FirstService (FSV) Debt to Equity (2014 - 2026)
FirstService (FSV) recorded quarterly Debt to Equity of $0.75 in Q1 2026, down 7.05% on a QoQ basis from $0.81 in Q4 2025, and down 31.58% year-over-year from $1.1 in Q1 2025.
FirstService (FSV) Debt to Equity (2014 - 2026) Analysis & Trends
FirstService has disclosed Debt to Equity across 13 years of filings, most recently posting $0.75 for Q1 2026.
- Quarterly Debt to Equity fell 31.58% year-over-year to $0.75 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.75 (down 31.58% YoY) and the FY2025 annual result came in at $0.81, down 24.74% from the prior year.
- Debt to Equity declined to $0.75 in Q1 2026, from $0.81 in the prior quarter.
- Over five years, Debt to Equity peaked at $1.22 in Q2 2024 and troughed at $0.75 in Q1 2026.
- A 5-year average of $0.94 and a median of $0.88 in 2023 frame the typical range for Debt to Equity.
- Annual changes were most pronounced in 2024 — Debt to Equity jumped 49.57% — and 2026, when it plunged 31.58%.
- Tracing FSV's Debt to Equity over 5 years: stood at $0.8 in 2022, then soared by 43.93% to $1.15 in 2023, then declined by 6.75% to $1.07 in 2024, then dropped by 24.74% to $0.81 in 2025, then dropped by 7.05% to $0.75 in 2026.
- Business Quant data shows FSV's Debt to Equity at $0.75 in Q1 2026, $0.81 in Q4 2025, and $0.93 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 | -118.70 |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn | 0.60 |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn | 0.13 |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - | 0.11 |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | - |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn | 1.11 |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn | 1.19 |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn | 1.41 |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - | 0.59 |
| 10 | FirstService | 61.90 | 286.19 Mn | 430.65 | 0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.75 |
| Dec 31, 2025 | 0.81 |
| Sep 30, 2025 | 0.93 |
| Jun 30, 2025 | 1.01 |
| Mar 31, 2025 | 1.10 |
| Dec 31, 2024 | 1.07 |
| Sep 30, 2024 | 1.11 |
| Jun 30, 2024 | 1.22 |
| Mar 31, 2024 | 1.17 |
| Dec 31, 2023 | 1.15 |
| Sep 30, 2023 | 0.76 |
| Jun 30, 2023 | 0.82 |
| Mar 31, 2023 | 0.88 |
| Dec 31, 2022 | 0.80 |
| Sep 30, 2022 | 0.81 |
| Jun 30, 2022 | 0.75 |
| Mar 31, 2022 | 0.80 |
| Dec 31, 2021 | 0.75 |
| Sep 30, 2021 | 0.68 |
| Jun 30, 2021 | 0.72 |