Hornbeck Offshore Services Inc (HOS) vs Bristow Group Inc. (VTOL)

Hornbeck Offshore Services Inc and Bristow Group Inc. are both Oil & Gas Equipment & Services companies. Hornbeck Offshore Services Inc is the larger, with a market value of $1.8B against $1.3B — 1.5× the size. Bristow Group Inc. trades at the lower P/E: 11.9× against 30.3×. Hornbeck Offshore Services Inc grew revenue faster over the last twelve months: 10.3% against 8.19%. Bristow Group Inc. has the higher net margin (6.66% vs 2.93%) and the higher return on invested capital (6.45% vs 3.71%). Across the 22 metrics below, Hornbeck Offshore Services Inc leads on 11 and Bristow Group Inc. on 11.

Valuation

Metric HOS VTOL Oil & Gas Equipment & Services median
P/E 30.33 11.90 24.78
P/S 0.89 0.81 1.28
P/B 0.76 1.16 1.85
Price to free cash flow 5.12 47.78 15.03
EV/EBITDA 3.24 6.12 8.93
EV/Sales 0.63 1.08 1.40
Earnings yield 3.30% 8.40% 3.12%
Free cash flow yield 19.52% 2.09% 5.01%

Profitability

Metric HOS VTOL Oil & Gas Equipment & Services median
Gross margin 13.53% 25.64% 23.27%
Operating margin 5.42% 10.03% 9.34%
Net margin 2.93% 6.66% 4.69%
Free cash flow margin 17.39% 1.69% 5.05%
Return on equity 2.52% 10.05% 4.92%
Return on assets 1.51% 4.46% 2.37%
Return on invested capital 3.71% 6.45% 4.32%

Growth

Metric HOS VTOL Oil & Gas Equipment & Services median
Revenue growth (TTM) 10.30% 8.19% 6.08%
EPS growth (last fiscal year) (41.67%) 34.58% —
Revenue growth, 5-year CAGR 11.98% 4.82% 10.60%
Net income growth, 5-year CAGR 9.44% 10.93% 0.00%

Health

Metric HOS VTOL Oil & Gas Equipment & Services median
Debt to equity 0.19 0.68 0.46
Current ratio 3.47 2.26 2.11
Net debt to EBITDA (0.54) 1.47 0.76

Dividend

Metric HOS VTOL Oil & Gas Equipment & Services median
Dividend yield — — 2.12%
Payout ratio 0.00 0.00 0.00

Size

Metric HOS VTOL Oil & Gas Equipment & Services median
Market cap 1.84b 1.25b 1.81b

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