VTOLBristow Group Inc.
Is the business good?
A genuinely good business: earnings fully cash-backed (1.1×) and margins widening.
Operating profit is fully backed by cash. Conversion is worsening vs a year ago.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
A balanced mix of margins, efficiency, and leverage. ROE 12% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is VTOL?
Bristow Group Inc. earns 8.1% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 0.86 points below what the capital costs: growth destroys value
- Operating margin
- 10%
Operating margin · Oil & Gas Equipment & Services median 10% · 12 months to Q2 2027
- Cash conversion
- 1.07×
Cash conversion · 1.86× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +0.75%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2019 | 1.7% |
| FY2021 | −0.33% |
| FY2022 | 2.2% |
| FY2024 | 4.7% |
| FY2025 | 9.4% |
| FY2026 | 11% |
Details›
- Operating margin12 months to Q2 2027
- 10%
- Net margin12 months to Q2 2027
- 6.7%
- Free cash flow margin
- −2.2%
- Revenue, trailing twelve months
- $1.56B
- Free cash flow, trailing twelve months
- −$34M
- Net income, trailing twelve months
- $104M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 8.1%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Oil & Gas Equipment & Services
Ranks #17 of 29 by RyuScore