Analysts highlight VTOL’s potential earnings inflection driven by government contracts and offshore energy repricing.
Bristow Group Inc. (VTOL) shares were priced at $42.73 as of May 25, with a trailing P/E ratio of 11.13. The company is positioned for earnings growth due to a shift from heavy investment to long-term government contracts and improved pricing in offshore energy services.
The Government Services segment, backed by 10-year search and rescue contracts in the U.K. and Ireland, is expected to reach full operational capacity by late 2026. This transition is projected to reduce capital expenditures and stabilize free cash flow by 2027. Meanwhile, the Offshore Energy Services segment is benefiting from a supply-constrained helicopter market, with 50% of contracts up for renewal in 2026.
Bristow Group is also exploring opportunities in Advanced Air Mobility, which could further diversify its revenue streams.