First Advantage (FA) Financials

$17.36 -0.81 (-4.45%)

As of 03:51 PM Eastern

Annual Income Statements for First Advantage

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

Metric	2024	2023	2022	2021	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	-110	37	65	16	100
Consolidated Net Income / (Loss)	-110	37	65	16	100
Net Income / (Loss) Continuing Operations	-110	37	65	16	100
Total Pre-Tax Income	-115	48	85	25	41
Total Operating Income	-62	82	94	64	92
Total Gross Profit	860	764	810	712	482
Total Revenue	860	764	810	712	482
Operating Revenue	860	764	810	712	482
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	923	682	716	648	390
Selling, General & Admin Expense	264	117	117	108	85
Research & Development Expense	64	49	52	46	33
Depreciation Expense	146	129	138	143	26
Other Operating Expenses / (Income)	449	387	409	352	245
Total Other Income / (Expense), net	-52	-33	-9.20	-39	-52
Interest Expense	52	33	9.20	39	0.00
Other Income / (Expense), net	0.00	0.00	0.00	0.00	0.00
Income Tax Expense	-4.34	11	20	8.86	-6.90
Basic Earnings per Share	($0.74)	$0.26	$0.43	$0.11	$0.23
Weighted Average Basic Shares Outstanding	148.58M	144.08M	150.23M	140.48M	149.69M
Diluted Earnings per Share	($0.74)	$0.26	$0.43	$0.11	$0.21
Weighted Average Diluted Shares Outstanding	148.58M	146.23M	151.81M	141.69M	163.88M
Weighted Average Basic & Diluted Shares Outstanding	173.51M	145.16M	147.78M	152.94M	-
Cash Dividends to Common per Share	$1.50	$1.50	-	-	-

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-41	-100	-8.86	1.86	-2.91	15	11	9.78	1.93	20	17
Consolidated Net Income / (Loss)	-41	-100	-8.86	1.86	-2.91	15	11	9.78	1.93	20	17
Net Income / (Loss) Continuing Operations	-41	-100	-8.86	1.86	-2.91	15	11	9.78	1.93	20	17
Total Pre-Tax Income	-39	-105	-8.08	2.55	-4.30	16	16	14	2.61	24	24
Total Operating Income	7.62	-81	9.11	9.90	-0.73	29	23	18	11	29	26
Total Gross Profit	355	307	199	185	169	203	200	185	176	213	206
Total Revenue	355	307	199	185	169	203	200	185	176	213	206
Operating Revenue	355	307	199	185	169	203	200	185	176	213	206
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	347	388	190	175	170	173	177	168	164	184	180
Selling, General & Admin Expense	66	139	46	39	41	28	30	30	29	29	28
Research & Development Expense	27	25	13	14	12	11	13	13	13	12	13
Depreciation Expense	62	56	30	30	30	33	32	32	32	35	35
Other Operating Expenses / (Income)	193	168	101	92	87	101	101	93	91	108	104
Total Other Income / (Expense), net	-47	-24	-17	-7.35	-3.57	-13	-7.56	-3.89	-8.68	-5.20	-1.74
Interest Expense	47	24	17	7.35	3.57	13	7.56	3.89	8.68	5.20	1.74
Income Tax Expense	2.23	-4.43	0.78	0.69	-1.39	1.65	4.88	3.97	0.68	3.40	6.71
Basic Earnings per Share	($0.24)	($0.67)	($0.06)	$0.01	($0.02)	$0.10	$0.08	$0.07	$0.01	$0.14	$0.11
Weighted Average Basic Shares Outstanding	172.76M	148.58M	144.10M	143.86M	143.59M	144.08M	143.23M	144.11M	145.86M	150.23M	150.93M
Diluted Earnings per Share	($0.24)	($0.67)	($0.06)	$0.01	($0.02)	$0.11	$0.07	$0.07	$0.01	$0.14	$0.11
Weighted Average Diluted Shares Outstanding	172.76M	148.58M	144.10M	145.86M	143.59M	146.23M	144.73M	145.34M	147.03M	151.81M	152.36M
Weighted Average Basic & Diluted Shares Outstanding	173.67M	173.51M	172.65M	145.41M	145.20M	145.16M	145.12M	145.19M	146.26M	147.78M	151.93M

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

Metric	2024	2023	2022	2021	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2019
Net Change in Cash & Equivalents	-44	-178	99	25	50
Net Cash From Operating Activities	28	163	213	149	72
Net Cash From Continuing Operating Activities	28	163	213	149	72
Net Income / (Loss) Continuing Operations	-110	37	65	16	34
Consolidated Net Income / (Loss)	-110	37	65	16	34
Depreciation Expense	146	129	138	143	26
Amortization Expense	2.62	1.81	1.80	5.94	3.17
Non-Cash Adjustments To Reconcile Net Income	21	16	-3.91	21	1.17
Changes in Operating Assets and Liabilities, net	-31	-21	12	-37	7.04
Net Cash From Investing Activities	-1,652	-67	-49	-72	-18
Net Cash From Continuing Investing Activities	-1,652	-67	-49	-72	-18
Purchase of Property, Plant & Equipment	-32	-28	-29	-24	-17
Acquisitions	-1,620	-41	-19	-49	0.00
Other Investing Activities, net	0.09	1.97	-1.02	0.31	-
Net Cash From Financing Activities	1,581	-274	-59	64	-3.18
Net Cash From Continuing Financing Activities	1,595	-273	-59	-51	-3.18
Repayment of Debt	-97	0.00	0.00	-365	-3.18
Repurchase of Common Equity	0.00	-59	-61	-4.03	0.00
Payment of Dividends	-0.26	-218	0.00	0.00	0.00
Issuance of Debt	1,679	0.00	0.00	-	0.00
Issuance of Common Equity	15	4.57	3.52	321	0.00
Other Financing Activities, net	-0.71	-1.04	-1.77	-2.76	0.00
Effect of Exchange Rate Changes	-1.70	-0.30	-6.01	-	-0.13
Cash Interest Paid	66	46	27	23	56
Cash Income Taxes Paid	23	32	17	10	5.25

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	2.40	-138	38	24	32	49	-234	-1.11	8.50	1.40	38
Net Cash From Operating Activities	19	-86	43	32	38	57	34	33	39	70	46
Net Cash From Continuing Operating Activities	19	-86	43	32	38	57	34	33	39	70	46
Net Income / (Loss) Continuing Operations	-41	-100	-8.86	1.86	-2.91	15	11	9.78	1.93	20	17
Consolidated Net Income / (Loss)	-41	-100	-8.86	1.86	-2.91	15	11	9.78	1.93	20	17
Depreciation Expense	62	56	30	30	30	33	32	32	32	35	35
Amortization Expense	1.61	1.23	0.47	0.46	0.45	0.45	0.44	0.47	0.46	0.46	0.45
Non-Cash Adjustments To Reconcile Net Income	11	3.24	17	2.71	-2.73	6.57	2.77	1.23	5.00	1.53	-1.19
Changes in Operating Assets and Liabilities, net	-14	-46	4.29	-2.97	14	1.79	-12	-10	-0.65	13	-4.82
Net Cash From Investing Activities	-11	-1,630	-7.90	-6.78	-7.03	-4.92	-49	-7.24	-6.08	-8.07	-6.16
Net Cash From Continuing Investing Activities	-11	-1,630	-7.90	-6.78	-7.03	-4.92	-49	-7.24	-6.08	-8.07	-6.16
Purchase of Property, Plant & Equipment	-11	-10	-7.91	-7.41	-6.46	-7.12	-7.46	-7.02	-6.10	-6.17	-6.95
Acquisitions	0.00	-1,620	-	-	-	-	-	-	-	-0.01	-
Other Investing Activities, net	0.04	0.06	-0.02	0.63	-0.58	2.21	-0.04	-0.21	0.02	-1.89	0.79
Net Cash From Financing Activities	-5.99	1,580	0.94	-0.48	0.69	-2.99	-220	-27	-24	-58	-1.01
Net Cash From Continuing Financing Activities	-5.99	1,594	0.63	-0.21	0.73	-2.90	-220	-27	-24	-58	-0.82
Repayment of Debt	-5.46	-	-	-	-	-	-	-	-	-	-
Payment of Dividends	-0.01	-0.04	-0.01	-0.19	-0.01	-0.06	-218	-	0.00	-	-
Issuance of Common Equity	1.69	8.79	4.67	0.22	0.98	0.48	1.99	0.71	1.40	0.43	1.82
Other Financing Activities, net	-2.21	3.79	-4.03	-0.24	-0.23	-0.24	-0.26	-0.27	-0.27	-0.39	-0.39
Cash Interest Paid	42	30	12	12	12	12	12	11	11	9.40	7.45
Cash Income Taxes Paid	3.00	4.22	2.01	15	2.51	11	7.21	12	2.05	6.15	5.14

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

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	3,923	1,631	1,886	1,887	1,764
Total Current Assets	476	374	566	466	278
Cash & Equivalents	169	214	392	293	153
Restricted Cash	0.80	0.14	0.14	0.15	0.15
Accounts Receivable	267	143	144	156	111
Prepaid Expenses	31	13	25	14	8.70
Current Deferred & Refundable Income Taxes	8.67	3.71	3.23	2.29	3.48
Plant, Property, & Equipment, net	308	79	114	154	190
Total Noncurrent Assets	3,139	1,177	1,206	1,266	1,296
Goodwill	2,125	821	793	794	770
Intangible Assets	988	344	71	464	523
Noncurrent Deferred & Refundable Income Taxes	5.68	2.79	2.42	1.41	0.81
Other Noncurrent Operating Assets	21	10	339	6.46	1.37
Total Liabilities & Shareholders' Equity	3,923	1,631	1,886	1,887	1,764
Total Liabilities	2,616	724	759	754	969
Total Current Liabilities	251	85	101	109	98
Short-Term Debt	22	0.00	-	0.00	6.70
Accounts Payable	121	47	55	54	44
Accrued Expenses	45	16	16	22	25
Current Deferred Revenue	4.27	1.86	1.06	0.87	0.43
Current Deferred & Payable Income Tax Liabilities	1.94	0.26	0.72	2.57	2.45
Current Employee Benefit Liabilities	53	16	23	30	19
Other Current Liabilities	4.25	3.35	4.96	0.00	-
Total Noncurrent Liabilities	2,365	639	658	645	872
Long-Term Debt	2,121	558	557	555	779
Noncurrent Deferred & Payable Income Tax Liabilities	223	71	91	85	87
Other Noncurrent Operating Liabilities	21	9.15	11	5.54	6.21
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,307	907	1,127	1,132	794
Total Preferred & Common Equity	1,307	907	1,127	1,132	794
Total Common Equity	1,307	907	1,127	1,132	794
Common Stock	1,504	977	1,176	1,165	839
Retained Earnings	-160	-50	-27	-31	-47
Accumulated Other Comprehensive Income / (Loss)	-37	-21	-22	-1.64	2.48

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

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	3,872	1,657	1,636	1,632	1,629	1,838	1,848	1,922
Total Current Assets	472	467	427	400	349	572	555	571
Cash & Equivalents	172	307	270	245	165	399	400	390
Restricted Cash	0.80	0.09	0.09	0.14	0.13	0.14	0.14	0.14
Accounts Receivable	266	143	131	129	157	140	128	151
Prepaid Expenses	29	14	20	22	19	21	23	27
Current Deferred & Refundable Income Taxes	3.93	2.81	7.10	2.57	5.89	8.96	2.48	2.56
Plant, Property, & Equipment, net	292	55	63	71	90	93	103	126
Total Noncurrent Assets	3,108	1,135	1,145	1,161	1,190	1,173	1,189	1,225
Goodwill	2,128	822	819	820	821	794	793	792
Intangible Assets	955	302	315	329	357	367	382	413
Noncurrent Deferred & Refundable Income Taxes	5.17	3.17	2.87	2.80	3.19	2.47	2.41	1.74
Other Noncurrent Operating Assets	20	7.60	8.27	9.20	9.05	10	11	18
Total Liabilities & Shareholders' Equity	3,872	1,657	1,636	1,632	1,629	1,838	1,848	1,922
Total Liabilities	2,593	736	723	724	741	744	740	762
Total Current Liabilities	241	121	99	93	95	90	85	102
Short-Term Debt	22	-	-	-	-	-	-	-
Accounts Payable	116	71	55	48	56	52	47	52
Accrued Expenses	45	23	21	24	17	16	17	18
Current Deferred Revenue	4.77	2.50	2.23	2.04	1.16	1.31	1.26	0.85
Current Deferred & Payable Income Tax Liabilities	4.37	3.53	0.33	2.99	0.48	0.38	0.81	1.66
Current Employee Benefit Liabilities	45	19	17	13	16	15	13	23
Other Current Liabilities	3.86	2.57	2.98	3.37	4.73	5.59	5.64	5.50
Total Noncurrent Liabilities	2,352	615	624	631	647	654	655	660
Long-Term Debt	2,117	560	559	559	558	558	557	556
Noncurrent Deferred & Payable Income Tax Liabilities	215	48	57	64	82	88	88	91
Other Noncurrent Operating Liabilities	20	7.04	7.66	8.46	6.44	8.74	9.84	13
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,279	921	913	908	888	1,094	1,107	1,160
Total Preferred & Common Equity	1,279	921	913	908	888	1,094	1,107	1,160
Total Common Equity	1,279	921	913	908	888	1,094	1,107	1,160
Common Stock	1,512	999	988	983	972	1,184	1,180	1,174
Retained Earnings	-201	-59	-51	-52	-61	-69	-51	11
Accumulated Other Comprehensive Income / (Loss)	-32	-19	-24	-23	-23	-21	-21	-25

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

Metric	2024	2023	2022	2021	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2019
Growth Metrics	-	-	-	-	-
Revenue Growth	12.63%	-5.71%	13.72%	0.00%	0.00%
EBITDA Growth	-59.51%	-9.19%	10.23%	0.00%	0.00%
EBIT Growth	-176.53%	-13.54%	47.72%	0.00%	0.00%
NOPAT Growth	-169.64%	-12.40%	74.10%	0.00%	0.00%
Net Income Growth	-395.69%	-42.27%	302.49%	0.00%	0.00%
EPS Growth	-384.62%	-39.53%	290.91%	0.00%	0.00%
Operating Cash Flow Growth	-82.68%	-23.48%	43.11%	0.00%	0.00%
Free Cash Flow Firm Growth	-2,153.60%	-42.46%	0.00%	0.00%	0.00%
Invested Capital Growth	162.19%	-2.97%	-7.45%	0.00%	0.00%
Revenue Q/Q Growth	13.84%	-1.30%	0.01%	0.00%	0.00%
EBITDA Q/Q Growth	-50.09%	-0.61%	0.94%	0.00%	0.00%
EBIT Q/Q Growth	-230.86%	0.79%	3.77%	0.00%	0.00%
NOPAT Q/Q Growth	-224.02%	1.06%	10.28%	0.00%	0.00%
Net Income Q/Q Growth	-2,347.72%	-12.51%	7.96%	0.00%	0.00%
EPS Q/Q Growth	-1,950.00%	-10.34%	4.88%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-83.47%	-7.49%	2.46%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-1,570.57%	-7.38%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	179.67%	-2.16%	-2.74%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	10.02%	27.86%	28.93%	29.84%	25.18%
Operating Margin	-7.25%	10.67%	11.64%	8.96%	19.13%
EBIT Margin	-7.25%	10.67%	11.64%	8.96%	19.13%
Profit (Net Income) Margin	-12.82%	4.88%	7.98%	2.25%	20.76%
Tax Burden Percent	96.21%	76.93%	75.93%	64.43%	243.05%
Interest Burden Percent	183.73%	59.47%	90.24%	39.03%	44.65%
Effective Tax Rate	0.00%	23.07%	24.07%	35.57%	-16.76%
Return on Invested Capital (ROIC)	-1.93%	4.94%	5.34%	2.95%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-7.67%	-5.08%	2.04%	-6.65%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-8.04%	-1.27%	0.38%	-1.53%	0.00%
Return on Equity (ROE)	-9.96%	3.67%	5.72%	1.42%	0.00%
Cash Return on Invested Capital (CROIC)	-91.49%	7.95%	13.08%	0.00%	0.00%
Operating Return on Assets (OROA)	-2.25%	4.64%	5.00%	3.50%	0.00%
Return on Assets (ROA)	-3.97%	2.12%	3.43%	0.88%	0.00%
Return on Common Equity (ROCE)	-9.96%	3.67%	5.72%	1.42%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-8.44%	4.11%	5.73%	1.42%	0.00%
Net Operating Profit after Tax (NOPAT)	-44	63	72	41	108
NOPAT Margin	-5.08%	8.21%	8.84%	5.77%	22.34%
Net Nonoperating Expense Percent (NNEP)	5.75%	10.02%	3.29%	9.60%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-1.27%	4.28%	4.25%	-	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	30.68%	15.28%	14.40%	15.16%	17.66%
R&D to Revenue	7.42%	6.45%	6.41%	6.39%	6.90%
Operating Expenses to Revenue	107.25%	89.33%	88.36%	91.04%	80.87%
Earnings before Interest and Taxes (EBIT)	-62	82	94	64	92
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	86	213	234	213	121
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	2.47	2.65	1.58	2.32	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	6.78	0.00	0.00
Price to Revenue (P/Rev)	3.76	3.15	2.20	3.68	0.79
Price to Earnings (P/E)	0.00	64.48	27.53	163.32	3.82
Dividend Yield	0.00%	9.05%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	1.55%	3.63%	0.61%	26.15%
Enterprise Value to Invested Capital (EV/IC)	1.59	2.20	1.51	2.07	0.00
Enterprise Value to Revenue (EV/Rev)	6.05	3.60	2.40	4.05	0.00
Enterprise Value to EBITDA (EV/EBITDA)	60.44	12.92	8.29	13.56	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	33.73	20.59	45.16	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	43.84	27.12	70.10	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	184.69	16.88	9.13	19.39	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	27.23	11.07	0.00	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	1.64	0.62	0.49	0.49	0.00
Long-Term Debt to Equity	1.62	0.62	0.49	0.49	0.00
Financial Leverage	1.05	0.25	0.19	0.23	0.00
Leverage Ratio	2.51	1.73	1.67	1.89	0.00
Compound Leverage Factor	4.61	1.03	1.51	0.74	0.00
Debt to Total Capital	62.12%	38.11%	33.07%	32.89%	0.00%
Short-Term Debt to Total Capital	0.63%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	61.48%	38.11%	33.07%	32.89%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	37.88%	61.89%	66.93%	67.11%	0.00%
Debt to EBITDA	24.88	2.62	2.38	2.61	0.00
Net Debt to EBITDA	22.91	1.62	0.70	1.23	0.00
Long-Term Debt to EBITDA	24.62	2.62	2.38	2.61	0.00
Debt to NOPAT	-49.08	8.91	7.78	13.49	0.00
Net Debt to NOPAT	-45.20	5.49	2.28	6.35	0.00
Long-Term Debt to NOPAT	-48.58	8.91	7.78	13.49	0.00
Altman Z-Score	0.92	2.80	2.28	2.78	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-
Current Ratio	1.90	4.39	5.62	4.26	0.00
Quick Ratio	1.74	4.19	5.33	4.11	0.00
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2,073	101	175	0.00	0.00
Operating Cash Flow to CapEx	87.39%	587.82%	745.83%	624.75%	429.44%
Free Cash Flow to Firm to Interest Expense	-39.69	3.06	19.07	0.00	0.00
Operating Cash Flow to Interest Expense	0.54	4.93	23.13	3.82	0.00
Operating Cash Flow Less CapEx to Interest Expense	-0.08	4.09	20.03	3.21	0.00
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.31	0.43	0.43	0.39	0.00
Accounts Receivable Turnover	4.20	5.33	5.41	5.33	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	4.45	7.92	6.05	4.13	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	86.88	68.46	67.50	68.44	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	86.88	68.46	67.50	68.44	0.00
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	3,281	1,251	1,290	1,393	0.00
Invested Capital Turnover	0.38	0.60	0.60	0.51	0.00
Increase / (Decrease) in Invested Capital	2,029	-38	-104	0.00	0.00
Enterprise Value (EV)	5,207	2,749	1,942	2,883	0.00
Market Capitalization	3,234	2,405	1,779	2,621	383
Book Value per Share	$7.57	$6.25	$7.42	$7.41	$0.00
Tangible Book Value per Share	($10.46)	($1.78)	$1.73	($0.82)	$0.00
Total Capital	3,450	1,465	1,683	1,687	0.00
Total Debt	2,143	558	557	555	0.00
Total Long-Term Debt	2,121	558	557	555	0.00
Net Debt	1,974	345	163	261	0.00
Capital Expenditures (CapEx)	32	28	29	24	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	78	75	72	63	0.00
Debt-free Net Working Capital (DFNWC)	247	289	465	357	0.00
Net Working Capital (NWC)	225	289	465	357	0.00
Net Nonoperating Expense (NNE)	67	25	6.99	25	7.61
Net Nonoperating Obligations (NNO)	1,974	345	163	261	0.00
Total Depreciation and Amortization (D&A)	149	131	140	149	29
Debt-free, Cash-free Net Working Capital to Revenue	9.03%	9.79%	8.85%	8.86%	0.00%
Debt-free Net Working Capital to Revenue	28.73%	37.80%	57.46%	50.10%	0.00%
Net Working Capital to Revenue	26.19%	37.80%	57.46%	50.10%	0.00%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.74)	$0.26	$0.43	$0.11	$0.00
Adjusted Weighted Average Basic Shares Outstanding	148.58M	144.08M	150.23M	140.48M	0.00
Adjusted Diluted Earnings per Share	($0.74)	$0.26	$0.43	$0.11	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	148.58M	146.23M	151.81M	141.69M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	173.51M	145.16M	147.78M	152.94M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-44	63	72	41	65
Normalized NOPAT Margin	-5.08%	8.21%	8.84%	5.77%	13.39%
Pre Tax Income Margin	-13.32%	6.35%	10.50%	3.50%	8.54%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	-1.19	2.47	10.25	1.64	0.00
NOPAT to Interest Expense	-0.84	1.90	7.78	1.06	0.00
EBIT Less CapEx to Interest Expense	-1.81	1.63	7.15	1.03	0.00
NOPAT Less CapEx to Interest Expense	-1.45	1.06	4.68	0.45	0.00
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	-0.23%	583.86%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.23%	742.04%	93.69%	25.13%	0.00%

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	109.30%	51.62%	-0.62%	-0.42%	-3.48%	-4.72%	-2.73%	-8.06%	-7.56%	0.03%	6.80%
EBITDA Growth	139.91%	-137.31%	-29.09%	-19.57%	-32.25%	-2.03%	-7.87%	-12.97%	-15.44%	3.51%	0.36%
EBIT Growth	1,149.17%	-374.58%	-60.74%	-43.85%	-106.43%	2.22%	-9.54%	-22.58%	-33.99%	13.52%	5.21%
NOPAT Growth	1,149.17%	-313.65%	-60.07%	-42.40%	-106.10%	7.48%	-13.47%	-23.90%	-32.74%	40.30%	-8.51%
Net Income Growth	-1,316.58%	-777.55%	-182.24%	-80.98%	-251.06%	-26.47%	-37.40%	-31.29%	-85.21%	30.95%	5.67%
EPS Growth	-1,100.00%	-709.09%	-185.71%	-85.71%	-300.00%	-21.43%	-36.36%	-22.22%	-88.89%	16.67%	0.00%
Operating Cash Flow Growth	-49.20%	-250.98%	26.58%	-3.26%	-0.70%	-18.86%	-26.00%	-39.59%	-7.18%	7.89%	67.24%
Free Cash Flow Firm Growth	-5,001.80%	-3,325.46%	78.25%	-53.06%	-70.30%	-49.65%	-25.69%	101.56%	110.05%	0.00%	106.17%
Invested Capital Growth	165.90%	162.19%	-8.27%	-3.78%	-3.30%	-2.97%	-3.54%	-7.65%	-9.36%	-7.45%	-4.76%
Revenue Q/Q Growth	15.45%	54.24%	7.90%	8.93%	-16.36%	1.10%	8.12%	5.58%	-17.44%	3.21%	2.20%
EBITDA Q/Q Growth	401.77%	-159.09%	-1.46%	36.53%	-53.07%	12.29%	11.77%	15.01%	-32.13%	5.60%	5.59%
EBIT Q/Q Growth	109.44%	-985.26%	-7.98%	1,464.05%	-102.47%	26.58%	31.60%	56.26%	-60.73%	12.02%	12.63%
NOPAT Q/Q Growth	109.44%	-985.26%	-11.74%	1,522.13%	-101.92%	65.47%	27.31%	50.49%	-66.10%	33.22%	11.96%
Net Income Q/Q Growth	58.96%	-1,032.80%	-576.09%	164.00%	-119.63%	37.50%	10.13%	408.16%	-90.44%	17.07%	20.88%
EPS Q/Q Growth	64.18%	-1,016.67%	-700.00%	150.00%	-118.18%	57.14%	0.00%	600.00%	-92.86%	27.27%	22.22%
Operating Cash Flow Q/Q Growth	122.73%	-296.98%	35.72%	-16.40%	-32.45%	65.14%	3.73%	-14.19%	-44.80%	50.61%	-15.32%
Free Cash Flow Firm Q/Q Growth	3.19%	-1,960.09%	105.62%	32.38%	-36.29%	2.80%	-45.85%	-16.26%	8.02%	51.69%	46.88%
Invested Capital Q/Q Growth	-1.08%	179.67%	-2.49%	-1.43%	-2.46%	-2.16%	2.28%	-0.94%	-2.12%	-2.74%	-2.08%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	19.99%	-7.65%	19.96%	21.86%	17.44%	31.08%	27.98%	27.07%	24.85%	30.23%	29.54%
Operating Margin	2.15%	-26.27%	4.58%	5.37%	-0.43%	14.50%	11.58%	9.52%	6.43%	13.52%	12.46%
EBIT Margin	2.15%	-26.27%	4.58%	5.37%	-0.43%	14.50%	11.58%	9.52%	6.43%	13.52%	12.46%
Profit (Net Income) Margin	-11.62%	-32.68%	-4.45%	1.01%	-1.72%	7.31%	5.38%	5.28%	1.10%	9.48%	8.35%
Tax Burden Percent	105.73%	95.78%	109.68%	72.98%	67.69%	89.96%	68.82%	71.14%	73.87%	85.56%	71.95%
Interest Burden Percent	-511.53%	129.89%	-88.64%	25.75%	591.74%	56.04%	67.44%	77.96%	23.09%	81.92%	93.22%
Effective Tax Rate	0.00%	0.00%	0.00%	27.02%	0.00%	10.04%	31.18%	28.86%	26.13%	14.44%	28.05%
Return on Invested Capital (ROIC)	0.70%	-6.98%	1.97%	2.42%	-0.18%	7.84%	4.74%	4.05%	2.85%	6.99%	5.34%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.38%	-10.77%	-2.76%	0.01%	-1.21%	3.27%	2.87%	2.51%	-0.35%	4.89%	4.78%
Return on Net Nonoperating Assets (RNNOA)	-3.52%	-11.27%	-0.98%	0.00%	-0.28%	0.81%	0.78%	0.40%	-0.06%	0.92%	0.93%
Return on Equity (ROE)	-2.82%	-18.26%	0.99%	2.42%	-0.46%	8.66%	5.52%	4.45%	2.79%	7.90%	6.27%
Cash Return on Invested Capital (CROIC)	-92.37%	-91.49%	11.50%	7.92%	7.73%	7.95%	8.37%	12.88%	14.94%	13.08%	0.00%
Operating Return on Assets (OROA)	0.82%	-8.14%	2.10%	2.34%	-0.19%	6.30%	5.05%	3.96%	2.73%	5.81%	5.34%
Return on Assets (ROA)	-4.41%	-10.12%	-2.05%	0.44%	-0.75%	3.18%	2.34%	2.19%	0.47%	4.07%	3.58%
Return on Common Equity (ROCE)	-2.82%	-18.26%	0.99%	2.42%	-0.46%	8.66%	5.52%	4.45%	2.79%	7.90%	6.27%
Return on Equity Simple (ROE_SIMPLE)	-11.62%	0.00%	0.53%	2.69%	3.58%	0.00%	4.80%	4.48%	4.83%	0.00%	5.16%
Net Operating Profit after Tax (NOPAT)	5.33	-56	6.38	7.23	-0.51	26	16	13	8.34	25	18
NOPAT Margin	1.50%	-18.39%	3.20%	3.92%	-0.30%	13.05%	7.97%	6.77%	4.75%	11.57%	8.96%
Net Nonoperating Expense Percent (NNEP)	4.08%	3.79%	4.74%	2.41%	1.03%	4.58%	1.87%	1.54%	3.20%	2.10%	0.56%
Return On Investment Capital (ROIC_SIMPLE)	0.16%	-1.64%	-	-	-	1.80%	-	-	-	1.46%	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	18.50%	45.13%	23.13%	20.94%	24.00%	13.75%	15.08%	16.18%	16.34%	13.61%	13.61%
R&D to Revenue	7.66%	8.06%	6.48%	7.41%	7.36%	5.38%	6.54%	6.82%	7.19%	5.63%	6.43%
Operating Expenses to Revenue	97.85%	126.27%	95.42%	94.63%	100.43%	85.50%	88.42%	90.48%	93.57%	86.48%	87.54%
Earnings before Interest and Taxes (EBIT)	7.62	-81	9.11	9.90	-0.73	29	23	18	11	29	26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	71	-23	40	40	30	63	56	50	44	64	61
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.91	2.47	3.13	2.55	2.59	2.65	2.25	1.86	1.68	1.58	1.53
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	6.78	0.00
Price to Revenue (P/Rev)	2.34	3.76	3.82	3.08	3.11	3.15	2.59	2.60	2.34	2.20	2.19
Price to Earnings (P/E)	0.00	0.00	588.33	95.09	72.54	64.48	46.97	41.37	34.72	27.53	29.59
Dividend Yield	0.00%	0.00%	0.00%	9.33%	9.25%	9.05%	10.88%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.17%	1.05%	1.38%	1.55%	2.13%	2.42%	2.88%	3.63%	3.38%
Enterprise Value to Invested Capital (EV/IC)	1.36	1.59	2.68	2.18	2.19	2.20	1.87	1.75	1.59	1.51	1.46
Enterprise Value to Revenue (EV/Rev)	4.22	6.05	4.15	3.47	3.52	3.60	3.09	2.80	2.53	2.40	2.39
Enterprise Value to EBITDA (EV/EBITDA)	34.60	60.44	18.18	13.88	13.42	12.92	11.18	9.99	8.89	8.29	8.34
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	65.84	42.47	38.38	33.73	29.59	26.24	22.75	20.59	21.31
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	89.14	52.56	49.15	43.84	38.56	34.13	29.65	27.12	29.83
Enterprise Value to Operating Cash Flow (EV/OCF)	472.40	184.69	18.40	16.24	16.41	16.88	13.60	11.62	9.59	9.13	9.32
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	22.26	26.98	27.79	27.23	21.96	13.04	10.15	11.07	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.67	1.64	0.61	0.61	0.62	0.62	0.63	0.51	0.50	0.49	0.48
Long-Term Debt to Equity	1.66	1.62	0.61	0.61	0.62	0.62	0.63	0.51	0.50	0.49	0.48
Financial Leverage	1.04	1.05	0.36	0.22	0.23	0.25	0.27	0.16	0.18	0.19	0.20
Leverage Ratio	2.52	2.51	1.82	1.73	1.73	1.73	1.73	1.67	1.66	1.67	1.66
Compound Leverage Factor	-12.88	3.26	-1.61	0.45	10.22	0.97	1.17	1.30	0.38	1.37	1.55
Debt to Total Capital	62.59%	62.12%	37.81%	37.98%	38.11%	38.11%	38.59%	33.76%	33.47%	33.07%	32.41%
Short-Term Debt to Total Capital	0.64%	0.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	61.95%	61.48%	37.81%	37.98%	38.11%	38.11%	38.59%	33.76%	33.47%	33.07%	32.41%
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	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	37.41%	37.88%	62.19%	62.02%	61.89%	61.89%	61.41%	66.24%	66.53%	66.93%	67.59%
Debt to EBITDA	16.78	24.88	3.24	2.96	2.81	2.62	2.61	2.55	2.46	2.38	2.40
Net Debt to EBITDA	15.42	22.91	1.46	1.53	1.57	1.62	1.83	0.71	0.68	0.70	0.71
Long-Term Debt to EBITDA	16.61	24.62	3.24	2.96	2.81	2.62	2.61	2.55	2.46	2.38	2.40
Debt to NOPAT	-56.55	-49.08	15.90	11.21	10.30	8.91	8.99	8.70	8.21	7.78	8.57
Net Debt to NOPAT	-51.98	-45.20	7.17	5.81	5.76	5.49	6.30	2.44	2.28	2.28	2.55
Long-Term Debt to NOPAT	-55.97	-48.58	15.90	11.21	10.30	8.91	8.99	8.70	8.21	7.78	8.57
Altman Z-Score	0.84	0.91	3.03	2.62	2.59	2.69	2.28	2.35	2.22	2.16	2.16
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.96	1.90	3.85	4.31	4.29	4.39	3.69	6.35	6.54	5.62	5.62
Quick Ratio	1.82	1.74	3.71	4.04	4.02	4.19	3.42	6.01	6.24	5.33	5.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2,019	-2,086	112	55	41	65	63	116	139	128	85
Operating Cash Flow to CapEx	175.21%	-816.26%	550.09%	432.55%	593.70%	796.91%	460.75%	471.57%	632.98%	1,132.62%	667.77%
Free Cash Flow to Firm to Interest Expense	-43.35	-86.49	6.52	7.42	11.54	5.01	8.32	29.89	15.98	24.71	48.66
Operating Cash Flow to Interest Expense	0.42	-3.55	2.53	4.36	10.74	4.39	4.55	8.52	4.45	13.46	26.68
Operating Cash Flow Less CapEx to Interest Expense	0.18	-3.99	2.07	3.35	8.93	3.84	3.56	6.71	3.74	12.27	22.69
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.38	0.31	0.46	0.44	0.44	0.43	0.44	0.42	0.42	0.43	0.43
Accounts Receivable Turnover	5.29	4.20	5.04	5.59	5.90	5.33	5.02	5.48	5.76	5.41	5.43
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	5.76	4.45	10.42	9.66	8.68	7.92	7.19	6.78	6.37	6.05	5.65
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	68.97	86.88	72.44	65.28	61.90	68.46	72.67	66.58	63.33	67.50	67.22
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	68.97	86.88	72.44	65.28	61.90	68.46	72.67	66.58	63.33	67.50	67.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,245	3,281	1,173	1,203	1,220	1,251	1,279	1,250	1,262	1,290	1,326
Invested Capital Turnover	0.47	0.38	0.62	0.62	0.61	0.60	0.59	0.60	0.60	0.60	0.60
Increase / (Decrease) in Invested Capital	2,025	2,029	-106	-47	-42	-38	-47	-104	-130	-104	-66
Enterprise Value (EV)	4,411	5,207	3,139	2,623	2,667	2,749	2,393	2,186	2,013	1,942	1,936
Market Capitalization	2,445	3,234	2,886	2,333	2,355	2,405	2,002	2,030	1,858	1,779	1,771
Book Value per Share	$7.37	$7.57	$6.33	$6.29	$6.25	$6.25	$6.12	$7.48	$7.49	$7.42	$7.57
Tangible Book Value per Share	($10.40)	($10.46)	($1.40)	($1.52)	($1.66)	($1.78)	($2.00)	($0.45)	($0.46)	$1.73	($0.29)
Total Capital	3,418	3,450	1,481	1,473	1,467	1,465	1,446	1,652	1,664	1,683	1,716
Total Debt	2,139	2,143	560	559	559	558	558	558	557	557	556
Total Long-Term Debt	2,117	2,121	560	559	559	558	558	558	557	557	556
Net Debt	1,966	1,974	252	290	313	345	391	156	155	163	166
Capital Expenditures (CapEx)	11	10	7.91	7.41	6.46	7.12	7.46	7.02	6.10	6.17	6.95
Debt-free, Cash-free Net Working Capital (DFCFNWC)	80	78	38	58	60	75	87	80	68	72	79
Debt-free Net Working Capital (DFNWC)	253	247	346	328	306	289	255	482	471	465	470
Net Working Capital (NWC)	231	225	346	328	306	289	255	482	471	465	470
Net Nonoperating Expense (NNE)	47	44	15	5.37	2.40	12	5.20	2.77	6.41	4.45	1.25
Net Nonoperating Obligations (NNO)	1,966	1,974	252	290	313	345	391	156	155	163	166
Total Depreciation and Amortization (D&A)	63	57	31	30	30	34	33	33	32	36	35
Debt-free, Cash-free Net Working Capital to Revenue	7.64%	9.03%	5.05%	7.73%	7.94%	9.79%	11.29%	10.30%	8.58%	8.85%	9.81%
Debt-free Net Working Capital to Revenue	24.17%	28.73%	45.74%	43.35%	40.43%	37.80%	32.89%	61.79%	59.13%	57.46%	58.01%
Net Working Capital to Revenue	22.08%	26.19%	45.74%	43.35%	40.43%	37.80%	32.89%	61.79%	59.13%	57.46%	58.01%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.24)	($0.67)	($0.06)	$0.01	($0.02)	$0.10	$0.08	$0.07	$0.01	$0.14	$0.11
Adjusted Weighted Average Basic Shares Outstanding	172.76M	148.58M	144.10M	143.86M	143.59M	144.08M	143.23M	144.11M	145.86M	150.23M	150.93M
Adjusted Diluted Earnings per Share	($0.24)	($0.67)	($0.06)	$0.01	($0.02)	$0.11	$0.07	$0.07	$0.01	$0.14	$0.11
Adjusted Weighted Average Diluted Shares Outstanding	172.76M	148.58M	144.10M	145.86M	143.59M	146.23M	144.73M	145.34M	147.03M	151.81M	152.36M
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	173.67M	173.51M	172.65M	145.41M	145.20M	145.16M	145.12M	145.19M	146.26M	147.78M	151.93M
Normalized Net Operating Profit after Tax (NOPAT)	5.33	-56	6.38	7.23	-0.51	26	16	13	8.34	25	18
Normalized NOPAT Margin	1.50%	-18.39%	3.20%	3.92%	-0.30%	13.05%	7.97%	6.77%	4.75%	11.57%	8.96%
Pre Tax Income Margin	-10.99%	-34.12%	-4.06%	1.38%	-2.54%	8.13%	7.81%	7.42%	1.48%	11.08%	11.61%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.16	-3.35	0.53	1.35	-0.20	2.28	3.07	4.54	1.30	5.53	14.75
NOPAT to Interest Expense	0.11	-2.34	0.37	0.98	-0.14	2.05	2.11	3.23	0.96	4.73	10.61
EBIT Less CapEx to Interest Expense	-0.08	-3.78	0.07	0.34	-2.01	1.72	2.08	2.73	0.60	4.34	10.75
NOPAT Less CapEx to Interest Expense	-0.12	-2.78	-0.09	-0.02	-1.95	1.50	1.13	1.42	0.26	3.54	6.61
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-0.17%	-0.23%	5.44%	888.15%	670.83%	583.86%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.17%	-0.23%	68.08%	915.27%	774.72%	742.04%	267.91%	230.04%	160.32%	93.69%	4.07%

Frequently Asked Questions About First Advantage's Financials

When does First Advantage's financial year end?

According to the most recent income statement we have on file, First Advantage's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has First Advantage's net income changed over the last 4 years?

First Advantage's net income appears to be on a downward trend, with a most recent value of -$110.27 million in 2024, falling from $100.01 million in 2019. The previous period was $37.29 million in 2023. See where experts think First Advantage is headed by visiting First Advantage's forecast page.

What is First Advantage's operating income?

First Advantage's total operating income in 2024 was -$62.38 million, based on the following breakdown:

Total Gross Profit: $860.21 million
Total Operating Expenses: $922.59 million

How has First Advantage revenue changed over the last 4 years?

Over the last 4 years, First Advantage's total revenue changed from $481.77 million in 2019 to $860.21 million in 2024, a change of 78.6%.

How much debt does First Advantage have?

First Advantage's total liabilities were at $2.62 billion at the end of 2024, a 261.3% increase from 2023, and a 169.8% increase since 2020.

How much cash does First Advantage have?

In the past 4 years, First Advantage's cash and equivalents has ranged from $152.82 million in 2020 to $391.66 million in 2022, and is currently $168.69 million as of their latest financial filing in 2024.

How has First Advantage's book value per share changed over the last 4 years?

Over the last 4 years, First Advantage's book value per share changed from 0.00 in 2019 to 7.57 in 2024, a change of 757.0%.

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This page (NYSE:FA) was last updated on 5/21/2025 by MarketBeat.com Staff

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First Advantage (FA) Financials

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