Latest Ratios: P/E Ratio 23.5x · EV/EBITDA 15.6x · ROE 16.8%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.3B | $3.4B | $3.5B | $2.6B | $2.5B | $2.9B | $2.4B | $2.8B | $2.0B | $1.7B | $1.6B |
| Enterprise Value | $4.3B | $3.4B | $3.4B | $2.5B | $2.5B | $2.8B | $2.3B | $2.5B | $1.9B | $1.7B | $1.7B |
| P/E Ratio → | 23.45 | 18.00 | 17.68 | 14.70 | 16.50 | 22.14 | 21.79 | 21.03 | 22.11 | 18.04 | 20.34 |
| P/S Ratio | 2.86 | 2.24 | 2.59 | 1.93 | 1.90 | 2.50 | 2.26 | 2.38 | 1.71 | 1.55 | 1.46 |
| P/B Ratio | 3.71 | 2.85 | 3.26 | 2.60 | 2.71 | 2.98 | 2.84 | 3.24 | 2.67 | 2.46 | 2.70 |
| P/FCF | 28.20 | 22.09 | 19.82 | 13.54 | 32.82 | 16.06 | 21.52 | 21.32 | 16.57 | 13.39 | 13.39 |
| P/OCF | 23.91 | 18.73 | 13.61 | 12.30 | 20.87 | 13.93 | 17.36 | 17.01 | 14.05 | 11.98 | 11.74 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.23 | 2.50 | 1.88 | 1.91 | 2.45 | 2.11 | 2.18 | 1.60 | 1.53 | 1.52 |
| EV / EBITDA | 15.56 | 12.18 | 12.27 | 9.71 | 10.94 | 14.55 | 13.03 | 13.58 | 10.55 | 10.73 | 11.36 |
| EV / EBIT | 18.24 | 13.97 | 13.36 | 10.91 | 12.87 | 16.34 | 15.91 | 15.10 | 12.12 | 12.86 | 14.57 |
| EV / FCF | — | 21.99 | 19.14 | 13.17 | 33.02 | 15.70 | 20.02 | 19.55 | 15.51 | 13.18 | 14.01 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.3% | 50.3% | 51.3% | 49.4% | 48.5% | 49.0% | 48.8% | 49.9% | 50.1% | 50.1% | 49.9% |
| Operating Margin | 15.6% | 15.6% | 18.1% | 16.9% | 14.8% | 14.6% | 14.0% | 14.0% | 13.0% | 11.8% | 10.5% |
| Net Profit Margin | 12.5% | 12.5% | 14.7% | 13.1% | 11.5% | 11.3% | 10.4% | 11.3% | 7.8% | 8.6% | 7.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.8% | 16.8% | 19.2% | 18.4% | 16.0% | 14.2% | 13.1% | 16.4% | 12.5% | 14.7% | 13.4% |
| ROA | 11.6% | 11.6% | 13.6% | 12.7% | 10.9% | 10.3% | 9.8% | 11.9% | 8.6% | 9.1% | 7.6% |
| ROIC | 16.7% | 16.7% | 19.6% | 18.3% | 15.9% | 15.7% | 17.3% | 19.6% | 17.7% | 14.5% | 12.6% |
| ROCE | 17.8% | 17.8% | 20.4% | 20.1% | 17.3% | 16.1% | 16.2% | 18.2% | 17.7% | 15.1% | 13.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.13 | 0.13 | 0.12 | 0.08 | 0.14 | 0.09 | 0.05 | 0.06 | 0.07 | 0.15 | 0.36 |
| Debt / EBITDA | 0.57 | 0.57 | 0.47 | 0.31 | 0.57 | 0.44 | 0.27 | 0.27 | 0.30 | 0.68 | 1.44 |
| Net Debt / Equity | — | -0.01 | -0.11 | -0.07 | 0.02 | -0.07 | -0.20 | -0.27 | -0.17 | -0.04 | 0.13 |
| Net Debt / EBITDA | -0.06 | -0.06 | -0.44 | -0.28 | 0.07 | -0.33 | -0.98 | -1.23 | -0.72 | -0.17 | 0.50 |
| Debt / FCF | — | -0.10 | -0.69 | -0.37 | 0.20 | -0.35 | -1.50 | -1.77 | -1.06 | -0.20 | 0.62 |
| Interest Coverage | 50.95 | 50.95 | 80.28 | 64.77 | 151.45 | 392.36 | 66.07 | 59.18 | 48.98 | 24.01 | 14.98 |
Net cash position: cash ($174M) exceeds total debt ($159M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.88 | 1.88 | 2.27 | 2.03 | 1.95 | 1.81 | 2.74 | 2.37 | 2.47 | 2.18 | 2.44 |
| Quick Ratio | 1.27 | 1.27 | 1.69 | 1.35 | 1.21 | 1.28 | 2.01 | 1.87 | 1.88 | 1.61 | 1.85 |
| Cash Ratio | 0.53 | 0.53 | 0.94 | 0.59 | 0.45 | 0.57 | 1.17 | 1.15 | 0.95 | 0.72 | 0.85 |
| Asset Turnover | — | 0.87 | 0.89 | 0.96 | 0.95 | 0.83 | 0.95 | 1.00 | 1.11 | 1.06 | 1.07 |
| Inventory Turnover | 3.75 | 3.75 | 4.28 | 3.81 | 3.53 | 4.29 | 4.08 | 4.85 | 5.18 | 5.19 | 5.65 |
| Days Sales Outstanding | — | 55.93 | 50.47 | 50.54 | 51.36 | 54.39 | 49.34 | 49.72 | 50.15 | 49.06 | 47.99 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.0% | 1.3% | 1.3% | 1.8% | 1.9% | 1.6% | 1.9% | 1.6% | 2.1% | 2.4% | 2.5% |
| Payout Ratio | 24.1% | 24.1% | 22.8% | 26.0% | 30.6% | 35.3% | 40.7% | 34.1% | 47.1% | 43.8% | 50.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.3% | 5.6% | 5.7% | 6.8% | 6.1% | 4.5% | 4.6% | 4.8% | 4.5% | 5.5% | 4.9% |
| FCF Yield | 3.5% | 4.5% | 5.0% | 7.4% | 3.0% | 6.2% | 4.6% | 4.7% | 6.0% | 7.5% | 7.5% |
| Buyback Yield | 1.2% | 1.5% | 2.1% | 2.9% | 4.4% | 0.1% | 2.6% | 0.1% | 0.1% | 0.0% | 1.4% |
| Total Shareholder Yield | 2.2% | 2.8% | 3.4% | 4.7% | 6.3% | 1.7% | 4.5% | 1.7% | 2.2% | 2.4% | 3.9% |
| Shares Outstanding | — | $48M | $48M | $50M | $52M | $52M | $53M | $53M | $53M | $52M | $51M |
Industrial cycle demand sensitivity
According to current market data, Brady Corporation trades at a TTM P/E of 23.03, which appears to command a premium relative to its historical averages and peers, suggesting that investors are pricing in the durability of its specialized material science and high-margin consumable revenue streams.
The forward P/E of 17.11 implies that the market expects continued earnings expansion, likely driven by the successful integration of RFID and smart identification technologies. While the PEG ratio of 1.75 indicates a valuation that is not strictly cheap, the company's ability to maintain high margins in a cyclical sector justifies a premium over lower-quality industrial distributors.
As reported in financial statements, Brady Corporation's ROIC has hovered in the 3.4% to 5.2% range over the last ten quarters, a trend that suggests the company's significant cash reserves may be acting as a drag on overall capital efficiency and return metrics.
While the company maintains a strong competitive moat, the relatively modest ROIC figures indicate that the capital base is not being fully optimized for growth. Investors should monitor whether management can deploy its $174 million cash pile into higher-yielding organic R&D or strategic acquisitions to improve these returns.
Based on BRC's reported figures, the cash conversion cycle has fluctuated between 86 and 116 days over the past ten quarters, reflecting the inherent challenges of managing inventory levels for specialized industrial consumables across a global distribution network that is sensitive to demand shifts.
The DIO component, which peaked at 107 days in 2026Q2, suggests that inventory management is a primary driver of working capital efficiency. While the company maintains strong customer relationships, the variability in the CCC indicates that supply chain procurement strategies remain a critical lever for optimizing cash flow generation.
The P/E ratio is frequently misapplied to Brady Corporation because it obscures the high-margin, recurring nature of the company's consumable-driven business model, which behaves more like a specialized data or software provider than a traditional, cyclical industrial manufacturer of physical signage and hardware.
Analysts should instead focus on EV/EBITDA or P/FCF to better account for the company's fortress balance sheet and its ability to generate significant free cash flow. Relying solely on P/E ignores the value of the cash-rich balance sheet and the potential for a re-rating as the business shifts toward digital-integrated identification solutions.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying BRC stock.
Brady Corporation's current P/E ratio is 23.5x. The historical average is 19.9x. This places it at the 92th percentile of its historical range.
Brady Corporation's current EV/EBITDA is 15.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.0x.
Brady Corporation's return on equity (ROE) is 16.8%. The historical average is 11.1%.
Based on historical data, Brady Corporation is trading at a P/E of 23.5x. This is at the 92th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Brady Corporation's current dividend yield is 1.03% with a payout ratio of 24.1%.
Brady Corporation has 50.3% gross margin and 15.6% operating margin. Operating margin between 10-20% is typical for established companies.
Brady Corporation's Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.