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Side-by-side financial comparison of PRA GROUP INC (PRAA) 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 $333.4M, roughly 1.1× PRA GROUP INC). PRA GROUP INC runs the higher net margin — 17.0% vs 4.9%, a 12.1% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs 6.7%). Bristow Group Inc. produced more free cash flow last quarter ($47.8M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% CAGR vs 5.8%).
PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.
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.
PRAA vs VTOL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $333.4M | $377.3M |
| Net Profit | $56.5M | $18.4M |
| Gross Margin | — | — |
| Operating Margin | 37.7% | 8.5% |
| Net Margin | 17.0% | 4.9% |
| Revenue YoY | 13.7% | 6.7% |
| Net Profit YoY | 206.3% | -42.1% |
| EPS (diluted) | $1.47 | $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 | $333.4M | $377.3M | ||
| Q3 25 | $311.1M | $386.3M | ||
| Q2 25 | $287.7M | $376.4M | ||
| Q1 25 | $269.6M | $350.5M | ||
| Q4 24 | $293.2M | $353.5M | ||
| Q3 24 | $281.5M | $365.1M | ||
| Q2 24 | $284.2M | $359.7M | ||
| Q1 24 | $255.6M | $337.1M |
| Q4 25 | $56.5M | $18.4M | ||
| Q3 25 | $-407.7M | $51.5M | ||
| Q2 25 | $42.4M | $31.7M | ||
| Q1 25 | $3.7M | $27.4M | ||
| Q4 24 | $18.5M | $31.8M | ||
| Q3 24 | $27.2M | $28.2M | ||
| Q2 24 | $21.5M | $28.2M | ||
| Q1 24 | $3.5M | $6.6M |
| Q4 25 | 37.7% | 8.5% | ||
| Q3 25 | -101.4% | 13.1% | ||
| Q2 25 | 29.6% | 11.3% | ||
| Q1 25 | 27.7% | 9.6% | ||
| Q4 24 | 32.1% | 9.0% | ||
| Q3 24 | 32.0% | 9.1% | ||
| Q2 24 | 31.4% | 12.4% | ||
| Q1 24 | 26.0% | 6.8% |
| Q4 25 | 17.0% | 4.9% | ||
| Q3 25 | -131.0% | 13.3% | ||
| Q2 25 | 14.7% | 8.4% | ||
| Q1 25 | 1.4% | 7.8% | ||
| Q4 24 | 6.3% | 9.0% | ||
| Q3 24 | 9.6% | 7.7% | ||
| Q2 24 | 7.6% | 7.8% | ||
| Q1 24 | 1.4% | 2.0% |
| Q4 25 | $1.47 | $0.61 | ||
| Q3 25 | $-10.43 | $1.72 | ||
| Q2 25 | $1.08 | $1.07 | ||
| Q1 25 | $0.09 | $0.92 | ||
| Q4 24 | $0.47 | $1.07 | ||
| Q3 24 | $0.69 | $0.95 | ||
| Q2 24 | $0.54 | $0.96 | ||
| Q1 24 | $0.09 | $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 | $104.4M | $286.2M |
| Total DebtLower is stronger | — | $671.5M |
| Stockholders' EquityBook value | $979.9M | $1.1B |
| Total Assets | $5.1B | $2.3B |
| Debt / EquityLower = less leverage | — | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.4M | $286.2M | ||
| Q3 25 | $107.5M | $245.5M | ||
| Q2 25 | $131.6M | $251.8M | ||
| Q1 25 | $128.7M | $191.1M | ||
| Q4 24 | $105.9M | $247.5M | ||
| Q3 24 | $141.1M | $200.3M | ||
| Q2 24 | $118.9M | $178.6M | ||
| Q1 24 | $108.1M | $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 | $979.9M | $1.1B | ||
| Q3 25 | $928.5M | $1.0B | ||
| Q2 25 | $1.3B | $984.4M | ||
| Q1 25 | $1.2B | $931.7M | ||
| Q4 24 | $1.1B | $891.7M | ||
| Q3 24 | $1.2B | $899.2M | ||
| Q2 24 | $1.1B | $849.1M | ||
| Q1 24 | $1.1B | $820.7M |
| Q4 25 | $5.1B | $2.3B | ||
| Q3 25 | $5.0B | $2.3B | ||
| Q2 25 | $5.4B | $2.3B | ||
| Q1 25 | $5.1B | $2.2B | ||
| Q4 24 | $4.9B | $2.1B | ||
| Q3 24 | $4.9B | $2.1B | ||
| Q2 24 | $4.7B | $2.0B | ||
| Q1 24 | $4.5B | $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 | $-85.5M | $76.9M |
| Free Cash FlowOCF − Capex | $-90.4M | $47.8M |
| FCF MarginFCF / Revenue | -27.1% | 12.7% |
| Capex IntensityCapex / Revenue | 1.4% | 7.7% |
| Cash ConversionOCF / Net Profit | -1.51× | 4.17× |
| TTM Free Cash FlowTrailing 4 quarters | $-169.4M | $56.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-85.5M | $76.9M | ||
| Q3 25 | $-10.1M | $23.1M | ||
| Q2 25 | $-12.9M | $99.0M | ||
| Q1 25 | $-52.6M | $-603.0K | ||
| Q4 24 | $-94.6M | $51.1M | ||
| Q3 24 | $-35.0M | $66.0M | ||
| Q2 24 | $-29.5M | $33.7M | ||
| Q1 24 | $-73.0M | $26.7M |
| Q4 25 | $-90.4M | $47.8M | ||
| Q3 25 | $-11.3M | $-6.2M | ||
| Q2 25 | $-14.2M | $67.4M | ||
| Q1 25 | $-53.5M | $-52.7M | ||
| Q4 24 | $-98.6M | $-32.4M | ||
| Q3 24 | $-36.1M | $9.0M | ||
| Q2 24 | $-30.8M | $-16.7M | ||
| Q1 24 | $-73.5M | $-37.9M |
| Q4 25 | -27.1% | 12.7% | ||
| Q3 25 | -3.6% | -1.6% | ||
| Q2 25 | -4.9% | 17.9% | ||
| Q1 25 | -19.8% | -15.0% | ||
| Q4 24 | -33.6% | -9.2% | ||
| Q3 24 | -12.8% | 2.5% | ||
| Q2 24 | -10.8% | -4.6% | ||
| Q1 24 | -28.8% | -11.2% |
| Q4 25 | 1.4% | 7.7% | ||
| Q3 25 | 0.4% | 7.6% | ||
| Q2 25 | 0.4% | 8.4% | ||
| Q1 25 | 0.3% | 14.9% | ||
| Q4 24 | 1.4% | 23.6% | ||
| Q3 24 | 0.4% | 15.6% | ||
| Q2 24 | 0.5% | 14.0% | ||
| Q1 24 | 0.2% | 19.2% |
| Q4 25 | -1.51× | 4.17× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | -0.30× | 3.12× | ||
| Q1 25 | -14.37× | -0.02× | ||
| Q4 24 | -5.13× | 1.61× | ||
| Q3 24 | -1.29× | 2.34× | ||
| Q2 24 | -1.37× | 1.20× | ||
| Q1 24 | -21.01× | 4.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
