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FSV Financials Firstservice Corp

13 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 14.7% per year over the past 5 years.
  • Net income has grown slower than revenue (11.7% vs 14.7% per year).
  • Operating margin has been roughly flat, at 6.1% in the latest year.
  • Free cash flow has grown 4.7% per year over the past 5 years.

Financial health

  • Total debt has grown faster than revenue (39.7% vs 14.7% per year).

Shareholder returns

  • Dividends have been paid for 11 consecutive years, consuming 25.6% of earnings and 15.4% of free cash flow.
  • The dividend has grown 12.2% per year over the past 5 years.
Revenue & net income
-$228M $3B $5B $0 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-9% -1% 7% 0% 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $159M $318M 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $383M $767M 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$646M -$43M $561M $0 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $5.5B $191M 0.0% 6.1% $318M $154M
2024 $5.2B $188M 0.0% 6.5% $173M $228M
2023 $4.3B $147M 0.0% 5.6% $188M $188M
2022 $3.7B $145M 0.0% 5.8% $28M $136M
2021 $3.2B $156M 0.0% 6.2% $109M $166M
2020 $2.8B $110M 0.0% 6.1% $252M $184M
2019 $2.4B -$228M 0.0% -7.2% $61M $767M $121M
2018 $1.9B $90M 0.0% 6.6% $59M $335M $66M
2017 $1.7B $75M 0.0% 6.1% $79M $270M $57M
2016 $54M $80M $251M $43M
2015 $38M $67M $201M $46M
2014 $26M $23M $67M
2013 $18M $18M $86M

Valuation over time

How the market has priced FSV 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 30.2 60.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 1.0 2.0 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 0.4 0.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is FSV growing its revenue and profit?

Over the past 5 years, Firstservice Corp's revenue has grown 14.7% per year, and net income grown 11.7% per year. These are computed facts, not advice.

How much debt does FSV have?

As of FY2025, Firstservice Corp reported — of total debt against $154M of cash.

What is FSV's profit margin?

In FY2025, gross margin was —, operating margin 6.1%, and net margin 3.5%.

What is FSV's P/E ratio?

As of Jun '26, Firstservice Corp traded at a price-to-earnings ratio of about 32.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield 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.