Brady Corporation (BRC)

Pretax margin

		Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	247,841	225,696	191,980	165,269	140,690
Revenue	US$ in thousands	1,341,390	1,332,090	1,300,790	1,144,700	1,081,300
Pretax margin		18.48%	16.94%	14.76%	14.44%	13.01%

July 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $247,841K ÷ $1,341,390K
= 18.48%

Brady Corporation has shown a consistent improvement in its pretax margin over the past five years. The pretax margin has increased from 13.01% in July 2020 to 18.48% in July 2024. This indicates that the company has been effective in managing its operating expenses and generating higher pre-tax profits relative to its total revenue. The steady growth in pretax margin demonstrates improved operational efficiency and profitability over the years. It suggests that Brady Corporation has been successful in controlling costs and maximizing its profitability, which is a positive sign for investors and stakeholders.

Peer comparison

Jul 31, 2024

Company name

Symbol

Pretax margin

Brady Corporation

BRC

18.48%