Brinks (BCO) FY2024 results: revenue $5.0 billion, up 2.8% on the year
Brinks Co. (BCO) reported revenue of $5.0 billion for fiscal 2024, the year ended 31 December 2024, up 2.8% on the year before. Net income was $163 million, up 85.7%, and diluted earnings per share $3.63. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2025.
Revenue
$5.0 billion
+2.8% on the year
FY2017FY2024
Operating margin
9.0%
8.7% a year earlier
FY2017FY2024
Net income
$163 million
+85.7% on the year
FY2017FY2024
Diluted EPS
$3.63
+94.1% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
426
702
480
-39.4%
Capital expenditure
222
203
183
+9.8%
Free cash flow
204
500
297
-59.3%
Free cash flow margin
4.1%
10.3%
6.6%
Cash from investing
-216
-180
-331
Cash from financing
42.2
-207
245
Depreciation and amortisation
293
276
246
+6.3%
Share-based compensation
36.5
32.1
48.6
+13.7%
Buybacks
204
170
52.2
+19.8%
Dividends paid
41.8
39.6
37.6
+5.6%
Dividend per share
$0.95
$0.86
$0.80
+10.2%
Diluted shares, weighted
45m
47m
48m
-4.5%
Shares outstanding at period end
43m
44m
46m
-3.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
185
397
447
-53.5%
Non-controlling interest
128
123
123
+3.9%
Debt
3,896
3,531
3,403
+10.3%
Operating lease liabilities
279
266
250
+4.8%
Finance lease liabilities
174
176
149
-1.5%
Other liabilities
1,962
2,108
1,994
-6.9%
Total liabilities and equity
6,623
6,602
6,366
+0.3%
Fixed assets
983
1,013
935
-3.0%
Goodwill
1,435
1,474
1,451
-2.6%
Intangible assets
422
488
536
-13.5%
Investments
31.3
16.9
39.3
+85.2%
Cash and equivalents
1,395
1,177
972
+18.6%
Receivables
734
779
862
-5.8%
Other assets
1,623
1,654
1,571
-1.9%
Total assets
6,623
6,602
6,366
+0.3%
10-K for the year ended 31 December 2024, filed 26 February 2025: the filing.