First Advantage (FA) EV to FCF (2021 - 2026)
First Advantage's (FA) quarterly EV to FCF came in at 48.68 in Q2 2026, down 53.55% on a YoY basis from 104.8 in Q2 2025, and down 2.29% quarter-over-quarter from 49.82 in Q1 2026.
Analysis
First Advantage (FA) EV to FCF (2021 - 2026) Analysis & Trends
First Advantage (FA) has reported EV to FCF for 6 consecutive years, with 48.68 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF fell 53.55% year-over-year to 48.68; the trailing twelve-month figure through Jun 2026 stood at 13.76 (up 112.82% YoY), and the FY2025 full-year result was 15.53, up 101.19% from the prior year.
- EV to FCF fell to 48.68 in Q2 2026 per FA's latest filing, from 49.82 in the prior quarter.
- Across five years, EV to FCF topped out at 257.13 in Q1 2025 and bottomed at 32.08 in Q4 2024.
- Historically, EV to FCF has averaged 62.84 across 5 years, with a median of 50.27 in 2026.
- The sharpest annual moves came in 2024 and 2025: EV to FCF tumbled 173.1% in 2024, then jumped 292.51% in 2025.
- Over 5 years, EV to FCF stood at 24.1 in 2022, then surged by 82.05% to 43.88 in 2023, then slumped by 173.1% to 32.08 in 2024, then surged by 235.11% to 43.34 in 2025, then grew by 12.32% to 48.68 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 48.68, 49.82, and 43.34 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.68 |
| Mar 31, 2026 | 49.82 |
| Dec 31, 2025 | 43.34 |
| Sep 30, 2025 | 41.02 |
| Jun 30, 2025 | 104.80 |
| Mar 31, 2025 | 257.13 |
| Dec 31, 2024 | -32.08 |
| Sep 30, 2024 | 71.72 |
| Jun 30, 2024 | 81.70 |
| Mar 31, 2024 | 65.51 |
| Dec 31, 2023 | 43.88 |
| Sep 30, 2023 | 65.53 |
| Jun 30, 2023 | 68.66 |
| Mar 31, 2023 | 50.71 |
| Dec 31, 2022 | 24.10 |
| Sep 30, 2022 | 39.03 |
| Jun 30, 2022 | 32.23 |
| Mar 31, 2022 | 75.26 |
| Dec 31, 2021 | 43.41 |
| Sep 30, 2021 | 113.23 |