Bristow Group Inc (VTOL)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Mar 31, 2021 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,027,900 | 1,204,780 | 907,733 | 774,453 | 181,679 |
| Revenue | US$ in thousands | 1,297,430 | 1,209,970 | 1,185,200 | 1,178,060 | 226,059 |
| Gross profit margin | 79.23% | 99.57% | 76.59% | 65.74% | 80.37% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,027,900K ÷ $1,297,430K
= 79.23%
The gross profit margin of Bristow Group Inc has exhibited fluctuations over the past few years. In Dec 2019, the gross profit margin was 80.37%, showing a relatively strong performance. However, by Mar 2021, the margin declined to 65.74%, indicating a decrease in profitability.
Subsequently, there was a notable improvement in the gross profit margin by Mar 2022, reaching 76.59%. This positive trend continued into Dec 2022 with a significant increase to 99.57%, suggesting enhanced efficiency in generating profits from sales.
The most recent data available for Dec 2023 reflects a gross profit margin of 79.23%, which is lower than the peak observed in Dec 2022 but still higher compared to the earlier periods. This indicates that while there has been some variability in the gross profit margin, the company has managed to maintain a relatively healthy level of profitability in recent years.