.41M $79.34M $105.71M $70.4M -$106.2M -$37.88M -$157.88M -$72.4M $171.65M $79.81M -$75.11M
shares 47.29M 47.64M 48.12M 49.59M 51.32M 52.04M 52.76M 52.6M 51.68M 51.06M 50.54M 51.29M 51.87M 51.33M 52.45M 52.64M 52.4M 52.56M
shares 47.75M 48.09M 48.5M 49.87M 51.65M 52.41M 53.23M 53.32M 52.52M 51.96M 50.77M 51.38M 51.87M 51.33M 52.82M 53.13M 52.95M 52.87M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2026: $574.23M in buybacks, $760.17M in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Long-term debt, including current maturities 2026-07-31 USD 14,985,000 10-K filed 2026-09-03
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Line of credit borrowings, including current maturities
USD 15,000,000
Operating lease liabilities 2026-07-31 USD 68,608,000 10-K filed 2026-09-03
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current operating lease liabilities
USD 17,020,000
Noncurrent operating lease liabilities
USD 51,588,000
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

5.43% Senior Notes, Series A, due August 3, 2031

Note · Brady Corporation

Reference: 5.43% Senior Notes, Series A, due August 3, 2031

Active
Original principal
USD 250,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Aug 3, 2031

Last reported interest terms: 5.43% Reported 2026-08-06 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-08-03 Original principal USD 250,000,000 Exact source document Parent 8-K filing · 2026-08-06
    On August 3, 2026, the Company completed a private placement of $250 million of 5.43% Senior Notes, Series A, due August 3, 2031 (the “Series A Notes”), $300 million of 5.65% Senior Notes, Series B, due August 3, 2033 (the “Series B Notes”), and $250 million of 5.90% Senior Notes, Series C, due August 3, 2036 (the “Series C Notes” and, together with the Series A Notes and the Series B Notes, the “Senior Notes”), in each case pursuant to a Note Purchase Agreement with the purchasers party thereto. The Senior Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company’s wholly-owned domestic subsidiaries. A portion of the proceeds of the Senior Notes were used to finance the Transaction and related fees and expenses, with the remainder of such proceeds to be used for general corporate purposes. The Senior Notes were offered and sold to the purchasers in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Senior Notes will not be registered for resale and may not be
    Issuer evidence: On April 20, 2026, Brady Corporation (the “Company”) and its wholly owned subsidiary, Brady Worldwide, Inc. (the “Purchaser”), entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Honeywell International Inc. (the “Seller”). Pursuant to the Purchase Agreement, on the terms and subject to the conditions therein, the Purchaser agreed to acquire the Seller’s Productivity Solutions and Services business (the “Business”), a global manufacturer and provider of integrated mobile computing, scanning, printing, and software solutions, for a base purchase price of $1.4 billion in cash, subject to customary post-closing adjustments (the “Transaction”).
    Supporting evidence: On August 3, 2026, the Company completed a private placement of $250 million of 5.43% Senior Notes, Series A, due August 3, 2031 (the “Series A Notes”), $300 million of 5.65% Senior Notes, Series B, due August 3, 2033 (the “Series B Notes”), and $250 million of 5.90% Senior Notes, Series C, due August 3, 2036 (the “Series C Notes” and, together with the Series A Notes and the Series B Notes, the “Senior Notes”), in each case pursuant to a Note Purchase Agreement with the purchasers party thereto. The Senior Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company’s wholly-owned domestic subsidiaries. A portion of the proceeds of the Senior Notes were used to finance the Transaction and related fees and expenses, with the remainder of such proceeds to be used for general corporate purposes. The Senior Notes were offered and sold to the purchasers in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Senior Notes will not be registered for resale and may not be
    Supporting evidence: On August 3, 2026, the Company completed a private placement of $250 million of 5.43% Senior Notes, Series A, due August 3, 2031 (the “Series A Notes”), $300 million of 5.65% Senior Notes, Series B, due August 3, 2033 (the “Series B Notes”), and $250 million of 5.90% Senior Notes, Series C, due August 3, 2036 (the “Series C Notes” and, together with the Series A Notes and the Series B Notes, the “Senior Notes”), in each case pursuant to a Note Purchase Agreement with the purchasers party thereto. The Senior Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company’s wholly-owned domestic subsidiaries. A portion of the proceeds of the Senior Notes were used to finance the Transaction and related fees and expenses, with the remainder of such proceeds to be used for general corporate purposes. The Senior Notes were offered and sold to the purchasers in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Senior Notes will not be registered for resale and may not be

5.65% Senior Notes, Series B, due August 3, 2033

Note · Brady Corporation

Reference: 5.65% Senior Notes, Series B, due August 3, 2033

Active
Original principal
USD 300,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Aug 3, 2033

Last reported interest terms: 5.65% Reported 2026-08-06 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-08-03 Original principal USD 300,000,000 Exact source document Parent 8-K filing · 2026-08-06
    On August 3, 2026, the Company completed a private placement of $250 million of 5.43% Senior Notes, Series A, due August 3, 2031 (the “Series A Notes”), $300 million of 5.65% Senior Notes, Series B, due August 3, 2033 (the “Series B Notes”), and $250 million of 5.90% Senior Notes, Series C, due August 3, 2036 (the “Series C Notes” and, together with the Series A Notes and the Series B Notes, the “Senior Notes”), in each case pursuant to a Note Purchase Agreement with the purchasers party thereto. The Senior Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company’s wholly-owned domestic subsidiaries. A portion of the proceeds of the Senior Notes were used to finance the Transaction and related fees and expenses, with the remainder of such proceeds to be used for general corporate purposes. The Senior Notes were offered and sold to the purchasers in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Senior Notes will not be registered for resale and may not be
    Issuer evidence: On April 20, 2026, Brady Corporation (the “Company”) and its wholly owned subsidiary, Brady Worldwide, Inc. (the “Purchaser”), entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Honeywell International Inc. (the “Seller”). Pursuant to the Purchase Agreement, on the terms and subject to the conditions therein, the Purchaser agreed to acquire the Seller’s Productivity Solutions and Services business (the “Business”), a global manufacturer and provider of integrated mobile computing, scanning, printing, and software solutions, for a base purchase price of $1.4 billion in cash, subject to customary post-closing adjustments (the “Transaction”).
    Supporting evidence: On August 3, 2026, the Company completed a private placement of $250 million of 5.43% Senior Notes, Series A, due August 3, 2031 (the “Series A Notes”), $300 million of 5.65% Senior Notes, Series B, due August 3, 2033 (the “Series B Notes”), and $250 million of 5.90% Senior Notes, Series C, due August 3, 2036 (the “Series C Notes” and, together with the Series A Notes and the Series B Notes, the “Senior Notes”), in each case pursuant to a Note Purchase Agreement with the purchasers party thereto. The Senior Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company’s wholly-owned domestic subsidiaries. A portion of the proceeds of the Senior Notes were used to finance the Transaction and related fees and expenses, with the remainder of such proceeds to be used for general corporate purposes. The Senior Notes were offered and sold to the purchasers in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Senior Notes will not be registered for resale and may not be
    Supporting evidence: On August 3, 2026, the Company completed a private placement of $250 million of 5.43% Senior Notes, Series A, due August 3, 2031 (the “Series A Notes”), $300 million of 5.65% Senior Notes, Series B, due August 3, 2033 (the “Series B Notes”), and $250 million of 5.90% Senior Notes, Series C, due August 3, 2036 (the “Series C Notes” and, together with the Series A Notes and the Series B Notes, the “Senior Notes”), in each case pursuant to a Note Purchase Agreement with the purchasers party thereto. The Senior Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company’s wholly-owned domestic subsidiaries. A portion of the proceeds of the Senior Notes were used to finance the Transaction and related fees and expenses, with the remainder of such proceeds to be used for general corporate purposes. The Senior Notes were offered and sold to the purchasers in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Senior Notes will not be registered for resale and may not be

5.90% Senior Notes, Series C, due August 3, 2036

Note · Brady Corporation

Reference: 5.90% Senior Notes, Series C, due August 3, 2036

Active
Original principal
USD 250,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Aug 3, 2036

Last reported interest terms: 5.9% Reported 2026-08-06 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-08-03 Original principal USD 250,000,000 Exact source document Parent 8-K filing · 2026-08-06
    On August 3, 2026, the Company completed a private placement of $250 million of 5.43% Senior Notes, Series A, due August 3, 2031 (the “Series A Notes”), $300 million of 5.65% Senior Notes, Series B, due August 3, 2033 (the “Series B Notes”), and $250 million of 5.90% Senior Notes, Series C, due August 3, 2036 (the “Series C Notes” and, together with the Series A Notes and the Series B Notes, the “Senior Notes”), in each case pursuant to a Note Purchase Agreement with the purchasers party thereto. The Senior Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company’s wholly-owned domestic subsidiaries. A portion of the proceeds of the Senior Notes were used to finance the Transaction and related fees and expenses, with the remainder of such proceeds to be used for general corporate purposes. The Senior Notes were offered and sold to the purchasers in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Senior Notes will not be registered for resale and may not be
    Issuer evidence: On April 20, 2026, Brady Corporation (the “Company”) and its wholly owned subsidiary, Brady Worldwide, Inc. (the “Purchaser”), entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Honeywell International Inc. (the “Seller”). Pursuant to the Purchase Agreement, on the terms and subject to the conditions therein, the Purchaser agreed to acquire the Seller’s Productivity Solutions and Services business (the “Business”), a global manufacturer and provider of integrated mobile computing, scanning, printing, and software solutions, for a base purchase price of $1.4 billion in cash, subject to customary post-closing adjustments (the “Transaction”).
    Supporting evidence: On August 3, 2026, the Company completed a private placement of $250 million of 5.43% Senior Notes, Series A, due August 3, 2031 (the “Series A Notes”), $300 million of 5.65% Senior Notes, Series B, due August 3, 2033 (the “Series B Notes”), and $250 million of 5.90% Senior Notes, Series C, due August 3, 2036 (the “Series C Notes” and, together with the Series A Notes and the Series B Notes, the “Senior Notes”), in each case pursuant to a Note Purchase Agreement with the purchasers party thereto. The Senior Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company’s wholly-owned domestic subsidiaries. A portion of the proceeds of the Senior Notes were used to finance the Transaction and related fees and expenses, with the remainder of such proceeds to be used for general corporate purposes. The Senior Notes were offered and sold to the purchasers in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Senior Notes will not be registered for resale and may not be
    Supporting evidence: On August 3, 2026, the Company completed a private placement of $250 million of 5.43% Senior Notes, Series A, due August 3, 2031 (the “Series A Notes”), $300 million of 5.65% Senior Notes, Series B, due August 3, 2033 (the “Series B Notes”), and $250 million of 5.90% Senior Notes, Series C, due August 3, 2036 (the “Series C Notes” and, together with the Series A Notes and the Series B Notes, the “Senior Notes”), in each case pursuant to a Note Purchase Agreement with the purchasers party thereto. The Senior Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company’s wholly-owned domestic subsidiaries. A portion of the proceeds of the Senior Notes were used to finance the Transaction and related fees and expenses, with the remainder of such proceeds to be used for general corporate purposes. The Senior Notes were offered and sold to the purchasers in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Senior Notes will not be registered for resale and may not be

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
2.23×
Peer median 2.17×
EV/EBIT
14.05×
Peer median 16.32×
P/E (TTM)
—
Peer median 24.64×

Peer medians compare against the 10 similar-size Security & Protection Services companies (of 21 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Americas Asia $1,106,620,000 $993,715,000 $886,528,000 $888,857,000 $861,084,000 $735,582,000 — —
Europe Australia $554,945,000 $519,890,000 $454,865,000 $443,006,000 $440,978,000 $409,116,000 — —
Identification Solutions — — — — — — $784,707,000 $863,100,000
Workplace Safety — — — — — — $296,592,000 $297,545,000

By Geography (USD)

Component FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
United States $951,773,000 $847,336,000 $783,775,000 $790,596,000 $764,930,000 $642,268,000 $627,160,000 $674,924,000
Other Countries $799,017,000 $747,289,000 $631,748,000 $610,553,000 $613,433,000 $565,956,000 $509,530,000 $546,923,000
Intersegment Elimination -$89,225,000 -$81,020,000 -$74,130,000 -$69,286,000 -$76,301,000 -$63,526,000 -$55,391,000 -$61,202,000
Americas — — — — — — $624,870,000 $675,944,000
Asia Pacific — — — — — — $138,532,000 $140,369,000
Europe — — — — — — $317,897,000 $344,332,000

By Product & Service (USD)

Component FY2026 FY2025 FY2024 FY2023 FY2022
Safety and Facility Identification $647,821,000 $611,242,000 $607,235,000 $608,938,000 $581,914,000
Product Identification $497,650,000 $428,655,000 $274,429,000 $259,164,000 $275,836,000
Wire Identification $289,140,000 $247,933,000 $228,415,000 $209,284,000 $203,919,000
Healthcare Identification $140,675,000 $140,612,000 $141,767,000 $145,225,000 $135,364,000
People Identification $86,279,000 $85,163,000 $89,547,000 $109,252,000 $105,029,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2026 FY2025 FY2024 FY2023
Americas Asia $256,615,000 $209,766,000 $196,842,000 $180,503,000
Europe Australia $74,301,000 $56,941,000 $70,612,000 $65,742,000

Operating Margin by Segment (%)

Component FY2026 FY2025 FY2024 FY2023
Americas Asia 23.2% 21.1% 22.2% 20.3%
Europe Australia 13.4% 11% 15.5% 14.8%
Key facts CIK 746598 CUSIP 104674106 13F (30d) 73 filings 67 filers Visit website