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Bristow Group (Bristow Group) Retained Earnings : $225 Mil (As of Mar. 2024)


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What is Bristow Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bristow Group's retained earnings for the quarter that ended in Mar. 2024 was $225 Mil.

Bristow Group's quarterly retained earnings declined from Sep. 2023 ($226 Mil) to Dec. 2023 ($218 Mil) but then increased from Dec. 2023 ($218 Mil) to Mar. 2024 ($225 Mil).

Bristow Group's annual retained earnings declined from Mar. 2021 ($227 Mil) to Mar. 2022 ($211 Mil) but then increased from Mar. 2022 ($211 Mil) to Dec. 2023 ($218 Mil).


Bristow Group Retained Earnings Historical Data

The historical data trend for Bristow Group's Retained Earnings 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 Retained Earnings Chart

Bristow Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23
Retained Earnings
- 139.23 227.01 211.22 217.97

Bristow Group Quarterly Data
Mar19 Jun19 Sep19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 223.23 221.59 225.91 217.97 224.57

Bristow Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Bristow Group  (NYSE:VTOL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Bristow Group (Bristow Group) Business Description

Traded in Other Exchanges
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