Brinks Company (BCO)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,268,800 | 1,262,700 | 1,254,200 | 1,211,300 | 1,167,500 | 1,160,800 | 1,110,400 | 1,104,400 | 1,073,600 | 1,034,700 | 1,016,600 | 979,800 | 964,400 | 950,900 | 940,600 | 853,100 | 813,600 | 778,400 | 764,800 | 828,200 |
| Revenue (ttm) | US$ in thousands | 5,011,900 | 4,993,300 | 4,962,200 | 4,925,300 | 4,874,600 | 4,819,900 | 4,729,200 | 4,646,900 | 4,535,500 | 4,442,800 | 4,381,600 | 4,296,500 | 4,200,200 | 4,123,600 | 4,018,600 | 3,795,800 | 3,690,900 | 3,605,100 | 3,563,000 | 3,651,000 |
| Gross profit margin | 25.32% | 25.29% | 25.28% | 24.59% | 23.95% | 24.08% | 23.48% | 23.77% | 23.67% | 23.29% | 23.20% | 22.80% | 22.96% | 23.06% | 23.41% | 22.47% | 22.04% | 21.59% | 21.47% | 22.68% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,268,800K ÷ $5,011,900K
= 25.32%
The gross profit margin of Brinks Company has exhibited a relatively stable trend over the period from March 31, 2020, to December 31, 2024. The margin started at 22.68% in March 2020, slightly dipped to 21.47% in June 2020, but then gradually increased to reach 25.32% by December 31, 2024.
The fluctuations within this timeframe were mainly within a narrow range, signifying consistent management of the company's cost of goods sold and sales revenue. The highest gross profit margin was recorded in December 2024, indicating the company's ability to generate a larger proportion of revenue after accounting for the direct costs of production.
Overall, the increasing trend in the gross profit margin showcases Brinks Company's efficiency in controlling production costs and maximizing profitability over the years. This metric reflects the company's ability to generate healthy profits from its core operations, which is crucial for sustaining and growing its business in the competitive market environment.
Peer comparison
Dec 31, 2024