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Bristow Group Inc.

VTOL

Energy Oil & Gas Equipment & Services

Revenue
+13.4%
EPS
−47.3%
Free cash flow
+165.0%
Total debt
+9.89%

Quarter to September 2026, against a year earlier

41.02 0.07 −0.17%
Market cap
$1.2B
P/E
15.0×
Fwd P/E
13.1×
Dividend yield
0.91%
F-score
6/9
ROIC
6.01%
Net debt / EBITDA
1.5×
Dividend safety
66/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Net sold
$10.1M
Trades
21 sells · 0 buys
Ownership
4.24%

Capital & Financial Ratios $m

Size
Market Cap 1,200
Revenue ttm 1,616
Net income ttm 81
Free cash flow ttm 63
Net debt Q 506
Valuation
P/E 15.0
Forward P/E 13.1
Price / sales 0.7
Forward P/S Powerpack
Price / FCF 19.0
Price / book 1.1
Financial health
Current ratio Q 2.0 (at or above 1.5: strong)
Debt / equity Q 0.7
Interest coverage Q 4.0
Growth
Revenue growth Q +13.4% (above 0%: growing)
Operating income growth Q −5.6% (below 0%: shrinking)
EPS, this year −30.0% (below 0%: weak)
EPS, next year A +46.9% (at or above 15%: strong)
Revenue, next year A +12.1% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +7.3%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.1×, against a ten-year median of 1.1×; over the ten years it ranged from 0.4× in 2020 to 2.4× in 2019.
P/E against its own 10 years 49.01%
10-year low 10-year high
P/S against its own 10 years 45.95%
10-year low 10-year high
P/B against its own 10 years 77.70%
10-year low 10-year high
EV/Sales against its own 10 years 40.21%
10-year low 10-year high
EV/FCF against its own 10 years 78.50%
10-year low 10-year high

Dividends

Yield
0.91%
Annual rate
0.38
Payout ratio
14.0%
  1. 0.50 ’26
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 184 251 294 236
Receivables 235 212 217 263
Inventory 100 115 133 151
Other — — — —
564 619 694 709
2023 2024 2025 Q'26
Payables 88 83 86 79
ST’ Debt 13 19 28 27
Other — — — —
310 326 365 356

Compound Annual Growth %

10y 5y 3y
Sales 20.48% 3.70% 7.94%
Cash Flow 25.73% 0.00% 17.01%
Earnings 0.00% 0.00% 0.00%
Book Value 9.05% 6.13% 10.43%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 1.18 Actual 0.93

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.46 0.61 Beat by 0.15
Q1 FY26 1.01 0.44 Miss by 0.57
Q2 FY26 0.84 0.70 Miss by 0.14
Q3 FY26 1.18 0.93 Miss by 0.25
Q4 FY26 0.88 — Reports 24 February 2027

EPS $

Mar Jun Sep Dec Year
’26 0.44 0.70 0.93 — —
’25 0.92 1.07 1.72 0.61 4.32
’24 0.23 0.96 0.95 1.07 3.21
’23 (0.05) 0.14 0.58 (0.10) (0.24)
’22 (0.15) (0.50) 0.10 0.00 (0.55)
’21 (1.47) 1.83 (0.95) (1.97) (1.78)
’20 (1.05) — — — (23.39)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 389 412 438 — —
’25 351 376 386 377 1,491
’24 337 360 365 354 1,415
’23 302 302 307 26 1,297
’22 287 301 302 296 1,185
’21 293 270 305 310 1,178
’20 57 — — — 1,243
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) 41 61 — —
’25 (1) 99 23 77 198
’24 27 34 66 51 177
’23 7 23 (18) (19) 32
’22 6 36 37 45 124
’21 97 (5) 42 25 97
’20 (2) — — — (108)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (25) (21) 60 — —
’25 (53) 91 22 50 111
’24 (38) (12) 9 (27) (69)
’23 (1) 21 (17) (19) (15)
’22 (2) — — — 107
’22 — 44 26 40 (14)
’21 150 — — — 150
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 247 231 222 226 1,243 1,178 1,185 1,297 1,415 1,491 1,616 +22.1% 1,671 1,756 1,875 +7.9%
Gross margin, % 31.29 27.61 31.65 31.63 24.34 27.75 26.35 23.66 26.38 26.05 26.20 (5.2) pt
EBT (19) (153) 14 (15) (748) (57) (4) 18 102 151 96 n/m
EBT margin, % (7.83) (66.01) 6.40 (6.52) (60.16) (4.81) (0.37) 1.39 7.21 10.15 5.97 +18.0 pt
Net income (15) (29) 13 (4) (697) (56) 0 (7) 95 129 81 n/m
Per share, $
Per share, $ Revenue 36.45 33.43 31.42 32.28 220.35 47.89 41.54 46.11 49.64 51.64 54.94 +3.9%
Earnings (1.17) (4.08) 1.92 (0.51) (123.58) (2.29) (0.55) (0.24) 3.32 4.47 2.73 n/m
Cash flow 8.63 2.90 7.70 3.93 (19.21) 3.94 4.34 1.14 6.22 6.87 5.81 (2.5%)
Capex (1.56) (1.07) 2.89 0.96 (10.38) 2.16 (0.58) (1.68) (8.63) (3.03) (3.65) +7.6%
Free cash flow 7.06 1.84 10.59 4.89 (29.59) 6.09 3.76 (0.54) (2.40) 3.85 2.16 (6.5%)
Book value 69.06 64.41 65.69 65.23 75.56 36.46 0.00 29.25 31.26 36.71 37.25 (6.8%)
Shares, m 7 7 7 7 6 25 29 28 29 29 29 +17.5%
Valuation, ×
Valuation, × P/E 0.00 0.00 14.10 0.00 0.00 12.68 0.00 0.00 10.33 8.19 14.99 4.5
P/S 1.39 0.97 0.83 0.34 0.11 0.54 0.88 0.61 0.69 0.71 0.75 0.7
P/B 0.73 0.50 0.40 0.75 0.26 0.71 1.25 0.96 1.10 1.00 1.10 0.8
EV/Sales 2.22 1.80 1.34 0.38 0.47 0.81 1.10 0.89 1.00 0.96 1.06 1.1
EV/FCF 11.46 32.74 3.97 (2.11) (2.54) 3.54 12.17 (75.73) (20.67) 12.92 26.96 (2.4)
Cash, $m
Cash, $m Operating cash flow 59 20 54 28 (108) 97 124 32 177 198 171 +14.5%
Capex (11) (7) 20 7 (59) 53 (17) (47) (246) (87) (107) +26.4%
Free cash flow 48 13 75 34 (167) 150 107 (15) (69) 111 63 +9.8%
Balance, $m
Balance, $m Working capital 71 50 87 145 226 281 208 254 294 329 353 +18.6%
Net debt 205 191 112 43 362 312 348 364 439 378 506 +7.0%
Shareholders’ equity 468 446 463 457 426 897 787 823 891 1,060 1,096 +9.5%
Returns, %
Returns, % ROA (0.81) (3.22) 1.79 (0.47) (53.36) 3.90 0.00 (0.36) 4.67 5.82 3.43 +6.6 pt
ROIC (0.31) (13.39) 3.05 (0.41) (6.92) (5.32) 0.00 3.20 6.23 6.90 6.01 +7.2 pt
ROE (1.70) (6.16) 3.06 (0.78) (163.76) 11.62 0.00 (0.84) 11.06 13.23 7.54 +14.9 pt
People
People Employees 846 747 693 707 — 3,167 2,916 3,298 3,447 3,660 — +17.7%
Revenue/emp, $m 0.29 0.31 0.32 0.32 0.00 0.37 0.41 0.39 0.41 0.41 — +3.8%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026

Bristow Group Inc. vs peers in Oil & Gas Equipment & Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
INVX Innovex International, Inc. $1.8B 36.3× 27.5× +10.44% (above 0%: growing) −34.09% (below 0%: shrinking) −74.11% (below 0%: shrinking) 36.17% 12.20% Compare
NEXT NextDecade Corporation $1.8B 5.4× — — n/m +24.70% (above 0%: growing) 0.00% 0.00% Compare
XPRO Expro Group Holdings N.V. $1.5B 985× 16.3× +6.95% (above 0%: growing) n/m −23.77% (below 0%: shrinking) 21.65% 1.11% Compare
RES RPC, Inc. $1.2B — (loss-making) 20.4× +4.61% (above 0%: growing) n/m −35.59% (below 0%: shrinking) 25.22% (11.50%) Compare
VTOL Bristow Group Inc. $1.2B 15.0× 13.1× +13.37% (above 0%: growing) −47.25% (below 0%: shrinking) +164.99% (above 0%: growing) 28.68% 10.89%
FTK Flotek Industries, Inc. $958.9M 30.9× 30.1× +104.09% (above 0%: growing) −35.09% (below 0%: shrinking) −376.03% (below 0%: shrinking) 23.96% 15.70% Compare
TTI Tetra Technologies, Inc. $930.7M 112× 26.1× +9.60% (above 0%: growing) +54.00% (above 0%: growing) −3,774.17% (below 0%: shrinking) 20.90% 5.79% Compare
PUMP ProPetro Holding Corp. $880.9M 570× 1,265× +20.91% (above 0%: growing) n/m −5,380.61% (below 0%: shrinking) 24.10% 3.10% Compare
FET Forum Energy Technologies, Inc. $869.3M 28.4× 18.9× +20.68% (above 0%: growing) n/m +40.56% (above 0%: growing) 31.42% 8.43% Compare
Median of peers $1.1B 36.3× 26.1× +10.44% −34.09% −54.85% 24.03% 4.45%

All 48 Oil & Gas Equipment & Services stocks →

Pay and ownership Proxy statement filed 20 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 5.71m 5.93m 139.13
2024 5.55m 9.94m 130.32
2023 5.09m 5.31m 107.41
2022 4.57m (66.48k) 103.08
2021 3.13m 5.40m 98.33

Ownership

Directors and executive officers, together 12.80%
BlackRock, Inc. 13.10%
Solus Alternative Asset Management LP 9.90%
Christopher Pucillo 9.70%
South Dakota Investment Council 7.20%
The Vanguard Group, Inc. 7.00%
Dimensional Fund Advisors LP 5.40%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Bristow Group Inc. (VTOL) Latest News

8 Nov

Impact 3 · · MarketBeat

4 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · Moby

3 Nov

Impact 3 · · StockStory
Impact 3 · · Zacks
Impact 3 · · PR Newswire

27 Oct

Impact 3 · · PR Newswire

20 Oct

Impact 3 · · StockStory

19 Oct

Impact 4 · · PR Newswire
Impact 3 · · StockStory

15 Oct

Impact 3 · · PR Newswire

18 Sep

Impact 3 ·

17 Sep

Impact 3 ·

15 Sep

Impact 3 ·

13 Aug

Impact 3 ·

11 Aug

Impact 3 · · The Motley Fool transcript

9 Aug

Impact 3 · · MarketBeat transcript

5 Aug

Impact 4 · · Moby transcript
Impact 3 ·
Impact 3 · transcript

4 Aug

Impact 4 ·
Impact 3 ·

23 Jul

Impact 3 ·

23 Jun

Impact 4 · · flyingmag.com
Impact 4 · · PR Newswire

4 Jun

Impact 3 · · Simply Wall St.

19 May

Impact 3 ·

15 May

Impact 3 · · StockStory

6 May

Impact 4 · · The Motley Fool transcript
Impact 3 · · Moby
stockrow.com/VTOL · Data as of Nov 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com