Brinks Company (BCO)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 453,000 | 425,200 | 350,800 | 354,700 | 213,500 |
Total assets | US$ in thousands | 6,623,100 | 6,601,800 | 6,366,000 | 5,566,700 | 5,135,600 |
Operating ROA | 6.84% | 6.44% | 5.51% | 6.37% | 4.16% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $453,000K ÷ $6,623,100K
= 6.84%
Based on the data provided, Brinks Company's operating return on assets (ROA) has shown a positive trend over the past five years. The operating ROA increased from 4.16% as of December 31, 2020, to 6.84% as of December 31, 2024.
This improvement indicates that Brinks Company has been more efficient in generating operating income relative to its assets over the years. The company has effectively managed its assets to generate higher operating returns, reflecting positively on its operational performance.
The consistent growth in operating ROA demonstrates Brinks Company's ability to utilize its assets effectively and generate profits from its core operations. This trend suggests that the company has been successful in optimizing its asset utilization and enhancing its operational efficiency over the years.
Peer comparison
Dec 31, 2024