Flagship explainer

What drives BRADY CORP’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity17%Tax burden80%net income ÷ pretax incomeInterest burden100%pretax ÷ operating incomeOperating margin16%operating income ÷ revenueAsset turnover0.93×revenue ÷ average assetsEquity multiplier1.44×average assets ÷ average equityAs of 2025-07-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$189MFY2025
Income before tax$237MFY2025
Operating income$237MFY2025
$1.5BFY2025
Ending assets$1.7BFY2025
Beginning assets$1.5BFY2024
$1.2BFY2025
$1.1BFY2024
Source: · event Jul 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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BRC dupont explainer — Buy Like Buffett · Buy Like Buffett