Brady Corporation (BRC)

Operating profit margin

		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	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019
Operating income (ttm)	US$ in thousands	243,414	239,244	238,702	233,557	225,213	216,084	205,972	200,063	193,012	180,898	174,734	169,274	167,127	159,544	135,488	139,320	138,023	150,959	167,911	162,697
Revenue (ttm)	US$ in thousands	1,339,837	1,341,711	1,338,460	1,341,636	1,332,094	1,310,286	1,308,375	1,301,168	1,300,786	1,283,448	1,240,729	1,188,764	1,144,698	1,090,312	1,060,752	1,071,579	1,081,299	1,124,833	1,148,635	1,154,396
Operating profit margin		18.17%	17.83%	17.83%	17.41%	16.91%	16.49%	15.74%	15.38%	14.84%	14.09%	14.08%	14.24%	14.60%	14.63%	12.77%	13.00%	12.76%	13.42%	14.62%	14.09%

July 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $243,414K ÷ $1,339,837K
= 18.17%

Brady Corporation's operating profit margin has shown a consistent trend of improvement over the past few quarters. The operating profit margin increased from 14.09% in Oct 2019 to 18.17% in Jul 2024, indicating enhanced efficiency in generating profits from its core operations. This upward trajectory highlights the company's ability to effectively control costs and manage its operational expenses. Overall, the improving operating profit margin reflects positively on Brady Corporation's profitability and operational performance.

Peer comparison

Jul 31, 2024

Company name

Symbol

Operating profit margin

Brady Corporation

BRC

18.17%