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Side-by-side financial comparison of BRINKS CO (BCO) and RYDER SYSTEM INC (R), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

RYDER SYSTEM INC is the larger business by last-quarter revenue ($3.2B vs $1.4B, roughly 2.3× BRINKS CO). BRINKS CO runs the higher net margin — 4.9% vs 4.2%, a 0.8% gap on every dollar of revenue. On growth, BRINKS CO posted the faster year-over-year revenue change (9.1% vs -0.4%). Over the past eight quarters, BRINKS CO's revenue compounded faster (5.6% CAGR vs 1.2%).

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.

Ryder System, Inc. is an American transportation and logistics company, specializing in truck rental and leasing, fleet management, supply chain management, and transportation management. It also offers full-service leasing, rental and maintenance, used vehicle sales, transportation management, professional drivers, e-commerce fulfillment, and last-mile delivery services. The company is headquartered in Coral Gables, Florida, and operates in the United States and United Kingdom.

BCO vs R — Head-to-Head

Bigger by revenue
R
R
2.3× larger
R
$3.2B
$1.4B
BCO
Growing faster (revenue YoY)
BCO
BCO
+9.5% gap
BCO
9.1%
-0.4%
R
Higher net margin
BCO
BCO
0.8% more per $
BCO
4.9%
4.2%
R
Faster 2-yr revenue CAGR
BCO
BCO
Annualised
BCO
5.6%
1.2%
R

Income Statement — Q4 2025 vs Q4 2025

Metric
BCO
BCO
R
R
Revenue
$1.4B
$3.2B
Net Profit
$68.1M
$132.0M
Gross Margin
27.7%
Operating Margin
13.1%
5.6%
Net Margin
4.9%
4.2%
Revenue YoY
9.1%
-0.4%
Net Profit YoY
76.9%
-2.2%
EPS (diluted)
$1.62
$3.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
BCO
BCO
R
R
Q4 25
$1.4B
$3.2B
Q3 25
$1.3B
$3.2B
Q2 25
$1.3B
$3.2B
Q1 25
$1.2B
$3.1B
Q4 24
$1.3B
$3.2B
Q3 24
$1.3B
$3.2B
Q2 24
$1.3B
$3.2B
Q1 24
$1.2B
$3.1B
Net Profit
BCO
BCO
R
R
Q4 25
$68.1M
$132.0M
Q3 25
$36.3M
$138.0M
Q2 25
$43.7M
$131.0M
Q1 25
$51.6M
$98.0M
Q4 24
$38.5M
$135.0M
Q3 24
$28.9M
$142.0M
Q2 24
$46.2M
$127.0M
Q1 24
$49.3M
$85.0M
Gross Margin
BCO
BCO
R
R
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
R
R
Q4 25
13.1%
5.6%
Q3 25
11.4%
6.0%
Q2 25
10.3%
5.8%
Q1 25
9.6%
4.3%
Q4 24
8.3%
5.7%
Q3 24
8.9%
5.9%
Q2 24
9.3%
5.6%
Q1 24
9.8%
3.7%
Net Margin
BCO
BCO
R
R
Q4 25
4.9%
4.2%
Q3 25
2.7%
4.4%
Q2 25
3.4%
4.1%
Q1 25
4.1%
3.1%
Q4 24
3.0%
4.2%
Q3 24
2.3%
4.5%
Q2 24
3.7%
4.0%
Q1 24
4.0%
2.7%
EPS (diluted)
BCO
BCO
R
R
Q4 25
$1.62
$3.22
Q3 25
$0.86
$3.32
Q2 25
$1.03
$3.13
Q1 25
$1.18
$2.27
Q4 24
$0.87
$3.09
Q3 24
$0.65
$3.24
Q2 24
$1.02
$2.84
Q1 24
$1.09
$1.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
BCO
BCO
R
R
Cash + ST InvestmentsLiquidity on hand
$1.7B
$198.0M
Total DebtLower is stronger
$4.0B
$6.8B
Stockholders' EquityBook value
$277.7M
$3.1B
Total Assets
$7.3B
$16.4B
Debt / EquityLower = less leverage
14.31×
2.24×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
BCO
BCO
R
R
Q4 25
$1.7B
$198.0M
Q3 25
$1.3B
$189.0M
Q2 25
$1.4B
$180.0M
Q1 25
$1.2B
$151.0M
Q4 24
$1.4B
$154.0M
Q3 24
$1.2B
$162.0M
Q2 24
$1.2B
$164.0M
Q1 24
$1.1B
$234.0M
Total Debt
BCO
BCO
R
R
Q4 25
$4.0B
$6.8B
Q3 25
$3.8B
$7.3B
Q2 25
$3.9B
$7.0B
Q1 25
$3.7B
$6.7B
Q4 24
$3.7B
$6.7B
Q3 24
$3.7B
$6.6B
Q2 24
$3.6B
$6.5B
Q1 24
$3.4B
$6.8B
Stockholders' Equity
BCO
BCO
R
R
Q4 25
$277.7M
$3.1B
Q3 25
$268.5M
$3.1B
Q2 25
$254.6M
$3.1B
Q1 25
$205.8M
$3.0B
Q4 24
$184.9M
$3.1B
Q3 24
$277.1M
$3.1B
Q2 24
$320.5M
$3.1B
Q1 24
$396.4M
$3.1B
Total Assets
BCO
BCO
R
R
Q4 25
$7.3B
$16.4B
Q3 25
$7.0B
$16.5B
Q2 25
$7.1B
$16.5B
Q1 25
$6.6B
$16.4B
Q4 24
$6.6B
$16.7B
Q3 24
$6.7B
$16.5B
Q2 24
$6.6B
$16.4B
Q1 24
$6.7B
$16.5B
Debt / Equity
BCO
BCO
R
R
Q4 25
14.31×
2.24×
Q3 25
14.05×
2.35×
Q2 25
15.48×
2.27×
Q1 25
18.19×
2.21×
Q4 24
20.26×
2.14×
Q3 24
13.39×
2.17×
Q2 24
11.26×
2.09×
Q1 24
8.67×
2.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
BCO
BCO
R
R
Operating Cash FlowLast quarter
$749.0M
Free Cash FlowOCF − Capex
$344.0M
FCF MarginFCF / Revenue
10.8%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
3.5%
12.8%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
5.67×
TTM Free Cash FlowTrailing 4 quarters
$459.0M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
BCO
BCO
R
R
Q4 25
$749.0M
Q3 25
$122.1M
$442.0M
Q2 25
$752.0M
Q1 25
$-60.2M
$651.0M
Q4 24
$369.8M
$558.0M
Q3 24
$58.4M
$629.0M
Q2 24
$-66.1M
$552.0M
Q1 24
$63.9M
$526.0M
Free Cash Flow
BCO
BCO
R
R
Q4 25
$344.0M
Q3 25
$77.4M
$-85.0M
Q2 25
$63.0M
Q1 25
$-119.1M
$137.0M
Q4 24
$307.2M
$-201.0M
Q3 24
$7.4M
$30.0M
Q2 24
$-122.8M
$-87.0M
Q1 24
$11.7M
$-160.0M
FCF Margin
BCO
BCO
R
R
Q4 25
10.8%
Q3 25
5.8%
-2.7%
Q2 25
2.0%
Q1 25
-9.6%
4.4%
Q4 24
24.3%
-6.3%
Q3 24
0.6%
0.9%
Q2 24
-9.8%
-2.7%
Q1 24
0.9%
-5.2%
Capex Intensity
BCO
BCO
R
R
Q4 25
3.5%
12.8%
Q3 25
3.3%
16.6%
Q2 25
4.0%
21.6%
Q1 25
4.7%
16.4%
Q4 24
5.0%
23.8%
Q3 24
4.1%
18.9%
Q2 24
4.5%
20.1%
Q1 24
4.2%
22.1%
Cash Conversion
BCO
BCO
R
R
Q4 25
5.67×
Q3 25
3.36×
3.20×
Q2 25
5.74×
Q1 25
-1.17×
6.64×
Q4 24
9.61×
4.13×
Q3 24
2.02×
4.43×
Q2 24
-1.43×
4.35×
Q1 24
1.30×
6.19×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

BCO
BCO

Segment breakdown not available.

R
R

Fleet Management Solutions$1.5B46%
Dedicated Transportation Solutions$565.0M18%
Automotive Industry$351.0M11%
Consumer Packed Goods$291.0M9%
Industrialand Other$202.0M6%
CA$137.0M4%
Fuel Services$93.0M3%
MX$85.0M3%

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