Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Bristow Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $52 Mil. Bristow Group's average total tangible assets for the quarter that ended in Mar. 2026 was $2,358 Mil. Therefore, Bristow Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.22%.
The historical rank and industry rank for Bristow Group's Return-on-Tangible-Asset or its related term are showing as below:
VTOL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.85 Med: -0.36 Max: 5.82
Current: 5.02
During the past 7 years, Bristow Group's highest Return-on-Tangible-Asset was 5.82%. The lowest was -2.85%. And the median was -0.36%.
VTOL's Return-on-Tangible-Asset is ranked better than 68% of 1028
companies
in the Oil & Gas industry
Industry Median: 1.965
vs VTOL: 5.02
Bristow Group (NYSE:VTOL) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Bristow Group Return-on-Tangible-Asset Related Terms
Bristow Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bristow Group's Return-on-Tangible-Asset 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.
VTOL vs RES, HLX, ACDC: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Bristow Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bristow Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bristow Group's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.22% mean?
Bristow Group (VTOL) has a Return-on-Tangible-Asset of 2.22% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bristow Group and its competitors. According to the industry distribution chart, Bristow Group ranks #329 out of 1028 companies in the Oil & Gas industry, placing it in the top 32%.
Is Bristow Group's Return-on-Tangible-Asset too high?
Bristow Group's current Return-on-Tangible-Asset is 2.22%. The Oil & Gas industry median Return-on-Tangible-Asset is 1.97. Bristow Group's value of 2.22% is 13% above this industry median. Based on the distribution chart, Bristow Group ranks #329 out of 1028 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Bristow Group has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bristow Group's Return-on-Tangible-Asset compare to RES and HLX?
According to the Oil & Gas industry distribution chart, Bristow Group ranks #329 out of 1028 companies for Return-on-Tangible-Asset. This puts Bristow Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.97. Bristow Group's value of 2.22% is 13% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 1.97, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bristow Group's current Return-on-Tangible-Asset of 2.22% is 13% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bristow Group and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bristow Group's current Return-on-Tangible-Asset is 2.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bristow Group stock overvalued right now?
Based on GuruFocus' analysis, Bristow Group (VTOL) is currently considered Fairly Valued. The stock's GF Value™ is $37.45, compared to a current price of $40.66 — trading 8.6% above its estimated fair value. The current Return-on-Tangible-Asset is 2.22% and 13% above the Oil & Gas industry median of 1.97. Bristow Group's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Bristow Group (VTOL), the current Return-on-Tangible-Asset is 2.22% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bristow Group (VTOL) Overvalued in 2026?
Based on GuruFocus' analysis, Bristow Group stock appears to be overvalued.
The current stock price of $40.66 is trading 8.6% above its estimated GF Value™ of $37.45.
GuruFocus considers Bristow Group to be Fairly Valued.
Key valuation signals for VTOL:
Return-on-Tangible-Asset: 2.22%
GF Value™: $37.45 vs. price of $40.66 (8.6% above fair value)
Industry Position: 13% above the Oil & Gas median (#329 of 1028)
No single metric tells the full story. See the VTOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 are in the UK, Norway, the USA, Nigeria, and Others. The offshore energy customers use services to transport personnel to, from and between offshore energy installations. The majority of revenue is generated from Offshore Energy Services.
60GF Score
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