BRC vs. FORM

Last updated Jun 23, 2026

BRC (Brady Corporation) and FORM (FormFactor, Inc.) are both stocks. BRC operates in Security & Protection Services (Industrials), while FORM operates in Semiconductors (Technology). Over the past 10 years, BRC returned 13.17%/yr vs 33.19%/yr for FORM. At a 0.39 correlation, their price movements are largely independent.

Performance

BRC vs. FORM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brady Corporation (BRC) and FormFactor, Inc. (FORM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRC achieves a 9.25% return, which is significantly lower than FORM's 180.85% return. Over the past 10 years, BRC has underperformed FORM with an annualized return of 13.17%, while FORM has yielded a comparatively higher 33.19% annualized return.

BRC

• 1D: -0.23%
• 1M: -2.75%
• YTD: 9.25%
• 6M: 5.33%
• 1Y: 29.28%
• 3Y*: 22.72%
• 5Y*: 10.37%
• 10Y*: 13.17%

FORM

• 1D: 4.75%
• 1M: 21.45%
• YTD: 180.85%
• 6M: 170.43%
• 1Y: 381.29%
• 3Y*: 73.63%
• 5Y*: 35.99%
• 10Y*: 33.19%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRC vs. FORM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRC Brady Corporation	9.25%	7.60%	27.69%	26.91%	-10.91%	3.75%	-6.00%	34.10%	17.14%	3.23%
FORM FormFactor, Inc.	180.85%	26.77%	5.49%	87.63%	-51.38%	6.28%	65.65%	84.32%	-9.97%	39.73%

Correlation

The correlation between BRC and FORM is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 12, 2003	0.39

Fundamentals

Market Cap BRC : $4.07B FORM : $12.44B
EPS BRC : $4.39 FORM : $0.87
PE Ratio BRC : 19.39 FORM : 179.79
PS Ratio BRC : 2.51 FORM : 14.63
PB Ratio BRC : 3.03 FORM : 11.75
Total Revenue (TTM) BRC : $1.62B FORM : $839.78M
Gross Profit (TTM) BRC : $828.93M FORM : $332.34M
EBITDA (TTM) BRC : $300.10M FORM : $97.87M

Return for Risk

BRC vs. FORM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRC

BRC Risk / Return Rank: 68
BRC Sharpe Ratio Rank: 69
BRC Sortino Ratio Rank: 66
BRC Omega Ratio Rank: 70
BRC Calmar Ratio Rank: 65
BRC Martin Ratio Rank: 70

FORM

FORM Risk / Return Rank: 98
FORM Sharpe Ratio Rank: 99
FORM Sortino Ratio Rank: 96
FORM Omega Ratio Rank: 96
FORM Calmar Ratio Rank: 99
FORM Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRC vs. FORM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brady Corporation (BRC) and FormFactor, Inc. (FORM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BRC	FORM	Difference
Sharpe ratio: Return per unit of total volatility	0.88	5.40	-4.52
Sortino ratio: Return per unit of downside risk	1.47	4.33	-2.86
Omega ratio: Gain probability vs. loss probability	1.22	1.59	-0.37
Calmar ratio: Return relative to maximum drawdown	1.13	14.90	-13.77
Martin ratio: Return relative to average drawdown	3.38	33.72	-30.34

BRC vs. FORM - Sharpe Ratio Comparison

The current BRC Sharpe Ratio is 0.88, which is lower than the FORM Sharpe Ratio of 5.40. The chart below compares the historical Sharpe Ratios of BRC and FORM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BRC vs. FORM - Drawdown Comparison

The maximum BRC drawdown since its inception was -65.62%, smaller than the maximum FORM drawdown of -92.36%. Use the drawdown chart below to compare losses from any high point for BRC and FORM.

Drawdown Indicators

	BRC	FORM	Difference
Max Drawdown Largest peak-to-trough decline	-65.62%	-92.36%	+26.74%
Max Drawdown (1Y) Largest decline over 1 year	-26.12%	-25.80%	-0.32%
Max Drawdown (3Y) Largest decline over 3 years	-26.12%	-62.75%	+36.63%
Max Drawdown (5Y) Largest decline over 5 years	-26.91%	-62.75%	+35.84%
Max Drawdown (10Y) Largest decline over 10 years	-36.21%	-64.42%	+28.21%
Current Drawdown Current decline from peak	-11.39%	0.00%	-11.39%
Average Drawdown Average peak-to-trough decline	-14.41%	-51.44%	+37.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.68%	11.38%	-2.70%

Volatility

BRC vs. FORM - Volatility Comparison

The current volatility for Brady Corporation (BRC) is 18.46%, while FormFactor, Inc. (FORM) has a volatility of 27.35%. This indicates that BRC experiences smaller price fluctuations and is considered to be less risky than FORM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRC	FORM	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.46%	27.35%	-8.89%
Volatility (6M) Calculated over the trailing 6-month period	29.50%	52.76%	-23.26%
Volatility (1Y) Calculated over the trailing 1-year period	33.54%	71.36%	-37.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.24%	56.47%	-30.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.10%	53.59%	-25.49%

Dividends

BRC vs. FORM - Dividend Comparison

BRC's dividend yield for the trailing twelve months is around 1.15%, while FORM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRC Brady Corporation	1.15%	1.23%	1.28%	1.58%	1.92%	1.64%	1.65%	1.49%	1.92%	2.17%	2.16%	3.49%
FORM FormFactor, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

BRC vs. FORM - Profitability Comparison

The chart below illustrates the profitability comparison between Brady Corporation and FormFactor, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BRC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brady Corporation reported a gross profit of 225.47M and revenue of 435.24M. Therefore, the gross margin over that period was 51.8%.

FORM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FormFactor, Inc. reported a gross profit of 86.79M and revenue of 226.14M. Therefore, the gross margin over that period was 38.4%.

BRC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brady Corporation reported an operating income of 73.21M and revenue of 435.24M, resulting in an operating margin of 16.8%.

FORM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FormFactor, Inc. reported an operating income of 16.65M and revenue of 226.14M, resulting in an operating margin of 7.4%.

BRC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brady Corporation reported a net income of 57.80M and revenue of 435.24M, resulting in a net margin of 13.3%.

FORM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FormFactor, Inc. reported a net income of 20.38M and revenue of 226.14M, resulting in a net margin of 9.0%.

Frequently Asked Questions

Can I hold both BRC and FORM in my portfolio?

BRC and FORM have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRC or FORM?

FORM has higher volatility (27.35%) compared to BRC (18.46%). In terms of maximum drawdown, BRC dropped -65.62% vs FORM's -92.36%.

Which has better risk-adjusted returns?

FORM currently has the higher Sharpe Ratio (5.40 vs 0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.