BRADY CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $1.1b $1.1b $1.2b $1.2b $1.1b $1.1b $1.3b $1.3b $1.3b $1.5b
Cost of Revenue $561.9m $555.0m $585.6m $582.0m $552.7m $583.3m $670.5m $674.6m $653.5m $752.8m
Cost of goods sold $561.9m $555.0m $585.6m $582.0m $552.7m $583.3m $670.5m $674.6m $653.5m $752.8m
Gross Profit $558.8m $558.3m $588.3m $578.7m $528.6m $561.4m $631.6m $657.3m $687.9m $760.8m
Research and development $35.8m $39.6m $45.3m $45.2m $40.7m $44.6m $58.5m $61.4m $67.7m $79.9m
Selling, general and administrative $405.1m $387.7m $390.3m $371.1m $336.1m $349.8m $380.0m $370.7m $376.7m $444.3m
Operating Expenses $440.9m $427.3m $435.6m $416.2m $390.5m $394.3m $438.5m $432.1m $444.5m $524.2m
Total operating expenses $440.9m $427.3m $435.6m $416.2m $390.5m $394.3m $438.5m $432.1m $444.5m $524.2m
Operating Income (Loss) $117.9m $131.0m $152.7m $162.4m $138.0m $167.1m $193.0m $225.2m $243.4m $236.6m
Additional Financial Items
Amortization of Intangible Assets $9.1m $7.1m $6.4m $5.8m $5.2m $7.1m $15.0m $11.7m $9.4m $18.9m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $61.3m $43.6m $48.9m $55.1m $69.4m $59.5m $93.0m $92.1m $111.6m $120.3m
Income (Loss) from Equity Method Investments ($246k) ($5.8m) $0 $0
Gross margin $558.8m $558.3m $588.3m $578.7m $528.6m $561.4m $631.6m $657.3m $687.9m $760.8m
Investment and other income ($709k) $1.1m $2.5m $5.0m $5.1m $4.3m $244k $4.0m $7.6m $5.2m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $247.8m $237.1m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $80.1m $95.6m $91.1m $131.3m $112.4m $129.7m $150.0m $174.9m $197.2m $189.3m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 $0
Income before income taxes $126.6m $152.0m $164.6m $192.0m $225.7m $247.8m $237.1m
Net Income (Loss) Attributable to Parent $80.1m $95.6m $91.1m $131.3m $112.4m $129.7m $150.0m $174.9m $197.2m $189.3m
Earnings per share:
Diluted (per share) $3.14 $3.67 $3.45 $4.91 $4.21 $4.93 $5.79 $7.00 $8.12 $7.86
Weighted Average Number of Shares Outstanding, Basic 50.5m 51.1m 51.7m 52.6m 52.8m 52.0m 51.3m 49.6m 48.1m 47.6m
Weighted Average Number of Shares Outstanding, Diluted 50.8m 52.0m 52.5m 53.3m 53.2m 52.4m 51.7m 49.9m 48.5m 48.1m
Research and Development Expense $35.8m $39.6m $45.3m $45.2m $40.7m $44.6m $58.5m $61.4m $67.7m $79.9m
Selling, General and Administrative Expense $405.1m $387.7m $390.3m $371.1m $336.1m $349.8m $380.0m $370.7m $376.7m $444.3m
Other Nonoperating Income (Expense) ($709k) $1.1m $2.5m $5.0m $5.1m $4.3m $244k $4.0m $7.6m $5.2m
Interest Expense $7.8m $5.5m $3.2m $2.8m $2.2m $437k $1.3m $3.5m $3.1m $4.7m
Current Income Tax Expense (Benefit) $26.3m $40.3m $30.3m $25.6m $29.3m $44.6m $43.6m $63.3m $60.0m $55.5m
Income tax expense $29.2m $31.0m $61.0m $33.4m $28.3m $35.6m $42.0m $50.8m $50.6m $47.8m
Income Tax Expense (Benefit) $29.2m $31.0m $61.0m $33.4m $28.3m $35.6m $42.0m $50.8m $50.6m $47.8m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.