First Advantage (FA) Shares Outstanding (Diluted Average) (2020 - 2025)
Quarterly Shares Outstanding (Diluted Average) rose 16.57% to $173.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $173.2 million through Dec 2025, up 16.57% year-over-year, with the annual reading at $173.2 million for FY2025, 16.57% up from the prior year.
First Advantage filings provide 6 years of Shares Outstanding (Diluted Average) readings, the most recent being $173.2 million for Q4 2025.
- Shares Outstanding (Diluted Average) hit $173.2 million in Q4 2025 for First Advantage, down from $175.1 million in the prior quarter.
- Across five years, Shares Outstanding (Diluted Average) topped out at $175.1 million in Q2 2025 and bottomed at $130.0 million in Q1 2021.
- Average Shares Outstanding (Diluted Average) over 5 years is $150.3 million, with a median of $147.0 million recorded in 2023.
- The largest annual shift saw Shares Outstanding (Diluted Average) fell 5.02% in 2023 before it increased 20.31% in 2025.
- First Advantage's Shares Outstanding (Diluted Average) stood at $141.7 million in 2021, then increased by 7.14% to $151.8 million in 2022, then fell by 3.68% to $146.2 million in 2023, then increased by 1.61% to $148.6 million in 2024, then rose by 16.57% to $173.2 million in 2025.
- Per Business Quant, the three most recent readings for FA's Shares Outstanding (Diluted Average) are $173.2 million (Q4 2025), $175.1 million (Q2 2025), and $172.8 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (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 | 204.00 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 | 187.50 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 266.39 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 |
|---|---|
| Dec 31, 2025 | 173.20 Mn |
| Jun 30, 2025 | 175.07 Mn |
| Mar 31, 2025 | 172.76 Mn |
| Dec 31, 2024 | 148.58 Mn |
| Sep 30, 2024 | 144.10 Mn |
| Jun 30, 2024 | 145.86 Mn |
| Mar 31, 2024 | 143.59 Mn |
| Dec 31, 2023 | 146.23 Mn |
| Sep 30, 2023 | 144.73 Mn |
| Jun 30, 2023 | 145.34 Mn |
| Mar 31, 2023 | 147.03 Mn |
| Dec 31, 2022 | 151.81 Mn |
| Sep 30, 2022 | 152.38 Mn |
| Jun 30, 2022 | 152.36 Mn |
| Mar 31, 2022 | 152.35 Mn |
| Dec 31, 2021 | 141.69 Mn |
| Sep 30, 2021 | 152.40 Mn |
| Jun 30, 2021 | 135.37 Mn |
| Mar 31, 2021 | 130.00 Mn |
| Dec 31, 2020 | 130.00 Mn |
| Sep 30, 2020 | 130.00 Mn |
| Jun 30, 2020 | 130.00 Mn |