Bristow Group Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
VTOL$38.27+2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(In thousands, except per share amounts)
| Twelve Months Ended December 31, 2024 | Twelve Months Ended December 31, 2023 | Nine Months EndedDecember 31, 2022 | |
|---|---|---|---|
| Total revenues | $1,415,491 | $1,297,429 | $922,569 |
| Costs and expenses: | |||
| Operating expenses | |||
| Personnel | 340,560 | 323,681 | 220,172 |
| Repairs and maintenance | 273,284 | 253,916 | 199,754 |
| Insurance | 24,907 | 23,785 | 13,308 |
| Fuel | 86,946 | 91,499 | 85,902 |
| Leased-in equipment | 103,540 | 99,096 | 71,923 |
| Other | 212,881 | 198,426 | 123,811 |
| Total operating expenses | 1,042,118 | 990,403 | 714,870 |
| General and administrative expenses | 175,550 | 181,745 | 123,041 |
| Merger and integration costs | — | 2,201 | 994 |
| Depreciation and amortization expense | 68,287 | 70,606 | 49,587 |
| Total costs and expenses | 1,285,955 | 1,244,955 | 888,492 |
| Loss on impairment | — | — | (5,187) |
| Gains (losses) on disposal of assets | (1,045) | 1,112 | (480) |
| Earnings from unconsolidated affiliates | 4,117 | 7,165 | 1,461 |
| Operating income | 132,608 | 60,751 | 29,871 |
| Interest income | 8,901 | 8,646 | 1,651 |
| Interest expense, net | (37,581) | (41,417) | (30,707) |
| Other, net | (1,865) | (9,968) | 20,264 |
| Total other income (expense), net | (30,545) | (42,739) | (8,792) |
| Income before income taxes | 102,063 | 18,012 | 21,079 |
| Income tax expense | (7,193) | (24,932) | (7,494) |
| Net income (loss) | 94,870 | (6,920) | 13,585 |
| Net loss (income) attributable to noncontrolling interests | (73) | 140 | (57) |
| Net income (loss) attributable to Bristow Group Inc. | $94,797 | $(6,780) | $13,528 |
| Earnings (losses) per common share: | |||
| Basic | $3.32 | $(0.24) | $0.48 |
| Diluted | $3.21 | $(0.24) | $0.47 |
| Weighted average shares of common stock outstanding: | |||
| Basic | 28,515 | 28,139 | 28,066 |
| Diluted | 29,552 | 28,139 | 28,574 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.