FSV vs RTO vs LGN Stock Comparison

FirstService, Rentokil Initial and Legence Prices as of Oct 28, 2026 Peers: Industry group
FSV FirstService Corp
$138.96 +7.7% 1M -12.8% 1Y
Market cap
$6.42B
P/E
55.7x
Revenue (TTM)
$5.68B
Div. yield
–
Facility Services Industrials
6 wins
RTO Rentokil Initial Plc /Fi
$22.80 +11.2% 1M -20.0% 1Y
Market cap
$11.56B
P/E
–
Revenue (TTM)
—
Div. yield
–
Facility Services Industrials
2 wins
LGN Legence Corp.
$40.81 -23.6% 1M +3.1% 1Y
Market cap
$3.09B
P/E
–
Revenue (TTM)
$3.31B
Div. yield
–
HVAC Industrials
1 win

Head to Head

9 decided of 12

FirstService leads on 6 of the 12 questions below (FirstService 6, Rentokil Initial 2, Legence 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFSVRTOLGNLeader
Larger companyMarket capitalisation $6.42B $11.56B $3.09B RTO
Cheaper on earningsLower P/E, profitable companies only 55.7x — -46.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.8x 15.9x 29.6x RTO
Faster revenue growthRevenue growth, trailing twelve months +3.7% — — –
More profitableNet margin, trailing twelve months 2.0% — -2.0% FSV
Better return on capitalReturn on invested capital 10.0% — 2.1% FSV
Less leveragedLower net debt / EBITDA 2.6x — 4.7x FSV
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -12.8% -20.0% +3.1% LGN
Better 5-year returnAnnualised price return, 5 years -7.0%/yr -11.1%/yr — FSV
Less volatileAnnualised volatility, 1 year 30.6% 34.6% 73.1% FSV
Higher overall scoreMean of the five percentile scores vs peers 41/100 — 17/100 FSV

Percentile Scorecard

FSVRTOLGN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFSVRTOLGN
Valuation 42 #66 of 113 – 17 #46 of 55
Growth 56 #43 of 96 – –
Profitability 63 #35 of 92 – 13 #42 of 48
Financial Health 39 #77 of 125 – 21 #43 of 54
Shareholder Returns 8 #62 of 67 39 #41 of 67 –
Overall 41 – 17
  • FSV ranked among 130 companies in Business Services
  • RTO ranked among 130 companies in Business Services
  • LGN ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFSVRTOLGNSPY
1 month +7.7%+11.2%-23.6% +0.9%
3 months -2.4%-22.5%-23.1% +5.9%
6 months +3.6%-30.9%-49.5% +8.5%
Year to date -10.7%-22.6%-5.2% +13.3%
1 year -12.8%-20.0%+3.1% +12.4%
3 years +1.4%-10.5%— +88.1%
3 years, per year +0.5%-3.6%— +23.5%
5 years -30.5%-44.3%— +68.2%
5 years, per year -7.0%-11.1%— +11.0%
10 years +238.4%+59.7%— +263.4%
10 years, per year +13.0%+4.8%— +13.8%

Risk

MeasureFSVRTOLGNSPY
Volatility, 1Y 30.6%34.6%73.1% 12.7%
Downside volatility, 1Y 31.1%37.0%78.5% 12.7%
Beta vs S&P 500, 1Y 0.650.332.80 1.00
Return / volatility, 1Y -0.42-0.580.04 0.98
Max drawdown, 5Y -43.8%-54.2%-64.7% -25.4%
From 52-week high -15.8%-34.0%-60.1% -0.9%
52-week high $165.10$34.52$102.27 $779.14
52-week low $125.66$19.75$33.32 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFSVRTOLGN
P/E now vs peer median 54.9xmedian 21.5x —median 21.5x -46.7xmedian 20.0x
P/S now vs peer median 1.1xmedian 0.9x —median 0.9x 1.3xmedian 1.5x
EV/EBITDA now vs peer median 14.4xmedian 11.9x —median 11.9x 32.3xmedian 11.3x
P/FCF now vs peer median 11.8xmedian 13.9x —median 13.9x —median 15.3x
P/B now vs peer median 6.8xmedian 2.3x —median 2.3x 4.5xmedian 2.8x
PEG now vs peer median 147.23median 0.92 —median 0.92 —median 0.99

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFSVRTOLGN
Revenue $5.68B – $3.31B
Gross profit $1.88B – $644.45M
Operating income $339.62M – $38.41M
Net income $199.45M – -$90.65M
Free cash flow $536.84M – –
EPS (diluted) $2.52 – $-0.87
Cash & equivalents $160.76M $2.47B $291.98M
Total debt $1.55B -$1.94B $4.30B
Shares (diluted) 45.75M 507.00M 76.03M
Enterprise value $5.74B $5.07B $2.31B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFSVRTOLGN
P/E 54.9x – -46.7x
P/FCF 11.8x – –
P/Operating cash flow 15.2x – –
P/S 1.1x – 1.3x
P/B 6.8x – 4.5x
P/Tangible book 6.8x – 23.8x
EV/EBITDA 14.4x – 32.3x
EV/EBIT 22.8x – 134.1x
EV/Revenue 1.4x – 1.6x
EV/FCF 14.4x – –
EV/Operating cash flow 18.5x – –
PEG (3Y EPS CAGR) 147.23 – –

Growth

14 metrics
MetricFSVRTOLGN
Revenue growth (1Y) 3.7% – –
Revenue CAGR (3Y) 9.9% – –
Gross profit growth (1Y) 2.6% – –
Gross profit CAGR (3Y) 11.0% – –
Operating income growth (1Y) -0.6% – –
Operating income CAGR (3Y) 8.7% – –
Net income growth (1Y) 4.7% – –
Net income CAGR (3Y) 6.0% – –
EPS growth (1Y) 12.3% – –
EPS CAGR (3Y) 0.4% – –
Operating cash flow growth (1Y) 0.1% – –
Operating cash flow CAGR (3Y) 23.1% – –
Free cash flow growth (1Y) -1.6% – –
Free cash flow CAGR (3Y) 19.6% – –

Profitability

14 metrics
MetricFSVRTOLGN
Gross margin 33.1% – 19.5%
EBITDA margin 9.5% – 4.8%
Operating margin 6.0% – 1.2%
Pretax margin 4.8% – -1.9%
Net margin 2.0% – -2.0%
FCF margin 9.4% – –
Operating cash flow margin 7.4% – –
Return on equity 18.5% – -10.5%
Return on assets 4.5% – -2.9%
Return on invested capital 10.0% – 2.1%
Return on capital employed 9.8% – 1.9%
Asset turnover 1.3x – 1.0x
Cash conversion (OCF / net income) 2.1x – –
Stock comp / revenue 0.3% – –

Financial Health

11 metrics
MetricFSVRTOLGN
Debt / assets 34.9% -13.4% 27.7%
Debt / equity 1.7x – 1.1x
Net debt / EBITDA 2.6x – 4.7x
Debt / FCF 2.9x – –
Liabilities / assets 78.9% – 73.9%
Equity / assets 21.1% – 26.1%
Interest coverage – – 0.4x
Current ratio 1.7x -683.2x 1.3x
Quick ratio 1.2x -411.8x 1.3x
Cash ratio 0.2x -411.8x 0.2x
Altman Z-score – – 1.89

Shareholder Returns

7 metrics
MetricFSVRTOLGN
Dividend yield 1.1% 2.8% –
Net buyback yield -9.5% – –
Shareholder yield -8.5% 2.8% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFSVRTOLGN
Forward P/E 23.8xFY2026 15.9xFY2026 29.6xFY2026
EPS, next fiscal year $5.84FY2026 $1.43FY2026 $1.38FY2026
EPS growth, next FY +2.1%FY2026 +10.9%FY2026 –
EPS growth, the year after +9.6% +2.1% +79.0%
Revenue, next fiscal year $5.42BFY2026 $7.01BFY2026 $4.58BFY2026
Revenue growth, next FY -1.0%FY2026 +1.5%FY2026 +79.7%FY2026
Revenue growth, the year after +20.0% +13.5% +22.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFSVRTOLGN
Held by institutions 69.9% 15.4% 100.0%
Institutions holding 275 287 265
Change in shares held, QoQ +7.2% +5.9% +17.6%
Institutions buying 147 161 194
Institutions selling 101 90 58
Buyers to sellers 1.46 1.79 3.34

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FSVRTOLGN
FSV 1.00 0.25 -0.08
RTO 0.25 1.00 -0.07
LGN -0.08 -0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FSV, RTO and LGN?

Rentokil Initial (RTO) is the largest by market capitalisation: FirstService (FSV) $6.42B, Rentokil Initial (RTO) $11.56B, Legence (LGN) $3.09B.

Which company is more profitable?

FirstService (FSV) has the highest net margin (FirstService (FSV) 2.0%, Legence (LGN) -2.0%). On return on invested capital, FirstService (FSV) leads (FirstService (FSV) 10.0%, Legence (LGN) 2.1%).

Which stock has performed better?

Over the past year Legence (LGN) returned the most: FirstService (FSV) -12.8%, Rentokil Initial (RTO) -20.0%, Legence (LGN) +3.1%. Over five years, FirstService (FSV) compounded fastest (FirstService (FSV) -7.0%/yr, Rentokil Initial (RTO) -11.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, FirstService (FSV) has been the steadiest (FirstService (FSV) 30.6%, Rentokil Initial (RTO) 34.6%, Legence (LGN) 73.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FSV, RTO and LGN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, FirstService (FSV) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.