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Side-by-side financial comparison of Bristow Group Inc. (VTOL) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Bristow Group Inc. is the larger business by last-quarter revenue ($377.3M vs $340.0M, roughly 1.1× Walker & Dunlop, Inc.). Bristow Group Inc. runs the higher net margin — 4.9% vs -12.9%, a 17.8% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs -0.4%). Bristow Group Inc. produced more free cash flow last quarter ($47.8M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 5.8%).
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.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
VTOL vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $377.3M | $340.0M |
| Net Profit | $18.4M | $-13.9M |
| Gross Margin | — | — |
| Operating Margin | 8.5% | -17.2% |
| Net Margin | 4.9% | -12.9% |
| Revenue YoY | 6.7% | -0.4% |
| Net Profit YoY | -42.1% | -131.0% |
| EPS (diluted) | $0.61 | $-0.41 |
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 | $377.3M | $340.0M | ||
| Q3 25 | $386.3M | $337.7M | ||
| Q2 25 | $376.4M | $319.2M | ||
| Q1 25 | $350.5M | $237.4M | ||
| Q4 24 | $353.5M | $341.5M | ||
| Q3 24 | $365.1M | $292.3M | ||
| Q2 24 | $359.7M | $270.7M | ||
| Q1 24 | $337.1M | $228.1M |
| Q4 25 | $18.4M | $-13.9M | ||
| Q3 25 | $51.5M | $33.5M | ||
| Q2 25 | $31.7M | $34.0M | ||
| Q1 25 | $27.4M | $2.8M | ||
| Q4 24 | $31.8M | $44.8M | ||
| Q3 24 | $28.2M | $28.8M | ||
| Q2 24 | $28.2M | $22.7M | ||
| Q1 24 | $6.6M | $11.9M |
| Q4 25 | 8.5% | -17.2% | ||
| Q3 25 | 13.1% | 13.6% | ||
| Q2 25 | 11.3% | 14.5% | ||
| Q1 25 | 9.6% | 2.2% | ||
| Q4 24 | 9.0% | 15.3% | ||
| Q3 24 | 9.1% | 12.8% | ||
| Q2 24 | 12.4% | 10.4% | ||
| Q1 24 | 6.8% | 6.0% |
| Q4 25 | 4.9% | -12.9% | ||
| Q3 25 | 13.3% | 9.9% | ||
| Q2 25 | 8.4% | 10.6% | ||
| Q1 25 | 7.8% | 1.2% | ||
| Q4 24 | 9.0% | 13.1% | ||
| Q3 24 | 7.7% | 9.9% | ||
| Q2 24 | 7.8% | 8.4% | ||
| Q1 24 | 2.0% | 5.2% |
| Q4 25 | $0.61 | $-0.41 | ||
| Q3 25 | $1.72 | $0.98 | ||
| Q2 25 | $1.07 | $0.99 | ||
| Q1 25 | $0.92 | $0.08 | ||
| Q4 24 | $1.07 | $1.32 | ||
| Q3 24 | $0.95 | $0.85 | ||
| Q2 24 | $0.96 | $0.67 | ||
| Q1 24 | $0.23 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $286.2M | $299.3M |
| Total DebtLower is stronger | $671.5M | — |
| Stockholders' EquityBook value | $1.1B | $1.7B |
| Total Assets | $2.3B | $5.1B |
| Debt / EquityLower = less leverage | 0.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $286.2M | $299.3M | ||
| Q3 25 | $245.5M | $274.8M | ||
| Q2 25 | $251.8M | $233.7M | ||
| Q1 25 | $191.1M | $181.0M | ||
| Q4 24 | $247.5M | $279.3M | ||
| Q3 24 | $200.3M | $179.8M | ||
| Q2 24 | $178.6M | $208.1M | ||
| Q1 24 | $140.6M | $216.5M |
| 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 | $1.1B | $1.7B | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $984.4M | $1.8B | ||
| Q1 25 | $931.7M | $1.7B | ||
| Q4 24 | $891.7M | $1.7B | ||
| Q3 24 | $899.2M | $1.7B | ||
| Q2 24 | $849.1M | $1.7B | ||
| Q1 24 | $820.7M | $1.7B |
| Q4 25 | $2.3B | $5.1B | ||
| Q3 25 | $2.3B | $5.8B | ||
| Q2 25 | $2.3B | $4.7B | ||
| Q1 25 | $2.2B | $4.5B | ||
| Q4 24 | $2.1B | $4.4B | ||
| Q3 24 | $2.1B | $4.6B | ||
| Q2 24 | $2.0B | $4.2B | ||
| Q1 24 | $1.9B | $3.8B |
| 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 | $76.9M | $-664.3M |
| Free Cash FlowOCF − Capex | $47.8M | $-680.1M |
| FCF MarginFCF / Revenue | 12.7% | -200.0% |
| Capex IntensityCapex / Revenue | 7.7% | 4.6% |
| Cash ConversionOCF / Net Profit | 4.17× | — |
| TTM Free Cash FlowTrailing 4 quarters | $56.4M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $76.9M | $-664.3M | ||
| Q3 25 | $23.1M | $-948.1M | ||
| Q2 25 | $99.0M | $-238.5M | ||
| Q1 25 | $-603.0K | $-281.1M | ||
| Q4 24 | $51.1M | $129.4M | ||
| Q3 24 | $66.0M | $-202.0M | ||
| Q2 24 | $33.7M | $-237.8M | ||
| Q1 24 | $26.7M | $38.4M |
| Q4 25 | $47.8M | $-680.1M | ||
| Q3 25 | $-6.2M | $-950.4M | ||
| Q2 25 | $67.4M | $-241.0M | ||
| Q1 25 | $-52.7M | $-284.7M | ||
| Q4 24 | $-32.4M | $116.4M | ||
| Q3 24 | $9.0M | $-204.0M | ||
| Q2 24 | $-16.7M | $-241.7M | ||
| Q1 24 | $-37.9M | $35.2M |
| Q4 25 | 12.7% | -200.0% | ||
| Q3 25 | -1.6% | -281.5% | ||
| Q2 25 | 17.9% | -75.5% | ||
| Q1 25 | -15.0% | -120.0% | ||
| Q4 24 | -9.2% | 34.1% | ||
| Q3 24 | 2.5% | -69.8% | ||
| Q2 24 | -4.6% | -89.3% | ||
| Q1 24 | -11.2% | 15.4% |
| Q4 25 | 7.7% | 4.6% | ||
| Q3 25 | 7.6% | 0.7% | ||
| Q2 25 | 8.4% | 0.8% | ||
| Q1 25 | 14.9% | 1.5% | ||
| Q4 24 | 23.6% | 3.8% | ||
| Q3 24 | 15.6% | 0.7% | ||
| Q2 24 | 14.0% | 1.4% | ||
| Q1 24 | 19.2% | 1.4% |
| Q4 25 | 4.17× | — | ||
| Q3 25 | 0.45× | -28.34× | ||
| Q2 25 | 3.12× | -7.02× | ||
| Q1 25 | -0.02× | -102.07× | ||
| Q4 24 | 1.61× | 2.89× | ||
| Q3 24 | 2.34× | -7.01× | ||
| Q2 24 | 1.20× | -10.49× | ||
| Q1 24 | 4.04× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
WD
Segment breakdown not available.
