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Brady (BRC) EBIT

: $245 Mil (TTM As of Jan. 2024)
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Brady's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $245 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Brady's annualized ROC % for the quarter that ended in Jan. 2024 was 14.93%. Brady's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 70.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Brady's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 8.86%.


Brady EBIT Historical Data

The historical data trend for Brady's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brady Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 167.47 143.10 171.46 193.26 229.24

Brady Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.75 63.79 64.47 60.17 56.61

Competitive Comparison

For the Security & Protection Services subindustry, Brady's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brady EV-to-EBIT Distribution

For the Business Services industry and Industrials sector, Brady's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Brady's EV-to-EBIT falls into.



Brady EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $245 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brady  (NYSE:BRC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Brady's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=215.704 * ( 1 - 21.84% )/( (1096.33 + 1162.057)/ 2 )
=168.5942464/1129.1935
=14.93 %

where

Invested Capital(Q: Oct. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1383.413 - 111.731 - ( 175.352 - max(0, 251.694 - 535.065+175.352))
=1096.33

Invested Capital(Q: Jan. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1407.604 - 101.687 - ( 143.86 - max(0, 237.302 - 506.52+143.86))
=1162.057

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Brady's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=226.44/( ( (170.652 + max(121.244, 0)) + (215.463 + max(138.116, 0)) )/ 2 )
=226.44/( ( 291.896 + 353.579 )/ 2 )
=226.44/322.7375
=70.16 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(179.97 + 166.916 + 12.827) - (111.731 + 0 + 126.738)
=121.244

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(185.569 + 164.944 + 12.147) - (101.687 + 0 + 122.857)
=138.116

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Brady's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=245.035/2764.629
=8.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brady EBIT Related Terms

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Brady (BRC) Business Description

Traded in Other Exchanges
Address
6555 West Good Hope Road, Milwaukee, WI, USA, 53223
Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.
Executives
Bentley Curran officer: VP Chief Information Officer 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Brett Wilms officer: President - EMEA & Australia 6555 W GOOD HOPE ROAD, MILWAUKEE WI 53223
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Olivier Bojarski officer: President, Identification Soln C/O BELDEN INC., 1 N. BRENTWOOD BOULEVARD, 15TH FLOOR, SAINT LOUIS MO 63105
Frank W Harris director 244 SUMMER ST POLYMER BLDG 603, AKRON OH 53202
Elizabeth P Pungello director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Russell Shaller director 6555 WEST GOOD HOPE RD, MILWAUKEE WI 53223
Smee Joanne Collins director XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851
Vineet A Nargolwala director 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Andrew Gorman officer: General Counsel&Corp Secretary 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Pascal Deman officer: VP & GM Workplace Safety 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Thomas J Felmer officer: SR VP CFO 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Louis T Bolognini officer: SR VP - GENERAL COUNSEL P O BOX 9, SUGAR LAND TX 77487
J Michael Nauman director, officer: President & CEO C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Bradley C Richardson director