FirstService Corp (FSV)
FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment operates as a full-service property manager and provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, security, concierge and front desk personnel; proprietary banking and insurance products; and energy conservation and management solutions. This segment serves condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and other residential developments governed by common interest or multi-unit residential community associations. Its FirstService Brands segment offers property services to residential and commercial customers in North America through company-owned operations and franchise systems under the First Onsite Property Restoration, Paul Davis Restoration, Roofing Corp of America, Century Fire Protection, California Closets, CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors brands. This segment also provides light restoration services, including full-service water, fire and mold cleanup, construction rebuild, and restoration services; painting services; custom-designed and installed closet and home storage solutions; home inspection services; and floor covering design and installation services. FirstService Corporation was incorporated in 1988 and is headquartered in Toronto, Canada.
- Symbol
- FSV
- Exchange
- Nasdaq
- Sector
- Real Estate
- Industry
- Real Estate Services
- Market cap
- $5.92B
- 52 week range
- 119.41 - 198.16
Valuation
- Share price
- $129.57 (close of 2026-09-23)
- P/E (TTM)
- 40.62x
- Price to book
- 4.31x
- Price to free cash flow
- 18.62x
- Enterprise value
- $7.15B
- Book value per share
- $30.09
Price performance
| Period | Change |
|---|
| 1 day | -2.54% |
| 5 days | -1.39% |
| 1 month | -10.33% |
| 3 months | -2.29% |
| 6 months | -5.77% |
| Year to date | -16.69% |
| 1 year | -33.31% |
| 3 years | -13.80% |
| 5 years | -32.22% |
| 10 years | +167.43% |
| All time | +362.75% |
Profitability and growth
- Return on equity
- 13.86%
- Return on invested capital
- 10.07%
- Return on assets
- 4.45%
- Return on capital employed
- 9.94%
- Gross margin
- 29.99%
- Net margin
- 3.47%
- EBITDA margin
- 9.52%
- Revenue growth
- 5.38%
- Net income growth
- 1.58%
- Free cash flow growth
- 84.08%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 5.37%
- Current ratio
- 1.70x
- Net debt to EBITDA
- 2.34x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $5.50B
- Cost of revenue
- $3.85B
- Gross profit
- $1.65B
- EBITDA
- $523.29M
- Net income
- $190.75M
- Earnings per share
- $3.19
- Shares outstanding
- 45.53M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $5.50B | $1.65B | $190.75M | $3.19 |
| 2024-12-31 | $5.22B | $1.57B | $187.77M | $2.98 |
| 2023-12-31 | $4.33B | $1.24B | $147.02M | $2.25 |
| 2022-12-31 | $3.75B | $1.07B | $145.01M | $2.74 |
| 2021-12-31 | $3.25B | $935.24M | $156.13M | $3.08 |
| 2020-12-31 | $2.77B | $797.93M | $109.59M | $2.04 |
| 2019-12-31 | $2.41B | $371.84M | $-227.63M | $-6.58 |
| 2018-12-31 | $1.93B | $611.22M | $90.28M | $1.83 |
| 2017-12-31 | $1.71B | $516.64M | $53.08M | $1.43 |
| 2016-12-31 | $1.48B | $432.80M | $33.60M | $0.93 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 29.99% | 3.47% | 13.86% | 10.07% |
| 2024-12-31 | 30.04% | 3.60% | 15.81% | 10.58% |
| 2023-12-31 | 28.56% | 3.39% | 14.36% | 8.37% |
| 2022-12-31 | 28.44% | 3.87% | 15.98% | 9.87% |
| 2021-12-31 | 28.78% | 4.81% | 19.52% | 18.23% |
| 2020-12-31 | 28.78% | 3.95% | 16.59% | 20.51% |
| 2019-12-31 | 15.45% | -9.46% | -53.45% | -14.26% |
| 2018-12-31 | 31.65% | 4.67% | 38.22% | 16.78% |
| 2017-12-31 | 30.29% | 3.11% | 27.60% | 20.61% |
| 2016-12-31 | 29.19% | 2.27% | 19.57% | 16.66% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $154.43M | - |
| 2024-12-31 | $227.60M | - |
| 2023-12-31 | $187.62M | - |
| 2022-12-31 | $136.22M | - |
| 2021-12-31 | $165.66M | - |
| 2020-12-31 | $184.29M | - |
| 2019-12-31 | $121.20M | $766.62M |
| 2018-12-31 | $66.34M | $334.52M |
| 2017-12-31 | $57.19M | $269.63M |
| 2016-12-31 | $43.38M | $250.91M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $318.24M | $27.39M |
| 2024-12-31 | $172.88M | $25.31M |
| 2023-12-31 | $187.63M | $21.39M |
| 2022-12-31 | $28.28M | - |
| 2021-12-31 | $109.06M | - |
| 2020-12-31 | $252.35M | - |
| 2019-12-31 | $61.18M | $251.50M |
| 2018-12-31 | $58.86M | - |
| 2017-12-31 | $79.38M | - |
| 2016-12-31 | $79.88M | - |
Dividend history
- Most recent payment
- 2026-06-30
- Paid in the last twelve months
- $1.16
| Payment date | Dividend per share |
|---|
| 2026-06-30 | $0.30 |
| 2026-03-31 | $0.30 |
| 2025-12-31 | $0.28 |
| 2025-09-29 | $0.28 |
| 2025-06-30 | $0.28 |
| 2025-03-31 | $0.28 |
| 2024-12-31 | $0.25 |
| 2024-09-27 | $0.25 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-22
- Consensus EPS estimate
- $1.76
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-23 | Jun/2026 | $1.56 |
| 2026-04-23 | - | - |
| 2026-02-04 | - | - |
| 2025-10-23 | - | - |
| 2025-07-24 | - | - |
| 2025-04-24 | - | - |
| 2025-02-05 | - | - |
| 2024-10-24 | - | - |
Filings and sources
- Company website
- firstservice.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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