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Side-by-side financial comparison of BRINKS CO (BCO) and HANOVER INSURANCE GROUP, INC. (THG). Click either name above to swap in a different company.

HANOVER INSURANCE GROUP, INC. is the larger business by last-quarter revenue ($1.7B vs $1.4B, roughly 1.2× BRINKS CO). HANOVER INSURANCE GROUP, INC. runs the higher net margin — 11.0% vs 4.9%, a 6.0% gap on every dollar of revenue. On growth, BRINKS CO posted the faster year-over-year revenue change (9.1% vs 6.1%). Over the past eight quarters, BRINKS CO's revenue compounded faster (5.6% CAGR vs 5.2%).

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.

The Hanover Insurance Group, Inc. is an insurance company based in Worcester, Massachusetts. It was the original name of a property-liability insurance firm established in 1852, and it remained a publicly traded company under that name until the early 1990s, when it changed its name to Allmerica Property & Casualty Companies.

BCO vs THG — Head-to-Head

Bigger by revenue
THG
THG
1.2× larger
THG
$1.7B
$1.4B
BCO
Growing faster (revenue YoY)
BCO
BCO
+3.0% gap
BCO
9.1%
6.1%
THG
Higher net margin
THG
THG
6.0% more per $
THG
11.0%
4.9%
BCO
Faster 2-yr revenue CAGR
BCO
BCO
Annualised
BCO
5.6%
5.2%
THG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BCO
BCO
THG
THG
Revenue
$1.4B
$1.7B
Net Profit
$68.1M
$186.8M
Gross Margin
27.7%
Operating Margin
13.1%
11.1%
Net Margin
4.9%
11.0%
Revenue YoY
9.1%
6.1%
Net Profit YoY
76.9%
45.7%
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
THG
THG
Q1 26
$1.7B
Q4 25
$1.4B
$1.7B
Q3 25
$1.3B
$1.7B
Q2 25
$1.3B
$1.7B
Q1 25
$1.2B
$1.6B
Q4 24
$1.3B
$1.6B
Q3 24
$1.3B
$1.6B
Q2 24
$1.3B
$1.5B
Net Profit
BCO
BCO
THG
THG
Q1 26
$186.8M
Q4 25
$68.1M
$198.5M
Q3 25
$36.3M
$178.7M
Q2 25
$43.7M
$157.1M
Q1 25
$51.6M
$128.2M
Q4 24
$38.5M
$167.9M
Q3 24
$28.9M
$102.1M
Q2 24
$46.2M
$40.5M
Gross Margin
BCO
BCO
THG
THG
Q1 26
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%
Operating Margin
BCO
BCO
THG
THG
Q1 26
11.1%
Q4 25
13.1%
17.3%
Q3 25
11.4%
14.9%
Q2 25
10.3%
12.7%
Q1 25
9.6%
11.6%
Q4 24
8.3%
16.1%
Q3 24
8.9%
9.6%
Q2 24
9.3%
6.2%
Net Margin
BCO
BCO
THG
THG
Q1 26
11.0%
Q4 25
4.9%
11.9%
Q3 25
2.7%
10.7%
Q2 25
3.4%
9.5%
Q1 25
4.1%
8.0%
Q4 24
3.0%
10.6%
Q3 24
2.3%
6.5%
Q2 24
3.7%
2.6%
EPS (diluted)
BCO
BCO
THG
THG
Q1 26
Q4 25
$1.62
$5.46
Q3 25
$0.86
$4.90
Q2 25
$1.03
$4.30
Q1 25
$1.18
$3.50
Q4 24
$0.87
$4.60
Q3 24
$0.65
$2.80
Q2 24
$1.02
$1.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BCO
BCO
THG
THG
Cash + ST InvestmentsLiquidity on hand
$1.7B
$243.5M
Total DebtLower is stronger
$4.0B
$843.8M
Stockholders' EquityBook value
$277.7M
$3.0B
Total Assets
$7.3B
$16.5B
Debt / EquityLower = less leverage
14.31×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCO
BCO
THG
THG
Q1 26
$243.5M
Q4 25
$1.7B
$1.1B
Q3 25
$1.3B
$915.7M
Q2 25
$1.4B
$244.1M
Q1 25
$1.2B
$315.1M
Q4 24
$1.4B
$435.5M
Q3 24
$1.2B
$427.1M
Q2 24
$1.2B
$337.6M
Total Debt
BCO
BCO
THG
THG
Q1 26
$843.8M
Q4 25
$4.0B
$843.3M
Q3 25
$3.8B
$843.0M
Q2 25
$3.9B
$347.8M
Q1 25
$3.7B
$722.5M
Q4 24
$3.7B
$722.3M
Q3 24
$3.7B
Q2 24
$3.6B
Stockholders' Equity
BCO
BCO
THG
THG
Q1 26
$3.0B
Q4 25
$277.7M
$3.6B
Q3 25
$268.5M
$3.4B
Q2 25
$254.6M
$3.2B
Q1 25
$205.8M
$3.0B
Q4 24
$184.9M
$2.8B
Q3 24
$277.1M
$2.9B
Q2 24
$320.5M
$2.6B
Total Assets
BCO
BCO
THG
THG
Q1 26
$16.5B
Q4 25
$7.3B
$16.9B
Q3 25
$7.0B
$16.8B
Q2 25
$7.1B
$15.7B
Q1 25
$6.6B
$15.5B
Q4 24
$6.6B
$15.3B
Q3 24
$6.7B
$15.4B
Q2 24
$6.6B
$14.9B
Debt / Equity
BCO
BCO
THG
THG
Q1 26
0.28×
Q4 25
14.31×
0.24×
Q3 25
14.05×
0.25×
Q2 25
15.48×
0.11×
Q1 25
18.19×
0.24×
Q4 24
20.26×
0.25×
Q3 24
13.39×
Q2 24
11.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCO
BCO

Segment breakdown not available.

THG
THG

Premiums earned$1.6B92%
Other$124.6M7%
Fees and other income$6.2M0%

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