Company Quick10K Filing
BrightView
10-Q 2020-03-31 Filed 2020-05-07
10-Q 2019-12-31 Filed 2020-02-06
10-K 2019-09-30 Filed 2019-11-21
10-Q 2019-06-30 Filed 2019-08-07
10-Q 2019-03-31 Filed 2019-05-08
10-Q 2018-12-31 Filed 2019-02-07
10-K 2018-09-30 Filed 2018-11-28
10-Q 2018-06-30 Filed 2018-08-09
S-1 2018-05-30 Public Filing
8-K 2020-04-07 Regulation FD, Exhibits
8-K 2020-03-31 Earnings, Exhibits
8-K 2020-03-31 Earnings, Exhibits
8-K 2020-03-10 Officers, Shareholder Vote, Exhibits
8-K 2019-12-31 Earnings, Exhibits
8-K 2019-10-18
8-K 2019-09-30 Earnings, Exhibits
8-K 2019-08-07 Earnings, Exhibits
8-K 2019-05-16 Regulation FD, Exhibits
8-K 2019-05-08 Earnings, Exhibits
8-K 2019-04-15 Officers, Regulation FD, Exhibits
8-K 2019-03-26 Shareholder Vote
8-K 2019-02-21 Enter Agreement, Off-BS Arrangement, Regulation FD
8-K 2019-02-07 Earnings, Exhibits
8-K 2018-11-27 Earnings, Exhibits
8-K 2018-10-10 Officers
8-K 2018-08-15 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-07-06 Other Events
8-K 2018-07-02 Enter Agreement, Leave Agreement, Shareholder Rights, Officers, Amend Bylaw, Other Events, Exhibits

BrightView Financials

BV Metrics, Comps, Filings

Quarterly | Annual

Business

We are the largest provider of commercial landscaping services in the United States, with revenues more than 10 times those of our next largest commercial landscaping competitor. We provide commercial landscaping services, ranging from landscape maintenance and enhancements to tree care and landscape development. We operate through a differentiated and integrated national service model which systematically delivers services at the local level by combining our network of over 220 branches with a qualified service partner network. Our branch delivery model underpins our position as a single-source end-to-end landscaping solution provider to our diverse customer base at the national, regional and local levels, which we believe represents a significant competitive advantage. We believe our commercial customer base understands the financial and reputational risk associated with inadequate landscape maintenance and considers our services to be essential and non-discretionary.

We operate through two segments: Maintenance Services and Development Services. Our maintenance services are primarily self-performed through our national branch network and are route-based in nature. Our development services are comprised of sophisticated design, coordination and installation of landscapes at some of the most recognizable corporate, athletic and university complexes and showcase highly visible work that is paramount to our customers' perception of our brand as a market leader.

As the number one player in the highly attractive and growing $70 billion commercial landscape maintenance and snow removal market, we believe our size and scale present several compelling value propositions for our customers, and allow us to offer a single-source landscaping services solution to a diverse group of commercial customers across all 50 U.S. states and Puerto Rico. We serve a broad range of end market verticals, including corporate and commercial properties, Homeowners Associations (HOAs), public parks, hotels and resorts, hospitals and other healthcare facilities, educational institutions, restaurants and retail, and golf courses, among others. We are also the Official Field Consultant for Major League Baseball. Our diverse customer base includes approximately 13,000 office parks and corporate campuses, 9,000 residential communities, and 450 educational institutions. We believe that due to our unmatched geographic scale and breadth of service offerings, we are the only commercial landscaping services provider able to service clients whose geographically disperse locations require a broad range of landscaping services delivered consistently and with high quality. Our top ten customers accounted for approximately 7% of our fiscal 2019 revenues, with no single customer accounting for more than 2% of our fiscal 2019 revenues.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Siteone Landscape Supply (SITE) 3,153 33% 25.5 5% 1,527 1,142 1,822 603 75 145 3,708
Cal-Maine Foods (CALM) 1,999 16% 17.3 5% 1,156 166 1,361 223 55 112 1,932
BrightView (BV) 1,969 27% 11.6 2% 2,929 1,645 2,405 638 44 266 3,094
Fresh Del Monte Produce (FDP) 1,821 7% 13.7 2% 3,345 1,525 4,510 307 62 175 2,394
Vector Group (VGR) 1,745 32% 10.7 7% 1,487 2,115 1,910 605 111 266 2,856
Calavo Growers (CVGW) 1,679 11% 26.1 9% 390 104 1,196 128 37 64 1,677
Universal (UVV) 1,380 19% 10.5 4% 2,218 880 2,071 385 97 162 1,697
Adecoagro (AGRO) 790 0% 2,277 1,169 0 0 0 0 593
Andersons (ANDE) 766 7% 13.1 1% 3,284 2,273 7,097 473 35 131 1,713
Limoneira (LMNR) 338 0% 63.5 -1% 416 177 135 0 -2 7 449
22nd Century (XXII) 302 1% -14.1 -36% 62 7 26 0 -22 -21 302
Brasil Agro (LND) 235 0% 1,358 477 0 0 0 0 235
Alico (ALCO) 223 49% 5.6 9% 417 218 122 60 38 65 363
SunOpta (STKL) 201 9% 7.5 1% 959 742 894 82 5 59 444
S&W Seed (SANW) 81 78% -10.1 -9% 152 57 49 38 -14 -9 93
Origin Agritech (SEED) 17 0% 430 453 0 0 0 0 93
Shineco (TYHT) 16 28% 95.8 -2% 81 11 31 9 -2 -0 -21
Village Farms International (VFF)
Playtex Products (PYX)
CHS (CHSCL) 5% 1.4 4% 17,573 9,170 23,466 1,122 651 1,167 1,663

Balance Sheet ($MM)2018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash163518111139
Accounts Receivable344317298353347334
Inventory212425242526
PP&E535545557578598602
Assets2,9192,8922,8372,9192,9162,929
Accounts Payable8494819598100
Long-Term Debt1,6881,1771,1721,1791,1771,164
Liabilities2,1981,6651,6161,6951,6611,645
Stockholders' Equity7211,2271,2211,2241,2551,284
Income Statement ($MM)2018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue630526597657625
Cost of Revenue455416394451469453
Gross Profit176166132146189172
R&D
SG&A119124110119114109
Tax1-8-3-1116
Net Income-1-11-9-43225
Cash Flow ($MM)2018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating576584460
Cash Investing-7-17-70-41-17
Cash Financing-31-76-4-15