FirstService (FSV) Debt Ratio (2014 - 2026)
FirstService's Debt Ratio came in at 0.29 for the quarter ended Jun 30, 2026, down 36.6% from 0.45 a year earlier but up 16.5% from the prior quarter.
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Analysis
FirstService (FSV) Debt Ratio (2014 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, FirstService's Debt Ratio was 0.25, down 18.4% from the prior year.
- Going back by year, Debt Ratio was 0.31 in the year ended Dec 31, 2024 (-5.0%), 0.33 in the year ended Dec 31, 2023 (+23.2%), 0.26 in the year ended Dec 31, 2022 (-6.5%) and 0.28 in the year ended Dec 31, 2021 (+5.5%).
- The five-year range for quarterly Debt Ratio is 0.25 (the quarter ended Mar 31, 2026) to 0.54 (the quarter ended Mar 31, 2024).
- Year-over-year, Debt Ratio has declined for seven consecutive quarters, with an average decline of 21.0% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in the quarter ended Mar 31, 2023 (growth of 73.3%), and the weakest in the quarter ended Sep 30, 2025 (a decline of 44.9%).
- Business Quant data shows FSV's Debt Ratio at 0.25 (quarter ended Mar 31, 2026), 0.25 (quarter ended Dec 31, 2025) and 0.27 (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) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 146.43 Bn | 105.71 Bn | 6.13 Bn | 0.07 |
| 2 | Cintas | 86.79 Bn | 85.87 Bn | 1.55 Bn | 0.23 |
| 3 | Iron Mountain | 33.63 Bn | 32.82 Bn | 1.07 Bn | 0.79 |
| 4 | APi | 17.31 Bn | 14.35 Bn | 703.00 Mn | 0.35 |
| 5 | Rollins | 16.03 Bn | 15.57 Bn | 569.95 Mn | 0.21 |
| 6 | UL Solutions | 14.80 Bn | 13.55 Bn | 417.00 Mn | 0.10 |
| 7 | Aramark | 14.78 Bn | 12.73 Bn | 430.34 Mn | 0.44 |
| 8 | Gartner | 14.60 Bn | 8.29 Bn | 1.19 Bn | 0.41 |
| 9 | Rentokil Initial | 10.70 Bn | 4.21 Bn | - | -0.13 |
| 10 | FirstService | 6.30 Bn | 5.56 Bn | 480.66 Mn | 0.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.52 |
| Mar 31, 2024 | 0.54 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.39 |
API Access
FirstService Debt Ratio 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=debt-ratio&ticker=FSV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=FSV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();