Brinks Company (BCO)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 87,700 | 170,600 | 105,200 | 16,000 | 29,000 |
| Revenue | US$ in thousands | 4,592,500 | 4,335,000 | 4,061,700 | 3,591,900 | 3,578,000 |
| Net profit margin | 1.91% | 3.94% | 2.59% | 0.45% | 0.81% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $87,700K ÷ $4,592,500K
= 1.91%
The net profit margin of Brink`s Co. has fluctuated over the past five years. The company's net profit margin was 1.80% in 2023, a decrease from 3.76% in 2022 and 2.50% in 2021. This decline suggests a reduction in the company's profitability relative to its revenue in the most recent year. However, the net profit margin in 2023 is higher than in 2020 and 2019, indicating some improvement in profitability compared to those years. Overall, the net profit margin trend for Brink`s Co. has shown variability, which may warrant further analysis to understand the factors influencing the company's financial performance.
Peer comparison
Dec 31, 2023