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Side-by-side financial comparison of BRADY CORP (BRC) and Multi Ways Holdings Ltd (MWG). Click either name above to swap in a different company.

BRADY CORP is the larger business by last-quarter revenue ($405.3M vs $31.1M, roughly 13.0× Multi Ways Holdings Ltd). BRADY CORP runs the higher net margin — 13.3% vs -9.2%, a 22.5% gap on every dollar of revenue. BRADY CORP produced more free cash flow last quarter ($22.4M vs $-13.5M).

Brady Corporation is an American developer and manufacturer of specialty products, technical equipment, and services for identifying components used in workplaces. Headquartered in Milwaukee, Wisconsin, Brady employs 6,600 people in North and South America, Europe, Asia, and Australia and serves customers and markets globally. Brady Corporation was founded as W.H. Brady Co. in Eau Claire, Wisconsin, in 1914, by William Henry Brady (1879–1953). In 1984, the company went public and began tradi...

Multi Ways Holdings Limited is a Hong Kong-headquartered integrated logistics service provider, offering freight forwarding, warehousing management, customs brokerage, and end-to-end supply chain solutions. It mainly serves clients in manufacturing, retail and e-commerce segments, with core markets spanning Greater China, Southeast Asia and North America.

BRC vs MWG — Head-to-Head

Bigger by revenue
BRC
BRC
13.0× larger
BRC
$405.3M
$31.1M
MWG
Higher net margin
BRC
BRC
22.5% more per $
BRC
13.3%
-9.2%
MWG
More free cash flow
BRC
BRC
$35.9M more FCF
BRC
$22.4M
$-13.5M
MWG

Income Statement — Q1 2026 vs Q4 2024

Metric
BRC
BRC
MWG
MWG
Revenue
$405.3M
$31.1M
Net Profit
$53.9M
$-2.9M
Gross Margin
51.5%
31.3%
Operating Margin
16.8%
-6.2%
Net Margin
13.3%
-9.2%
Revenue YoY
7.5%
Net Profit YoY
15.3%
EPS (diluted)
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BRC
BRC
MWG
MWG
Q4 25
$405.3M
Q3 25
$397.3M
Q2 25
$382.6M
Q1 25
$356.7M
Q4 24
$377.1M
$31.1M
Q3 24
$343.4M
Q2 24
$343.4M
Q1 24
$322.6M
Net Profit
BRC
BRC
MWG
MWG
Q4 25
$53.9M
Q3 25
$49.9M
Q2 25
$52.3M
Q1 25
$40.3M
Q4 24
$46.8M
$-2.9M
Q3 24
$55.5M
Q2 24
$50.9M
Q1 24
$43.6M
Gross Margin
BRC
BRC
MWG
MWG
Q4 25
51.5%
Q3 25
50.4%
Q2 25
51.0%
Q1 25
49.3%
Q4 24
50.3%
31.3%
Q3 24
51.6%
Q2 24
51.6%
Q1 24
50.2%
Operating Margin
BRC
BRC
MWG
MWG
Q4 25
16.8%
Q3 25
14.9%
Q2 25
17.6%
Q1 25
14.4%
Q4 24
15.6%
-6.2%
Q3 24
19.3%
Q2 24
18.5%
Q1 24
16.7%
Net Margin
BRC
BRC
MWG
MWG
Q4 25
13.3%
Q3 25
12.6%
Q2 25
13.7%
Q1 25
11.3%
Q4 24
12.4%
-9.2%
Q3 24
16.1%
Q2 24
14.8%
Q1 24
13.5%
EPS (diluted)
BRC
BRC
MWG
MWG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-0.09
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BRC
BRC
MWG
MWG
Cash + ST InvestmentsLiquidity on hand
$182.7M
$3.3M
Total DebtLower is stronger
$115.9M
Stockholders' EquityBook value
$1.2B
$20.1M
Total Assets
$1.8B
$69.6M
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRC
BRC
MWG
MWG
Q4 25
$182.7M
Q3 25
$174.3M
Q2 25
$152.2M
Q1 25
$138.5M
Q4 24
$145.7M
$3.3M
Q3 24
$250.1M
Q2 24
$160.5M
Q1 24
$143.9M
Total Debt
BRC
BRC
MWG
MWG
Q4 25
$115.9M
Q3 25
$99.8M
Q2 25
Q1 25
Q4 24
Q3 24
$90.9M
Q2 24
Q1 24
Stockholders' Equity
BRC
BRC
MWG
MWG
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
$20.1M
Q3 24
$1.1B
Q2 24
$1.0B
Q1 24
$1.0B
Total Assets
BRC
BRC
MWG
MWG
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$1.6B
$69.6M
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Debt / Equity
BRC
BRC
MWG
MWG
Q4 25
0.09×
Q3 25
0.08×
Q2 25
Q1 25
Q4 24
Q3 24
0.09×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BRC
BRC
MWG
MWG
Operating Cash FlowLast quarter
$33.4M
$-12.9M
Free Cash FlowOCF − Capex
$22.4M
$-13.5M
FCF MarginFCF / Revenue
5.5%
-43.5%
Capex IntensityCapex / Revenue
2.7%
1.9%
Cash ConversionOCF / Net Profit
0.62×
TTM Free Cash FlowTrailing 4 quarters
$159.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRC
BRC
MWG
MWG
Q4 25
$33.4M
Q3 25
$58.3M
Q2 25
$59.9M
Q1 25
$39.6M
Q4 24
$23.4M
$-12.9M
Q3 24
$84.0M
Q2 24
$72.7M
Q1 24
$36.1M
Free Cash Flow
BRC
BRC
MWG
MWG
Q4 25
$22.4M
Q3 25
$49.4M
Q2 25
$55.6M
Q1 25
$32.5M
Q4 24
$16.1M
$-13.5M
Q3 24
$73.2M
Q2 24
$64.4M
Q1 24
$-13.5M
FCF Margin
BRC
BRC
MWG
MWG
Q4 25
5.5%
Q3 25
12.4%
Q2 25
14.5%
Q1 25
9.1%
Q4 24
4.3%
-43.5%
Q3 24
21.3%
Q2 24
18.8%
Q1 24
-4.2%
Capex Intensity
BRC
BRC
MWG
MWG
Q4 25
2.7%
Q3 25
2.2%
Q2 25
1.1%
Q1 25
2.0%
Q4 24
1.9%
1.9%
Q3 24
3.1%
Q2 24
2.4%
Q1 24
15.4%
Cash Conversion
BRC
BRC
MWG
MWG
Q4 25
0.62×
Q3 25
1.17×
Q2 25
1.15×
Q1 25
0.98×
Q4 24
0.50×
Q3 24
1.51×
Q2 24
1.43×
Q1 24
0.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BRC
BRC

Americas Asia$215.1M53%
Europe Australia$119.9M30%
Other$70.2M17%

MWG
MWG

Segment breakdown not available.

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