Bristow Group Inc (VTOL)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Mar 31, 2021 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -6,780 | 9,215 | -15,791 | -56,094 | -3,593 |
| Revenue | US$ in thousands | 1,297,430 | 1,209,970 | 1,185,200 | 1,178,060 | 226,059 |
| Net profit margin | -0.52% | 0.76% | -1.33% | -4.76% | -1.59% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-6,780K ÷ $1,297,430K
= -0.52%
The net profit margin of Bristow Group Inc has fluctuated over the past five reporting periods. In the most recent period ending December 31, 2023, the net profit margin was -0.52%, indicating that the company experienced a net loss relative to its total revenue. This represents a decrease from the previous year's net profit margin of 0.76%.
Looking back further, the company also reported negative net profit margins in March 31, 2022 (-1.33%), March 31, 2021 (-4.76%), and December 31, 2019 (-1.59%). These negative margins suggest that Bristow Group Inc faced challenges generating profits in these periods relative to its total revenue.
Overall, the trend in net profit margin for Bristow Group Inc has been mixed, with periods of profitability and losses. It is important for the company to closely monitor and address the underlying factors affecting its profitability in order to improve its financial performance and ensure long-term sustainability.