Bristow (VTOL)
Market Price (12/28/2025): $36.66 | Market Cap: $1.1 BilSector: Energy | Industry: Oil & Gas Equipment & Services
Bristow (VTOL)
Market Price (12/28/2025): $36.66Market Cap: $1.1 BilSector: EnergyIndustry: Oil & Gas Equipment & Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.3% | Weak multi-year price returns2Y Excs Rtn is -16%, 3Y Excs Rtn is -31% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 64% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% | Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.6% | |
| Low stock price volatilityVol 12M is 39% | Key risksVTOL key risks include [1] a significant dependence on the volatile offshore energy market and [2] transition and execution challenges with major government contracts like the Irish Coast Guard and UK Search and Rescue. | |
| Megatrend and thematic driversMegatrends include Advanced Aviation & Space, and Offshore Wind Development. Themes include Advanced Helicopter Operations, Search & Rescue Aviation Technologies, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.3% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Low stock price volatilityVol 12M is 39% |
| Megatrend and thematic driversMegatrends include Advanced Aviation & Space, and Offshore Wind Development. Themes include Advanced Helicopter Operations, Search & Rescue Aviation Technologies, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -16%, 3Y Excs Rtn is -31% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 64% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.6% |
| Key risksVTOL key risks include [1] a significant dependence on the volatile offshore energy market and [2] transition and execution challenges with major government contracts like the Irish Coast Guard and UK Search and Rescue. |
Why The Stock Moved
Qualitative Assessment
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The request pertains to a specific stock movement for Bristow (VTOL) during a future time period (8/31/2025 to 12/28/2025). As an AI, I cannot predict future stock performance or the specific reasons for such movements. Therefore, I cannot fulfill this request.
Show moreStock Movement Drivers
Fundamental Drivers
The -3.3% change in VTOL stock from 9/27/2025 to 12/27/2025 was primarily driven by a -19.0% change in the company's P/E Multiple.| 9272025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 37.87 | 36.62 | -3.30% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1445.61 | 1466.77 | 1.46% |
| Net Income Margin (%) | 8.24% | 9.71% | 17.83% |
| P/E Multiple | 9.16 | 7.42 | -19.00% |
| Shares Outstanding (Mil) | 28.82 | 28.87 | -0.15% |
| Cumulative Contribution | -3.30% |
Market Drivers
9/27/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| VTOL | -3.3% | |
| Market (SPY) | 4.3% | 20.6% |
| Sector (XLE) | -3.9% | 43.8% |
Fundamental Drivers
The 9.8% change in VTOL stock from 6/28/2025 to 12/27/2025 was primarily driven by a 20.1% change in the company's Net Income Margin (%).| 6282025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 33.35 | 36.62 | 9.81% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1428.93 | 1466.77 | 2.65% |
| Net Income Margin (%) | 8.09% | 9.71% | 20.09% |
| P/E Multiple | 8.27 | 7.42 | -10.30% |
| Shares Outstanding (Mil) | 28.67 | 28.87 | -0.70% |
| Cumulative Contribution | 9.80% |
Market Drivers
6/28/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| VTOL | 9.8% | |
| Market (SPY) | 12.6% | 28.3% |
| Sector (XLE) | 4.5% | 42.6% |
Fundamental Drivers
The 10.2% change in VTOL stock from 12/27/2024 to 12/27/2025 was primarily driven by a 146.9% change in the company's Net Income Margin (%).| 12272024 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 33.23 | 36.62 | 10.20% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1399.90 | 1466.77 | 4.78% |
| Net Income Margin (%) | 3.93% | 9.71% | 146.88% |
| P/E Multiple | 17.27 | 7.42 | -57.03% |
| Shares Outstanding (Mil) | 28.62 | 28.87 | -0.86% |
| Cumulative Contribution | 10.19% |
Market Drivers
12/27/2024 to 12/27/2025| Return | Correlation | |
|---|---|---|
| VTOL | 10.2% | |
| Market (SPY) | 17.0% | 52.0% |
| Sector (XLE) | 7.1% | 67.6% |
Fundamental Drivers
The 45.2% change in VTOL stock from 12/28/2022 to 12/27/2025 was primarily driven by a 617.4% change in the company's Net Income Margin (%).| 12282022 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 25.22 | 36.62 | 45.20% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1192.03 | 1466.77 | 23.05% |
| Net Income Margin (%) | 1.35% | 9.71% | 617.37% |
| P/E Multiple | 43.69 | 7.42 | -83.02% |
| Shares Outstanding (Mil) | 27.96 | 28.87 | -3.25% |
| Cumulative Contribution | 45.05% |
Market Drivers
12/28/2023 to 12/27/2025| Return | Correlation | |
|---|---|---|
| VTOL | 27.2% | |
| Market (SPY) | 48.0% | 44.4% |
| Sector (XLE) | 11.4% | 59.9% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| VTOL Return | 159% | 20% | -14% | 4% | 21% | 6% | 257% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| VTOL Win Rate | 50% | 67% | 67% | 50% | 50% | 50% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| VTOL Max Drawdown | -64% | -8% | -29% | -24% | -12% | -25% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | VTOL | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -47.0% | -25.4% |
| % Gain to Breakeven | 88.7% | 34.1% |
| Time to Breakeven | 526 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -69.3% | -33.9% |
| % Gain to Breakeven | 225.7% | 51.3% |
| Time to Breakeven | 52 days | 148 days |
| 2018 Correction | ||
| % Loss | -59.4% | -19.8% |
| % Gain to Breakeven | 146.6% | 24.7% |
| Time to Breakeven | 424 days | 120 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Bristow's stock fell -47.0% during the 2022 Inflation Shock from a high on 3/10/2022. A -47.0% loss requires a 88.7% gain to breakeven.
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AI Analysis | Feedback
```htmlHere are 1-2 brief analogies for Bristow (VTOL):
The FedEx of industrial helicopter transport.
The Halliburton for industrial helicopter services.
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Here are the major services provided by Bristow (VTOL):- Offshore Energy Transportation: Provides helicopter transport services for personnel and equipment to offshore oil and gas platforms, wind farms, and other marine installations globally.
- Search and Rescue (SAR): Offers critical life-saving emergency services, including medical evacuations and maritime rescue, often under contract for governments and private entities.
- Government Services: Supplies helicopter support for military, law enforcement, and other governmental operations, including training, surveillance, and personnel transport.
- Fixed-Wing Solutions: Delivers specialized fixed-wing aircraft services for various missions, complementing their core rotary-wing operations.
- Aircraft Maintenance and Support: Provides comprehensive maintenance, repair, and overhaul (MRO) services for their own fleet and third-party aircraft.
AI Analysis | Feedback
Bristow Group Inc. (symbol: VTOL) primarily sells its industrial aviation services to other companies and government entities.
The company serves a broad base of major offshore energy companies and various governmental agencies worldwide. While no single customer consistently accounts for a dominant portion of its revenue, the following are examples of major customer companies or types of companies it serves in the offshore energy sector:
- Shell plc (SHEL)
- BP p.l.c. (BP)
- Exxon Mobil Corporation (XOM)
- Chevron Corporation (CVX)
- TotalEnergies SE (TTE)
- Equinor ASA (EQNR)
In addition to these major integrated oil and gas companies, Bristow also counts various national governments and government agencies as key customers. These entities contract Bristow for critical services such as search and rescue (SAR), which are essential for public safety and national operations. Examples include the UK Maritime and Coastguard Agency and the Norwegian Ministry of Justice and Public Security, which are not public companies with stock symbols.
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- Lockheed Martin (LMT)
- Leonardo S.p.A. (LDO.MI)
- Airbus SE (AIR)
- Textron Inc. (TXT)
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```htmlChristopher Bradshaw has served as President and Chief Executive Officer of Bristow Group Inc., and formerly Era Group Inc., since 2014. He also served as Chief Financial Officer of Era Group Inc. from October 2012 to September 2015. From 2009 until 2012, Mr. Bradshaw co-founded U.S. Capital Advisors LLC, an independent financial advisory firm, where he served as Managing Partner and Chief Financial Officer. Prior to co-founding U.S. Capital Advisors LLC, he was an energy investment banker at UBS Securities LLC, Morgan Stanley & Co., and PaineWebber Incorporated.
Jennifer Whalen was appointed Senior Vice President, Chief Financial Officer for Bristow Group Inc. in June 2020. She previously served as Senior Vice President, Chief Financial Officer for Era Group Inc. since February 2018. Ms. Whalen also held the position of Vice President and Chief Accounting Officer for Era Group Inc. from August 2013, and joined the company as Controller in April 2012. Before joining Era, she served in various capacities at nLIGHT Photonics Corporation, including Director of Accounting, and as Manager of Accounting at InFocus Corporation. She began her career in public accounting in the assurance practice group at PricewaterhouseCoopers.
Alan Corbett was appointed as Chief Operating Officer for Government Services in February 2023. In this role, he is responsible for overseeing all of Bristow's Government Services activity, including existing operations, new business, and emerging markets for areas such as Search and Rescue (SAR). He previously served as Senior Vice President for Europe, Africa, Middle East, Asia (EAMEA) and Search and Rescue from June 2020 to February 2023.
Stuart Stavley was appointed as Chief Operating Officer for Energy Services in February 2023. In this role, he has oversight of Bristow's oil and gas operations globally, as well as operational shared services including Safety, Standards, Supply Chain, and Fleet Management functions. He previously served as Senior Vice President, Operations and Fleet Management from June 2020 to February 2023, and held a similar role for Era Group Inc. prior to that.
David Stepanek became Bristow's Executive Vice President, Chief Transformation Officer in February 2023, leading the company's transformation by introducing Advanced Air Mobility (AAM) aircraft and expanding Bristow's core business into new regions. He previously served as Executive Vice President, Sales and Chief Transformation Officer from April 2021 to February 2023 and as Executive Vice President, Chief Operating Officer from June 2020 until March 2021. Mr. Stepanek joined Era in January 2020 as Senior Vice President, Business Development.
AI Analysis | Feedback
The Bristow Group (VTOL) faces several key risks to its business, primarily stemming from its operational environment and market dependencies.
- Dependence on the Offshore Energy Market and Market Volatility: A significant portion of Bristow's revenue is derived from providing helicopter services to the offshore oil and gas industry. This sector is inherently volatile and susceptible to macroeconomic trends, fluctuations in crude oil prices, and changes in exploration, development, and production activity. Intense competition within this industry can lead to pricing pressures, reduced market share, and decreased profitability for Bristow. While the company anticipates a long-term growth cycle in offshore energy, there remains a risk of mid-cycle activity plateaus impacting utilization and earnings.
- Supply Chain Disruptions and Aircraft Availability: Bristow's operations are vulnerable to persistent supply chain disruptions, which can impact the availability of aircraft and critical components. These disruptions can hinder the company's ability to meet demand, result in aircraft availability penalties, and lead to increased costs for repairs and maintenance, ultimately affecting operational efficiency and profitability.
- Government Contract Transition and Execution Risks: The transition and execution of government services contracts, such as the Irish Coast Guard (IRCG) and UK Search and Rescue (UKSAR2G) contracts, have presented challenges. These include unexpected declines in revenue, significant start-up costs, and delays in achieving full margin recovery. While these long-term government contracts are expected to provide stable revenue streams, the initial transition phases introduce risks to earnings and operational performance.
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The clear emerging threat for Bristow (VTOL) is the rapid development and impending commercialization of Electric Vertical Take-off and Landing (eVTOL) aircraft.
Numerous well-funded companies are progressing quickly through the development and certification phases for eVTOLs, with some targeting initial commercial operations within the next few years. These aircraft promise significant advantages over traditional helicopters, including lower operating costs (due to electric propulsion and fewer complex components), reduced noise, and zero direct emissions. While initial applications may focus on urban air mobility, the underlying technology has the potential to disrupt and replace a range of short-to-medium haul passenger and cargo missions currently served by conventional helicopters, particularly as Bristow's primary customers in the offshore energy sector and government agencies face increasing pressure to adopt more sustainable and cost-effective transport solutions.
AI Analysis | Feedback
Bristow Group Inc. (VTOL) operates primarily in two major addressable markets globally: Offshore Energy Services and Search and Rescue (SAR) Services.
Offshore Energy Services: The global offshore helicopter services market, which includes transportation for offshore oil and gas and offshore wind industries, was valued at approximately USD 6.17 billion in 2025 and is projected to reach USD 10.44 billion by 2033, growing at a Compound Annual Growth Rate (CAGR) of 6.8% from 2025 to 2033. Another estimate valued this market at USD 3.27 billion in 2024, with a projected growth to USD 5.24 billion by 2032, at a CAGR of 6.1% during the forecast period (2025-2032). This market plays a crucial role in supporting offshore industries by transporting personnel, equipment, and supplies to remote offshore locations, including oil and gas exploration and offshore wind energy installations.
Search and Rescue (SAR) Services: The global search and rescue helicopter market size is valued at USD 2.90 billion in 2025 and is projected to reach USD 4.18 billion by 2033, growing at a CAGR of 4.68% from 2025 to 2033. This market is driven by increasing demand for rapid emergency response, disaster relief, and defense operations. Civilian search and rescue (SAR) helicopters are critical for various operations, including mountain rescues, maritime rescues, and medical evacuations.
Other Services: For other services such as general government services (beyond the SAR component), fixed-wing transportation, unmanned aerial systems, aircraft dry-leasing, and helicopter maintenance, modification, or repair, specific addressable market sizes are not distinctly quantifiable from the available information. Therefore, the addressable market size for these products or services is null.
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Expected Drivers of Future Revenue Growth for Bristow (VTOL)
Over the next 2-3 years, Bristow (VTOL) is expected to drive revenue growth through several key areas:
- Expansion and Ramp-up of Government Services Contracts: Bristow is actively investing in and seeing increased revenue from its government services segment, particularly in search and rescue (SAR) operations. The company has been funding significant capital investments for new government services contracts, and the ramp-up of these contracts is considered a near-term catalyst for revenue growth.
- Increased Utilization and Demand in Offshore Energy Services: Despite some quarterly fluctuations, positive demand trends and a tight supply of offshore helicopters are expected to support significant improvements in Bristow's offshore energy services. Specifically, the offshore market in Brazil and Africa has been highlighted for its potential. Increased utilization and higher rates across various segments also contributed to revenue growth in 2024.
- Growth in Advanced Air Mobility (AAM) and New Vertical Flight Solutions (eVTOL): Bristow is positioning itself as a leader in innovative and sustainable vertical flight solutions. The company has announced "Test Arena Operations" in Norway with an all-electric ALIA aircraft and a partnership with Vertical to deliver "Ready-to-Fly" eVTOL operations for VX4 customers. These initiatives suggest an anticipated revenue stream from the emerging eVTOL market.
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Share Repurchases
- Bristow's Board of Directors approved a new $125 million share repurchase program in February 2025, replacing a prior $40 million program that was approved in 2022.
- The company repurchased 119,841 shares at an average price of $32.41 in Q2 2025.
- Approximately $3.95 million worth of shares have been bought back since February 2025.
Share Issuance
- Bristow Group Inc. filed an omnibus shelf registration on October 23, 2025, which allows for the potential future issuance of common stock, preferred stock, debt securities, warrants, depositary shares, share purchase contracts, and units, providing flexibility for capital raising.
- In April 2025, the company's Board approved an amendment to the 2021 Equity Incentive Plan to increase the number of shares that may be issued thereunder from 2,785,000 shares to 3,385,000 shares, subject to stockholder approval.
Outbound Investments
- In June 2025, Bristow expanded a partnership with Vertical Aerospace to develop an electric VTOL (eVTOL) operations platform and placed a preorder for up to 50 VX4 aircraft, with an option to purchase up to an additional 50.
- In June 2024, Bristow entered into a term-loan facility for an aggregate amount of up to 100 million euros to support its capital investment in preparation for its Search and Rescue (SAR) contract in Ireland, specifically for the acquisition of five new AgustaWestland AW189 helicopters.
Capital Expenditures
- Purchases of property and equipment were $83.5 million in Q4 2024 and $57.0 million in Q3 2024.
- For the first nine months of 2025, capital expenditures totaled $112.9 million, partly offset by $52.7 million of asset sale proceeds.
- The primary focus of capital expenditures has been on government contracts, specifically for the U.K. and Irish Coast Guard (IRCG) Search and Rescue (SAR) contracts, with 84% of the needed capital investments funded as of December 2024. The remaining investment was expected to largely conclude in the first half of 2025.
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Trade Ideas
Select ideas related to VTOL. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WHD | Cactus | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 12.1% | 12.1% | 0.0% |
| 10172025 | OVV | Ovintiv | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 6.4% | 6.4% | 0.0% |
| 10102025 | COP | ConocoPhillips | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.4% | 5.4% | -2.3% |
| 10102025 | HAL | Halliburton | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 28.1% | 28.1% | -0.7% |
| 10102025 | OXY | Occidental Petroleum | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.9% | -4.9% | -7.1% |
Research & Analysis
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Peer Comparisons for Bristow
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 57.39 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 13.7% |
| Op Mgn 3Y Avg | 11.9% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 16.2% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 12.1% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Offshore energy services | 853 | 591 | ||
| Government services | 337 | 217 | 252 | |
| Other Services | 107 | 10 | 25 | 0 |
| Corporate | 0 | |||
| Fixed wing services | 80 | 74 | 36 | |
| Reimbursable revenues | 25 | 39 | 18 | |
| Oil and gas services | 788 | 341 | ||
| UK search and rescue (UK SAR) services | 91 | |||
| Total | 1,297 | 923 | 1,178 | 486 |
| $ Mil | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Offshore energy services | 46 | |||
| Government services | 30 | |||
| Other Services | 15 | |||
| Corporate | -30 | |||
| Total | 61 |
| $ Mil | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Offshore energy services | 624 | |||
| Government services | 427 | |||
| Accounts receivable, net | 235 | |||
| Cash and cash equivalents | 180 | |||
| Other assets | 138 | |||
| Inventories | 100 | |||
| Construction-in-progress | 99 | |||
| Other Services | 61 | |||
| Prepaid expenses and other current assets | 45 | |||
| Investment in unconsolidated affiliates | 20 | |||
| Corporate | 4 | |||
| Restricted cash | 3 | |||
| Total | 1,937 |
Price Behavior
| Market Price | $36.62 | |
| Market Cap ($ Bil) | 1.1 | |
| First Trading Date | 01/22/2013 | |
| Distance from 52W High | -14.3% | |
| 50 Days | 200 Days | |
| DMA Price | $37.81 | $34.64 |
| DMA Trend | indeterminate | indeterminate |
| Distance from DMA | -3.2% | 5.7% |
| 3M | 1YR | |
| Volatility | 34.5% | 38.7% |
| Downside Capture | 50.20 | 74.03 |
| Upside Capture | 23.77 | 71.97 |
| Correlation (SPY) | 19.9% | 52.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.95 | 0.58 | 0.55 | 0.83 | 1.05 | 1.13 |
| Up Beta | 1.31 | 0.55 | 1.12 | 1.22 | 0.99 | 1.09 |
| Down Beta | 1.61 | 0.87 | 0.77 | 0.90 | 1.55 | 1.39 |
| Up Capture | 20% | 54% | 15% | 85% | 58% | 96% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 10 | 23 | 32 | 69 | 125 | 390 |
| Down Capture | 109% | 39% | 40% | 46% | 88% | 102% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 10 | 19 | 31 | 56 | 121 | 352 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of VTOL With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| VTOL | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 12.3% | 8.6% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 38.5% | 24.4% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.38 | 0.29 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 67.5% | 52.3% | 8.3% | 51.2% | 43.0% | 25.6% | |
ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of VTOL With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| VTOL | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 4.5% | 21.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 41.5% | 26.7% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.23 | 0.75 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 61.4% | 44.0% | 10.4% | 42.0% | 36.6% | 19.6% | |
ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of VTOL With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| VTOL | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 14.9% | 8.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 84.5% | 29.8% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.41 | 0.33 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 36.4% | 27.6% | 2.8% | 24.2% | 27.1% | 8.2% | |
ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/4/2025 | -6.1% | -6.7% | -11.2% |
| 8/5/2025 | 8.9% | 8.9% | 6.4% |
| 2/26/2025 | 9.2% | -6.1% | -6.5% |
| 11/5/2024 | 9.4% | 9.3% | 4.1% |
| 8/6/2024 | 11.7% | 9.5% | 6.3% |
| 3/5/2024 | -4.6% | -5.5% | -0.7% |
| 11/1/2023 | 9.8% | 0.3% | 0.9% |
| 8/2/2023 | 2.1% | -1.1% | -9.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 10 | 10 |
| # Negative | 9 | 10 | 10 |
| Median Positive | 8.9% | 9.1% | 11.1% |
| Median Negative | -4.6% | -6.1% | -9.1% |
| Max Positive | 11.7% | 16.5% | 35.8% |
| Max Negative | -10.4% | -13.2% | -26.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11052025 | 10-Q 9/30/2025 |
| 6302025 | 8062025 | 10-Q 6/30/2025 |
| 3312025 | 5072025 | 10-Q 3/31/2025 |
| 12312024 | 2272025 | 10-K 12/31/2024 |
| 9302024 | 11062024 | 10-Q 9/30/2024 |
| 6302024 | 8072024 | 10-Q 6/30/2024 |
| 3312024 | 5082024 | 10-Q 3/31/2024 |
| 12312023 | 3062024 | 10-K 12/31/2023 |
| 9302023 | 11022023 | 10-Q 9/30/2023 |
| 6302023 | 8032023 | 10-Q 6/30/2023 |
| 3312023 | 5042023 | 10-Q 3/31/2023 |
| 12312022 | 3092023 | 10-KT 12/31/2022 |
| 9302022 | 11032022 | 10-Q 9/30/2022 |
| 6302022 | 8052022 | 10-Q 6/30/2022 |
| 3312022 | 5312022 | 10-K 3/31/2022 |
| 12312021 | 2042022 | 10-Q 12/31/2021 |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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