tradmap

FA Financials First Advantage Corp

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 27.2% per year over the past 5 years.
  • Operating margin has expanded, at 8.4% in the latest year.
  • Free cash flow has grown 22.8% per year over the past 5 years.

Financial health

  • Total debt ($2.1B) exceeds cash ($240M); net debt is $1.9B.
  • Total debt has grown slower than revenue (21.3% vs 27.2% per year).
  • Total debt is 8.7× EBITDA.
Revenue & net income
-$110M $732M $2B $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-13% 3% 19% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $103M $207M 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $1B $2B 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$2B -$35M $2B $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.6B -$35M 0.0% 8.4% $188M $2.1B $240M
2024 $860M -$110M 0.0% -7.3% $26M $2.2B $169M
2023 $764M $37M 0.0% 10.7% $161M $565M $214M
2022 $810M $65M 0.0% 11.6% $207M $557M $392M
2021 $712M $16M 0.0% 9.0% $141M $555M $293M
2020 $472M -$47M 0.0% -0.4% $68M $805M $153M
2019 $482M $34M 0.0% 19.1% $65M

Valuation over time

How the market has priced FA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 45.7 91.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 2.2 4.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is FA growing its revenue and profit?

Over the past 5 years, First Advantage Corp's revenue has grown 27.2% per year. These are computed facts, not advice.

How much debt does FA have?

As of FY2025, First Advantage Corp reported $2.1B of total debt against $240M of cash.

What is FA's profit margin?

In FY2025, gross margin was —, operating margin 8.4%, and net margin -2.2%.

What is FA's P/E ratio?

As of Jun '26, First Advantage Corp traded at a price-to-earnings ratio of about 88.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.