Bristow Group Inc (VTOL)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 102,063 | 18,012 | 28,105 | -4,497 | -4,419 |
| Revenue | US$ in thousands | 1,415,490 | 1,297,430 | 1,230,090 | 1,185,200 | 1,185,200 |
| Pretax margin | 7.21% | 1.39% | 2.28% | -0.38% | -0.37% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $102,063K ÷ $1,415,490K
= 7.21%
The pretax margin of Bristow Group Inc has shown fluctuations over the years based on the provided data. It was negative in December 2021 and March 2022, indicating that the company's expenses exceeded its pre-tax income during those periods. However, there was a notable improvement in the pretax margin in December 2022, when it reached 2.28%. This suggests that the company managed to control costs more effectively or increase its revenue generation relative to its expenses.
In the following years, the pretax margin remained positive, with a slight decrease to 1.39% in December 2023. However, the most significant improvement was seen in December 2024, where the pretax margin surged to 7.21%. This substantial increase indicates that Bristow Group Inc greatly enhanced its profitability before accounting for taxes.
Overall, the trend in the pretax margin of Bristow Group Inc showcases a mixed performance, characterized by periods of challenges followed by significant improvements in profitability. It is crucial for the company to continue monitoring and managing its operational efficiency and cost structure to sustain and enhance its financial performance in the future.