Bristow Group Inc (VTOL)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 845,569 | 826,111 | 806,405 | 748,619 | 741,694 | 767,255 | 759,173 | 712,262 | 626,931 | 531,983 | 265,634 | 33,953 | -42,715 | -160,642 | -108,920 | -3,162 | -3,278 | -9,617 | 30,267 | 22,567 |
| Revenue (ttm) | US$ in thousands | 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 | 832,813 | 846,393 | 909,376 | 903,613 | 754,705 | 491,095 | 215,647 |
| Operating profit margin | 65.17% | 64.89% | 64.92% | 61.13% | 61.30% | 64.37% | 63.99% | 60.10% | 52.63% | 44.13% | 21.98% | 2.88% | -4.54% | -19.29% | -12.87% | -0.35% | -0.36% | -1.27% | 6.16% | 10.46% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $845,569K ÷ $1,297,429K
= 65.17%
The operating profit margin of Bristow Group Inc has shown fluctuating trends over the past few quarters. There was a noticeable improvement in the operating profit margins from the end of 2022 to the second quarter of 2023, with margins ranging from 61.30% to 64.92%. However, in the first quarter of 2023, there was a dip to 61.13%.
The operating profit margin significantly improved from negative values in the fourth quarter of 2021 and the first quarter of 2022 to positive values reaching above 60% in the second and third quarters of 2022. This indicated a substantial recovery in profitability.
In the preceding periods, especially in 2020 and 2021, the operating profit margin was negative or relatively low, which may suggest operational challenges or financial difficulties faced by the company during those times.
Overall, the recent positive operating profit margins indicate an improved operational efficiency and profitability for Bristow Group Inc, reflecting positively on the company's financial performance.