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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and BRINKS CO (BCO). Click either name above to swap in a different company.

BRINKS CO is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.3× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 4.9%, a 51.7% gap on every dollar of revenue.

Brookfield Asset Management Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation, and manages investments across real estate, infrastructure, renewable energy, private equity, and credit markets globally.

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.

BAM vs BCO — Head-to-Head

Bigger by revenue
BCO
BCO
1.3× larger
BCO
$1.4B
$1.1B
BAM
Higher net margin
BAM
BAM
51.7% more per $
BAM
56.7%
4.9%
BCO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BAM
BAM
BCO
BCO
Revenue
$1.1B
$1.4B
Net Profit
$615.0M
$68.1M
Gross Margin
27.7%
Operating Margin
84.2%
13.1%
Net Margin
56.7%
4.9%
Revenue YoY
9.1%
Net Profit YoY
76.9%
EPS (diluted)
$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
BAM
BAM
BCO
BCO
Q4 25
$1.1B
$1.4B
Q3 25
$974.0M
$1.3B
Q2 25
$931.0M
$1.3B
Q1 25
$954.0M
$1.2B
Q4 24
$1.3B
Q3 24
$873.0M
$1.3B
Q2 24
$821.0M
$1.3B
Q1 24
$786.0M
$1.2B
Net Profit
BAM
BAM
BCO
BCO
Q4 25
$615.0M
$68.1M
Q3 25
$692.0M
$36.3M
Q2 25
$584.0M
$43.7M
Q1 25
$507.0M
$51.6M
Q4 24
$38.5M
Q3 24
$537.0M
$28.9M
Q2 24
$124.0M
$46.2M
Q1 24
$373.0M
$49.3M
Gross Margin
BAM
BAM
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
BAM
BAM
BCO
BCO
Q4 25
84.2%
13.1%
Q3 25
79.1%
11.4%
Q2 25
70.8%
10.3%
Q1 25
61.0%
9.6%
Q4 24
8.3%
Q3 24
72.5%
8.9%
Q2 24
80.4%
9.3%
Q1 24
56.5%
9.8%
Net Margin
BAM
BAM
BCO
BCO
Q4 25
56.7%
4.9%
Q3 25
71.0%
2.7%
Q2 25
62.7%
3.4%
Q1 25
53.1%
4.1%
Q4 24
3.0%
Q3 24
61.5%
2.3%
Q2 24
15.1%
3.7%
Q1 24
47.5%
4.0%
EPS (diluted)
BAM
BAM
BCO
BCO
Q4 25
$1.62
Q3 25
$0.86
Q2 25
$1.03
Q1 25
$1.18
Q4 24
$0.87
Q3 24
$0.65
Q2 24
$1.02
Q1 24
$1.09

Balance Sheet & Financial Strength

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

Metric
BAM
BAM
BCO
BCO
Cash + ST InvestmentsLiquidity on hand
$1.6B
$1.7B
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$8.9B
$277.7M
Total Assets
$17.0B
$7.3B
Debt / EquityLower = less leverage
14.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
BCO
BCO
Q4 25
$1.6B
$1.7B
Q3 25
$1.1B
$1.3B
Q2 25
$480.0M
$1.4B
Q1 25
$332.0M
$1.2B
Q4 24
$1.4B
Q3 24
$1.2B
Q2 24
$10.0M
$1.2B
Q1 24
$1.1B
Total Debt
BAM
BAM
BCO
BCO
Q4 25
$4.0B
Q3 25
$3.8B
Q2 25
$3.9B
Q1 25
$3.7B
Q4 24
$3.7B
Q3 24
$3.7B
Q2 24
$3.6B
Q1 24
$3.4B
Stockholders' Equity
BAM
BAM
BCO
BCO
Q4 25
$8.9B
$277.7M
Q3 25
$8.5B
$268.5M
Q2 25
$8.5B
$254.6M
Q1 25
$8.5B
$205.8M
Q4 24
$184.9M
Q3 24
$9.0B
$277.1M
Q2 24
$3.2B
$320.5M
Q1 24
$2.2B
$396.4M
Total Assets
BAM
BAM
BCO
BCO
Q4 25
$17.0B
$7.3B
Q3 25
$16.5B
$7.0B
Q2 25
$16.1B
$7.1B
Q1 25
$15.0B
$6.6B
Q4 24
$6.6B
Q3 24
$6.7B
Q2 24
$4.2B
$6.6B
Q1 24
$6.7B
Debt / Equity
BAM
BAM
BCO
BCO
Q4 25
14.31×
Q3 25
14.05×
Q2 25
15.48×
Q1 25
18.19×
Q4 24
20.26×
Q3 24
13.39×
Q2 24
11.26×
Q1 24
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
BAM
BAM
BCO
BCO
Operating Cash FlowLast quarter
$562.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
0.91×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
BCO
BCO
Q4 25
$562.0M
Q3 25
$745.0M
$122.1M
Q2 25
$529.0M
Q1 25
$265.0M
$-60.2M
Q4 24
$369.8M
Q3 24
$567.0M
$58.4M
Q2 24
$159.0M
$-66.1M
Q1 24
$516.0M
$63.9M
Free Cash Flow
BAM
BAM
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
BAM
BAM
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
BAM
BAM
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
BAM
BAM
BCO
BCO
Q4 25
0.91×
Q3 25
1.08×
3.36×
Q2 25
0.91×
Q1 25
0.52×
-1.17×
Q4 24
9.61×
Q3 24
1.06×
2.02×
Q2 24
1.28×
-1.43×
Q1 24
1.38×
1.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BAM
BAM

Incentive Fees$452.0M42%
Infrastruture$332.0M31%
Private Equity$174.0M16%
Renewable Power And Transition$66.0M6%
Other$47.0M4%
Management And Advisory Fees$14.0M1%

BCO
BCO

Segment breakdown not available.

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