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stoqly.net Stock research from SEC filings Company report · November 1, 2026

FirstService Corp

FSV Nasdaq· Real Estate

Last close · Oct 30, 2026

$144.98

KIRA · Stoqly’s AI analyst, in plain words

  • FirstService Corp had $5.5B of revenue in fiscal 2025, up 5.4% on the year before. Over five years, revenue changed +14.7% a year on average.
  • Its operating margin was 6.1%, down 0.3 pts: of every 100 in sales, about 6 is left after running the business.
  • FirstService Corp made $191M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 14.7% a year.
  • Free cash flow was $318M in fiscal 2025, 5.8% of revenue.
  • FirstService Corp returned $48.9M to shareholders in fiscal 2025, 15% of free cash flow. The diluted share count rose 1.0%.
  • FirstService Corp owes $966M more than it holds in cash, about 1.8 years of operating profit.

Market cap

$6.6B

P/E

45.7x

Revenue

$5.5B

Net income

$191M

Free cash flow

$318M

Operating margin

6.1%

FirstService Corp in 30 seconds · fiscal 2025

Good

Are sales growing?

+5.4%

Yes. Sales grew 5.4% last year.

So-so

Does it make a profit?

3.5%

A little. It keeps 3.5% of every sale as profit.

So-so

Does profit turn into cash?

5.8%

Partly. 5.8% of sales ends up as free cash.

So-so

Is debt under control?

1.8x

Keep an eye on it. Repaying its debt would take 1.8 years of operating profit.

So-so

How healthy are the accounts?

5 / 8

Mixed. It passes 5 of 8 health tests.

For information

How is the share priced?

45.7x

One share costs 45.7 times its yearly profit per share.

What FirstService Corp does

No business description yet.

Fiscal year ends
December 31, 2025
Latest annual report
40-F · Feb 20, 2026
Legal name
FirstService Corp
CIK
0001637810
Source: stoqly.net · stoqly.net/companies/fsv · Generated November 1, 2026 Not investment advice · Page 1 of 3
stoqly.net Stock research from SEC filings Company report · November 1, 2026

FirstService Corp · FSV · stoqly.net

Results and finances

The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.

Fiscal yearFY21FY22FY23FY24FY25
Sales and profit
Revenue $3.2B $3.7B $4.3B $5.2B $5.5B
Revenue growth 17.2% 15.3% 15.7% 20.4% 5.4%
Net interest income −$16.0M −$25.2M −$47.4M −$82.9M −$73.7M
Operating margin 6.2% 5.8% 5.6% 6.5% 6.1%
Net income $156M $145M $147M $188M $191M
Net margin 4.8% 3.9% 3.4% 3.6% 3.5%
Diluted EPS $3.05 $2.72 $2.24 $2.97 $3.17
Cash
Cash from operations $167M $106M $280M $286M $446M
Capital expenditure $58.2M $77.6M $92.7M $113M $128M
Free cash flow $109M $28.3M $188M $173M $318M
FCF margin 3.4% 0.8% 4.3% 3.3% 5.8%
Dividends paid $31.2M $34.9M $39.1M $43.8M $48.9M
Share count change 2.8% 0.2% 0.7% 1.1% 1.0%
Debt and strength
Cash and short-term investments $166M $136M $188M $228M $154M
Debt incl. finance leases $664M $750M $1.2B $1.3B $1.1B
Shareholders' equity $800M $907M $1.0B $1.2B $1.4B
Net debt / EBITDA 1.7x 1.9x 2.7x 2.2x 1.8x
Current ratio 1.6x 1.7x 1.8x 1.8x 1.7x
Returns and quality
Return on capital 11.7% 10.9% 8.8% 10.9% 10.5%
Return on equity 21.4% 17.0% 15.2% 17.0% 14.9%
Piotroski F-score 7 4 4 7 5

Insiders bought, 12 months

$0.0M

0 insiders

Insiders sold, 12 months

$0.0M

0 insiders

Of sales under plans

—

$0.0M

How to read these numbers

Revenue:
Total sales reported in the income statement.
Operating margin:
Operating income as a share of revenue.
Net income:
Profit after all expenses, interest and tax.
Free cash flow:
Cash from operations minus capital spending.
Net debt / EBITDA:
Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
Return on capital:
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Source: stoqly.net · stoqly.net/companies/fsv · Generated November 1, 2026 Not investment advice · Page 2 of 3
stoqly.net Stock research from SEC filings Company report · November 1, 2026

FirstService Corp · FSV · stoqly.net

Charts and comparison

Ten years at a glance, and how it stacks up against similar companies.

Revenue

Net income

Margins, % of revenue

Gross Operating Net

Cash vs debt (incl. leases)

Cash Debt

Free cash flow

Dividends and buybacks

Dividends Buybacks

KIRA

At $144.98 a share, the company is worth $6.6B: 45.7 times its earnings of the last four quarters.

Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001637810). Latest version: stoqly.net/companies/fsv. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.