Bristow Group Inc (VTOL)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 94,797 | -6,780 | 18,037 | -15,791 | -15,713 |
Revenue | US$ in thousands | 1,415,490 | 1,297,430 | 1,230,090 | 1,185,200 | 1,185,200 |
Net profit margin | 6.70% | -0.52% | 1.47% | -1.33% | -1.33% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $94,797K ÷ $1,415,490K
= 6.70%
Based on the provided data, the net profit margin of Bristow Group Inc has fluctuated over the years.
- In December 2021 and March 2022, the net profit margin was negative at -1.33%, suggesting that the company incurred losses relative to its revenue during those periods. This could be indicative of operational challenges impacting profitability.
- In December 2022, the net profit margin improved to 1.47%, indicating that the company was able to generate a profit equivalent to 1.47% of its total revenue. This could signify better cost management or increased revenue streams.
- However, by December 2023, the net profit margin deteriorated to -0.52%, indicating a return to a negative profitability trend. This could be a concerning sign for stakeholders as the company struggled to maintain profitability.
- A significant turnaround occurred by December 2024, where the net profit margin surged to 6.70%. This sharp increase suggests improved operational efficiency, cost control, or a boost in revenue generation, resulting in a healthier profitability ratio.
Overall, Bristow Group Inc's net profit margin has depicted fluctuations, including periods of losses and profitability improvements. Stakeholders may closely monitor future financial performance to assess the company's ability to sustain and build on its profitability.