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Side-by-side financial comparison of AMERICAN FINANCIAL GROUP INC (AFG) and BRINKS CO (BCO). Click either name above to swap in a different company.

AMERICAN FINANCIAL GROUP INC is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.5× BRINKS CO). AMERICAN FINANCIAL GROUP INC runs the higher net margin — 14.5% vs 4.9%, a 9.6% gap on every dollar of revenue. On growth, BRINKS CO posted the faster year-over-year revenue change (9.1% vs -4.0%). Over the past eight quarters, BRINKS CO's revenue compounded faster (5.6% CAGR vs 4.0%).

The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.

The Brink's Company is an American cash handling company, headquartered in Richmond, Virginia. Its operations include cash-in-transit, ATM replenishment & maintenance, and cash management & payment services, such as vault outsourcing, money processing, intelligent safe services, and international transportation of valuables.

AFG vs BCO — Head-to-Head

Bigger by revenue
AFG
AFG
1.5× larger
AFG
$2.1B
$1.4B
BCO
Growing faster (revenue YoY)
BCO
BCO
+13.1% gap
BCO
9.1%
-4.0%
AFG
Higher net margin
AFG
AFG
9.6% more per $
AFG
14.5%
4.9%
BCO
Faster 2-yr revenue CAGR
BCO
BCO
Annualised
BCO
5.6%
4.0%
AFG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AFG
AFG
BCO
BCO
Revenue
$2.1B
$1.4B
Net Profit
$299.0M
$68.1M
Gross Margin
27.7%
Operating Margin
18.4%
13.1%
Net Margin
14.5%
4.9%
Revenue YoY
-4.0%
9.1%
Net Profit YoY
17.3%
76.9%
EPS (diluted)
$3.59
$1.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFG
AFG
BCO
BCO
Q4 25
$2.1B
$1.4B
Q3 25
$2.3B
$1.3B
Q2 25
$1.9B
$1.3B
Q1 25
$1.9B
$1.2B
Q4 24
$2.1B
$1.3B
Q3 24
$2.4B
$1.3B
Q2 24
$1.9B
$1.3B
Q1 24
$1.9B
$1.2B
Net Profit
AFG
AFG
BCO
BCO
Q4 25
$299.0M
$68.1M
Q3 25
$215.0M
$36.3M
Q2 25
$174.0M
$43.7M
Q1 25
$154.0M
$51.6M
Q4 24
$255.0M
$38.5M
Q3 24
$181.0M
$28.9M
Q2 24
$209.0M
$46.2M
Q1 24
$242.0M
$49.3M
Gross Margin
AFG
AFG
BCO
BCO
Q4 25
27.7%
Q3 25
25.8%
Q2 25
24.9%
Q1 25
24.6%
Q4 24
26.1%
Q3 24
25.0%
Q2 24
25.2%
Q1 24
25.0%
Operating Margin
AFG
AFG
BCO
BCO
Q4 25
18.4%
13.1%
Q3 25
11.5%
11.4%
Q2 25
11.9%
10.3%
Q1 25
10.6%
9.6%
Q4 24
14.9%
8.3%
Q3 24
9.7%
8.9%
Q2 24
14.3%
9.3%
Q1 24
15.9%
9.8%
Net Margin
AFG
AFG
BCO
BCO
Q4 25
14.5%
4.9%
Q3 25
9.2%
2.7%
Q2 25
9.0%
3.4%
Q1 25
8.3%
4.1%
Q4 24
11.9%
3.0%
Q3 24
7.6%
2.3%
Q2 24
11.0%
3.7%
Q1 24
12.7%
4.0%
EPS (diluted)
AFG
AFG
BCO
BCO
Q4 25
$3.59
$1.62
Q3 25
$2.58
$0.86
Q2 25
$2.07
$1.03
Q1 25
$1.84
$1.18
Q4 24
$3.03
$0.87
Q3 24
$2.16
$0.65
Q2 24
$2.49
$1.02
Q1 24
$2.89
$1.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFG
AFG
BCO
BCO
Cash + ST InvestmentsLiquidity on hand
$1.7B
$1.7B
Total DebtLower is stronger
$1.8B
$4.0B
Stockholders' EquityBook value
$4.8B
$277.7M
Total Assets
$32.6B
$7.3B
Debt / EquityLower = less leverage
0.38×
14.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFG
AFG
BCO
BCO
Q4 25
$1.7B
$1.7B
Q3 25
$1.8B
$1.3B
Q2 25
$1.3B
$1.4B
Q1 25
$1.3B
$1.2B
Q4 24
$1.4B
$1.4B
Q3 24
$1.3B
$1.2B
Q2 24
$1.1B
$1.2B
Q1 24
$1.1B
$1.1B
Total Debt
AFG
AFG
BCO
BCO
Q4 25
$1.8B
$4.0B
Q3 25
$1.8B
$3.8B
Q2 25
$1.5B
$3.9B
Q1 25
$1.5B
$3.7B
Q4 24
$1.5B
$3.7B
Q3 24
$1.5B
$3.7B
Q2 24
$1.5B
$3.6B
Q1 24
$1.5B
$3.4B
Stockholders' Equity
AFG
AFG
BCO
BCO
Q4 25
$4.8B
$277.7M
Q3 25
$4.7B
$268.5M
Q2 25
$4.5B
$254.6M
Q1 25
$4.4B
$205.8M
Q4 24
$4.5B
$184.9M
Q3 24
$4.7B
$277.1M
Q2 24
$4.4B
$320.5M
Q1 24
$4.2B
$396.4M
Total Assets
AFG
AFG
BCO
BCO
Q4 25
$32.6B
$7.3B
Q3 25
$33.8B
$7.0B
Q2 25
$30.7B
$7.1B
Q1 25
$30.3B
$6.6B
Q4 24
$30.8B
$6.6B
Q3 24
$32.6B
$6.7B
Q2 24
$29.9B
$6.6B
Q1 24
$30.0B
$6.7B
Debt / Equity
AFG
AFG
BCO
BCO
Q4 25
0.38×
14.31×
Q3 25
0.38×
14.05×
Q2 25
0.33×
15.48×
Q1 25
0.34×
18.19×
Q4 24
0.33×
20.26×
Q3 24
0.31×
13.39×
Q2 24
0.34×
11.26×
Q1 24
0.35×
8.67×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFG
AFG
BCO
BCO
Operating Cash FlowLast quarter
$784.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
2.62×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFG
AFG
BCO
BCO
Q4 25
$784.0M
Q3 25
$216.0M
$122.1M
Q2 25
$191.0M
Q1 25
$342.0M
$-60.2M
Q4 24
$674.0M
$369.8M
Q3 24
$459.0M
$58.4M
Q2 24
$-88.0M
$-66.1M
Q1 24
$107.0M
$63.9M
Free Cash Flow
AFG
AFG
BCO
BCO
Q4 25
Q3 25
$77.4M
Q2 25
Q1 25
$-119.1M
Q4 24
$307.2M
Q3 24
$7.4M
Q2 24
$-122.8M
Q1 24
$11.7M
FCF Margin
AFG
AFG
BCO
BCO
Q4 25
Q3 25
5.8%
Q2 25
Q1 25
-9.6%
Q4 24
24.3%
Q3 24
0.6%
Q2 24
-9.8%
Q1 24
0.9%
Capex Intensity
AFG
AFG
BCO
BCO
Q4 25
3.5%
Q3 25
3.3%
Q2 25
4.0%
Q1 25
4.7%
Q4 24
5.0%
Q3 24
4.1%
Q2 24
4.5%
Q1 24
4.2%
Cash Conversion
AFG
AFG
BCO
BCO
Q4 25
2.62×
Q3 25
1.00×
3.36×
Q2 25
1.10×
Q1 25
2.22×
-1.17×
Q4 24
2.64×
9.61×
Q3 24
2.54×
2.02×
Q2 24
-0.42×
-1.43×
Q1 24
0.44×
1.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AFG
AFG

Property And Casualty Insurance$2.0B96%
Other$83.0M4%

BCO
BCO

Segment breakdown not available.

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