Brady Corporation (BRC)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 112,369 | 121,297 | 142,445 | 138,119 |
| Total stockholders’ equity | US$ in thousands | 1,066,660 | 1,022,100 | 1,038,730 | 994,992 | 990,919 | 995,096 | 967,404 | 911,725 | 911,298 | 914,238 | 966,568 | 963,893 | 963,028 | 951,626 | 919,335 | 880,401 | 752,112 | 820,602 | 899,924 | 876,535 |
| ROE | 18.49% | 18.70% | 18.13% | 18.36% | 17.65% | 16.74% | 16.39% | 16.93% | 16.46% | 14.98% | 13.88% | 13.61% | 13.46% | 13.59% | 11.49% | 12.31% | 14.94% | 14.78% | 15.83% | 15.76% |
July 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $197,215K ÷ $1,066,660K
= 18.49%
Brady Corporation's Return on Equity (ROE) has shown a generally positive trend over the past few years, indicating the company's ability to generate profits from shareholders' equity. The ROE values have been consistently above 13%, with some fluctuations, and have ranged from 11.49% to 18.70% in the analyzed period.
The company's ROE improved steadily from 11.49% in January 2021 to 18.70% in April 2024, indicating a strong performance in utilizing shareholders' equity to generate earnings. This upward trend suggests effective management of the company's assets and operations to maximize profitability.
While there have been slight fluctuations in ROE values, the overall performance indicates that Brady Corporation has been successful in creating value for its shareholders over the years. The consistently positive ROE values also reflect the company's efficient use of equity capital to generate returns for investors.
Overall, the trend in Brady Corporation's ROE demonstrates the company's operational efficiency and profitability, showcasing a positive outlook for shareholders and potential investors.
Peer comparison
Jul 31, 2024