Brightview Holdings, Inc. · NYSE:BV
Brightview — Loop Capital Markets 2026 Virtual Investor Conference
26 slides from Brightview's conference presentation, Mar 9, 2026
Slide 1: Investor Presentation
Investor Presentation March 2026
Slide 2: Forward Looking Statements
Forward Looking Statements Forward Looking Statements delay or prevent a change in control; the authorization of our Board of Directors to issue and designate shares of our This presentation contains “forward-looking statements” within the meaning of the safe harbor provision of the U.S. preferred s
Slide 3: Opportunity Abounds in Large & Highly Fragmented Market
Opportunity Abounds in Large & Highly Fragmented Market U.S. Market Structure BrightView 2025 Revenue: $2.7B ~$140B U.S. Commercial Landscaping, Snow and Development Development ~$125B U.S. Commercial Landscaping and Snow ~30% ~70% Maintenance U.S. Commercial ~$105B Landscaping Services BrightView:
Slide 4: Key Investment Highlights
Key Investment Highlights KEY INVESTMENT HIGHLIGHTS Unifying BrightView Market leader with size, scale and strategy to compound competitive advantages Prioritizing our employees to become employer and service provider of choice Sustainable business model with recurring revenue and intense customer f
Slide 5: BrightView Today
BrightView Today • Founded in 1939 • Headquartered: Blue Bell, PA States with BrightView Branches • Employees: ~19,000 Corporate Headquarters Maintenance Branches • Revenue: $2.7B (FY 2025) Development Branches Shared Branches • Jobs: ~20,000 • Branch Locations: 265+ Note: Branch locations include s
Slide 6: BrightView – Much More Than Just Mowing
BrightView – Much More Than Just Mowing Maintenance Mowing Gardening Mulching Snow Services Tree Care Water Mgmt. & Irrigation Lake & Pond Landscape Disaster Sports Golf Course Landscape Management Installation Recovery Fields Maintenance Design Development Design & Pre- Landscape Masonry + Hardscap
Slide 7: BrightView's Early Days…
BrightView’s Early Days… Not Growing Profitability, Combined Two Limited Cash, Legacy Stuck In Place Companies to Create a National Presence Initial Public Offering Focused on Revenue Growth, but not Profitable Growth 7
Slide 8: …Led to These Financial Results
…Led to These Financial Results 380 15.0 370 14.5 Revenue ($Ms) 360 Adj. EBITDA ($Ms) 14.0 +~$420M or 350 & EBITDA % (~$12M) & +18% 340 (240bps) 13.5 2,775 330 12.8% 13.0 12.7% 320 2,554 12.5 310 305 300 302 300 12.0 2,405 2,354 290 288 11.8% 11.5 280 11.0 270 260 10.5 10.4% 250 10.0 2018 2019 2021
Slide 9: BrightView's Refreshed Focus…
BrightView’s Refreshed Focus… Increased Employee & Customer Focus, While Delivering Record EBITDA Not Growing Results Profitability, Combined Two Limited Cash, Legacy Stuck In Place Top-Line Growth Companies Fueling to Create a Transformation National Presence New Leadership, One Rock Partnership, N
Slide 10: …Positions BrightView for Long Term Profitable Growth
…Positions BrightView for Long Term Profitable Growth Prioritizing our employees and a customer-centric focus producing momentum Revenue ($Ms) 2026 Revenue Guidance Assumptions Maintenance Land Growth: ~ +1% to ~ +2% Adj. EBITDA ($Ms) & EBITDA % Development Growth: ~ Flat to ~ +2% Snow Revenue: Snow
Slide 11: Continuing To Prioritize Our Employees
BECOMING THE EMPLOYER OF Continuing To Prioritize Our Employees (from February ’26 Earnings Call) CHOICE Prioritizing and investing in our front line delivers sequential employee turnover improvement Trucks / Flexible Employee PTO Mowers Schedules Wellness Boots Service HRIS Advanced Hours Pay TTM F
Slide 12: Continuing To Deliver Best in Class Customer Service
Continuing To Deliver Best in Class Customer Service CUSTOMER CENTRIC FOCUS (from February ’26 Earnings Call) Unwavering customer service yields sequential customer retention improvement Reduced Improved Consistent & Efficient / Turnover Communication Reliable Service Unified TTM Land Maintenance Cu
Slide 13: Accelerating Salesforce Ramp Up Progressing
Accelerating Salesforce Ramp Up Progressing (from February ’26 Earnings Call) Investments in New Business & Customer Facing Sellers ~80 net sellers Pacing ahead of added in 1Q26 & expectations…will ~180 total net sellers continue to ramp up added* Cumulative Net Sellers Added Through 1Q26 Progress T
Slide 14: Land Contract Business Building Momentum
Land Contract Business Building Momentum (from February ’26 Earnings Call) Customer Retention & Sales Force Ramp Drive Leading Indicator of Future Growth 2023 2024 2025 2026 Continued customer retention Misaligned Sales & Ops Realigned Sales & Ops Solidified Foundation + improvement + structure = st
Slide 15: Driving Profitable Growth in 2026 & Beyond
Driving Profitable Growth in 2026 & Beyond (from February ’26 Earnings Call) Foundation in place to deliver Top Line Profitable Growth and Shareholder Value Driving Profitable Growth Continue accelerating Unlocking Size & Scale salesforce ramp up Delivering Best In Class Refreshed aging fleet Bolste
Slide 16: 2030 Aspirational Targets
2030 Aspirational Targets (from February ’25 Investor Day) Clear path to KEY INVESTMENT HIGHLIGHTS achieve long-term ~$4B*+ ~$650M+ Market leader with size, Prioritizing our employees targets and drive Total Revenue Adjusted EBITDA scale and strategy to to become employer and shareholder value compo
Slide 17: Appendix
Appendix 17
Slide 18: FY 2026 Guidance
FY 2026 Guidance (from February ‘26 Earnings Call) 2026 Guidance $2.670B – Total Revenue $2.730B Guidance Assumptions Maintenance Land Growth ~ +1% to ~ +2% Adjusted EBITDA $363M – $377M Revenue Development Growth ~ Flat to ~ +2% Snow Revenue ~$190 to ~ $220M Adj. EBITDA Margin Maintenance ~ +50 to
Slide 19: Improving Retention Across Our Branch Network
CUSTOMER CENTRIC Improving Retention Across Our Branch Network (from February ‘26 Earnings Call) FOCUS Customer centric focus driving higher concentration of branches with 90+% retention TTM Customer Retention – Branch Segmentation 19
Slide 20: Strategic Capital Priorities
Strategic Capital Priorities (from February ’26 Earnings Call) Fortified balance sheet enables execution of capital allocation priorities Fortified Balance Sheet • Favorable debt structure & ample liquidity • No Long-Term Maturities until 2029 Accelerate Share Accretive Fleet Strategy Repurchase Acq
Slide 21: Leadership
Leadership Inspiring & Unifying ~19,000 Employees to Operate as One BrightView DALE ASPLUND BRETT URBAN MANDY ORDERS MICHAEL DOZIER JONATHAN GOTTSEGEN Chief Executive Officer Chief Financial Officer Chief Human Chief Commercial Officer Chief Legal Officer & Resources Officer Corporate Secretary Sale
Slide 22: Path to ~$4B in Revenue
Path to ~$4B in Revenue (from February ’25 Investor Day) 1 Land Maintenance ~3% to ~6% Growth per Annum (Retention, Route Density, Cross Selling, Ancillary Offerings) 2 Development ~4% to ~5% Growth per Annum (Continued momentum in backlog) 3 Accretive M&A ~$400M to ~$500M in Accretive Mergers & Acq
Slide 23: Path to 16%+ EBITDA Margins
Path to 16%+ EBITDA Margins (from February ’25 Investor Day) 1 Top-Line Growth ~20%+ Flowthrough on Top-Line Growth Drivers 2 Efficiencies +~250bps margin expansion driven by FSM*, procurement, fleet & SG&A leverage 3 Accretive M&A Flowthrough on ~$450M of Accretive Mergers & Acquisitions 12.3% CAGR
Slide 24: Non-GAAP to GAAP Reconciliation
Non-GAAP to GAAP Reconciliation Fiscal Year Ended September 30 (In millions) 2025 2024 2023 2022 2021 2020 2019 2018 Adjusted EBITDA Net income (loss) $ 56.0 $ 66.4 $ (7.7) $ 14.0 $ 46.3 $ (41.6) $ 44.4 $ (15.1) Plus: Interest expense, net 53.7 62.4 97.4 53.3 42.3 64.6 72.5 97.8 Income tax expense (
Slide 25: Non-GAAP to GAAP Reconciliation (cont.)
Non-GAAP to GAAP Reconciliation (cont.) Total Financial De bt and Total Ne t Financial De bt Fiscal Ye ar Ende d Se pte mbe r 30 (In millions) 2025 2024 2023 2022 2021 2020 2019 2018 Long-term debt, net $ 790.2 $ 802.5 $ 888.1 $ 1,330.7 $ 1,130.6 $ 1,127.5 $ 1,134.2 $ 1,141.3 Plus: Current portion o
Slide 26: Thank you
BrightView P Inspiring People. Nurturing Landscapes. Thank you BV LISTED NYSE
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