Brady Corporation
BRC Industrials Security & Protection Services
Brady Corporation’s revenue for fiscal 2026 (year ended July 2026) was $1.7 billion, up 9.78% from fiscal 2025. In the quarter to July 2026, revenue grew 9.98%, EPS fell 7.62%, free cash flow grew 22.9% and total debt fell 85.0%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years, revenue growth for five; insiders bought in the last twelve months.
Follow BRC
Brady Corporation (BRC) Altman Z-score
Brady Corporation's Altman Z-score for fiscal 2026 is 8.11, in the safe zone (above 2.99).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 8.11 | 1.80 |
| FY2025 | 6.31 | (1.06) |
| FY2024 | 7.37 | 0.76 |
| FY2023 | 6.61 | 0.83 |
| FY2022 | 5.78 | (0.55) |
| FY2021 | 6.33 | (1.43) |
| FY2020 | 7.76 | (0.15) |
| FY2019 | 7.91 | 1.38 |
| FY2018 | 6.53 | 1.22 |
| FY2017 | 5.30 | 0.76 |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.18 | — | 0.22 | |
| Retained earnings / total assets | 0.80 | — | 1.12 | |
| EBIT / total assets | 0.14 | — | 0.47 | |
| Market value of equity / total liabilities | 9.02 | — | 5.41 | |
| Sales / total assets | 0.90 | — | 0.90 | |
| Altman Z-score | Safe zone | 8.11 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 7.62 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| NSSC NAPCO Security Technologies, Inc. compare | 20.7× |
| BRC Brady Corporation | 8.1× |
| MSA MSA Safety Incorporporated compare | 5.5× |
| ALLE Allegion PLC compare | 4.7× |
| EVLV Evolv Technologies Holdings, Inc. compare | 2.2× |
| GEO Geo Group Inc (The) compare | 1.7× |
| BCO Brink's Company (The) compare | 1.6× |
| CXW CoreCivic, Inc. compare | 1.6× |
| ADT ADT Inc. compare | 0.7× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets