VTOL · Bristow Group Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.49B | $1.42B | $1.26B | $1.19B | $1.18B | $200.92M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $174.12M | $175.55M | $181.75M | $159.06M | $153.27M | - |
| Total Operating Expenses | $1.35B | $1.29B | $1.24B | $1.16B | $1.18B | - |
| D&A | $70.27M | $68.29M | $70.61M | $74.98M | $70.08M | - |
| Operating Income | $158.81M | $132.61M | $18.01M | ($4.42M) | ($56.64M) | - |
| Interest Expense | $39.92M | $37.58M | $41.42M | $41.52M | $113.50M | - |
| Income Tax | $21.81M | $7.19M | $24.93M | $11.29M | ($355.0K) | - |
| Net Income | $129.07M | $94.80M | ($6.78M) | ($15.79M) | ($56.09M) | ($152.51M) |
| EPS - Basic | $4.47 | $3.32 | $0.33 | ($0.55) | $3.12 | ($14.49) |
| EPS - Diluted | $4.32 | $3.21 | $0.32 | ($0.55) | $2.32 | ($14.49) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $286.21M | $247.50M | $180.26M | $160.03M | $228.01M | - |
| Accounts Receivable | - | - | $208.42M | - | - | - |
| Inventory | $132.73M | $114.51M | $99.86M | $81.89M | $92.18M | - |
| Accounts Payable | $86.29M | $83.46M | $87.89M | $89.61M | $69.54M | $52.11M |
| Current Assets | $694.29M | $619.46M | $563.58M | $493.13M | $585.75M | - |
| Total Assets | $2.31B | $2.13B | $1.94B | $1.81B | $1.99B | - |
| Current Liabilities | $365.23M | $325.90M | $309.79M | $285.59M | $305.12M | - |
| Long-term Debt | $643.51M | $671.17M | $534.82M | $499.76M | $527.53M | - |
| Total Liabilities | $1.25B | $1.23B | $1.11B | $1.03B | $1.09B | - |
| Stockholders' Equity | $1.06B | $891.71M | $823.69M | $787.31M | $897.61M | $426.49M |
| Retained Earnings | $441.74M | $312.76M | $217.97M | $224.75M | $227.01M | - |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $198.41M | $177.42M | $32.04M | $123.85M | $96.84M | - |
| Investing Cash Flow | ($87.33M) | ($245.95M) | ($51.98M) | ($17.37M) | $173.27M | - |
| Financing Cash Flow | ($66.05M) | $141.10M | $22.04M | ($63.48M) | ($245.62M) | - |
| CapEx | $142.02M | $255.39M | $81.51M | $31.07M | $14.84M | - |
| Free Cash Flow | $56.38M | ($77.97M) | ($49.47M) | $92.79M | $82.00M | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 10.7% | 9.4% | 1.4% | -0.4% | -4.8% | - |
| EBITDA margin | 15.4% | 14.2% | 7.0% | 6.0% | 1.1% | - |
| Net margin | 8.7% | 6.7% | -0.5% | -1.3% | -4.8% | -75.9% |
| Free cash flow margin | 3.8% | -5.5% | -3.9% | 7.8% | 7.0% | - |
| FCF / Net income | 0.44 | -0.82 | 7.30 | -5.88 | -1.46 | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 11.7% | 12.4% | 14.4% | 13.4% | 13.0% | - |
| Effective tax rate | 14.5% | 7.1% | 137.4% | - | - | - |
| Return on assets | 5.6% | 4.5% | -0.3% | -0.9% | -2.8% | - |
| Return on equity | 12.2% | 10.6% | -0.8% | -2.0% | -6.2% | -35.8% |
| Return on invested capital | 8.0% | 7.9% | 0.7% | -0.3% | -3.1% | - |
| Liquidity | ||||||
| Current ratio | 1.90 | 1.90 | 1.82 | 1.73 | 1.92 | - |
| Quick ratio | 1.54 | 1.55 | 1.50 | 1.44 | 1.62 | - |
| Cash ratio | 0.78 | 0.76 | 0.58 | 0.56 | 0.75 | - |
| Leverage | ||||||
| Debt / Equity | 0.61 | 0.75 | 0.65 | 0.63 | 0.59 | - |
| Debt / Assets | 0.28 | 0.32 | 0.28 | 0.28 | 0.26 | - |
| Debt / EBITDA | 2.81 | 3.34 | 6.04 | 7.08 | 39.26 | - |
| Interest coverage | 4.0x | 3.5x | 0.4x | -0.1x | -0.5x | - |
| Equity multiplier | 2.18 | 2.38 | 2.35 | 2.30 | 2.22 | - |
| Liabilities / Assets | 0.54 | 0.58 | 0.58 | 0.57 | 0.55 | - |
| Efficiency | ||||||
| Asset turnover | 0.64 | 0.67 | 0.65 | 0.65 | 0.59 | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | 60d | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 8.5x | 10.7x | 88.3x | - | 13.7x | - |
| P / B | 1.0x | 1.1x | 1.0x | 1.0x | 1.1x | - |
| P / S | 0.7x | 0.7x | 0.6x | 0.7x | 0.9x | - |
| EV / EBITDA | 6.3x | 7.2x | 13.1x | 15.8x | 96.9x | - |
| Growth | ||||||
| Revenue growth (YoY) | 5.3% | 12.0% | 6.6% | 0.6% | 486.3% | -85.3% |
| Revenue CAGR (3y) | 7.9% | 6.3% | 84.6% | -4.7% | -6.3% | -4.6% |
| Revenue CAGR (5y) | 49.3% | 0.7% | -2.5% | 38.6% | 36.7% | -6.5% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 19.8% | 636.2% | - | 92.2% | - | - |
| Net income growth (YoY) | 36.2% | - | 57.1% | 71.8% | 63.2% | 54.7% |
| EPS growth (YoY) | 34.6% | 903.1% | - | - | - | -53.8% |
| EPS CAGR (3y) | - | 11.4% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | -57.6% | - | 13.2% | - | - |
| FCF CAGR (5y) | - | - | - | 94.6% | 33.5% | - |
| Book value growth (YoY) | 18.8% | 8.3% | 4.6% | -12.3% | 110.5% | -47.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.49B totalOffshore Energy Services$990.48M · 66.5%
Government Services$379.44M · 25.5%
All Other Segments$120.59M · 8.1%
Geographic
$1.49B totalGB$412.02M · 27.6%
Other Countries$363.93M · 24.4%
NO$276.30M · 18.5%
US$246.56M · 16.5%
NG$191.70M · 12.9%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.48
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Air Transportation, Nonscheduled
Comparing Bristow Group Inc. against the 5 most active filers in the same SIC group.
Dividends
$0.25/share trailing 12 months
| Ex-date | Per share |
|---|---|
| May 15, 2026 | $0.1250 |
| Mar 13, 2026 | $0.1250 |