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Side-by-side financial comparison of BRINKS CO (BCO) and ICAHN ENTERPRISES L.P. (IEP). Click either name above to swap in a different company.

ICAHN ENTERPRISES L.P. is the larger business by last-quarter revenue ($2.7B vs $1.4B, roughly 2.0× BRINKS CO). BRINKS CO runs the higher net margin — 4.9% vs 0.0%, a 4.9% gap on every dollar of revenue. On growth, BRINKS CO posted the faster year-over-year revenue change (9.1% vs 5.4%). Over the past eight quarters, BRINKS CO's revenue compounded faster (5.6% CAGR vs 4.5%).

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.

Icahn Enterprises L.P. is an American publicly traded master limited partnership and conglomerate headquartered at Milton Tower in Sunny Isles Beach, Florida. The company has investments in various industries including energy, automotive, food packaging, metals, real estate and home fashion. The company is controlled by Carl Icahn, who owns 86 percent of it.

BCO vs IEP — Head-to-Head

Bigger by revenue
IEP
IEP
2.0× larger
IEP
$2.7B
$1.4B
BCO
Growing faster (revenue YoY)
BCO
BCO
+3.7% gap
BCO
9.1%
5.4%
IEP
Higher net margin
BCO
BCO
4.9% more per $
BCO
4.9%
0.0%
IEP
Faster 2-yr revenue CAGR
BCO
BCO
Annualised
BCO
5.6%
4.5%
IEP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BCO
BCO
IEP
IEP
Revenue
$1.4B
$2.7B
Net Profit
$68.1M
$1.0M
Gross Margin
27.7%
Operating Margin
13.1%
0.6%
Net Margin
4.9%
0.0%
Revenue YoY
9.1%
5.4%
Net Profit YoY
76.9%
101.0%
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
BCO
BCO
IEP
IEP
Q4 25
$1.4B
$2.7B
Q3 25
$1.3B
$2.7B
Q2 25
$1.3B
$2.4B
Q1 25
$1.2B
$1.9B
Q4 24
$1.3B
$2.6B
Q3 24
$1.3B
$2.8B
Q2 24
$1.3B
$2.2B
Q1 24
$1.2B
$2.5B
Net Profit
BCO
BCO
IEP
IEP
Q4 25
$68.1M
$1.0M
Q3 25
$36.3M
$287.0M
Q2 25
$43.7M
$-165.0M
Q1 25
$51.6M
$-422.0M
Q4 24
$38.5M
$-98.0M
Q3 24
$28.9M
$22.0M
Q2 24
$46.2M
$-331.0M
Q1 24
$49.3M
$-38.0M
Gross Margin
BCO
BCO
IEP
IEP
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
BCO
BCO
IEP
IEP
Q4 25
13.1%
0.6%
Q3 25
11.4%
19.7%
Q2 25
10.3%
-10.4%
Q1 25
9.6%
-35.0%
Q4 24
8.3%
-5.2%
Q3 24
8.9%
2.4%
Q2 24
9.3%
-21.9%
Q1 24
9.8%
-0.8%
Net Margin
BCO
BCO
IEP
IEP
Q4 25
4.9%
0.0%
Q3 25
2.7%
10.5%
Q2 25
3.4%
-7.0%
Q1 25
4.1%
-22.6%
Q4 24
3.0%
-3.8%
Q3 24
2.3%
0.8%
Q2 24
3.7%
-15.0%
Q1 24
4.0%
-1.5%
EPS (diluted)
BCO
BCO
IEP
IEP
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
BCO
BCO
IEP
IEP
Cash + ST InvestmentsLiquidity on hand
$1.7B
$1.4B
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$277.7M
Total Assets
$7.3B
$14.2B
Debt / EquityLower = less leverage
14.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCO
BCO
IEP
IEP
Q4 25
$1.7B
$1.4B
Q3 25
$1.3B
$1.8B
Q2 25
$1.4B
$1.8B
Q1 25
$1.2B
$2.2B
Q4 24
$1.4B
$2.6B
Q3 24
$1.2B
$2.3B
Q2 24
$1.2B
$2.2B
Q1 24
$1.1B
$2.5B
Total Debt
BCO
BCO
IEP
IEP
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
BCO
BCO
IEP
IEP
Q4 25
$277.7M
Q3 25
$268.5M
Q2 25
$254.6M
Q1 25
$205.8M
Q4 24
$184.9M
Q3 24
$277.1M
Q2 24
$320.5M
Q1 24
$396.4M
Total Assets
BCO
BCO
IEP
IEP
Q4 25
$7.3B
$14.2B
Q3 25
$7.0B
$14.8B
Q2 25
$7.1B
$14.8B
Q1 25
$6.6B
$15.5B
Q4 24
$6.6B
$16.3B
Q3 24
$6.7B
$17.4B
Q2 24
$6.6B
$18.0B
Q1 24
$6.7B
$20.1B
Debt / Equity
BCO
BCO
IEP
IEP
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
BCO
BCO
IEP
IEP
Operating Cash FlowLast quarter
$-421.0M
Free Cash FlowOCF − Capex
$-496.0M
FCF MarginFCF / Revenue
-18.4%
Capex IntensityCapex / Revenue
3.5%
2.8%
Cash ConversionOCF / Net Profit
-421.00×
TTM Free Cash FlowTrailing 4 quarters
$-654.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCO
BCO
IEP
IEP
Q4 25
$-421.0M
Q3 25
$122.1M
$15.0M
Q2 25
$275.0M
Q1 25
$-60.2M
$-182.0M
Q4 24
$369.8M
$244.0M
Q3 24
$58.4M
$-54.0M
Q2 24
$-66.1M
$893.0M
Q1 24
$63.9M
$-251.0M
Free Cash Flow
BCO
BCO
IEP
IEP
Q4 25
$-496.0M
Q3 25
$77.4M
$-67.0M
Q2 25
$179.0M
Q1 25
$-119.1M
$-270.0M
Q4 24
$307.2M
$156.0M
Q3 24
$7.4M
$-112.0M
Q2 24
$-122.8M
$827.0M
Q1 24
$11.7M
$-319.0M
FCF Margin
BCO
BCO
IEP
IEP
Q4 25
-18.4%
Q3 25
5.8%
-2.5%
Q2 25
7.6%
Q1 25
-9.6%
-14.5%
Q4 24
24.3%
6.1%
Q3 24
0.6%
-4.0%
Q2 24
-9.8%
37.6%
Q1 24
0.9%
-12.9%
Capex Intensity
BCO
BCO
IEP
IEP
Q4 25
3.5%
2.8%
Q3 25
3.3%
3.0%
Q2 25
4.0%
4.1%
Q1 25
4.7%
4.7%
Q4 24
5.0%
3.4%
Q3 24
4.1%
2.1%
Q2 24
4.5%
3.0%
Q1 24
4.2%
2.8%
Cash Conversion
BCO
BCO
IEP
IEP
Q4 25
-421.00×
Q3 25
3.36×
0.05×
Q2 25
Q1 25
-1.17×
Q4 24
9.61×
Q3 24
2.02×
-2.45×
Q2 24
-1.43×
Q1 24
1.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCO
BCO

Segment breakdown not available.

IEP
IEP

Public Utilities Inventory Petroleum Products$1.6B61%
Other$381.0M14%
Automotive Services$345.0M13%
Nitrogen Fertilizer Products$131.0M5%
Food Packaging Segment$82.0M3%
Home Fashion Segment$45.0M2%
Renewable Products$32.0M1%
Pharma Segment$23.0M1%
Holding Company$11.0M0%

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