FSV
FirstService Corp
NASDAQ: FSV · REAL ESTATE · REAL ESTATE SERVICES
$134.08
-6.25% today
Updated 2026-04-29
Market cap
$6.58B
P/E ratio
40.29
P/S ratio
1.18x
EPS (TTM)
$3.55
Dividend yield
0.77%
52W range
$133 – $209
Volume
0.2M
FirstService Corp (FSV) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.55B | $1.70B | $1.99B | $2.22B | $2.31B | $2.34B | $1.13B | $1.26B | $1.48B | $1.71B | $1.93B | $2.41B | $2.77B | $3.25B | $3.75B | $4.33B | $5.22B | $5.52B |
| Revenue growth (YoY) | — | +9.9% | +16.6% | +12.0% | +3.7% | +1.7% | -51.7% | +11.7% | +17.3% | +15.0% | +13.3% | +24.6% | +15.2% | +17.2% | +15.3% | +15.7% | +20.4% | +5.8% |
| Cost of revenue | $917.83M | $1.06B | $1.22B | $1.44B | $1.52B | $1.51B | $800.05M | $883.96M | $1.05B | $1.19B | $1.32B | $1.63B | $1.87B | $2.20B | $2.57B | $2.95B | $3.50B | $3.76B |
| Gross profit | $631.89M | $640.82M | $764.95M | $787.96M | $787.50M | $833.75M | $331.96M | $380.11M | $432.80M | $516.08M | $611.22M | $773.31M | $900.62M | $1.05B | $1.18B | $1.39B | $1.72B | $1.75B |
| Gross margin | 40.8% | 37.6% | 38.5% | 35.4% | 34.2% | 35.6% | 29.3% | 30.1% | 29.2% | 30.3% | 31.6% | 32.1% | 32.5% | 32.2% | 31.5% | 32.0% | 32.9% | 31.8% |
| R&D | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | — | — | — | — | — | $229.83M | $258.68M | $279.24M | $305.22M | $358.24M | $426.38M | $546.26M | $628.52M | $733.60M | $846.43M | $993.20M | $1.23B | $1.31B |
| Operating income | $78.12M | $67.76M | $96.66M | $102.71M | $78.40M | $90.23M | $45.62M | $70.75M | $90.55M | $107.63M | $127.57M | $-174.42M | $169.41M | $201.64M | $219.03M | $244.89M | $337.51M | $335.67M |
| Operating margin | 5.0% | 4.0% | 4.9% | 4.6% | 3.4% | 3.9% | 4.0% | 5.6% | 6.1% | 6.3% | 6.6% | -7.2% | 6.1% | 6.2% | 5.8% | 5.6% | 6.5% | 6.1% |
| EBITDA | $121.56M | $117.11M | $145.50M | $101.99M | $137.34M | $76.38M | $73.28M | $100.88M | $127.58M | $155.18M | $184.84M | $-88.85M | $268.15M | $324.01M | $329.31M | $378.64M | $506.02M | $527.36M |
| EBITDA margin | 7.8% | 6.9% | 7.3% | 4.6% | 6.0% | 3.3% | 6.5% | 8.0% | 8.6% | 9.1% | 9.6% | -3.7% | 9.7% | 10.0% | 8.8% | 8.7% | 9.7% | 9.6% |
| EBIT | $83.89M | $70.73M | $97.61M | $51.07M | $83.83M | $1.03M | $46.80M | $71.89M | $-1.25B | $-1.52B | $-1.52B | $-168.40M | $169.77M | $225.04M | $219.17M | $250.70M | $340.75M | $341.53M |
| Interest expense | $16.86M | $13.92M | $18.35M | $17.98M | $20.62M | $22.55M | $6.93M | $9.08M | $9.15M | $9.87M | $12.62M | $32.08M | $24.32M | $16.04M | $25.19M | $47.36M | $82.85M | $73.96M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-32.98M | $-44.85M | $13.56M | $74.11M | $5.85M | $-18.04M | $12.97M | $21.39M | $33.60M | $53.08M | $65.86M | $-251.61M | $87.26M | $135.21M | $121.07M | $100.39M | $134.38M | $145.65M |
| Net income growth (YoY) | — | -36.0% | +130.2% | +446.4% | -92.1% | -408.4% | +171.9% | +65.0% | +57.0% | +58.0% | +24.1% | -482.0% | +134.7% | +55.0% | -10.5% | -17.1% | +33.9% | +8.4% |
| Profit margin | -2.1% | -2.6% | 0.7% | 3.3% | 0.3% | -0.8% | 1.1% | 1.7% | 2.3% | 3.1% | 3.4% | -10.5% | 3.1% | 4.2% | 3.2% | 2.3% | 2.6% | 2.6% |