Brinks Company (BCO)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 162,900 | 87,700 | 170,600 | 105,200 | 22,700 |
| Total stockholders’ equity | US$ in thousands | 312,500 | 397,400 | 570,200 | 252,600 | 202,500 |
| ROE | 52.13% | 22.07% | 29.92% | 41.65% | 11.21% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $162,900K ÷ $312,500K
= 52.13%
Brinks Company has demonstrated varying levels of return on equity (ROE) over the years, as evidenced by the data provided.
The ROE for December 31, 2020, stood at 11.21%, indicating that for every dollar of shareholder equity, the company generated a return of 11.21% during that year.
Subsequently, Brinks Company experienced a significant improvement in ROE, reaching 41.65% by December 31, 2021. This marked increase suggests that the company was able to enhance its profitability and efficiency in utilizing shareholder equity to generate profits.
By December 31, 2022, the ROE was slightly lower at 29.92%, indicating a minor decline in the company's ability to generate returns for its shareholders compared to the previous year.
Further, by December 31, 2023, Brinks Company's ROE decreased to 22.07%, signaling a continued but more pronounced reduction in profitability efficiency.
The company's performance rebounded significantly by December 31, 2024, with an ROE of 52.13%, the highest among the years analyzed. This indicates a strong performance in utilizing shareholder equity to generate profits.
Overall, the trend in Brinks Company's ROE shows fluctuations over the years, with some years experiencing remarkable growth in profitability efficiency, while others displaying a slight decline. It is important for stakeholders to closely monitor the company's ROE to assess its ability to maximize returns on shareholder equity effectively.
Peer comparison
Dec 31, 2024