The Brink's Co (FRA:PTY) EBIT : €453 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is The Brink's Co EBIT?

The Brink's Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €124 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €453 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Brink's Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.53%. The Brink's Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 39.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Brink's Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.99%.

The Brink's Co EBIT Historical Data

The historical data trend for The Brink's Co's EBIT 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 EBIT Chart

The Brink's Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

168.21

148.54

307.72

344.56

403.11

The Brink's Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															79.02	101.25	131.74	96.10	123.74

Competitive Comparison of The Brink's Co's EBIT

For the Security & Protection Services subindustry, The Brink's Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The Brink's Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Brink's Co's EV-to-EBIT falls into.

The Brink's Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €453 Mil.

The Brink's Co (FRA:PTY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The Brink's Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	402.224 * ( 1 - 33.42% )	/	( (4164.098	+	4043.768)	/ 2 )
=	267.8007392	/	4103.933
=	6.53 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	6053.851	-	1115.622	-	( 1078.942	-	max(0, 1782.74	-	2556.871	+	1078.942	))
=	4164.098

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	6144.956	-	1260.676	-	( 1032.884	-	max(0, 1832.18	-	2672.692	+	1032.884	))
=	4043.768

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

The Brink's Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	494.96	/	( ( (1238.867 + max(-87.849, 0))	+	(1230.776 + max(65.78, 0)) )	/	2 )
=	494.96	/	( ( 1238.867	+	1296.556 )	/	2 )
=	494.96	/	1267.7115
=	39.04 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(627.778	+	0	+	747.722)	-	(1115.622	+	19.624	+	328.103)
=	-87.849

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(788.44	+	0	+	851.368)	-	(1260.676	+	0	+	313.352)
=	65.78

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The Brink's Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	452.837	/	6480.677
	=	6.99 %

The Brink's Co EBIT Related Terms

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

The Brink's Co (FRA:PTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The Brink's Co (FRA:PTY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BCO:USA

Address

1801 Bayberry Court, P.O. Box 18100, Richmond, VA, USA, 23226-8100

Website

https://www.brinks.com

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.