FirstService Corp

FirstService Corp

206.06
CAD
+14.21
(+7.41%)
6.38EPS
40.16P/E
8.90BMarket Cap
Feb 09Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
28.86
31.47
35.1
41.23
48.15
53.72
62.98
64.84
74.11
84.8
97.28
115.88
120.75
122.69
Basic EPS, GAAP
- -
0.36
0.59
0.93
1.43
1.83
-6.58
2.04
3.08
2.74
2.25
2.98
3.19
3.54
Free Cash Flow per Basic Share
0.49
0.63
1.87
2.22
2.21
1.64
1.6
5.9
2.49
0.64
4.21
3.84
6.99
7.35
Dividend per Share
- -
- -
0.2
0.43
0.48
0.52
0.58
0.64
0.71
0.79
0.88
0.97
1.07
1.13
Book Value per Share
6.76
4.41
4.65
5.05
5.35
6.57
10.26
15.15
18.17
20.52
22.92
26.24
30.09
27.59
Tangible Book Value per Share
-10.12
-3.94
-3.7
-5.75
-6.5
-6.89
-14.1
-9.68
-9.67
-7.85
-17.54
-20.39
-17.72
-22.91
Basic Weighted Avg Shares
36
36
36
36
36
36
38
43
44
44
45
45
46
46
Sales/Revenue/Turnover
1,038
1,132
1,264
1,483
1,729
1,931
2,407
2,772
3,249
3,746
4,335
5,217
5,498
5,597
Operating Margin (%)
3.64
4.13
5.69
6.11
6.54
6.84
-6.93
6.27
6.58
5.97
6.15
6.19
6.37
6.17
Depreciation Expense
39
26
29
37
42
53
80
98
99
110
128
165
185
194
Net Income, GAAP
3
13
21
34
51
66
-252
87
135
121
100
134
145
161
Effective Tax Rate (%)
23.87
31.85
38
33.55
22.32
21.63
- -
24.66
25.3
25.25
27.7
27.19
28.43
27.34
Profit Margin (%)
0.31
1.15
1.69
2.27
2.98
3.41
-10.45
3.15
4.16
3.23
2.32
2.58
2.64
2.88
Working Capital
45
125
100
129
113
188
310
276
346
472
590
709
622
614
LT Debt
328
222
197
250
267
331
872
662
718
867
1,329
1,472
1,312
1,486
Total Equity
471
240
245
283
310
388
601
853
1,019
1,141
1,357
1,637
1,862
1,726
Return on Invested Capital (%)
3.47
4.73
9.55
12.35
14.8
15.6
- -
8.25
8.78
8.38
7.33
8.27
7.54
7.77
Return on Capital (%)
-0.28
0.68
2.21
3.88
6.38
7.89
- -
5.34
7.32
5.89
3.62
4.73
4.72
5.04
Return on Common Equity (%)
0.03
6.47
13.13
19.31
27.56
30.74
-76
16.07
18.52
14.18
10.39
12.15
11.32
13.07

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
73
73
74
LT Borrowings
1,069
1,042
1,237
LT Finance Leases
243
251
249
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
46
46
44
Market Capitalization
7,113
6,399
6,274

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,504
1,510
1,528
Cash, Cash Equivalents & STI
154
191
173
Accounts Receivable, Net
922
880
903
Inventories
274
292
302
Total Current Liabilities
882
867
914
Payables & Accruals
549
553
577
ST Debt
73
73
74
Deferred Revenue
220
212
239

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.2%
16.94%
13.75%
Free Cash Flow
81.72%
101.75%
84.08%
Net Income, GAAP
-40.93%
13.84%
7.94%
Sales/Revenue/Turnover
15.94%
14.79%
5.38%
Total Cash Common Dividend
23.84%
12.24%
11.54%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,158
1,297
1,396
1,365
5,217
2025
1,251
1,416
1,448
1,383
5,498
2026
1,317
1,449
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.78
1.34
0.72
2.98
2025
0.06
1.01
1.25
0.85
3.19
2026
0.44
1
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.25
0.25
0.25
0.97
2025
0.25
0.27
0.27
0.27
1.07
2026
0.27
0.31
- -
- -
- -

Company Description

CEO
D. Scott Patterson
Full Time Employees
31,000
Sector
Finance
Industry
Real estate development
Address
1255 Bay Street Toronto ON Canada M5R 2A9
IPO Date
May 27, 2015
Business
FirstService Corporation provides essential property services to residential and commercial customers across North America through two primary segments, FirstService Residential and FirstService Brands. FirstService Residential manages over 9,000 communities including condominiums, co-operatives, homeowner associations, master-planned communities and active adult developments; offers ancillary services such as on-site staffing for engineering and maintenance, full-service amenity management, security, concierge services, financial services including cash management and insurance brokerage, energy management solutions, advisory services and resale processing; and operates The Amenity Collective for consulting, design and hospitality management of aquatic, fitness, wellness, spa and lifestyle amenities. FirstService Brands delivers property restoration through First Onsite and Paul Davis Restoration for water, fire, mold, storm and disaster cleanup and reconstruction; commercial roofing via Roofing Corp of America; fire protection solutions including sprinkler installation and suppression systems through Century Fire Protection; and home improvement services through California Closets for custom storage solutions, CertaPro Painters for residential and commercial painting, Floor Coverings International for in-home floor covering design and installation, and Pillar To Post Home Inspectors for comprehensive home inspections. The company serves customers primarily in the United States and Canada from its headquarters in Toronto, Ontario, where it was founded in 1988. Recent developments include the expansion of its commercial roofing footprint through Roofing Corp of America's acquisitions of Springer-Peterson Roofing & Sheet Metal in Florida and A-1 All American Roofing in California in 2025; Century Fire Protection's acquisitions of TST Fire Protection and Alliance Fire & Safety in Utah in May 2025 to establish a western U.S. growth platform; a credit facility increase to $1.75 billion; and reporting of third quarter 2025 results with consolidated revenues of $1.45 billion, up 4% year-over-year.

Company News

  • FirstService (FSV) Misses Q3 Earnings Estimates

  • FirstService Reports Third Quarter 2026 Results

  • FirstService Residential Relocates Jacksonville Office to Modern Space Designed for Collaboration

  • FirstService Residential Relocates Jacksonville Office to Modern Space Designed for Collaboration

  • FirstService Residential Expands in Boston, Welcoming Iconic Battery Wharf's Master Association

  • Century Fire Protection Acquires A&A Fire Protection

  • The Sun Rose Residences Unveils Forbes Travel Guide VERIFIED™ Luxury Residences Designation

  • FirstService (FSV) Set to Release Quarterly Earnings on Thursday

  • FirstService Residential selected to manage Lagoon Valley, a growing master-planned community in Vacaville, CA

  • FirstService Residential executive recognized for leadership in one of Arizona's largest master-planned communities

  • FirstService Residential Named Property Management Firm of the Year at the 17th RED Residential Real Estate Awards

  • FirstService (TSE:FSV) Stock Crosses Below 200 Day Moving Average – What’s Next?

  • FirstService to Announce Third Quarter Results on October 22, 2026

  • Dividend Champion, Contender, And Challenger Highlights: Week October 4

  • FirstService Residential New York's Stephanie Cardello named REBNY's 2026 Residential Management Executive of the Year

  • FirstService's 2026 Outlook: Stable and Growing Cash Generation at a Discounted Valuation

  • FirstService Residential selected to manage Laureate Park Master Association

  • FirstService Corporation (FSV) to Distribute Quarterly Dividend of $0.30 on October 7th

  • Corient Private Wealth LP Buys New Stake in FirstService Corporation $FSV

  • FirstService Residential-Managed Communities Participate in the Plug in Alexandria Program