Brinks Company (BCO)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 266,300 | 262,000 | 289,700 | 276,300 | 235,800 | 277,700 | 222,000 | 230,900 | 226,200 | 242,700 | 257,500 | 239,700 | 235,500 | 204,000 | 194,600 | 117,700 | 79,300 | 20,600 | 5,900 | 59,900 |
| Revenue (ttm) | US$ in thousands | 5,011,900 | 4,993,300 | 4,962,200 | 4,925,300 | 4,874,600 | 4,819,900 | 4,729,200 | 4,646,900 | 4,535,500 | 4,442,800 | 4,381,600 | 4,296,500 | 4,200,200 | 4,123,600 | 4,018,600 | 3,795,800 | 3,690,900 | 3,605,100 | 3,563,000 | 3,651,000 |
| Pretax margin | 5.31% | 5.25% | 5.84% | 5.61% | 4.84% | 5.76% | 4.69% | 4.97% | 4.99% | 5.46% | 5.88% | 5.58% | 5.61% | 4.95% | 4.84% | 3.10% | 2.15% | 0.57% | 0.17% | 1.64% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $266,300K ÷ $5,011,900K
= 5.31%
Brinks Company's pretax margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin represents the percentage of each dollar in revenue that translates to pre-tax profit.
The trend in Brinks Company's pretax margin indicates variability in its profitability performance. The margin started at a low of 1.64% as of March 31, 2020, and experienced fluctuations before showing an upward trend. Notably, the pretax margin increased to 5.84% as of June 30, 2024, showing improvement in the company's ability to generate profits before taxes.
Overall, the pretax margin of Brinks Company has generally improved over the period under review, fluctuating within a range but showing an upward trend towards the end of the observed period. This suggests that the company has been able to manage its costs more efficiently or increase its revenue generation, resulting in improved profitability before tax expenses. Management should continue monitoring and analyzing the drivers behind these fluctuations to sustain and enhance the company's profitability in the future.
Peer comparison
Dec 31, 2024