vs

Side-by-side financial comparison of BRINKS CO (BCO) and ADVANCED DRAINAGE SYSTEMS, INC. (WMS). Click either name above to swap in a different company.

BRINKS CO is the larger business by last-quarter revenue ($1.4B vs $693.4M, roughly 2.0× ADVANCED DRAINAGE SYSTEMS, INC.). ADVANCED DRAINAGE SYSTEMS, INC. runs the higher net margin — 13.5% vs 4.9%, a 8.6% 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 3.0%).

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.

Advanced Drainage Systems, Inc. (ADS) is an American company that designs, manufactures and markets polypropylene and polyethylene pipes, plastic leach field chambers and systems, septic tanks and accessories, storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water filters and water separators. It is the largest maker of high-density polyethylene pipe in the United States. It is headquartered in Hilliard, Ohio. In 2020, 93% of the company's s...

BCO vs WMS — Head-to-Head

Bigger by revenue
BCO
BCO
2.0× larger
BCO
$1.4B
$693.4M
WMS
Growing faster (revenue YoY)
BCO
BCO
+8.7% gap
BCO
9.1%
0.4%
WMS
Higher net margin
WMS
WMS
8.6% more per $
WMS
13.5%
4.9%
BCO
Faster 2-yr revenue CAGR
BCO
BCO
Annualised
BCO
5.6%
3.0%
WMS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BCO
BCO
WMS
WMS
Revenue
$1.4B
$693.4M
Net Profit
$68.1M
$93.6M
Gross Margin
27.7%
37.4%
Operating Margin
13.1%
19.7%
Net Margin
4.9%
13.5%
Revenue YoY
9.1%
0.4%
Net Profit YoY
76.9%
15.3%
EPS (diluted)
$1.62
$1.19

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
WMS
WMS
Q4 25
$1.4B
$693.4M
Q3 25
$1.3B
$850.4M
Q2 25
$1.3B
$829.9M
Q1 25
$1.2B
$615.8M
Q4 24
$1.3B
$690.5M
Q3 24
$1.3B
$782.6M
Q2 24
$1.3B
$815.3M
Q1 24
$1.2B
$653.8M
Net Profit
BCO
BCO
WMS
WMS
Q4 25
$68.1M
$93.6M
Q3 25
$36.3M
$156.0M
Q2 25
$43.7M
$143.9M
Q1 25
$51.6M
$77.2M
Q4 24
$38.5M
$81.2M
Q3 24
$28.9M
$130.4M
Q2 24
$46.2M
$161.4M
Q1 24
$49.3M
$94.8M
Gross Margin
BCO
BCO
WMS
WMS
Q4 25
27.7%
37.4%
Q3 25
25.8%
40.0%
Q2 25
24.9%
39.8%
Q1 25
24.6%
36.7%
Q4 24
26.1%
35.0%
Q3 24
25.0%
37.6%
Q2 24
25.2%
40.8%
Q1 24
25.0%
38.5%
Operating Margin
BCO
BCO
WMS
WMS
Q4 25
13.1%
19.7%
Q3 25
11.4%
26.3%
Q2 25
10.3%
24.8%
Q1 25
9.6%
19.0%
Q4 24
8.3%
18.4%
Q3 24
8.9%
23.9%
Q2 24
9.3%
27.7%
Q1 24
9.8%
20.7%
Net Margin
BCO
BCO
WMS
WMS
Q4 25
4.9%
13.5%
Q3 25
2.7%
18.3%
Q2 25
3.4%
17.3%
Q1 25
4.1%
12.5%
Q4 24
3.0%
11.8%
Q3 24
2.3%
16.7%
Q2 24
3.7%
19.8%
Q1 24
4.0%
14.5%
EPS (diluted)
BCO
BCO
WMS
WMS
Q4 25
$1.62
$1.19
Q3 25
$0.86
$1.99
Q2 25
$1.03
$1.84
Q1 25
$1.18
$0.99
Q4 24
$0.87
$1.04
Q3 24
$0.65
$1.67
Q2 24
$1.02
$2.06
Q1 24
$1.09
$1.22

Balance Sheet & Financial Strength

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

Metric
BCO
BCO
WMS
WMS
Cash + ST InvestmentsLiquidity on hand
$1.7B
$1.0B
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$277.7M
$1.9B
Total Assets
$7.3B
$4.1B
Debt / EquityLower = less leverage
14.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCO
BCO
WMS
WMS
Q4 25
$1.7B
$1.0B
Q3 25
$1.3B
$812.9M
Q2 25
$1.4B
$638.3M
Q1 25
$1.2B
$463.3M
Q4 24
$1.4B
$488.9M
Q3 24
$1.2B
$613.0M
Q2 24
$1.2B
$541.6M
Q1 24
$1.1B
$490.2M
Total Debt
BCO
BCO
WMS
WMS
Q4 25
$4.0B
Q3 25
$3.8B
Q2 25
$3.9B
Q1 25
$3.7B
$1.3B
Q4 24
$3.7B
Q3 24
$3.7B
Q2 24
$3.6B
Q1 24
$3.4B
$1.3B
Stockholders' Equity
BCO
BCO
WMS
WMS
Q4 25
$277.7M
$1.9B
Q3 25
$268.5M
$1.8B
Q2 25
$254.6M
$1.7B
Q1 25
$205.8M
$1.5B
Q4 24
$184.9M
$1.5B
Q3 24
$277.1M
$1.4B
Q2 24
$320.5M
$1.3B
Q1 24
$396.4M
$1.2B
Total Assets
BCO
BCO
WMS
WMS
Q4 25
$7.3B
$4.1B
Q3 25
$7.0B
$4.1B
Q2 25
$7.1B
$3.9B
Q1 25
$6.6B
$3.7B
Q4 24
$6.6B
$3.6B
Q3 24
$6.7B
$3.5B
Q2 24
$6.6B
$3.4B
Q1 24
$6.7B
$3.3B
Debt / Equity
BCO
BCO
WMS
WMS
Q4 25
14.31×
Q3 25
14.05×
Q2 25
15.48×
Q1 25
18.19×
0.83×
Q4 24
20.26×
Q3 24
13.39×
Q2 24
11.26×
Q1 24
8.67×
1.11×

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
WMS
WMS
Operating Cash FlowLast quarter
$269.3M
Free Cash FlowOCF − Capex
$183.6M
FCF MarginFCF / Revenue
26.5%
Capex IntensityCapex / Revenue
3.5%
12.4%
Cash ConversionOCF / Net Profit
2.88×
TTM Free Cash FlowTrailing 4 quarters
$577.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCO
BCO
WMS
WMS
Q4 25
$269.3M
Q3 25
$122.1M
$234.9M
Q2 25
$275.0M
Q1 25
$-60.2M
$41.2M
Q4 24
$369.8M
$189.9M
Q3 24
$58.4M
$166.9M
Q2 24
$-66.1M
$183.4M
Q1 24
$63.9M
$17.7M
Free Cash Flow
BCO
BCO
WMS
WMS
Q4 25
$183.6M
Q3 25
$77.4M
$176.4M
Q2 25
$222.4M
Q1 25
$-119.1M
$-5.3M
Q4 24
$307.2M
$135.7M
Q3 24
$7.4M
$112.4M
Q2 24
$-122.8M
$125.7M
Q1 24
$11.7M
$-29.8M
FCF Margin
BCO
BCO
WMS
WMS
Q4 25
26.5%
Q3 25
5.8%
20.7%
Q2 25
26.8%
Q1 25
-9.6%
-0.9%
Q4 24
24.3%
19.7%
Q3 24
0.6%
14.4%
Q2 24
-9.8%
15.4%
Q1 24
0.9%
-4.6%
Capex Intensity
BCO
BCO
WMS
WMS
Q4 25
3.5%
12.4%
Q3 25
3.3%
6.9%
Q2 25
4.0%
6.3%
Q1 25
4.7%
7.6%
Q4 24
5.0%
7.9%
Q3 24
4.1%
7.0%
Q2 24
4.5%
7.1%
Q1 24
4.2%
7.3%
Cash Conversion
BCO
BCO
WMS
WMS
Q4 25
2.88×
Q3 25
3.36×
1.51×
Q2 25
1.91×
Q1 25
-1.17×
0.53×
Q4 24
9.61×
2.34×
Q3 24
2.02×
1.28×
Q2 24
-1.43×
1.14×
Q1 24
1.30×
0.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCO
BCO

Segment breakdown not available.

WMS
WMS

Reportable Segment Aggregation Before Other Operating Segment$557.3M80%
Other$85.5M12%
Pipe$35.5M5%
Allied Products And Other$15.0M2%

Related Comparisons