Brady Corporation · NYSE:BRC
Brady — Q4 F2025 Earnings Presentation
18 slides from Brady's earnings presentation, Sep 4, 2025
Slide 1: Brady Corporation F'25 Q4 Financial Results
Brady Corporation F’25 Q4 Financial Results September 4, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements 2 In this news release, statements that are not reported financial results or other historic information are “forward-looking statements.” These forward-looking statements relate to, among other things, the Company's future financial position, business strategy, targets, p
Slide 3: Q4 F'25 Highlights and Full-Year F'25 Highlights
Q4 F’25 Highlights 3 Organic sales growth of 2.4%. Sales Growth Total sales growth of 15.7% including acquisitions and Fx. Regional Sales Results Americas & Asia organic sales growth of 4.3%. Europe & Australia organic sales decline of 1.3%. GAAP EPS of $1.04 in Q4 F’25 vs. $1.15 in Q4 F’24. Record
Slide 4: Sales Overview
Sales Overview 4 SALES (millions of USD) $425 $397 $400 $383 $377 $375 $357 $346 $343 $343 $350 $339 $337 $332 $321 $324 $323 $326 $323 $325 $318 $300 $275 $250 $225 Q1 F'22 Q2 F'22 Q3 F'22 Q4 F'22 Q1 F'23 Q2 F'23 Q3 F'23 Q4 F'23 Q1 F'24 Q2 F'24 Q3 F'24 Q4 F'24 Q1 F'25 Q2 F'25 Q3 F'25 Q4 F'25 Organi
Slide 5: Gross Profit Margin
Gross Profit Margin 5 GROSS PROFIT & GPM% (millions of USD) $250 51.7% 51.6% 51.6% 52% 50.8% 51.0% 50.4% 50.3% 50.2% 50.3% 50.4% $225 49.3% 50% 48.4% 48.2% 48.1% 48.0% $200 $200 $195 48% 47.0% $190 $176 $177 $177 $176 $175 $170 $172 46% $164 $163 $162 $155 $155 $156 $149 $150 44% $125 42% $100 40% Q
Slide 6: SG&A Expense
SG&A Expense 6 SG&A EXPENSE AND SG&A EXPENSE AS A % OF SALES (millions of USD) $150 32% 30.1% $135 29.7% 29.7% 29.7% 30% 29.1% 29.2% 29.0% 28.4% 28.4% 28.3% 28.2% 28.3% 27.9% 27.9% $120 $118 28% 27.2% 27.0% $112 $109 $106 $105 26% $97 $96 $97 $96 $96 $95 $93 $93 $92 $91 $91 $90 $90 24% $75 22% Q1 F'
Slide 7: R&D Expense
R&D Expense 7 R&D EXPENSE AND R&D EXPENSE AS A % OF SALES (millions of USD) $26.0 5.8% 6.0% 5.2% 5.1% 5.2% $23.1 5.1% 5.0% 5.0% $22.0 4.9% 5.0% 4.7% 4.7% 4.7% 4.7% 4.4% 4.4% 4.3% 4.3% $19.2 $18.9 $18.7 $17.7 $17.5 $18.0 4.0% $16.8 $16.3 $15.8 $15.7 $15.7 $15.4 $14.9 $13.9 $14.0 $13.9 $14.0 3.0% $10.
Slide 8: Income Before Income Taxes
Income Before Income Taxes 8 INCOME BEFORE INCOME TAXES (GAAP) (millions of USD) $70 $64.4 $68.2 $65.7 $63.0 $63.8 $59.4 $60.5 $58.8 $60 $55.8 $54.0 $52.0 $51.3 $50.3 $48.5 $50 $44.7 $42.0 $40 $30 $20 $10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 F'22 F'22 F'22 F'22 F'23 F'23 F'23 F'23 F'24 F'
Slide 9: Net Income & Diluted EPS
Net Income & Diluted EPS 9 NET INCOME (GAAP) (millions of USD) DILUTED EPS (GAAP) $60 $1.20 $1.15 $55.5 $1.09 $1.05 $1.04 $52.3 $50.9 $1.00 $49.9 $50 $48.1 $49.4 $1.00 $0.96 $0.97 $0.97 $47.2 $46.8 $0.90 $43.6 $0.81 $0.79 $0.83 $40.1 $41.1 $39.4 $40.3 $0.78 $40 $38.0 $0.80 $0.76 $35.0 $0.67 $0.65 $3
Slide 10: Cash Generation
Cash Generation 10 CASH FLOW FROM OPERATING ACTIVITIES (millions of USD) $95 $84.0 $79.3 $72.5 $72.7 $70 $62.3 $59.9 $58.3 CASH FLOWS IN Q4 OF F’25: $53.2 Overview: $45 $40.9 $39.6 $36.1 $27.5 $28.0 $29.4 Cash flow from operating activities was $58.3M in $23.4 Q4 of F’25 vs. $84.0M in Q4 of F’24. $2
Slide 11: Net Cash
Net Cash 11 NET CASH (millions of USD) $350 $300 $250 $200 $159 $150 $123 $102 $96 $97 $100 $91 $84 $75 $64 $51 $49 $50 $26 $31 $29 $19 $15 $0 Q1 F'22 Q2 F'22 Q3 F'22 Q4 F'22 Q1 F'23 Q2 F'23 Q3 F'23 Q4 F'23 Q1 F'24 Q2 F'24 Q3 F'24 Q4 F'24 Q1 F'25 Q2 F'25 Q3 F'25 Q4 F'25 STRONG BALANCE SHEET: July 31
Slide 12: F'26 Diluted EPS Guidance
12 F’26 Diluted EPS Guidance GAAP Diluted EPS $4.55 to $4.85 (+15.5% to +23.1% vs. F’25) F’26 Adjusted Diluted EPS* $4.85 to $5.15 (+5.4% to $12.0% vs. F’25) Guidance Assumptions: Organic sales growth in the low-single digit percentages. Full-year income tax rate of approximately 21%. Foreign curren
Slide 13: Americas & Asia
Americas & Asia 13 Q4 F’25 vs. Q4 F’24 (millions of USD) Q4 F’25 SUMMARY: • Revenues increased 14.1% in Q4 of F’25: Q4 F’25 Q4 F’24 Change • Organic growth = + 4.3%. Sales $ 260.8 $ 228.5 14.1% • Acquisition = + 9.8%. Segment Profit 51.6 53.4 - 3.3% • Organic sales grew 3.3% in the Americas with gro
Slide 14: Europe & Australia
Europe & Australia 14 Q4 F’25 vs. Q4 F’24 (millions of USD) Q4 F’25 SUMMARY: • Revenues increased 18.8% in Q4 of F’25: Q4 F’25 Q4 F’24 Change • Organic decline = (1.3%). Sales $ 136.5 $ 114.9 + 18.8% • Fx increase = + 5.7%. • Acquisition = + 14.4% Segment Profit 15.1 19.3 - 21.8% • Organic sales dec
Slide 15: Investor Relations
Investor Relations 15 Brady Contact: Ann Thornton Investor Relations 414-438-6887 Ann_Thornton@bradycorp.com See our website at www.bradycorp.com/investors
Slide 16: Appendix: GAAP to Non-GAAP Reconciliations
Appendix GAAP to Non-GAAP Reconciliations
Slide 17: Non-GAAP Reconciliations
Non-GAAP Reconciliations 17 GAAP to NON-GAAP MEASURES (Unaudited; Dollars in Thousands, Except Per Share Amounts) In accordance with the U.S. Securities and Exchange Commission’s Regulation G, the following provides definitions of the non-GAAP measures used in the earnings release and the reconcilia
Slide 18: Non-GAAP Reconciliations
Non-GAAP Reconciliations 18 GAAP to NON-GAAP MEASURES (Unaudited; Dollars in Thousands, Except Per Share Amounts) In accordance with the U.S. Securities and Exchange Commission’s Regulation G, the following provides definitions of the non-GAAP measures used in the earnings release and the reconcilia