Brink's Company (BCO) AI Stock Analysis

• Market Cap: $4.61B
• Dividend Yield: 0.91%
• Average Volume (3M): 314.19K
• Price to Earnings (P/E): 29.7
• Beta (1Y): 0.88
• Revenue Growth: 2.17%
• EPS Growth: 25.34%
• Country: US
• Employees: 66,100
• Sector: Industrials
• Sector Strength: 83
• Industry: Security & Protection Services
• EPS (TTM): 1.79
• Shares Outstanding: 41,662,285
• 10 Day Avg. Volume: 515,399
• 30 Day Avg. Volume: 314,195
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.40
• Enterprise Value/Revenue: 1.27
• Enterprise Value/Gross Profit: 5.06
• Enterprise Value/Ebitda: 8.25
• 1Y Price Target: $128.00
• Price Target Upside: 16.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 67 Neutral
• Price Target: $118.00 ▲(7.32% Upside)

Brink's Company demonstrates strong financial performance and positive earnings call sentiment, but high leverage, overbought technical indicators, and a high P/E ratio suggest caution. The resignation of a key executive adds uncertainty, though strategic initiatives and improved guidance provide a positive outlook.

Positive Factors

Earnings

Shares were up 10% following a second-quarter beat, third-quarter guidance above consensus, and positive commentary on midterm growth expectations for the key AMS/DRS business.

Share Repurchases

$130 million in shares have been repurchased using free cash flow that is up $36 million year-to-date over the prior-year period.

Negative Factors

Growth Moderation

The guidance assumes strong FX headwinds continue and growth in the AMS/DRS business moderates from 23% in 2024 to the mid-to-high-teens range in 2025.

Market Competition

Approximately 75% of the retail market does not have a cash management solution and could benefit from DRS adoption.

Brink's Company Business Overview & Revenue Model

Company Description

The Brink's Company provides secure transportation, cash management, and other security-related services in North America, Latin America, Europe, and internationally. The company offers armored vehicle transportation of valuables; automated teller machine (ATM) management services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance services; network infrastructure; and cash-in-transit services. It also provides transportation services for diamonds, jewelry, precious metals, securities, bank notes, currency, high-tech devices, electronics, and pharmaceuticals; vault outsourcing and money processing services; and services related to deploying and servicing intelligent safes and safe control devices, as well as cashier balancing, counterfeit detection, account consolidation, electronic reporting, check imaging, and reconciliation services. In addition, the company offers technology applications, including online cash tracking, cash inventory management, and other web-based tools. Further, it provides bill payment and collection services; prepaid cards and corporate debit cards; and security system design and installation services that include alarms, motion detectors, closed-circuit televisions, and digital video recorders, as well as access control systems comprising card and biometric readers, electronic locks, and turnstiles. Additionally, the company offers monitoring services; and security and guarding services to protect airports, offices, warehouses, stores, and public venues. It serves banks and financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations. The company was formerly known as The Pittston Company and changed its name to The Brink's Company in May 2003. The Brink's Company was founded in 1859 and is headquartered in Richmond, Virginia.

How the Company Makes Money

Brink's Company generates revenue through multiple key streams, primarily centered around its cash management and security services. The company charges clients for armored transport services, which includes the secure movement of cash and valuables. Additionally, Brink's earns money through cash processing services, where it manages and distributes cash for banks and retailers. The company also offers technology solutions, including security systems and monitoring services, which provide recurring revenue through maintenance and subscription fees. Significant partnerships with financial institutions and large retail chains bolster its client base, while international expansion into emerging markets enhances revenue potential. The company's strategic focus on security innovation and efficiency continues to drive growth and profitability.

Brink's Company Financial Statement Overview

Summary

Brink's Company demonstrates strong revenue growth and profitability, supported by efficient equity utilization. However, high debt levels present a risk, and there is room for improvement in cash flow efficiency.

Income Statement

Brink's Company shows a solid revenue growth trajectory with a TTM revenue growth rate of 0.94%. The gross profit margin is stable at around 25%, and the net profit margin is modest at approximately 3.3%. While the EBIT and EBITDA margins are healthy, they have slightly decreased in the TTM period compared to the previous year. Overall, the company demonstrates consistent revenue growth and profitability, though margins could be improved.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 12.22 in the TTM period, indicating significant leverage. However, the return on equity is strong at 61.81%, suggesting efficient use of equity to generate profits. The equity ratio is relatively low, reflecting a higher reliance on debt financing. While the company is profitable, the high leverage poses a potential risk.

Cash Flow

Brink's Company exhibits a robust free cash flow growth rate of 378.27% in the TTM period, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 0.17, and the free cash flow to net income ratio is 0.24, showing a reasonable conversion of income to cash. Despite the positive cash flow growth, the ratios suggest room for improvement in cash flow efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.07B	5.01B	4.87B	4.54B	4.20B	3.69B
Gross Profit	1.28B	1.27B	1.17B	1.07B	964.40M	813.60M
EBITDA	781.80M	795.00M	715.40M	613.00M	576.10M	373.00M
Net Income	162.70M	162.90M	87.70M	170.60M	105.20M	22.70M
Balance Sheet
Total Assets	7.09B	6.62B	6.60B	6.37B	5.57B	5.14B
Cash, Cash Equivalents and Short-Term Investments	1.38B	1.40B	1.18B	972.00M	710.30M	620.90M
Total Debt	4.44B	4.25B	3.88B	3.65B	3.21B	2.75B
Total Liabilities	6.70B	6.31B	6.08B	5.80B	5.31B	4.93B
Stockholders Equity	254.60M	184.90M	397.40M	570.20M	252.60M	202.50M
Cash Flow
Free Cash Flow	347.70M	203.50M	499.70M	297.30M	310.10M	199.20M
Operating Cash Flow	572.00M	426.00M	702.40M	479.90M	478.00M	317.70M
Investing Cash Flow	-257.40M	-216.20M	-179.80M	-331.20M	-454.70M	-565.40M
Financing Cash Flow	-95.00M	42.20M	-207.10M	245.20M	171.30M	683.70M

Brink's Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 109.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BCO, the sentiment is Positive. The current price of 109.95 is above the 20-day moving average (MA) of 100.45, above the 50-day MA of 94.46, and above the 200-day MA of 91.25, indicating a bullish trend. The MACD of 5.34 indicates Negative momentum. The RSI at 73.35 is Negative, neither overbought nor oversold. The STOCH value of 58.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BCO.

Brink's Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NSSC	79 Outperform	$1.10B	25.08	27.48%	1.71%	-1.05%	-2.78%
ADT	78 Outperform	$7.34B	13.23	17.13%	2.52%	3.80%	-3.18%
SNT	68 Neutral	$100.77M	65.29	-3.47%	―	―	―
BCO	67 Neutral	$4.61B	29.66	56.23%	0.91%	2.17%	25.34%
GEO	60 Neutral	$3.07B	34.04	6.73%	―	1.14%	169.19%
SPCB	60 Neutral	$41.19M	26.47	9.92%	―	―	―
Sector *	59 Neutral	AU$1.66B	10.99	-2.47%	3.49%	7.67%	2.90%

Brink's Company Corporate Events

Brink’s EVP Daniel Castillo Resigns, Impact Looms

On August 8, 2025, Daniel J. Castillo, Executive Vice President and President, North America of The Brink’s Company, announced his resignation effective August 29, 2025, to pursue another opportunity. This departure may impact the company’s operations in North America, potentially affecting its industry positioning and stakeholder relations.

Brink’s Company Exceeds Q2 Expectations, Raises 2025 Outlook

On August 6, 2025, Brink’s Company announced its second-quarter results, showcasing a strong performance that exceeded their guidance for revenue, operating profit, and EBITDA. The company reported record operating profit margins driven by robust organic revenue growth, particularly in AMS/DRS, and strong productivity in North America and Europe. The company also highlighted its strategic focus on expanding higher-margin subscription-based services, improving cash flow, and returning capital to shareholders, which included repurchasing $85 million in common stock. As a result of this performance, Brink’s has increased its full-year revenue and EBITDA expectations.

Brink’s Company Enhances CEO Retention and Succession Plan

On July 17, 2025, Brink’s Company entered into a letter agreement with CEO Mark Eubanks to ensure retention and succession planning, offering specific vesting treatments for his future equity awards. Additionally, on July 16, 2025, the company amended its Severance Pay Plan and Change in Control Plan to enhance termination protections and retention value, increasing severance benefits and extending vesting periods for the CEO, which may impact the company’s leadership stability and stakeholder confidence.

Brink’s Company Updates Investor Presentation for Growth

On June 3, 2025, The Brink’s Company updated its investor presentation slides, highlighting its strategic focus on expanding its AMS and DRS offerings to drive organic growth and improve profit margins. The company aims to enhance shareholder value through efficient capital allocation, while addressing market trends and challenges such as macroeconomic factors and technological risks. Brink’s plans to optimize its network and expand its addressable market by 2-3 times, leveraging its innovative solutions to secure long-term recurring revenue and improve operational efficiency.