Brinks Company (BCO)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 457,300 | 517,500 | 543,600 | 528,900 | 487,800 | 466,000 | 412,300 | 403,200 | 385,800 | 388,400 | 378,600 | 355,400 | 354,700 | 321,100 | 323,300 | 249,000 | 213,500 | 174,900 | 151,000 | 204,600 |
| Total assets | US$ in thousands | 6,623,100 | 6,670,600 | 6,561,600 | 6,679,300 | 6,601,800 | 6,264,800 | 6,411,400 | 6,253,100 | 6,366,000 | 5,933,400 | 5,823,100 | 5,750,400 | 5,566,700 | 5,552,900 | 5,578,400 | 5,190,500 | 5,135,600 | 4,903,100 | 4,771,200 | 3,800,900 |
| Operating ROA | 6.90% | 7.76% | 8.28% | 7.92% | 7.39% | 7.44% | 6.43% | 6.45% | 6.06% | 6.55% | 6.50% | 6.18% | 6.37% | 5.78% | 5.80% | 4.80% | 4.16% | 3.57% | 3.16% | 5.38% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $457,300K ÷ $6,623,100K
= 6.90%
Operating Return on Assets (Operating ROA) is a crucial financial ratio that indicates how efficiently a company is generating operating profits relative to its total assets. For Brinks Company, the trend of Operating ROA over the past few years shows fluctuations in performance.
From March 31, 2020, to December 31, 2021, Brinks Company's Operating ROA ranged between 3.16% and 6.37%. There was an overall increasing trend during this period, indicating improved efficiency in utilizing assets to generate operating profits.
In the subsequent periods from March 31, 2022, to December 31, 2024, Brinks Company's Operating ROA fluctuated within a narrower range between 6.06% and 8.28%. This suggests that the company's asset utilization efficiency stabilized but continued to perform relatively well.
The highest Operating ROA of 8.28% was recorded on June 30, 2024, indicating a peak in operating profit generation efficiency. However, by December 31, 2024, the ratio decreased to 6.90%, possibly due to changes in operational performance or asset management.
Overall, Brinks Company has shown a relatively positive performance in terms of Operating ROA, with ups and downs reflecting changes in operating profitability relative to its asset base. Further analysis and comparison with industry benchmarks could provide a deeper insight into the company's operational efficiency and asset productivity.
Peer comparison
Dec 31, 2024