Brinks Company (BCO)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 897,500 | 916,400 | 885,100 | 897,800 | 892,600 | 885,900 | 874,900 | 842,300 | 829,500 | 1,622,000 | 1,612,200 | 1,529,700 | 1,503,500 | 1,417,700 | 1,408,300 | 1,472,200 | 1,485,100 | 1,457,000 | 1,448,700 | 2,282,700 |
| Revenue (ttm) | US$ in thousands | 4,604,600 | 4,575,500 | 4,503,900 | 4,440,300 | 4,354,500 | 4,294,000 | 4,239,900 | 4,159,000 | 4,065,300 | 4,037,600 | 3,933,100 | 3,715,300 | 3,623,700 | 3,537,900 | 3,500,000 | 3,588,500 | 3,610,700 | 3,582,600 | 3,512,500 | 4,304,800 |
| Gross profit margin | 19.49% | 20.03% | 19.65% | 20.22% | 20.50% | 20.63% | 20.63% | 20.25% | 20.40% | 40.17% | 40.99% | 41.17% | 41.49% | 40.07% | 40.24% | 41.03% | 41.13% | 40.67% | 41.24% | 53.03% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $897,500K ÷ $4,604,600K
= 19.49%
The gross profit margin for Brink's Co. has been relatively stable over the past eight quarters, ranging from 22.80% to 24.08%. This indicates that the company has been able to effectively manage its cost of goods sold and maintain a consistent level of profitability from its core operations. While there have been some fluctuations in the gross profit margin, overall it has been within a relatively narrow range, suggesting consistent performance in generating profits from its products or services. Going forward, it will be important for Brink's Co. to continue monitoring and managing its cost structure to sustain or improve its gross profit margin levels.
Peer comparison
Dec 31, 2023