FirstService (FSV) Debt Ratio (2014 - 2026)
FirstService (FSV) recorded quarterly Debt Ratio of 0.25 in Q1 2026, down 3.67% on a QoQ basis from 0.26 in Q4 2025, and down 20.01% year-over-year from 0.31 in Q1 2025.
FirstService (FSV) Debt Ratio (2014 - 2026) Analysis & Trends
FirstService has disclosed Debt Ratio across 13 years of filings, most recently posting 0.25 for Q1 2026.
- Quarterly Debt Ratio fell 20.01% year-over-year to 0.25 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.25 (down 20.01% YoY) and the FY2025 annual result came in at 0.26, down 14.62% from the prior year.
- Debt Ratio retreated to 0.25 in Q1 2026, from 0.26 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.53 in Q1 2024 and troughed at 0.25 in Q1 2026.
- A 5-year average of 0.36 and a median of 0.31 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio jumped 80.45% — and 2025, when it sank 42.2%.
- Tracing FSV's Debt Ratio over 5 years: stood at 0.26 in 2022, then grew by 24.3% to 0.32 in 2023, then slipped by 6.52% to 0.3 in 2024, then fell by 14.62% to 0.26 in 2025, then slipped by 3.67% to 0.25 in 2026.
- Business Quant data shows FSV's Debt Ratio at 0.25 in Q1 2026, 0.26 in Q4 2025, and 0.28 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 44.35 Bn | 43.37 Bn | 231.80 | 0.60 |
| 2 | Cbre | 38.64 Bn | 37.43 Bn | 1.85 Bn | 0.17 |
| 3 | Jones Lang Lasalle | 13.86 Bn | 13.54 Bn | - | 0.04 |
| 4 | Costar | 12.44 Bn | 11.16 Bn | 701.00 Mn | 0.10 |
| 5 | Compass | 7.37 Bn | 6.89 Bn | 2.31 Bn | 0.39 |
| 6 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | - |
| 7 | Opendoor Technologies | 4.28 Bn | 4.21 Bn | 72.00 Mn | 0.48 |
| 8 | Cushman & Wakefield | 3.00 Bn | 2.40 Bn | 420.70 Mn | 0.36 |
| 9 | Newmark | 2.71 Bn | 2.66 Bn | - | 0.16 |
| 10 | FirstService | 60.90 | 286.19 Mn | 430.65 | 0.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.49 |
| Jun 30, 2024 | 0.52 |
| Mar 31, 2024 | 0.53 |
| Dec 31, 2023 | 0.32 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.25 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.24 |
| Sep 30, 2021 | 0.36 |
| Jun 30, 2021 | 0.37 |