Foreign exchangemixed · 5 filings
“Operating profit increased 25% ($21.5 million) due to a 23% organic increase ($19.7 million) and the favorable impact of currency exchange rates ($1.8 million).”10-Q · Aug 5, 2026 ↗
The Brink's Company
BCO
Market read
The Brink's Company's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
Company+0.8% todayVolume comparison unavailable
Market group0 of 2 activeATM Services · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Brink’s attributed part of its 4% organic revenue increase to inflation-based price increases and organic growth in AMS and DRS.
- Quarterly interest expense rose to $63.5M for the three months ended March 31, 2026; monitor future reported interest cost and borrowing level changes.
Invalidation: The isolated read changes if BCO's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Brink’s attributed part of its 4% organic revenue increase to inflation-based price increases and organic growth in AMS and DRS.
- Quarterly interest expense rose to $63.5M for the three months ended March 31, 2026; monitor future reported interest cost and borrowing level changes.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements184
Verified relationships3
Evidence supporting the case
- Operating margin changed +2.1 percentage points in the latest annual period.
- Foreign exchange has repeated favorable evidence across 5 filings.
- Macroeconomic conditions has repeated favorable evidence across 4 filings.
- Pricing and mix has repeated favorable evidence across 4 filings.
Evidence challenging the case
- Supply chain and availability has repeated adverse evidence across 5 filings.
- Capital investment and capacity has repeated adverse evidence across 4 filings.
- Demand and volume has repeated adverse evidence across 3 filings.
Questions before a position
- P/E is 16% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 46% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
109.206m-0.5%12m-5.5%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$4.2B+13.8%$2.10-1.4%
2022-12-31$4.5B+8.0%$3.57-4.6%
2023-12-31$4.9B+7.5%$1.87-1.9%
2024-12-31$5.0B+2.8%$3.63-4.5%
2025-12-31$5.3B+5.0%$4.69-5.1%
What management says matters
Persistent and emerging business drivers
Supply chain and availabilitynegative · 5 filings
“Accordingly, changes in fair value attributable to changes in the undiscounted spot rates are recorded in the foreign currency translation adjustments component of accumulated other comprehensive income (loss) and will remain there until the hedged net invest…”10-Q · Aug 5, 2026 ↗
Capital investment and capacitynegative · 4 filings
“The increase was mostly attributed to lower amounts paid for capital expenditures (we had $74.9 million in cash paid for capital expenditures in 2026 compared to $110.7 million in 2025), partially offset by lower operating profit and lower cash proceeds from…”10-Q · Aug 5, 2026 ↗
Credit and interest ratesmixed · 4 filings
“Earnings Before Interest Expense, Income Taxes, Depreciation and Amortization ("EBITDA") and Adjusted EBITDA: EBITDA is calculated by starting with net income attributable to Brink's and adding back the amounts for interest expense, income taxes, depreciation…”10-Q · Aug 5, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.9× · EV/sales 1.3×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
109.20+0.8% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for BCO. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for BCO. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind BCO
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
LILIFFiling-linked nameinvesteeFeb 26, 2026 ▾
“Included within Net Debt is net cash from our Argentina operations of $25 million at December 31, 2025 and $104 million at December 31, 2024.”
LOIMFFiling-linked namecompetitorFeb 26, 2026 ▾
“Our largest multinational competitors are Loomis AB (Sweden); Prosegur, Compania de Seguridad, S.A.”
NATLNCR Atleos CorporationinvesteeMay 6, 2026 ▾
“NCR Atleos acquisition and transformation initiatives On February 26, 2026, we entered into a definitive agreement to acquire NCR Atleos.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
BCO is currently a Early Follower in the organic co-movement group ATM Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.