Bristow Group Inc (VTOL)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 102,063 | 96,742 | 87,053 | 33,771 | 18,012 | -3,267 | -13,632 | 14,460 | 19,963 | 26,303 | 26,880 | -4,419 | -64,833 | -107,202 | -143,810 | -56,643 | -3,233 | 401,827 | 236,540 | -16,169 |
| Revenue (ttm) | US$ in thousands | 1,415,491 | 1,399,899 | 1,372,867 | 1,332,501 | 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 | 155,259 | 168,839 | 231,822 |
| Pretax margin | 7.21% | 6.91% | 6.34% | 2.53% | 1.39% | -0.26% | -1.10% | 1.18% | 1.65% | 2.21% | 2.27% | -0.37% | -5.44% | -8.89% | -11.90% | -4.81% | -0.34% | 258.81% | 140.10% | -6.97% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $102,063K ÷ $1,415,491K
= 7.21%
Bristow Group Inc's pretax margin has shown fluctuations over the analyzed periods.
Between March 2020 and December 2021, the company experienced negative pretax margins, indicating that its expenses were outpacing its revenues before considering taxes. Notably, the pretax margin reached a low of -11.90% in June 2021, indicating significant financial challenges during that period.
However, from June 2022 onwards, the pretax margin started to improve, gradually turning positive in the subsequent quarters. The positive trend in the pretax margin suggests that the company was able to control its expenses and potentially increase its revenue generation relative to the costs incurred.
By December 2024, Bristow Group Inc had achieved a pretax margin of 7.21%, indicating that the company was generating profits before accounting for tax expenses. This improvement over time is a positive sign for the company's financial performance and sustainability.