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Bristow Group (Bristow Group) EBIT : $74 Mil (TTM As of Mar. 2024)


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What is Bristow Group EBIT?

Bristow Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $74 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bristow Group's annualized ROC % for the quarter that ended in Mar. 2024 was 4.02%. Bristow Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bristow Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.50%.


Bristow Group EBIT Historical Data

The historical data trend for Bristow Group's EBIT 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 EBIT Chart

Bristow Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23
EBIT
-222.80 - -5.38 37.10 59.43

Bristow Group Quarterly Data
Mar19 Jun19 Sep19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT 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 3.65 -5.98 36.99 24.77 18.61

Competitive Comparison of Bristow Group's EBIT

For the Oil & Gas Equipment & Services subindustry, Bristow Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bristow Group's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bristow Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bristow Group's EV-to-EBIT falls into.



Bristow Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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 $74 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) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Bristow Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=86.972 * ( 1 - 27.44% )/( (1556.093 + 1585.437)/ 2 )
=63.1068832/1570.765
=4.02 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1937.278 - 200.92 - ( 180.265 - max(0, 309.789 - 563.583+180.265))
=1556.093

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1915.776 - 189.709 - ( 140.63 - max(0, 303.415 - 524.444+140.63))
=1585.437

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Bristow Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=74.448/( ( (1215.705 + max(162.064, 0)) + (1232.112 + max(169.388, 0)) )/ 2 )
=74.448/( ( 1377.769 + 1401.5 )/ 2 )
=74.448/1389.6345
=5.36 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(234.62 + 99.863 + 48.835) - (200.92 + 20.334 + 0)
=162.064

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(234.914 + 102.358 + 46.542) - (189.709 + 24.717 + 5.6843418860808E-14)
=169.388

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Bristow Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=74.396/1653.580
=4.50 %

* 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 EBIT Related Terms

Thank you for viewing the detailed overview of Bristow Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


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