Bristow Group Inc (VTOL)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,028,647 | 976,280 | 682,868 | 517,399 | 367,623 | 225,900 | 206,313 | 334,847 | 327,060 | 320,444 | 322,305 | 191,809 | 196,820 | 205,055 | 196,302 | 200,265 | 172,729 | -826,276 | -834,085 | -860,894 |
| Revenue (ttm) | US$ in thousands | 1,415,491 | 1,399,899 | 1,372,867 | 1,332,501 | 1,297,429 | 1,273,057 | 1,242,237 | 1,224,591 | 1,209,968 | 1,192,025 | 1,186,339 | 1,185,204 | 1,191,137 | 1,205,415 | 1,208,471 | 1,178,062 | 941,786 | 155,259 | 168,839 | 231,822 |
| Gross profit margin | 72.67% | 69.74% | 49.74% | 38.83% | 28.33% | 17.74% | 16.61% | 27.34% | 27.03% | 26.88% | 27.17% | 16.18% | 16.52% | 17.01% | 16.24% | 17.00% | 18.34% | -532.19% | -494.01% | -371.36% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,028,647K ÷ $1,415,491K
= 72.67%
The gross profit margin of Bristow Group Inc shows a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The company experienced negative gross profit margins in the initial quarters, implying that its cost of goods sold exceeded its revenues during those periods. However, in the later quarters, the gross profit margin improved significantly, transitioning from negative figures to positive percentages.
Specifically, the gross profit margin progressed from a low of -532.19% in September 30, 2020, to reach a positive figure of 72.67% by December 31, 2024. This positive growth trend indicates that the company focused on enhancing its pricing strategies, managing its production costs, or increasing its revenues relative to costs.
Overall, the improving trend in Bristow Group Inc's gross profit margin suggests that the company may have addressed its cost structure, operational efficiency, or revenue generation capabilities to achieve healthier profit margins in the latter quarters of the analyzed period.