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Bristow Group (Bristow Group) Net Income : $1 Mil (TTM As of Mar. 2024)


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What is Bristow Group Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Bristow Group's Net Income for the three months ended in Mar. 2024 was $7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bristow Group's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.23.


Bristow Group Net Income Historical Data

The historical data trend for Bristow Group's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bristow Group Net Income Chart

Bristow Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23
Net Income
-336.85 - -56.09 -15.79 -6.78

Bristow Group Quarterly Data
Mar19 Jun19 Sep19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.52 -1.64 4.32 -7.94 6.61

Bristow Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Bristow Group's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=18.012+-24.932+0+0.14
=-7

Bristow Group's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=9.14+-2.508+0+-0.027
=7

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bristow Group  (NYSE:VTOL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Bristow Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Bristow Group Net Income Related Terms

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Bristow Group (Bristow Group) Business Description

Traded in Other Exchanges
N/A
Address
3151 Briarpark Drive, 7th Floor, Suite 700, Houston, TX, USA, 77042
Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of major integrated, national and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed wing transportation and other aviation related solutions. Its oil and gas customers charter its helicopters to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K and the United States.
Executives
Solus Alternative Asset Management Lp 10 percent owner 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Wesley E. Kern director 5004 GREGORY PLACE, WEST LAKE HILLS TX 78746
Jennifer Dawn Whalen officer: SVP, CFO 13103 SHOALWATER LANE, PEARLAND TX 77584
David F. Stepanek officer: Executive VP and COO 2001 SE EVANGELINE THRUWAY, LAFAYETTE LA 70508
Stuart Stavley officer: COO, Offshore Energy Services CITYCENTRE TWO, 818 TOWN & COUNTRY BLVD., SUITE 200, HOUSTON TX 77024
Elizabeth Matthews officer: See remarks. 3151 BRIARPARK DRIVE, SUITE 700, HOUSTON TX 77042
Brian D. Truelove director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Christopher Scott Bradshaw director, officer: President and CEO CITYCENTRE TWO, 818 TOWN & COUNTRY BLVD., SUITE 200, HOUSTON TX 33316
George Mark Mickelson director 101 N. MAIN AVENUE, STE. 321, SIOUX FALLS SD 57104
Solus Gp Llc 10 percent owner C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Christopher Pucillo director, 10 percent owner C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Richard E Tatum officer: VP, Chief Accounting Officer 11700 KATY FREEWAY, SUITE 175, HOUSTON TX 77079
Robert Manzo director PARK 80 W PLZ 2, SADDLE BROOK NJ 07663
Crystal L Gordon officer: SVP, General Counsel 945 BUNKER HILL, SUITE 650, HOUSTON TX 77024
Maryanne Miller director 3151 BRIARPARK DRIVE, SUITE 700, HOUSTON TX 77042