First Advantage (FA) Operating Leases (2022 - 2026)
Quarterly Operating Leases fell 38.6% to $4.9 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $4.9 million through Mar 2026, down 38.6% year-over-year, with the annual reading at $5.5 million for FY2025, 39.61% down from the prior year.
First Advantage filings provide 5 years of Operating Leases readings, the most recent being $4.9 million for Q1 2026.
- Operating Leases hit $4.9 million in Q1 2026 for First Advantage, down from $5.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $11.6 million in Q1 2022 and bottomed at $3.8 million in Q3 2023.
- Average Operating Leases over 5 years is $7.0 million, with a median of $6.4 million recorded in 2025.
- The largest annual shift saw Operating Leases plummeted 61.33% in 2023 before it skyrocketed 54.26% in 2024.
- First Advantage's Operating Leases stood at $7.9 million in 2022, then decreased by 24.72% to $5.9 million in 2023, then skyrocketed by 54.26% to $9.1 million in 2024, then tumbled by 39.61% to $5.5 million in 2025, then dropped by 12.0% to $4.9 million in 2026.
- Per Business Quant, the three most recent readings for FA's Operating Leases are $4.9 million (Q1 2026), $5.5 million (Q4 2025), and $6.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn |
| 10 | First Advantage | 2.62 Bn | 2.39 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.86 Mn |
| Dec 31, 2025 | 5.53 Mn |
| Sep 30, 2025 | 6.41 Mn |
| Jun 30, 2025 | 7.34 Mn |
| Mar 31, 2025 | 7.92 Mn |
| Dec 31, 2024 | 9.15 Mn |
| Sep 30, 2024 | 4.34 Mn |
| Jun 30, 2024 | 4.96 Mn |
| Mar 31, 2024 | 5.63 Mn |
| Dec 31, 2023 | 5.93 Mn |
| Sep 30, 2023 | 3.85 Mn |
| Jun 30, 2023 | 5.73 Mn |
| Mar 31, 2023 | 6.67 Mn |
| Dec 31, 2022 | 7.88 Mn |
| Sep 30, 2022 | 9.95 Mn |
| Jun 30, 2022 | 11.51 Mn |
| Mar 31, 2022 | 11.58 Mn |