VTOL Q2 2024 Earnings — Bristow Group Inc. Revenue & Financial Results | Market Cap Arena

VTOLBristow Group Inc.

$1B

Q2 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$360M+15.5% YoY

Gross Profit

$112M31.2% margin

Operating Income

$45M12.4% margin

Net Income

$28M7.8% margin

EPS (Diluted)

$0.96

QoQ Revenue Growth

+6.7%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

-$17M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.1B

Stockholders' Equity

$849M

Cash & Equivalents

$179M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$360M	$312M	+15.5%
Gross Profit	$112M	$71M	+58.5%
Operating Income	$45M	$6M	+703.0%
Net Income	$28M	-$2M	+1820.0%

Revenue Segments

Service

$352M49%

Oil and Gas Service

$238M33%

Government Services

$79M11%

Fixed Wing Services

$32M4%

Reimbursable

$7M1%

Service, Other

$3M0%

Geographic Segments

Europe

$184M51%

Americas

$106M29%

Africa

$45M13%

Asia Pacific

$25M7%