# THE DAVEY TREE EXPERT COMPANY · Edgar & Edgarette company card

> The Davey Tree Expert Company grew revenue 5.8% in FY2025 to $1.9 billion, operating margin 3.7%, equity 9.6% of assets, and dividend per share up 5 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 277638 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/277638) · [JSON](https://www.pops4.com/boards/company/277638.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.9B |
| Revenue growth, 1 year | 5.8% |
| Revenue growth per year | 9.0% |
| Operating margin | 3.7% (prior year 6.2%) |
| Net margin | 1.7% |
| Operating cash flow | $155M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $12M |
| Long-term debt | $430M |
| Total assets | $1.5B |
| Total equity | $143M |
| Equity ÷ assets | 9.6% |
| Return on equity | 23.3% |
| Dividend per share | $0.11 |
| Dividend years rising | 5 |

## Readings, computed from those figures

- Altman Z: 1.85 (grey zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $1.9B (FY2025), total debt $429.9M. Experience: revenue up 5.8% on the year, up 9.0% a year over 4 years; operating margin 3.7%, down from 6.2%. Soundness: equity 9.6% of assets, return on equity 23.3%, payout 12.9% of profit, dividend per share up 5 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.9B and $2.2B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.8B to $2.4B. A statistical range, not company guidance.

Range logged 2026-11-02, receipt 82ea462055b583d8, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2025-12-11 ([filing](https://www.sec.gov/Archives/edgar/data/277638/000162828025056436/0001628280-25-056436-index.htm))

## Recent filings

- 8-K · filed 2026-11-02 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/277638/000162828026068827/0001628280-26-068827-index.htm)
- 8-K · filed 2026-08-25 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/277638/000162828026058800/0001628280-26-058800-index.htm)
- 10-Q · filed 2026-08-12 · [filing](https://www.sec.gov/Archives/edgar/data/277638/000162828026056085/0001628280-26-056085-index.htm)
- 8-K · filed 2026-07-14 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/277638/000162828026048130/0001628280-26-048130-index.htm)
- 8-K · filed 2026-06-01 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/277638/000162828026039379/0001628280-26-039379-index.htm)
- 8-K · filed 2026-05-22 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/277638/000162828026037554/0001628280-26-037554-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000277638.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=277638

## Cite

POPS4, Edgar & Edgarette: THE DAVEY TREE EXPERT COMPANY company card, from the company's own SEC filings, accessed 2026-11-03, https://www.pops4.com/boards/company/277638. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.