BrightView Holdings, Inc. (BV) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$0.29	$0.17	-41.4%	—	$717.6M	—
Q2 26	$0.1	$0.09	-10.0%	—	$702.9M	—
Q1 26	$0.01	-$0.01	-200.0%	—	$614.7M	—
Q4 25	$0.32	$0.27	-15.6%	—	$702.8M	—
Q3 25	$0.34	$0.3	-11.8%	—	$708.3M	—
Q2 25	$0.11	$0.23	+109.1%	—	$662.6M	—
Q1 25	$0.04	$0.04	0.0%	—	$599.2M	—
Q4 24	$0.31	$0.3	-3.2%	—	$728.7M	—
Q3 24	$0.32	$0.32	0.0%	—	$738.8M	—
Q2 24	$0.07	$0.11	+57.1%	—	$672.9M	—
Q1 24	$0.04	$0.02	-50.0%	—	$626.7M	—
Q4 23	$0.36	$0.19	-47.2%	—	$743.7M	—
Q3 23	$0.38	$0.44	+15.8%	—	$766M	—
Q2 23	-$0.09	-$0.07	+22.2%	—	$650.4M	—
Q1 23	-$0.09	-$0.01	+88.9%	—	$655.9M	—
Q4 22	$0.38	$0.37	-2.6%	—	$723.4M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.13	—	—	$2.7B	—
FY24	—	$0.21	—	—	$2.8B	—
FY23	—	-$0.12	—	—	$2.8B	—
FY22	—	$0.14	—	—	$2.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY15	FY16	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.2B	$2.2B	$2.4B	$2.4B	$2.3B	$2.6B	$2.8B	$2.8B	$2.8B	$2.7B
YoY change	—	-1.33%	—	+2.17%	-2.44%	+8.85%	+8.65%	+1.49%	-1.74%	-3.41%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.2B	2.2B	2.4B	2.4B	2.3B	2.6B	2.8B	2.8B	2.8B	2.7B
Cost of revenue	1.6B	1.6B	1.7B	1.8B	1.8B	1.9B	2.1B	2.1B	2.1B	2.1B
Gross profit	610.3M	607.2M	626.1M	638.2M	595.3M	650.8M	674.8M	678.9M	645.6M	621.7M
Gross margin	27.6%	27.8%	26.6%	26.5%	25.4%	25.5%	24.3%	24.1%	23.3%	23.3%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	452.8M	468M	481.2M	452.2M	527.4M	508M	534.9M	533.4M	496.5M	457.8M
Operating expenses	452.8M	468M	481.2M	452.2M	527.4M	508M	534.9M	533.4M	496.5M	457.8M
Operating income	18.1M	7.6M	40M	129.7M	12.1M	90.5M	88.4M	101M	113.3M	134.6M
Operating margin	0.82%	0.35%	1.7%	5.39%	0.52%	3.54%	3.19%	3.59%	4.09%	5.04%
Non-operating income, net	3.8M	2.2M	-23.5M	—	1.3M	2.7M	-15.5M	-6.7M	45.6M	400K
Pretax income	-67.7M	-84.9M	-81.3M	57.2M	-51.2M	50.9M	19.6M	-3.1M	96.5M	81.3M
Income tax	-27.1M	-32.5M	-66.2M	12.8M	-9.6M	4.6M	5.6M	4.6M	30.1M	25.3M
Net income	-40.6M	-52.4M	-15.1M	44.4M	-41.6M	46.3M	14M	-7.7M	66.4M	56M
Net margin	-1.83%	-2.4%	-0.64%	1.85%	-1.77%	1.81%	0.5%	-0.27%	2.4%	2.1%
EBITDA	235.4M	220.6M	196.7M	266.1M	149.7M	230.2M	223.3M	244M	259.5M	306.5M
EPS	-0.41	-0.53	-0.18	0.43	-0.4	0.44	0.14	-0.12	0.21	0.13
Diluted EPS	-0.41	-0.53	-0.18	0.43	-0.4	0.44	0.14	-0.12	0.2	0.13

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	743.7M	626.7M	672.9M	738.8M	728.7M	599.2M	662.6M	708.3M	702.8M	614.7M	702.9M	717.6M
Cost of revenue	558.1M	492.9M	520.9M	561.2M	546.5M	472.4M	515.1M	537.4M	526.3M	500.4M	565.2M	565.7M
Gross profit	185.6M	133.8M	152M	177.6M	182.2M	126.8M	147.5M	170.9M	176.5M	114.3M	137.7M	151.9M
Gross margin	25%	21.3%	22.6%	24%	25%	21.2%	22.3%	24.1%	25.1%	18.6%	19.6%	21.2%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	120.4M	129.9M	125M	120.1M	121.5M	119.3M	118.1M	106.2M	114.3M	115.2M	116.3M	114.5M
Operating expenses	120.4M	129.9M	125M	120.1M	121.5M	119.3M	118.1M	106.2M	114.3M	115.2M	116.3M	114.5M
Operating income	54.4M	-6.2M	18.3M	48.9M	52.3M	-600K	22.3M	57.6M	55.2M	-7.1M	16.1M	32.3M
Operating margin	7.31%	-0.99%	2.72%	6.62%	7.18%	-0.1%	3.37%	8.13%	7.85%	-1.16%	2.29%	4.5%
Non-operating income, net	-8.8M	1.2M	44.7M	-400K	100K	200K	-800K	700K	500K	200K	-100K	-9M
Pretax income	26.5M	-22.1M	47M	33.4M	38.2M	-14.6M	8.7M	44.9M	42.3M	-20.4M	2.3M	8.4M
Income tax	10.1M	-5.7M	13.3M	9.9M	12.6M	-4.2M	2.3M	12.6M	14.6M	-5.2M	600K	2.3M
Net income	16.4M	-16.4M	33.7M	23.5M	25.6M	-10.4M	6.4M	32.3M	27.7M	-15.2M	1.7M	6.1M
Net margin	2.21%	-2.62%	5.01%	3.18%	3.51%	-1.74%	0.97%	4.56%	3.94%	-2.47%	0.24%	0.85%
EBITDA	80.7M	30.7M	53.9M	85.1M	89.8M	38.1M	60.5M	104.3M	103.7M	42.2M	68.7M	75.2M
EPS	—	-0.27	0.17	0.1	0.11	-0.2	-0.03	0.16	0.13	-0.26	-0.08	-0.03
Diluted EPS	—	-0.27	0.17	0.1	0.11	-0.2	-0.03	0.16	0.12	-0.26	-0.08	-0.03

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	1.2B	1.6B	777.3M	723.9M	1.5B	1.3B	950.1M
Enterprise value	—	—	—	—	2.2B	2.6B	2.2B	1.7B	2.3B	2.1B	2.4B
Shares outstanding	99.2M	—	83.9M	102.8M	103.7M	105.2M	97.9M	93.4M	94.7M	95.2M	95.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	—	33.5	55.5	—	22.4	22.8	383.3
P/S	—	—	—	—	0.5	0.61	0.28	0.26	0.54	0.48	0.35
P/B	—	—	—	—	0.93	1.16	0.64	0.42	0.84	0.71	0.78
EV/EBITDA	—	—	—	—	14.9	11.5	9.8	6.8	8.77	6.9	7.46
EV/Sales	—	—	—	—	0.95	1.04	0.79	0.59	0.82	0.79	0.88
Earnings yield	—	—	—	—	—	2.98%	1.8%	—	4.46%	4.39%	0.26%
FCF yield	—	—	—	—	16.3%	5.62%	-0.05%	8.09%	8.54%	2.95%	-2.45%
PEG	—	—	—	—	—	—	—	—	—	—	-3.23

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	27.8%	—	26.6%	26.5%	25.4%	25.5%	24.3%	24.1%	23.3%	23.3%	21.2%
Operating margin	0.35%	—	1.7%	5.39%	0.52%	3.54%	3.19%	3.59%	4.09%	5.04%	4.5%
Net margin	-2.4%	—	-0.64%	1.85%	-1.77%	1.81%	0.5%	-0.27%	2.4%	2.1%	0.74%
ROE	-7.43%	—	-1.23%	3.46%	-3.27%	3.45%	1.15%	-0.44%	3.73%	3.11%	1.15%
ROA	-1.81%	—	-0.52%	1.52%	-1.35%	1.43%	0.42%	-0.23%	1.96%	1.65%	2.26%
ROIC	0.34%	—	1.7%	4.21%	0.52%	3.38%	2.4%	3.77%	3.03%	3.51%	2.23%
Return on tangible assets	3.89%	—	1.23%	-3.71%	3.82%	-4.37%	-1.32%	0.81%	-7.99%	-7.25%	-2.82%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.58	—	1.6	1.66	1.41	1.43	1.39	1.59	1.44	1.3	1.28
Quick ratio	1.48	—	1.53	1.58	1.39	1.43	1.39	1.59	1.44	1.3	1.28
Debt / equity	2.29	—	0.94	0.89	0.95	0.91	1.18	0.58	0.52	0.51	0.55
Debt / assets	0.56	—	0.4	0.39	0.39	0.38	0.43	0.3	0.27	0.27	0.28
Net debt / EBITDA	7.01	—	5.69	4.15	7	4.75	6.32	3.83	3.03	2.74	3.27
Interest coverage	0.1	—	0.17	1.79	0.21	2.2	1.37	0.97	2.55	2.51	1.59
Effective tax rate	0%	—	0%	22.4%	0%	9.04%	28.6%	0%	31.2%	31.1%	37.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	22	—	28.1	23.4	22.6	24.3	28.3	30.1	29.2	28.1	29.1
EPS (basic)	-0.53	—	-0.18	0.43	-0.4	0.44	0.14	-0.12	0.21	0.13	0.13
EPS (diluted)	-0.53	—	-0.18	0.43	-0.4	0.44	0.14	-0.12	0.2	0.13	-0.24
Book value per share	7.11	—	14.6	12.5	12.3	12.8	12.4	18.6	18.8	18.9	13.3
FCF per share	0.37	—	1.12	0.78	1.86	0.83	-0	0.63	1.34	0.39	-0.26
Cash per share	0.69	—	0.42	0.38	1.51	1.18	0.21	0.72	1.48	0.78	0.16
Capex per share	0.7	—	0.89	0.81	0.46	0.49	1.02	0.53	0.64	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.19%	—	3.16%	3.46%	2.04%	2.02%	3.61%	1.76%	2.18%	—	—
Capex / operating cash flow	65.9%	—	51.1%	51.1%	22.7%	36%	105.1%	36.3%	23.2%	—	—
Payout ratio	—	—	—	—	—	—	0%	0%	26.8%	63.9%	0%
Dividend yield	—	—	—	—	—	—	0%	0%	1.19%	2.81%	2.81%

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$743.7M	$626.7M	$672.9M	$738.8M	$728.7M	$599.2M	$662.6M	$708.3M	$702.8M	$614.7M	$702.9M	$717.6M
YoY change	+2.81%	-4.45%	+3.46%	-3.55%	-2.02%	-4.39%	-1.53%	-4.13%	-3.55%	+2.59%	+6.08%	+1.31%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	68M	12.8M	35.2M	39.1M	157.1M	123.7M	20.1M	67M	140.4M	74.5M
Receivables	298.6M	330.2M	317.1M	333.7M	319.2M	378.9M	397.6M	442.3M	415.2M	393.1M
Inventory	32M	25M	23.8M	26.5M	6.5M	—	—	—	—	—
Total current assets	489.3M	502.5M	531.2M	551.4M	633.1M	710.8M	677.1M	742.1M	780.1M	666.3M
Property, plant & equipment	227.3M	217.9M	220.5M	232.3M	280M	295.3M	363.6M	355.7M	426.5M	565.2M
Goodwill & intangibles	4.2B	4.2B	4.1B	4.1B	4.2B	4.3B	4.4B	4.3B	4.2B	4.2B
Total assets	2.9B	2.9B	2.9B	2.9B	3.1B	3.2B	3.3B	3.4B	3.4B	3.4B
Accounts payable	85.2M	76.1M	93.6M	99.8M	116.8M	144.4M	151.2M	136.2M	144.1M	137.7M
Short-term debt	17.5M	14.6M	13M	10.4M	30.6M	32.4M	38.8M	48.8M	61.9M	69.5M
Total current liabilities	308.7M	342.1M	331.5M	332.7M	450.1M	496.1M	488.4M	466.7M	543.3M	514.5M
Long-term debt	1.6B	1.6B	1.1B	1.1B	1.2B	1.2B	1.4B	953.2M	865.1M	843.7M
Total liabilities	2.2B	2.2B	1.7B	1.6B	1.8B	1.9B	2.1B	1.6B	1.6B	1.6B
Shareholders' equity	705.2M	696.3M	1.2B	1.3B	1.3B	1.3B	1.2B	1.7B	1.8B	1.8B
Total debt	1.6B	1.6B	1.2B	1.1B	1.2B	1.2B	1.4B	1B	927M	913.2M
Net debt	1.5B	1.6B	1.1B	1.1B	1B	1.1B	1.4B	935M	786.6M	838.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	67M	64.5M	177.3M	115.9M	140.4M	98.3M	141.3M	79.1M	74.5M	37M	10.1M	14.4M
Receivables	442.3M	418.9M	420.8M	446.4M	415.2M	390M	394.9M	396.2M	393.1M	367.7M	432M	401M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	742.1M	690.9M	798.6M	760.1M	780.1M	686M	715.5M	665.3M	666.3M	598.8M	629.6M	609.8M
Property, plant & equipment	355.7M	342.7M	341.5M	392.7M	426.5M	431.6M	433.2M	519.7M	565.2M	560.6M	584.9M	639M
Goodwill & intangibles	4.3B	4.3B	4.3B	4.2B	4.2B	4.2B	4.2B	4.2B	4.2B	4.2B	4.1B	4.1B
Total assets	3.4B	3.3B	3.4B	3.4B	3.4B	3.3B	3.3B	3.4B	3.4B	3.3B	3.4B	3.4B
Accounts payable	136.2M	120.2M	131.4M	140.5M	144.1M	122.5M	136.6M	120.4M	137.7M	114M	124.3M	119M
Short-term debt	48.8M	27.2M	25.3M	25.3M	61.9M	24.6M	24.7M	24.8M	69.5M	25.2M	25M	33.1M
Total current liabilities	466.7M	421.2M	477.2M	524.6M	543.3M	479.3M	504.8M	509.3M	514.5M	475.5M	512.4M	476.4M
Long-term debt	953.2M	945M	945.6M	871M	865.1M	856.1M	856.1M	846.5M	843.7M	856.7M	877.6M	930.3M
Total liabilities	1.6B	1.5B	1.6B	1.6B	1.6B	1.5B	1.6B	1.6B	1.6B	1.6B	1.6B	1.7B
Shareholders' equity	1.7B	1.7B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.7B	1.7B
Total debt	1B	972.2M	970.9M	896.3M	927M	880.7M	880.8M	871.3M	913.2M	881.9M	902.6M	963.4M
Net debt	935M	907.7M	793.6M	780.4M	786.6M	782.4M	739.5M	792.2M	838.7M	844.9M	892.5M	949M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-40.6M	-52.4M	-15.1M	44.4M	-41.6M	46.3M	14M	-7.7M	66.4M	56M
Depreciation & amortization	213.5M	210.8M	180.2M	136.4M	136.3M	137M	150.4M	149.7M	144.2M	171.5M
Stock-based compensation	3.9M	2.8M	28.8M	15.7M	23.6M	19.7M	18.9M	22.1M	20.2M	18.2M
Change in working capital	-9.7M	-22.6M	3.1M	-34.9M	110M	-87.7M	-83.4M	-4M	33M	41M
Operating cash flow	120.4M	105.6M	145.5M	162.7M	211M	143.8M	95.3M	136.8M	259.7M	291.8M
Capital expenditure	-65.7M	-69.6M	-74.4M	-83.1M	-47.9M	-51.7M	-100.2M	-49.7M	-60.3M	—
Investing cash flow	-65.4M	-69.5M	-179.3M	-145.5M	-108.8M	-158.7M	-193.7M	-61.4M	-5.6M	2.7M
Dividends paid	—	—	—	—	—	—	0	0	-17.8M	-35.8M
Share repurchases	-3.7M	-30.2M	-2.9M	-1.2M	-1.5M	-1.9M	-163.8M	-2.2M	-3.1M	-24.2M
Financing cash flow	-24.8M	-46.4M	21.3M	99.7M	-18.3M	-23.1M	148.2M	11.9M	-126.6M	-133.8M
Net change in cash	30.1M	-10.4M	-12.5M	116.9M	83.9M	-38M	49.8M	87.3M	127.5M	160.7M
Free cash flow	52.1M	36.3M	94M	79.8M	192.4M	87.2M	-400K	58.6M	127.2M	37.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	16.4M	-16.4M	33.7M	23.5M	25.6M	-10.4M	6.4M	32.3M	27.7M	-15.2M	1.7M	6.1M
Depreciation & amortization	35.1M	35.7M	34.8M	36.7M	37M	38.5M	39M	46M	48M	49.1M	52.7M	51.9M
Stock-based compensation	6.4M	5.1M	4.9M	5.1M	5.1M	4.5M	4.6M	4.5M	4.6M	3.9M	4.6M	4.5M
Change in working capital	-14.2M	8.8M	56.2M	-10M	-22M	31.8M	38.7M	-25.9M	-3.6M	5.2M	-9.7M	-23.7M
Operating cash flow	40.6M	29.1M	129.9M	45M	55.7M	62.1M	88.8M	55.7M	84.4M	36.1M	46.2M	46M
Capital expenditure	1.4M	-8.9M	-11.2M	-11.8M	-28.4M	-56.1M	-28.6M	—	—	—	—	—
Investing cash flow	1.6M	-8.6M	40.9M	-9.4M	-28.5M	-55.3M	-28.1M	1.1M	300K	-300K	—	—
Dividends paid	—	—	—	-8.9M	-8.9M	-9M	-9M	-8.9M	-8.9M	-9M	-9.1M	-8.8M
Share repurchases	-900K	-2.5M	0	-600K	0	-5.1M	-1.7M	-7.7M	-9.7M	-18.8M	-14.4M	-9.6M
Financing cash flow	15.2M	-20.1M	-11.4M	-94.6M	-500K	-64.3M	-20.1M	-22.1M	-44.3M	-21.8M	-15.2M	16.8M
Net change in cash	57.4M	400K	159.4M	-59M	26.7M	-57.5M	40.6M	34.7M	40.4M	14M	31M	62.8M
Free cash flow	27.2M	16.1M	70.7M	19.3M	21.1M	1.8M	57.6M	-47.8M	26M	-18.6M	-12.6M	-19.3M

BrightView Holdings, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

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Assets vs. liabilities & equity

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Assets vs. liabilities & equity

Condensed balance sheet

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Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement