DAVEY TREE EXPERT CO
Materials · Agricultural Services · OH · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.95B | $1.84B | $1.69B | $1.51B | $1.38B | $1.29B |
| Operating income | $72.2M | $114.7M | $114.2M | $100.2M | $101.3M | $94.2M |
| Net income | $33.3M | $64.8M | $72.1M | $61.3M | $65.7M | $60.9M |
| Total assets | $1.50B | $1.41B | $1.28B | $956.2M | $772.9M | $655.4M |
| Total liabilities | $1.14B | $1.04B | $939.9M | $656.4M | $499.2M | $422.3M |
| Equity | $143.1M | $173.6M | $152.5M | $129.8M | $103.8M | $79.7M |
| EPS (diluted) | $0.78 | $1.47 | $1.58 | $1.31 | $1.38 | $1.32 |
| Shares out. | 40.5M | 41.4M | 42.7M | 44.7M | 22.8M | 23.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 3.7%
- Net margin
- 1.7%
- Return on equity
- 23.3%
- Return on assets
- 2.2%
- Return on capital (ROCE)
- 6.5%
- Liabilities / assets
- 76.2%
- Debt / equity
- 7.97×
- Book value / share
- $3.53
- Revenue growth (YoY)
- 5.8%
- Net income growth (YoY)
- −48.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 1.85grey zone
- Accruals / assets
- −8.1%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 2 warning● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Altman Z″ in the grey zone
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 9, 2017
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Kilbane Catherine MDirector | May 20, 2026 | Grant | 1,558 | $0.00 |
| Evans AlejandraDirector | May 20, 2026 | Grant | 1,558 | $0.00 |
| Haught Thomas ADirector | May 20, 2026 | Grant | 1,558 | $0.00 |
| Mcneely Joseph EDirector | May 20, 2026 | Grant | 1,558 | $0.00 |
| Harris Matthew ChristopherDirector | May 20, 2026 | Grant | 1,558 | $0.00 |
| Grisko Jerome PDirector | May 20, 2026 | Grant | 1,558 | $0.00 |
| Reid Sandra LynneOfficer — Exec VP Corp Communications | Apr 27, 2026 | Tax withholding | 652 | $27.60 |
| Hyland Scott AlanOfficer — Senior VP of Marketing | Apr 27, 2026 | Tax withholding | 515 | $27.60 |
| Davis Anna ChristineOfficer — Sr VP of Human Resources | Apr 27, 2026 | Tax withholding | 738 | $27.60 |
| Paul Joseph ROfficer — EVP & CFO | Apr 17, 2026 | Sell | 26,816 | $27.60 |
| Covey Patrick MOfficer — Chairman, President & CEO | Apr 16, 2026 | Sell | 50,756 | $27.60 |
| Doyle James EdgarOfficer — EVP & GM, Canada Operations | Apr 14, 2026 | Sell | 40,000 | $27.60 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Results of operationsJun 1, 2026
- Shareholder voteMay 22, 2026
- Director / officer changeDec 11, 2025
- Results of operationsNov 26, 2025
- New financial obligationSep 24, 2025
- Results of operationsAug 25, 2025
- Entered a material agreement · New financial obligationJul 23, 2025
- Entered a material agreement · Results of operations · New financial obligation · Shareholder voteMay 27, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.