VTOL Stock Analysis: Bristow | NYSE
Oil & Gas Equipment & Services | NYSE, USA | Market Cap: 1.155m USD | 12M Return: 1.7% | US11040G1031 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.78M
EPS Trend: 76.9%
Qual. Beats: 0
Rev. Trend: 98.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Bristow Group Inc. (NYSE: VTOL) is a Houston-based provider of vertical flight and aviation solutions, founded in 1948 and operating across the UK, Norway, the United States, Nigeria, and other international markets. The company serves offshore energy operators and government agencies through three reporting segments: Offshore Energy Services, Government Services, and Other Services. Its service portfolio includes personnel transport, search and rescue (SAR), medevac, fixed wing transport, unmanned systems, and ad-hoc helicopter charters. Beyond flight operations, Bristow generates revenue from aircraft dry leasing to third-party operators, parts sales, maintenance and logistical support, crew training, and scheduled passenger transport.
As a small-cap stock classified within the Energy sector under the GICS Oil & Gas Equipment & Services sub-industry, Bristows business model is closely tied to the offshore energy cycle, particularly offshore oil and gas production activity, as well as government contract demand for SAR and utility aviation services. The combination of contracted government work and energy-sector exposure provides a degree of revenue diversification, though offshore energy spending typically remains the dominant earnings driver for helicopter transport operators in this segment.
- Offshore helicopter demand rises with oil and gas capex recovery
- Government SAR contract wins expand recurring revenue base
- Norway and UK production growth drives offshore flight hours
| Net Income: 80.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 1.55 > 1.0 |
| NWC/Revenue: 21.86% < 20% (prev 21.67%; Δ 0.19% < -1%) |
| CFO/TA 0.07 > 3% & CFO 170.7m > Net Income 80.4m |
| Net Debt (964.2m) to EBITDA (269.4m): 3.58 < 3 |
| Current Ratio: 1.99 > 1.5 & < 3 |
| Outstanding Shares: last quarter (29.9m) vs 12m ago -0.27% < -2% |
| Gross Margin: 41.99% > 18% (prev 28.83%; Δ 13.15% > 0.5%) |
| Asset Turnover: 68.90% > 50% (prev 65.67%; Δ 3.24% > 0%) |
| Interest Coverage Ratio: 3.24 > 6 (EBIT TTM 157.0m / Interest Expense TTM 48.4m) |
| A: 0.15 (Total Current Assets 708.8m - Total Current Liabilities 355.6m) / Total Assets 2.42b |
| B: 0.20 (Retained Earnings 492.3m / Total Assets 2.42b) |
| C: 0.07 (EBIT TTM 157.0m / Avg Total Assets 2.34b) |
| D: 0.83 (Book Value of Equity 1.10b / Total Liabilities 1.32b) |
| Altman-Z'' = 2.94 = A |
| DSRI: 1.04 (Receivables 263.2m/233.6m, Revenue 1.62b/1.49b) |
| GMI: 0.69 (GM 28.83% / 41.99%) |
| AQI: 1.25 (AQ_t 0.11 / AQ_t-1 0.09) |
| SGI: 1.08 (Revenue 1.62b / 1.49b) |
| TATA: -0.04 (NI 80.4m - CFO 170.7m) / TA 2.42b) |
| Beneish M = -3.07 (Cap -4..+1) = AA |
As of November 10, 2026, the stock is trading at USD 38.27 with a total of 206,347 shares traded. Over the past week, the price has changed by -7.16%, over one month by -5.95%, over three months by -17.53% and over the past year by +1.74%.
Current recommended Stop Loss: 36.00 (which is 5.9% or 1.3 ATR below the current price).
Bristow has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy VTOL.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 64.3 | 68.1% |
P/E Trailing = 14.5373
P/S = 0.7384
P/B = 1.1059
Revenue TTM = 1.62b USD
EBIT TTM = 157.0m USD
EBITDA TTM = 269.4m USD
Long Term Debt = 643.5m USD (from longTermDebt, last fiscal year)
Short Term Debt = 94.7m USD (from shortTermDebt, last quarter)
Debt = 1.20b USD (from shortLongTermDebtTotal, last quarter) + Leases 224.3m
Net Debt = 964.2m USD (calculated: Debt 1.20b - CCE 235.8m)
Enterprise Value = 2.12b USD (1.15b + Debt 1.20b - CCE 235.8m)
Interest Coverage Ratio = 3.24 (Ebit TTM 157.0m / Interest Expense TTM 48.4m)
EV/FCF = 176.3x (Enterprise Value 2.12b / FCF TTM 12.0m)
FCF Yield = 0.57% (FCF TTM 12.0m / Enterprise Value 2.12b)
FCF Margin = 0.74% (FCF TTM 12.0m / Revenue TTM 1.62b)
Net Margin = 4.98% (Net Income TTM 80.4m / Revenue TTM 1.62b)
Gross Margin = 41.99% ((Revenue TTM 1.62b - Cost of Revenue TTM 937.3m) / Revenue TTM)
Gross Margin QoQ = 28.68% (prev 26.43%)
Tobins Q-Ratio = 0.88 (Enterprise Value 2.12b / Total Assets 2.42b)
Interest Expense / Debt = 4.03% (Interest Expense 48.4m / Debt 1.20b)
Taxrate = 16.36% (15.8m / 96.5m)
NOPAT = 131.3m (EBIT 157.0m * (1 - 16.36%))
Current Ratio = 1.99 (Total Current Assets 708.8m / Total Current Liabilities 355.6m)
Debt / Equity = 1.10 (Debt 1.20b / totalStockholderEquity, last quarter 1.10b)
Debt / EBITDA = 3.58 (Net Debt 964.2m / EBITDA 269.4m)
Debt / FCF = 80.23 (Net Debt 964.2m / FCF TTM 12.0m)
Total Stockholder Equity = 1.08b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.43% (Net Income 80.4m / Total Assets 2.42b)
RoE = 7.47% (Net Income TTM 80.4m / Total Stockholder Equity 1.08b)
RoCE = 9.13% (EBIT 157.0m / Capital Employed (Equity 1.08b + L.T.Debt 643.5m))
RoIC = 6.32% (NOPAT 131.3m / Invested Capital 2.08b)
WACC = 5.30% (E(1.15b)/V(2.35b) * Re(7.31%) + D(1.20b)/V(2.35b) * Rd(4.03%) * (1-Tc(0.16)))
Discount Rate = 7.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 78.25 | Cagr: 0.59%
[DCF] Terminal Value 75.44% ; FCFF base≈12.0m ; Y1≈12.1m ; Y5≈12.8m
[DCF] Fair Price = N/A (negative equity: EV 198.8m - Net Debt 964.2m = -765.3m; debt exceeds intrinsic value)
EPS Correlation: 76.88 | EPS CAGR: 51.72% | SUE: -0.57 | # QB: 0
Revenue Correlation: 98.17 | Revenue CAGR: 7.02% | SUE: -0.02 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.86 | Chg30d=-6.99% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=3.48 | Chg30d=-11.01% | Revisions=-50% | GrowthEPS=-19.5% | GrowthRev=+12.2%
EPS next Year (2027-12-31): EPS=5.15 | Chg30d=-4.22% | Revisions=-40% | GrowthEPS=+48.0% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: -62% (up=0, down=5)