Bristow Group Inc (VTOL)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 18,152 | -3,338 | -13,658 | 14,406 | 19,969 | 26,135 | 26,760 | -4,497 | -65,123 | -107,133 | -143,675 | -56,449 | -2,830 | -100,068 | -265,541 | -518,481 | -517,952 | -384,443 | -160,537 | 11,237 |
| 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 |
| Pretax margin | 1.40% | -0.26% | -1.10% | 1.18% | 1.65% | 2.19% | 2.26% | -0.38% | -5.47% | -8.89% | -11.89% | -4.79% | -0.30% | -12.02% | -31.37% | -57.02% | -57.32% | -50.94% | -32.69% | 5.21% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $18,152K ÷ $1,297,429K
= 1.40%
Bristow Group Inc's pretax margin has exhibited varying performance over the past years, with fluctuations observed in each quarter. The pretax margin, which reflects the company's profitability before taxes, was positive in some quarters and negative in others.
In the most recent quarter, ending December 31, 2023, the pretax margin stood at 1.40%, indicating a modest profitability level. However, this was a decline from the previous quarter, where the pretax margin was -0.26%, resulting in a loss.
Looking back over the past year, there has been a mix of positive and negative pretax margins. The highest pretax margin of 2.26% was recorded in the second quarter of 2022, while the lowest margins were seen in the first quarter of 2020 and fourth quarter of 2019, with -57.32% and -57.02%, respectively.
Overall, Bristow Group Inc's pretax margin trend highlights the company's financial performance in terms of generating operating profits before taxes. It is essential for the company to focus on improving its profitability and maintaining consistency in its financial results to ensure sustainable growth and long-term success.