vs

Side-by-side financial comparison of MATTHEWS INTERNATIONAL CORP (MATW) 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 $284.8M, roughly 1.3× MATTHEWS INTERNATIONAL CORP). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs 4.9%, a 10.4% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs -29.1%). Bristow Group Inc. produced more free cash flow last quarter ($47.8M vs $-57.2M).

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

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.

MATW vs VTOL — Head-to-Head

Bigger by revenue
VTOL
VTOL
1.3× larger
VTOL
$377.3M
$284.8M
MATW
Growing faster (revenue YoY)
VTOL
VTOL
+35.9% gap
VTOL
6.7%
-29.1%
MATW
Higher net margin
MATW
MATW
10.4% more per $
MATW
15.3%
4.9%
VTOL
More free cash flow
VTOL
VTOL
$105.0M more FCF
VTOL
$47.8M
$-57.2M
MATW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MATW
MATW
VTOL
VTOL
Revenue
$284.8M
$377.3M
Net Profit
$43.6M
$18.4M
Gross Margin
35.0%
Operating Margin
34.2%
8.5%
Net Margin
15.3%
4.9%
Revenue YoY
-29.1%
6.7%
Net Profit YoY
1356.6%
-42.1%
EPS (diluted)
$1.39
$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.

Revenue
MATW
MATW
VTOL
VTOL
Q4 25
$284.8M
$377.3M
Q3 25
$386.3M
Q2 25
$376.4M
Q1 25
$350.5M
Q4 24
$353.5M
Q3 24
$365.1M
Q2 24
$359.7M
Q1 24
$337.1M
Net Profit
MATW
MATW
VTOL
VTOL
Q4 25
$43.6M
$18.4M
Q3 25
$51.5M
Q2 25
$31.7M
Q1 25
$27.4M
Q4 24
$31.8M
Q3 24
$28.2M
Q2 24
$28.2M
Q1 24
$6.6M
Gross Margin
MATW
MATW
VTOL
VTOL
Q4 25
35.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
MATW
MATW
VTOL
VTOL
Q4 25
34.2%
8.5%
Q3 25
13.1%
Q2 25
11.3%
Q1 25
9.6%
Q4 24
9.0%
Q3 24
9.1%
Q2 24
12.4%
Q1 24
6.8%
Net Margin
MATW
MATW
VTOL
VTOL
Q4 25
15.3%
4.9%
Q3 25
13.3%
Q2 25
8.4%
Q1 25
7.8%
Q4 24
9.0%
Q3 24
7.7%
Q2 24
7.8%
Q1 24
2.0%
EPS (diluted)
MATW
MATW
VTOL
VTOL
Q4 25
$1.39
$0.61
Q3 25
$1.72
Q2 25
$1.07
Q1 25
$0.92
Q4 24
$1.07
Q3 24
$0.95
Q2 24
$0.96
Q1 24
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MATW
MATW
VTOL
VTOL
Cash + ST InvestmentsLiquidity on hand
$31.4M
$286.2M
Total DebtLower is stronger
$529.8M
$671.5M
Stockholders' EquityBook value
$543.2M
$1.1B
Total Assets
$1.6B
$2.3B
Debt / EquityLower = less leverage
0.98×
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATW
MATW
VTOL
VTOL
Q4 25
$31.4M
$286.2M
Q3 25
$245.5M
Q2 25
$251.8M
Q1 25
$191.1M
Q4 24
$247.5M
Q3 24
$200.3M
Q2 24
$178.6M
Q1 24
$140.6M
Total Debt
MATW
MATW
VTOL
VTOL
Q4 25
$529.8M
$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
Stockholders' Equity
MATW
MATW
VTOL
VTOL
Q4 25
$543.2M
$1.1B
Q3 25
$1.0B
Q2 25
$984.4M
Q1 25
$931.7M
Q4 24
$891.7M
Q3 24
$899.2M
Q2 24
$849.1M
Q1 24
$820.7M
Total Assets
MATW
MATW
VTOL
VTOL
Q4 25
$1.6B
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$2.0B
Q1 24
$1.9B
Debt / Equity
MATW
MATW
VTOL
VTOL
Q4 25
0.98×
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
MATW
MATW
VTOL
VTOL
Operating Cash FlowLast quarter
$-52.0M
$76.9M
Free Cash FlowOCF − Capex
$-57.2M
$47.8M
FCF MarginFCF / Revenue
-20.1%
12.7%
Capex IntensityCapex / Revenue
1.8%
7.7%
Cash ConversionOCF / Net Profit
-1.19×
4.17×
TTM Free Cash FlowTrailing 4 quarters
$56.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATW
MATW
VTOL
VTOL
Q4 25
$-52.0M
$76.9M
Q3 25
$23.1M
Q2 25
$99.0M
Q1 25
$-603.0K
Q4 24
$51.1M
Q3 24
$66.0M
Q2 24
$33.7M
Q1 24
$26.7M
Free Cash Flow
MATW
MATW
VTOL
VTOL
Q4 25
$-57.2M
$47.8M
Q3 25
$-6.2M
Q2 25
$67.4M
Q1 25
$-52.7M
Q4 24
$-32.4M
Q3 24
$9.0M
Q2 24
$-16.7M
Q1 24
$-37.9M
FCF Margin
MATW
MATW
VTOL
VTOL
Q4 25
-20.1%
12.7%
Q3 25
-1.6%
Q2 25
17.9%
Q1 25
-15.0%
Q4 24
-9.2%
Q3 24
2.5%
Q2 24
-4.6%
Q1 24
-11.2%
Capex Intensity
MATW
MATW
VTOL
VTOL
Q4 25
1.8%
7.7%
Q3 25
7.6%
Q2 25
8.4%
Q1 25
14.9%
Q4 24
23.6%
Q3 24
15.6%
Q2 24
14.0%
Q1 24
19.2%
Cash Conversion
MATW
MATW
VTOL
VTOL
Q4 25
-1.19×
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

MATW
MATW

Segment breakdown not available.

VTOL
VTOL

Offshore Energy Services$247.5M66%
Government Services$100.1M27%
Other$21.9M6%
Related Party$7.8M2%

Related Comparisons