Bristow Group Inc (VTOL)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 2,125,250 | 1,937,280 | 1,812,000 | 1,824,280 | 1,824,280 |
| Operating ROA | 6.10% | 3.14% | 2.58% | 34.53% | -0.96% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $129,536K ÷ $2,125,250K
= 6.10%
The operating return on assets (operating ROA) of Bristow Group Inc has shown significant fluctuations over the years based on the provided data.
1. As of December 31, 2021, the operating ROA was -0.96%, indicating that the company had negative profitability from its core operations relative to its total assets.
2. By March 31, 2022, the operating ROA improved substantially to 34.53%, reflecting a strong operational performance in generating earnings from its asset base.
3. However, there was a decline in operating ROA by the end of December 31, 2022, with a percentage of 2.58%. This suggests a decrease in the company's ability to generate returns from its assets compared to the previous quarter.
4. The operating ROA continued to increase moderately by December 31, 2023, reaching 3.14%. This indicates a slight improvement in efficiency in utilizing assets to generate operating income.
5. By the end of December 31, 2024, the operating ROA experienced a significant rise to 6.10%, highlighting an enhanced profitability from operating activities relative to the total assets.
Overall, the trend in Bristow Group Inc's operating ROA reveals fluctuations in the company's ability to generate operating income from its asset base, with notable improvements seen in some periods and challenges in others.