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

Veralto is the larger business by last-quarter revenue ($1.4B vs $1.4B, roughly 1.0× BRINKS CO). Veralto runs the higher net margin — 17.9% vs 4.9%, a 12.9% gap on every dollar of revenue. On growth, BRINKS CO posted the faster year-over-year revenue change (9.1% vs 6.8%). Over the past eight quarters, Veralto's revenue compounded faster (6.8% CAGR vs 5.6%).

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.

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

BCO vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.0× larger
VLTO
$1.4B
$1.4B
BCO
Growing faster (revenue YoY)
BCO
BCO
+2.3% gap
BCO
9.1%
6.8%
VLTO
Higher net margin
VLTO
VLTO
12.9% more per $
VLTO
17.9%
4.9%
BCO
Faster 2-yr revenue CAGR
VLTO
VLTO
Annualised
VLTO
6.8%
5.6%
BCO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BCO
BCO
VLTO
VLTO
Revenue
$1.4B
$1.4B
Net Profit
$68.1M
$254.0M
Gross Margin
27.7%
60.1%
Operating Margin
13.1%
23.8%
Net Margin
4.9%
17.9%
Revenue YoY
9.1%
6.8%
Net Profit YoY
76.9%
12.9%
EPS (diluted)
$1.62
$1.02

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
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$1.4B
$1.4B
Q3 25
$1.3B
$1.4B
Q2 25
$1.3B
$1.3B
Q1 25
$1.2B
Q4 24
$1.3B
$1.3B
Q3 24
$1.3B
$1.3B
Q2 24
$1.3B
$1.3B
Net Profit
BCO
BCO
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$68.1M
$239.0M
Q3 25
$36.3M
$222.0M
Q2 25
$43.7M
$225.0M
Q1 25
$51.6M
Q4 24
$38.5M
$227.0M
Q3 24
$28.9M
$219.0M
Q2 24
$46.2M
$203.0M
Gross Margin
BCO
BCO
VLTO
VLTO
Q1 26
60.1%
Q4 25
27.7%
60.1%
Q3 25
25.8%
60.0%
Q2 25
24.9%
60.4%
Q1 25
24.6%
Q4 24
26.1%
59.6%
Q3 24
25.0%
59.6%
Q2 24
25.2%
60.1%
Operating Margin
BCO
BCO
VLTO
VLTO
Q1 26
23.8%
Q4 25
13.1%
23.2%
Q3 25
11.4%
22.8%
Q2 25
10.3%
24.2%
Q1 25
9.6%
Q4 24
8.3%
22.9%
Q3 24
8.9%
23.4%
Q2 24
9.3%
23.2%
Net Margin
BCO
BCO
VLTO
VLTO
Q1 26
17.9%
Q4 25
4.9%
17.0%
Q3 25
2.7%
16.2%
Q2 25
3.4%
16.9%
Q1 25
4.1%
Q4 24
3.0%
16.9%
Q3 24
2.3%
16.7%
Q2 24
3.7%
15.8%
EPS (diluted)
BCO
BCO
VLTO
VLTO
Q1 26
$1.02
Q4 25
$1.62
$0.95
Q3 25
$0.86
$0.89
Q2 25
$1.03
$0.90
Q1 25
$1.18
Q4 24
$0.87
$0.91
Q3 24
$0.65
$0.88
Q2 24
$1.02
$0.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCO
BCO
VLTO
VLTO
Q1 26
Q4 25
$1.7B
$1.8B
Q3 25
$1.3B
$1.6B
Q2 25
$1.4B
$1.2B
Q1 25
$1.2B
Q4 24
$1.4B
$1.1B
Q3 24
$1.2B
$1.3B
Q2 24
$1.2B
$1.0B
Total Debt
BCO
BCO
VLTO
VLTO
Q1 26
Q4 25
$4.0B
$2.7B
Q3 25
$3.8B
$2.7B
Q2 25
$3.9B
$2.6B
Q1 25
$3.7B
Q4 24
$3.7B
$2.6B
Q3 24
$3.7B
$2.6B
Q2 24
$3.6B
$2.6B
Stockholders' Equity
BCO
BCO
VLTO
VLTO
Q1 26
Q4 25
$277.7M
$2.8B
Q3 25
$268.5M
$2.7B
Q2 25
$254.6M
$2.3B
Q1 25
$205.8M
Q4 24
$184.9M
$2.0B
Q3 24
$277.1M
$2.0B
Q2 24
$320.5M
$1.7B
Total Assets
BCO
BCO
VLTO
VLTO
Q1 26
Q4 25
$7.3B
$7.4B
Q3 25
$7.0B
$7.2B
Q2 25
$7.1B
$6.6B
Q1 25
$6.6B
Q4 24
$6.6B
$6.4B
Q3 24
$6.7B
$6.3B
Q2 24
$6.6B
$5.9B
Debt / Equity
BCO
BCO
VLTO
VLTO
Q1 26
Q4 25
14.31×
0.94×
Q3 25
14.05×
1.01×
Q2 25
15.48×
1.14×
Q1 25
18.19×
Q4 24
20.26×
1.28×
Q3 24
13.39×
1.35×
Q2 24
11.26×
1.57×

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
VLTO
VLTO
Operating Cash FlowLast quarter
$182.0M
Free Cash FlowOCF − Capex
$170.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
3.5%
0.8%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCO
BCO
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$270.0M
Q3 25
$122.1M
$339.0M
Q2 25
$157.0M
Q1 25
$-60.2M
Q4 24
$369.8M
$285.0M
Q3 24
$58.4M
$224.0M
Q2 24
$-66.1M
$251.0M
Free Cash Flow
BCO
BCO
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$258.0M
Q3 25
$77.4M
$323.0M
Q2 25
$142.0M
Q1 25
$-119.1M
Q4 24
$307.2M
$263.0M
Q3 24
$7.4M
$215.0M
Q2 24
$-122.8M
$240.0M
FCF Margin
BCO
BCO
VLTO
VLTO
Q1 26
12.0%
Q4 25
18.4%
Q3 25
5.8%
23.6%
Q2 25
10.7%
Q1 25
-9.6%
Q4 24
24.3%
19.6%
Q3 24
0.6%
16.4%
Q2 24
-9.8%
18.6%
Capex Intensity
BCO
BCO
VLTO
VLTO
Q1 26
0.8%
Q4 25
3.5%
0.9%
Q3 25
3.3%
1.2%
Q2 25
4.0%
1.1%
Q1 25
4.7%
Q4 24
5.0%
1.6%
Q3 24
4.1%
0.7%
Q2 24
4.5%
0.9%
Cash Conversion
BCO
BCO
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.13×
Q3 25
3.36×
1.53×
Q2 25
0.70×
Q1 25
-1.17×
Q4 24
9.61×
1.26×
Q3 24
2.02×
1.02×
Q2 24
-1.43×
1.24×

Financial Flow Comparison

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

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