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The Brink's Company provides cash and valuables management, digital retail solutions (DRS), and automated teller machines (ATM) managed services in North America, Latin America, Europe, and internationally. The company offers cash-in-transit services, such as armored vehicle transportation of cash and coin; cash replenishment and treasury management of automated teller machines; international transportation, pick-up, packaging, customs clearance, secure vault storage, and inventory management of high-value commodities and goods; and counting, sorting, wrapping, check imaging, cashier balancing, counterfeit detection, account consolidation, and electronic reporting cash management services. It also provides vaulting services, including CIT services, cash management, vaulting, and electronic reporting technologies for banks; guarding, commercial security, and payment services; devices, software, analytics, and services for cash management needs, as well as services under the Complete and CompuSafe brands; and ATM management comprising cash forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, first and second line maintenance, parts provisioning, funds settlements, and installation services. The company was formerly known as The Pittston Company and changed its name to The Brink's Company in May 2003. The Brink's Company was founded in 1859 and is headquartered in Richmond, Virginia
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5.3B | $890M | $200M | $436M | 49.0% | 5.0% | 22.6% |
| 2024 | $5.0B | $795M | $163M | $204M | 52.1% | 2.8% | 85.7% |
| 2023 | $4.9B | $715M | $88M | $500M | 16.9% | 7.5% | -48.6% |
| 2022 | $4.5B | $611M | $171M | $297M | 29.9% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 4,535.50 | 4,874.60 | 5,011.90 | 5,261.20 |
| Cost Of Revenue | 3,461.90 | 3,707.10 | 3,743.10 | 3,903.20 |
| Gross Profit | 1,073.60 | 1,167.50 | 1,268.80 | 1,358 |
| Operating Expense | 677.70 | 685.10 | 826.50 | 769.50 |
| Operating Income | 395.90 | 482.40 | 442.30 | 588.50 |
| EBITDA | 610.80 | 715.40 | 795 | 890.20 |
| EBIT | 365 | 439.60 | 501.70 | 599.40 |
| Pretax Income | 226.20 | 235.80 | 266.30 | 353.90 |
| Tax Provision | 41.40 | 139.20 | 92.70 | 143.30 |
| Net Income | 170.60 | 87.70 | 162.90 | 199.70 |
| Net Income Common Stockholders | 170.60 | 87.70 | 162.90 | 199.70 |
| Total Expenses | 4,139.60 | 4,392.20 | 4,569.60 | 4,672.70 |
| Interest Expense | 138.80 | 203.80 | 235.40 | 245.50 |
| Interest Income | 23.60 | 36.30 | 48.90 | 27.30 |
| Selling General And Administration | 687 | 688.10 | 834.50 | 778 |
| Normalized EBITDA | 649.20 | 798.70 | 787.50 | 906.50 |
| Normalized Income | 204.87 | 151.81 | 156.91 | 209.88 |
| Basic EPS | 3.61 | 1.90 | 3.68 | 0 |
| Diluted EPS | 3.57 | 1.87 | 3.63 | 0 |
| Tax Effect Of Unusual Items | -7.03 | -17.49 | 2.61 | -6.52 |
| Tax Rate For Calcs | 0.18 | 0.21 | 0.35 | 0.40 |
| Total Unusual Items | -38.40 | -83.30 | 7.50 | -16.30 |
| Total Unusual Items Excluding Goodwill | -38.40 | -83.30 | 7.50 | -16.30 |
| Net Income From Continuing Operation Net Minority Interest | 173.50 | 86 | 161.80 | 200.10 |
| Reconciled Depreciation | 245.80 | 275.80 | 293.30 | 290.80 |
| Reconciled Cost Of Revenue | 3,461.90 | 3,707.10 | 3,743.10 | 3,903.20 |
| Net Interest Income | -115.20 | -167.50 | -186.50 | -218.20 |
| Net Income From Continuing And Discontinued Operation | 170.60 | 87.70 | 162.90 | 199.70 |
| Total Operating Income As Reported | 361.30 | 425.20 | 453 | 585.50 |
| Diluted Average Shares | 46.30 | 46.90 | 42.90 | 0 |
| Basic Average Shares | 46.30 | 46.20 | 42.90 | 0 |
| Diluted NI Availto Com Stockholders | 170.60 | 87.70 | 162.90 | 199.70 |
| Minority Interests | -11.30 | -10.60 | -11.80 | -10.50 |
| Net Income Including Noncontrolling Interests | 181.90 | 98.30 | 174.70 | 210.20 |
| Net Income Discontinuous Operations | -2.90 | 1.70 | 1.10 | -0.40 |
| Net Income Continuous Operations | 184.80 | 96.60 | 173.60 | 210.60 |
| Other Income Expense | -54.50 | -79.10 | 10.50 | -16.40 |
| Other Non Operating Income Expenses | -18.20 | 1.40 | 0.20 | -2.90 |
| Special Income Charges | -14.10 | -5.60 | -3.30 | -4.50 |
| Gain On Sale Of Ppe | 2.70 | 1.90 | 3.90 | -0.60 |
| Gain On Sale Of Business | 0 | 0 | 0 | 0 |
| Other Special Charges | 7.80 | 3.40 | 2.40 | -0.20 |
| Write Off | 9 | 10.30 | 4.80 | 4.10 |
| Restructuring And Mergern Acquisition | 0 | -6.20 | 0 | 0 |
| Earnings From Equity Interest | 2.10 | 2.80 | 3 | 2.80 |
| Gain On Sale Of Security | -24.30 | -77.70 | 10.80 | -11.80 |
| Net Non Operating Interest Income Expense | -115.20 | -167.50 | -186.50 | -218.20 |
| Interest Expense Non Operating | 138.80 | 203.80 | 235.40 | 245.50 |
| Interest Income Non Operating | 23.60 | 36.30 | 48.90 | 27.30 |
| Other Operating Expenses | -13.40 | -12.40 | -13.50 | -13.40 |
| Other Taxes | 4.10 | 9.40 | 5.50 | 4.90 |
| General And Administrative Expense | 687 | 688.10 | 834.50 | 778 |
| Other Gand A | 687 | 688.10 | 834.50 | 778 |
| Salaries And Wages | 16.70 | 0.50 | 0.20 | 0 |
| Operating Revenue | 4,535.50 | 4,874.60 | 5,011.90 | 5,261.20 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Brink's Companythis co. | BCO | $4.4B | 22.84↓ discount | 15.89 | 49.0% | 8.43 |
| Plug Power Inc. | PLUG | $4.8B | - | 4.86 | -162.6% | -7.99 |
| Tutor Perini Corporation | TPC | $4.5B | 56.98 | 3.73 | 6.4% | 15.23 |
| Herc Holdings Inc. | HRI | $4.4B | - | 2.25 | 0.1% | 15.30 |
| Archer Aviation Inc. | ACHR | $4.2B | - |
| 1.89 |
| -28.1% |
| -3.28 |
| GPGI, Inc. | GPGI | $4.2B | - | 7.52 | -55.9% | -335.00 |
| Intuitive Machines, Inc. | LUNR | $4.0B | - | -3.98 | -40.9% | -55.99 |
| York Space Systems, Inc. | YSS | $3.7B | - | 1.68 | -9.7% | -473.39 |
| NuScale Power Corporation | SMR | $3.7B | - | 3.08 | -32.0% | -12.69 |
| Peer Median | - | 56.98 | 2.67 | -30.0% | -10.34 | |