Brinks Company (BCO)

Net 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
Net income (ttm)	US$ in thousands	87,700	137,700	111,300	114,300	170,600	175,200	175,000	163,800	105,200	80,800	37,900	26,900	16,000	-11,800	17,500	17,100	29,000	66,500	78,500	-41,900
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
Net profit margin		1.90%	3.01%	2.47%	2.57%	3.92%	4.08%	4.13%	3.94%	2.59%	2.00%	0.96%	0.72%	0.44%	-0.33%	0.50%	0.48%	0.80%	1.86%	2.23%	-0.97%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $87,700K ÷ $4,604,600K
= 1.90%

To analyze Brink`s Co. net profit margin, we observe fluctuations in the margin over the past eight quarters. The net profit margin measures the company's profitability by expressing its net income as a percentage of total revenue.

There is a downward trend in the net profit margin from Q1 2022 (3.81%) to Q4 2023 (1.80%). This decline may raise concerns about the company's ability to control costs and maintain profitability.

While there was a slight increase in Q3 2023 (2.86%) compared to the previous quarter, the margin remained below historical highs seen in Q2 2022 (3.99%) and Q3 2022 (3.94%).

The fluctuations in net profit margin indicate potential variability in the company's earnings performance, influenced by factors such as operating expenses, revenue growth, and cost management strategies. Further analysis of Brink`s Co.`s financial statements and industry benchmarks is recommended to gain deeper insights into the company's financial health and performance.