FirstService (FSV) EBITDA Margin (2014 - 2026)
FirstService's (FSV) quarterly EBITDA Margin came in at 11.16% in Q2 2026, up 6.0% on a YoY basis from 10.53% in Q2 2025, and up 39.02% quarter-over-quarter from 8.03% in Q1 2026.
Analysis
FirstService (FSV) EBITDA Margin (2014 - 2026) Analysis & Trends
FirstService (FSV) has reported EBITDA Margin for 13 consecutive years, with 11.16% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 6.0% year-over-year to 11.16%; the trailing twelve-month figure through Jun 2026 stood at 9.77% (down 10.0% YoY), and the FY2025 full-year result was 8.11%, down 14.0% from the prior year.
- EBITDA Margin rose to 11.16% in Q2 2026 per FSV's latest filing, from 8.03% in the prior quarter.
- Across five years, EBITDA Margin topped out at 11.46% in Q3 2024 and bottomed at 5.21% in Q1 2022.
- Historically, EBITDA Margin has averaged 8.96% across 5 years, with a median of 9.12% in 2024.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin plunged 196 bps in 2023, then jumped 213 bps in 2024.
- Over 5 years, EBITDA Margin stood at 8.26% in 2022, then slipped by 24 bps to 6.3% in 2023, then soared by 34 bps to 8.43% in 2024, then slipped by 2 bps to 8.28% in 2025, then jumped by 35 bps to 11.16% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 11.16%, 8.03%, and 8.28% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.04 Bn | 79.76 Bn | 1.48 Bn | 23.17% |
| 2 | Iron Mountain | 34.33 Bn | 34.13 Bn | 1.07 Bn | 28.41% |
| 3 | Rollins | 16.59 Bn | 16.48 Bn | 569.95 Mn | 18.67% |
| 4 | APi | 16.40 Bn | 15.55 Bn | 703.00 Mn | 7.76% |
| 5 | Aramark | 14.94 Bn | 14.44 Bn | 430.34 Mn | 4.26% |
| 6 | FirstService | 6.27 Bn | 6.10 Bn | 480.66 Mn | 11.16% |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn | 3.63% |
| 8 | Geo | 4.11 Bn | 3.86 Bn | - | 13.89% |
| 9 | CoreCivic | 3.40 Bn | 3.29 Bn | - | 10.19% |
| 10 | Abm Industries | 2.92 Bn | 2.81 Bn | 286.10 Mn | 3.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.16% |
| Mar 31, 2026 | 8.03% |
| Dec 31, 2025 | 8.28% |
| Sep 30, 2025 | 11.38% |
| Jun 30, 2025 | 11.10% |
| Mar 31, 2025 | 8.26% |
| Dec 31, 2024 | 8.43% |
| Sep 30, 2024 | 11.46% |
| Jun 30, 2024 | 10.21% |
| Mar 31, 2024 | 7.20% |
| Dec 31, 2023 | 6.30% |
| Sep 30, 2023 | 10.02% |
| Jun 30, 2023 | 10.57% |
| Mar 31, 2023 | 5.75% |
| Dec 31, 2022 | 8.26% |
| Sep 30, 2022 | 9.94% |
| Jun 30, 2022 | 9.81% |
| Mar 31, 2022 | 5.21% |
| Dec 31, 2021 | 9.64% |
| Sep 30, 2021 | 11.09% |