FirstService (FSV) Equity Ratio (2013 - 2026)
FirstService (FSV) recorded quarterly Equity Ratio of 0.33 in Q1 2026, up 3.64% on a QoQ basis from 0.32 in Q4 2025, and up 16.92% year-over-year from 0.28 in Q1 2025.
FirstService (FSV) Equity Ratio (2013 - 2026) Analysis & Trends
FirstService has disclosed Equity Ratio across 14 years of filings, most recently posting 0.33 for Q1 2026.
- Quarterly Equity Ratio rose 16.92% year-over-year to 0.33 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.33 (up 16.92% YoY) and the FY2025 annual result came in at 0.32, up 13.45% from the prior year.
- Equity Ratio climbed to 0.33 in Q1 2026, from 0.32 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.57 in Q3 2023 and troughed at 0.28 in Q4 2023.
- A 5-year average of 0.39 and a median of 0.34 in 2022 frame the typical range for Equity Ratio.
- Annual changes were most pronounced in 2023 — Equity Ratio soared 68.99% — and 2025, when it plunged 37.43%.
- Tracing FSV's Equity Ratio over 5 years: stood at 0.33 in 2022, then fell by 13.64% to 0.28 in 2023, then gained by 0.24% to 0.28 in 2024, then climbed by 13.45% to 0.32 in 2025, then grew by 3.64% to 0.33 in 2026.
- Business Quant data shows FSV's Equity Ratio at 0.33 in Q1 2026, 0.32 in Q4 2025, and 0.31 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 | -0.01 |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn | 0.28 |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn | 0.78 |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - | 0.42 |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | - |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn | 0.35 |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn | 0.41 |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn | 0.26 |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - | 0.26 |
| 10 | FirstService | 61.90 | 286.19 Mn | 430.65 | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.32 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.28 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.57 |
| Jun 30, 2023 | 0.56 |
| Mar 31, 2023 | 0.53 |
| Dec 31, 2022 | 0.33 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.32 |
| Sep 30, 2021 | 0.52 |
| Jun 30, 2021 | 0.51 |