vs
Side-by-side financial comparison of Hillman Solutions Corp. (HLMN) 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 $370.1M, roughly 1.0× Hillman Solutions Corp.). Bristow Group Inc. runs the higher net margin — 4.9% vs -1.3%, a 6.2% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs 3.0%). Bristow Group Inc. produced more free cash flow last quarter ($47.8M vs $-34.3M). Over the past eight quarters, Bristow Group Inc.'s revenue compounded faster (5.8% CAGR vs -1.2%).
Hillman Solutions is an American hardware manufacturing, distribution and consumer fabrication services company.
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.
HLMN vs VTOL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $370.1M | $377.3M |
| Net Profit | $-4.7M | $18.4M |
| Gross Margin | — | — |
| Operating Margin | 1.9% | 8.5% |
| Net Margin | -1.3% | 4.9% |
| Revenue YoY | 3.0% | 6.7% |
| Net Profit YoY | — | -42.1% |
| EPS (diluted) | $-0.02 | $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.
| Q1 26 | $370.1M | — | ||
| Q4 25 | $365.1M | $377.3M | ||
| Q3 25 | $424.9M | $386.3M | ||
| Q2 25 | $402.8M | $376.4M | ||
| Q1 25 | $359.3M | $350.5M | ||
| Q4 24 | $349.6M | $353.5M | ||
| Q3 24 | $393.3M | $365.1M | ||
| Q2 24 | $379.4M | $359.7M |
| Q1 26 | $-4.7M | — | ||
| Q4 25 | $1.6M | $18.4M | ||
| Q3 25 | $23.2M | $51.5M | ||
| Q2 25 | $15.8M | $31.7M | ||
| Q1 25 | $-317.0K | $27.4M | ||
| Q4 24 | $-1.2M | $31.8M | ||
| Q3 24 | $7.4M | $28.2M | ||
| Q2 24 | $12.5M | $28.2M |
| Q1 26 | 1.9% | — | ||
| Q4 25 | 4.6% | 8.5% | ||
| Q3 25 | 10.8% | 13.1% | ||
| Q2 25 | 9.0% | 11.3% | ||
| Q1 25 | 4.2% | 9.6% | ||
| Q4 24 | 4.0% | 9.0% | ||
| Q3 24 | 6.8% | 9.1% | ||
| Q2 24 | 8.3% | 12.4% |
| Q1 26 | -1.3% | — | ||
| Q4 25 | 0.4% | 4.9% | ||
| Q3 25 | 5.5% | 13.3% | ||
| Q2 25 | 3.9% | 8.4% | ||
| Q1 25 | -0.1% | 7.8% | ||
| Q4 24 | -0.3% | 9.0% | ||
| Q3 24 | 1.9% | 7.7% | ||
| Q2 24 | 3.3% | 7.8% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.00 | $0.61 | ||
| Q3 25 | $0.12 | $1.72 | ||
| Q2 25 | $0.08 | $1.07 | ||
| Q1 25 | $0.00 | $0.92 | ||
| Q4 24 | $-0.00 | $1.07 | ||
| Q3 24 | $0.04 | $0.95 | ||
| Q2 24 | $0.06 | $0.96 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $27.7M | $286.2M |
| Total DebtLower is stronger | $714.1M | $671.5M |
| Stockholders' EquityBook value | $1.2B | $1.1B |
| Total Assets | $2.4B | $2.3B |
| Debt / EquityLower = less leverage | 0.59× | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $27.7M | — | ||
| Q4 25 | $27.3M | $286.2M | ||
| Q3 25 | $37.7M | $245.5M | ||
| Q2 25 | $34.2M | $251.8M | ||
| Q1 25 | $36.3M | $191.1M | ||
| Q4 24 | $44.5M | $247.5M | ||
| Q3 24 | $59.8M | $200.3M | ||
| Q2 24 | $54.0M | $178.6M |
| Q1 26 | $714.1M | — | ||
| Q4 25 | $668.3M | $671.5M | ||
| Q3 25 | $683.2M | $675.0M | ||
| Q2 25 | $683.1M | $705.2M | ||
| Q1 25 | $713.5M | $701.9M | ||
| Q4 24 | $691.7M | $689.8M | ||
| Q3 24 | $730.7M | $629.1M | ||
| Q2 24 | $732.1M | $594.2M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.2B | $1.0B | ||
| Q2 25 | $1.2B | $984.4M | ||
| Q1 25 | $1.2B | $931.7M | ||
| Q4 24 | $1.2B | $891.7M | ||
| Q3 24 | $1.2B | $899.2M | ||
| Q2 24 | $1.2B | $849.1M |
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $2.3B | ||
| Q3 25 | $2.4B | $2.3B | ||
| Q2 25 | $2.4B | $2.3B | ||
| Q1 25 | $2.3B | $2.2B | ||
| Q4 24 | $2.3B | $2.1B | ||
| Q3 24 | $2.4B | $2.1B | ||
| Q2 24 | $2.4B | $2.0B |
| Q1 26 | 0.59× | — | ||
| Q4 25 | 0.54× | 0.63× | ||
| Q3 25 | 0.56× | 0.65× | ||
| Q2 25 | 0.57× | 0.72× | ||
| Q1 25 | 0.60× | 0.75× | ||
| Q4 24 | 0.59× | 0.77× | ||
| Q3 24 | 0.62× | 0.70× | ||
| Q2 24 | 0.62× | 0.70× |
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 | — | $76.9M |
| Free Cash FlowOCF − Capex | $-34.3M | $47.8M |
| FCF MarginFCF / Revenue | -9.3% | 12.7% |
| Capex IntensityCapex / Revenue | 4.0% | 7.7% |
| Cash ConversionOCF / Net Profit | — | 4.17× |
| TTM Free Cash FlowTrailing 4 quarters | $22.1M | $56.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $30.9M | $76.9M | ||
| Q3 25 | $26.2M | $23.1M | ||
| Q2 25 | $48.7M | $99.0M | ||
| Q1 25 | $-655.0K | $-603.0K | ||
| Q4 24 | $43.1M | $51.1M | ||
| Q3 24 | $63.7M | $66.0M | ||
| Q2 24 | $64.8M | $33.7M |
| Q1 26 | $-34.3M | — | ||
| Q4 25 | $16.1M | $47.8M | ||
| Q3 25 | $9.1M | $-6.2M | ||
| Q2 25 | $31.2M | $67.4M | ||
| Q1 25 | $-21.3M | $-52.7M | ||
| Q4 24 | $22.1M | $-32.4M | ||
| Q3 24 | $39.6M | $9.0M | ||
| Q2 24 | $42.5M | $-16.7M |
| Q1 26 | -9.3% | — | ||
| Q4 25 | 4.4% | 12.7% | ||
| Q3 25 | 2.1% | -1.6% | ||
| Q2 25 | 7.7% | 17.9% | ||
| Q1 25 | -5.9% | -15.0% | ||
| Q4 24 | 6.3% | -9.2% | ||
| Q3 24 | 10.1% | 2.5% | ||
| Q2 24 | 11.2% | -4.6% |
| Q1 26 | 4.0% | — | ||
| Q4 25 | 4.0% | 7.7% | ||
| Q3 25 | 4.0% | 7.6% | ||
| Q2 25 | 4.3% | 8.4% | ||
| Q1 25 | 5.7% | 14.9% | ||
| Q4 24 | 6.0% | 23.6% | ||
| Q3 24 | 6.1% | 15.6% | ||
| Q2 24 | 5.9% | 14.0% |
| Q1 26 | — | — | ||
| Q4 25 | 19.33× | 4.17× | ||
| Q3 25 | 1.13× | 0.45× | ||
| Q2 25 | 3.08× | 3.12× | ||
| Q1 25 | — | -0.02× | ||
| Q4 24 | — | 1.61× | ||
| Q3 24 | 8.57× | 2.34× | ||
| Q2 24 | 5.17× | 1.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HLMN
Segment breakdown not available.
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
