NYSE$BV
BrightView Holdings Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
BrightView's Q4 2023 results reflected growth in revenue, EBITDA, and cash flow, with successful execution on key initiatives including deleveraging the balance sheet and prioritizing profitable growth.
BrightView reported a 2.8% increase in total revenue to a record $743.7 million for the fourth quarter of fiscal year 2023. Net income increased by 7.2% to $16.4 million, and Adjusted EBITDA increased by 11.3% to $101.6 million.
- Total revenue increased 2.8% year-over-year to a fourth quarter record $743.7 million.
- Net income increased 7.2% year-over-year to $16.4 million; Net income margin expanded by 10 basis points.
- Adjusted EBITDA increased 11.3% year-over-year to a fourth quarter record $101.6 million; Adjusted EBITDA margin expanded by 110 basis points.
- Full year free cash flow increased $73.5 million year-over-year to $80.2 million.
Headline financials
Revenue & EPS history
BrightView · Revenue · Quarterly
$744M
Revenue by segment
BrightView · $746M total across 2 segments · Q4 2023
- Maintenance Services$521M-1.5%69.9%
- Development Services$225M+13.5%30.1%
Forward guidance
The company provides fiscal year 2024 guidance with total revenue of $2.825 - $2.975 million and Adjusted EBITDA of $310 - $340 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
-2.8%
Avg return
Earnings day
-3.3%
Avg return
5 days after
-1.2%
Avg return
30 days after
35%
11 / 31 earnings
Positive
+25.0%
Q2 2023
Best reaction
-17.9%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -1.4% | +10.2% | +4.3% | |
| Q1 2026 | -7.0% | -1.5% | -6.8% | |
| Q4 2025 | -0.8% | +5.5% | +7.4% | |
| Q2 2025 | +8.5% | +14.9% | +14.1% | |
| Q1 2025 | -6.6% | -9.3% | -23.1% | |
| Q4 2024 | -14.0% | -14.9% | -8.3% | |
| Q3 2024 | +10.5% | +0.8% | +14.4% | |
| Q2 2024 | +11.5% | +10.1% | +22.8% | |
| Q1 2024 | -2.3% | -4.2% | -2.7% | |
| Q4 2023 | -6.9% | -5.3% | +8.8% | |
| Q3 2023 | +0.9% | +0.8% | +4.9% | |
| Q2 2023 | +25.0% | +22.9% | +37.3% | |
| Q1 2023 | -15.3% | -21.7% | -25.8% | |
| Q4 2022 | -16.7% | -18.4% | -26.8% | |
| Q3 2022 | -17.9% | -19.9% | -26.4% | |
| Q2 2022 | +3.1% | -1.5% | +7.1% | |
| Q1 2022 | -6.6% | -2.0% | +0.7% | |
| Q4 2021 | -9.8% | -10.1% | -13.2% | |
| Q3 2021 | -1.7% | -8.4% | -2.5% | |
| Q2 2021 | +3.1% | -2.3% | -3.5% | |
| Q1 2021 | -1.1% | -0.9% | +8.7% | |
| Q4 2020 | -6.1% | -0.5% | +0.9% | |
| Q3 2020 | +2.0% | +6.2% | +1.5% | |
| Q2 2020 | +1.1% | +2.2% | +27.5% | |
| Q1 2020 | -4.8% | -1.3% | -14.7% | |
| Q4 2019 | -12.4% | -15.2% | -13.2% | |
| Q3 2019 | -4.7% | -4.0% | -1.9% | |
| Q2 2019 | +1.3% | -2.2% | +10.5% | |
| Q1 2019 | -13.5% | -10.0% | -4.8% | |
| Q4 2018 | +12.0% | +4.7% | -17.1% | |
| Q3 2018 | -15.2% | -26.3% | -16.7% | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — |
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