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Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) and Bristow Group Inc. (VTOL). Click either name above to swap in a different company.
Bristow Group Inc. is the larger business by last-quarter revenue ($377.3M vs $245.4M, roughly 1.5× Douglas Elliman Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 4.9%, a 23.1% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs 0.9%). Bristow Group Inc. produced more free cash flow last quarter ($47.8M vs $-14.7M). Over the past eight quarters, Douglas Elliman Inc.'s revenue compounded faster (10.7% CAGR vs 5.8%).
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.
DOUG vs VTOL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $245.4M | $377.3M |
| Net Profit | $68.6M | $18.4M |
| Gross Margin | — | — |
| Operating Margin | 27.3% | 8.5% |
| Net Margin | 27.9% | 4.9% |
| Revenue YoY | 0.9% | 6.7% |
| Net Profit YoY | 1243.4% | -42.1% |
| EPS (diluted) | $0.80 | $0.61 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $245.4M | $377.3M | ||
| Q3 25 | $262.8M | $386.3M | ||
| Q2 25 | $271.4M | $376.4M | ||
| Q1 25 | $253.4M | $350.5M | ||
| Q4 24 | $243.3M | $353.5M | ||
| Q3 24 | $266.3M | $365.1M | ||
| Q2 24 | $285.8M | $359.7M | ||
| Q1 24 | $200.2M | $337.1M |
| Q4 25 | $68.6M | $18.4M | ||
| Q3 25 | $-24.7M | $51.5M | ||
| Q2 25 | $-22.7M | $31.7M | ||
| Q1 25 | $-6.0M | $27.4M | ||
| Q4 24 | $-6.0M | $31.8M | ||
| Q3 24 | $-27.2M | $28.2M | ||
| Q2 24 | $-1.7M | $28.2M | ||
| Q1 24 | $-41.5M | $6.6M |
| Q4 25 | 27.3% | 8.5% | ||
| Q3 25 | -4.1% | 13.1% | ||
| Q2 25 | -2.0% | 11.3% | ||
| Q1 25 | -2.1% | 9.6% | ||
| Q4 24 | -6.7% | 9.0% | ||
| Q3 24 | -2.8% | 9.1% | ||
| Q2 24 | -1.3% | 12.4% | ||
| Q1 24 | -20.7% | 6.8% |
| Q4 25 | 27.9% | 4.9% | ||
| Q3 25 | -9.4% | 13.3% | ||
| Q2 25 | -8.4% | 8.4% | ||
| Q1 25 | -2.4% | 7.8% | ||
| Q4 24 | -2.5% | 9.0% | ||
| Q3 24 | -10.2% | 7.7% | ||
| Q2 24 | -0.6% | 7.8% | ||
| Q1 24 | -20.7% | 2.0% |
| Q4 25 | $0.80 | $0.61 | ||
| Q3 25 | $-0.29 | $1.72 | ||
| Q2 25 | $-0.27 | $1.07 | ||
| Q1 25 | $-0.07 | $0.92 | ||
| Q4 24 | $-0.06 | $1.07 | ||
| Q3 24 | $-0.33 | $0.95 | ||
| Q2 24 | $-0.02 | $0.96 | ||
| Q1 24 | $-0.50 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $115.5M | $286.2M |
| Total DebtLower is stronger | — | $671.5M |
| Stockholders' EquityBook value | $183.9M | $1.1B |
| Total Assets | $444.4M | $2.3B |
| Debt / EquityLower = less leverage | — | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $115.5M | $286.2M | ||
| Q3 25 | $143.0M | $245.5M | ||
| Q2 25 | $136.3M | $251.8M | ||
| Q1 25 | $136.8M | $191.1M | ||
| Q4 24 | $145.5M | $247.5M | ||
| Q3 24 | $151.4M | $200.3M | ||
| Q2 24 | $92.9M | $178.6M | ||
| Q1 24 | $91.5M | $140.6M |
| Q4 25 | — | $671.5M | ||
| Q3 25 | — | $675.0M | ||
| Q2 25 | — | $705.2M | ||
| Q1 25 | — | $701.9M | ||
| Q4 24 | — | $689.8M | ||
| Q3 24 | — | $629.1M | ||
| Q2 24 | — | $594.2M | ||
| Q1 24 | — | $544.1M |
| Q4 25 | $183.9M | $1.1B | ||
| Q3 25 | $115.1M | $1.0B | ||
| Q2 25 | $137.6M | $984.4M | ||
| Q1 25 | $158.2M | $931.7M | ||
| Q4 24 | $162.2M | $891.7M | ||
| Q3 24 | $173.6M | $899.2M | ||
| Q2 24 | $196.9M | $849.1M | ||
| Q1 24 | $195.1M | $820.7M |
| Q4 25 | $444.4M | $2.3B | ||
| Q3 25 | $480.6M | $2.3B | ||
| Q2 25 | $489.0M | $2.3B | ||
| Q1 25 | $493.9M | $2.2B | ||
| Q4 24 | $493.9M | $2.1B | ||
| Q3 24 | $502.7M | $2.1B | ||
| Q2 24 | $463.9M | $2.0B | ||
| Q1 24 | $461.1M | $1.9B |
| Q4 25 | — | 0.63× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | 0.77× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.66× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.4M | $76.9M |
| Free Cash FlowOCF − Capex | $-14.7M | $47.8M |
| FCF MarginFCF / Revenue | -6.0% | 12.7% |
| Capex IntensityCapex / Revenue | 0.1% | 7.7% |
| Cash ConversionOCF / Net Profit | -0.21× | 4.17× |
| TTM Free Cash FlowTrailing 4 quarters | $-17.2M | $56.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-14.4M | $76.9M | ||
| Q3 25 | $5.5M | $23.1M | ||
| Q2 25 | $642.0K | $99.0M | ||
| Q1 25 | $-5.6M | $-603.0K | ||
| Q4 24 | $-9.0M | $51.1M | ||
| Q3 24 | $9.0M | $66.0M | ||
| Q2 24 | $1.3M | $33.7M | ||
| Q1 24 | $-27.3M | $26.7M |
| Q4 25 | $-14.7M | $47.8M | ||
| Q3 25 | $4.7M | $-6.2M | ||
| Q2 25 | $-575.0K | $67.4M | ||
| Q1 25 | $-6.7M | $-52.7M | ||
| Q4 24 | $-10.2M | $-32.4M | ||
| Q3 24 | $7.7M | $9.0M | ||
| Q2 24 | $432.0K | $-16.7M | ||
| Q1 24 | $-29.4M | $-37.9M |
| Q4 25 | -6.0% | 12.7% | ||
| Q3 25 | 1.8% | -1.6% | ||
| Q2 25 | -0.2% | 17.9% | ||
| Q1 25 | -2.6% | -15.0% | ||
| Q4 24 | -4.2% | -9.2% | ||
| Q3 24 | 2.9% | 2.5% | ||
| Q2 24 | 0.2% | -4.6% | ||
| Q1 24 | -14.7% | -11.2% |
| Q4 25 | 0.1% | 7.7% | ||
| Q3 25 | 0.3% | 7.6% | ||
| Q2 25 | 0.4% | 8.4% | ||
| Q1 25 | 0.4% | 14.9% | ||
| Q4 24 | 0.5% | 23.6% | ||
| Q3 24 | 0.5% | 15.6% | ||
| Q2 24 | 0.3% | 14.0% | ||
| Q1 24 | 1.0% | 19.2% |
| Q4 25 | -0.21× | 4.17× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 3.12× | ||
| Q1 25 | — | -0.02× | ||
| Q4 24 | — | 1.61× | ||
| Q3 24 | — | 2.34× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 4.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
