Bristow Group Inc
NYSE:VTOL
Income Statement
Earnings Waterfall
Bristow Group Inc
Revenue
|
1.3B
USD
|
Cost of Revenue
|
-990.4m
USD
|
Gross Profit
|
307m
USD
|
Operating Expenses
|
-252.4m
USD
|
Operating Income
|
54.7m
USD
|
Other Expenses
|
-61.5m
USD
|
Net Income
|
-6.8m
USD
|
Income Statement
Bristow Group Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
299
N/A
|
311
+4%
|
323
+4%
|
333
+3%
|
331
0%
|
319
-4%
|
303
-5%
|
283
-7%
|
282
0%
|
277
-2%
|
270
-3%
|
265
-2%
|
247
-7%
|
239
-3%
|
234
-2%
|
230
-2%
|
231
+1%
|
234
+1%
|
234
0%
|
227
-3%
|
222
-2%
|
216
-3%
|
213
-1%
|
218
+2%
|
226
+4%
|
232
+3%
|
447
+93%
|
692
+55%
|
942
+36%
|
1 178
+25%
|
1 208
+3%
|
1 205
0%
|
1 191
-1%
|
1 185
0%
|
1 186
+0%
|
1 192
+0%
|
923
-23%
|
1 225
+33%
|
1 242
+1%
|
1 273
+2%
|
1 297
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(187)
|
(193)
|
(201)
|
(204)
|
(204)
|
(198)
|
(184)
|
(172)
|
(172)
|
(172)
|
(180)
|
(177)
|
(170)
|
(163)
|
(157)
|
(161)
|
(167)
|
(167)
|
(166)
|
(159)
|
(152)
|
(151)
|
(149)
|
(152)
|
(155)
|
(156)
|
(317)
|
(518)
|
(716)
|
(890)
|
(918)
|
(907)
|
(901)
|
(918)
|
(924)
|
(933)
|
(715)
|
(951)
|
(967)
|
(977)
|
(990)
|
|
Gross Profit |
112
N/A
|
118
+5%
|
122
+4%
|
129
+5%
|
127
-1%
|
121
-5%
|
120
-1%
|
110
-8%
|
110
N/A
|
105
-5%
|
90
-14%
|
88
-2%
|
77
-12%
|
76
-2%
|
76
+1%
|
69
-9%
|
64
-8%
|
67
+5%
|
68
+1%
|
68
+1%
|
70
+3%
|
65
-7%
|
64
-1%
|
66
+2%
|
72
+9%
|
76
+6%
|
130
+72%
|
174
+34%
|
226
+29%
|
288
+28%
|
291
+1%
|
299
+3%
|
290
-3%
|
267
-8%
|
263
-2%
|
259
-1%
|
208
-20%
|
274
+32%
|
275
+0%
|
297
+8%
|
307
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(85)
|
(87)
|
(87)
|
(91)
|
(90)
|
(89)
|
(90)
|
(88)
|
(90)
|
(91)
|
(89)
|
(88)
|
(86)
|
(85)
|
(87)
|
(88)
|
(88)
|
(89)
|
(92)
|
(87)
|
(85)
|
(81)
|
(74)
|
(74)
|
(76)
|
(80)
|
(131)
|
(170)
|
(205)
|
(223)
|
(232)
|
(231)
|
(233)
|
(234)
|
(230)
|
(231)
|
(173)
|
(237)
|
(243)
|
(250)
|
(252)
|
|
Selling, General & Administrative |
(39)
|
(41)
|
(42)
|
(45)
|
(44)
|
(42)
|
(43)
|
(41)
|
(43)
|
(42)
|
(40)
|
(38)
|
(36)
|
(37)
|
(39)
|
(41)
|
(42)
|
(44)
|
(49)
|
(47)
|
(45)
|
(42)
|
(36)
|
(36)
|
(38)
|
(42)
|
(86)
|
(116)
|
(143)
|
(153)
|
(155)
|
(155)
|
(158)
|
(159)
|
(162)
|
(164)
|
(123)
|
(170)
|
(174)
|
(179)
|
(182)
|
|
Depreciation & Amortization |
(46)
|
(45)
|
(45)
|
(46)
|
(46)
|
(47)
|
(47)
|
(47)
|
(47)
|
(49)
|
(50)
|
(50)
|
(49)
|
(48)
|
(47)
|
(47)
|
(46)
|
(45)
|
(43)
|
(40)
|
(40)
|
(39)
|
(38)
|
(38)
|
(38)
|
(38)
|
(45)
|
(54)
|
(62)
|
(70)
|
(77)
|
(76)
|
(75)
|
(75)
|
(68)
|
(67)
|
(50)
|
(67)
|
(69)
|
(71)
|
(71)
|
|
Operating Income |
28
N/A
|
31
+12%
|
35
+13%
|
38
+8%
|
37
-4%
|
32
-13%
|
30
-5%
|
22
-28%
|
20
-7%
|
14
-31%
|
0
-97%
|
(0)
N/A
|
(8)
-2 633%
|
(10)
-18%
|
(10)
-5%
|
(19)
-81%
|
(24)
-30%
|
(22)
+9%
|
(24)
-10%
|
(19)
+23%
|
(15)
+21%
|
(16)
-6%
|
(10)
+37%
|
(9)
+12%
|
(4)
+48%
|
(4)
+2%
|
(1)
+81%
|
4
N/A
|
20
+374%
|
65
+218%
|
59
-9%
|
68
+15%
|
57
-17%
|
33
-42%
|
33
N/A
|
29
-12%
|
35
+21%
|
37
+7%
|
32
-14%
|
47
+45%
|
55
+17%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(17)
|
(16)
|
(15)
|
(17)
|
(18)
|
(20)
|
(19)
|
(16)
|
(15)
|
(13)
|
(14)
|
(15)
|
(17)
|
(16)
|
(16)
|
(17)
|
(16)
|
(17)
|
(18)
|
(17)
|
(14)
|
(13)
|
(11)
|
(11)
|
(11)
|
(13)
|
(9)
|
(17)
|
(26)
|
(34)
|
(47)
|
(46)
|
(45)
|
(43)
|
(41)
|
(41)
|
(28)
|
(36)
|
(33)
|
(28)
|
(26)
|
|
Non-Reccuring Items |
18
|
11
|
7
|
4
|
4
|
4
|
4
|
5
|
6
|
5
|
7
|
5
|
5
|
3
|
6
|
(111)
|
(113)
|
(108)
|
(115)
|
44
|
43
|
38
|
40
|
(1)
|
1
|
1
|
(12)
|
(44)
|
(98)
|
(196)
|
(191)
|
(164)
|
(110)
|
(33)
|
(14)
|
(7)
|
(7)
|
(4)
|
(0)
|
(3)
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
13
|
13
|
13
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
79
|
95
|
101
|
109
|
36
|
35
|
33
|
39
|
49
|
45
|
20
|
17
|
(13)
|
(19)
|
(10)
|
|
Pre-Tax Income |
29
N/A
|
26
-11%
|
27
+3%
|
25
-5%
|
23
-11%
|
16
-29%
|
28
+75%
|
25
-12%
|
24
-2%
|
19
-20%
|
(7)
N/A
|
(10)
-55%
|
(19)
-90%
|
(23)
-18%
|
(21)
+9%
|
(146)
-606%
|
(153)
-4%
|
(147)
+4%
|
(157)
-7%
|
9
N/A
|
14
+60%
|
10
-30%
|
19
+92%
|
(21)
N/A
|
(15)
+30%
|
(16)
-10%
|
57
N/A
|
39
-32%
|
(3)
N/A
|
(57)
-1 669%
|
(144)
-154%
|
(107)
+25%
|
(65)
+40%
|
(4)
+93%
|
27
N/A
|
26
-2%
|
21
-20%
|
14
-32%
|
(14)
N/A
|
(3)
+76%
|
18
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(12)
|
(11)
|
(11)
|
(11)
|
(8)
|
(6)
|
(11)
|
(10)
|
(14)
|
(13)
|
(4)
|
(3)
|
3
|
4
|
4
|
49
|
53
|
51
|
53
|
0
|
(3)
|
(2)
|
(6)
|
1
|
1
|
0
|
5
|
(3)
|
(18)
|
0
|
2
|
(4)
|
11
|
(11)
|
(24)
|
(10)
|
(8)
|
(2)
|
20
|
(2)
|
(25)
|
|
Income from Continuing Operations |
18
|
15
|
16
|
14
|
14
|
10
|
17
|
15
|
10
|
6
|
(11)
|
(13)
|
(16)
|
(18)
|
(17)
|
(97)
|
(100)
|
(96)
|
(103)
|
9
|
11
|
8
|
13
|
(20)
|
(14)
|
(16)
|
61
|
35
|
(21)
|
(56)
|
(142)
|
(111)
|
(54)
|
(16)
|
3
|
16
|
14
|
12
|
7
|
(6)
|
(7)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
7
|
7
|
7
|
7
|
1
|
0
|
1
|
1
|
0
|
1
|
1
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
1
|
1
|
1
|
1
|
3
|
2
|
1
|
(0)
|
(2)
|
(2)
|
(1)
|
(0)
|
1
|
2
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
11
|
11
|
10
|
11
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
18
N/A
|
17
-9%
|
17
+1%
|
16
-5%
|
17
+9%
|
13
-26%
|
19
+47%
|
15
-19%
|
9
-43%
|
5
-44%
|
(5)
N/A
|
(6)
-31%
|
(8)
-36%
|
(10)
-23%
|
(15)
-48%
|
(95)
-557%
|
(28)
+70%
|
(24)
+16%
|
(31)
-32%
|
81
N/A
|
14
-83%
|
9
-34%
|
24
+169%
|
(9)
N/A
|
(4)
+60%
|
(5)
-39%
|
195
N/A
|
169
-13%
|
112
-33%
|
77
-31%
|
(142)
N/A
|
(111)
+22%
|
(54)
+51%
|
(16)
+71%
|
2
N/A
|
16
+571%
|
14
-16%
|
12
-11%
|
6
-47%
|
(6)
N/A
|
(7)
-17%
|
|
EPS (Diluted) |
2.7
N/A
|
2.39
-11%
|
2.46
+3%
|
2.34
-5%
|
2.55
+9%
|
1.87
-27%
|
2.75
+47%
|
2.25
-18%
|
1.27
-44%
|
0.71
-44%
|
-0.66
N/A
|
-0.87
-32%
|
-1.18
-36%
|
-1.43
-21%
|
-2.11
-48%
|
-13.81
-555%
|
-4.08
+70%
|
-3.38
+17%
|
-4.4
-30%
|
11.46
N/A
|
1.93
-83%
|
1.28
-34%
|
3.42
+167%
|
-1.3
N/A
|
-0.51
+61%
|
-0.72
-41%
|
4.98
N/A
|
5.73
+15%
|
3.88
-32%
|
2.43
-37%
|
-4.94
N/A
|
-3.87
+22%
|
-1.91
+51%
|
-0.55
+71%
|
0.09
N/A
|
0.57
+533%
|
0.47
-18%
|
0.42
-11%
|
0.22
-48%
|
-0.21
N/A
|
-0.24
-14%
|