BrightView Income Statement Research

BV Stock  USD 11.19  0.14  1.24%   
Most accounts from BrightView Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BrightView Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out BrightView Holdings Valuation and BrightView Holdings Correlation analysis.
For more information on how to buy BrightView Stock please use our How to Invest in BrightView Holdings guide.
  
At this time, BrightView Holdings' Operating Income is fairly stable compared to the past year. EBIT is likely to climb to about 113.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 482.1 M in 2024.
Most accounts from BrightView Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BrightView Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out BrightView Holdings Valuation and BrightView Holdings Correlation analysis.
For more information on how to buy BrightView Stock please use our How to Invest in BrightView Holdings guide.At this time, BrightView Holdings' Operating Income is fairly stable compared to the past year. EBIT is likely to climb to about 113.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 482.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit674.8M678.9M780.7M621.6M
Total Revenue2.8B2.8B3.2B2.4B

BrightView Holdings income statement Correlations

0.390.380.380.370.350.460.140.450.39-0.8-0.030.20.090.140.250.36-0.45-0.440.49-0.48-0.8-0.53-0.06-0.38
0.390.870.850.870.790.640.370.640.84-0.26-0.010.090.120.39-0.260.34-0.29-0.480.14-0.1-0.26-0.430.21-0.46
0.380.870.990.990.970.830.60.830.99-0.290.250.4-0.050.66-0.090.65-0.63-0.76-0.030.22-0.29-0.660.48-0.71
0.380.850.991.00.990.880.650.871.0-0.280.330.46-0.150.71-0.070.69-0.65-0.770.030.2-0.28-0.650.46-0.71
0.370.870.991.00.980.870.640.860.99-0.280.320.43-0.150.71-0.120.66-0.6-0.740.030.19-0.28-0.630.45-0.67
0.350.790.970.990.980.870.60.850.99-0.270.470.43-0.260.7-0.130.67-0.63-0.75-0.040.17-0.27-0.60.42-0.65
0.460.640.830.880.870.870.830.990.88-0.460.330.74-0.360.880.220.89-0.75-0.870.30.13-0.46-0.790.5-0.79
0.140.370.60.650.640.60.830.830.65-0.130.080.89-0.290.980.330.84-0.69-0.770.310.53-0.13-0.690.71-0.75
0.450.640.830.870.860.850.990.830.87-0.460.290.77-0.320.870.270.88-0.77-0.870.330.16-0.46-0.810.55-0.81
0.390.840.991.00.990.990.880.650.87-0.280.330.46-0.150.72-0.060.7-0.67-0.780.030.2-0.28-0.660.46-0.72
-0.8-0.26-0.29-0.28-0.28-0.27-0.46-0.13-0.46-0.280.02-0.2-0.09-0.14-0.25-0.360.370.45-0.340.51.00.60.070.32
-0.03-0.010.250.330.320.470.330.080.290.330.020.13-0.750.29-0.30.22-0.18-0.19-0.33-0.030.020.03-0.020.03
0.20.090.40.460.430.430.740.890.770.46-0.20.13-0.350.870.670.9-0.8-0.750.410.48-0.2-0.730.69-0.79
0.090.12-0.05-0.15-0.15-0.26-0.36-0.29-0.32-0.15-0.09-0.75-0.35-0.430.08-0.330.040.220.030.01-0.090.01-0.110.02
0.140.390.660.710.710.70.880.980.870.72-0.140.290.87-0.430.240.86-0.7-0.790.220.5-0.14-0.670.68-0.73
0.25-0.26-0.09-0.07-0.12-0.130.220.330.27-0.06-0.25-0.30.670.080.240.53-0.58-0.370.510.21-0.25-0.540.4-0.57
0.360.340.650.690.660.670.890.840.880.7-0.360.220.9-0.330.860.53-0.88-0.910.260.35-0.36-0.850.62-0.91
-0.45-0.29-0.63-0.65-0.6-0.63-0.75-0.69-0.77-0.670.37-0.18-0.80.04-0.7-0.58-0.880.86-0.19-0.370.370.84-0.610.9
-0.44-0.48-0.76-0.77-0.74-0.75-0.87-0.77-0.87-0.780.45-0.19-0.750.22-0.79-0.37-0.910.86-0.05-0.310.450.94-0.730.93
0.490.14-0.030.030.03-0.040.30.310.330.03-0.34-0.330.410.030.220.510.26-0.19-0.05-0.31-0.34-0.18-0.12-0.17
-0.48-0.10.220.20.190.170.130.530.160.20.5-0.030.480.010.50.210.35-0.37-0.31-0.310.5-0.230.72-0.43
-0.8-0.26-0.29-0.28-0.28-0.27-0.46-0.13-0.46-0.281.00.02-0.2-0.09-0.14-0.25-0.360.370.45-0.340.50.60.070.32
-0.53-0.43-0.66-0.65-0.63-0.6-0.79-0.69-0.81-0.660.60.03-0.730.01-0.67-0.54-0.850.840.94-0.18-0.230.6-0.710.92
-0.060.210.480.460.450.420.50.710.550.460.07-0.020.69-0.110.680.40.62-0.61-0.73-0.120.720.07-0.71-0.77
-0.38-0.46-0.71-0.71-0.67-0.65-0.79-0.75-0.81-0.720.320.03-0.790.02-0.73-0.57-0.910.90.93-0.17-0.430.320.92-0.77
Click cells to compare fundamentals

BrightView Holdings Account Relationship Matchups

BrightView Holdings income statement Accounts

201920202021202220232024 (projected)
Interest Expense64.6M42.3M53.3M97.4M112.0M67.3M
Total Revenue2.3B2.6B2.8B2.8B3.2B2.4B
Gross Profit595.3M650.8M674.8M678.9M780.7M621.6M
Operating Income12.1M90.5M88.4M101M116.2M122.0M
Ebit13.4M93.2M72.9M94.3M108.4M113.9M
Cost Of Revenue1.8B1.9B2.1B2.1B2.5B1.7B
Income Before Tax(51.2M)50.9M19.6M(3.1M)(3.6M)(3.7M)
Net Income(41.6M)46.3M14M(7.7M)(8.9M)(9.3M)
Income Tax Expense12.8M(9.6M)4.6M5.6M5.3M5.6M
Tax Provision12.8M(9.6M)4.6M15.7M5.3M5.6M
Interest Income72.5M64.6M42.3M53.3M48.0M58.8M
Ebitda149.7M230.2M223.3M244M280.6M242.8M
Net Interest Income(64.6M)(42.3M)(53.3M)(97.4M)(112.0M)(117.6M)

Pair Trading with BrightView Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BrightView Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BrightView Holdings will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to BrightView Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BrightView Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BrightView Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BrightView Holdings to buy it.
The correlation of BrightView Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BrightView Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BrightView Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BrightView Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BrightView Holdings is a strong investment it is important to analyze BrightView Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BrightView Holdings' future performance. For an informed investment choice regarding BrightView Stock, refer to the following important reports:
Check out BrightView Holdings Valuation and BrightView Holdings Correlation analysis.
For more information on how to buy BrightView Stock please use our How to Invest in BrightView Holdings guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is BrightView Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BrightView Holdings. If investors know BrightView will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BrightView Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
(0.19)
Revenue Per Share
29.775
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0196
The market value of BrightView Holdings is measured differently than its book value, which is the value of BrightView that is recorded on the company's balance sheet. Investors also form their own opinion of BrightView Holdings' value that differs from its market value or its book value, called intrinsic value, which is BrightView Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BrightView Holdings' market value can be influenced by many factors that don't directly affect BrightView Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BrightView Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if BrightView Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BrightView Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.