Brady Corp balance sheet
At the end of fiscal 2026, Brady Corp had total assets of $1.85bn, total liabilities of $494m and shareholders' equity of $1.36bn. It held $187m in cash against $15.0m of debt: net cash of $172m.
Balance sheet
| Fiscal year | 2010Jul 2010 | 2011Jul 2011 | 2012Jul 2012 | 2013Jul 2013 | 2014Jul 2014 | 2015Jul 2015 | 2016Jul 2016 | 2017Jul 2017 | 2018Jul 2018 | 2019Jul 2019 | 2020Jul 2020 | 2021Jul 2021 | 2022Jul 2022 | 2023Jul 2023 | 2024Jul 2024 | 2025Jul 2025 | 2026Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 315 | 390 | 306 | 91 | 82 | 114 | 141 | 134 | 181 | 279 | 218 | 147 | 114 | 152 | 250 | 174 | 187 |
| Receivables | 222 | 228 | 199 | 169 | 178 | 157 | 147 | 150 | 161 | 158 | 146 | 171 | 183 | 184 | 185 | 232 | 261 |
| Inventory | 95 | 104 | 106 | 95 | 113 | 105 | 99 | 107 | 113 | 120 | 136 | 136 | 190 | 177 | 153 | 201 | 225 |
| Total current assets | 669 | 758 | 651 | 512 | 464 | 396 | 407 | 408 | 471 | 573 | 509 | 465 | 498 | 525 | 600 | 622 | 689 |
| Goodwill | 769 | 800 | 677 | 617 | 515 | 433 | 430 | 438 | 420 | 411 | 416 | 614 | 587 | 593 | 590 | 677 | 686 |
| Total assets | 1,747 | 1,862 | 1,608 | 1,439 | 1,254 | 1,063 | 1,044 | 1,050 | 1,057 | 1,157 | 1,142 | 1,378 | 1,367 | 1,389 | 1,516 | 1,734 | 1,852 |
| Accounts payable | 97 | 99 | 87 | 83 | 88 | 73 | 62 | 67 | 67 | 65 | 63 | 82 | 81 | 80 | 85 | 105 | 109 |
| Total current liabilities | 294 | 302 | 267 | 323 | 292 | 209 | 167 | 187 | 191 | 242 | 186 | 258 | 255 | 258 | 265 | 330 | 356 |
| Short-term debt | 61 | 61 | 61 | 61 | 43 | 43 | 0 | — | 0 | 50 | 0 | — | — | — | — | — | — |
| Long-term debt | 383 | 332 | 255 | 201 | 159 | 201 | 212 | 105 | 53 | 0 | — | — | — | — | 91 | 100 | 15 |
| Total debt | 444 | 393 | 316 | 313 | 263 | 254 | 217 | 108 | 53 | 50 | 0 | 38 | 95 | 50 | 91 | 100 | 15 |
| Total liabilities | 742 | 705 | 598 | 608 | 521 | 475 | 440 | 350 | 305 | 307 | 279 | 415 | 456 | 398 | 449 | 542 | 494 |
| Shareholders' equity | 1,005 | 1,156 | 1,009 | 831 | 733 | 588 | 604 | 700 | 700 | 700 | 752 | 963 | 911 | 991 | 1,067 | 1,192 | 1,358 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | — | — | — | — | — | — | 52 | 151 | 111 | — | — | — | — | — | — |
| Net debt (negative = net cash) | 129 | 3 | 10 | 222 | 181 | 139 | 76 | −26 | −129 | −229 | −218 | −109 | −19 | −102 | −159 | −75 | −172 |
| Quarter | 2025 Q1Oct 2024 | 2025 Q2Jan 2025 | 2025 Q3Apr 2025 | 2025 Q4Jul 2025 | 2026 Q1Oct 2025 | 2026 Q2Jan 2026 | 2026 Q3Apr 2026 | 2026 Q4Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 218 | 202 | 224 | 232 | 249 | 243 | 266 | 261 |
| Inventory | 179 | 182 | 190 | 201 | 216 | 226 | 220 | 225 |
| Total current assets | 556 | 536 | 582 | 622 | 662 | 662 | 679 | 689 |
| Goodwill | 672 | 661 | 683 | 677 | 682 | 697 | 689 | 686 |
| Total assets | 1,628 | 1,589 | 1,698 | 1,734 | 1,795 | 1,825 | 1,832 | 1,852 |
| Accounts payable | 98 | 91 | 100 | 105 | 104 | 100 | 108 | 109 |
| Total current liabilities | 301 | 282 | 312 | 330 | 321 | 311 | 338 | 356 |
| Long-term debt | — | — | — | 100 | 116 | 79 | 27 | 15 |
| Total debt | — | — | — | 100 | 116 | 79 | 27 | 15 |
| Total liabilities | 519 | 468 | 531 | 542 | 550 | 512 | 488 | 494 |
| Shareholders' equity | 1,109 | 1,120 | 1,168 | 1,192 | 1,245 | 1,313 | 1,344 | 1,358 |
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