FirstService Financial Ratios
NASDAQ: FSVFinanceReal EstateUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
FirstService ratio analysis
FirstService earned a net margin of 3.5% in FY 2025, down from 3.6% a year earlier. Gross margin was 33.6% compared with a median of 32.1% over the prior 7 years. Return on equity reached 13.9%, meaning FirstService generated 0.14 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.79 versus 1.09 the year before, and the current ratio was 1.70. At the end of FY 2025, FSV traded at 47.6 times earnings; across the 9 fiscal years shown, its year-end P/E ranged from 38.5 to 72.4, with a median of 51.6. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
FirstService financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 47.63 | 61.15 | 72.36 | 45.06 | 64.42 | 67.70 | — | 38.49 | 49.59 | 51.61 |
| Price / sales | 1.25 | 1.57 | 1.67 | 1.45 | 2.65 | 2.11 | 1.50 | 1.29 | 1.47 | 1.15 |
| Price / book | 5.00 | 6.88 | 7.05 | 5.97 | 10.77 | 8.85 | 8.48 | 10.55 | 13.06 | 9.95 |
| Gross margin | 33.6% | 32.9% | 32.0% | 31.5% | 32.2% | 32.5% | 32.1% | 31.6% | — | — |
| Operating margin | 6.1% | 6.5% | 5.6% | 5.8% | 6.2% | 6.1% | -7.2% | 6.6% | 6.2% | 6.1% |
| Net margin | 3.5% | 3.6% | 3.4% | 3.9% | 4.8% | 4.0% | -9.5% | 4.7% | 3.1% | 2.3% |
| Free cash flow margin | 5.8% | 3.3% | 4.3% | 0.8% | 3.4% | 9.1% | 2.5% | 3.0% | 4.7% | 5.4% |
| Return on equity (ROE) | 13.9% | 15.8% | 14.4% | 16.0% | 19.5% | 16.6% | -53.4% | 38.2% | 27.6% | 19.6% |
| Return on assets (ROA) | 4.5% | 4.5% | 4.1% | 5.2% | 6.2% | 5.0% | -11.6% | 9.0% | 6.3% | 4.4% |
| Debt / equity | 0.79 | 1.09 | 1.15 | 0.81 | 0.82 | 0.89 | 1.80 | 1.42 | 1.40 | 1.46 |
| Current ratio | 1.70 | 1.83 | 1.77 | 1.74 | 1.56 | 1.51 | 1.87 | 1.83 | 1.53 | 1.73 |
| Revenue growth | 5.4% | 20.4% | 15.7% | 15.3% | 17.2% | 15.2% | 24.6% | 13.3% | 15.0% | 17.3% |
| EPS growth | 6.7% | 32.6% | -17.6% | -10.8% | 51.0% | — | -465.6% | 27.7% | 53.3% | 55.9% |