BRC vs YETI
Brady Corp. and Yeti Holdings, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BRC | YETI |
|---|---|---|
| Revenue | $1.5B | $1.9B |
| Net income | $189.3M | $165.4M |
| Gross margin | 50.3% | 57.4% |
| Net margin | 12.5% | 8.9% |
| Return on equity | 16.8% | 23.8% |
| Diluted EPS | · | $2.03 |
| Dividend / share | · | · |
| Payout ratio | 24.1% | · |
| Free cash flow | $153.6M | $212.1M |
| Equity | $1.2B | $650.3M |
| Net debt / equity | −0.06× | −0.18× |
| Current ratio | 1.88× | 1.98× |
| Revenue CAGR 5y | 7.0% | 11.3% |
| Profit CAGR 5y | 11.0% | 1.2% |
YETI bills 1.2× the revenue of BRC, and BRC keeps more of each dollar of revenue as profit (12.5% against 8.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BRC | YETI |
|---|---|---|
| FY2025 | $1.5B | $1.9B |
| FY2024 | $1.3B | $1.8B |
| FY2023 | $1.3B | $1.7B |
| FY2022 | $1.3B | $1.6B |
| FY2021 | $1.1B | $1.4B |
| FY2020 | $1.1B | $1.1B |
| FY2019 | $1.2B | $913.7M |
| FY2018 | $1.2B | $778.8M |
| FY2017 | $1.1B | $639.2M |
| FY2016 | $1.1B | $818.9M |
Bottom line
| Fiscal year | BRC | YETI |
|---|---|---|
| FY2025 | $189.3M | $165.4M |
| FY2024 | $197.2M | $175.7M |
| FY2023 | $174.9M | $169.9M |
| FY2022 | $150.0M | $89.7M |
| FY2021 | $129.7M | $212.6M |
| FY2020 | $112.4M | $155.8M |
| FY2019 | $131.3M | $50.4M |
| FY2018 | $91.1M | $57.8M |
| FY2017 | $95.6M | $15.4M |
| FY2016 | $80.1M | $48.0M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$354,889,000 | YETI |
| FY2024 | −$488,480,000 | YETI |
| FY2023 | −$326,850,000 | YETI |
| FY2022 | −$293,160,000 | YETI |
| FY2021 | −$266,291,000 | YETI |
| FY2020 | −$10,422,000 | YETI |
| FY2019 | +$246,911,000 | BRC |
| FY2018 | +$395,018,000 | BRC |
| FY2017 | +$474,077,000 | BRC |
| FY2016 | +$301,711,000 | BRC |
The higher-revenue side has changed between BRC and YETI over this period. The gap has widened since the earliest year compared.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.7 pp | BRC |
| FY2024 | +5.1 pp | BRC |
| FY2023 | +2.9 pp | BRC |
| FY2022 | +5.9 pp | BRC |
| FY2021 | −3.7 pp | YETI |
| FY2020 | −3.9 pp | YETI |
| FY2019 | +5.8 pp | BRC |
| FY2018 | +0.3 pp | BRC |
| FY2017 | +6.2 pp | BRC |
| FY2016 | +1.2 pp | BRC |
The higher net margin has changed hands between BRC and YETI over this period.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
YETI's net margin has been more volatile than BRC's over the 10 comparable fiscal years — 3.8 percentage points of standard deviation against 2.3.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BRC and YETI over these 10 fiscal years — BRC led in 8 and YETI in 2.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
YETI's return on equity has been more volatile than BRC's over the 7 comparable fiscal years — 21.9 percentage points of standard deviation against 1.5.
7 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
YETI led in return on equity in every one of the 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 16 comparable fiscal years — a year missing data on either side is not counted.