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BrightView Holdings, Inc., through its subsidiaries, provides commercial landscaping services in the United States. It operates in two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, and golf course maintenance. Its customers' properties include corporate and commercial properties, homeowners associations, public parks, hotels and resorts, airport authorities, municipalities, hospitals and other healthcare facilities, educational institutions, restaurants and retail, and golf courses. The Development Services segment offers landscape architecture and development services for new facilities and redesign projects. This segment also provides project design and management services, landscape architecture and installation, irrigation installation, tree moving and installation, pool and water features, sports field, specialty turf maintenance, and other services. It operates as official field consultant to Major League Baseball. The company was formerly known as BrightView Acquisition Holdings, Inc. BrightView Holdings, Inc. was founded in 1939 and is headquartered in Blue Bell, Pennsylvania.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.7B | $307M | $56M | $38M | 3.1% | -3.4% | -15.7% |
| 2024 | $2.8B | $303M | $66M | $127M | 3.7% | -1.7% | - |
| 2023 | $2.8B | $244M | $-8M | $59M | -0.4% | 1.5% | -155.0% |
| 2022 | $2.8B | $223M | $14M | $-0M | 1.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 2,774.60 | 2,816 | 2,767.10 | 2,672.80 |
| Cost Of Revenue | 2,099.80 | 2,137.10 | 2,121.50 | 2,051.10 |
| Gross Profit | 674.80 | 678.90 | 645.60 | 621.70 |
| Operating Expense | 586.40 | 577.90 | 532.30 | 487.10 |
| Operating Income | 88.40 | 101 | 113.30 | 134.60 |
| EBITDA | 223.30 | 244 | 303.10 | 306.50 |
| EBIT | 72.90 | 94.30 | 158.90 | 135 |
| Pretax Income | 19.60 | -3.10 | 96.50 | 81.30 |
| Tax Provision | 5.60 | 4.60 | 30.10 | 25.30 |
| Net Income | 14 | -7.70 | 66.40 | 56 |
| Net Income Common Stockholders | 14 | -10.90 | 19.50 | 12.80 |
| Total Expenses | 2,686.20 | 2,715 | 2,653.80 | 2,538.20 |
| Interest Expense | 53.30 | 97.40 | 62.40 | 53.70 |
| Selling General And Administration | 534.90 | 533.40 | 496.50 | 457.80 |
| Normalized EBITDA | 223.30 | 244 | 259.50 | 306.50 |
| Normalized Income | 14 | -7.70 | 36.40 | 56 |
| Basic EPS | 0.14 | -0.12 | 0.21 | 0.13 |
| Diluted EPS | 0.14 | -0.12 | 0.20 | 0.13 |
| Tax Effect Of Unusual Items | 0 | 0 | 13.60 | 0 |
| Tax Rate For Calcs | 0.29 | 0.21 | 0.31 | 0.31 |
| Total Unusual Items | 0 | 0 | 43.60 | 0 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | 43.60 | 0 |
| Net Income From Continuing Operation Net Minority Interest | 14 | -7.70 | 66.40 | 56 |
| Reconciled Depreciation | 150.40 | 149.70 | 144.20 | 171.50 |
| Reconciled Cost Of Revenue | 2,000.90 | 2,031.90 | 2,013.10 | 1,908.90 |
| Net Interest Income | -53.30 | -97.40 | -62.40 | -53.70 |
| Net Income From Continuing And Discontinued Operation | 14 | -7.70 | 66.40 | 56 |
| Total Operating Income As Reported | 88.40 | 101 | 156.90 | 134.60 |
| Diluted Average Shares | 97.90 | 93.41 | 97.50 | 95.20 |
| Basic Average Shares | 97.90 | 93.41 | 94.67 | 95.20 |
| Diluted NI Availto Com Stockholders | 14 | -10.90 | 19.50 | 12.80 |
| Preferred Stock Dividends | 0 | 3.20 | 46.90 | 43.20 |
| Net Income Including Noncontrolling Interests | 14 | -7.70 | 66.40 | 56 |
| Net Income Continuous Operations | 14 | -7.70 | 66.40 | 56 |
| Other Income Expense | -15.50 | -6.70 | 45.60 | 0.40 |
| Other Non Operating Income Expenses | -15.50 | -6.70 | 2 | 0.40 |
| Special Income Charges | 0 | 0 | 43.60 | 0 |
| Gain On Sale Of Business | 0 | 0 | 43.60 | 0 |
| Net Non Operating Interest Income Expense | -53.30 | -97.40 | -62.40 | -53.70 |
| Interest Expense Non Operating | 53.30 | 97.40 | 62.40 | 53.70 |
| Depreciation Amortization Depletion Income Statement | 51.50 | 44.50 | 35.80 | 29.30 |
| Depreciation And Amortization In Income Statement | 51.50 | 44.50 | 35.80 | 29.30 |
| Amortization | 51.50 | 44.50 | 35.80 | 29.30 |
| Amortization Of Intangibles Income Statement | 51.50 | 44.50 | 35.80 | 29.30 |
| Operating Revenue | 2,780.80 | 2,824.50 | 2,772.80 | 2,680.40 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| BrightView Holdings, Inc.this co. | BV | $1.1B | 168.57↑ premium | 0.89 | 3.1% | 7.46 |
| Lindsay Corporation | LNN | $1.2B | 15.37 | 2.14 | 13.9% | 8.73 |
| Cadre Holdings, Inc. | CDRE | $1.2B | 26.84 | 3.63 | 13.9% | 14.36 |
| NANO Nuclear Energy Inc. | NNE | $1.2B | - | 1.89 | -18.0% | -11.07 |
| Resolute Holdings Management, Inc. | RHLD | $1.1B |
| - |
| 172.36 |
| -7.6% |
| 7.81 |
| Willdan Group, Inc. | WLDN | $1.1B | 20.88 | 3.53 | 17.2% | 17.21 |
| Limbach Holdings, Inc. | LMB | $1.1B | 28.29 | 5.43 | 20.0% | 15.98 |
| LegalZoom.com, Inc. | LZ | $1.1B | 70.71 | 6.35 | 9.0% | 11.12 |
| Genco Shipping & Trading Limited | GNK | $1.1B | - | 1.17 | -0.5% | 19.61 |
| Peer Median | - | 26.84 | 3.58 | 11.4% | 12.74 | |