Brady Corporation (BRC)
Net profit margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 197,215 | 174,857 | 149,979 | 129,659 | 112,369 |
| Revenue | US$ in thousands | 1,341,390 | 1,332,090 | 1,300,790 | 1,144,700 | 1,081,300 |
| Net profit margin | 14.70% | 13.13% | 11.53% | 11.33% | 10.39% |
July 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $197,215K ÷ $1,341,390K
= 14.70%
The net profit margin of Brady Corporation has shown a consistent upward trend over the past five years, increasing from 10.39% in July 2020 to 14.70% in July 2024. This indicates that the company has been able to effectively control its expenses relative to its revenue, resulting in higher profitability. The improvement in net profit margin signifies improved efficiency in cost management and/or revenue generation strategies. This positive trend suggests that Brady Corporation has been successful in converting a larger proportion of its sales into profits over the years, which is a positive indicator of its financial health and operational efficiency.
Peer comparison
Jul 31, 2024