FirstService (FSV) FCF Margin (2014 - 2026)
FirstService's (FSV) quarterly FCF Margin came in at 11.11% in Q2 2026, down 275.0% on a YoY basis from 6.35% in Q2 2025, and up 25.41% quarter-over-quarter from 8.86% in Q1 2026.
Analysis
FirstService (FSV) FCF Margin (2014 - 2026) Analysis & Trends
FirstService (FSV) has reported FCF Margin for 13 consecutive years, with 11.11% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 275.0% year-over-year to 11.11%; the trailing twelve-month figure through Jun 2026 stood at 10.44% (up 143.0% YoY), and the FY2025 full-year result was 10.43%, up 280.0% from the prior year.
- FCF Margin rose to 11.11% in Q2 2026 per FSV's latest filing, from 8.86% in the prior quarter.
- Across five years, FCF Margin topped out at 13.86% in Q2 2025 and bottomed at 0.8% in Q3 2022.
- Historically, FCF Margin has averaged 8.01% across 5 years, with a median of 8.81% in 2026.
- The sharpest annual moves came in 2022 and 2023: FCF Margin sank 412 bps in 2022, then jumped 882 bps in 2023.
- Over 5 years, FCF Margin stood at 7.47% in 2022, then surged by 68 bps to 12.56% in 2023, then slumped by 31 bps to 8.69% in 2024, then climbed by 22 bps to 10.6% in 2025, then grew by 5 bps to 11.11% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 11.11%, 8.86%, and 10.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.04 Bn | 79.76 Bn | 1.48 Bn | 21.10% |
| 2 | Iron Mountain | 34.33 Bn | 34.13 Bn | 1.07 Bn | -1.92% |
| 3 | Rollins | 16.59 Bn | 16.48 Bn | 569.95 Mn | 15.40% |
| 4 | APi | 16.40 Bn | 15.55 Bn | 703.00 Mn | 2.31% |
| 5 | Aramark | 14.94 Bn | 14.44 Bn | 430.34 Mn | 0.10% |
| 6 | FirstService | 6.27 Bn | 6.10 Bn | 480.66 Mn | 11.11% |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn | 3.34% |
| 8 | Geo | 4.11 Bn | 3.86 Bn | - | 8.11% |
| 9 | CoreCivic | 3.40 Bn | 3.29 Bn | - | 16.33% |
| 10 | Abm Industries | 2.92 Bn | 2.81 Bn | 286.10 Mn | 5.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.11% |
| Mar 31, 2026 | 8.86% |
| Dec 31, 2025 | 10.60% |
| Sep 30, 2025 | 11.05% |
| Jun 30, 2025 | 13.86% |
| Mar 31, 2025 | 5.66% |
| Dec 31, 2024 | 8.69% |
| Sep 30, 2024 | 7.42% |
| Jun 30, 2024 | 12.34% |
| Mar 31, 2024 | 1.40% |
| Dec 31, 2023 | 12.56% |
| Sep 30, 2023 | 9.62% |
| Jun 30, 2023 | 9.73% |
| Mar 31, 2023 | 2.08% |
| Dec 31, 2022 | 7.47% |
| Sep 30, 2022 | 0.80% |
| Jun 30, 2022 | 8.77% |
| Mar 31, 2022 | 2.17% |
| Dec 31, 2021 | 5.59% |
| Sep 30, 2021 | 4.92% |