FirstService Cash Flow Statement
NASDAQ: FSVFinanceReal EstateUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
FirstService free cash flow
In fiscal 2025, FirstService generated $445.9 million of operating cash flow and spent $127.7 million on capital expenditures. That left free cash flow of $318.2 million, a free-cash-flow margin of 5.8% of revenue. Free cash flow was up 84.1% from the prior year's $172.9 million.
FirstService returned $48.9 million to shareholders through dividends, equal to 15% of free cash flow. Free cash flow covered dividend payments 6.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
FirstService cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 190.75M | 187.77M | 147.02M | 145.01M | 156.13M | 109.59M | -227.63M | 90.28M | 75.05M | 54.24M |
| Net Income growth (YoY) | +1.58% | +27.72% | +1.39% | -7.12% | +42.47% | — | -352.14% | +20.30% | +38.35% | +42.00% |
| Depreciation & Amortization | 185.21M | 165.27M | 127.93M | 110.14M | 98.97M | 98.38M | 79.56M | 52.77M | 42.05M | 36.97M |
| Stock-Based Compensation | 27.39M | 25.31M | 21.39M | — | — | — | 251.50M | — | — | — |
| Change in Working Capital | 54.08M | -48.22M | -42.35M | -152.40M | -85.67M | 12.63M | 199.00K | -57.35M | -14.86M | -10.41M |
| Operating Cash Flow | 445.94M | 285.67M | 280.36M | 105.89M | 167.27M | 291.76M | 107.81M | 99.46M | 115.64M | 109.00M |
| Capital Expenditures | -127.70M | -112.80M | -92.73M | -77.61M | -58.20M | -39.41M | -46.63M | -40.60M | -36.26M | -29.12M |
| Investing Cash Flow | -245.20M | -323.70M | -646.33M | -160.80M | -206.32M | -142.26M | -614.97M | -106.20M | -79.66M | -130.84M |
| Dividends Paid | -48.89M | -43.83M | -39.05M | -34.88M | -31.21M | -27.45M | -22.04M | -18.78M | -17.14M | -15.47M |
| Share Repurchases | — | — | — | — | — | — | — | -9.00M | -17.09M | -9.52M |
| Financing Cash Flow | -263.33M | 74.41M | 413.94M | 18.78M | 24.43M | -75.20M | 561.14M | 20.44M | -26.33M | 19.50M |
| Net Change in Cash | -63.60M | 36.81M | 47.53M | -34.92M | -14.67M | 74.65M | 54.45M | 12.95M | 10.06M | -2.18M |
| Free Cash Flow | 318.24M | 172.88M | 187.63M | 28.28M | 109.06M | 252.35M | 61.18M | 58.86M | 79.38M | 79.88M |
This table shows 10 annual periods of FirstService's cash flow statement, from FY 2025 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow FSV's reporting calendar. What is a cash flow statement?