Bristow Group Inc (VTOL)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Mar 31, 2021 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 758,365 | 1,199,590 | 629,953 | 362,678 | -3,278 |
| Revenue | US$ in thousands | 1,297,430 | 1,209,970 | 1,185,200 | 1,178,060 | 226,059 |
| Operating profit margin | 58.45% | 99.14% | 53.15% | 30.79% | -1.45% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $758,365K ÷ $1,297,430K
= 58.45%
Bristow Group Inc's operating profit margin has shown fluctuations over the past few years. In December 2019, the company reported a negative operating profit margin of -1.45%, indicating that it was not generating sufficient operating income to cover its expenses. However, there has been a significant improvement in the operating profit margin since then.
In December 2022, Bristow Group Inc's operating profit margin spiked to 99.14%, representing a substantial increase in profitability. This could be attributed to improved cost management or increased revenue generation during that period.
Subsequently, in March 2021, the operating profit margin dropped to 30.79%, indicating a decline in profitability compared to the previous period. However, the company managed to bounce back in March 2022 with an operating profit margin of 53.15%, showing a positive trend in profitability.
By the end of December 2023, the operating profit margin stood at 58.45%, reflecting a healthy level of profitability. It is essential for investors and stakeholders to monitor these fluctuations in the operating profit margin to assess the company's efficiency in generating profits from its core operations.