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
DateValue
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