FirstService (FSV) Debt Ratio (2014 - 2026)
FirstService's (FSV) quarterly Debt Ratio came in at 0.29 in Q2 2026, down 36.63% on a YoY basis from 0.45 in Q2 2025, and up 16.55% quarter-over-quarter from 0.25 in Q1 2026.
Analysis
FirstService (FSV) Debt Ratio (2014 - 2026) Analysis & Trends
FirstService (FSV) has reported Debt Ratio for 13 consecutive years, with 0.29 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 36.63% year-over-year to 0.29; the trailing twelve-month figure through Jun 2026 stood at 0.29 (down 36.63% YoY), and the FY2025 full-year result was 0.25, down 18.36% from the prior year.
- Debt Ratio improved to 0.29 in Q2 2026 per FSV's latest filing, from 0.25 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.54 in Q1 2024 and bottomed at 0.25 in Q1 2026.
- Historically, Debt Ratio has averaged 0.36 across 5 years, with a median of 0.31 in 2025.
- The sharpest annual moves came in 2023 and 2025: Debt Ratio jumped 77.32% in 2023, then plunged 44.92% in 2025.
- Over 5 years, Debt Ratio stood at 0.26 in 2022, then grew by 23.16% to 0.33 in 2023, then dropped by 5.04% to 0.31 in 2024, then dropped by 18.36% to 0.25 in 2025, then grew by 13.41% to 0.29 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.29, 0.25, and 0.25 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.22 Bn | 79.93 Bn | 1.48 Bn | 0.23 |
| 2 | Iron Mountain | 34.79 Bn | 34.91 Bn | 1.07 Bn | 0.80 |
| 3 | APi | 17.30 Bn | 16.45 Bn | 703.00 Mn | 0.38 |
| 4 | Rollins | 17.25 Bn | 17.14 Bn | 569.95 Mn | 0.27 |
| 5 | Aramark | 14.96 Bn | 14.53 Bn | 430.34 Mn | 0.44 |
| 6 | FirstService | 6.59 Bn | 6.92 Bn | 480.66 Mn | 0.29 |
| 7 | Unifirst | 4.98 Bn | 4.81 Bn | 234.73 Mn | - |
| 8 | Geo | 4.20 Bn | 3.95 Bn | - | 0.41 |
| 9 | CoreCivic | 3.43 Bn | 3.32 Bn | - | 0.39 |
| 10 | Abm Industries | 2.76 Bn | 2.65 Bn | 286.10 Mn | 0.32 |
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 |