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Bristow Group Inc. (VTOL) stock

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NYSE: VTOL NYSE Oil & Gas Equipment & Services Next results ~November 3, 2026

C+ Fundamentals grade

Bristow Group Inc. is a US-listed company in the oil & gas equipment & services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$37

Valuation models combined (5)

Base case. Range ~$15–$74. Weighted average of 5 models (growth cash-flow model, forward price-to-earnings vs peers, residual income, justified price-to-book, revenue-to-maturity model), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Bristow Group Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 12 selling0 purchases and 41 sales by directors and officers, last 12 monthsInsider trades
  • Funds125 adding, 87 cuttingOf 45 active managers that changed their stake, 25 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Bristow Group files

Where Bristow stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.56bn, up 8.2% on a year earlier, faster than the 7.0% growth a quarter earlier. Free-cash-flow margin fell to -2.2% from -0.6% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 1 of our 7 financial-health checks.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Bristow Group Inc.'s trailing-twelve-month revenue grew 8.2% year on year, with a free-cash-flow margin of -2.2%.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 296.0% while net income fell 12.5%: a 284pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Bristow Group Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Burning cash. Free cash flow was -2.2% of revenue over the last 12 months.
  • Insiders selling. 12 insiders sold $18M of stock over the past 365 days and none bought (0% under pre-set trading plans).
  • Weak cash conversion. Free cash flow was -33% of net income over the last 12 months.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 7.6% over 90 days.

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$1.28 against an average estimate of $0.84: beat by 52.6%
Revenue
$412m, up 9.4% on a year earlier
Share reaction
-3.1% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Next report
November 3, 2026

Bristow Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.8%
  • 1 week+2.3%
  • 1 month+2.4%
  • This year+13.5%
  • 1 year+2.1%
  • 5 years+12.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.6B
Operating margin
10.0%
Net margin
6.7%
EPS (TTM, diluted)
$3.48

Growth

Revenue growth
+8.2%
Change in growth rate
+1.2 pts
Share count change
+0.7%

Cash

Free cash flow (TTM)
-$34.2M
FCF margin
-2.2%
Stock pay % of revenue
1.1%

Earnings

Last results
August 4, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Dividend
  2. Results
  3. Announcement
  4. Leadership
  5. Results
  6. Results
  7. Product

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Bristow Group Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Bristow Group Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.94 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$34 ~$23–$42 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$74 ~$68–$91 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$21 ~$13–$33 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$15 ~$13–$18 Included
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: earnings are positive: price-to-earnings is the better measure
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$46 ~$33–$62 Included
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$37 ~$15–$74 5 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Bristow Group Inc. with Oil & Gas Equipment & Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2015201620172018201920212022202320242025Now
Share price$22.11$33.65$21.32$17.33$22.88$25.66$26.90$28.03$34.01$36.31$41.22
Market value$448m$685m$443m$367m$818m$813m$764m$789m$1.0bn$1.1bn$1.2bn
+ Net debt (− = net cash)$261m$209m$195m$114m$0$0$366m$382m$459m$397m$433m
Enterprise value$709m$894m$637m$482m$818m$813m$1.1bn$1.2bn$1.5bn$1.5bn$1.7bn
Multiples
Price / sales 1.6x2.8x1.9x1.7x0.6x0.7x0.6x0.6x0.7x0.7x0.8x
Price / earnings 51.5x——26.4x——82.9x—10.6x8.4x11.9x
Price / free cash flow —35.5x133.1x8.1x—9.9x———19.2x—
EV / EBITDA 9.9x19.5x—7.1x———8.9x7.3x6.5x6.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

31 /100

Weak moat

How hard Bristow Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -0.7% of total assets over 10 years.

  • Durability 2 / 20

    Operating margin has been a median 9.9%; its worst year was -58.4%.

  • Cash conversion 4 / 20

    Free cash flow was positive in 4 of 10 years, at a median -1.0% of revenue.

  • Discipline 19 / 20

    The diluted share count fell 6.4% over five years; stock-based pay has been a median 1.1% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, after the close. Analysts expect revenue of $438m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.48 −20% $1.7bn +12%
Next $5.15 +48% $1.8bn +6%

Next year's EPS estimate has moved −7.6% in 90 days, across 3 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.84 $1.28 +52.6%
Mar 2026 $1.10 $0.55 −49.7%
Dec 2025 $0.87 $0.89 +2.4%
Sept 2025 $0.80 $1.72 +115.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026123
  2. Sep 2026123

Counts of recommendations published by analysts covering Bristow Group Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.1%
of tradable shares
Days to cover
4.11
at average volume
Short interest, 1 month
+7%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
3.2%
of shares
Employees
3,660
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +2.1%

$40.35 on October 31, 2025 to $41.22

ThenNowEffect
Revenue (last 12 months) $1.4bn $1.6bn +8.2%
Net margin 8.2% 6.7% −19.1%
P/E multiple 10.1x 11.9x +17.5%
Share count 30m 30m −0.7%

Biggest factor: net margin.

Last 3 years +41.0%

$29.24 on November 3, 2023 to $41.22

ThenNowEffect
Revenue (last 12 months) $1.2bn $1.6bn +25.9%
Net margin 0.5% 6.7% +1197.1%
P/E multiple 128.9x 11.9x −90.8%
Share count 28m 30m −6.2%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
VTOL+20%−14%+4%+21%+7%+14%
Industry peers (median)−1%+49%−7%−9%−1%+19%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
VTOL67%67%50%50%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
VTOL−26%−43%−32%−18%−32%−24%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 79% from January 4, 2017 to April 21, 2020. Getting back needed a 381% gain, reached on September 7, 2021, 504 days after the low.

Price behaviour

52-week range
$35.40 – $49.73
From 52-week high
−17.1%
vs 50-day average
−1.4%
vs 200-day average
−6.1%
Volatility (1 year)
32%
Beta vs S&P 500
0.51

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±9.5%
After a week
6 up, 6 down
typical move ±9.1%
After a month
6 up, 6 down
typical move ±6.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 −3.1% +1.6% +1.1% −0.8%
May 5, 2026 −12.7% +2.2% −14.4% −14.6%
February 25, 2026 +2.5% +0.3% −4.2% −0.9%
November 4, 2025 −9.3% −0.8% −9.9% −12.6%
August 5, 2025 +12.6% +0.3% +12.6% +10.1%
May 6, 2025 −6.1% −0.4% +2.2% +0.3%
February 26, 2025 +7.2% −1.5% −7.8% −8.2%
November 5, 2024 +13.0% +3.7% +12.9% +7.5%
August 6, 2024 +14.6% +0.2% +12.4% +9.1%
May 8, 2024 +18.4% +0.6% +26.3% +14.1%
March 5, 2024 −4.7% −0.5% −5.6% −0.8%
November 1, 2023 +9.4% +3.0% −0.1% +0.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Bristow Group Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Bristow Group Inc.
$1.2B $1.3B $1.4B $1.5B $1.6B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.3B Revenue (TTM), FY23 Q4: $1.3B Revenue (TTM), FY24 Q1: $1.3B Revenue (TTM), FY24 Q2: $1.4B Revenue (TTM), FY24 Q3: $1.4B Revenue (TTM), FY24 Q4: $1.4B Revenue (TTM), FY25 Q1: $1.4B Revenue (TTM), FY25 Q2: $1.4B Revenue (TTM), FY25 Q3: $1.5B Revenue (TTM), FY25 Q4: $1.5B Revenue (TTM), FY26 Q1: $1.5B Revenue (TTM), FY26 Q2: $1.6B $1.6B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.3B
FY23 Q4 $1.3B
FY24 Q1 $1.3B
FY24 Q2 $1.4B
FY24 Q3 $1.4B
FY24 Q4 $1.4B
FY25 Q1 $1.4B
FY25 Q2 $1.4B
FY25 Q3 $1.5B
FY25 Q4 $1.5B
FY26 Q1 $1.5B
FY26 Q2 $1.6B
Revenue growth, TTM YoY Bristow Group Inc.
4% 6% 8% 10% 12% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 6.8% Revenue growth, TTM YoY, FY23 Q4: 7.2% Revenue growth, TTM YoY, FY24 Q1: 8.8% Revenue growth, TTM YoY, FY24 Q2: 10.5% Revenue growth, TTM YoY, FY24 Q3: 10.0% Revenue growth, TTM YoY, FY24 Q4: 9.1% Revenue growth, TTM YoY, FY25 Q1: 7.2% Revenue growth, TTM YoY, FY25 Q2: 5.3% Revenue growth, TTM YoY, FY25 Q3: 4.8% Revenue growth, TTM YoY, FY25 Q4: 5.3% Revenue growth, TTM YoY, FY26 Q1: 7.0% Revenue growth, TTM YoY, FY26 Q2: 8.2% 8.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 6.8%
FY23 Q4 7.2%
FY24 Q1 8.8%
FY24 Q2 10.5%
FY24 Q3 10.0%
FY24 Q4 9.1%
FY25 Q1 7.2%
FY25 Q2 5.3%
FY25 Q3 4.8%
FY25 Q4 5.3%
FY26 Q1 7.0%
FY26 Q2 8.2%
Operating margin (TTM) Bristow Group Inc.
-5% 0% 5% 10% 15% FY19 Q1 FY19 Q4 FY25 Q1 FY26 Q2 Operating margin (TTM), FY19 Q1: 10.5% Operating margin (TTM), FY19 Q2: 6.2% Operating margin (TTM), FY19 Q3: -1.3% Operating margin (TTM), FY19 Q4: -0.4% Operating margin (TTM), FY20 Q1: -0.4% Operating margin (TTM), FY24 Q4: 9.4% Operating margin (TTM), FY25 Q1: 10.0% Operating margin (TTM), FY25 Q2: 9.8% Operating margin (TTM), FY25 Q3: 10.8% Operating margin (TTM), FY25 Q4: 10.7% Operating margin (TTM), FY26 Q1: 10.5% Operating margin (TTM), FY26 Q2: 10.0% 10.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY19 Q1 10.5%
FY19 Q2 6.2%
FY19 Q3 -1.3%
FY19 Q4 -0.4%
FY20 Q1 -0.4%
FY24 Q4 9.4%
FY25 Q1 10.0%
FY25 Q2 9.8%
FY25 Q3 10.8%
FY25 Q4 10.7%
FY26 Q1 10.5%
FY26 Q2 10.0%
FCF margin (TTM) Bristow Group Inc.
-10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -5.5% FCF margin (TTM), FY23 Q4: -3.8% FCF margin (TTM), FY24 Q1: -4.7% FCF margin (TTM), FY24 Q2: -6.2% FCF margin (TTM), FY24 Q3: -5.3% FCF margin (TTM), FY24 Q4: -5.5% FCF margin (TTM), FY25 Q1: -6.5% FCF margin (TTM), FY25 Q2: -0.6% FCF margin (TTM), FY25 Q3: -1.6% FCF margin (TTM), FY25 Q4: 3.8% FCF margin (TTM), FY26 Q1: 3.9% FCF margin (TTM), FY26 Q2: -2.2% -2.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -5.5%
FY23 Q4 -3.8%
FY24 Q1 -4.7%
FY24 Q2 -6.2%
FY24 Q3 -5.3%
FY24 Q4 -5.5%
FY25 Q1 -6.5%
FY25 Q2 -0.6%
FY25 Q3 -1.6%
FY25 Q4 3.8%
FY26 Q1 3.9%
FY26 Q2 -2.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-KT, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Bristow Group took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1.5B
  2. Selling, general and admin $174M · 11.7%
  3. Other operating costs $1.2B · 77.7%
  4. Operating income $159M · 10.7%
  5. Income tax $21.8M · 1.5%
  6. Interest and other $7.9M · 0.5%
  7. Net income $129M · 8.7%

Shares of revenue. Source: Bristow Group's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Mar 2019 2021 Mar 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 258 273 299 331 282 247 231 222 1,370 1,178 1,210 1,297 1,415 1,491 1,564
EBITDA 79 75 92 89 72 46 −91 68 — — — 131 201 229 246
Operating income 36 32 46 43 24 −3 −136 28 — — — 61 133 159 157
Net income 2 8 19 17 9 −8 −28 14 −337 −56 9 −7 95 129 104
Diluted EPS $0.18 −$0.03 $0.88 $0.84 $0.42 −$0.39 −$1.36 $0.64 −$9.42 $2.32 $0.32 −$0.24 $3.21 $4.32 $3.48
Growth (year on year)
Revenue — +5.7% +9.5% +10.8% −14.9% −12.3% −6.4% −4.2% +517.9% −14.0% +2.7% +7.2% +9.1% +5.3% +8.2%
EBITDA — −5.3% +23.0% −3.0% −19.5% −35.9% −297.5% — — — — — +52.9% +14.0% +17.5%
Operating income — −11.2% +44.0% −7.6% −43.0% −113.9% — — — — — — +118.3% +19.8% +11.1%
Net income — — +140.2% −8.5% −49.1% −191.6% — — <−999% — — — — +36.2% −12.5%
Diluted EPS — — — −4.5% −50.0% −192.9% — — <−999% — — — — +34.6% −13.1%
Margins
EBITDA margin 30.5% 27.3% 30.7% 26.9% 25.4% 18.6% −39.2% 30.5% — — — 10.1% 14.2% 15.4% 15.7%
Operating margin 14.0% 11.7% 15.4% 12.9% 8.6% −1.4% −59.0% 12.7% — — — 4.7% 9.4% 10.7% 10.0%
Net margin 0.8% 2.9% 6.3% 5.2% 3.1% −3.2% −12.2% 6.3% −24.6% −4.8% 0.8% −0.5% 6.7% 8.7% 6.7%
Free-cash-flow margin −45.7% −36.3% −15.3% −8.6% −5.5% 7.8% 1.4% 20.4% −11.0% 7.0% −3.2% −3.8% −5.5% 3.8% −2.2%
Cash flow
Cash from operations 41 14 64 78 44 59 20 54 −109 97 −8 32 177 198 133
Capital spending 159 113 110 107 60 39 17 9 41 15 31 82 255 142 167
Free cash flow −118 −99 −46 −28 −16 19 3 45 −150 82 −39 −49 −78 56 −34
Stock-based pay 0 0 2 6 4 5 5 3 6 12 — 16 16 17 17
Free cash flow after stock pay −118 −99 −48 −34 −19 15 −1 42 −157 70 — −66 −94 39 −51
Balance sheet
Cash 79 12 31 41 14 27 14 51 — — 160 180 248 286 312
Total debt 0 283 285 312 275 236 208 165 165 574 526 562 706 684 745
Net debt (negative = net cash) −79 272 254 272 261 209 195 114 — — 366 382 459 397 433
Diluted shares 10m 25m 20m 20m 20m 20m 21m 21m 36m 32m 28m 28m 30m 30m 30m
Returned to shareholders
Buybacks — — 0 0 2 0 0 0 0 11 — 3 4 15 18
Total returned — — 0 0 2 0 0 0 0 11 — 3 4 15 18

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 7 checks passed · June 30, 2026
What it owns · $2.4bn
Short-term assets $755mLonger-term assets $1.6bn
What it owes, and who funded it · $2.4bn
Short-term liabilities $334mLonger-term liabilities $960mShareholders' equity $1.1bn
  • Short-term assets cover short-term liabilities $755m of assets due within a year against $334m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $755m short-term assets against $960m of longer-dated liabilities.
  • More cash than debt $312m of cash against $745m of debt.
  • Debt below 40% of shareholders' equity Debt is 68% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 61% to 68% over five years.
  • A year's operating cash flow covers at least 20% of debt $133m of operating cash flow against $745m of debt.
  • Operating profit covers interest at least five times over Operating income of $157m against $46m of interest.

From Bristow Group Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$17.8M
Returned to shareholders
-52%
of free cash flow
Buybacks, last 3 fiscal years
$22M
Diluted share count
+0.7%
year over year
Total shareholder yield
1.4%
dividends 0.0% + buybacks 1.4% of market value

Competitors: side by side with peers

Closest by revenue in oil & gas equipment & services
Last 12 months unless stated VTOL WHD AROC WTTR KGS ACDC Median
Revenue, last 12 months $1.6bn $1.5bn $1.5bn $1.4bn $1.4bn $1.8bn $1.2bn
Revenue growth, last 12 months 8.2% 40.4% 11.5% −2.0% 8.2% −16.2% 3.7%
Revenue growth, 3-year average 8.0% 14.9% 18.2% −3.2% 22.6% −16.4% 2.0%
Revenue growth, latest quarter 9.4% 63.2% −3.1% 8.7% 21.1% −0.8% 7.3%
Gross margin — 33.5% 48.9% 16.1% 37.9% 0.2% 21.1%
Operating margin 10.0% 18.8% — 3.5% 27.4% −15.0% 7.3%
Operating margin, 3-year average 6.5% 23.0% — 3.6% 25.6% −6.5% 7.2%
Net margin 6.7% 12.0% 21.8% 2.2% 5.8% −22.8% 2.6%
Cash from operations / revenue 8.5% 21.1% 48.2% 16.4% 34.4% 4.8% 11.7%
Free-cash-flow margin −2.2% 13.5% 19.4% −5.7% 0.4% −3.4% 2.0%
Free-cash-flow margin, 3-year average −3.0% 18.6% 10.0% 1.0% 4.0% 2.4% 4.0%
Stock pay / revenue 1.1% 1.8% 1.6% 1.9% 1.9% 0.6% 1.1%
Change in share count 0.7% — 1.3% — 1.5% 12.0% 1.0%

Median of all 35 companies we cover in oil & gas equipment & services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

35 oil & gas equipment & services companies
Measure Company Peer median Rank
Revenue growth Growth 8.2% 3.7% 12 of 35
Change in growth rate Growth +1.2pp +1.5pp 18 of 34
Operating margin Profitability 10.0% 7.2% 12 of 32
Net margin Profitability 6.7% 2.6% 13 of 35
Free-cash-flow margin Cash generation -2.2% 2.0% 23 of 35
Stock pay as % of revenue Cash generation 1.1% 1.1% 15 of 32
Long-term debt as % of assets Balance sheet 30.1% 22.6% 23 of 32
Change in share count Balance sheet 0.7% 1.0% 14 of 31

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Offshore Energy Services $990M 66.5% ▲ 2.5%
Government Services $379M 25.5% ▲ 15.1%
All Other Segments $121M 8.1% ▲ 0.7%
Corporate $0 0.0% —
Geography
Region Revenue Share YoY
United Kingdom $412M 27.6% ▲ 4.4%
Other Countries $364M 24.4% ▲ 3.1%
NO $276M 18.5% ▲ 2.0%
United States $247M 16.5% ▲ 8.6%
NG $192M 12.9% ▲ 12.8%

From Bristow Group Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.2B
Institutions reporting
223
Shares held vs prior quarter
▲ 1.9%
Positions opened / closed
32 / 27

Top buyers and sellers, Q2 2026: 125 institutions bought and 87 sold ; the biggest buyer was First Trust Advisors LP (+580K shares) and the biggest seller Encompass Capital Advisors LLC (−587K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $162M 3.9M 13.2% ▲ 0.7%
Solus Alternative Asset Management LP $119M 2.9M 9.7% 0.0%
Dimensional Fund Advisors LP $74.7M 1.8M 6.1% ▲ 3.1%
South Dakota Investment Council $66.3M 1.6M 5.4% ▼ 18.4%
Brown Advisory Inc $53M 1.3M 4.3% ▼ 2.0%
State Street Corp $46.4M 1.1M 3.8% ▲ 5.9%
Vanguard Capital Management LLC $46.1M 1.1M 3.8% ▲ 3.7%
Empyrean Capital Partners, LP $44.1M 1.1M 3.6% ▼ 8.8%
Taconic Capital Advisors LP $43.9M 1.1M 3.6% ▲ 1.5%
American Century Companies Inc $42M 1.0M 3.4% ▲ 12.4%
Vanguard Portfolio Management LLC $34.5M 835K 2.8% ▲ 0.3%
Wellington Management Group LLP $29.6M 716K 2.4% ▼ 0.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Bristow Group Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $18.5M 41 trades by 12 insiders · 0% under pre-set plans
Net ▼ $18.5M net selling
Insider Date Trade Shares Price Value
Solus Alternative Asset Management Lp 10% owner September 23, 2026 Sell 897 $43.00 $38,571
Brass Lorin L. Director September 22, 2026 Sell 3,000 $42.42 $127,260
Solus Alternative Asset Management Lp 10% owner September 22, 2026 Sell 377 $43.00 $16,211
Brass Lorin L. Director September 21, 2026 Sell 1,000 $41.54 $41,540
Pucillo Christopher Director September 14, 2026 Sell 3,000 $43.03 $129,090
Pucillo Christopher Director September 11, 2026 Sell 5,000 $43.00 $215,000
Pucillo Christopher Director September 3, 2026 Sell 41 $45.75 $1,876
Pucillo Christopher Director September 2, 2026 Sell 12,045 $45.68 $550,216
Truelove Brian D. Director September 1, 2026 Sell 3,500 $45.87 $160,545
Brass Lorin L. Director September 1, 2026 Sell 350 $46.03 $16,110
Pucillo Christopher Director September 1, 2026 Sell 15,000 $45.85 $687,750
Brass Lorin L. Director August 25, 2026 Sell 200 $46.55 $9,310

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 5, 2026
  • February 25, 2026
  • November 4, 2025
  • August 5, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on Bristow Group Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Bristow Group Inc. in brief

What does Bristow Group Inc. do?
Bristow Group Inc. is a US-listed company in the oil & gas equipment & services industry. Its financial year ends in December.
What is Bristow Group Inc.'s stock ticker?
Bristow Group Inc. trades under the ticker VTOL on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Bristow Group Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Bristow Group Inc. reported revenue of $1.6B, 8.2% higher than a year earlier, according to its SEC filings.
What is Bristow Group Inc.'s free cash flow?
Bristow Group Inc.'s free-cash-flow margin is -2.2% of revenue over the trailing twelve months, ranking 23 of the 35 oil & gas equipment & services companies we cover.
Who are Bristow Group Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Solus Alternative Asset Management LP and Dimensional Fund Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Bristow Group Inc. buying back stock, and does it pay a dividend?
Bristow Group Inc. spent $17.8M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.7% over the year.
What is Bristow Group Inc.'s market cap?
On November 2, 2026, Bristow Group Inc.'s market capitalisation was about $1.2B, with a price-to-earnings ratio of 11.9 and net debt of $433M. Market figures come from third-party market data and may be delayed.
How much debt does Bristow Group Inc. have?
Bristow Group Inc.'s debt-to-equity ratio is 68.4%, from its latest balance sheet (61.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are Bristow Group Inc.'s competitors?
In our Oil & Gas Equipment & Services peer group, the companies closest to Bristow Group Inc. are Cactus, Inc., Archrock, Inc., Select Water Solutions, Inc., Kodiak Gas Services, Inc. and Profrac Holding Corp. The side-by-side comparison below sets their revenue, margins and growth against Bristow Group Inc.'s.
Are insiders buying or selling Bristow Group Inc. stock?
Over the last 12 months, Bristow Group Inc.'s directors and officers reported 0 open-market purchases and 41 sales on Form 4. The insider trading page charts every trade.
When is Bristow Group Inc.'s next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Bristow Group Inc. announces its own schedule.