Bristow Group Inc (VTOL)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 129,536 | 60,751 | 46,761 | 629,953 | -17,561 |
| Revenue | US$ in thousands | 1,415,490 | 1,297,430 | 1,230,090 | 1,185,200 | 1,185,200 |
| Operating profit margin | 9.15% | 4.68% | 3.80% | 53.15% | -1.48% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $129,536K ÷ $1,415,490K
= 9.15%
The operating profit margin of Bristow Group Inc has shown varying trends over the years based on the provided data. As of December 31, 2021, the company had a negative operating profit margin of -1.48%, indicating that the operating expenses exceeded the operating income during that period.
However, there was a significant improvement in the operating profit margin by March 31, 2022, where it surged to 53.15%. This sharp increase suggests that the company was able to effectively control its operating expenses and generate higher profits from its core operations.
Subsequently, by December 31, 2022, the operating profit margin moderated to 3.80%, indicating a slight decline in profitability compared to the previous period. The company maintained this level of profitability into December 31, 2023, with an operating profit margin of 4.68%.
Notably, by December 31, 2024, Bristow Group Inc further improved its operating profit margin to 9.15%, suggesting continued efforts in managing operating expenses and enhancing operational efficiency.
Overall, the fluctuating operating profit margin of Bristow Group Inc reflects the company's ability to navigate operational challenges and implement strategies to improve profitability over the years. The positive trend in the operating profit margin indicates a strengthening financial performance and effective management of operational costs.