Brinks Company (BCO)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 266,300 | 235,800 | 226,200 | 235,500 | 79,300 |
| Revenue | US$ in thousands | 5,011,900 | 4,874,600 | 4,535,500 | 4,200,200 | 3,690,900 |
| Pretax margin | 5.31% | 4.84% | 4.99% | 5.61% | 2.15% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $266,300K ÷ $5,011,900K
= 5.31%
The pretax margin of Brinks Company has shown an upward trend over the past five years, starting at 2.15% on December 31, 2020, and increasing to 5.31% by December 31, 2024. This indicates that the company's ability to generate earnings before taxes relative to its total revenue has improved steadily over the period analyzed. The fluctuations in the pretax margin suggest that Brinks Company has been able to effectively manage its operating expenses and generate higher profits before accounting for tax obligations. Overall, the increasing pretax margin reflects a positive trend in the company's profitability and operational efficiency.
Peer comparison
Dec 31, 2024