FirstService (FSV) Asset Utilization Ratio (2015 - 2026)
FirstService's (FSV) quarterly Asset Utilization Ratio came in at 1.29 in Q2 2026, down 16.82% on a YoY basis from 1.56 in Q2 2025, and little changed quarter-over-quarter from 1.3 in Q1 2026.
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Analysis
FirstService (FSV) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
FirstService (FSV) has reported Asset Utilization Ratio for 12 consecutive years, with 1.29 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 16.82% year-over-year to 1.29; the trailing twelve-month figure through Jun 2026 stood at 1.29 (down 16.82% YoY), and the FY2025 full-year result was 1.3, down 2.8% from the prior year.
- Asset Utilization Ratio steadied at 1.29 in Q2 2026 per FSV's latest filing, from 1.3 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 2.39 in Q3 2023 and bottomed at 1.26 in Q1 2025.
- Historically, Asset Utilization Ratio has averaged 1.59 across 5 years, with a median of 1.52 in 2024.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio plunged 36.21% in 2022, then soared 71.17% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 1.39 in 2022, then grew by 14.71% to 1.6 in 2023, then retreated by 3.93% to 1.54 in 2024, then decreased by 17.47% to 1.27 in 2025, then climbed by 1.98% to 1.29 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.29, 1.3, and 1.27 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.63 Bn | 80.34 Bn | 1.48 Bn | 1.09 |
| 2 | Iron Mountain | 34.27 Bn | 34.39 Bn | 1.07 Bn | 0.35 |
| 3 | Rollins | 16.72 Bn | 16.61 Bn | 569.95 Mn | 1.20 |
| 4 | APi | 16.37 Bn | 15.51 Bn | 703.00 Mn | 0.89 |
| 5 | Aramark | 15.43 Bn | 15.00 Bn | 430.34 Mn | 1.43 |
| 6 | FirstService | 6.30 Bn | 6.63 Bn | 480.66 Mn | 1.29 |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn | 0.89 |
| 8 | Geo | 4.16 Bn | 3.91 Bn | - | 0.75 |
| 9 | CoreCivic | 3.45 Bn | 3.34 Bn | - | 0.73 |
| 10 | Abm Industries | 2.90 Bn | 2.79 Bn | 286.10 Mn | 1.63 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.29 |
| Mar 31, 2026 | 1.30 |
| Dec 31, 2025 | 1.27 |
| Sep 30, 2025 | 1.54 |
| Jun 30, 2025 | 1.56 |
| Mar 31, 2025 | 1.26 |
| Dec 31, 2024 | 1.54 |
| Sep 30, 2024 | 1.91 |
| Jun 30, 2024 | 1.91 |
| Mar 31, 2024 | 1.51 |
| Dec 31, 2023 | 1.60 |
| Sep 30, 2023 | 2.39 |
| Jun 30, 2023 | 2.32 |
| Mar 31, 2023 | 1.73 |
| Dec 31, 2022 | 1.39 |
| Sep 30, 2022 | 1.40 |
| Jun 30, 2022 | 1.38 |
| Mar 31, 2022 | 1.35 |
| Dec 31, 2021 | 1.64 |
| Sep 30, 2021 | 2.19 |