Brady Corporation (BRC)
Operating profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 236,638 | 243,561 | 239,741 | 242,433 | 243,241 | 239,071 | 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 |
| 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 |
| Operating profit margin | 15.63% | 16.69% | 16.88% | 17.49% | 18.13% | 17.79% | 17.84% | 17.41% | 16.91% | 16.50% | 15.71% | 15.35% | 14.82% | 14.09% | 14.08% | 14.24% | 14.60% | 14.63% | 12.77% | 13.00% |
July 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $236,638K ÷ $1,513,605K
= 15.63%
The operating profit margin of Brady Corporation demonstrates a general upward trend over the analyzed period from October 31, 2020, to July 31, 2025. Starting at 13.00% in late 2020, the margin experienced a gradual increase, reaching 17.41% by October 31, 2023. This indicates an improvement in operational efficiency and potentially better cost management or pricing strategies over this period. The steady growth continued into early 2024, with the margin peaking at approximately 18.13% in July 2024 before slightly declining to 17.49% by October 31, 2024. The subsequent quarters show a decrease in the operating profit margin, settling at around 16.88% as of January 31, 2025, with a further decline to approximately 15.63% by July 31, 2025.
Overall, the trend reflects a period of operational margin expansion spanning nearly three years, followed by a modest contraction in the latter part of the forecast period. This pattern may be attributable to various factors such as fluctuating input costs, pricing pressures, or changes in operational efficiency. The data suggests that Brady Corporation's profitability from operations improved substantially from 2020 through mid-2024, but experienced some margin compression subsequently.