The Davey Tree Expert Company, which was founded in 1880 and incorporated in Ohio in 1909, and its subsidiaries ("we" or "us") provide a wide range of arboricultural, horticultural, environmental and consulting services to our customers throughout the United States and Canada. We have two reportable operating segments organized by type or class of customer: Residential and Commercial, and Utility. Our Residential and Commercial segment provides services to our residential and commercial customers including: the treatment, preservation, maintenance, removal and planting of trees, shrubs and other plant life; the practice of landscaping, grounds maintenance, tree surgery, tree feeding and tree spraying; the application of fertilizer, herbicides and insecticides; and natural resource management and consulting, forestry research and development, and environmental planning.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Davey Tree Surgery Company • Davey Tree Expert Co. of Canada, Limited • Standing Rock Insurance Company • Davey Resource Group, Inc • Wolf Tree, Inc. ...
IRS number
340176110
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
8-K
Departure of Directors or Certain Officers
15 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
30 Nov 23
8-K
Results of Operations and Financial Condition
29 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Results of Operations and Financial Condition
28 Aug 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jul 23 | Apr 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 13.79 mm | 13.79 mm | 13.79 mm | 13.79 mm | 13.79 mm | 13.79 mm |
Cash burn (monthly) | 1.26 mm | 754.42 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 8.90 mm | 5.31 mm | n/a | n/a | n/a | n/a |
Cash remaining | 4.89 mm | 8.48 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.9 | 11.2 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Apr 24 | James C Houston | Common Stock | Payment of exercise | Dispose F | No | No | 22.2 | 2,855 | 63.38 k | 91,198 |
18 Apr 24 | Joy Dan A | Common Stock | Sell | Dispose S | No | No | 22.2 | 5,819 | 129.18 k | 70,074 |
15 Apr 24 | Ina Gregory M | Common Stock | Option exercise | Acquire M | No | No | 6.6 | 4,000 | 26.40 k | 149,760 |
15 Apr 24 | Ina Gregory M | NQSO Common Stock | Option exercise | Dispose M | No | No | 6.6 | 4,000 | 26.40 k | 0 |
15 Apr 24 | Covey Patrick M | Common Stock | Option exercise | Acquire M | No | No | 7.53 | 12,000 | 90.36 k | 539,139 |
15 Apr 24 | Covey Patrick M | NQSO Common Stock | Option exercise | Dispose M | No | No | 7.53 | 12,000 | 90.36 k | 0 |
15 Apr 24 | Paul Joseph R | Common Stock | Option exercise | Acquire M | No | No | 12.1 | 1,286 | 15.56 k | 349,118 |
15 Apr 24 | Paul Joseph R | Common Stock | Option exercise | Acquire M | No | No | 10.55 | 1,200 | 12.66 k | 347,832 |
15 Apr 24 | Paul Joseph R | Common Stock | Option exercise | Acquire M | No | No | 9.55 | 1,200 | 11.46 k | 346,632 |
15 Apr 24 | Paul Joseph R | NQSO Common Stock | Option exercise | Dispose M | No | No | 12.1 | 1,286 | 15.56 k | 1,286 |