Bristow Group (VTOL) AI Stock Analysis

• Market Cap: $953.33M
• Dividend Yield: N/A
• Average Volume (3M): 163.81K
• Price to Earnings (P/E): 8.5
• Beta (1Y): 1.14
• Revenue Growth: 7.24%
• EPS Growth: 8460.38%
• Country: US
• Employees: 3,447
• Sector: Energy
• Sector Strength: 57
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.91
• Shares Outstanding: 28,775,316
• 10 Day Avg. Volume: 132,315
• 30 Day Avg. Volume: 163,811
• PEG Ratio: 0.40
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.79
• Enterprise Value/Market Cap: 1.85
• Enterprise Value/Revenue: 0.31
• Enterprise Value/Gross Profit: 1.93
• Enterprise Value/Ebitda: 1.95
• 1Y Price Target: $50.00
• Price Target Upside: 50.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: $35.00 ▲(5.64%Upside)

Bristow Group's overall score reflects strong financial performance and valuation. The technical analysis is less favorable with bearish short-term signals, and the earnings call presents a cautious but optimistic outlook. Key risks include cash flow challenges and macroeconomic factors such as U.S. tariffs.

Positive Factors

Capital Allocation

VTOL announced a new $125M share repurchase authorization as well as a $0.125 quarterly dividend.

Financial Performance

Bristow Group Inc. beat the market's estimate for adjusted EBITDA, reaffirming its financial guidance thanks to its significant backlog in Government Services and Offshore Energy markets.

Government Contracts

The company's Government Search and Rescue (SAR) portfolio is growing with significant contract wins.

Negative Factors

Other Services Segment Performance

The Other Services segment experienced a decline in sales and operating income due to lower seasonal utilization and unfavorable foreign exchange effects.

Bristow Group Business Overview & Revenue Model

Company Description

Bristow Group Inc. provides aviation services to integrated, national, and independent offshore energy companies in the United States. It also offers commercial search and rescue services; and other helicopter and fixed wing transportation services. As of March 31, 2022, the company had a fleet of 229 aircrafts, of which 213 were helicopters. It also has operations in Australia, Brazil, Canada, Chile, the Dutch Caribbean, Guyana, India, Mexico, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, and the United Kingdom. The company was founded 1948 and is headquartered in Houston, Texas.

How the Company Makes Money

Bristow Group makes money primarily through contracts with companies in the offshore oil and gas sector, charging fees for the transportation of personnel and equipment to and from offshore platforms. The company also earns revenue from government contracts for search and rescue operations and other aviation support services. Revenue streams are further bolstered by partnerships with energy companies and governmental agencies, which help secure long-term contracts and stable income. The company also engages in leasing aircraft and providing maintenance services, adding to its diversified income sources.

Bristow Group Financial Statement Overview

Summary

Bristow Group demonstrates strong revenue growth and solid profitability margins. The balance sheet is stable with moderate leverage. However, negative free cash flow presents a liquidity management challenge despite strong operating cash flow.

Income Statement

Bristow Group shows a strong gross profit margin of 74.0% and an improving net profit margin at 8.1% TTM. Revenue growth is healthy at 9.3% annually, indicating solid demand. However, EBIT and EBITDA margins are modest at 10.0% and 14.7%, respectively, suggesting room for operational efficiency improvements.

Balance Sheet

The company maintains a stable debt-to-equity ratio of 1.02, highlighting balanced leverage management. ROE is reasonably strong at 12.4%, reflecting effective use of equity. The equity ratio stands at 42.9%, indicating a reasonable level of equity financing. Overall, the balance sheet reflects financial stability with moderate leverage.

Cash Flow

Operating cash flow exceeds net income, with a ratio of 1.3, indicating strong cash generation relative to earnings. However, free cash flow is negative at -$92.8 million, posing a challenge for liquidity management. Despite this, the company's ability to cover net income with operating cash flow is a positive sign.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.43B	1.42B	1.30B	1.23B	1.19B	1.18B
Gross Profit	912.25M	883.43M	749.50M	210.82M	191.81M	218.02M
EBITDA	250.63M	222.83M	145.01M	126.52M	69.67M	85.08M
Net Income	115.55M	94.80M	-6.78M	9.21M	-15.71M	-56.28M
Balance Sheet
Total Assets	2.17B	2.13B	1.94B	1.81B	1.82B	1.99B
Cash, Cash Equivalents and Short-Term Investments	191.13M	247.50M	180.26M	163.68M	266.01M	231.08M
Total Debt	952.03M	957.09M	838.32M	753.64M	720.98M	789.12M
Total Liabilities	1.24B	1.23B	1.11B	1.03B	988.91M	1.09B
Stockholders Equity	931.72M	891.71M	823.69M	787.31M	835.82M	897.61M
Cash Flow
Free Cash Flow	-92.75M	-77.97M	-49.47M	-63.70M	92.79M	82.00M
Operating Cash Flow	150.14M	177.42M	32.04M	-14.13M	123.85M	96.84M
Investing Cash Flow	-233.42M	-245.95M	-47.32M	-44.14M	-17.37M	173.27M
Financing Cash Flow	144.52M	141.10M	22.04M	-19.91M	-63.48M	-245.62M

Bristow Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 33.13
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VTOL, the sentiment is Negative. The current price of 33.13 is below the 20-day moving average (MA) of 35.34, below the 50-day MA of 33.22, and below the 200-day MA of 33.41, indicating a bearish trend. The MACD of 0.45 indicates Positive momentum. The RSI at 39.28 is Neutral, neither overbought nor oversold. The STOCH value of 15.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VTOL.

Bristow Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
XPRO	77 Outperform	$1.22B	17.33	4.78%	―	2.67%	―
OII	77 Outperform	$2.12B	10.68	27.08%	―	8.14%	62.72%
MRC	71 Outperform	$1.18B	41.18	8.29%	―	-9.84%	-111.71%
RES	69 Neutral	$986.16M	17.97	4.92%	3.58%	-2.74%	-54.52%
HLX	68 Neutral	$864.28M	18.18	3.27%	―	-8.19%	―
Sector *	67 Neutral	$15.01B	9.77	5.87%	5.63%	4.51%	-61.80%
VTOL	64 Neutral	$953.33M	8.52	13.19%	―	7.24%	8460.38%

Bristow Group Corporate Events

Bristow Group Approves Key Proposals at Annual Meeting

On June 4, 2025, Bristow Group Inc. held its 2025 Annual Meeting of Stockholders, where several key proposals were approved. These included the election of nine directors, an advisory vote on executive compensation, the frequency of future advisory votes, an amendment to the 2021 Equity Incentive Plan, and the ratification of KPMG LLP as independent auditors for 2025. The approval of these proposals reflects the company’s ongoing governance and strategic planning efforts.

The most recent analyst rating on (VTOL) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Bristow Group stock, see the VTOL Stock Forecast page.

Bristow Group Reports Q1 2025 Financial Results

Bristow Group reported its first quarter 2025 financial results, showing a slight decrease in total revenues to $350.5 million from $353.5 million in the previous quarter. Net income also declined to $27.4 million from $31.8 million. Despite these decreases, the company maintained its adjusted EBITDA outlook for 2025 and 2026, indicating confidence in its business stability and market positioning. The company highlighted increased revenues in its Government Services segment due to new contracts, while the Offshore Energy Services segment experienced mixed results across different regions.