First Advantage (FA) EV to FCF (2021 - 2026)
First Advantage's EV to FCF was 11.48 in Q2 2026, down 94.8% from 222.08 a year earlier but up 37.5% from the prior quarter.
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Analysis
First Advantage (FA) EV to FCF (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Advantage's EV to FCF was 8.74 through Jun 30, 2026, down 94.8% year-over-year; for FY2025, it was 12.15, down 89.5% from FY2024.
- In earlier years, EV to FCF was 116.14 in FY2024 (+752.3%), 13.63 in FY2023 (+82.8%), 7.45 in FY2022 (-59.7%) and 18.52 in FY2021.
- Quarterly EV to FCF has moved between 7.45 (Q4 2022) and 305.15 (Q1 2025) over five years.
- Compared with a year earlier, EV to FCF has declined for three straight quarters, with growth averaging 135.8% over the last six quarters.
- The best year-over-year quarter for EV to FCF over five years was Q4 2024 (growth of 752.3%); the worst was Q1 2026 (a decline of 97.3%).
- Per Business Quant data, FA's EV to FCF in the three quarters before Q2 2026 was 8.35 (Q1 2026), 12.15 (Q4 2025) and 61.02 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.42 Bn | 240.49 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 232.07 Bn | 212.47 Bn | 1.10 Bn |
| 3 | Fortinet | 125.35 Bn | 111.28 Bn | 1.64 Bn |
| 4 | Snowflake | 111.63 Bn | 98.94 Bn | 1.04 Bn |
| 5 | Datadog | 91.35 Bn | 72.99 Bn | 881.34 Mn |
| 6 | Zscaler | 34.43 Bn | 20.55 Bn | - |
| 7 | Okta | 33.87 Bn | 23.97 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 31.65 Bn | 26.18 Bn | 546.45 Mn |
| 9 | MongoDB | 29.46 Bn | 19.93 Bn | 569.77 Mn |
| 10 | First Advantage | 3.35 Bn | 2.43 Bn | 203.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.48 |
| Mar 31, 2026 | 8.35 |
| Dec 31, 2025 | 12.15 |
| Sep 30, 2025 | 61.02 |
| Jun 30, 2025 | 222.08 |
| Mar 31, 2025 | 305.15 |
| Dec 31, 2024 | 116.14 |
| Sep 30, 2024 | 15.28 |
| Jun 30, 2024 | 12.98 |
| Mar 31, 2024 | 13.17 |
| Dec 31, 2023 | 13.63 |
| Sep 30, 2023 | 10.54 |
| Jun 30, 2023 | 9.85 |
| Mar 31, 2023 | 7.99 |
| Dec 31, 2022 | 7.45 |
| Sep 30, 2022 | 7.87 |
| Jun 30, 2022 | 8.80 |
| Mar 31, 2022 | 17.62 |
| Dec 31, 2021 | 18.52 |
| Sep 30, 2021 | 23.51 |
API Access
First Advantage EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=FA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "FA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();