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Side-by-side financial comparison of BRINKS CO (BCO) and Meritage Homes CORP (MTH). Click either name above to swap in a different company.

Meritage Homes CORP is the larger business by last-quarter revenue ($1.4B vs $1.4B, roughly 1.0× BRINKS CO). Meritage Homes CORP runs the higher net margin — 17.7% vs 4.9%, a 12.8% gap on every dollar of revenue. On growth, Meritage Homes CORP posted the faster year-over-year revenue change (10.5% vs 9.1%).

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.

Meritage Homes Corporation is a publicly traded American real estate development company that constructs a variety of single-family detached homes across the United States. It is the fifth largest home builder in the United States, based on 2023 home sales. The company also develops active adult communities and luxury real estate in Arizona.

BCO vs MTH — Head-to-Head

Bigger by revenue
MTH
MTH
1.0× larger
MTH
$1.4B
$1.4B
BCO
Growing faster (revenue YoY)
MTH
MTH
+1.5% gap
MTH
10.5%
9.1%
BCO
Higher net margin
MTH
MTH
12.8% more per $
MTH
17.7%
4.9%
BCO

Income Statement — Q4 FY2025 vs Q2 FY2022

Metric
BCO
BCO
MTH
MTH
Revenue
$1.4B
$1.4B
Net Profit
$68.1M
$250.1M
Gross Margin
27.7%
31.5%
Operating Margin
13.1%
23.5%
Net Margin
4.9%
17.7%
Revenue YoY
9.1%
10.5%
Net Profit YoY
76.9%
49.4%
EPS (diluted)
$1.62
$6.77

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
MTH
MTH
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.2B
Net Profit
BCO
BCO
MTH
MTH
Q4 25
$68.1M
Q3 25
$36.3M
Q2 25
$43.7M
Q1 25
$51.6M
Q4 24
$38.5M
Q3 24
$28.9M
Q2 24
$46.2M
Q1 24
$49.3M
Gross Margin
BCO
BCO
MTH
MTH
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
MTH
MTH
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 24
9.3%
Q1 24
9.8%
Net Margin
BCO
BCO
MTH
MTH
Q4 25
4.9%
Q3 25
2.7%
Q2 25
3.4%
Q1 25
4.1%
Q4 24
3.0%
Q3 24
2.3%
Q2 24
3.7%
Q1 24
4.0%
EPS (diluted)
BCO
BCO
MTH
MTH
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
MTH
MTH
Cash + ST InvestmentsLiquidity on hand
$1.7B
$272.1M
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$277.7M
$3.4B
Total Assets
$7.3B
$5.3B
Debt / EquityLower = less leverage
14.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCO
BCO
MTH
MTH
Q4 25
$1.7B
Q3 25
$1.3B
Q2 25
$1.4B
Q1 25
$1.2B
Q4 24
$1.4B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.1B
Total Debt
BCO
BCO
MTH
MTH
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
MTH
MTH
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
MTH
MTH
Q4 25
$7.3B
Q3 25
$7.0B
Q2 25
$7.1B
Q1 25
$6.6B
Q4 24
$6.6B
Q3 24
$6.7B
Q2 24
$6.6B
Q1 24
$6.7B
Debt / Equity
BCO
BCO
MTH
MTH
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
MTH
MTH
Operating Cash FlowLast quarter
$-219.0M
Free Cash FlowOCF − Capex
$-225.4M
FCF MarginFCF / Revenue
-16.0%
Capex IntensityCapex / Revenue
3.5%
0.5%
Cash ConversionOCF / Net Profit
-0.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCO
BCO
MTH
MTH
Q4 25
Q3 25
$122.1M
Q2 25
Q1 25
$-60.2M
Q4 24
$369.8M
Q3 24
$58.4M
Q2 24
$-66.1M
Q1 24
$63.9M
Free Cash Flow
BCO
BCO
MTH
MTH
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
BCO
BCO
MTH
MTH
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
BCO
BCO
MTH
MTH
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
BCO
BCO
MTH
MTH
Q4 25
Q3 25
3.36×
Q2 25
Q1 25
-1.17×
Q4 24
9.61×
Q3 24
2.02×
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.

MTH
MTH

Home Building$1.4B100%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$9.8M1%
Financial Service$5.1M0%
Land Closing$3.4M0%

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