This page shows Bristow Group Inc (VTOL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Bristow Group Inc has an operating margin of 10.7%, meaning the company retains $11 of operating profit per $100 of revenue. This results in a moderate score of 46/100, indicating healthy but not exceptional operating efficiency. This is up from 9.4% the prior year.
Bristow Group Inc's revenue grew 5.3% year-over-year to $1.5B, a solid pace of expansion. This earns a growth score of 42/100.
Bristow Group Inc carries a low D/E ratio of 0.61, meaning only $0.61 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.
Bristow Group Inc's current ratio of 1.90 indicates adequate short-term liquidity, earning a score of 34/100. The company can meet its near-term obligations, though with limited headroom.
Bristow Group Inc has a free cash flow margin of 3.8%, earning a moderate score of 34/100. The company generates positive cash flow after capital investments, but with room for improvement.
Bristow Group Inc's ROE of 12.2% shows moderate profitability relative to equity, earning a score of 38/100. This is up from 10.6% the prior year.
Bristow Group Inc scores 1.97, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Bristow Group Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Bristow Group Inc generates $1.54 in operating cash flow ($198.4M OCF vs $129.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Bristow Group Inc earns $4.0 in operating income for every $1 of interest expense ($158.8M vs $39.9M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Bristow Group Inc generated $1.5B in revenue in fiscal year 2025. This represents an increase of 5.3% from the prior year.
Bristow Group Inc's EBITDA was $229.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 14.0% from the prior year.
Bristow Group Inc reported $129.1M in net income in fiscal year 2025. This represents an increase of 36.2% from the prior year.
Bristow Group Inc earned $4.32 per diluted share (EPS) in fiscal year 2025. This represents an increase of 34.6% from the prior year.
Cash & Balance Sheet
Bristow Group Inc generated $56.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 172.3% from the prior year.
Bristow Group Inc held $286.2M in cash against $643.5M in long-term debt as of fiscal year 2025.
Bristow Group Inc had 29M shares outstanding in fiscal year 2025. This represents an increase of 1.9% from the prior year.
Margins & Returns
Bristow Group Inc's operating margin was 10.7% in fiscal year 2025, reflecting core business profitability. This is up 1.3 percentage points from the prior year.
Bristow Group Inc's net profit margin was 8.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.0 percentage points from the prior year.
Bristow Group Inc's ROE was 12.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.6 percentage points from the prior year.
Capital Allocation
Bristow Group Inc spent $15.2M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 275.3% from the prior year.
Bristow Group Inc invested $142.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 44.4% from the prior year.
VTOL Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $377.3M-2.3% | $386.3M+2.6% | $376.4M+7.4% | $350.5M-0.8% | $353.5M-3.2% | $365.1M+1.5% | $359.7M+6.7% | $337.1M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $43.4M+0.5% | $43.2M-2.6% | $44.4M+3.0% | $43.1M-2.9% | $44.4M+3.4% | $42.9M-4.5% | $44.9M+3.7% | $43.3M |
| Operating Income | $32.1M-36.5% | $50.5M+18.5% | $42.6M+27.1% | $33.5M+5.5% | $31.8M-4.2% | $33.2M-25.8% | $44.8M+96.1% | $22.8M |
| Interest Expense | $10.4M+4.7% | $10.0M-0.7% | $10.0M+5.7% | $9.5M+4.7% | $9.1M-6.2% | $9.7M+2.9% | $9.4M-0.9% | $9.5M |
| Income Tax | $3.0M+125.6% | -$11.8M-157.9% | $20.4M+100.8% | $10.2M+178.6% | -$13.0M-254.3% | $8.4M-9.2% | $9.2M+268.6% | $2.5M |
| Net Income | $18.4M-64.3% | $51.5M+62.4% | $31.7M+16.0% | $27.4M-13.9% | $31.8M+12.6% | $28.2M+0.3% | $28.2M+326.3% | $6.6M |
| EPS (Diluted) | N/A | $1.72+60.7% | $1.07+16.3% | $0.92 | N/A | $0.95-1.0% | $0.96+317.4% | $0.23 |
VTOL Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.3B+1.8% | $2.3B-0.8% | $2.3B+5.3% | $2.2B+2.2% | $2.1B+1.8% | $2.1B+5.6% | $2.0B+3.2% | $1.9B |
| Current Assets | $694.3M+2.4% | $678.3M+1.2% | $670.2M+9.0% | $615.0M-0.7% | $619.5M+4.2% | $594.4M+4.2% | $570.6M+8.8% | $524.4M |
| Cash & Equivalents | $286.2M+16.6% | $245.5M-2.5% | $251.8M+31.7% | $191.1M-22.8% | $247.5M+23.5% | $200.3M+12.2% | $178.6M+27.0% | $140.6M |
| Inventory | $132.7M-2.0% | $135.4M-0.1% | $135.6M+10.3% | $122.9M+7.4% | $114.5M+2.8% | $111.4M+8.0% | $103.1M+0.7% | $102.4M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.3B+1.5% | $1.2B-5.4% | $1.3B+5.1% | $1.2B+0.6% | $1.2B+3.7% | $1.2B+5.4% | $1.1B+3.0% | $1.1B |
| Current Liabilities | $365.2M+2.8% | $355.3M-4.3% | $371.1M+10.9% | $334.7M+2.7% | $325.9M+0.5% | $324.2M+5.9% | $306.1M+0.9% | $303.4M |
| Long-Term Debt | $643.5M-1.4% | $652.8M-4.1% | $680.4M-0.3% | $682.8M+1.7% | $671.2M+9.6% | $612.2M+5.9% | $578.3M+8.9% | $530.9M |
| Total Equity | $1.1B+2.2% | $1.0B+5.3% | $984.4M+5.7% | $931.7M+4.5% | $891.7M-0.8% | $899.2M+5.9% | $849.1M+3.5% | $820.7M |
| Retained Earnings | $441.7M+4.4% | $423.3M+13.9% | $371.8M+9.3% | $340.1M+8.7% | $312.8M+11.3% | $281.0M+11.2% | $252.7M+12.5% | $224.6M |
VTOL Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $76.9M+233.6% | $23.1M-76.7% | $99.0M+16524.4% | -$603K-101.2% | $51.1M-22.7% | $66.0M+96.1% | $33.7M+26.2% | $26.7M |
| Capital Expenditures | $29.1M-0.3% | $29.2M-7.6% | $31.6M-39.3% | $52.1M-37.6% | $83.5M+46.5% | $57.0M+13.2% | $50.4M-22.0% | $64.6M |
| Free Cash Flow | $47.8M+875.9% | -$6.2M-109.1% | $67.4M+228.0% | -$52.7M-62.4% | -$32.4M-459.0% | $9.0M+154.1% | -$16.7M+55.9% | -$37.9M |
| Investing Cash Flow | -$27.1M-4509.5% | -$589K+92.2% | -$7.6M+85.5% | -$52.0M+33.7% | -$78.5M-37.9% | -$56.9M-23.9% | -$46.0M+28.8% | -$64.6M |
| Financing Cash Flow | -$10.1M+64.2% | -$28.2M-8.0% | -$26.1M-1439.3% | -$1.7M-102.2% | $77.8M+296.2% | $19.6M-59.7% | $48.7M+1053.9% | -$5.1M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $6.1M+847.6% | $641K-89.3% | $6.0M+140.6% | $2.5M | $0-100.0% | $128K-95.6% | $2.9M+186.4% | $1.0M |
VTOL Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 8.5%-4.6pp | 13.1%+1.8pp | 11.3%+1.8pp | 9.6%+0.6pp | 9.0%-0.1pp | 9.1%-3.3pp | 12.4%+5.7pp | 6.8% |
| Net Margin | 4.9%-8.5pp | 13.3%+4.9pp | 8.4%+0.6pp | 7.8%-1.2pp | 9.0%+1.3pp | 7.7%-0.1pp | 7.8%+5.9pp | 2.0% |
| Return on Equity | 1.7%-3.2pp | 5.0%+1.7pp | 3.2%+0.3pp | 2.9%-0.6pp | 3.6%+0.4pp | 3.1%-0.2pp | 3.3%+2.5pp | 0.8% |
| Return on Assets | 0.8%-1.5pp | 2.3%+0.9pp | 1.4%+0.1pp | 1.3%-0.2pp | 1.5%+0.1pp | 1.4%-0.1pp | 1.4%+1.1pp | 0.3% |
| Current Ratio | 1.900.0 | 1.91+0.1 | 1.81-0.0 | 1.84-0.1 | 1.90+0.1 | 1.83-0.0 | 1.86+0.1 | 1.73 |
| Debt-to-Equity | 0.61-0.0 | 0.63-0.1 | 0.69-0.0 | 0.73-0.0 | 0.75+0.1 | 0.680.0 | 0.68+0.0 | 0.65 |
| FCF Margin | 12.7%+14.3pp | -1.6%-19.5pp | 17.9%+32.9pp | -15.0%-5.8pp | -9.2%-11.6pp | 2.5%+7.1pp | -4.6%+6.6pp | -11.2% |
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Frequently Asked Questions
What is Bristow Group Inc's annual revenue?
Bristow Group Inc (VTOL) reported $1.5B in total revenue for fiscal year 2025. This represents a 5.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Bristow Group Inc's revenue growing?
Bristow Group Inc (VTOL) revenue grew by 5.3% year-over-year, from $1.4B to $1.5B in fiscal year 2025.
Is Bristow Group Inc profitable?
Yes, Bristow Group Inc (VTOL) reported a net income of $129.1M in fiscal year 2025, with a net profit margin of 8.7%.
What is Bristow Group Inc's EBITDA?
Bristow Group Inc (VTOL) had EBITDA of $229.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Bristow Group Inc have?
As of fiscal year 2025, Bristow Group Inc (VTOL) had $286.2M in cash and equivalents against $643.5M in long-term debt.
What is Bristow Group Inc's operating margin?
Bristow Group Inc (VTOL) had an operating margin of 10.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Bristow Group Inc's net profit margin?
Bristow Group Inc (VTOL) had a net profit margin of 8.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Bristow Group Inc's return on equity (ROE)?
Bristow Group Inc (VTOL) has a return on equity of 12.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Bristow Group Inc's free cash flow?
Bristow Group Inc (VTOL) generated $56.4M in free cash flow during fiscal year 2025. This represents a 172.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Bristow Group Inc's operating cash flow?
Bristow Group Inc (VTOL) generated $198.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Bristow Group Inc's total assets?
Bristow Group Inc (VTOL) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Bristow Group Inc's capital expenditures?
Bristow Group Inc (VTOL) invested $142.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Bristow Group Inc's current ratio?
Bristow Group Inc (VTOL) had a current ratio of 1.90 as of fiscal year 2025, which is generally considered healthy.
What is Bristow Group Inc's debt-to-equity ratio?
Bristow Group Inc (VTOL) had a debt-to-equity ratio of 0.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Bristow Group Inc's return on assets (ROA)?
Bristow Group Inc (VTOL) had a return on assets of 5.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Bristow Group Inc's Altman Z-Score?
Bristow Group Inc (VTOL) has an Altman Z-Score of 1.97, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Bristow Group Inc's Piotroski F-Score?
Bristow Group Inc (VTOL) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Bristow Group Inc's earnings high quality?
Bristow Group Inc (VTOL) has an earnings quality ratio of 1.54x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Bristow Group Inc cover its interest payments?
Bristow Group Inc (VTOL) has an interest coverage ratio of 4.0x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Bristow Group Inc?
Bristow Group Inc (VTOL) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.