Brady Corporation (BRC)
Operating profit margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 243,414 | 225,213 | 193,012 | 167,127 | 138,023 |
| Revenue | US$ in thousands | 1,341,390 | 1,332,090 | 1,300,790 | 1,144,700 | 1,081,300 |
| Operating profit margin | 18.15% | 16.91% | 14.84% | 14.60% | 12.76% |
July 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $243,414K ÷ $1,341,390K
= 18.15%
Brady Corporation has demonstrated a consistent improvement in its operating profit margin over the past five years. The operating profit margin increased from 12.76% in July 2020 to 18.15% in July 2024. This upward trend indicates that the company has been effectively managing its operating expenses relative to its revenue, resulting in a higher proportion of sales being converted into operating profit. The company's ability to maintain and grow its operating profit margin over this period reflects its operational efficiency and potentially effective cost control measures. This improvement in profitability metrics suggests that Brady Corporation has been successfully enhancing its overall financial performance.
Peer comparison
Jul 31, 2024