BCOThe Brink's Company
Is the business good?
The checks split: margins widening, but returns that lean on debt.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
Leverage-amplified, a high assets-to-equity ratio does much of the work. ROE 66% = margin × turnover × leverage.
All from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is BCO?
The Brink's Company earns 16% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 6.7 points above what the capital costs: growth creates value
- Operating margin
- 11%
Operating margin · Security & Protection Services median 13% · 12 months to Q2 2026
- Share count, year on year
- −2.1%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 26%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 5.8% |
| FY2021 | 8.4% |
| FY2022 | 8.0% |
| FY2023 | 8.7% |
| FY2024 | 9.0% |
| FY2025 | 11% |
Details›
- Gross margin12 months to Q2 2026
- 26%
- Operating margin12 months to Q2 2026
- 11%
- Net margin12 months to Q2 2026
- 3.3%
- Revenue, trailing twelve months
- $5.48B
- Net income, trailing twelve months
- $181M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 16%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Security & Protection Services
Ranks #2 of 10 by RyuScore