BCONYSEArrangement of Transportation of Freight & CargoFiscal year ends December 31
BRINKS CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$103.16−1.59 (-1.52%)
Close on Oct 19, 2026
- Market cap
- $4.28B
- P/E (TTM)
- 23.8
- Dividend yield
- 0.98%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
25.8%+3.8 pts over 5 years
Operating margin
11.1%+5.3 pts over 5 years
Net margin
3.8%+3.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.0% | +5.1% | +7.3% | +5.6% | |
| Gross profit | +7.0% | +8.1% | +10.8% | +8.2% | |
| Operating income | +29.2% | +17.5% | +22.4% | +19.8% | |
| Net income | +22.6% | +5.4% | +65.7% | – | |
| EPS, diluted | +29.2% | +9.5% | +72.2% | – | |
| Free cash flow | +114.4% | +13.6% | +17.0% | +16.5% | |
| Dividend per share | +6.3% | +8.0% | +10.9% | +9.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.5% | 10.0% | 86.3% | |
| Return on assets | 1.8% | 0.4% | 2.9% | |
| Current ratio | 1.12 | 1.36 | 1.51 | |
| Debt to equity | 1.31 | 19.30 | 15.18 | |
| Net debt to EBITDA | 0.65× | 3.67× | 2.84× | |
| Interest coverage | 9.0× | 2.2× | 2.4× | |
| Capex to revenue | 3.7% | 3.2% | 3.9% | |
| Diluted shares | 51M | 51M | 43M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Brinks generated $2.73B from operations and spent $2.01B on capital expenditure, dividends and share buybacks. 49% of that went back into the business.
Generated
$2.73B
Used
$2.01B
Capital expenditure$978.80M49%Dividends$198.50M10%Share buybacks$835.10M41%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.8%
×Asset turnover0.75×
×Equity multiplier30.18×
=Return on equity, FY202586.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.8% | 0.75× | 30.18× | 86.3% |
| FY2024 | 3.3% | 0.76× | 22.71× | 56.0% |
| FY2023 | 1.8% | 0.75× | 15.36× | 20.8% |
| FY2022 | 3.8% | 0.76× | 20.93× | 59.8% |
| FY2021 | 2.5% | 0.78× | 42.50× | 83.6% |
| FY2020 | 0.4% | 0.83× | 27.76× | 10.0% |
| FY2019 | 0.8% | 1.05× | 20.26× | 16.8% |
| FY2018 | -1.0% | 1.11× | 13.36× | -14.1% |
| FY2017 | 0.5% | 1.32× | 7.72× | 5.1% |
| FY2016 | 1.1% | 1.53× | 6.02× | 10.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$199.70M
- Cash generatingOperating cash flow above zero$639.50M
- Return on assets improvedROA up on the prior year2.5% → 3.0%
- Earnings backed by cashOperating cash flow above net income$639.50M vs $199.70M
- Less leverageLong-term debt to assets fell54.4% → 51.9%
- Better liquidityCurrent ratio rose1.52 → 1.51
- No dilutionShare count did not rise45M → 43M
- Gross margin improvedGross margin up on the prior year25.32% → 25.81%
- More efficientAsset turnover rose0.76 → 0.79