First Advantage (FA) FCF Margin (2020 - 2026)

First Advantage's FCF Margin history runs 7 years deep, the most recent figure standing at 9.4% for Q1 2026.

• Quarterly FCF Margin rose 419.0% year-over-year to 9.4% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.3% (up 949.0% YoY) and the FY2025 annual result came in at 9.37%, up 615.0% from the prior year.
• FCF Margin was 9.4% for Q1 2026 at First Advantage, up from 5.04% in the prior quarter.
• Across five years, FCF Margin topped out at 27.87% in Q4 2023 and bottomed at 21.43% in Q4 2024.
• A 5-year average of 14.93% and a median of 17.15% in 2024 frame the typical range for FCF Margin.
• Annual changes were most pronounced in 2024 — FCF Margin slumped 4930 bps — and 2025, when it surged 2647 bps.
• First Advantage's FCF Margin stood at 25.21% in 2022, then climbed by 11 bps to 27.87% in 2023, then slumped by 177 bps to 21.43% in 2024, then soared by 124 bps to 5.04% in 2025, then soared by 87 bps to 9.4% in 2026.
• Business Quant data shows FA's FCF Margin at 9.4% in Q1 2026, 5.04% in Q4 2025, and 17.1% in Q3 2025.