Brady Corporation (BRC)
Total asset turnover
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,513,605 | 1,459,732 | 1,420,526 | 1,386,475 | 1,341,393 | 1,343,920 | 1,337,652 | 1,341,277 | 1,331,863 | 1,309,915 | 1,311,350 | 1,303,156 | 1,302,062 | 1,284,211 | 1,241,163 | 1,188,946 | 1,144,698 | 1,090,312 | 1,060,752 | 1,071,579 |
| Total assets | US$ in thousands | 1,734,250 | 1,698,120 | 1,588,700 | 1,627,880 | 1,515,570 | 1,424,100 | 1,407,600 | 1,383,410 | 1,389,260 | 1,376,770 | 1,372,270 | 1,350,630 | 1,367,330 | 1,344,240 | 1,387,060 | 1,410,480 | 1,377,760 | 1,260,180 | 1,207,880 | 1,175,710 |
| Total asset turnover | 0.87 | 0.86 | 0.89 | 0.85 | 0.89 | 0.94 | 0.95 | 0.97 | 0.96 | 0.95 | 0.96 | 0.96 | 0.95 | 0.96 | 0.89 | 0.84 | 0.83 | 0.87 | 0.88 | 0.91 |
July 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,513,605K ÷ $1,734,250K
= 0.87
The total asset turnover ratio of Brady Corporation demonstrates a generally stable performance over the analyzed period, with some fluctuations. Starting at 0.91 as of October 31, 2020, the ratio experienced a slight decline through January and April 2021, reaching 0.87. It then continued to decrease marginally, hitting a low of approximately 0.83 in July 2021 before slightly recovering to 0.84 in October 2021.
From the beginning of 2022, the ratio exhibited an upward trend, reflecting improved efficiency in utilizing assets to generate sales. It increased to 0.89 by January 2022 and further rose to 0.96 by April 2022, maintaining near this level through mid-2023, with the ratio fluctuating narrowly around 0.95 to 0.96. This suggests relatively consistent asset utilization during this period, indicative of stable operational efficiency.
However, in the latter part of the analyzed timeline—particularly from July 2024 onwards—the ratio experienced a noticeable decline, dropping to 0.85 by October 2024. It then showed some variation around 0.85 to 0.89 in early 2025. These movements could indicate periods of reduced efficiency in asset utilization or strategic shifts affecting sales generation relative to asset base.
Overall, the long-term trend reflects a period of stabilization with peak ratios approaching 0.96 in late 2022 and early 2023, followed by minor declines. The fluctuations align with typical operational cycles and macroeconomic influences, with the ratio generally remaining within a range of approximately 0.83 to 0.97 over the analyzed timeframe.