
Bristow Group Income Statement 2025-2011 | VTOL
Brief overview of revenue and earnings at Bristow Group
The conclusions below are based on five years of reported results. Revenue at Bristow Group moved from 1.4 billion dollars in 2019 to 1.4 billion dollars in 2024. The cumulative result was +3.3%, corresponding to roughly 0.7% per year. Sales changed only slightly and remained broadly flat.
The gross result shifted from $106 million to $1.1 billion, or +918.6%. Comparing the endpoints gives gross margins of 7.7% and 75.9%. Improving gross profitability strengthens the quality of revenue growth.
EBITDA changed from 71.6 million dollars to 201 million dollars (+180.7%). The operating result outpaced sales and points to improving efficiency. EBITDA margin was 5.2% at the start and 14.2% at the end. The company improved its ability to convert sales into EBITDA.
Across the five years, the net result shifted from −836 million dollars to 94.8 million dollars. The return to profit marks a meaningful recovery in the final result.
Summary assessment
The results present an uneven picture without one dominant signal. The constructive conclusion rests on positive operating leverage, a stronger gross margin and improving net profitability. The most visible risks are limited revenue growth. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Bristow Group
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
1.28 B | 1.08 B | 720 M | 805 M | 907 M | 148 M | 731 M | 617 M | 446 M | 107 M | 62 M | 452 M | 593 M | - | - |
Shares |
28.9 M | 28.5 M | 28.1 M | 28.1 M | 28.6 M | 5.64 M | 35.9 M | 35.3 M | 20.8 M | 6.78 M | 6.76 M | 20.1 M | 20.1 M | - | - |
Historical Prices |
44.2 | 38 | 25.6 | 28.7 | 31.7 | 26.3 | 20.3 | 17.5 | 21.5 | 33.9 | 22.3 | 42.3 | 61.7 | - | - |
Net Income |
129 M | 94.8 M | -6.78 M | 13.5 M | -11.5 M | 139 M | -836 M | -195 M | -28.2 M | -7.98 M | 8.7 M | 17.1 M | 18.7 M | - | - |
Revenue |
- | 1.42 B | 1.3 B | 923 M | 1.18 B | - | 1.37 B | 222 M | 231 M | 247 M | 282 M | 331 M | 299 M | - | - |
Cost of Revenue |
- | 341 M | 324 M | 220 M | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | 106 M | 70.2 M | 63.9 M | 77.4 M | 110 M | 127 M | 299 M | - | - |
Operating Income |
159 M | 133 M | 60.8 M | 29.9 M | - | - | 710 K | -5.63 M | -136 M | -3.37 M | 24.3 M | 42.7 M | 46.2 M | 32.1 M | 36.1 M |
Interest Expense |
23 M | -1.86 M | -9.97 M | 20.3 M | 51.3 M | 23 M | 129 M | -2.96 M | 16.8 M | 17.3 M | 13.5 M | 14.8 M | 18 M | 10.6 M | 1.38 M |
EBITDA |
229 M | 201 M | 131 M | 79.5 M | 70.1 M | 28.2 M | 71.6 M | 118 M | -90.7 M | 46.5 M | 73.2 M | 90.1 M | 65.1 M | - | - |
Operating Expenses |
- | - | - | - | - | - | 182 M | 41.9 M | 200 M | 80.2 M | 84.4 M | 44 M | 253 M | - | - |
General and Administrative Expenses |
- | 176 M | 182 M | 123 M | 153 M | - | 182 M | 45.1 M | 42.1 M | 36.2 M | 42.8 M | 44 M | - | - | - |
All numbers in USD currency
Quarterly Income Statement Bristow Group
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
28.9 M | 28.8 M | 28.7 M | 28.6 M | 28.6 M | 28.5 M | 28.3 M | 28.3 M | 28.2 M | 28.1 M | 28 M | 28 M | 28 M | 28.3 M | 28.2 M | 28.2 M | 28.2 M | 28.7 M | 29.7 M | 28.9 M | 29.8 M | 11.1 M | 20.7 M | 21.3 M | 35.9 M | 35.9 M | 21.3 M | 21.8 M | 21.2 M | 21.2 M | 21 M | 21.3 M | 20.8 M | 20.8 M | 20.5 M | 20.9 M | 20.4 M | 20.4 M | 20.2 M | 20.5 M | 20.3 M | 20.3 M | 20.2 M | 20.4 M | 20.1 M | 20.1 M | 20 M | 20.2 M | 19.9 M | 20.1 M | 21.5 M | - | 24.5 M | 24.5 M | 24.5 M | - | - | - | - |
Net Income |
51.5 M | 31.7 M | 27.4 M | - | 28.2 M | 28.2 M | 6.6 M | - | 4.32 M | -1.64 M | -1.52 M | - | 16.5 M | 3.99 M | -4.31 M | -56 K | 2.78 M | -14.2 M | - | -57.1 M | -27.9 M | 71.5 M | -7.29 M | -85.7 M | -163 M | -169 M | -6.08 M | -5.95 M | 31.3 M | -10.4 M | -1.19 M | 61.5 M | -81.4 M | -2.79 M | -5.62 M | -5.65 M | -560 K | 1.94 M | -3.82 M | -3.62 M | 861 K | 11.3 M | -42 K | 3.14 M | 4.27 M | 5.22 M | 4.44 M | 1.68 M | 5.2 M | 5.06 M | 6.69 M | 3.53 M | 5.2 M | 3.65 M | -4.63 M | - | - | - | - |
Revenue |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 296 M | 898 M | 602 M | - | 310 M | 310 M | 305 M | 112 K | 330 M | 318 M | 333 M | 157 K | 52 M | 614 K | 248 K | - | 57.5 M | - | - | 54.5 M | 56.3 M | 65 M | 63.4 M | 62.6 M | 73.9 M | 69.7 M | 70.7 M | 67.4 M | 74.7 M | 90.5 M | 86.6 M | 79.4 M | 76 M | 81 M | 74.2 M | 67.7 M | 70.9 M | 78 M | 63 M | 61.1 M | - | - | - | - |
Operating Income |
50.5 M | 42.6 M | 33.5 M | - | 33.2 M | 44.8 M | 22.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.74 M | 710 K | 1.69 M | -1.82 M | -3.85 M | -5.63 M | 41.6 M | -9.52 M | 1.65 M | -8.36 M | -123 M | -276 K | -5.06 M | -1.42 M | 2.37 M | -3.51 M | -805 K | 4.78 M | 5.12 M | 8.54 M | 5.85 M | 7.44 M | 11.6 M | 13.6 M | 10.1 M | 9.56 M | 11.2 M | 10.8 M | 14.6 M | 9.72 M | 11.1 M | 7.4 M | 3.83 M | - | - | - | - |
Interest Expense |
-3.09 M | 17.6 M | 11.4 M | - | 10.6 M | -83 K | -6.2 M | - | 4.84 M | -13 M | 10.3 M | - | 10 M | 10.2 M | 10.2 M | 10.2 M | 10.4 M | 10.6 M | - | 13.2 M | 13.4 M | 12.5 M | 3.44 M | 9.67 M | 22.7 M | 26.7 M | 3.46 M | - | 3.55 M | 3.52 M | 4.58 M | - | 4.1 M | 3.93 M | 3.59 M | - | 4 M | 4.13 M | 4.75 M | - | 3.12 M | 2.88 M | 3.54 M | - | 3.63 M | 3.84 M | 3.75 M | - | 4.39 M | 4.61 M | 4.73 M | - | 2.54 M | 2.38 M | 1.97 M | - | - | - | - |
EBITDA |
68.3 M | 60 M | 50.4 M | - | 50.8 M | 61.6 M | 40 M | - | - | - | - | - | 16.1 M | 16.5 M | 16.9 M | 17.2 M | 17.6 M | 23.2 M | - | 17.9 M | 18.5 M | 16.4 M | 5.77 M | 12.6 M | 33 M | 29.5 M | 5.6 M | -5.63 M | 51.1 M | 593 K | 12 M | -8.36 M | -111 M | 11.7 M | 6.5 M | -1.42 M | 14.9 M | 9.18 M | 12 M | 4.78 M | 17.3 M | 19.9 M | 17.5 M | 7.44 M | 23.3 M | 25 M | 21.4 M | 9.56 M | 22.5 M | 22.2 M | 26.3 M | 9.72 M | 22 M | 17.9 M | 13.5 M | - | - | - | - |
General and Administrative Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 41 M | 117 M | 76.5 M | - | 37.6 M | 37.9 M | 39.3 M | 12.7 M | 25.4 M | 9.14 M | 8.9 M | 8.88 M | - | 8.84 M | 14.8 M | 12.1 M | - | 10.9 M | 9.9 M | 10.4 M | - | 9.5 M | 8.14 M | 9.23 M | - | 11.2 M | 10.8 M | 9.74 M | - | 12.9 M | 10.1 M | 11.3 M | - | 9.68 M | 9.54 M | 9.13 M | - | 10.3 M | 7.2 M | 9.68 M | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Bristow Group (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.