FirstService (FSV) Cash from Operations (2014 - 2026)
FirstService's Cash from Operations came in at $129.77 million for the quarter ended Jun 30, 2026, down 20.3% from $162.83 million a year earlier but up 47.1% from the prior quarter.
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Analysis
FirstService (FSV) Cash from Operations (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, FirstService reported Cash from Operations of $459.84 million, up 25.0% year-over-year; for the year ended Dec 31, 2025, it was $445.94 million, up 56.1% from the prior year.
- Cash from Operations has increased in each of the last three years, with a five-year compound annual growth rate of 8.9% (years ended Dec 2020 to Dec 2025).
- Going back by year, Cash from Operations was $285.67 million in the year ended Dec 31, 2024 (+1.9%), $280.36 million in the year ended Dec 31, 2023 (+164.8%), $105.89 million in the year ended Dec 31, 2022 (-36.7%) and $167.27 million in the year ended Dec 31, 2021 (-42.7%).
- The five-year range for quarterly Cash from Operations is -$11.43 million (the quarter ended Sep 30, 2022) to $162.83 million (the quarter ended Jun 30, 2025).
- Year-over-year, Cash from Operations increased in four of the last seven quarters, with growth averaging 26.5%.
- The fastest year-over-year change in Cash from Operations over five years came in the quarter ended Mar 31, 2026 (growth of 113.9%), and the weakest in the quarter ended Mar 31, 2022 (a decline of 94.4%).
- Business Quant data shows FSV's Cash from Operations at $88.22 million (quarter ended Mar 31, 2026), $115.5 million (quarter ended Dec 31, 2025) and $126.36 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 146.57 Bn | 105.85 Bn | 6.13 Bn | 3.79 Bn |
| 2 | Cintas | 86.10 Bn | 85.19 Bn | 1.55 Bn | 572.33 Mn |
| 3 | Iron Mountain | 33.91 Bn | 33.10 Bn | 1.07 Bn | 549.26 Mn |
| 4 | APi | 17.21 Bn | 14.24 Bn | 703.00 Mn | 83.00 Mn |
| 5 | Rollins | 15.85 Bn | 15.40 Bn | 569.95 Mn | 172.51 Mn |
| 6 | UL Solutions | 14.83 Bn | 13.59 Bn | 417.00 Mn | 160.00 Mn |
| 7 | Aramark | 14.80 Bn | 12.74 Bn | 430.34 Mn | 117.19 Mn |
| 8 | Gartner | 14.55 Bn | 8.24 Bn | 1.19 Bn | 398.29 Mn |
| 9 | Rentokil Initial | 10.69 Bn | 4.20 Bn | - | - |
| 10 | FirstService | 6.27 Bn | 5.53 Bn | 480.66 Mn | 129.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 129.77 Mn |
| Mar 31, 2026 | 88.22 Mn |
| Dec 31, 2025 | 115.50 Mn |
| Sep 30, 2025 | 126.36 Mn |
| Jun 30, 2025 | 162.83 Mn |
| Mar 31, 2025 | 41.25 Mn |
| Dec 31, 2024 | 86.72 Mn |
| Sep 30, 2024 | 77.01 Mn |
| Jun 30, 2024 | 130.74 Mn |
| Mar 31, 2024 | -8.80 Mn |
| Dec 31, 2023 | 110.45 Mn |
| Sep 30, 2023 | 83.97 Mn |
| Jun 30, 2023 | 86.25 Mn |
| Mar 31, 2023 | -303,000.00 |
| Dec 31, 2022 | 54.02 Mn |
| Sep 30, 2022 | -11.43 Mn |
| Jun 30, 2022 | 61.80 Mn |
| Mar 31, 2022 | 1.50 Mn |
| Dec 31, 2021 | 32.01 Mn |
| Sep 30, 2021 | 28.54 Mn |
API Access
FirstService Cash from Operations 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=cash-from-operations&ticker=FSV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "FSV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=FSV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();