Bristow Group Inc (VTOL)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Mar 31, 2021 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 18,152 | 19,969 | -4,497 | -56,449 | -4,324 |
| Revenue | US$ in thousands | 1,297,430 | 1,209,970 | 1,185,200 | 1,178,060 | 226,059 |
| Pretax margin | 1.40% | 1.65% | -0.38% | -4.79% | -1.91% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $18,152K ÷ $1,297,430K
= 1.40%
The pretax margin of Bristow Group Inc has shown variability over the past five reporting periods. In December 2023, the pretax margin was 1.40%, slightly lower than the 1.65% reported in December 2022. Prior to that, there was a significant improvement from a negative pretax margin of -0.38% in March 2022 to a positive 1.65% in December 2022.
Looking further back, the company experienced negative pretax margins in March 2021 and December 2019, indicating challenges in generating profits before accounting for taxes during those periods. It appears that the company has made progress in improving its profitability since then, as evidenced by the positive pretax margins in more recent periods.
Overall, the trend in pretax margin suggests some volatility in Bristow Group Inc's ability to generate profits before tax, with fluctuations in performance across the different reporting periods. It would be important to continue monitoring the company's financial performance to assess the sustainability of its profitability levels.