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BV

BrightView Holdings, Inc.

BV

BrightView Holdings, Inc. • NYSE
$12.62 ▼ -0.08% (-0.01)
Market Cap $1.20 B
52w High $18.08
52w Low $11.06
Dividend Yield 0%
P/E 97.08
Volume 376.31K
Outstanding Shares 94.90M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $702.8M ▼ $121.3M ▲ $18.7M ▼ 2.661% ▼ $0.2 ▲ $55.7M ▼
Q3-2025 $708.3M ▲ $113.3M ▼ $32.3M ▲ 4.56% ▲ $0.16 ▲ $105.5M ▲
Q2-2025 $662.6M ▲ $125.2M ▼ $6.4M ▲ 0.966% ▲ $-0.025 ▲ $60.5M ▲
Q1-2025 $599.2M ▼ $127.4M ▼ $-10.4M ▼ -1.736% ▼ $-0.2 ▼ $38.1M ▼
Q4-2024 $728.7M $130.3M $25.6M 3.513% $0.002 $89.4M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $74.5M ▼ $3.392B ▲ $1.592B ▲ $1.293B ▼
Q3-2025 $79.1M ▼ $3.357B ▲ $1.571B ▲ $1.787B ▲
Q2-2025 $141.3M ▲ $3.325B ▲ $1.556B ▲ $1.768B ▼
Q1-2025 $98.3M ▼ $3.308B ▼ $1.535B ▼ $1.773B ▼
Q4-2024 $140.4M $3.392B $1.609B $1.782B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $32.3M ▲ $55.7M ▼ $-95.8M ▼ $-22.1M ▼ $-62.2M ▼ $-47.8M ▼
Q2-2025 $6.4M ▲ $91.2M ▲ $-28.1M ▲ $-20.1M ▲ $43M ▲ $57.6M ▲
Q1-2025 $-10.4M ▼ $60.5M ▲ $-55.3M ▼ $-47.3M ▼ $-42.1M ▼ $1.8M ▼
Q4-2024 $25.6M ▲ $53.5M ▲ $-28.5M ▼ $-500K ▲ $24.5M ▲ $21.1M ▲
Q3-2024 $23.5M $42.6M $-9.4M $-94.6M $-61.4M $16.9M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Landscape Maintenance
Landscape Maintenance
 $380.00M ▲$320.00M ▼$500.00M ▲$480.00M ▼
Snow Removal
Snow Removal
 $30.00M ▲$170.00M ▲$10.00M ▼$0 ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has been roughly flat over the last several years, with only small ups and downs. That suggests a mature business that is holding its ground rather than rapidly growing. Profitability, however, has been slowly improving. Operating profit and EBITDA have both trended higher, reflecting better cost control and efficiency even without strong revenue growth. Net income has swung from a small loss back to a modest profit, which is a positive shift in underlying performance. Overall, the income statement shows a stable top line with gradual margin improvement, but not a strong growth story. The key theme is operational tightening rather than expansion-led growth.

Balance Sheet

Balance Sheet The balance sheet looks relatively steady, with total assets inching up over time and no major swings. This points to a business that is investing in itself, but not taking extreme balance sheet risks. Debt has come down from earlier peaks, which reduces financial risk, although the company is still meaningfully leveraged. Equity has grown, helped by retained earnings, which strengthens the company’s financial base over time. Cash balances have improved from very low levels, but remain modest relative to the overall size of the business. The picture is of a leveraged but gradually de-risking balance sheet, with slow and steady strengthening rather than dramatic change.

Cash Flow

Cash Flow Cash generation from operations has improved over the period, moving from weaker levels to more solid, consistent inflows. This is a good sign that reported earnings are increasingly backed by real cash. Free cash flow has turned clearly positive and has grown, after hovering near breakeven a few years ago. Capital spending has been relatively steady and manageable, suggesting investment is being kept in line with what the business can afford. In cash terms, BrightView looks more disciplined and self-funding than it did a few years ago, with better room to service debt, invest in the fleet, and navigate downturns.

Competitive Edge

Competitive Edge BrightView is the largest player in a very fragmented commercial landscaping market, and that scale is its main advantage. It can spread fixed costs, negotiate better on purchases, and offer consistent service across many locations in a way smaller local firms cannot easily match. Its focus on commercial and institutional clients with recurring maintenance contracts provides more predictable revenue than a purely project-based or residential model. The ability to offer end-to-end services—design, build, maintain, and enhance—makes it a convenient one-stop partner, which can deepen customer relationships and reduce churn. However, the industry still has many regional competitors, and price competition can be intense, especially when the economy softens and clients cut back on discretionary landscaping projects. BrightView’s strength lies in brand, scale, and service breadth, but it remains exposed to economic cycles and customer budget pressure.

Innovation and R&D

Innovation and R&D This is not a classic research-and-development-heavy company; its innovation is mainly operational rather than scientific or technological. The key initiatives focus on standardizing processes, improving route and labor efficiency, and modernizing equipment. Fleet upgrades, centralized purchasing, and smart use of software for scheduling, cost estimation, and irrigation management are all aimed at doing the same work faster, more reliably, and at lower cost. These changes can quietly add up to better margins and more consistent service quality. BrightView is also leaning into sustainability—such as water-efficient systems and electrified equipment—which may help with regulatory trends and appeal to environmentally focused clients. Overall, the innovation story is about continuous, practical improvements rather than breakthrough technologies.

Summary

BrightView’s recent story is one of stability with gradual internal improvement rather than rapid expansion. Revenue has been flat to slightly soft, but profitability and cash generation have improved as management has tightened operations and pursued efficiency. The balance sheet remains leveraged but is moving in a healthier direction, with debt coming down and equity building. Cash flows look more resilient, supporting ongoing investment and debt service. Strategically, BrightView holds a strong position as the leading national commercial landscaper in a fragmented market, benefiting from scale, brand, and recurring contracts. Its innovation focus is on operational excellence and sustainability rather than traditional R&D. Key opportunities lie in deeper penetration of existing clients, converting project work into recurring maintenance, and consolidating smaller competitors. Key risks include economic slowdowns that hit development and enhancement work, ongoing competition from regional players, and the need to keep executing on efficiency programs to sustain recent margin gains.

NEWS

November 19, 2025 · 4:10 PM UTC

BrightView Posts Q4 and FY 2025 Earnings With Record Adjusted EBITDA; Projects Fiscal Year 2026 Revenue, Adjusted EBITDA, and Margin Growth; Increases Existing Share Repurchase Authorization

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October 30, 2025 · 4:15 PM UTC

BrightView Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2025 Earnings Release Date, Conference Call and Webcast

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October 1, 2025 · 6:15 AM UTC

BrightView Unites 19,000 Team Members with Pink Hats for Breast Cancer Awareness Month

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September 11, 2025 · 4:15 PM UTC

BrightView Declares Seventh Consecutive Cash Dividend Payment on Preferred Stock

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