Bristow Group Inc (VTOL)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 891,707 | 823,687 | 787,307 | 835,815 | 835,815 |
| ROE | 10.63% | -0.82% | 2.29% | -1.89% | -1.88% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $94,797K ÷ $891,707K
= 10.63%
The return on equity (ROE) of Bristow Group Inc has shown a mixed performance over the past few years. As of December 31, 2021, and March 31, 2022, the company had negative ROE figures of -1.88% and -1.89% respectively, indicating that the company's net income was not generating satisfactory returns in relation to its shareholders' equity during these periods.
However, there was a noticeable improvement in ROE by the end of December 31, 2022, with a positive ROE of 2.29%. This suggests that the company's profitability relative to its shareholders' equity increased, indicating a better utilization of equity to generate profits.
The following year, as of December 31, 2023, the ROE declined to -0.82%, indicating a slight decrease in profitability compared to the previous year. However, there was a significant improvement in ROE by the end of December 31, 2024, with a robust ROE of 10.63%, demonstrating a substantial increase in the company's profitability relative to its equity base.
Overall, the company has shown fluctuations in its ROE performance over the years, with periods of both negative and positive returns. Investors and stakeholders may need to further investigate the factors influencing these fluctuations to assess the company's ability to generate returns on the equity invested in the business.