Bristow Group (VTOL) AI Stock Analysis

• Market Cap: $1.07B
• Dividend Yield: N/A
• Average Volume (3M): 207.78K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 1.20
• Revenue Growth: 4.78%
• EPS Growth: 156.83%
• Country: US
• Employees: 3,447
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 1.15
• Shares Outstanding: 28,920,000
• 10 Day Avg. Volume: 157,417
• 30 Day Avg. Volume: 207,781
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.10
• Price to Sales (P/S): 0.69
• P/FCF Ratio: -12.54
• Enterprise Value/Market Cap: 1.63
• Enterprise Value/Revenue: 1.18
• Enterprise Value/Gross Profit: 4.08
• Enterprise Value/Ebitda: 7.49
• 1Y Price Target: $45.00
• Price Target Upside: 15.50% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 4.41
• Revenue Forecast (FY): $1.50B

• Rating: 70 Neutral
• Price Target: $40.00 ▲(2.67% Upside)

Bristow Group's overall stock score reflects strong financial performance and a positive earnings call outlook, offset by bearish technical indicators. The low P/E ratio suggests undervaluation, providing potential for capital appreciation. However, challenges in cash flow management and supply chain issues present risks.

Positive Factors

Revenue Growth

The increase in revenue from government and other services segments indicates a diversification of income streams, enhancing long-term stability and growth potential.

Strong Cash Position

A robust cash position provides financial flexibility, enabling the company to invest in growth opportunities and weather economic downturns.

Electric Air-Taxi Routes

Entering the electric air-taxi market positions Bristow as an innovator in sustainable transport, potentially capturing new market share and driving future growth.

Negative Factors

Supply Chain Challenges

Ongoing supply chain disruptions could hinder operational efficiency and limit the company's ability to meet demand, affecting long-term service reliability.

Lower Utilization in Europe and Africa

Decreased utilization in key regions may signal weakening demand or competitive pressures, potentially impacting revenue growth and market position.

Negative Impact from Transition Costs

High transition costs for new contracts can strain profitability, reducing the company's ability to reinvest in growth and innovation.

Bristow Group Business Overview & Revenue Model

Company Description

Bristow Group is a leading provider of vertical take-off and landing (VTOL) aircraft services, specializing in the transportation of personnel and cargo for the offshore energy and maritime industries. With a strong focus on safety and efficiency, the company operates a fleet of advanced helicopters and is expanding its capabilities in the emerging VTOL market, offering services that include search and rescue, emergency medical services, and air transportation for various sectors. Bristow is committed to innovation and sustainability, positioning itself as a key player in the evolving aviation landscape.

How the Company Makes Money

Bristow Group generates revenue primarily through its helicopter transportation services, which cater to the offshore oil and gas industry, as well as the wind energy sector. The company's revenue model includes contracts for long-term service agreements, flight hour billing, and project-based services. Key revenue streams come from daily operational flights, maintenance services, and training programs for pilots and crew. The company also benefits from strategic partnerships with major energy companies and government agencies, which secure consistent demand for its services. Additionally, Bristow's investment in VTOL technology positions it to capitalize on new market opportunities, further enhancing its earnings potential.

Bristow Group Financial Statement Overview

Summary

Bristow Group demonstrates a solid financial performance with strong revenue growth and improved profitability. The balance sheet shows a healthy leverage position, while cash flow metrics indicate areas for improvement in cash generation. The company is on a positive trajectory but should focus on enhancing cash flow management to sustain growth.

Income Statement

Bristow Group's income statement shows a strong performance with a consistent increase in revenue, evidenced by a TTM revenue growth rate of 1.46%. The gross profit margin has improved to 49.19% in the TTM, indicating effective cost management. The net profit margin also increased to 9.71%, reflecting enhanced profitability. However, the gross profit margin has decreased from the previous year, suggesting potential cost pressures.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.65, indicating a manageable level of debt. The return on equity has improved to 14.83%, showcasing effective utilization of equity. However, the equity ratio is not explicitly provided, which limits a comprehensive assessment of asset financing.

Cash Flow

Cash flow analysis reveals a significant improvement in free cash flow growth at 175.82%, although the free cash flow remains negative. The operating cash flow to net income ratio is 0.42, indicating moderate cash generation relative to net income. The negative free cash flow to net income ratio suggests challenges in converting profits into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.49B	1.42B	1.30B	1.20B	1.19B	1.14B
Gross Profit	429.76M	398.28M	330.81M	278.88M	191.81M	287.85M
EBITDA	234.01M	215.17M	141.18M	116.67M	124.34M	159.05M
Net Income	142.44M	94.80M	-6.78M	9.21M	-15.79M	-56.09M
Balance Sheet
Total Assets	2.27B	2.13B	1.94B	1.81B	1.82B	1.99B
Cash, Cash Equivalents and Short-Term Investments	250.71M	247.50M	180.26M	163.68M	263.77M	228.01M
Total Debt	924.61M	957.09M	838.32M	753.64M	720.98M	789.12M
Total Liabilities	1.23B	1.23B	1.11B	1.03B	988.91M	1.09B
Stockholders Equity	1.04B	891.71M	823.69M	787.31M	835.82M	897.61M
Cash Flow
Free Cash Flow	-23.84M	-77.97M	-49.47M	-63.70M	92.79M	82.00M
Operating Cash Flow	172.55M	177.42M	32.04M	-14.13M	123.85M	96.84M
Investing Cash Flow	-138.69M	-245.95M	-47.32M	-44.14M	-17.37M	173.27M
Financing Cash Flow	21.88M	141.10M	22.04M	-19.91M	-63.48M	-245.62M

Bristow Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 38.96
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VTOL, the sentiment is Positive. The current price of 38.96 is above the 20-day moving average (MA) of 37.05, above the 50-day MA of 37.97, and above the 200-day MA of 34.50, indicating a neutral trend. The MACD of -0.36 indicates Negative momentum. The RSI at 48.53 is Neutral, neither overbought nor oversold. The STOCH value of 54.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VTOL.

Bristow Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FTI	80 Outperform	$18.74B	20.76	28.72%	0.43%	11.73%	45.70%
OII	73 Outperform	$2.60B	11.39	28.92%	―	8.71%	72.09%
NOV	72 Outperform	$5.98B	16.37	5.93%	3.11%	-1.43%	-63.13%
HLX	71 Outperform	$1.03B	24.86	2.71%	―	-1.95%	530.91%
VTOL	70 Neutral	$1.07B	7.78	14.72%	―	4.78%	156.83%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
MRC	45 Neutral	―	―	0.28%	―	-10.96%	-169.10%

Bristow Group Corporate Events

Bristow Group Reports Strong Q3 2025 Financial Results

Bristow Group reported strong financial results for the third quarter of 2025, with total revenues of $386.3 million and a net income of $51.5 million, marking a significant increase from the previous quarter. The company anticipates continued growth in 2026, driven by a tight supply of offshore helicopters and a positive outlook for offshore energy services, despite a mid-cycle activity plateau in the industry.