Michael Hatcher & Associates Ranked #117 on LM150 List of Largest Landscaping Companies | New

A landscaping company Olive Branch made the list of top landscaping companies in the country.

Landscape Management, a trade publication, ranked Michael Hatcher & Associates No. 117 on its ML150 list of the largest landscape companies ranked by revenue 2021. The MLThe 150 list represents approximately 1% of companies in the landscape industry.

“We brought in $21.7 million in annual revenue last year,” CEO Russ Sneed said. “This is a 55% increase in revenue from 2020 to 2021, which resulted in our team being ranked 7th out of 56 on MLThe power of 150 moves the list of companies that grew 20% or more in the past year.

Sneed said the company’s total revenue was $14 million in 2020, $12.6 million in 2019 and $10 million in 2018.

“We achieved our 5-year financial goals in the first 15 months of setting those goals,” Sneed said, calling 2021 “the most extraordinary year in our company’s history. It’s exciting to do part of a team building a healthy and sustainable long-term business.

Operating in the Mid-South since 1987, Michael Hatcher & Associates provides landscaping services to the commercial market and provides fertilization and weed control for lawn care using the Master Lawn and Green King brands in the DeSoto County and Memphis Market.

The company has approximately 200 employees. The company has doubled in size over the past three years and recently restructured to form separate divisions for commercial landscaping and lawn care.

Up $1.7 billion from a year ago, the ML150 revenue sets another record at $14.3 billion. Globally, ML150 companies have seen average revenue growth of 17% from 2020 to 2021 and expect 15% growth this year.

“Watching this list get worse year after year shows that this is a fantastic time to get involved in the landscape industry,” said landscape management Managing Editor Seth Jones. “Our readers are busier than ever. The MLThe 150 list not only describes what is happening with the top 150 companies, but with the industry as a whole. The work they do maintaining green spaces across the country is in high demand, and that’s great news for the men and women who work in this growing industry.

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