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Side-by-side financial comparison of BRINKS CO (BCO) and BXP, Inc. (BXP). Click either name above to swap in a different company.
BRINKS CO is the larger business by last-quarter revenue ($1.4B vs $872.1M, roughly 1.6× BXP, Inc.). BXP, Inc. runs the higher net margin — 15.3% vs 3.9%, a 11.3% gap on every dollar of revenue. On growth, BRINKS CO posted the faster year-over-year revenue change (10.0% vs 0.8%). Over the past eight quarters, BRINKS CO's revenue compounded faster (4.8% CAGR vs 1.3%).
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.
BXP Inc., operating as Boston Properties, is a leading U.S. real estate investment trust focused on owning, managing and developing high-quality Class A commercial office properties across major U.S. metro markets, serving diverse corporate, tech and professional service tenants.
BCO vs BXP — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $872.1M |
| Net Profit | $53.9M | $133.0M |
| Gross Margin | — | — |
| Operating Margin | 8.0% | — |
| Net Margin | 3.9% | 15.3% |
| Revenue YoY | 10.0% | 0.8% |
| Net Profit YoY | 54.9% | 53.0% |
| EPS (diluted) | — | $1.69 |
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.
| Q2 26 | $1.4B | — | ||
| Q1 26 | — | $872.1M | ||
| Q4 25 | $1.4B | $877.1M | ||
| Q3 25 | $1.3B | $871.5M | ||
| Q2 25 | $1.3B | $868.5M | ||
| Q1 25 | $1.2B | $865.2M | ||
| Q4 24 | $1.3B | $858.6M | ||
| Q3 24 | $1.3B | $859.2M |
| Q2 26 | $53.9M | — | ||
| Q1 26 | — | $133.0M | ||
| Q4 25 | $68.1M | $248.4M | ||
| Q3 25 | $36.3M | $-121.7M | ||
| Q2 25 | $43.7M | $89.0M | ||
| Q1 25 | $51.6M | $61.2M | ||
| Q4 24 | $38.5M | $-228.9M | ||
| Q3 24 | $28.9M | $83.6M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 27.7% | 58.8% | ||
| Q3 25 | 25.8% | 59.3% | ||
| Q2 25 | 24.9% | 59.2% | ||
| Q1 25 | 24.6% | 59.2% | ||
| Q4 24 | 26.1% | 59.7% | ||
| Q3 24 | 25.0% | 59.5% |
| Q2 26 | 8.0% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 13.1% | — | ||
| Q3 25 | 11.4% | — | ||
| Q2 25 | 10.3% | — | ||
| Q1 25 | 9.6% | — | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 8.9% | — |
| Q2 26 | 3.9% | — | ||
| Q1 26 | — | 15.3% | ||
| Q4 25 | 4.9% | 28.3% | ||
| Q3 25 | 2.7% | -14.0% | ||
| Q2 25 | 3.4% | 10.2% | ||
| Q1 25 | 4.1% | 7.1% | ||
| Q4 24 | 3.0% | -26.7% | ||
| Q3 24 | 2.3% | 9.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | $1.69 | ||
| Q4 25 | $1.62 | $1.56 | ||
| Q3 25 | $0.86 | $-0.77 | ||
| Q2 25 | $1.03 | $0.56 | ||
| Q1 25 | $1.18 | $0.39 | ||
| Q4 24 | $0.87 | $-1.46 | ||
| Q3 24 | $0.65 | $0.53 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.7B | $512.8M |
| Total DebtLower is stronger | $4.1B | — |
| Stockholders' EquityBook value | $407.3M | $7.7B |
| Total Assets | $7.3B | $25.1B |
| Debt / EquityLower = less leverage | 9.95× | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $1.7B | — | ||
| Q1 26 | — | $512.8M | ||
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.3B | $861.1M | ||
| Q2 25 | $1.4B | $447.0M | ||
| Q1 25 | $1.2B | $398.1M | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.2B | $1.4B |
| Q2 26 | $4.1B | — | ||
| Q1 26 | — | — | ||
| 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 26 | $407.3M | — | ||
| Q1 26 | — | $7.7B | ||
| Q4 25 | $277.7M | $5.1B | ||
| Q3 25 | $268.5M | $5.0B | ||
| Q2 25 | $254.6M | $5.3B | ||
| Q1 25 | $205.8M | $5.3B | ||
| Q4 24 | $184.9M | $5.4B | ||
| Q3 24 | $277.1M | $5.8B |
| Q2 26 | $7.3B | — | ||
| Q1 26 | — | $25.1B | ||
| Q4 25 | $7.3B | $26.2B | ||
| Q3 25 | $7.0B | $26.0B | ||
| Q2 25 | $7.1B | $25.6B | ||
| Q1 25 | $6.6B | $25.4B | ||
| Q4 24 | $6.6B | $26.1B | ||
| Q3 24 | $6.7B | $26.4B |
| Q2 26 | 9.95× | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 14.31× | — | ||
| Q3 25 | 14.05× | — | ||
| Q2 25 | 15.48× | — | ||
| Q1 25 | 18.19× | — | ||
| Q4 24 | 20.26× | — | ||
| Q3 24 | 13.39× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | — |
| Free Cash FlowOCF − Capex | $435.5M | — |
| FCF MarginFCF / Revenue | 31.7% | — |
| Capex IntensityCapex / Revenue | 4.3% | 1.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $407.8M | ||
| Q3 25 | $122.1M | $274.2M | ||
| Q2 25 | — | $353.1M | ||
| Q1 25 | $-60.2M | $210.0M | ||
| Q4 24 | $369.8M | $383.7M | ||
| Q3 24 | $58.4M | $286.1M |
| Q2 26 | $435.5M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $362.7M | ||
| Q3 25 | $77.4M | $231.6M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | $-119.1M | $152.6M | ||
| Q4 24 | $307.2M | $312.5M | ||
| Q3 24 | $7.4M | $234.5M |
| Q2 26 | 31.7% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 41.4% | ||
| Q3 25 | 5.8% | 26.6% | ||
| Q2 25 | — | 32.4% | ||
| Q1 25 | -9.6% | 17.6% | ||
| Q4 24 | 24.3% | 36.4% | ||
| Q3 24 | 0.6% | 27.3% |
| Q2 26 | 4.3% | — | ||
| Q1 26 | — | 1.5% | ||
| Q4 25 | 3.5% | 5.1% | ||
| Q3 25 | 3.3% | 4.9% | ||
| Q2 25 | 4.0% | 8.2% | ||
| Q1 25 | 4.7% | 6.6% | ||
| Q4 24 | 5.0% | 8.3% | ||
| Q3 24 | 4.1% | 6.0% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 1.64× | ||
| Q3 25 | 3.36× | — | ||
| Q2 25 | — | 3.97× | ||
| Q1 25 | -1.17× | 3.43× | ||
| Q4 24 | 9.61× | — | ||
| Q3 24 | 2.02× | 3.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCO
| North America | $418.0M | 30% |
| Europe | $319.0M | 23% |
| Latin America | $308.0M | 22% |
| Rest of World | $203.0M | 15% |
| Other | $127.0M | 9% |
BXP
| Lease | $818.2M | 94% |
| Parking and other | $30.8M | 4% |
| Development and management services | $9.2M | 1% |
