VTOL (Bristow Group) ROC (Joel Greenblatt) %: 7.79% (As of Mar. 2026) — 72% Above Median


VTOL Bristow Group Inc VTOL
60 GF Score
Price $41.92
GF Value $37.40
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Bristow Group ROC (Joel Greenblatt) %?

Bristow Group VTOL +1.28% 60 ROC (Joel Greenblatt) % is 7.79% as of Mar. 2026, which is 72% above its 10-year median of 4.53. GuruFocus rates VTOL with a GF Score™ of 60/100 and a GF Value™ of $37.40 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,002 Oil & Gas companies, Bristow Group ranks better than 57.68% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Bristow Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.79%.

The historical rank and industry rank for Bristow Group's ROC (Joel Greenblatt) % or its related term are showing as below:

VTOL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.39   Med: 4.53   Max: 12.64
Current: 11.13

During the past 7 years, Bristow Group's highest ROC (Joel Greenblatt) % was 12.64%. The lowest was -0.39%. And the median was 4.53%.

VTOL's ROC (Joel Greenblatt) % is ranked better than
57.68% of 1002 companies
in the Oil & Gas industry
Industry Median: 8.415 vs VTOL: 11.13

Bristow Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Bristow Group  (NYSE:VTOL) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Bristow Group ROC (Joel Greenblatt) % Related Terms


Bristow Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bristow Group's ROC (Joel Greenblatt) % 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.

Bristow Group ROC (Joel Greenblatt) % Chart

Bristow Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -0.39 2.81 4.53 9.76 12.64

Bristow Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 12.35 15.85 12.61 8.24 7.79

VTOL vs ACDC, WBI, HLX: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas Equipment & Services subindustry, Bristow Group's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bristow Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bristow Group's ROC (Joel Greenblatt) % falls into.


VTOL
60GF Score
Bristow Group Inc VTOL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bristow Group ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(217.102 + 132.727 + 58.251) - (237.809 + 22.44 + 5.6843418860808E-14)
=147.831

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(261.463 + 132.768 + 55.281) - (237.86 + 27.689 + -5.6843418860808E-14)
=183.963

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bristow Group for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=121.564/( ( (1394.334 + max(147.831, 0)) + (1393.06 + max(183.963, 0)) )/ 2 )
=121.564/( ( 1542.165 + 1577.023 )/ 2 )
=121.564/1559.594
=7.79 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of 7.79% mean?
Bristow Group (VTOL) has a ROC (Joel Greenblatt) % of 7.79% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bristow Group and its competitors. This is 72% above median its historical median of 4.53. According to the industry distribution chart, Bristow Group ranks #424 out of 1002 companies in the Oil & Gas industry, placing it in the top 42.3%.
Is Bristow Group's ROC (Joel Greenblatt) % too high?
Bristow Group's current ROC (Joel Greenblatt) % of 7.79% is 72% above median its 10-year median of 4.53. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.42. Bristow Group's value of 7.79% is 7.4% below this industry median. Based on the distribution chart, Bristow Group ranks #424 out of 1002 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 Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bristow Group's ROC (Joel Greenblatt) % compare to ACDC and WBI?
According to the Oil & Gas industry distribution chart, Bristow Group ranks #424 out of 1002 companies for ROC (Joel Greenblatt) %. This puts Bristow Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.42. Bristow Group's value of 7.79% is 7.4% below this benchmark. While the company's 10-year median is 4.53 vs. the industry median of 8.42, Bristow Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.42, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bristow Group's current ROC (Joel Greenblatt) % of 7.79% is 7.4% below 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bristow Group and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bristow Group's current ROC (Joel Greenblatt) % is 7.79%, which is 72% above median its own 10-year median of 4.53. 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 Modestly Overvalued. The stock's GF Value™ is $37.40, compared to a current price of $41.92 — trading 12.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 7.79%, which is 72% above median its 10-year median of 4.53 and 7.4% below the Oil & Gas industry median of 8.42. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Bristow Group (VTOL), the current ROC (Joel Greenblatt) % is 7.79% 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 $41.92 is trading 12.1% above its estimated GF Value™ of $37.40. GuruFocus considers Bristow Group to be Modestly Overvalued.

Key valuation signals for VTOL:

  • ROC (Joel Greenblatt) %: 7.79% (72% above median its 10-year median of 4.53)
  • GF Value™: $37.40 vs. price of $41.92 (12.1% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 7.4% below the Oil & Gas median (#424 of 1002)

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 Business Description

Industry EnergyOil & Gas
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 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

Get the complete analysis for VTOL

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.92
Price
$37.40
GF Value