GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bristow Group Inc (NYSE:VTOL) » Definitions » Gross Margin %

VTOL (Bristow Group) Gross Margin % : 69.77% (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Bristow Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bristow Group's Gross Profit for the three months ended in Dec. 2024 was $247 Mil. Bristow Group's Revenue for the three months ended in Dec. 2024 was $354 Mil. Therefore, Bristow Group's Gross Margin % for the quarter that ended in Dec. 2024 was 69.77%.


The historical rank and industry rank for Bristow Group's Gross Margin % or its related term are showing as below:

VTOL' s Gross Margin % Range Over the Past 10 Years
Min: 7.71   Med: 18.51   Max: 62.41
Current: 62.41


During the past 6 years, the highest Gross Margin % of Bristow Group was 62.41%. The lowest was 7.71%. And the median was 18.51%.

VTOL's Gross Margin % is ranked better than
86.28% of 889 companies
in the Oil & Gas industry
Industry Median: 28.51 vs VTOL: 62.41

Bristow Group had a gross margin of 69.77% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bristow Group was 0.00% per year.


Bristow Group Gross Margin % Historical Data

The historical data trend for Bristow Group's Gross Margin % 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 Gross Margin % Chart

Bristow Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial - 18.51 16.18 60.30 62.41

Bristow Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % 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 Premium Member Only 67.21 58.93 60.66 60.23 69.77

Competitive Comparison of Bristow Group's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, Bristow Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bristow Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bristow Group's Gross Margin % falls into.


;
;

Bristow Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Bristow Group's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=883.4 / 1415.491
=(Revenue - Cost of Goods Sold) / Revenue
=(1415.491 - 532.057) / 1415.491
=62.41 %

Bristow Group's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=246.7 / 353.526
=(Revenue - Cost of Goods Sold) / Revenue
=(353.526 - 106.86) / 353.526
=69.77 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Bristow Group  (NYSE:VTOL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bristow Group had a gross margin of 69.77% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Bristow Group Gross Margin % Related Terms

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


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. The group provides aviation services to a broad base of offshore energy companies and government entities. Its business comprises three reportable segments: Offshore Energy Services, Government Services, and Other Services. Its customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, India, Ireland, the Kingdom of Saudi Arabia, Mexico, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the UK, and the U.S. offshore energy customers use services to transport personnel to, from and between offshore energy installations.
Executives
Maryanne Miller director 3151 BRIARPARK DRIVE, SUITE 700, HOUSTON TX 77042
Solus Alternative Asset Management Lp 10 percent owner 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Lorin L. Brass director 46652 278TH ST., LENNOX SD 57039
Brian D. Truelove director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
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
Wesley E. Kern director 5004 GREGORY PLACE, WEST LAKE HILLS TX 78746
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
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
Christopher Pucillo director, 10 percent owner C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Solus Gp Llc 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