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Side-by-side financial comparison of ONE Group Hospitality, Inc. (STKS) 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 $207.0M, roughly 1.8× ONE Group Hospitality, Inc.). Bristow Group Inc. runs the higher net margin — 4.9% vs -3.1%, a 8.0% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs -6.7%). Bristow Group Inc. produced more free cash flow last quarter ($47.8M vs $-329.0K). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% CAGR vs 5.8%).
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
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.
STKS vs VTOL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $207.0M | $377.3M |
| Net Profit | $-6.4M | $18.4M |
| Gross Margin | — | — |
| Operating Margin | 2.2% | 8.5% |
| Net Margin | -3.1% | 4.9% |
| Revenue YoY | -6.7% | 6.7% |
| Net Profit YoY | -531.8% | -42.1% |
| EPS (diluted) | $-0.50 | $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 | $207.0M | $377.3M | ||
| Q3 25 | $180.2M | $386.3M | ||
| Q2 25 | $207.4M | $376.4M | ||
| Q1 25 | $211.1M | $350.5M | ||
| Q4 24 | $221.9M | $353.5M | ||
| Q3 24 | $194.0M | $365.1M | ||
| Q2 24 | $172.5M | $359.7M | ||
| Q1 24 | $85.0M | $337.1M |
| Q4 25 | $-6.4M | $18.4M | ||
| Q3 25 | $-76.7M | $51.5M | ||
| Q2 25 | $-10.1M | $31.7M | ||
| Q1 25 | $975.0K | $27.4M | ||
| Q4 24 | $1.5M | $31.8M | ||
| Q3 24 | $-9.3M | $28.2M | ||
| Q2 24 | $-7.3M | $28.2M | ||
| Q1 24 | $-2.1M | $6.6M |
| Q4 25 | 2.2% | 8.5% | ||
| Q3 25 | -4.4% | 13.1% | ||
| Q2 25 | 0.3% | 11.3% | ||
| Q1 25 | 5.1% | 9.6% | ||
| Q4 24 | 5.5% | 9.0% | ||
| Q3 24 | -1.9% | 9.1% | ||
| Q2 24 | 0.6% | 12.4% | ||
| Q1 24 | -0.7% | 6.8% |
| Q4 25 | -3.1% | 4.9% | ||
| Q3 25 | -42.6% | 13.3% | ||
| Q2 25 | -4.9% | 8.4% | ||
| Q1 25 | 0.5% | 7.8% | ||
| Q4 24 | 0.7% | 9.0% | ||
| Q3 24 | -4.8% | 7.7% | ||
| Q2 24 | -4.3% | 7.8% | ||
| Q1 24 | -2.4% | 2.0% |
| Q4 25 | $-0.50 | $0.61 | ||
| Q3 25 | $-2.75 | $1.72 | ||
| Q2 25 | $-0.59 | $1.07 | ||
| Q1 25 | $-0.21 | $0.92 | ||
| Q4 24 | $-0.18 | $1.07 | ||
| Q3 24 | $-0.53 | $0.95 | ||
| Q2 24 | $-0.38 | $0.96 | ||
| Q1 24 | $-0.07 | $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 | $4.2M | $286.2M |
| Total DebtLower is stronger | $354.2M | $671.5M |
| Stockholders' EquityBook value | $-75.8M | $1.1B |
| Total Assets | $884.2M | $2.3B |
| Debt / EquityLower = less leverage | — | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.2M | $286.2M | ||
| Q3 25 | $5.5M | $245.5M | ||
| Q2 25 | $4.7M | $251.8M | ||
| Q1 25 | $21.4M | $191.1M | ||
| Q4 24 | $27.6M | $247.5M | ||
| Q3 24 | $28.2M | $200.3M | ||
| Q2 24 | $32.2M | $178.6M | ||
| Q1 24 | $15.4M | $140.6M |
| Q4 25 | $354.2M | $671.5M | ||
| Q3 25 | $355.0M | $675.0M | ||
| Q2 25 | $347.4M | $705.2M | ||
| Q1 25 | $348.3M | $701.9M | ||
| Q4 24 | $348.3M | $689.8M | ||
| Q3 24 | $349.1M | $629.1M | ||
| Q2 24 | $350.0M | $594.2M | ||
| Q1 24 | $73.5M | $544.1M |
| Q4 25 | $-75.8M | $1.1B | ||
| Q3 25 | $-61.5M | $1.0B | ||
| Q2 25 | $23.0M | $984.4M | ||
| Q1 25 | $40.5M | $931.7M | ||
| Q4 24 | $45.9M | $891.7M | ||
| Q3 24 | $51.4M | $899.2M | ||
| Q2 24 | $68.1M | $849.1M | ||
| Q1 24 | $68.3M | $820.7M |
| Q4 25 | $884.2M | $2.3B | ||
| Q3 25 | $879.5M | $2.3B | ||
| Q2 25 | $935.7M | $2.3B | ||
| Q1 25 | $956.0M | $2.2B | ||
| Q4 24 | $960.1M | $2.1B | ||
| Q3 24 | $953.5M | $2.1B | ||
| Q2 24 | $945.9M | $2.0B | ||
| Q1 24 | $309.3M | $1.9B |
| Q4 25 | — | 0.63× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | 15.07× | 0.72× | ||
| Q1 25 | 8.61× | 0.75× | ||
| Q4 24 | 7.59× | 0.77× | ||
| Q3 24 | 6.79× | 0.70× | ||
| Q2 24 | 5.14× | 0.70× | ||
| Q1 24 | 1.08× | 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 | $13.1M | $76.9M |
| Free Cash FlowOCF − Capex | $-329.0K | $47.8M |
| FCF MarginFCF / Revenue | -0.2% | 12.7% |
| Capex IntensityCapex / Revenue | 6.5% | 7.7% |
| Cash ConversionOCF / Net Profit | — | 4.17× |
| TTM Free Cash FlowTrailing 4 quarters | $-27.3M | $56.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.1M | $76.9M | ||
| Q3 25 | $5.9M | $23.1M | ||
| Q2 25 | $2.8M | $99.0M | ||
| Q1 25 | $8.5M | $-603.0K | ||
| Q4 24 | $18.5M | $51.1M | ||
| Q3 24 | $19.1M | $66.0M | ||
| Q2 24 | $-3.8M | $33.7M | ||
| Q1 24 | $10.4M | $26.7M |
| Q4 25 | $-329.0K | $47.8M | ||
| Q3 25 | $-6.1M | $-6.2M | ||
| Q2 25 | $-15.0M | $67.4M | ||
| Q1 25 | $-5.8M | $-52.7M | ||
| Q4 24 | $733.0K | $-32.4M | ||
| Q3 24 | $287.0K | $9.0M | ||
| Q2 24 | $-23.0M | $-16.7M | ||
| Q1 24 | $-5.4M | $-37.9M |
| Q4 25 | -0.2% | 12.7% | ||
| Q3 25 | -3.4% | -1.6% | ||
| Q2 25 | -7.2% | 17.9% | ||
| Q1 25 | -2.7% | -15.0% | ||
| Q4 24 | 0.3% | -9.2% | ||
| Q3 24 | 0.1% | 2.5% | ||
| Q2 24 | -13.3% | -4.6% | ||
| Q1 24 | -6.4% | -11.2% |
| Q4 25 | 6.5% | 7.7% | ||
| Q3 25 | 6.7% | 7.6% | ||
| Q2 25 | 8.6% | 8.4% | ||
| Q1 25 | 6.8% | 14.9% | ||
| Q4 24 | 8.0% | 23.6% | ||
| Q3 24 | 9.7% | 15.6% | ||
| Q2 24 | 11.1% | 14.0% | ||
| Q1 24 | 18.6% | 19.2% |
| Q4 25 | — | 4.17× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 3.12× | ||
| Q1 25 | 8.76× | -0.02× | ||
| Q4 24 | 12.54× | 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
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
