Bristow Group Inc (VTOL)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 94,797 | 55,066 | 31,141 | 1,347 | -6,783 | -5,776 | 6,425 | 12,049 | 9,198 | 16,073 | 2,330 | -15,854 | -54,068 | -111,133 | -141,769 | -56,095 | -20,734 | 360,534 | 225,421 | -15,302 |
| Total assets | US$ in thousands | 2,125,250 | 2,088,310 | 1,977,260 | 1,915,780 | 1,937,280 | 1,889,690 | 1,895,950 | 1,898,520 | 1,812,000 | 1,763,340 | 1,842,370 | 1,824,280 | 1,864,790 | 1,861,240 | 1,913,650 | 1,992,270 | 2,135,780 | 2,212,380 | 2,251,790 | 752,510 |
| ROA | 4.46% | 2.64% | 1.57% | 0.07% | -0.35% | -0.31% | 0.34% | 0.63% | 0.51% | 0.91% | 0.13% | -0.87% | -2.90% | -5.97% | -7.41% | -2.82% | -0.97% | 16.30% | 10.01% | -2.03% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $94,797K ÷ $2,125,250K
= 4.46%
The Return on Assets (ROA) of Bristow Group Inc has shown fluctuations over the years based on the provided data. As of December 31, 2024, the ROA stood at 4.46%, indicating the company generated a profit of 4.46 cents on every dollar of assets it owns. This represents an improvement from the negative ROA figures observed in earlier periods, suggesting an enhanced efficiency in utilizing assets to generate profits.
It is worth noting that the ROA was negative in several quarters, such as in March 31, 2020, June 30, 2021, and September 30, 2021, indicating that the company was not effectively using its assets to generate profits during those periods. However, the company gradually improved its ROA performance, reaching positive figures in subsequent quarters, with the highest ROA recorded in December 31, 2024.
The overall trend suggests that Bristow Group Inc has been able to enhance its profitability in relation to its asset base over time, indicating a potentially positive trajectory for the company's financial performance and efficiency in asset management.