A look at the data and trends behind the largest 150 companies in the landscape industry.
Collectively, the largest landscape companies in North America grossed $8.5 billion in 2014—a 10 percent increase from the $7.7 billion in revenue they generated in 2013. These firms, members of the LM150 list, reported an average growth rate of 16 percent in 2014 and they plan to grow another 10 percent this year.
As always, some companies joined the list and others fell off. But the biggest news is the merger of the top two companies on last year’s list. The Brickman Group/ValleyCrest Landscape Cos.—soon to be BrightView—now share a spot at No. 1. Their combined $2 billion revenue makes up nearly a quarter of the total revenue reported by all companies on the LM150 list.
The merger allowed Bartlett Tree Experts to break into the top five, and it bumped up The Davey Tree Expert Co. to slot three. Scotts Lawn Service fell to No. 4 and TruGreen remained at two.
To read the full list, click here.
If you’re looking to learn more about how some companies from the LM150 list are overcoming obstacles, read on (here, here and here.)
No matter their sizes, LM150 firms face challenges just like the rest of the industry. In fact, our reporting shows they’re often the exact same obstacles smaller companies are battling, albeit on a larger scale. In the stories that follow, we cover
how some of the big guys are hurdling challenges surrounding hiring and retention, client relations and productivity.
Methodology
LM sought submissions from landscape companies via the magazine, LandscapeManagement.net, email and the phone from January through May. Companies submitted their details through an online form. LM editors compiled the results and, where applicable, removed non-typical green industry revenue sources from totals. For example, we omit revenue from structural pest control and termite services.
We estimated revenue for firms the editors couldn’t reach if they participated in last year’s list and reported projected 2014 revenue data. Additionally, LM editors calculated the figures for client mix, profit centers and regional charts based on the data submitted.
Who did we miss?
Should your company be on the LM150 list of the largest landscape companies? Or do you know of someone else we missed?
Contact Editor Marisa Palmieri at mpalmieri@northcoastmedia.net to be notified in early 2016 when the submission period opens.
We encourage companies with $5 million-plus in annual revenue to participate.
Photo: ©istock.com/OJO_Images
