Brightview Holdings

BrightView trades at 276x trailing earnings while its trailing EPS is still negative $1.04.

If you own BV, you own the biggest landscaper in America with profit math that still looks broken.

bv

general small cap updated feb 13, 2026
$13.80
market cap ~$1B · 52-week range $11–$17
xvary composite: 46 / 100 · below average
our overall rating — combines growth, value, risk, and momentum
Start here if you're new
what it is
BrightView handles commercial landscaping, snow removal, and big outdoor redesign projects across the U.S.
how it gets paid
Last year Brightview made -$54M in revenue.
why growth slowed
Revenue fell 13.9% last year. The key number was -$0.26 of EPS, because revenue can beat by 4.2% and the stock still struggles if profits stay negative.
what just happened
Revenue reached $614.7M, but EPS still came in at -$0.26 and kept the turnaround story on a short leash.
At a glance
B balance sheet — gets the job done, barely
20/100 earnings predictability — expect surprises
276.0x trailing p/e — you're paying up for this one
3.2% return on capital — nothing to write home about
$0.13 fy2025 eps est
xvary composite: 46/100 — below average
What they do
BrightView handles commercial landscaping, snow removal, and big outdoor redesign projects across the U.S.
Scale is the whole story here. BrightView runs more than 280 branches and serves about 11,700 office parks, 10,100 residential communities, and 700 schools, so you get one vendor instead of a patchwork of local crews. Integrated national service model (one network serving many local markets) → fewer handoffs and easier account coverage → so what: that makes large multi-site customers harder to steal.
industrials small-cap services commercial-landscaping turnaround
How they make money
-$54M annual revenue · revenue declined -13.9% last year
total revenue
-$54M
13.9%
The products that matter
recurring commercial upkeep
Landscape Maintenance
$1.8B · about two-thirds of segment revenue shown here
this is the core business. 90%+ customer retention gives you repeat work, but repeat work is not the same as high returns — the company still earns only 3.2% on capital.
sticky, not rich
seasonal weather services
Snow & Ice Removal
$614.7M q1 revenue backdrop
snow work helped push Q1 revenue to $614.7M, up 2.6% from last year. the catch: weather can boost a quarter fast, and it can disappear just as fast.
quarter mover
design and installation projects
Landscape Development
$0.9B · down 2%
this is the higher-operating-leverage piece. when customers spend on projects, profit has room to improve. when they pull back, the revenue mix gets worse in a hurry.
cyclical upside
Key numbers
n/a
operating margin
Prior margin KPI failed sanity check — verify in filings. Operating margin → profit after day-to-day costs → so what: at -250.7%, the reported cost structure overwhelmed revenue, which is the opposite of a stable service business.
$881M
long-term debt
Debt → money the company owes over years → so what: $881M, equal to 44% of capital, limits flexibility when earnings keep swinging.
276x
trailing p/e
P/E → stock price divided by past earnings → so what: you are paying 276 times trailing profit for a business with negative trailing EPS of $1.04.
3.2%
return on capital
Return on capital → profit earned on money invested in the business → so what: 3.2% is weak for a company carrying $881M of debt.
Financial health
B
strength
  • balance sheet grade B — adequate — nothing special
  • risk rank 3 — safer than 50% of stocks
  • price stability 40 / 100
  • long-term debt $881M (44% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market

Return history isn't available for BV right now.

source: institutional data · return history unavailable
What just happened
missed estimates
Revenue reached $614.7M, but EPS still came in at -$0.26 and kept the turnaround story on a short leash.
The quarter showed 2.6% vs. prior year revenue growth and topped the $589.91M consensus estimate. The quiet part out loud: sales showed up, but profit still did not.
$614.7M
revenue
$0.26
eps
+2.6%
revenue growth
the number that mattered
The key number was -$0.26 of EPS, because revenue can beat by 4.2% and the stock still struggles if profits stay negative.
source: company earnings report, 2026

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What could go wrong

the top risk is margin compression in commercial landscape maintenance. this is already a low-return business, so small misses matter.

!
high
cost inflation outruns pricing
Operating margin is 11.5%, and Q1 already showed the pattern: revenue beat, EPS miss. In plain English, crews stayed busy but less of that work reached shareholders.
If margins stay stuck around 11.5%, the recovery case stays stuck too.
!
high
development revenue weakens again
Development fell 2% in the figures shown here. That is the more cyclical side of the business, and it matters because recurring maintenance keeps revenue stable while project work helps margins move.
A weaker mix means lower operating leverage on a company already earning just 3.2% on capital.
med
debt limits flexibility
Long-term debt sits at $881M, or 44% of capital. That is manageable if results improve. It gets less comfortable if the company keeps buying back stock before earnings quality improves.
You have less room for mistakes, acquisitions, or a weather-driven bad stretch.
Your thesis depends on a roughly $2.7B revenue business turning stable contracts into better earnings while carrying $881M of long-term debt.
source: institutional data · regulatory filings · risk analysis
Pay attention to
earnings
Q2 FY26 earnings report
Estimated for May 6, 2026. Consensus sits near $0.08 EPS. After a revenue beat and EPS miss, profit quality is the number that matters.
margin
11.5% operating margin
This is the pressure point. If revenue grows and margin does not, you are watching activity rise without the payoff.
balance sheet
$881M debt versus $18.8M buybacks
That capital allocation trade-off deserves attention. If buybacks keep running while earnings stay thin, the risk case gets louder.
guide
FY26 revenue target still at $2.67B–$2.73B
A steady guide tells you demand is holding. The next question is whether Development stops shrinking and the mix improves.
Analyst rankings
earnings predictability
20 / 100
in human-speak, analysts do not trust this business to deliver smooth quarters.
price target spread
$11.10–$24.00
that is a wide range around a $13.80 stock. translation: the street agrees less on earnings power than on revenue.
source: institutional data
Institutional activity

institutional ownership data for BV is being compiled.

source: institutional data
Price targets
3-5 year target range
n/a n/a
$14 current price
n/a target midpoint · n/a from current
target data not available

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