vs
Side-by-side financial comparison of BRINKS CO (BCO) and DARLING INGREDIENTS INC. (DAR). Click either name above to swap in a different company.
DARLING INGREDIENTS INC. is the larger business by last-quarter revenue ($1.6B vs $1.4B, roughly 1.1× BRINKS CO). BRINKS CO runs the higher net margin — 4.9% vs 1.2%, a 3.7% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs 9.1%). Over the past eight quarters, BRINKS CO's revenue compounded faster (5.6% CAGR vs -1.6%).
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.
Darling Ingredients Inc. is a global sustainable natural ingredients maker that converts edible and inedible organic byproducts into high-value products: food-grade nutritional ingredients, animal feed additives, pharmaceutical raw materials and biofuel components, serving food, agriculture, pharma and renewable energy markets across North America, Europe and Asia-Pacific.
BCO vs DAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.6B |
| Net Profit | $68.1M | $19.4M |
| Gross Margin | 27.7% | 24.7% |
| Operating Margin | 13.1% | 4.6% |
| Net Margin | 4.9% | 1.2% |
| Revenue YoY | 9.1% | 10.0% |
| Net Profit YoY | 76.9% | 14.2% |
| EPS (diluted) | $1.62 | $0.12 |
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.
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.3B | $1.4B | ||
| Q2 24 | $1.3B | $1.5B | ||
| Q1 24 | $1.2B | $1.4B |
| Q4 25 | $68.1M | — | ||
| Q3 25 | $36.3M | $19.4M | ||
| Q2 25 | $43.7M | $12.7M | ||
| Q1 25 | $51.6M | $-26.2M | ||
| Q4 24 | $38.5M | $101.9M | ||
| Q3 24 | $28.9M | $16.9M | ||
| Q2 24 | $46.2M | $78.9M | ||
| Q1 24 | $49.3M | $81.2M |
| Q4 25 | 27.7% | — | ||
| Q3 25 | 25.8% | 24.7% | ||
| Q2 25 | 24.9% | 23.3% | ||
| Q1 25 | 24.6% | 22.6% | ||
| Q4 24 | 26.1% | 23.5% | ||
| Q3 24 | 25.0% | 22.1% | ||
| Q2 24 | 25.2% | 22.5% | ||
| Q1 24 | 25.0% | 21.4% |
| Q4 25 | 13.1% | — | ||
| Q3 25 | 11.4% | 4.6% | ||
| Q2 25 | 10.3% | 5.1% | ||
| Q1 25 | 9.6% | 2.1% | ||
| Q4 24 | 8.3% | 8.6% | ||
| Q3 24 | 8.9% | 4.2% | ||
| Q2 24 | 9.3% | 10.2% | ||
| Q1 24 | 9.8% | 9.7% |
| Q4 25 | 4.9% | — | ||
| Q3 25 | 2.7% | 1.2% | ||
| Q2 25 | 3.4% | 0.9% | ||
| Q1 25 | 4.1% | -1.9% | ||
| Q4 24 | 3.0% | 7.2% | ||
| Q3 24 | 2.3% | 1.2% | ||
| Q2 24 | 3.7% | 5.4% | ||
| Q1 24 | 4.0% | 5.7% |
| Q4 25 | $1.62 | — | ||
| Q3 25 | $0.86 | $0.12 | ||
| Q2 25 | $1.03 | $0.08 | ||
| Q1 25 | $1.18 | $-0.16 | ||
| Q4 24 | $0.87 | $0.63 | ||
| Q3 24 | $0.65 | $0.11 | ||
| Q2 24 | $1.02 | $0.49 | ||
| Q1 24 | $1.09 | $0.50 |
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 | $91.5M |
| Total DebtLower is stronger | $4.0B | $4.0B |
| Stockholders' EquityBook value | $277.7M | $4.7B |
| Total Assets | $7.3B | $10.5B |
| Debt / EquityLower = less leverage | 14.31× | 0.86× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.3B | $91.5M | ||
| Q2 25 | $1.4B | $94.6M | ||
| Q1 25 | $1.2B | $81.5M | ||
| Q4 24 | $1.4B | $76.0M | ||
| Q3 24 | $1.2B | $114.8M | ||
| Q2 24 | $1.2B | $121.6M | ||
| Q1 24 | $1.1B | $145.5M |
| Q4 25 | $4.0B | — | ||
| Q3 25 | $3.8B | $4.0B | ||
| Q2 25 | $3.9B | $3.9B | ||
| Q1 25 | $3.7B | $3.8B | ||
| Q4 24 | $3.7B | $3.9B | ||
| Q3 24 | $3.7B | $4.1B | ||
| Q2 24 | $3.6B | $4.3B | ||
| Q1 24 | $3.4B | $4.4B |
| Q4 25 | $277.7M | — | ||
| Q3 25 | $268.5M | $4.7B | ||
| Q2 25 | $254.6M | $4.6B | ||
| Q1 25 | $205.8M | $4.4B | ||
| Q4 24 | $184.9M | $4.4B | ||
| Q3 24 | $277.1M | $4.6B | ||
| Q2 24 | $320.5M | $4.5B | ||
| Q1 24 | $396.4M | $4.6B |
| Q4 25 | $7.3B | — | ||
| Q3 25 | $7.0B | $10.5B | ||
| Q2 25 | $7.1B | $10.3B | ||
| Q1 25 | $6.6B | $10.0B | ||
| Q4 24 | $6.6B | $10.1B | ||
| Q3 24 | $6.7B | $10.6B | ||
| Q2 24 | $6.6B | $10.6B | ||
| Q1 24 | $6.7B | $10.9B |
| Q4 25 | 14.31× | — | ||
| Q3 25 | 14.05× | 0.86× | ||
| Q2 25 | 15.48× | 0.85× | ||
| Q1 25 | 18.19× | 0.86× | ||
| Q4 24 | 20.26× | 0.89× | ||
| Q3 24 | 13.39× | 0.91× | ||
| Q2 24 | 11.26× | 0.97× | ||
| Q1 24 | 8.67× | 0.95× |
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 | — | $224.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 3.5% | — |
| Cash ConversionOCF / Net Profit | — | 11.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $122.1M | $224.3M | ||
| Q2 25 | — | $145.8M | ||
| Q1 25 | $-60.2M | $249.0M | ||
| Q4 24 | $369.8M | $154.4M | ||
| Q3 24 | $58.4M | $274.5M | ||
| Q2 24 | $-66.1M | $146.5M | ||
| Q1 24 | $63.9M | $263.9M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | — | — | ||
| Q3 25 | 3.36× | 11.59× | ||
| Q2 25 | — | 11.52× | ||
| Q1 25 | -1.17× | — | ||
| Q4 24 | 9.61× | 1.52× | ||
| Q3 24 | 2.02× | 16.19× | ||
| Q2 24 | -1.43× | 1.86× | ||
| Q1 24 | 1.30× | 3.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCO
Segment breakdown not available.
DAR
| Fats | $428.4M | 27% |
| Food Ingredients | $380.6M | 24% |
| Diamond Green Diesel Holdings Llc Joint Venture | $342.1M | 22% |
| Fuel Ingredients | $154.3M | 10% |
| Used Cooking Oil | $125.9M | 8% |
| Other Rendering | $76.9M | 5% |
| Bakery | $46.9M | 3% |
| Other Products And Services | $12.2M | 1% |
