Brinks Debt-to-Equity Ratio Growth & History (BCO)
Brinks's debt-to-equity ratio was 15.80 for fiscal 2025.
View full Brinks company overviewBrinks annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 15.80 | −6.48 | −29.08% |
| 2024 | 2024-12-31 | 22.28 | 12.88 | +137.04% |
| 2023 | 2023-12-31 | 9.40 | 1.14 | +13.76% |
| 2022 | 2022-12-31 | 8.26 | −18.49 | −69.12% |
| 2021 | 2021-12-31 | 26.75 | 4.75 | +21.57% |
| 2020 | 2020-12-31 | 22.00 | 11.97 | +119.36% |
| 2019 | 2019-12-31 | 10.03 | 0.04 | +0.43% |
| 2018 | 2018-12-31 | 9.99 | 6.20 | +163.57% |
| 2017 | 2017-12-31 | 3.79 | 2.96 | +355.51% |
| 2016 | 2016-12-31 | 0.83 | −0.43 | −34.12% |
| 2015 | 2015-12-31 | 1.26 | 1.26 | +134410.30% |
| 2014 | 2014-12-31 | 0.00 | −0.64 | −99.85% |
| 2013 | 2013-12-31 | 0.64 | −0.18 | −21.63% |
| 2012 | 2012-12-31 | 0.81 | −0.25 | −23.39% |
| 2011 | 2011-12-31 | 1.06 | 0.24 | +29.30% |
| 2010 | 2010-12-31 | 0.82 | 0.43 | +109.77% |
| 2009 | 2009-12-31 | 0.39 | — | — |
Brinks quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 14.67 | −2.75 | −15.79% |
| Q1 2026 | 2026-03-31 | 17.05 | −3.20 | −15.79% |
| Q4 2025 | 2025-12-31 | 15.80 | −6.48 | −29.08% |
| Q3 2025 | 2025-09-30 | 16.09 | 1.18 | +7.91% |
| Q2 2025 | 2025-06-30 | 17.42 | 4.92 | +39.36% |
| Q1 2025 | 2025-03-31 | 20.24 | 10.53 | +108.29% |
| Q4 2024 | 2024-12-31 | 22.28 | 12.88 | +137.04% |
| Q3 2024 | 2024-09-30 | 14.91 | 6.94 | +87.02% |
| Q2 2024 | 2024-06-30 | 12.50 | 5.60 | +81.06% |
| Q1 2024 | 2024-03-31 | 9.72 | 2.14 | +28.26% |
| Q4 2023 | 2023-12-31 | 9.40 | 1.14 | +13.76% |
| Q3 2023 | 2023-09-30 | 7.97 | −9.85 | −55.27% |
| Q2 2023 | 2023-06-30 | 6.90 | −7.31 | −51.42% |
| Q1 2023 | 2023-03-31 | 7.58 | −6.41 | −45.84% |
| Q4 2022 | 2022-12-31 | 8.26 | −18.49 | −69.12% |
| Q3 2022 | 2022-09-30 | 17.82 | −7.67 | −30.09% |
| Q2 2022 | 2022-06-30 | 14.21 | −3.70 | −20.65% |
| Q1 2022 | 2022-03-31 | 13.99 | −14.75 | −51.33% |
| Q4 2021 | 2021-12-31 | 26.75 | 4.75 | +21.57% |
| Q3 2021 | 2021-09-30 | 25.49 | −5.59 | −17.98% |
| Q2 2021 | 2021-06-30 | 17.91 | −6.82 | −27.56% |
| Q1 2021 | 2021-03-31 | 28.74 | −2.29 | −7.37% |
| Q4 2020 | 2020-12-31 | 22.00 | 11.97 | +119.36% |
| Q3 2020 | 2020-09-30 | 31.07 | 18.24 | +142.09% |
| Q2 2020 | 2020-06-30 | 24.73 | 13.48 | +119.81% |
| Q1 2020 | 2020-03-31 | 31.03 | 18.23 | +142.49% |
| Q4 2019 | 2019-12-31 | 10.03 | 0.04 | +0.43% |
| Q3 2019 | 2019-09-30 | 12.84 | 6.03 | +88.59% |
| Q2 2019 | 2019-06-30 | 11.25 | 5.74 | +104.20% |
| Q1 2019 | 2019-03-31 | 12.80 | 9.13 | +248.65% |
| Q4 2018 | 2018-12-31 | 9.99 | 6.20 | +163.57% |
| Q3 2018 | 2018-09-30 | 6.81 | 5.17 | +315.98% |
| Q2 2018 | 2018-06-30 | 5.51 | 4.10 | +289.92% |
| Q1 2018 | 2018-03-31 | 3.67 | 2.30 | +168.13% |
| Q4 2017 | 2017-12-31 | 3.79 | 2.96 | +355.51% |
| Q3 2017 | 2017-09-30 | 1.64 | 0.27 | +19.66% |
| Q2 2017 | 2017-06-30 | 1.41 | −0.04 | −2.76% |
| Q1 2017 | 2017-03-31 | 1.37 | −0.12 | −8.25% |
| Q4 2016 | 2016-12-31 | 0.83 | −0.43 | −34.12% |
| Q3 2016 | 2016-09-30 | 1.37 | 0.03 | +2.16% |
| Q2 2016 | 2016-06-30 | 1.45 | 0.19 | +15.12% |
| Q1 2016 | 2016-03-31 | 1.49 | 0.19 | +14.20% |
| Q4 2015 | 2015-12-31 | 1.26 | 1.26 | +134410.30% |
| Q3 2015 | 2015-09-30 | 1.34 | 0.55 | +69.24% |
| Q2 2015 | 2015-06-30 | 1.26 | 0.45 | +56.28% |
| Q1 2015 | 2015-03-31 | 1.31 | 0.55 | +73.36% |
| Q4 2014 | 2014-12-31 | 0.00 | −0.64 | −99.85% |
| Q3 2014 | 2014-09-30 | 0.79 | −0.24 | −22.94% |
| Q2 2014 | 2014-06-30 | 0.81 | −0.31 | −27.92% |
| Q1 2014 | 2014-03-31 | 0.75 | −0.32 | −29.97% |
| Q4 2013 | 2013-12-31 | 0.64 | −0.18 | −21.63% |
| Q3 2013 | 2013-09-30 | 1.03 | 0.13 | +14.77% |
| Q2 2013 | 2013-06-30 | 1.12 | 0.22 | +24.32% |
| Q1 2013 | 2013-03-31 | 1.08 | 0.14 | +14.49% |
| Q4 2012 | 2012-12-31 | 0.81 | −0.25 | −23.39% |
| Q3 2012 | 2012-09-30 | 0.89 | 0.08 | +9.55% |
| Q2 2012 | 2012-06-30 | 0.90 | 0.18 | +25.21% |
| Q1 2012 | 2012-03-31 | 0.94 | 0.20 | +27.56% |
| Q4 2011 | 2011-12-31 | 1.06 | 0.24 | +29.30% |
| Q3 2011 | 2011-09-30 | 0.82 | 0.29 | +55.62% |
| Q2 2011 | 2011-06-30 | 0.72 | 0.19 | +36.37% |
| Q1 2011 | 2011-03-31 | 0.74 | — | — |
| Q4 2010 | 2010-12-31 | 0.82 | 0.45 | +124.14% |
| Q3 2010 | 2010-09-30 | 0.52 | — | — |
| Q2 2010 | 2010-06-30 | 0.53 | — | — |
| Q4 2009 | 2009-12-31 | 0.37 | — | — |
Brinks debt-to-equity ratio trends
Over the last five fiscal years, Brinks's debt-to-equity ratio decreased from 22.00 to 15.80, a change of −6.20. The latest reported quarter, Q2 2026, shows 14.67.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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