Brady Corporation (BRC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 247,841 | 243,451 | 242,073 | 234,763 | 225,696 | 215,868 | 204,087 | 197,619 | 191,980 | 174,610 | 170,878 | 167,902 | 165,269 | 163,259 | 137,892 | 141,183 | 140,690 | 153,163 | 171,988 | 166,321 |
| 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 |
| Pretax margin | 18.50% | 18.14% | 18.09% | 17.50% | 16.94% | 16.47% | 15.60% | 15.19% | 14.76% | 13.60% | 13.77% | 14.12% | 14.44% | 14.97% | 13.00% | 13.18% | 13.01% | 13.62% | 14.97% | 14.41% |
July 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $247,841K ÷ $1,339,837K
= 18.50%
The pretax margin of Brady Corporation has exhibited a generally upward trend over the period from October 2019 to July 2024, indicating an improvement in the company's ability to generate profits before accounting for taxes relative to its total revenue. The pretax margin increased from 13.62% in October 2019 to 18.50% in July 2024, showcasing consistent growth in profitability. This improvement suggests that Brady Corporation has enhanced its operational efficiency, cost management, or revenue generation strategies over the period analyzed. Overall, the trend in the pretax margin reflects favorably on the company's financial performance and management effectiveness.
Peer comparison
Jul 31, 2024