FirstService (FSV) Debt Ratio (2014 - 2026)

FirstService (FSV) posted quarterly Debt Ratio of 0.29 for Q2 2026, down 36.63% year-on-year from 0.45 in Q2 2025, and up 16.55% on a QoQ basis from 0.25 in Q1 2026.

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.

  • Quarterly Debt Ratio fell 36.63% year-over-year to 0.29 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.29 (down 36.63% YoY) and the FY2025 annual result came in at 0.25, down 16.68% 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.
  • Over the last five years, Debt Ratio for FSV reached as high as 0.54 in Q1 2024 and fell as low as 0.25 in Q1 2026.
  • A 5-year average of 0.36 and a median of 0.31 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2023 — Debt Ratio jumped 77.32% — and 2025, when it slumped 44.92%.
  • Year by year, Debt Ratio stood at 0.26 in 2022, then gained by 24.88% to 0.33 in 2023, then retreated by 6.96% to 0.3 in 2024, then retreated by 16.68% to 0.25 in 2025, then increased 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Colliers International 4,798.15 Bn 4,797.86 Bn - 0.37
2 IHS Holding 60.96 Bn 61.13 Bn 231.80 0.60
3 KE Holdings 53.48 Bn 50.59 Bn 661.06 Mn -
4 Cbre 39.71 Bn 39.92 Bn 1.85 Bn 0.26
5 Jones Lang Lasalle 14.96 Bn 14.65 Bn - 0.04
6 Costar 11.08 Bn 9.80 Bn 701.00 Mn 0.10
7 Compass 7.92 Bn 7.44 Bn 2.31 Bn 0.39
8 FirstService 6.01 Bn 6.28 Bn 480.66 Mn 0.29
9 Opendoor Technologies 3.69 Bn 2.69 Bn 72.00 Mn 0.54
10 Cushman & Wakefield 2.90 Bn 2.30 Bn 420.70 Mn 0.36

Historic Data

Download Data
DateValue
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 0.30
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 0.20
Sep 30, 2021 0.39