Bristow Group Inc (VTOL)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 94,797 | -6,780 | 18,037 | -15,791 | -15,713 |
| Total assets | US$ in thousands | 2,125,250 | 1,937,280 | 1,812,000 | 1,824,280 | 1,824,280 |
| ROA | 4.46% | -0.35% | 1.00% | -0.87% | -0.86% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $94,797K ÷ $2,125,250K
= 4.46%
The Return on Assets (ROA) of Bristow Group Inc has shown some fluctuations over the past few years. As of December 31, 2021, the ROA was -0.86%, indicating that the company generated a negative return on its assets. This negative performance slightly worsened to -0.87% by March 31, 2022.
However, there was a significant improvement in the company's ROA by December 31, 2022, reaching 1.00%. This suggests that Bristow Group Inc was able to generate a positive return on its assets during that period. Unfortunately, the ROA dipped again to -0.35% by December 31, 2023, showing a decrease in asset efficiency.
The most recent data as of December 31, 2024, reveals a notable improvement in the ROA to 4.46%, indicating that the company significantly increased its ability to generate profit from its assets. Overall, the ROA trends suggest some volatility in the company's asset utilization and profitability over the years, with potential impacts on its financial performance and efficiency.