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)
8-K
Results of Operations and Financial Condition
31 May 23
8-K
Submission of Matters to a Vote of Security Holders
18 May 23
10-Q
2023 Q1
Quarterly report
10 May 23
ARS
2022 FY
Annual report to shareholders
31 Mar 23
DEFA14A
Additional proxy soliciting materials
31 Mar 23
DEF 14A
Definitive proxy
31 Mar 23
10-K
2022 FY
Annual report
16 Mar 23
8-K
Entry into a Material Definitive Agreement
20 Jan 23
8-K
Results of Operations and Financial Condition
21 Nov 22
10-Q
2022 Q3
Quarterly report
8 Nov 22
Latest ownership filings
4
JAMES C HOUSTON
24 May 23
4
JOSEPH EDWARD DAY III
24 May 23
4
Charles D Stapleton
18 May 23
4
Thomas A Haught
18 May 23
4
MATTHEW CHRISTOPHER HARRIS
18 May 23
4
Donald C Brown
18 May 23
4
ALEJANDRA EVANS
18 May 23
4
CATHERINE M KILBANE
18 May 23
4
KARL J WARNKE
18 May 23
4
Brent R Repenning
12 May 23
Financial summary
| Quarter (USD) | Apr 23 | Dec 22 | Oct 22 | Jul 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) | 24.68 mm | 24.68 mm | 24.68 mm | 24.68 mm | 24.68 mm | 24.68 mm |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 4.71 mm | (no burn) |
| Cash used (since last report) | n/a | n/a | n/a | n/a | 10.33 mm | n/a |
| Cash remaining | n/a | n/a | n/a | n/a | 14.35 mm | n/a |
| Runway (months of cash) | n/a | n/a | n/a | n/a | 3.0 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 May 23 | Joseph Edward Day Iii | Common Stock | Option exercise | Acquire M | No | No | 5.8 | 4,000 | 23.20 k | 325,706 |
| 24 May 23 | Joseph Edward Day Iii | NQSO Common Stock | Option exercise | Dispose M | No | No | 5.8 | 4,000 | 23.20 k | 0 |
| 24 May 23 | James C Houston | Common Stock | Option exercise | Acquire M | No | No | 5.8 | 4,000 | 23.20 k | 89,408 |
| 24 May 23 | James C Houston | NQSO Common Stock | Option exercise | Dispose M | No | No | 5.8 | 4,000 | 23.20 k | 0 |
| 18 May 23 | Warnke Karl J | Common Stock | Sell | Dispose S | Yes | No | 18.5 | 59,500 | 1.10 mm | 1,236,651 |
| 17 May 23 | Warnke Karl J | Common Stock | Grant | Acquire A | Yes | No | 0 | 2,054 | 0.00 | 1,296,151 |
| 17 May 23 | Kilbane Catherine M | Common Stock | Grant | Acquire A | No | No | 0 | 2,054 | 0.00 | 15,431 |
| 17 May 23 | Evans Alejandra | Common Stock | Grant | Acquire A | No | No | 0 | 2,054 | 0.00 | 8,547 |