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The Brink's Co (The Brink's Co) ROE % : -4.65% (As of Dec. 2023)


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What is The Brink's Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. The Brink's Co's annualized net income for the quarter that ended in Dec. 2023 was $-20 Mil. The Brink's Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $430 Mil. Therefore, The Brink's Co's annualized ROE % for the quarter that ended in Dec. 2023 was -4.65%.

The historical rank and industry rank for The Brink's Co's ROE % or its related term are showing as below:

BCO' s ROE % Range Over the Past 10 Years
Min: -14.88   Med: 10.26   Max: 83.56
Current: 18.84

During the past 13 years, The Brink's Co's highest ROE % was 83.56%. The lowest was -14.88%. And the median was 10.26%.

BCO's ROE % is ranked better than
78.21% of 1042 companies
in the Business Services industry
Industry Median: 8.685 vs BCO: 18.84

The Brink's Co ROE % Historical Data

The historical data trend for The Brink's Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Brink's Co ROE % Chart

The Brink's Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.79 9.98 83.56 59.85 20.77

The Brink's Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.40 12.96 25.17 36.33 -4.65

Competitive Comparison of The Brink's Co's ROE %

For the Security & Protection Services subindustry, The Brink's Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Brink's Co's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The Brink's Co's ROE % distribution charts can be found below:

* The bar in red indicates where The Brink's Co's ROE % falls into.



The Brink's Co ROE % Calculation

The Brink's Co's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=87.7/( (447.1+397.4)/ 2 )
=87.7/422.25
=20.77 %

The Brink's Co's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-20/( (462.8+397.4)/ 2 )
=-20/430.1
=-4.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


The Brink's Co  (NYSE:BCO) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-20/430.1
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20 / 4982.4)*(4982.4 / 6433.3)*(6433.3 / 430.1)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.4 %*0.7745*14.9577
=ROA %*Equity Multiplier
=-0.31 %*14.9577
=-4.65 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-20/430.1
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-20 / 210) * (210 / 606.8) * (606.8 / 4982.4) * (4982.4 / 6433.3) * (6433.3 / 430.1)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.0952 * 0.3461 * 12.18 % * 0.7745 * 14.9577
=-4.65 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


The Brink's Co ROE % Related Terms

Thank you for viewing the detailed overview of The Brink's Co's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Brink's Co (The Brink's Co) Business Description

Traded in Other Exchanges
Address
1801 Bayberry Court, P.O. Box 18100, Richmond, VA, USA, 23226-8100
The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.
Executives
Arthelbert Louis Parker director THE BRINK'S COMPANY, 1801 BAYBERRY CT, 4TH FL, PO BOX 18100, RICHMOND VA 23226
Dominik Bossart officer: SVP 1800 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Elizabeth A Galloway officer: EVP and CHRO AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael F Beech officer: Executive Vice President THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Michael J Herling director 177 BROAD STREET, 15TH FLOOR, STAMFORD CT 06901
Keith R Wyche director 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Kurt B Mcmaken officer: EVP, Chief Financial Officer THE BRINK'S COMANY, 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Simon Davis officer: SVP, CHRO 5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Daniel J Castillo officer: EVP 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Susan E Docherty director THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Kathie J. Andrade director 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Rohan Pal officer: EVP, Chief Information Officer 1801 BAYBERRY COURT, RICHMOND VA 23226
Michael E Sweeney officer: Controller C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Timothy Joseph Tynan director 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Lindsay K. Blackwood officer: EVP & General Counsel 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226

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