Brady Corporation (BRC)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 189,256 | 194,836 | 193,463 | 196,757 | 197,215 | 191,137 | 188,299 | 182,657 | 174,857 | 166,543 | 158,545 | 154,374 | 149,979 | 136,942 | 134,179 | 131,224 | 129,659 | 129,317 | 105,659 | 108,352 |
| Total assets | US$ in thousands | 1,734,250 | 1,698,120 | 1,588,700 | 1,627,880 | 1,515,570 | 1,424,100 | 1,407,600 | 1,383,410 | 1,389,260 | 1,376,770 | 1,372,270 | 1,350,630 | 1,367,330 | 1,344,240 | 1,387,060 | 1,410,480 | 1,377,760 | 1,260,180 | 1,207,880 | 1,175,710 |
| ROA | 10.91% | 11.47% | 12.18% | 12.09% | 13.01% | 13.42% | 13.38% | 13.20% | 12.59% | 12.10% | 11.55% | 11.43% | 10.97% | 10.19% | 9.67% | 9.30% | 9.41% | 10.26% | 8.75% | 9.22% |
July 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $189,256K ÷ $1,734,250K
= 10.91%
The analysis of Brady Corporation's return on assets (ROA) over the specified period reveals a generally positive and upward-trending performance trend from October 2020 through October 2024. During this timeframe, the ROA exhibits incremental improvements, beginning at 9.22% in October 2020 and reaching a peak of 13.42% in April 2024. This indicates that the company's efficiency in generating net income from its asset base has strengthened consistently over these years, reflecting effective asset utilization and operational improvements.
From October 2024 onward, the ROA experiences a notable decline, decreasing to 12.09% as of October 2024, and continuing to decrease through subsequent periods to 10.91% in July 2025. Despite this downturn, the associated values remain higher than the initial levels observed in 2020, signifying that while profitability relative to assets has diminished somewhat in the most recent periods, it continues to indicate a relatively healthy and productive asset base compared to earlier years.
Overall, the trend demonstrates a period of sustained improvement in asset efficiency and profitability for Brady Corporation prior to mid-2024, followed by a moderation or slight weakening in the later periods. This pattern warrants further investigation into underlying factors such as changes in operational efficiency, asset management strategies, or market conditions that may have contributed to the observed fluctuations in ROA.