FirstService (FSV) Financials

$131.66 -1.47 (-1.10%)

Closing price 05/22/2026 04:00 PM Eastern

Extended Trading

$131.62 -0.03 (-0.03%)

As of 05/22/2026 05:07 PM Eastern

Annual Income Statements for FirstService

This table shows FirstService's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	21	34	51	66	-252	87	135	121	100	134	145
Consolidated Net Income / (Loss)	38	54	75	90	-228	110	156	145	147	188	191
Net Income / (Loss) Continuing Operations	38	54	75	90	-228	110	156	145	147	188	191
Total Pre-Tax Income	62	82	97	115	-200	145	209	194	203	258	267
Total Operating Income	71	91	105	128	-174	169	202	219	245	338	338
Total Gross Profit	380	433	540	611	773	901	1,046	1,180	1,388	1,718	1,846
Total Revenue	1,264	1,483	1,729	1,931	2,407	2,772	3,249	3,746	4,335	5,217	5,498
Operating Revenue	1,264	-	1,729	1,931	2,407	2,772	3,249	3,746	4,335	5,217	5,498
Total Cost of Revenue	884	1,050	1,189	1,320	1,634	1,872	2,203	2,566	2,947	3,499	3,651
Operating Cost of Revenue	884	1,050	1,189	1,320	1,634	1,872	2,203	2,566	2,947	3,499	3,651
Total Operating Expenses	309	342	435	484	948	731	845	961	1,143	1,380	1,508
Selling, General & Admin Expense	279	305	385	426	546	629	734	846	993	1,230	1,311
Depreciation Expense	19	23	28	35	41	52	55	61	74	93	108
Amortization Expense	10	14	14	18	39	46	44	49	54	72	77
Restructuring Charge	0.41	0.06	2.02	4.50	7.54	4.30	12	4.52	22	-14	12
Total Other Income / (Expense), net	-9.14	-8.92	-8.35	-12	-26	-24	7.36	-25	-42	-80	-72
Interest & Investment Income	-9.08	-9.15	-9.87	-13	-32	-24	-16	-25	-47	-83	-74
Other Income / (Expense), net	-0.06	0.23	1.52	0.25	6.02	0.36	23	0.15	5.81	3.24	2.14
Income Tax Expense	23	27	22	25	27	36	53	49	56	70	76
Preferred Stock Dividends Declared	12	15	15	13	16	16	13	15	32	38	30
Net Income / (Loss) Attributable to Noncontrolling Interest	4.56	5.24	8.23	11	7.87	6.35	7.42	9.38	14	16	16
Basic Earnings per Share	$0.59	$0.93	$1.43	$1.83	($6.58)	$2.04	$3.08	$2.74	$2.25	$2.98	$3.19
Weighted Average Basic Shares Outstanding	35.94M	35.84M	35.92M	35.98M	41.50M	43.59M	44.01M	44.23M	44.68M	45.27M	45.72M
Diluted Earnings per Share	$0.59	$0.92	$1.41	$1.80	($6.58)	$2.02	$3.05	$2.72	$2.24	$2.97	$3.17
Weighted Average Diluted Shares Outstanding	35.94M	35.84M	35.92M	35.98M	41.50M	43.59M	44.01M	44.23M	44.68M	45.27M	45.72M
Weighted Average Basic & Diluted Shares Outstanding	35.94M	35.84M	35.92M	35.98M	41.50M	43.59M	44.01M	44.23M	44.68M	45.27M	45.72M

No quarterly income statements for FirstService are available.

This table details how cash moves in and out of FirstService's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-21	-2.18	10	13	54	75	-15	-35	48	37	-64
Net Cash From Operating Activities	87	109	116	99	108	292	167	106	280	286	446
Net Cash From Continuing Operating Activities	87	109	116	99	108	292	167	106	280	286	446
Net Income / (Loss) Continuing Operations	38	54	75	90	-228	110	156	145	147	188	191
Consolidated Net Income / (Loss)	38	54	75	90	-228	110	156	145	147	188	191
Depreciation Expense	29	37	42	53	80	98	99	110	128	165	185
Non-Cash Adjustments To Reconcile Net Income	-8.72	0.74	16	5.84	266	25	-17	19	14	6.47	17
Changes in Operating Assets and Liabilities, net	29	17	-18	-49	-9.69	58	-70	-168	-8.31	-74	53
Net Cash From Investing Activities	-32	-131	-80	-106	-615	-142	-206	-161	-646	-324	-245
Net Cash From Continuing Investing Activities	-32	-131	-80	-106	-615	-142	-206	-161	-646	-324	-245
Purchase of Property, Plant & Equipment	-20	-29	-36	-41	-47	-39	-58	-78	-93	-113	-128
Acquisitions	-12	-91	-40	-59	-580	-99	-163	-52	-547	-212	-107
Other Investing Activities, net	-0.24	-11	-3.83	-6.16	-1.50	-4.29	-0.68	-31	-14	1.34	-10
Net Cash From Financing Activities	-75	20	-26	20	561	-75	24	19	414	74	-263
Net Cash From Continuing Financing Activities	-75	20	-26	20	561	-75	24	19	414	74	-263
Repayment of Debt	-27	-52	-44	-42	-198	-205	-68	-72	-141	-263	-351
Payment of Dividends	-30	-24	-29	-29	-62	-53	-48	-65	-52	-79	-101
Issuance of Debt	0.00	101	61	104	624	25	130	150	588	367	136
Issuance of Common Equity	1.12	2.20	0.84	1.20	195	150	1.35	0.34	1.03	1.74	1.49
Other Financing Activities, net	-0.06	1.14	1.92	-4.18	1.96	6.85	9.33	5.49	18	48	51
Other Net Changes in Cash	-	-	0.41	-0.75	0.46	0.34	-0.05	-	-0.45	0.43	-1.01

No quarterly cash flow statements for FirstService are available.

This table presents FirstService's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	600	771	848	1,007	1,955	2,197	2,509	2,775	3,626	4,195	4,284
Total Current Assets	230	304	326	415	668	819	965	1,109	1,361	1,559	1,504
Cash & Equivalents	46	43	57	66	121	184	166	136	188	228	154
Restricted Cash	3.77	13	9.71	14	13	25	29	23	19	16	26
Accounts Receivable	115	164	186	240	394	419	552	636	842	948	922
Inventories, net	16	30	38	48	95	142	161	242	246	280	274
Prepaid Expenses	22	26	31	38	41	42	51	50	57	79	105
Current Deferred & Refundable Income Taxes	28	27	4.40	9.34	4.15	7.40	6.84	21	8.81	9.43	22
Plant, Property, & Equipment, net	58	73	85	98	132	127	138	167	204	254	290
Total Noncurrent Assets	313	394	436	494	1,156	1,251	1,406	1,499	2,061	2,382	2,490
Noncurrent Note & Lease Receivables	3.83	3.80	3.52	4.21	4.03	4.17	4.72	4.88	4.24	3.93	4.72
Goodwill	221	266	292	335	645	704	843	886	1,180	1,395	1,501
Intangible Assets	79	121	134	149	366	379	382	368	628	715	685
Noncurrent Deferred & Refundable Income Taxes	6.55	1.69	0.78	0.00	2.84	2.05	1.76	1.70	1.75	2.11	4.98
Other Noncurrent Operating Assets	2.18	1.32	6.40	6.14	138	162	174	238	247	265	294
Total Liabilities & Shareholders' Equity	600	771	848	1,007	1,955	2,197	2,509	2,775	3,626	4,195	4,284
Total Liabilities	356	488	538	620	1,355	2,004	1,490	1,634	2,269	2,558	2,422
Total Current Liabilities	130	175	214	227	358	544	618	637	771	851	882
Short-Term Debt	6.25	3.93	15	16	12	61	65	61	69	57	54
Accounts Payable	24	32	41	42	76	99	100	116	143	174	159
Accrued Expenses	78	103	118	133	165	251	286	282	328	367	389
Current Deferred Revenue	18	29	39	37	74	90	116	126	179	191	209
Current Deferred & Payable Income Tax Liabilities	3.34	7.06	-	-	0.00	7.89	2.55	2.79	1.47	8.38	13
Other Current Liabilities	-	-	-	0.00	31	35	48	49	51	53	59
Total Noncurrent Liabilities	226	312	325	393	997	1,460	872	997	1,498	1,707	1,539
Long-Term Debt	197	250	267	331	761	533	595	699	1,145	1,257	1,069
Noncurrent Deferred Revenue	-	-	16	13	13	14	15	18	21	23	26
Noncurrent Deferred & Payable Income Tax Liabilities	14	31	0.95	6.58	58	41	42	51	53	85	103
Other Noncurrent Operating Liabilities	15	31	41	42	165	871	219	229	278	342	342
Redeemable Noncontrolling Interest	78	102	118	152	175	193	219	233	333	449	486
Total Equity & Noncontrolling Interests	167	181	192	236	426	0.00	800	907	1,024	1,188	1,376
Total Preferred & Common Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest	167	181	192	236	426	-	800	907	1,024	1,188	1,376

No quarterly balance sheets for FirstService are available.

This table displays calculated financial ratios and metrics derived from FirstService's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.67%	17.31%	16.60%	11.71%	24.64%	15.16%	17.19%	15.29%	15.72%	20.36%	5.38%
EBITDA Growth	38.74%	28.17%	16.27%	21.59%	-149.20%	401.82%	20.83%	1.64%	14.98%	33.64%	3.83%
EBIT Growth	55.81%	28.43%	17.29%	20.04%	-231.75%	200.81%	32.55%	-2.61%	14.39%	35.92%	-0.16%
NOPAT Growth	41.08%	37.18%	35.50%	22.62%	-222.13%	204.54%	18.01%	8.70%	8.15%	38.78%	-1.54%
Net Income Growth	45.84%	42.00%	38.35%	20.30%	-352.14%	148.14%	42.47%	-7.12%	1.39%	27.72%	1.58%
EPS Growth	63.89%	55.93%	53.26%	27.66%	-465.56%	130.70%	50.99%	-10.82%	-17.65%	32.59%	6.73%
Operating Cash Flow Growth	92.78%	25.16%	6.08%	-13.99%	8.39%	170.63%	-42.67%	-36.69%	164.76%	1.90%	56.10%
Free Cash Flow Firm Growth	115.28%	-136.84%	269.73%	-179.88%	-2,323.76%	211.62%	-195.88%	87.71%	-379.17%	78.05%	247.58%
Invested Capital Growth	-3.51%	20.49%	9.37%	24.58%	89.33%	-53.36%	156.93%	17.29%	35.74%	14.53%	3.61%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	30.07%	29.19%	31.24%	31.65%	32.12%	32.48%	32.20%	31.50%	32.01%	32.93%	33.58%
EBITDA Margin	7.88%	8.62%	8.59%	9.35%	-3.69%	9.67%	9.97%	8.79%	8.74%	9.70%	9.56%
Operating Margin	5.60%	6.11%	6.07%	6.60%	-7.25%	6.11%	6.21%	5.85%	5.65%	6.47%	6.15%
EBIT Margin	5.59%	6.12%	6.16%	6.62%	-7.00%	6.12%	6.93%	5.85%	5.78%	6.53%	6.19%
Profit (Net Income) Margin	3.02%	3.66%	4.34%	4.67%	-9.46%	3.95%	4.81%	3.87%	3.39%	3.60%	3.47%
Tax Burden Percent	62.00%	66.45%	77.68%	78.37%	113.54%	75.34%	74.70%	74.75%	72.30%	72.81%	71.57%
Interest Burden Percent	87.16%	89.92%	90.73%	90.13%	119.05%	85.68%	92.87%	88.51%	81.11%	75.69%	78.34%
Effective Tax Rate	38.00%	33.55%	22.32%	21.63%	0.00%	24.66%	25.30%	25.25%	27.70%	27.19%	28.43%
Return on Invested Capital (ROIC)	10.81%	13.69%	16.21%	16.95%	-12.90%	14.05%	14.60%	10.15%	8.63%	9.69%	8.78%
ROIC Less NNEP Spread (ROIC-NNEP)	7.35%	10.31%	13.07%	12.93%	-36.21%	10.52%	15.90%	6.64%	4.89%	4.11%	3.69%
Return on Net Nonoperating Assets (RNNOA)	4.97%	6.86%	9.08%	8.93%	-33.17%	13.57%	11.16%	3.28%	3.15%	2.85%	2.12%
Return on Equity (ROE)	15.78%	20.55%	25.30%	25.88%	-46.06%	27.62%	25.77%	13.43%	11.77%	12.54%	10.90%
Cash Return on Invested Capital (CROIC)	14.38%	-4.89%	7.26%	-4.94%	-74.64%	86.83%	-73.33%	-5.76%	-21.69%	-3.85%	5.23%
Operating Return on Assets (OROA)	11.63%	13.24%	13.15%	13.78%	-11.37%	8.18%	9.56%	8.30%	7.83%	8.71%	8.03%
Return on Assets (ROA)	6.28%	7.91%	9.27%	9.73%	-15.37%	5.28%	6.64%	5.49%	4.59%	4.80%	4.50%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	44	60	82	100	-122	128	151	164	177	246	242
NOPAT Margin	3.47%	4.06%	4.72%	5.18%	-5.07%	4.60%	4.64%	4.37%	4.09%	4.71%	4.40%
Net Nonoperating Expense Percent (NNEP)	3.46%	3.38%	3.14%	4.02%	23.32%	3.53%	-1.29%	3.51%	3.74%	5.58%	5.09%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	7.91%	9.82%	9.68%
Cost of Revenue to Revenue	69.93%	70.81%	68.76%	68.35%	67.88%	67.52%	67.80%	68.50%	67.99%	67.07%	66.42%
SG&A Expenses to Revenue	22.09%	20.58%	22.27%	22.08%	22.69%	22.67%	22.58%	22.60%	22.91%	23.57%	23.84%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.47%	23.08%	25.17%	25.04%	39.37%	26.37%	25.99%	25.66%	26.36%	26.46%	27.43%
Earnings before Interest and Taxes (EBIT)	71	91	106	128	-168	170	225	219	251	341	340
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	100	128	149	181	-89	268	324	329	379	506	525
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	1.10	1.40	1.24	1.36	2.01	2.60	1.43	1.64	1.55	1.28
Price to Earnings (P/E)	0.00	48.59	46.95	36.26	0.00	63.96	62.55	44.28	70.99	60.19	48.54
Dividend Yield	0.78%	0.97%	0.73%	0.81%	0.66%	0.49%	0.38%	0.67%	0.56%	0.55%	0.71%
Earnings Yield	0.00%	2.06%	2.13%	2.76%	0.00%	1.56%	1.60%	2.26%	1.41%	1.66%	2.06%
Enterprise Value to Invested Capital (EV/IC)	0.00	4.40	5.60	4.65	3.64	10.66	6.70	4.08	4.01	3.99	3.51
Enterprise Value to Revenue (EV/Rev)	0.00	1.42	1.70	1.58	1.87	2.22	3.06	1.90	2.19	2.07	1.79
Enterprise Value to EBITDA (EV/EBITDA)	0.00	16.54	19.80	16.85	0.00	22.97	30.68	21.57	25.06	21.33	18.74
Enterprise Value to EBIT (EV/EBIT)	0.00	23.27	27.62	23.81	0.00	36.28	44.18	32.41	37.85	31.68	28.94
Enterprise Value to NOPAT (EV/NOPAT)	0.00	35.11	36.07	30.44	0.00	48.25	66.00	43.38	53.60	43.93	40.69
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	19.38	25.43	30.59	41.84	21.11	59.44	67.07	33.85	37.79	22.08
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	80.57	0.00	0.00	7.81	0.00	0.00	0.00	0.00	68.27
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.83	0.90	0.91	0.89	1.29	3.08	0.65	0.67	0.89	0.80	0.60
Long-Term Debt to Equity	0.81	0.88	0.86	0.85	1.27	2.76	0.58	0.61	0.84	0.77	0.57
Financial Leverage	0.68	0.66	0.69	0.69	0.92	1.29	0.70	0.49	0.64	0.69	0.58
Leverage Ratio	2.51	2.60	2.73	2.66	3.00	5.23	3.88	2.45	2.56	2.61	2.42
Compound Leverage Factor	2.19	2.34	2.48	2.40	3.57	4.48	3.61	2.17	2.08	1.98	1.90
Debt to Total Capital	45.40%	47.25%	47.66%	47.19%	56.27%	75.47%	39.32%	39.98%	47.21%	44.53%	37.62%
Short-Term Debt to Total Capital	1.39%	0.73%	2.60%	2.17%	0.86%	7.72%	3.87%	3.22%	2.67%	1.93%	1.81%
Long-Term Debt to Total Capital	44.01%	46.52%	45.06%	45.02%	55.41%	67.75%	35.46%	36.76%	44.54%	42.60%	35.81%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	54.60%	52.75%	52.34%	52.81%	43.73%	24.53%	60.68%	60.02%	52.79%	55.47%	62.38%
Common Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Debt to EBITDA	2.04	1.99	1.90	1.92	-8.70	2.21	2.04	2.31	3.21	2.60	2.14
Net Debt to EBITDA	1.55	1.54	1.45	1.48	-7.19	1.44	1.44	1.82	2.66	2.12	1.79
Long-Term Debt to EBITDA	1.98	1.96	1.80	1.83	-8.57	1.99	1.84	2.12	3.02	2.48	2.03
Debt to NOPAT	4.64	4.22	3.46	3.47	-6.33	4.65	4.38	4.64	6.85	5.35	4.64
Net Debt to NOPAT	3.51	3.27	2.64	2.67	-5.23	3.02	3.09	3.67	5.69	4.36	3.90
Long-Term Debt to NOPAT	4.49	4.15	3.27	3.31	-6.23	4.18	3.95	4.27	6.47	5.12	4.42
Altman Z-Score	0.00	4.52	5.30	4.87	2.59	3.34	5.16	3.78	3.50	3.61	3.46
Noncontrolling Interest Sharing Ratio	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.77	1.73	1.53	1.83	1.87	1.51	1.56	1.74	1.77	1.83	1.70
Quick Ratio	1.23	1.18	1.14	1.35	1.44	1.11	1.16	1.21	1.34	1.38	1.22
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	58	-22	37	-29	-707	789	-756	-93	-445	-98	144
Operating Cash Flow to CapEx	442.22%	374.30%	318.93%	245.00%	231.21%	740.24%	287.38%	136.44%	328.35%	253.26%	349.20%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.08	2.16	2.14	2.08	1.63	1.34	1.38	1.42	1.35	1.33	1.30
Accounts Receivable Turnover	11.01	10.65	9.88	9.07	7.60	6.82	6.70	6.31	5.86	5.83	5.88
Inventory Turnover	68.94	45.79	35.14	30.64	22.90	15.83	14.52	12.71	12.06	13.31	13.18
Fixed Asset Turnover	22.42	22.70	21.82	21.05	20.97	21.48	24.56	24.56	23.35	22.77	20.22
Accounts Payable Turnover	36.21	37.17	32.37	31.89	27.71	21.43	22.18	23.74	22.73	22.05	21.96
Days Sales Outstanding (DSO)	33.16	34.29	36.93	40.22	48.04	53.49	54.51	57.86	62.24	62.61	62.07
Days Inventory Outstanding (DIO)	5.29	7.97	10.39	11.91	15.94	23.06	25.13	28.72	30.25	27.43	27.68
Days Payable Outstanding (DPO)	10.08	9.82	11.28	11.45	13.17	17.04	16.46	15.37	16.06	16.56	16.62
Cash Conversion Cycle (CCC)	28.37	32.44	36.04	40.69	50.81	59.51	63.19	71.20	76.43	73.48	73.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	399	480	525	654	1,239	578	1,485	1,742	2,364	2,707	2,805
Invested Capital Turnover	3.11	3.37	3.44	3.27	2.54	3.05	3.15	2.32	2.11	2.06	1.99
Increase / (Decrease) in Invested Capital	-15	82	45	129	585	-661	907	257	622	343	98
Enterprise Value (EV)	0.00	2,113	2,941	3,043	4,511	6,159	9,942	7,103	9,490	10,796	9,846
Market Capitalization	0.00	1,632	2,416	2,388	3,271	5,581	8,457	5,361	7,126	8,088	7,041
Book Value per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Tangible Book Value per Share	($8.35)	($10.78)	($11.88)	($13.47)	($28.10)	($26.09)	($28.12)	($28.50)	($40.88)	($47.24)	($48.29)
Total Capital	448	537	592	734	1,373	787	1,679	1,901	2,571	2,951	2,985
Total Debt	203	254	282	347	773	594	660	760	1,214	1,314	1,123
Total Long-Term Debt	197	250	267	331	761	533	595	699	1,145	1,257	1,069
Net Debt	154	197	215	267	639	385	466	601	1,007	1,070	943
Capital Expenditures (CapEx)	20	29	36	41	47	39	58	78	85	113	128
Debt-free, Cash-free Net Working Capital (DFCFNWC)	57	76	61	124	187	127	217	374	452	522	496
Debt-free Net Working Capital (DFNWC)	106	133	128	204	322	336	411	533	659	765	676
Net Working Capital (NWC)	100	129	113	188	310	276	346	472	590	709	622
Net Nonoperating Expense (NNE)	5.66	5.93	6.48	9.69	106	18	-5.50	19	30	58	51
Net Nonoperating Obligations (NNO)	154	197	215	267	639	385	466	601	1,007	1,070	943
Total Depreciation and Amortization (D&A)	29	37	42	53	80	98	99	110	128	165	185
Debt-free, Cash-free Net Working Capital to Revenue	4.51%	5.11%	3.54%	6.43%	7.79%	4.59%	6.67%	9.98%	10.43%	10.00%	9.01%
Debt-free Net Working Capital to Revenue	8.41%	8.94%	7.41%	10.56%	13.36%	12.13%	12.65%	14.23%	15.20%	14.67%	12.29%
Net Working Capital to Revenue	7.92%	8.68%	6.52%	9.74%	12.87%	9.94%	10.66%	12.60%	13.62%	13.58%	11.31%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.59	$0.93	$1.48	$1.83	($6.58)	$2.04	$3.08	$2.74	$2.25	$2.98	$3.19
Adjusted Weighted Average Basic Shares Outstanding	35.94M	35.84M	35.92M	35.98M	41.50M	43.59M	44.01M	44.23M	44.68M	45.27M	45.72M
Adjusted Diluted Earnings per Share	$0.59	$0.92	$1.45	$1.80	($6.58)	$2.02	$3.05	$2.72	$2.24	$2.97	$3.17
Adjusted Weighted Average Diluted Shares Outstanding	35.94M	35.84M	35.92M	35.98M	41.50M	43.59M	44.01M	44.23M	44.68M	45.27M	45.72M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	35.94M	35.84M	35.92M	35.98M	41.50M	43.59M	44.01M	44.23M	44.68M	45.27M	45.72M
Normalized Net Operating Profit after Tax (NOPAT)	44	60	88	104	-117	131	160	167	193	235	251
Normalized NOPAT Margin	3.49%	4.06%	5.08%	5.36%	-4.85%	4.72%	4.91%	4.46%	4.44%	4.51%	4.56%
Pre Tax Income Margin	4.87%	5.50%	5.59%	5.96%	-8.33%	5.25%	6.43%	5.18%	4.69%	4.94%	4.85%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	77.85%	43.72%	39.21%	32.45%	-27.28%	48.15%	30.94%	44.65%	35.19%	42.18%	53.13%
Augmented Payout Ratio	128.81%	61.26%	61.98%	42.41%	-27.28%	48.15%	30.94%	44.65%	35.19%	42.18%	53.13%

No quarterly metrics and ratios for FirstService are available.

Financials Breakdown Chart

FirstService Financials - Frequently Asked Questions

According to the most recent income statement we have on file, FirstService's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

FirstService's net income appears to be on an upward trend, with a most recent value of $190.75 million in 2025, rising from $38.20 million in 2015. The previous period was $187.77 million in 2024. View FirstService's forecast to see where analysts expect FirstService to go next.

FirstService's total operating income in 2025 was $338.08 million, based on the following breakdown:

Total Gross Profit: $1.85 billion
Total Operating Expenses: $1.51 billion

Over the last 10 years, FirstService's total revenue changed from $1.26 billion in 2015 to $5.50 billion in 2025, a change of 334.9%.

FirstService's total liabilities were at $2.42 billion at the end of 2025, a 5.3% decrease from 2024, and a 580.4% increase since 2015.

In the past 10 years, FirstService's cash and equivalents has ranged from $43.38 million in 2016 to $227.60 million in 2024, and is currently $154.43 million as of their latest financial filing in 2025.

Over the last 10 years, FirstService's book value per share changed from 0.00 in 2015 to 0.00 in 2025, a change of 0.0%.

Related Companies

Financial statements for NASDAQ:FSV last updated on 2/22/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

FirstService (FSV) Financials

Financials Breakdown Chart

FirstService Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

FirstService (FSV) Financials

Annual Income Statements for FirstService

Quarterly Income Statements for FirstService

Annual Cash Flow Statements for FirstService

Quarterly Cash Flow Statements for FirstService

Annual Balance Sheets for FirstService

Quarterly Balance Sheets for FirstService

Annual Metrics And Ratios for FirstService

Quarterly Metrics And Ratios for FirstService

Financials Breakdown Chart

FirstService Financials - Frequently Asked Questions

When does FirstService's fiscal year end?

How has FirstService's net income changed over the last 10 years?

What is FirstService's operating income?

How has FirstService's revenue changed over the last 10 years?

How much debt does FirstService have?

How much cash does FirstService have?

How has FirstService's book value per share changed over the last 10 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools