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BrightView(BV) - 2025 Q4 - Earnings Call Presentation
2025-11-20 13:30
Financial Performance & Growth - BrightView achieved a record full-year Adjusted EBITDA of $352.3 million, an increase of 8.5% compared to the previous year[10,28] - The Adjusted EBITDA margin also reached a record high of 13.2%, a 150 basis point improvement year-over-year[10,28] - The company anticipates total revenue between $2.670 billion and $2.730 billion for FY2026[41] - Adjusted EBITDA for FY2026 is projected to be between $363 million and $377 million, with margin expansion of approximately 40 to 60 basis points[41] - Adjusted Free Cash Flow for FY2026 is expected to be in the range of $100 million to $115 million[41] Operational Efficiency & Investments - BrightView is reinvesting G&A savings into expanding its salesforce[17] - The company's streamlined operations have resulted in meaningful cost savings[31] - Strategic fleet investments are delivering multi-faceted benefits, contributing to EBITDA growth and margin expansion[34,37] Capital Allocation & Debt Management - BrightView has increased its share repurchase authorization to $150 million[10,40] - The company's leverage ratio has improved to 2.3x Net Debt to Adjusted EBITDA[40,58] - Total Net Financial Debt was $802.9 million as of September 30, 2025[58] Customer & Employee Focus - Customer retention has improved by approximately 200 basis points year-over-year[10] - The company is prioritizing and investing in its front-line employees, leading to sequential employee turnover improvement[11]